2010, Energy, Oil and Products

EIA expects US petroleum trade to shift toward net imports during 2022

Green Car Congress

FEBRUARY 20, 2022

In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA). million b/d. million b/d in 2023.

United States

United States Oil 2020 International

EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

Green Car Congress

JULY 25, 2013

World energy consumption by fuel type, 2010-2040. The US Energy Information Administration’s (EIA’s) International Energy Outlook 2013 (IEO2013) projects that world energy consumption will grow by 56% between 2010 and 2040, from 524 quadrillion British thermal units (Btu) to 820 quadrillion Btu.

2010

2010 Transportation Fuel Energy

ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

Green Car Congress

FEBRUARY 9, 2018

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. ExxonMobil’s reserves life at current production rates is 14 years. billion gross oil-equivalent barrels prior to the 2018 Ranger discovery. Resource Base.

2017

2017 Papua New Guinea Oil Guyana

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

APRIL 21, 2022

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel? —Baker Institute report Need Nickel?

China

China Energy Indonesia Power Grid

MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011

Green Car Congress

JULY 17, 2012

Knittel/Smith results for implied gasoline price effects from elimination of ethanol for 2010 using Du/Hayes model and pooled-sample estimates. in 2010 and 2011, respectively. in 2010 and 2011, respectively. t margin for oil refiners. t margin for oil refiners. Source: Knittel and Smith (2012). Click to enlarge.

Davis

Davis MIT Gasoline 2010

Average carbon intensity of oil sands production has dropped ~36% in last 40 years; still 12-24% higher than conventional oil CI

Green Car Congress

NOVEMBER 21, 2013

In situ production began in 1974, so no value is computable for 1970. The carbon intensity (CI) of Alberta oil sands production has significantly decreased over the last 40 years, according to a new study by a team from Stanford University published as an open access paper in the journal Environmental Research Letters.

Oil-Sands

Oil-Sands Oil Carbon Production

PBF considering $550M investment to convert idled refinery unit to renewable diesel production

Green Car Congress

JUNE 25, 2021

Louisiana Governor John Bel Edwards and PBF Chalmette Refinery Manager Steven Krynski announced that the company is studying the possible conversion of an idled refinery unit into a renewable diesel production complex. and is capable of processing both light and heavy crude oil. PBF has funded more than $355.5

Renewable

Renewable Diesel Louisiana Convert

U Calgary study finds oil shale most energy intensive upgraded fuel followed by in-situ-produced bitumen from oil sands

Green Car Congress

JULY 10, 2015

A team at the University of Calgary (Canada) has compared the energy intensities and lifecycle GHG emissions of unconventional oils (oil sands and oil shale) alongside shale gas, coal, lignite, wood and conventional oil and gas. This is not the same as crude oil occurring naturally in shales, as in the Bakken.

Oil-Sands

Oil-Sands Oil Energy Fuel

T&E study claims EU’s biofuels policy has wiped out forests the size of the Netherlands

Green Car Congress

JULY 6, 2021

Europe’s demand for biodiesel for cars and trucks has likely wiped out forests the size of the Netherlands since the introduction of the EU’s green fuels law in 2010, according to a new study by Transport & Environment (T&E). Europe has burned around 39 million tonnes of palm and soy biodiesel alone in its cars and trucks since 2010.

Netherlands

Netherlands Oil South America 2010

Ricardo study suggests global oil demand may peak before 2020, falling to below 2010 levels by 2035

Green Car Congress

NOVEMBER 7, 2011

Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. The world is nearing a paradigm shift in oil demand. Lindemer LLC.

Oil

Oil 2010 2020 Global

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

AUGUST 31, 2011

World ethanol and biodiesel production, 1975-2010. Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. —Alexander Ochs, Director of Worldwatch’s Climate and Energy Program.

