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.

El Paso 225

El Paso 2011 Oil Gas 225

Green Car Congress

APRIL 30, 2013

John Hofmeister, former President of Shell Oil Company and founder and CEO of Citizens for Affordable Energy (CFAE), is joining the Fuel Freedom Foundation (FFF) Advisory Board. There will not be enough oil to stay on the path we’re on globally over the short- and medium-, let alone the long-term. We need a competitor for oil.

Alternative Fuels 295

Alternative Fuels Oil Transportation Fuel 295

Green Car Congress

DECEMBER 2, 2010

Researchers in Viet Nam and Belgium have developed a catalytic cracking process to convert vegetable oil sludge to renewable hydrocarbon fractions. Vegetable oil sludge is a major byproduct of vegetable oil factories, and consists of triglycerides (61%), free fatty acid (37%) and impurities (2%). —Nam et al.

Oil 275

Oil Belgium Gasoline Gas 275

Green Car Congress

DECEMBER 30, 2011

UK Energy Minister Charles Hendry set out his hopes for a “prosperous 2012” in the oil and gas sector, as he awarded 46 new licences to explore for oil and gas in the North Sea. These awards represented the second tranche of licenses from the 26 th Seaward Licensing Round , which closed on 28 April 2010.

Oil 210

Oil Gas 2010 2012 210

Green Car Congress

FEBRUARY 6, 2011

Increasing crude processing intensity and energy intensity with worsening oil quality. OQ: Crude feed oil quality. 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 PI: Crude processing intensity.

Oil 287

Oil Oil-Sands Emissions Hydrogen 287

Green Car Congress

MAY 3, 2010

Concept of the subsea oil recovery system. BP is working to deploy a subsea oil recovery system over the largest leak source in the Transocean Deepwater Horizon Rig that it hopes will capture up to 85% of the oil rising from the sea floor following the sinking of Deepwater Horizon on 22 April. Produced May 3, 2010.

Oil 294

Oil Louisiana Water Store 294

Green Car Congress

NOVEMBER 17, 2011

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.)

Mexico 236

Mexico Oil Gas Chevron 236

Green Car Congress

DECEMBER 11, 2011

Exxon Mobil Corporation’s new The Outlook for Energy: A View to 2040 , released last week, projects that global energy demand in 2040 will be about 30% higher than it was in 2010 as population grows to 9 billion and global GDP doubles. By 2040, heavy duty fuel demand will be up about 60 percent versus 2010. L/100 km) by 2040.

Personal 408

Personal Global Transportation Fuel 408

Green Car Congress

DECEMBER 31, 2011

million bbl/d in 2009-2010. 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 was crude oil.

Oil 297

Oil Panama Saudi Arabia United Arab Emirates 297

Green Car Congress

JUNE 13, 2012

Oil remains the world’s leading fuel, but its 33.1% seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. 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%

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

JULY 16, 2013

A chemical analysis indicates that the source of oil sheens recently found floating at the ocean’s surface near the site of the Gulf of Mexico Deepwater Horizon oil spill is pockets of oil trapped within the wreckage of the sunken rig. The results are published this week in the journal Environmental Science & Technology.

Oil 230

Oil Mexico 2010 2012 230

Green Car Congress

JUNE 10, 2011

MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. The IEA takes a more conventional approach, assessing the impact on the penetration of vehicles burning gas as their fuel. Earlier post.)

MIT 299

MIT Gas Transportation Future 299

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. In 2010, about 75% of the world’s vehicles were in OECD countries. liters per 100 km) in 2010. China will see the largest increase—more than 4 million oil-equivalent barrels per day.

Oil-Sands 309

Oil-Sands Energy Hybrid Sale 309

Green Car Congress

APRIL 11, 2012

Clathrate hydrate formation and subsequent plugging of deep-sea oil and gas pipelines represent a significant bottleneck for deep-sea oil and gas operations. — Methane hydrates can freeze upon contact with cold water in the deep ocean, are a chronic problem for deep-sea oil and gas wells.

MIT 225

MIT Oil Gas Chevron 225

Green Car Congress

AUGUST 6, 2014

to build a small-scale gas-to-liquid demonstration facility in Houston. The purpose of the GTL Pilot Plant is to commercially demonstrate converting stranded natural gas resources to synthetic crude oil. BFLS originally intended to develop biofuel-fired power projects. The company is switching its focus to GTL.

Houston 247

Houston Gas Building Powered 247

Green Car Congress

JUNE 21, 2012

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.

Mexico 231

Mexico Oil Gas Mississippi 231

Green Car Congress

SEPTEMBER 20, 2011

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.

Renewable 239

Renewable Oil Diesel Europe 239

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 252

Oil California Production Carbon 252

Green Car Congress

AUGUST 29, 2012

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. 8 million (US$10 million) by Neste Oil. Click to enlarge. Earlier post.)

