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. Today, the leaner $9-billion project, which also includes capacity for water injection, is projected to be profitable at or below current oil prices. Earlier post.).
Green Car Congress
APRIL 27, 2017
Between January 2016 and March 2017, oil production in the Permian Basin increased in all but three months, even as domestic crude oil prices fell. As production in other regions fell throughout most of 2015 and 2016, the Permian provided a growing share of US crude oil production. million b/d) in that month.
Green Car Congress
AUGUST 24, 2018
This national increase is almost entirely driven by tight oil. In particular, the Permian region in western Texas and eastern New Mexico is expected to account for more than half of the growth in crude oil production through 2019. Source: US Energy Information Administration, Short-Term Energy Outlook, August 2018.
Green Car Congress
DECEMBER 16, 2013
As a result, annual increases in vehicle miles traveled (VMT) in LDVs average 0.9% Personal air travel (billion seat-miles) grows by an average of 0.7% Pipeline exports of natural gas to Mexico grow by 6% per year, from 0.6 from 2012 to 2040, compared to 1.2% per year over the same period in AEO2013. quadrillion Btu in 2040.
Green Car Congress
JULY 4, 2009
The imminent collapse of traffic in megacities such as Mumbai, Mexico City or Bangkok. The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. The current price of a battery pack for just a short-range electric vehicle is between €8,000 to €12,000 he noted.
Green Car Congress
JUNE 23, 2011
Chevron has already shifted to gas-fired co-generation plants to produce steam and export power to the California grid; it is also working on a solar concentrator pilot in New Mexico that would generate steam using sunlight to further reduce costs and environmental impact of its thermal production process. being recorded daily.
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