2010

2010 Brazil Global Argentina

California ARB holding public workshop for review of OPGEE crude oil production lifecycle assessment model

Green Car Congress

JUNE 29, 2012

The California Air Resources Board (ARB) is holding a public workshop on 12 July 2012 to discuss the lifecycle assessment of crude oil production within the Low Carbon Fuel Standard (LCFS) regulation. Draft Version A of the Oil Production Greenhouse Gas Emissions Estimator (OPGEE), supporting documentation for the model (by Hassan M.

Oil

Oil California Production Carbon

EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

Green Car Congress

MAY 11, 2020

US energy-related CO 2 emissions declined by 2.8% in 2019 to 5,130 million metric tons (MMmt), according to data in the US Energy Information Administration’s (EIA) Monthly Energy Review. in 2019, and gross domestic product, which increased by 2.3% in 2019, and gross domestic product, which increased by 2.3%

2019

2019 CO2 Energy 2017

Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

Green Car Congress

SEPTEMBER 20, 2011

Global energy intensity, 1981-2010. Between 1981 and 2010, global energy intensity decreased by about 20.5%, or 0.8% Particularly during the surge of what was called the “knowledge-based economy” from 1991 to 2000, global economic productivity increased without parallel increases in energy use.

2010

2010 Global Energy 2008

EIA: North Dakota oil production reached new high of 770K bpd in 2012; transported by trucks and railroads

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.

North Dakota

North Dakota 2012 Oil Transportation

Air Products to provide hydrogen fueling equipment to China Energy Investment Group’s first hydrogen fueling station in China

Green Car Congress

MARCH 20, 2018

Air Products signed an agreement with state-owned Shenhua New Energy Co. New Energy), a subsidiary of China’s energy conglomerate China Energy Investment Group Co., Air Products’ SmartFuel hydrogen dispenser will be supplied for the project for fueling the hydrogen fuel cell powered vehicles.

Hydrogen

Hydrogen China Fuel Energy

WRI: global oil consumption hits all-time high

Green Car Congress

AUGUST 15, 2011

between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% in 2010 to reach an all-time high of 87.4 About one third of this growth came from China, which now uses more than 10% of the world’s oil. of total oil consumption in 2010. of total oil consumption in 2010.

Oil

Oil Global Oil-Sands Saudi Arabia

Suncor Energy cancels Voyageur oil sands upgrader project; acquires Total’s stake

Green Car Congress

MARCH 28, 2013

Suncor Energy is not proceeding with the Voyageur bitumen upgrader project in the Canadian oil sands. The oil market environment in the North America has changed significantly, Total notes. Since 2010, market conditions have changed significantly, challenging the economics of the Voyageur upgrader project.

Oil-Sands

Oil-Sands Oil Energy Canada

ExxonMobil plans five-year investment of $185B to develop new energy supplies; 21 major oil and gas projects to begin production between 2012 and 2014

Green Car Congress

MARCH 8, 2012

Exxon Mobil Corporation plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. Tillerson said that even with significant efficiency gains, ExxonMobil expects global energy demand to increase by 30% by 2040, compared to 2010 levels.

Saudi Arabia

Saudi Arabia Oil Oil-Sands 2012

Lawrence Livermore publishes state-by-state energy/water Sankey diagrams

Green Car Congress

APRIL 20, 2018

For the first time, Lawrence Livermore National Laboratory (LLNL) has published state-by-state energy and water Sankey diagrams in one location so that analysts and policymakers can find all the information they need in one place. General location of energy and water categories. Energy and water generally “flows” from left to right.

Water

Water Energy Coal Gas-Electric

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

DECEMBER 10, 2014

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040.

Energy

Energy Global 2010 Oil-Sands

ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

DECEMBER 15, 2013

By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. Driven by increasing population, urbanization and rising living standards, the world will require some 35% more energy in 2040, according to ExxonMobil’s annual forecast report: Outlook for Energy: A View to 2040.

Oil-Sands

Oil-Sands Energy Hybrid Sale

EIA Energy Outlook 2010 Reference Case Projects Moderate Growth in US Energy Consumption, Greater Use of Renewables, and Reduced Oil and Natural Gas Imports

Green Car Congress

DECEMBER 15, 2009

Assuming no new policies, growth in energy-related CO 2 is driven by electricity and transportation fuel use. However, assuming no new policies, however, fossil fuels would still provide about 78% of all the energy used in 2035 and CO 2 emissions from energy will grow at 0.3% Source: EIA AEO2010. Click to enlarge. Source: EIA.

