This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.). —Dr.
Japan’s Ministry of Economy, Trade and Industry (METI) will begin test drilling for oil and natural gas in the Sea of Japan off the coast of Niigata Prefecture in April 2013. METI hopes to discover Japan’s largest reserves of these resources—possibly the size of intermediate oil fields in the Middle East, according to METI.
General Electric will build a new Global Research Center in Oklahoma dedicated to driving innovation and technological advancements in the oil and gas sector and bringing products to market faster. Unconventional resources, and shale gas in particular, may be one of the biggest productivity drivers of our lifetime.
Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018. —Spencer Welch.
Shell Oil Company is now producing oil from what it says is the world’s deepest subsea well at its Perdido Development. From Perdido, Shell accesses the Great White, Tobago, and Silvertip oil and gas fields through subsea wells directly below the facility and from wells up to seven miles away. Earlier post.)
Flows through the Strait in 2011 were roughly 35 percent of all seaborne traded oil, or almost 20 percent of oil traded worldwide. ”. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million bbl/d in 2009-2010. —US EIA. Source: EIA. Click to enlarge.
Through the swap, BASF aims to further expand its production of oil and gas via its wholly owned subsidiary Wintershall —Germany’s largest internationally active crude oil and natural gas producer—and to exit the gas trading and storage business. billion barrel of oil equivalent.
The US Environmental Protection Agency (EPA) has released the national greenhouse gas inventory, which finds that overall emissions during 2007 increased by 1.4% Total emissions of the six main greenhouse gases in 2007 were equivalent to 7,150 Tg of carbon dioxide. percent from 1990 to 2007. from the previous year.
Secretary of the Interior Ken Salazar announced that the Central Gulf of Mexico oil and gas lease sale attracted $1,704,500,995 in high bids for tracts on the US outer continental shelf offshore Louisiana, Mississippi and Alabama. billion barrels of oil and 3.3 trillion cubic feet of natural gas.
Neste Oil has successfully started up Europe’s largest renewable diesel plant in Rotterdam in the Netherlands. The Rotterdam plant has a capacity of 800,000 t/a and will increase Neste Oil’s total renewable diesel capacity to 2 million t/a. The plant was completed on-schedule and on-budget.
Begun in December 2007, development of the Pazflor oil field 150 kilometers (93 miles) offshore Angola is one of the biggest projects currently operated by Total. A number of technological challenges—including subsea gas/liquid separation, a first—are being met to bring the field on stream. Pazflor SSU.
The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.
Neste Oil plans to use yeast and fungi to convert waste into oil for NExBTL feedstock. Neste Oil has completed the first phase of its project to build a pilot plant for producing microbial oil for use as a feedstock for NExBTL renewable diesel. Click to enlarge. Construction of the plant is on-schedule and on-budget.
The UK government’s Department of Energy and Climate Change (DECC) approved the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field. The average production is estimated at around 55,000 barrels of oil per day over the plateau period from 2017 to 2020. Location of the Mariner field.
The discovery of an additional 2-3 trillion cubic feet (Tcf) of natural gas in place in the Mronge-1 well brings the total of in-place volumes up to 17-20 Tcf in Block 2. (1 1 Tcf gas = 180 million barrels of oil equivalent.). The Mronge-1 well discovered gas at two separate levels.
Lease Sale 216/222 is the last remaining sale scheduled in the 2007 – 2012 Outer Continental Shelf Oil and Natural Gas Leasing Program. The Proposed 2012-2017 Outer Continental Shelf (OCS) Oil and Gas Leasing Program schedules 12 lease sales in the Gulf of Mexico.
BP announced a giant oil discovery at its Tiber Prospect in the deepwater Gulf of Mexico (GOM). The Tiber well was drilled to a total depth of approximately 35,055 feet (10,685 metres) making it one of the deepest wells ever drilled by the oil and gas industry. The well found oil in multiple Lower Tertiary reservoirs.
The Obama Administration will expand oil and gas development and exploration on the US Outer Continental Shelf, while protecting fisheries, tourism, and places off US coasts that it says are not appropriate for development. To fail to recognize this reality would be a mistake. Secretary Salazar.
Crude palm oil is one of the more than ten renewable raw materials that Neste uses to produce a range of renewable products, including renewable diesel. Palm oil represents approximately 20% of Neste’s renewable raw material usage annually. Increased pressure is created as the belt passes over rollers which decrease in diameter.
Under van Wijk’s concept, a plant would produce methanol from natural gas on the North Slope using the proposed GigaMethanol technology. Under van Wijk’s concept, a plant would produce methanol from natural gas on the North Slope using the proposed GigaMethanol technology. If the entire daily output of North Slope gas (4.5
Statoil reports another high-impact gas discovery offshore Tanzania; the discovery in the Piri prospect is Statoil’s and co-venturer ExxonMobil’s sixth discovery and the fifth high-impact discovery in Block 2 offshore Tanzania. 1 Tcf = 180 million barrels of oil equivalent). 1 Tcf = 180 million barrels of oil equivalent).
A new study released by Global Forest Watch Canada finds that significant amounts of greenhouse gases are emitted through the disturbance and/or removal of biocarbon (trees, shrubs, peats), which overlay Alberta’s oil sands. megatonnes of CO 2 will substantially raise the normally-reported emissions from the oils sands industry activities.
