article thumbnail

EIA expects increased US crude oil production, with continued high petroleum prices in 2022

Green Car Congress

The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 million barrels per day in 2023, which would surpass the record average production of 12.3 EIA forecasts that retail sales of electricity to the industrial sector will grow by 2.8% million barrels per day set in 2019.

Oil 344
article thumbnail

Imperial Oil and E3 Lithium partner on lithium pilot project, redeveloping historic oil field

Green Car Congress

The pilot will support E3 Lithium’s Clearwater project, which will draw lithium from under the Leduc oil field, Imperial’s historic discovery that first launched major oil and gas development in Western Canada. This produces a very clean product for the development of high-purity battery-grade lithium compounds.

Oil 418
article thumbnail

bp starts oil production at Argos platform in the Gulf of Mexico; first new platform since 2008

Green Car Congress

bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. bp now operates five production platforms in the deepwater Gulf of Mexico: Argos, Atlantis, Mad Dog, Na Kika and Thunder Horse. Earlier post.) working interest.

Mexico 259
article thumbnail

Novvi LLC begins production of 100% renewable base oils & process oils

Green Car Congress

Novvi LLC announced the successful start-up of its Deer Park, TX plant, where it is manufacturing and marketing 100% renewable base oils ( NovaSpec Base Oils ) for the lubricants industry, and 100% renewable process oils for polymer, adhesives, and personal care industries. Novvi is a joint venture of Amyris, Inc.,

Oil 247
article thumbnail

S&P Global: absolute GHGs from Canadian oil sands did not increase in 2022 even as production grew

Green Car Congress

Absolute greenhouse gas emissions from Canadian oil sands production were flat in 2022 even as total production grew, according to an initial analysis by S&P Global Commodity Insights. Absolute emissions held steady at 81 million metric tons of carbon dioxide (MMTCO2) in 2022 while total production topped 3.1

Oil-Sands 195
article thumbnail

Westinghouse, Bloom Energy to accelerate large-scale hydrogen production in nuclear industry; high-temperature integrated electrolysis

Green Car Congress

Westinghouse Electric Company and Bloom Energy Corporation have entered into a Letter of Intent to pursue clean hydrogen production in the commercial nuclear power market. The companies are teaming to identify and implement clean hydrogen projects across the nuclear industry.

Hydrogen 319
article thumbnail

DOE awards $165M GEODE grant to consortium to accelerate development of geothermal by leveraging oil and gas industry

Green Car Congress

The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

Oil 170