Renewable

Renewable 2010 Oil Energy

EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

Green Car Congress

JANUARY 23, 2012

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. The US Energy Information Administration (EIA) released its Reference case projections for US energy markets through 2035. million barrels per day in 2010.

Oil

Oil 2005 Production 2010

GTI plans second Permian Basin field test site to maximize hydraulic fracturing efficiency and increase production

Green Car Congress

JULY 23, 2018

GTI (Gas Technology Institue) is leading a high-profile program on Hydraulic Fracturing Test Sites (HFTS) in the Permian Basin, bringing together government and industry to improve recovery, continue enhancing environmentally responsible methods of optimizing production, and lowering costs in the Midland and Delaware Basins.

Delaware

Delaware Production Texas Oil

Air Products heralds successful operation of project to capture CO2 from hydrogen production for use in enhanced oil recovery

Green Car Congress

MAY 13, 2013

Air Products heralded the successful operation of a US Department of Energy (DOE) demonstration project that will capture approximately one million tons of carbon dioxide (CO 2 ) from hydrogen production for use in an enhanced oil recovery project in which DOE anticipates an additional estimated 1.6-3.1 Click to enlarge.

Oil

Oil Hydrogen CO2 Production

First production from Imperial’s Kearl oil sands project; “about the same” lifecycle GHGs as average of crudes consumed in US

Green Car Congress

APRIL 29, 2013

Imperial Oil Limited has begun the initial development of the Kearl oil sands project ( earlier post ), which incorporates technology innovations to enhance environmental performance. Production of mined diluted bitumen from the first of three froth treatment trains has begun.

Oil-Sands

Oil-Sands Oil Production Water

PDVSA signs $4B loan agreement with China Development Bank for expansion of heavy oil production in Orinoco

Green Car Congress

JUNE 4, 2013

billion, 8-year loan agreement with China Development Bank (CDB) for boosting production at the Sinovensa heavy oil joint venture in the Orinoco belt from 140,000 barrels per day to 330,000 barrels per day by 2016. The Orinoco Oil Belt Assessment Unit of the La Luna?Quercual Venezuela’s PDVSA signed a $4.0-billion, Schenk C.J.,

Venezuela

Venezuela Oil China Production

Neste Oil building pilot plant to produce waste-based microbial oil for NExBTL renewable diesel fuel; commercial production possible by 2015

Green Car Congress

DECEMBER 15, 2011

Neste Oil will build a pilot plant to produce waste-based microbial oil at its Porvoo refinery. It will be the first pilot plant in Europe designed to produce microbial oil for use in manufacturing renewable fuel from waste-based raw materials. Neste Oil applied for patents covering its microbial oil technology in fall 2010.

Oil

Oil Waste Renewable 2015

Blue Sun Energy, ARA Inc. and Chevron Lummus Global achieve production milestone for renewable drop-in fuels

Green Car Congress

MARCH 28, 2014

Blue Sun Energy, ARA Inc. This is a key milestone toward commercial scale production, with initial results showing comparable system performance in the scale-up from our 4 barrel/day pilot system in Panama City, Florida to the 100 BBL/day demonstration system in St. A US patent was granted to ARA in 2010 on the CH process.

Chevron

Chevron Renewable Global Panama

Imperial Oil approves $2B in situ oil sands expansion project

Green Car Congress

FEBRUARY 4, 2012

Imperial Oil Limited has approved a $2 billion expansion of the company’s Cold Lake in situ oil sands operation in northeastern Alberta. The expansion, called Nabiye, will bring on additional commercial bitumen production of more than 40,000 barrels per day at Cold Lake.

