Green Car Congress

APRIL 25, 2013

The US Department of the Interior will offer more than 21 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area. Lease Sale 233 will include 3,953 blocks, covering about 21.1

Oil 240

Oil Texas Obama Gas 240

Green Car Congress

NOVEMBER 15, 2013

The latest monthly update of estimated crude oil production in the Bakken region of North Dakota and Montana shows total wellhead output topping 1 million barrels of oil per day (bbl/d) next month. The update appears in the most recent issue of the US Energy Information Administration’s Drilling Productivity Report (DPR).

Oil 270

Oil North Dakota Production Montana 270

CleanTechnica EVs

AUGUST 19, 2024

The Texas startup Group1 is banking that the EV battery of the future will deploy potassium to cut costs and improve performance. The post Texas EV Battery Startup Aims To Break Texas Oil Industry appeared first on CleanTechnica.

Texas 144

Texas Oil Industrial Industry 144

Green Car Congress

NOVEMBER 7, 2014

The shale revolution’s sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play’s economics. A major factor in this growth has been an uptick in horizontal drilling in the Permian Basin, Texas’ revived giant, where the rig count was up 21% year-on-year.

Oil 261

Oil Oil Prices Texas United States 261

Green Car Congress

DECEMBER 5, 2014

The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. As is the nature of the junk-bond market, lots of money flowed to companies with much riskier drilling prospects than, say, the oil majors. The situation will compound itself if oil prices stay low.

Oil Prices 270

Oil Prices Oil Price North Dakota 270

Green Car Congress

OCTOBER 23, 2014

The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. There are now 1,590 active oil rigs, the lowest level in six weeks. 17, compared to the prior week.

Oil Prices 247

Oil Prices Oil Saudi Arabia Oil-Sands 247

Green Car Congress

DECEMBER 31, 2022

In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). In 2021, Texas’s annual crude oil and lease condensate proved reserves increased by 12% (1.9

Oil 259

Oil Gas Alaska New Mexico 259

Green Car Congress

MAY 22, 2019

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.

Oil Prices 330

Oil Prices Gasoline-Electric Gasoline Oil 330

Green Car Congress

NOVEMBER 14, 2014

With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending. Oil prices have dropped around 30 percent since summer highs, raising fears among producers across the globe. Yet, many oil majors are relatively diversified, with large holdings downstream.

Oil Prices 268

Oil Prices Oil Price Chevron 268

Green Car Congress

JUNE 16, 2021

In the June Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI). million b/d in 2022.

Oil 243

Oil Global Price Production 243

Green Car Congress

JULY 23, 2012

The US Bureau of Ocean Energy Management (BOEM) will offer more than 20 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area. Earlier post.) Earlier post.)

Oil 225

Oil Texas Available Gas 225

Green Car Congress

OCTOBER 26, 2012

Beaudreau released the final details for an oil and gas lease sale that will offer more than 20 million acres offshore and will make available all unleased areas in the Western Gulf of Mexico Planning Area. Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Earlier post.).

Oil 236

Oil Gas Obama Mexico 236

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.

2019 236

2019 Oil Production 2018 236

Green Car Congress

MARCH 19, 2013

North Dakota crude oil production (including lease condensate) averaged an all-time high of 770,000 barrels per day in December 2012, according to the US Energy Information Administration (EIA). Much of crude oil production in North Dakota is gathered and transported by truck to railcars leaving the state. Source: EIA.

North Dakota 268

North Dakota 2012 Oil Transportation 268

Green Car Congress

MAY 30, 2018

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. for a 10-day lag.

Oil Prices 220

Oil Prices Gasoline Oil Price 220

Green Car Congress

NOVEMBER 26, 2015

Crude oil just capped off a third straight week of declines, as WTI nears the $40 per barrel threshold. Goldman Sachs is once again raising the possibility of oil dipping into the $20s per barrel. Still, upstream E&P companies are also being substantially squeezed by another plunge in oil prices. According to Graves & Co.,

Texas 150

Texas Oil Oil Prices Mexico 150

Green Car Congress

JULY 24, 2012

Researchers at the Goodyear Tire & Rubber Company have found in their tests that using soybean oil in tires can potentially increase tread life by 10% and reduce the tiremaker’s use of petroleum-based oil by up to seven million gallons each year.

Oil 231

Oil Oklahoma Michigan Texas 231

Green Car Congress

FEBRUARY 14, 2013

According to an analysis by the US Energy Information Administration (EIA), planned additions over the next two years to the US crude oil pipeline infrastructure should relieve the bottleneck at Cushing, Oklahoma which has been caused by the oversupply of oil resulting from the growth of crude oil production in the US mid-continent and Canada.

Oil 220

Oil Illinois Texas Canada 220

Green Car Congress

MARCH 31, 2014

Five states (Texas, North Dakota, California, Alaska, and Oklahoma) and the Gulf of Mexico supplied more than 80%, or 6 million barrels per day, of the crude oil (including lease condensate) produced in the United States in 2013, according to the US Energy Information Administration (EIA). Click to enlarge. million barrels per day.

North Dakota 220

North Dakota Mexico Oil Oklahoma 220

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%

Mexico 259

Mexico 2008 Oil Production 259

Green Car Congress

NOVEMBER 16, 2016

The Wolfcamp shale in the Midland Basin portion of Texas’ Permian Basin province contains an estimated mean of 20 billion barrels of oil, 16 trillion cubic feet of associated natural gas, and 1.6 This estimate is for continuous (unconventional) oil, and consists of undiscovered, technically recoverable resources.

