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

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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. by Cyril Widdershoven for Oilprice.com.

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Study estimates fuel economy improvements to US light-duty vehicles from 1975–2018 saved 2T gallons of fuel, 17B tons of CO2

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A team from the University of Tennessee and the National Renewable Energy Laboratory (NREL) has the fuel savings due to fuel economy improvements over the past 43 years amount to approximately two trillion gallons of gasoline. gasoline demand would have put upward pressure on world oil prices.

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ExxonMobil seeking to boost growth, continue work on lower-emissions technologies including biofuels and carbon capture

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ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. billion barrels of discovered recoverable resource.

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Australian techno-economic analysis of renewable aviation fuels identifies research priorities to lower the high costs

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The authors presented three process models for production of renewable aviation fuel from microalgae, Pongamia pinnata seeds and sugarcane molasses to produce a minimum selling price for aviation biofuel. Pongamia pinnata is a legume tree which produces a seed rich in oil.) million project. Klein-Marcuschamer, D., Dietzgen, R.

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New UC Davis market-based sustainability forecasting approach concludes supplanting gasoline and diesel with renewable fuels could take 131 years

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At the current pace of research and development, replacing gasoline and diesel with renewable fuel alternatives could take some 131 years, according to a new University of California, Davis, study using a new sustainability forecasting approach based on market expectations. The forecast was published online 8 Nov.

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NTU Singapore to develop technologies to extract hydrogen from liquid organic hydrogen carriers

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Liquid organic hydrogen carriers are flexible media for the storage and transportation of renewable energy. This collaboration comes at a timely moment, on the back of rising oil prices. NTU researchers will work closely with our partners to develop better catalysts, and more efficient reactors for extracting hydrogen.

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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

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In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

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