Oil-Sands

Oil-Sands Oil 2004 Canada

Ford’s new Dagenham Diesel EcoBlue engine production line reduces energy and water use by more than 50%

Green Car Congress

AUGUST 4, 2016

The new Ford EcoBlue diesel engine production line at Dagenham Engine Plant will reduce water and energy consumption by more than 50%. Dagenham Engine Plant is Ford’s largest diesel engine production facility globally, and produced the first EcoBlue diesel engine ( earlier post ) in April this year.

Water

Water Diesel Engine Energy

ABMI releases first report on biodiversity in Athabasca Oil Sands Area

Green Car Congress

DECEMBER 6, 2013

The Alberta Biodiversity Monitoring Institute (ABMI) released the first comprehensive report on the status of Alberta’s species in the Athabasca Oil Sands Area (AOSA). It also contains the Athabasca oil sands deposit, which represents 77% of Canada’s proven oil reserves and supports a growing energy extraction sector. “

Oil-Sands

Oil-Sands Oil 2010 Canada

Solazyme and Bunge form joint venture for commercial-scale renewable oil production facility in Brazil

Green Car Congress

APRIL 3, 2012

Solazyme produces tailored oils using heterotrophic algae grown in industrial fermenters. Algae-based renewable oil company Solazyme, Inc. Algae-based renewable oil company Solazyme, Inc. will have an expected annual production capacity of 100,000 metric tons of oil. Source: Solazyme. Click to enlarge.

Brazil

Brazil Oil Renewable Commercial

Study finds that switch to heavy and synthetic crude oils could double or triple refinery emissions

Green Car Congress

FEBRUARY 6, 2011

Increasing crude processing intensity and energy intensity with worsening oil quality. OQ: Crude feed oil quality. EI: Refinery energy intensity. Switching to heavy crude oil and synthetic crude oil derived from oil sands bitumen in refineries could double or triple refinery emissions and add 1.6-3.7

Oil

Oil Oil-Sands Emissions Hydrogen

EIA: 5 states and the Gulf of Mexico produce more than 80% of US crude oil; shales drive the growth

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

North Dakota Mexico Oil Oklahoma

CERA: Canadian Oil Sands Poised to Become the Top Source of Crude Imports to the US in 2010; Could Contribute Up To 36% of US Oil and Refined Products Imports by 2030

Green Car Congress

MAY 21, 2010

Growth of production of Canadian oil sands. The Canadian oil sands are now poised to become the number one source of US crude oil imports in 2010, according to new research from the IHS CERA Canadian Oil Sands Dialogue. The Role of Canadian Oil Sands in US Oil Supply”. Source: IHS CERA.

Oil-Sands

Oil-Sands Oil 2010 Production

KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

Green Car Congress

MAY 12, 2011

Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with 64% predicting crude prices to exceed $121 per barrel. Only 35% think current crude prices are near the high they expect for oil this year, predicting the peak will be between $111 and $120 per barrel.

Oil

Oil Energy 2011 Wind

NEC reduces production energy for cellulose-based bioplastic by 90%

Green Car Congress

MAY 12, 2014

NEC Corporation (NEC) has developed a new production technology which allows it to produce a high-functionality bioplastic using just one-tenth the energy (i.e., fewer CO 2 emissions) that was previously required for processes using the non-edible plant resource of cellulose and natural oil as raw materials. Background.

Energy

Energy Production Water Emissions

Cosan and Amyris form JV Novvi S.A. for global production and commercialization of renewable base oils

Green Car Congress

JUNE 13, 2011

the Brazilian company established for the worldwide development, production and commercialization of renewable base oils made from Biofene, Amyris’s renewable farnesene. Base oils are the building blocks of lubricant oils, currently derived from a mixture of fractions from the crude oil refining process.

Oil

Oil Renewable Commercial Production

UK Government approves Statoil’s US$7B development of North Sea Mariner heavy oil field

Green Car Congress

FEBRUARY 15, 2013

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. Statoil expects to start production from Mariner in 2017, and the field is expected to produce for 30 years. North Sea oil and gas is a vital asset.