Oil 231

Oil Renewable Diesel Waste 231

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

FEBRUARY 21, 2012

The US and Mexico have signed an agreement on the exploration and development of oil and natural gas reservoirs along the United States’ and Mexico’s maritime boundary in the Gulf of Mexico. As a result of this Transboundary Agreement—which Presidents Obama and Calderon had committed in 2010 to reaching—nearly 1.5

Mexico 218

Mexico Oil Gas Obama 218

Green Car Congress

OCTOBER 23, 2013

The US Environmental Protection Agency (EPA) released its third year of greenhouse gas data detailing greenhouse gas emissions and trends broken down by industrial sector, greenhouse gas, geographic region, and individual facility. Fossil-fuel fired power plants remain the largest source of US greenhouse gas emissions.

Gas 225

Gas EPA Emissions 2010 225

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. Net petroleum imports as a share of total US liquid fuels consumed drop from 49% in 2010 to 38% in 2020 and 36% in 2035 in AEO2012. million barrels per day in 2010.

Oil 210

Oil 2005 Production 2010 210

Green Car Congress

NOVEMBER 12, 2014

Petrobras’ oil production in Brazil reached an average of 2,126,000 barrels per day (bpd) in October, corresponding to 0.4% This flow represents a historical new record, surpassing the previous record 4,800 bpd, reached in December 2010. October was the company’s ninth consecutive month of oil production growth in the country.

Brazil 231

Brazil Oil Production Fleet 231

Green Car Congress

NOVEMBER 4, 2011

A new study on greenhouse gas (GHG) emissions associated with the conversion and degradation of peatland in palm oil plantations in Southeast Asia has determined that past studies have generally significantly underestimated emissions associated with palm oil grown on peatland. Southeast Asia.

Oil 239

Oil Carbon Emissions Europe 239

Green Car Congress

NOVEMBER 24, 2011

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.

North Dakota 246

North Dakota Gas Market 2005 246

Green Car Congress

MARCH 19, 2013

Each year, 80 million tonnes of oil are shipped off Canada’s East and West Coasts. Oil tankers have been moving along Canada’s West Coast since the 1930s. In 2009-2010, there were about 1,500 tanker movements on the West Coast, among 475,000 vessel movements in the area. million tonnes of oil was shipped out of Vancouver.

Canada 225

Canada Oil Mariner Water 225

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. —John Kunasek.

Oil 225

Oil Energy 2011 Wind 225

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. 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.

Mariner 225

Mariner Oil Climate Change 2007 225

Green Car Congress

MAY 30, 2011

Energy-related carbon-dioxide (CO2) emissions in 2010 were the highest in history, according to the latest estimates by the International Energy Agency (IEA). In terms of fuels, 44% of the estimated CO 2 emissions in 2010 came from coal, 36% from oil, and 20% from natural gas. tonnes for China, and 1.5 tonnes in India.

2010 257

2010 Emissions 2020 CO2 257

Green Car Congress

NOVEMBER 27, 2011

Wärtsilä Corporation has completed the conversion of the 25,000 dwt product tanker Bit Viking from heavy fuel oil to liquefied natural gas (LNG) operation. In August 2010, Wärtsilä signed a turnkey project with Tarbit Shipping to convert the Bit Viking to LNG operation. limit on sulfur emissions, the vessel operates on gas.

Conversion 210

Conversion Oil Fuel Mariner 210

Green Car Congress

SEPTEMBER 7, 2011

UK Energy Minister, Charles Hendry MP, unveiled a well-capping device developed by the Oil Spill Prevention and Response Advisory Group (OSPRAG) at the SPE Offshore Europe 2011 conference in Aberdeen. The OSPRAG well-capping device. Click to enlarge. Capping device key facts.

Oil 218

Oil United Kingdom Water 2010 218

Green Car Congress

APRIL 6, 2012

Researchers participating in the National Energy Technology Laboratory (NETL) Regional University Alliance (RUA) are using a medical computed tomography (CT) scanner to evaluate improvements to enhanced oil recovery (EOR) techniques. NETL is the research laboratory for the Department of Energy’s Office of Fossil Energy.

Oil 231

Oil West Virginia Virginia Universal 231

Green Car Congress

JULY 2, 2013

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).

Oil 207

Oil Oil-Sands Fuel Economy Alternative Fuels 207

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. Kearl will be the first oil sands mining operation that does not require an upgrader to make a saleable crude oil.

Oil-Sands 231

Oil-Sands Oil Production Water 231

Green Car Congress

JANUARY 19, 2012

Omnitek Engineering Corporation has been selected by India-based Tata Motors to supply original equipment high-pressure natural gas filters for 2012 passenger vehicles, expanding a supplier agreement for commercial vehicle filter applications that commenced in 2009. —Werner Funk, president and CEO.

2012 210

2012 Gas Supplies Motor 210

Green Car Congress

AUGUST 22, 2012

Total subsidies for renewable energy stood at $66 billion in 2010 (a 10% increase from the year before); the total value of global fossil fuel subsidies is estimated at between $775 billion and more than $1 trillion in 2012, Two thirds of the renewable energy subsidies went to renewable electricity resources and the remaining third to biofuels.

Renewable 312

Renewable International Fuel Energy 312