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. Cosan, American Refining Group, Chevron, and H&R created to develop, produce, market, and distribute high-performance oils and lubricants from renewable sources.

2020 85

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects.

2020 96

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Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

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Canadian researchers have developed a large-scale economical method to extract hydrogen from oil sands (natural bitumen) and oil fields. The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. The process can also be applied to mainstream oil fields, causing them to produce hydrogen instead of oil. Oil fields, even abandoned oil fields, still contain significant amounts of oil.

IHS Markit: oil sands greenhouse gas intensity declined 20% over past decade

Green Car Congress

New research by the IHS Markit Canadian Oil Sands Dialogue shows that the combined greenhouse gas (GHG) intensity of Canadian oil sands projects has declined 20% from 2009 levels. The new analysis, using most recent data available, shows trends remaining in line with previous IHS Markit projections that oil sands GHG intensity will decline by at least 16 to 23% by 2030 (to a level 30% below 2009). This is important and it goes beyond just the oil sands.

Wonderful Oil Waste Water Makes Tangerines Not So Cute, But Makes Toxic Resnicks Filthy Rich #JoeTakesOnTheNews

Creative Greenius

climate change environment environmental justice, environmental racism fossil fuels greenwashing News News Media toxic chemicals Truth & Reality water conservation oil waste water Resnick Wonderful Co

2018 127

@LATimes Here’s The For Reals Headline You Should Have Run With Your Article On The Environmental Racists At AllenCo Oil #JoeTakesOnTheNews

Creative Greenius

environment environmental justice, environmental racism fossil fuels News Media toxic chemicals Truth & Reality AllenCo Oil

2018 142

ExxonMobil begins oil production in offshore Guyana; estimated ~6B barrels oil equivalent recoverable in Stabroek Block

Green Car Congress

ExxonMobil has started oil production from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments. Market Background Oil

Electric oil tankers: A slick use of renewable energy?

Green Car Reports

It seems even the oil industry is acknowledging that electric transportation is the future. An electric oil tanker. A group of seven Japanese companies formed the eConsortium to promote electric ships. The consortium's first project?

2020 112

Oleophobic hydrophobic magnetic sponge selectively soaks up oil, sparing water and wildlife

Green Car Congress

A Northwestern Engineering-led team has developed a highly porous smart sponge that selectively soaks up oil in water. With an ability to absorb more than 30 times its weight in oil, the sponge could be used to clean up oil spills inexpensively and efficiently without harming marine life.

2020 88

E&B Oil Propaganda Goes Up in Flames, Burning Climate Wrecking, Oil-loving Sellouts & Sycophants

Creative Greenius

Filed under: environment Tagged: climate wrecking oil loving sellouts & sycophants. environment climate wrecking oil loving sellouts & sycophants If you hate Hermosa Beach, its children, its history and its future then you’ll love the Barbarians’ plans to turn Hermosa into Bakersfield.

2015 133

68% of primary energy imports to US in 2018 was crude oil; 48% of US energy exports were petroleum products

Green Car Congress

The majority (69%) of primary energy imported into the United States in 2018 was crude oil, with petroleum products and natural gas also having significant shares, according to the US Energy Information Administration (EIA). Market Background Oil

2020 96

IHS Markit: 10 MMb/d of oil production cuts coming

Green Car Congress

IHS Markit Crude Oil Markets service expects up to 10 MMb/d of world oil production will be cut or shut-in from April to June 2020 as oil storage fills up and output from financially strapped companies begins to fall. If oil cannot be sold or stored, it cannot be produced. If there is no international agreement to curtail oil production then brutal unadulterated market forces will bring the oil market into balance. Market Background Oil

2020 68

IHS Markit says outlook for crude oil prices strengthens through 2021

Green Car Congress

Oil markets have returned to relatively stable ground with Brent prices within a narrow $40-$45 per barrel range and could conclusively pass the $50 per barrel mark in the second half of 2021, according to Roger Diwan and the IHS Markit Energy Advisory Service. Emerging from the worst of the COVID-19 outbreak, oil markets are now at a delicate pivot point as they transition to phase II of the IHS Markit Three Phases of Oil Markets Recovery.