Mariner

Mariner Oil Climate Change 2007

Study finds plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to modest increases in refinery CO2 emissions

Green Car Congress

MARCH 17, 2012

An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% to 9.3%) from a 2010 baseline, depending upon the supply scenario.

Oil-Sands

Oil-Sands Oil Emissions CO2

IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

Green Car Congress

MARCH 26, 2019

Energy demand worldwide grew by 2.3% Natural gas emerged as the fuel of choice, posting the biggest gains and accounting for 45% of the rise in energy consumption. As a result, global energy-related CO 2 emissions rose by 1.7% This rapid growth is pushing electricity towards a 20% share in total final consumption of energy.

2018

2018 Global Emissions Energy

Opinion: Here’s what will send oil prices back up again

Green Car Congress

MARCH 5, 2015

Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will. In other words, oil is a volatile market, but prices are in a long term upward trend.

Oil Prices

Oil Prices Oil Price Saudi Arabia

EIA expects US petroleum trade to shift toward net imports during 2022

EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011

Average carbon intensity of oil sands production has dropped ~36% in last 40 years; still 12-24% higher than conventional oil CI

PBF considering $550M investment to convert idled refinery unit to renewable diesel production

U Calgary study finds oil shale most energy intensive upgraded fuel followed by in-situ-produced bitumen from oil sands

T&E study claims EU’s biofuels policy has wiped out forests the size of the Netherlands

Ricardo study suggests global oil demand may peak before 2020, falling to below 2010 levels by 2035

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

California ARB holding public workshop for review of OPGEE crude oil production lifecycle assessment model

EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

EIA: North Dakota oil production reached new high of 770K bpd in 2012; transported by trucks and railroads

Air Products to provide hydrogen fueling equipment to China Energy Investment Group’s first hydrogen fueling station in China

WRI: global oil consumption hits all-time high

Suncor Energy cancels Voyageur oil sands upgrader project; acquires Total’s stake

ExxonMobil plans five-year investment of $185B to develop new energy supplies; 21 major oil and gas projects to begin production between 2012 and 2014

Lawrence Livermore publishes state-by-state energy/water Sankey diagrams

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

EIA Energy Outlook 2010 Reference Case Projects Moderate Growth in US Energy Consumption, Greater Use of Renewables, and Reduced Oil and Natural Gas Imports

EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

GTI plans second Permian Basin field test site to maximize hydraulic fracturing efficiency and increase production

Air Products heralds successful operation of project to capture CO2 from hydrogen production for use in enhanced oil recovery

First production from Imperial’s Kearl oil sands project; “about the same” lifecycle GHGs as average of crudes consumed in US

PDVSA signs $4B loan agreement with China Development Bank for expansion of heavy oil production in Orinoco

Neste Oil building pilot plant to produce waste-based microbial oil for NExBTL renewable diesel fuel; commercial production possible by 2015

Blue Sun Energy, ARA Inc. and Chevron Lummus Global achieve production milestone for renewable drop-in fuels

Imperial Oil approves $2B in situ oil sands expansion project

Ford’s new Dagenham Diesel EcoBlue engine production line reduces energy and water use by more than 50%

ABMI releases first report on biodiversity in Athabasca Oil Sands Area

Solazyme and Bunge form joint venture for commercial-scale renewable oil production facility in Brazil

Study finds that switch to heavy and synthetic crude oils could double or triple refinery emissions

EIA: 5 states and the Gulf of Mexico produce more than 80% of US crude oil; shales drive the growth

CERA: Canadian Oil Sands Poised to Become the Top Source of Crude Imports to the US in 2010; Could Contribute Up To 36% of US Oil and Refined Products Imports by 2030

KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

NEC reduces production energy for cellulose-based bioplastic by 90%

Cosan and Amyris form JV Novvi S.A. for global production and commercialization of renewable base oils

UK Government approves Statoil’s US$7B development of North Sea Mariner heavy oil field

Study finds plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to modest increases in refinery CO2 emissions

IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

Opinion: Here’s what will send oil prices back up again

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