article thumbnail

ExxonMobil announces significant oil discovery at Whiptail, offshore Guyana

Green Car Congress

The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high-quality oil-bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high-quality oil-bearing sandstone reservoirs.

Guyana 243
article thumbnail

DOE awards $8.4M for accessing geothermal potential from abandoned oil and gas wells

Green Car Congress

million to establish new geothermal energy and heat production from abandoned oil and gas wells. This work also supports the creation of new clean energy jobs, helping transition some of the oil and gas workforce to the production of renewable energy. The US Department of Energy (DOE) selected four new projects to receive up to $8.4

Oil 199
article thumbnail

Shell introduces new lifecycle approach to cut carbon footprint of aviation lubricants

Green Car Congress

The new lifecycle sustainability approach will be included as standard across the full AeroShell product range, including turbine engine oils (TEOs), piston engine oils (PEOs), greases and fluids, for both the commercial airline and general aviation markets. million miles since 2021.

Carbon 284
article thumbnail

Chevron Confirms first oil production from deepwater Papa-Terra offshore Brazil

Green Car Congress

Chevron’s Brazilian subsidiary and Petrobras have started crude oil production from Papa-Terra’s floating production, storage and offloading vessel (FPSO) offshore Brazil. Papa-Terra has installed capacity to produce 140,000 barrels of heavy crude per day; the project is estimated to recover 380 million barrels of oil.

Chevron 261
article thumbnail

Convert Oil Wells to Solve the Solar Storage Problem

Cars That Think

A possible answer, though, might lie in oil wells. The California-based Hyperlight Energy will be piloting an installation where they plan to use existing oil wells as solar thermal wellsprings, with the stored energy being converted back to clean electricity when required. But we can still reduce the carbon [cost] of that oil.”

Oil 125
article thumbnail

‘Buy Tesla’: Goldman Sachs defines investments as the Age of Oil closes

Teslarati

Goldman Sachs is preparing for the lapse of the Age of Oil, predicting big gains for the companies that continue to help expand the footprint of sustainable energy. However, Tesla isn’t the only car company that is listed , and cars are not the only topic that Goldman analysts are bullish on as the Age of Oil begins its imminent demise.

Oil 142
article thumbnail

Europe’s sightseeing buses are graduating from vegetable oil fuel to electric and solar power

Baua Electric

Tootbus is currently operating buses that run on hydrotreated vegetable oil but is adopting BEV and solar technology with VEV’s help. Additionally, VEV shared plans to install solar panels atop the Tootbus bus depot in Wandsworth in south London, which, pending permitting, will generate 65,000 kWh of 100% renewable power.

Solar 52