Green Car Congress

JUNE 24, 2021

bp announced the safe start-up of the Manuel project in the US Gulf of Mexico, the fourth of five major projects expected to be delivered globally in 2021. The wells are expected to boost gross platform production by an estimated 20,100 barrels of oil equivant a day (boe/d).

Mexico 243

Mexico Mississippi Canada Oil 243

Green Car Congress

JULY 21, 2022

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6

Global 448

Global China Kuwait Oman 448

Green Car Congress

JULY 30, 2019

Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on crude oil quality and on refining industry.

Saudi Arabia 170

Saudi Arabia Oil 2018 Global 170

Green Car Congress

SEPTEMBER 6, 2016

Shell has begun production from the Stones development in the Gulf of Mexico. Stones is expected to produce around 50,000 barrels of oil equivalent per day (boe/d) when fully ramped up at the end of 2017. Shell’s global deep water business is a growth priority for the company and currently produces 600,000 boe/d.

Mexico 150

Mexico Oil Gas Production 150

Green Car Congress

AUGUST 23, 2012

Increased activity in the Exploration and Production (E&P) sector will be the primary driver in pushing oil and gas capital expenditure (capex) to $1.039 trillion for 2012, according to the latest report by business intelligence firm GlobalData. North America is expected to witness the highest capex globally, with $254.3

Oil 210

Oil 2012 Oil-Sands Gas 210

Green Car Congress

JUNE 10, 2013

Map of basins with assessed shale oil and shale gas formations, as of May 2013. Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. Source: US EIA. Click to enlarge.

Oil 281

Oil Algeria United States Argentina 281

Green Car Congress

JANUARY 10, 2018

In its latest edition of the Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that US crude oil production will average 10.3 EIA also forecasts that 2019 crude oil production will rise further to an average of 10.8 US crude oil production averaged an estimated 9.3 million b/d set in 1970.

2018 207

2018 2019 Oil Production 207

Green Car Congress

JULY 5, 2023

HF Sinclair selected Topsoe as a technology provider for the production of renewable fuels at three facilities: Sinclair, Wyoming; Cheyenne, Wyoming; and Artesia, New Mexico. With HydroFlex, customers can convert low-value feedstocks into drop-in renewable jet and diesel that meets all of the globally accepted specifications for these fuels.

Renewable 195

Renewable Diesel Wyoming New Mexico 195

Green Car Congress

JULY 23, 2012

CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.

Oil-Sands 325

Oil-Sands Oil Canada Gas 325

Green Car Congress

MAY 18, 2017

shale in particular—is effectively capping the oil price gains from that agreement. Four months after the OPEC/NOPEC deal took effect, oil prices dropped to the levels preceding the agreement, amid concerns over still stubbornly high inventories and rising U.S. oil production,” the consultancy noted.

Oil Prices 170

Oil Prices Oil 2017 Price 170

Green Car Congress

DECEMBER 4, 2016

BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Oil production is expected to begin in late 2021. Oil production is expected to begin in late 2021. In 2013, BP (operator, with 60.5% Earlier post.).

Mexico 150

Mexico Chevron Oil Oil Prices 150

Green Car Congress

NOVEMBER 3, 2010

The New Mexico Environmental Improvement Board (EIB) adopted by a vote of four to three greenhouse gas reduction regulations—called the most stringent in the US—that will reduce global warming pollutants through a regional cap on greenhouse gas emissions. New Mexico Greenhouse Gas Cap-and-Trade Regulation.

New Mexico 225

New Mexico Mexico Gas Climate Change 225

Green Car Congress

JULY 16, 2017

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. At the same time, Saudi Arabia’s export volumes have been hit by high local summer demand for crude oil and products. by Cyril Widdershoven for Oilprice.com.

Oil 186

Oil Libya Nigeria Qatar 186

Green Car Congress

SEPTEMBER 12, 2011

France-based Technip is acquiring US-based Global Industries for $1.073 billion. Global Industries is a provider of subsea construction and pipelay, engineering, project management and support services. Technip says that the acquisition of Global Industries reinforces its position leadership in the fast-growing subsea market.

Industrial 199

Industrial Industry Global Oil 199

Green Car Congress

JUNE 30, 2016

As one of the outcomes of the “Three Amigos” meeting in Ottawa, Canada Prime Minister Justin Trudeau, US President Barack Obama, and Mexico President Enrique Peña Nieto committed to an “ambitious and enduring” North American Climate, Clean Energy, and Environment Partnership. 50% clean power target.

Mexico 199

Mexico Canada Standards Light 199

Green Car Congress

JANUARY 1, 2014

In mid-December 2013, BP announced its discovery in the Gila prospect, its latest in the Paleogene in the deepwater US Gulf of Mexico. BP also confirmed the recently-announced Pitu oil discovery in the frontier deepwater of the Potiguar basin off Brazil’s equatorial margin, announced by Petrobras. Click to enlarge. Click to enlarge.

Angola 220

Angola Mexico Brazil 2013 220

Green Car Congress

AUGUST 18, 2021

Anglo-Australian BHP Group is merging its oil and gas business with Woodside Petroleum Ltd. Shenzi is a six-lease development in the deepwater Gulf of Mexico and is structured as a joint ownership: BHP (Operator, 72% interest) and Repsol S.A. (28% 28% interest). The project will deliver 4.35

Future 221

Future Trinidad Mexico Australia 221

Green Car Congress

OCTOBER 22, 2014

A research team led by The University of Texas at Austin has been awarded approximately $58 million to analyze methane hydrate deposits under the Gulf of Mexico. In the Gulf of Mexico, where the team will be sampling, there is estimated to be about 7,000 trillion cubic feet (TCF) of methane in sand-dominated reservoirs near the seafloor.

