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Eni report: global oil reserves and oil production up in 2018 due to US

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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 second volume, the World Gas and Renewables Review , focused on natural gas and renewables sources (solar, wind and biofuels), will be published in autumn.

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IRENA: Mexico can more than quadruple share of renewable energy by 2030

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Mexico can increase the use of renewable energy in its energy mix from 4.4% in 2010 to 21% by 2030, according to a report released by the International Renewable Energy Agency (IRENA). Current plans, however, would only achieve a 10% share of renewables by 2030. GW) and biomass 2.5% (4 GW). —Adnan Z.

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Obama Administration Opens Up Oil and Gas Development and Exploration in Gulf of Mexico, Atlantic and Arctic

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The Obama Administration will expand oil and gas development and exploration on the US Outer Continental Shelf, while protecting fisheries, tourism, and places off US coasts that it says are not appropriate for development. The Department of the Interior’s Minerals Management Service estimates that the Gulf of Mexico contains 36-41.5

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 While domestic crude oil production is projected to level off and then slowly decline after 2020 in the Reference case, natural gas production grows steadily, with a 56% increase between 2012 and 2040, when production reaches 37.6

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Obama sets goal of reducing US oil imports by 1/3 by 2025; domestic and Western Hemisphere production, natural gas, biofuels, electric vehicles, fleet purchases

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Meeting the goal of cutting US oil dependence depends largely on two things, Obama said: finding and producing more oil at home, and reducing dependence on oil with cleaner alternative fuels and greater efficiency. The Administration is pushing the oil industry to produce on leases already held.

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Praxair Wins Hydrogen Contract with Renewable Diesel Startup Cetane Energy

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a contract to supply hydrogen for the production of second-generation renewable diesel from tallow (animal fat) at its biorefinery in Carlsbad, N.M. MM from the City of Carlsbad, New Mexico to commercialize algae oil to renewable diesel. Cetane Energy , LLC, has awarded Praxair, Inc.

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Aeromexico flying commercial route with 15% blend of Honeywell Green Jet Fuel

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Aeromexico is using a 15% blend of Honeywell Green Jet Fuel, produced from camelina using process technology from Honeywell’s UOP, on flights on its Mexico City to San Jose, Costa Rica route, marking one of the first uses of renewable fuels in everyday airplane passenger service.