Green Car Congress
APRIL 14, 2023
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. Argos is the centerpiece of bp’s Mad Dog Phase 2 project, which extends the life of the super-giant oil field discovered in 1998. Earlier post.) bp is the operator with 60.5%
Green Car Congress
JULY 13, 2021
The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.
Green Car Congress
MAY 3, 2017
Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.
Green Car Congress
JANUARY 28, 2019
For the Transportation sector, EIA projects that energy consumption will decline between 2019 and 2037 (in the Reference case) because increases in fuel economy more than offset growth in vehicle miles traveled (VMT). This growth arises from increases in air transportation outpacing increases in aircraft fuel efficiency.
Green Car Congress
OCTOBER 8, 2016
Caelus Energy Alaska, LLC, a privately held independent exploration and production company, announced that its subsidiary, Caelus Energy Alaska Smith Bay LLC, has made a significant light oil discovery on its Smith Bay state leases on the North Slope of Alaska. miles northwest of the CT-1 discovery at the CT-2 location.
Green Car Congress
AUGUST 23, 2014
Enbridge says it operates the largest, longest, and most complex petroleum pipeline system in the world: approximately 25,420 kilometers (15,795 miles) of pipe delivers an average of more than 2.2-million million barrels per day of crude oil and liquids. The Enbridge Mainline system is the largest conduit of oil into the United States.
Green Car Congress
AUGUST 24, 2018
The US Energy Information Administration (EIA) August Short-Term Energy Outlook (STEO) forecasts that US crude oil production will average 10.7 This national increase is almost entirely driven by tight oil. Lower wellhead prices in the region are contributing to slower growth in Permian crude oil production in 2019 compared with 2018.
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