Mexico 294

Mexico Austin Oil-Sands Mariner 294

Green Car Congress

AUGUST 14, 2021

According to the MOU, Howard intends to capture its carbon emissions at Javelina, avoiding atmospheric release which contributes to global warming. As a leader in US crude oil export ports and a major economic engine of Texas and the nation, Port of Corpus Christi is the largest port in the United States in total revenue tonnage.

San Antonio 170

San Antonio Hydrogen Convert Mexico 170

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

AUGUST 17, 2023

Acquiring Carbon Engineering aligns with Occidental’s integrated net-zero strategy and provides Occidental, through its 1PointFive subsidiary, the opportunity to rapidly advance DAC technology breakthroughs and accelerate deployment of DAC as a large-scale, cost effective, global carbon removal solution.

Carbon 150

Carbon Engine Companies Texas 150

Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

Oil 150

Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

MAY 10, 2019

Global LDV Fuel Efficiency Improvement. Today, Klein says, Brazil, Canada, China, the EU, India, Japan, Mexico, Saudi Arabia, South Korea, and the US have established fuel economy or GHG emission standards for light-duty vehicles (LDVs).

Fuel Economy 247

Fuel Economy Saudi Arabia Economy Light 247

Green Car Congress

NOVEMBER 18, 2015

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

Saudi Arabia 150

Saudi Arabia Oil Europe Russia 150

Green Car Congress

APRIL 18, 2020

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

2020 191

2020 Commercial Global Production 191

Green Car Congress

DECEMBER 10, 2014

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.

Energy 252

Energy Global 2010 Oil-Sands 252

Green Car Congress

JANUARY 9, 2015

In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36 2015 forecast share by region.

2015 150

2015 Global Auto Peru 150

Green Car Congress

APRIL 5, 2017

Platts RigData, a forecasting and analytics unit of S&P Global Platts, announced that the US rig count for March 2017 was 901, up 67 (8%) from February 2017, and up 391 (77%) from March 2016. This rig count includes US onshore, US inland waters, and US offshore Gulf of Mexico drilling rigs.

Mexico 170

Mexico North America 2016 2017 170

Green Car Congress

AUGUST 26, 2014

In its latest Monday note, energy research company Douglas-Westwood wrote that the Exploration & Production industry (E&P), experiencing rising global hydrocarbon demand as well as rising costs, is facing the technical challenge of the development of High Pressure – High Temperature (HPHT) reserves.

Industrial 231

Industrial Industry Oil Gas 231

Green Car Congress

JUNE 17, 2015

Exxon Mobil has started production at its Kearl oil sands expansion project in Alberta, Canada ahead of schedule; the expansion is expected to double overall capacity to 220,000 barrels of bitumen a day, with the expansion itself ultimately expected to reach 110,000 barrels per day. Kearl will access approximately 4.6 Earlier post.).

Oil-Sands 150

Oil-Sands Oil Angola Nigeria 150

Green Car Congress

JULY 15, 2021

These should be traveling the world’s oceans by the end of 2023, serving the North American route between Emden in Germany and Veracruz in Mexico. Volkswagen was one of the first car manufacturers to subscribe to the goals of the Paris Climate Agreement that aim to limit global warming to significantly less than two degrees by 2050.

Emissions 476

Emissions Mariner Climate Climate Protection 476

Green Car Congress

MARCH 15, 2016

Shell and its joint venture announced the start of oil production from the third phase of the deep-water Parque das Conchas (BC-10) development in Brazil’s Campos Basin. The development is the first of its kind based fully on subsea oil and gas separation and subsea pumping.

Brazil 150

Brazil Water Nigeria Mexico 150

Green Car Congress

APRIL 17, 2010

The Government of Canada has established a Heavy Oil Working Group. Comprising countries such as Canada, Brazil, Colombia, Mexico, the United States and Venezuela, the Heavy Oil Working Group will collaborate on clean energy research to reduce the impact of fossil fuel development. Minister Paradis. Minister Paradis.

Canada 170

Canada Oil Oil-Sands Cleaner 170

Green Car Congress

FEBRUARY 12, 2019

CAR said that a number of positive factors support a high level of US light vehicle sales, including: Projected moderate US economic output growth in 2019; Historically low US unemployment rates; Relatively low oil prices continue through 2020; Underlying nominal wage growth continues; High levels of consumer confidence were reached in Q4 2018; and.

2019 170

2019 Light Sale Mexico 170

Green Car Congress

SEPTEMBER 7, 2011

UK Energy Minister, Charles Hendry MP, unveiled a well-capping device developed by the Oil Spill Prevention and Response Advisory Group (OSPRAG) at the SPE Offshore Europe 2011 conference in Aberdeen. The OSPRAG well-capping device. Click to enlarge. Capping device key facts. To various points of the subsea stack.

Oil 218

Oil United Kingdom Water 2010 218

Green Car Congress

OCTOBER 19, 2015

EPA received a petition from Global Clean Energy Holdings (GCEH) submitted under a claim of confidential business information (CBI), requesting that EPA evaluate the lifecycle GHG emissions for biofuels (biodiesel, renewable diesel, jet fuel and naphtha) produced from jatropha oil.

EPA 150

EPA Diesel Brazil Mexico 150

Green Car Congress

MAY 12, 2011

Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with 64% predicting crude prices to exceed $121 per barrel. Only 35% think current crude prices are near the high they expect for oil this year, predicting the peak will be between $111 and $120 per barrel. —John Kunasek.

Oil 225

Oil Energy Wind 2011 225