Green Car Congress
MARCH 10, 2010
World crude oil production model. Scientists from Kuwait University and Kuwait Oil Company are forecasting that world conventional crude oil production will peak in 2014—almost a decade earlier than some other predictions. The model has since gained in popularity and has been used to forecast oil production worldwide.
Green Car Congress
SEPTEMBER 2, 2009
BP announced a giant oil discovery at its Tiber Prospect in the deepwater Gulf of Mexico (GOM). BP is currently appraising its deepwater GOM 2006 Kaskida discovery, also projected to contain more than 3 billion barrels in place. The well found oil in multiple Lower Tertiary reservoirs. BP advances in drilling depth and reach.
Green Car Congress
NOVEMBER 28, 2013
Neste Oil is the first company to be awarded an RSPO-RED Supply Chain certificate under the Roundtable on Sustainable Palm Oil’s (RSPO) new, more demanding certification system. The certificate covers the production of NExBTL renewable diesel at Neste Oil’s refineries in Porvoo, Rotterdam, and Singapore.
Green Car Congress
JANUARY 16, 2012
United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012. —Ronyld W.
Green Car Congress
APRIL 2, 2017
Notwithstanding that oil demand has increased for over 150 years, it will eventually stop increasing. If oil demand were to reach an actual peak, then the top might be easier to predict. EIA data shows that 35 countries in all have already reached and descended from maximum oil demand. by Dwayne Purvis for Oilprice.com.
Green Car Reports
DECEMBER 21, 2010
Even if you may not have heard of the Peak Oil theory, everyone knows that we'll continue to use more and more gasoline in years to come. At least, that's the conclusion of both industry analysts and the oil companies themselves. gasoline consumption to date was 2006, when we collectively. Well, errrrr, no.
Green Car Congress
JANUARY 4, 2012
Maersk Oil and other partners declared the Azul-1 deepwater exploration well, located in Block 23 in the Kwanza Basin, a discovery well. The condition of the well prevented an assessment of flow capacity by a conventional test; this was performed as a mini-Drill Stem Test that enabled the recovery of two good quality oil samples.
Expert insights. Personalized for you.
278 
Let's personalize your content