These were the highest October deliveries since 2007. Unemployment went down last month and gas prices remain relatively low benefiting American businesses and workers. US crude oil production in October remained strong and above 9.0 Domestic crude oil production increased 7.0% Domestic crude oil production increased 7.0%
EIA’s AEO2012 projects a continued decline in US imports of liquid fuels due to increased production of gas liquids and biofuels and greater fuel efficiency. EIA added a premium to the capital cost of CO 2 -intensive technologies to reflect current market behavior regarding possible future policies to mitigate greenhouse gas emissions.
Replacement of up to 90% (270 Mt) of the total global consumption of plastics in 2007 with bio-based plastics is ultimately technically possible, according to new study by authors at Utrecht University, commissioned by the associations European Bioplastics and the European Polysaccharide Network of Excellence (EPNOE). Mt in 2007 to 2.33
An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8
Neste Oil has started up the world’s largest renewable diesel plant in Singapore. The plant was completed on-schedule and on-budget and marks a major step forward in Neste Oil’s clean traffic fuel strategy. NExBTL enables a 40-80% reduction in greenhouse gas emissions to be achieved compared to fossil diesel.
Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.
Natural gas production in North Dakota has more than doubled since 2005, largely due to associated natural gas from the growing oil production in the Bakken shale formation. Gas production averaged more than 485 million cubic feet per day (MMcfd) in September 2011, compared to the 2005 average of about 160 MMcfd.
Researchers at the University of Regina, Saskatchewan are proposing a new enhanced heavy oil recovery (EHOR) process: Cyclic Production with Continuous Solvent Injection (CPCSI). A paper on their work is published in the journal Fuel ; the team had earlier presented their work at 2013 SPE Heavy Oil Conference in Calgary in June.
Neste Oil has applied for patents to cover technology developed to produce microbial oil from waste and residues with the help of various yeasts and molds for use as a feedstock for its NExBTL renewable diesel. Microbial oil produced in this way has already been successfully refined into NExBTL renewable diesel. Earlier post.).
The first peer-reviewed study to directly quantify how emissions from oil and natural gas (O&NG) activities influence summertime tropospheric ozone (O 3 ) pollution in the Colorado Front Range confirms that chemical vapors from oil and gas activities are a significant contributor to the region’s chronic ozone problem.
Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT.
Map of the assessment units (AUs) of the CARA is color-coded for mean estimated undiscovered oil. The US Geological Survey (USGS) has completed a geologically-based assessment of the oil and gas resource potential of the Arctic, the Circum-Arctic Resource Appraisal (CARA). Black lines indicate AU boundaries. Source: USGS CARA.
A team from Iowa State University and ConocoPhillips, Biofuels R&D performed a techno-economic study examining the fast pyrolysis of corn stover to bio-oil with subsequent upgrading of the bio-oil to naphtha and diesel range fuels. In 2007, ConocoPhillips established an eight-year, $22.5-million per gge ($1.73 per liter).
Consumer demand for gasoline has not recovered from 2007 highs. Imports of crude oil and refined products fell in January by 14% to average 10.1 Crude oil production rose 3.8% The number of oil and gas rigs remained flat from December 2011 levels, according to the latest reports from Baker-Hughes Inc.
Consider this fair and legal warning, world’s largest and most polluting oil company - I’m giving you 10 years to pack up and hit the road. He makes his living off cars that run out of gas or break down because of the inadequacies of the internal combustion gasoline powered engine. They’ve got other priorities.
Dynamic Fuels will use Syntroleum’s Bio-Synfining process to hydrotreat the used cooking oil to produce renewable jet. The biofuel will be produced from used cooking oil by Dynamic Fuels at its Geismar plant and supplied by SkyNRG, the consortium launched by KLM and North Sea Group and Spring Associates in 2009. Click to enlarge.
The US State Department has issued a Presidential Permit to Enbridge Energy, Limited Partnership to enable construction of the Alberta Clipper pipeline for the transport of crude oil from the Canadian oil sands to US refineries. This week, the RFA happened to issue two pieces, each touching on the impact of oil sands production.
South African energy and chemicals group Sasol today announced that it has chosen the southwestern region of the State of Louisiana as the site for a planned gas-to-liquids (GTL) facility. billion barrels of liquid fuels and chemicals from coal and natural gas. —Gas to Liquids Life Cycle Assessment Synthesis Report.
Under the terms of the agreements to be executed at closing providing for the formation of the Joint Venture, Penn West will contribute the oil sands assets, valued at approximately C$1.8 Headquartered in Beijing, CIC was founded in September 2007, as a wholly state-owned company incorporated in accordance with China’s Company Law.
Assembly Bill 118 (Núñez, Chapter 750, Statutes of 2007) created the California Energy Commission’s Alternative and Renewable Fuel and Vehicle Technology Program. In 2007 the company developed Mission One, a high performance electric motorcycle. Natural gas-powered vehicle fueling. Natural gas will displace 1.5
Pending confirmation through future appraisal drilling, the total hydrocarbons initially in place in the Mad Dog field complex are now estimated to be up to four billion barrels of oil equivalent. interest, Chevron Corporation, through its subsidiary Union Oil Company of California, has a 15.6% BHP Billiton has a 23.9%
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content