2020 68

This Is Why You Don’t Take Money From Oil Companies For Your Schools

Creative Greenius

When Chevron, or Phillips 66, or ExxonMobil or E&B oil companies give schools and nonprofits funding money they do it for one reason only. Sold them out to the very oil companies who are destroying their chance of having a decent future. And they will damn sure remember who went along for the ride to get that oil company money. The very environmental health these oil companies are damaging in the very communities where they do their toxic business.

2015 189

ExxonMobil, Georgia Tech and Imperial College London publish joint research on potential breakthrough in membrane technology for oil refining

Green Car Congress

Scientists from ExxonMobil, the Georgia Institute of Technology and Imperial College of London have published in the journal Science joint research on potential breakthroughs in a new membrane technology that could reduce emissions and energy intensity associated with refining crude oil. The fractionation of crude-oil mixtures through distillation is a large-scale, energy-intensive process. Emissions Fuels Materials Oil

2020 87

How crude-oil prices influence gasoline prices

Green Car Congress

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. So how strong, indeed, is the relationship in the United States between crude-oil and gasoline prices? Fuels Market Background Oilby Michael Sivak.

IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

Green Car Congress

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. In the IEA’s central base case, demand this year drops for the first time since 2009 because of the deep contraction in oil consumption in China, and major disruptions to global travel and trade. Market Background Oil

2020 80

IHS Markit: oil price collapse will change trajectory of North American gas supply

Green Car Congress

The trajectory of North American gas supply is set to change radically as a result of the fall in oil prices that has occurred due to COVID-19 and the breakdown in production cooperation between OPEC and Russia, according to IHS Markit. The impact of low oil prices could result in a drop of 8-10 billion cubic feet per day (Bcf/d) in associated gas volumes by the end of 2021. Associated gas is regular natural gas that is produced together with oil out of the same well.

2020 74

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

Green Car Congress

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 first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on crude oil quality and on refining industry. In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. Source: Eni World Oil Review 2019.

2019 64

Oil prices could double by 2020, boosting electric car sales

Green Car Reports

Despite short term peaks and valleys, and a recent agreement by OPEC to ease production restrictions, the overall trend in oil prices is on the rise. That's the conclusion of Bernstein research, an investment research company, which forecast last week that oil could hit $150 a barrel by 2020, just a couple of years from now, according to an.

2018 82

Upcycling polyethylene plastic waste into lubricant oils

Green Car Congress

Researchers in the US have developed a catalytic upcycling process using platinum nanoparticles supported on perovskites to convert single-use polyethylene (PE) (such as grocery bags) into value-added high-quality liquid products (such as motor oils and waxes). These liquids could be used as motor oil, lubricants or waxes, or further processed to make ingredients for detergents and cosmetics. Catalysts Lubricating Oils Plastics Recycling

2019 60

IHS Markit: small long-term change for Canadian oil sands despite COVID-19 Shock & largest annual production decline in 2020

Green Car Congress

Canadian oil sands production is expected to decline by nearly 175,000 barrels per day (b/d) in 2020 as a result of COVID-19—the largest annual decline on record. However, the longer-term trajectory of oil sands production is expected to change little compared to pre-pandemic projections, according to a new 10-year forecast by IHS Markit. Forecasts Market Background Oil sands

2020 64

Oil analysts predict peak consumption in 2036

Green Car Reports

Most people buy electric cars to reduce oil consumption, but oil companies keep selling more oil every year. Now, a new study by oil industry consultancy Wood Mackenzie predicts that the demand for oil will start to decline as early as 2036, when autonomous cars become more popular. That forecast comes much earlier than many big oil companies. peak oil self-driving cars