Oil 150

Oil Texas United States Delaware 150

Green Car Congress

FEBRUARY 25, 2022

Electrofuels innovator Infinium ( earlier post ) has entered into a strategic alliance with US independent energy company Denbury to collaborate on developing ultra-low carbon electrofuels projects in the state of Texas. MMBOE of estimated proved oil and natural gas reserves as of 31 December 2020, of which 98% is oil.

Carbon 273

Carbon Texas Conversion Oil 273

Green Car Congress

APRIL 8, 2020

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. Associated gas is regular natural gas that is produced together with oil out of the same well.

Oil Prices 210

Oil Prices Oil Gas Supplies 210

Green Car Congress

MAY 12, 2014

Biosynthetic Technologies , with support from the United Soybean Board (USB), recently received American Petroleum Institute (API) certification on two motor oil formulations (5W-20 and 5W-30) that contain a synthetic ester made from high oleic soybean oil. Petroleum synthetic oils typically score between 6.0

Oil 210

Oil Motor Motors Motoring 210

Green Car Congress

AUGUST 25, 2020

Iowa was the lead producer with 365 million gallons (19%), followed by Texas and Missouri with 227 and 216 million gallons, respectively. Biodiesel has similar fuel properties to petroleum diesel but is manufactured from vegetable oils, animal fats, or recycled restaurant grease. A total of 1.9

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2018 Montana Missouri Iowa 397

Green Car Congress

SEPTEMBER 1, 2012

Oil squeezing out from microalga. Collaborators include Dr. Tim Devarenne from the Department of Biochemistry and Biophysics at Texas A&M, Dr. David Stern from the Boyce Thompson Institute for Plant Research, Dr. Jefferson Tester from Cornell University and Dr. Tzachi Samocha from Texas A&M-Corpus Christi. Click to enlarge.

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Texas Oil Universal Convert 236

Green Car Congress

MARCH 27, 2012

The expansion of the reversed Seaway Pipeline will more than double its capacity to 850,000 barrels per day (bpd) by mid-2014 and transport oil originating in the Canadian oil sands and the US Bakken shale from Cushing, Oklahoma to the US Gulf Coast at Houston, with an extension to Port Arthur/Beaumont. Enbridge Inc. Earlier post.)

Oil 275

Oil Oil-Sands Oklahoma Houston 275

Green Car Congress

FEBRUARY 1, 2021

Darling and Valero jointly announced that their 50/50 joint venture, Diamond Green Diesel (DGD), has received approval from both companies’ Boards of Directors to proceed with the construction of the renewable diesel production facility to be located at Valero’s Port Arthur, Texas refinery. billion pounds of used cooking oil annually.

Diesel 397

Diesel Renewable Green San Antonio 397

Green Car Congress

JANUARY 30, 2016

Shell Oil Company has signed an agreement with Ryder System for 15 liquefied natural gas (LNG) heavy-duty vehicles supporting oil and gas logistics operations in Lafayette, La. and Houston, Texas. Ryder Dedicated Transportation Solutions has more than 200 customers in the oil and gas sector. service locations.

Louisiana 150

Louisiana Texas Oil Diesel 150

Green Car Congress

DECEMBER 4, 2014

US crude oil proved reserves increased for the fifth year in a row in 2013, a net addition of 3.1 billion barrels of proved oil reserves (a 9% increase) according to US Crude Oil and Natural Gas Proved Reserves, 2013 , released today by the US Energy Information Administration (EIA). Combined, these two states added 21.8

Oil 199

Oil West Virginia Mexico North Dakota 199

Green Car Congress

JANUARY 13, 2022

million to establish new geothermal energy and heat production from abandoned oil and gas wells. This work also supports the creation of new clean energy jobs, helping transition some of the oil and gas workforce to the production of renewable energy. The US Department of Energy (DOE) selected four new projects to receive up to $8.4

Oil 199

Oil Oklahoma Gas Houston 199

Green Car Congress

JUNE 25, 2014

GE Oil & Gas has received an order for the offshore oil and gas industry’s first 20,000-psi (20-ksi)-rated deepwater blowout preventer (BOP) stack and riser systems from Maersk Drilling. It was the failure of the BOP stack on the Macondo well that enabled the massive oil release from the Deepwater Horizon disaster.

Oil 210

Oil Gas Maintenance Houston 210

Green Car Congress

JUNE 13, 2012

Oil remains the world’s leading fuel, but its 33.1% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The fossil fuel mix continues to change with oil, the world’s leading fuel at 33.1%

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

SEPTEMBER 9, 2016

Apache Corporation has confirmed the discovery of a significant new resource play—the “Alpine High”—in the southern portion of the Delaware Basin, primarily in Reeves County, Texas. Apache also sees significant oil potential in the shallower Pennsylvanian, Bone Springs and Wolfcamp formations.

Oil 150

Oil Texas Gas Delaware 150

CleanTechnica EVs

MAY 7, 2024

The Texas-based solid-state EV battery innovator Solidion plans on accelerating the vehicle electrification movement with new materials and a radical new battery architecture. The post Texas-Based Solid-State EV Battery Startup Lays Out Oil-Killing Plans appeared first on CleanTechnica.

Texas 124

Texas Oil Battery Batteries 124

Green Car Congress

APRIL 27, 2017

Crude oil production in the US Permian Basin is expected to increase to an estimated 2.4 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. million b/d) in that month. million b/d) in that month.

Oil 170

Oil Production New Mexico Oil Prices 170

Green Car Congress

MARCH 18, 2015

Texas is famous the world over for two things on a massive scale: oil and droughts. Now the slick but dry state is becoming famous for water: that precious element that both resolves the drought problem and also makes it possible to pump more oil out of the ground. by James Stafford of Oilprice.com.

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Water Texas Oil Mexico 150