2018 54

BNL team uses nc-AFM to find sulfur and nitrogen atoms in crude oil molecules

Green Car Congress

Researchers from the Center for Functional Nanomaterials at Brookhaven National Laboratory and users from ExxonMobil have developed a new approach to identifying atoms that are neither carbon nor hydrogen within a specific type of molecule in crude oil. Emissions Fuels Oil

2019 93

Study suggests microbe produces methane from crude oil all by itself

Green Car Congress

Crude oil and gas naturally escape from the seabed in many places known as seeps. This microbe, an archaeon named Methanoliparia , transforms the hydrocarbons by a process called alkane disproportionation: it splits the oil into methane (CH 4) and carbon dioxide (CO 2 ). Epifluorescence microscopy picture of Methanoliparia-cells attached to a droplet of oil. (© Max Planck Institute for Marine Microbiology). Microscopy shows that Methanoliparia cells attach to oil droplets.

2019 93

The Fed Is Driving Down Oil Prices

Green Car Congress

dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world. dollar is one important variable influencing oil prices. The IEA said last week that oil demand is set to grow by 1.4

ExxonMobil discovers more oil offshore Guyana at Mako-1 well on the Stabroek Block

Green Car Congress

ExxonMobil announced an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15 th discovery on the Stabroek Block. Mako-1 encountered approximately 164 feet (50 meters) of a high-quality oil bearing sandstone reservoir.

The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. International oil companies (IOCs) are likely to face a Black Swan scenario, which could end up being a boon for state-owned oil companies (NOCs). Lower oil supply will push up prices if demand continues to grow.

2019 80

IEA: Petrochemicals set to be the largest driver of world oil demand

Green Car Congress

Petrochemicals are rapidly becoming the largest driver of global oil demand. Petrochemicals are set to account for more than a third of the growth in world oil demand to 2030, and nearly half the growth to 2050, adding nearly 7 million barrels of oil a day by then.

2018 121

BASF develops engineering plastic with optimized sliding friction properties; for automotive parts in contact with hot oil

Green Car Congress

BASF is launching an engineering plastic that is particularly suited for automotive parts that come into contact with hot oil. The new polyethersulfone (PESU) Ultrason E0510 C2TR shows very good tribological properties, high oil resistance and excellent dimensional stability also with broad ranges of temperature fluctuations. The new polyethersulfone (PESU) Ultrason E0510 C2TR is particularly suited for automotive parts that come into contact with hot oil.

2020 68

Shell producing base oil from natural gas for motor oils

Green Car Congress

Shell PurePlus Technology is now being used to create motor oils for motorists in the United States. Pennzoil Platinum and Pennzoil Ultra Platinum Full Synthetic motor oils are the only ones blended exclusively with these GTL base oils. Shell PurePlus Technology base oil is manufactured at the Pearl GTL facility in Ras Laffan in Qatar, a partnership between Qatar Petroleum and Shell. Richard Dixon, Shell North America Motor Oil Technology Manager.

2014 96

DOE to award up to $88M for oil and natural gas recovery research

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The Department of Energy’s (DOE’s) Office of Fossil Energy announced up to $88 million in federal funding for cost-shared research and development projects enhancing technologies for oil and natural gas recovery under two separate funding opportunity announcements (FOAs). According to the US Energy Information Administration (EIA), proved reserves of US crude oil and natural gas reached record highs in 2017, topping previous records at 39.2 of total US oil production (7.9

2019 100

Refineries in the Americas produce a greater share of gasoline per barrel of crude oil than refineries in other world regions

Green Car Congress

The International Energy Agency’s Monthly Oil Statistics shows that there are differences in refinery output throughout the world. Source: International Energy Agency, Monthly Oil Statistics, February 2020, Paris, France., Fuels Market Background OilWhen processing petroleum, refineries can produce products in varying amounts to meet regional demands.

2020 73

Oil in ground may be worth less, Exxon concedes, unhappily

Green Car Reports

As low oil prices remain steady, many oil companies have been forced to write down the value of their reserves. It's something oil giant ExxonMobil has resisted, even as its revenues have dropped. billion barrels of oil-sand reserves, and 1 billion barrels of other North American oil. oil Exxon fossil fuelsBut the company is now expected to reassess the value of 3.6

2016 82

Bank of America: Oil Demand Growth to Hit Zero Within a Decade, EVs the Culprit

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By 2030, oil demand could hit a peak and then enter decline, according to a new report. For the next decade or so, oil demand should continue to grow, although at a slower and slower rate. According to Bank of America Merrill Lynch, the annual increase in global oil consumption slows dramatically in the years ahead. That would alter oil demand forecasts, but in complicated ways. All of that implies a peak in oil demand by 2030, a little over a decade from now.

2019 100

Production of crude oil as a percentage of proved reserves: Recent worldwide and U.S. trends

Green Car Congress

In this analysis, I examined the relation between crude-oil production and crude-oil reserves in the world and in the United States. The variable of interest was the amount of crude oil produced as a percentage of proved reserves of crude oil. The raw data for this study were proved reserves of crude oil (obtained from Oak Ridge National Laboratory ), and annual crude-oil production (calculated from the information in the same source). by Michael Sivak.

2019 82

Plastic Propaganda Proven Phony, Oil Red Coats Still Willing To Sell Out Their Neighbors

Creative Greenius

Happily covering themselves in toxic waste, E&B Oil Drillers and their paid mercenaries in Hermosa Beach have been trying to float a b t story about a world made of plastic dependent on oil for its every need. . Without Oil A Day At The Beach Wouldn’t Be Much Fun. environment Climate wrecking oil loving bastards Keep Hermosa Hermosa Vote No on O

2015 126

Huge Backlog Could Trigger New Wave Of Shale Oil

Green Car Congress

The latest crash in oil prices once again raises this prospect. On the one hand, lower oil prices – despite the recent rebound, prices are still down sharply from a few months ago – can cause some E&Ps to want to hold off on drilling new wells. The lower oil price raises some questions about whether you go ahead with completing these wells,” Tom Petrie, head of oil and gas investment bank Petrie Partners, told S&P Global Platts. Market Background Oil

2019 81

Oil Prices Ravaged By Financial Turmoil

Green Car Congress

Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market. A rebound for the greenback led to a steep decline in oil prices on Friday. At the same time, sudden turmoil in the broader financial system also bled over into the oil market. The stock market and interest rates can really affect oil a lot,” Mark Waggoner, president of Excel Futures, told The Wall Street Journal. “It’s Market Background Oil

Transmission Losses: Shell tries to halt North Sea oil spill

Plugs and Cars

" An oil spill in the North Sea is estimated to amount to several hundred tonnes, making it the biggest such leak in more than a decade, according to UK Government figures." ". shell oil oil spill Big Oilthe energy firm is still trying to "completely halt" any further leakage." Source: The Independent ].

Oil 100

U Delaware team synthesizes base oils at high yields from biomass

Green Car Congress

Lubricants—a more than $146-billion market serving numerous applications, automotive among them—are produced from base oils derived from petroleum mineral oils (mineral base oil) or synthetic oils such as poly-?-olefins olefins (PAOs) (synthetic base oil). There is increasing need for development of improved energy-efficiency, high performance, durable, and environmentally-acceptable base oils that operate under extreme environmental conditions.

EIA: Permian region expected to drive US crude oil production growth through 2019

Green Car Congress

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. Market Background Oil

2018 105

The New Oil Cartel Threatening OPEC

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When reports emerged that India and China are in talks about forming an oil buyers’ club , OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. oil and gas production gives us greater leverage against OPEC,” the Times of India quoted an Indian official as saying last month after the formal start of said talks. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market.

2018 65