Green Car Congress

MARCH 28, 2012

The amount of crude oil the United States imported from its top five foreign suppliers—Canada, Saudi Arabia, Mexico, Venezuela, and Nigeria—increased slightly during 2011, even though total US crude oil imports fell to their lowest level in 12 years, according to the US Energy Information Administration.

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Saudi Arabia Canada 2011 Venezuela 220

Green Car Congress

SEPTEMBER 25, 2011

UK-based market analyst visiongain projects that global spending in 2011 on advanced oil & gas exploration technologies will total $10.17 visiongain’s Advanced Oil & Gas Exploration Technologies Market 2011-2021 report analyses the development of this market over the next ten years.

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2011 Oil Gas Global 199

Green Car Congress

JULY 23, 2012

CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.

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Oil-Sands Oil Canada Gas 325

Green Car Congress

FEBRUARY 3, 2013

Imperial Oil has raised the expected final cost for the Kearl oil sands initial development to $12.9 billion, up 18% from the 2011 figure of $10.9 The Kearl expansion project, sanctioned in 2011 for $8.9 This is up 10% from the prior estimate of $6.20 Start-up of the expansion project is planned in 2015.

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Oil-Sands Oil Cost Of 2011 257

Green Car Congress

JUNE 10, 2013

Map of basins with assessed shale oil and shale gas formations, as of May 2013. Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. Source: US EIA. Click to enlarge.

Oil 281

Oil Algeria United States Argentina 281

Green Car Congress

APRIL 27, 2012

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.

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Oil-Sands Oil Emissions Climate 314

Green Car Congress

APRIL 15, 2017

shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. In recent years, U.S. shale output.

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Oil Supplies Oil Prices 2017 150

Green Car Congress

APRIL 5, 2013

Neste Oil is beginning the commercial use of tall oil pitch as a feedstock for refining into transportation fuel. Up until now, it has not been possible to use tall oil pitch, a residue produced by tall oil refiners ( earlier post ), as a commercial-scale feedstock for fuel refining purposes. Earlier post.).

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Oil Commercial Finland Fuel 230

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JANUARY 27, 2023

Simplified Hydrofaction Process Hydrothermal liquefaction (HTL) applies supercritical water as a reaction medium for the conversion of biomass directly into a high-energy density renewable biocrude oil. The process conditions are carefully chosen to promote reaction pathways that favor high yields of high-quality renewable oil.

Waste 293

Waste Energy Oil Conversion 293

Green Car Congress

JULY 14, 2011

Neste Oil will expand the raw material base used to produce NExBTL renewable fuel with jatropha and camelina oils. For the moment, only limited volumes of jatropha and camelina oils are procured to produce NExBTL. The waste and side streams are expected to form approximately 40% of the total raw material procurement in 2011.

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Oil Renewable Waste 2001 218

Green Car Congress

APRIL 20, 2013

Crude oil imports from the top five foreign suppliers to the United States—which in 2012 were Canada, Saudi Arabia, Mexico, Venezuela, and Iraq, in that order—accounted for almost 72% of total US net crude oil imports, the highest proportion since 1997, according to the US Energy Information Administration (EIA).

Saudi Arabia 262

Saudi Arabia Oil Iraq Venezuela 262

Green Car Congress

DECEMBER 8, 2014

Investment into emerging oil and gas E&P (exploration and production) technologies, which were nearly non-existent in 2003, at just $57 million, have attracted nearly $7 billion in private investment from 497 unique transactions, according to a new report from Lux Research, “ Investing in Next Generation Oil and Gas Technologies ”.

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Oil Oil-Sands 2003 Gas 210

Green Car Congress

OCTOBER 22, 2014

of China (COMAC) opened a demonstration facility that will turn waste cooking oil, commonly referred to as “gutter oil” in China, into sustainable aviation biofuel. billion liters) of biofuel could be made annually in China from used cooking oil. Boeing and Commercial Aircraft Corp.

Oil 239

Oil Waste China Commercial 239

Green Car Congress

JANUARY 20, 2012

million barrels a day in 2011 compared with 2010, according to the American Petroleum Institute (API). December 2011 petroleum deliveries were down 5.9% December 2011 petroleum deliveries were down 5.9% Gasoline deliveries showed declines for 2011 as a whole and for the month of December. in 2011 compared with 2010.

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2011 Production 2010 Oil 210

Green Car Congress

AUGUST 4, 2013

Shanghai’s city buses will run on biodiesel processed from “swill oil”—used vegetable cooking oil captured from gutters and drains—from next year, the Shanghai food and drug safety authorities announced following a toxic oil recycling program it conducted with Tongji University.

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Oil 2011 Universal Diesel 199

Green Car Congress

JULY 17, 2013

While refinery receipts of crude oil by truck, rail, and barge remain a small percentage of total receipts, EIA’s recently released Refinery Capacity Report shows refineries across the nation received more than 1 million barrels per day (bbl/d) by rail, truck, and barge in 2012, a 57% increase from 2011. Click to enlarge.

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Oil Mississippi 2012 2011 220

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. Imperial’s Cold Lake facility is the largest and longest-running in situ oil sands operation in Canada, and includes four steam generation and bitumen production plants.

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Oil-Sands Oil 2004 Canada 210

Green Car Congress

SEPTEMBER 27, 2014

Statoil will postpone the previously planned Corner field development at the Kai Kos Dehseh (KKD) oil sands project in Alberta, Canada, for a minimum of three years, due in part to rising labor and materials costs and market access issues including limited pipeline access. —Statoil Canada country manager Ståle Tungesvik.

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Oil-Sands Oil Canada 2011 225

Green Car Congress

DECEMBER 31, 2011

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. million bbl/d in 2009-2010.

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Oil Panama Saudi Arabia United Arab Emirates 297

Green Car Congress

OCTOBER 26, 2012

Neste Oil celebrated the official opening of Europe’s first pilot plant for producing microbial oil from waste and residues at its site in Porvoo, Finland. —Lars Peter Lindfors, Neste Oil’s Senior Vice President, Technology. Neste Oil announced in December 2011 that it was going to invest €8 million (US$10.4

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Oil Waste Finland Renewable 210

Green Car Congress

DECEMBER 21, 2011

Imperial Oil Limited’s board of directors has approved the expansion phase of the Kearl Oil Sands Project, a surface mining operation under construction northeast of Fort McMurray, Alberta. Imperial Oil’s share of the Kearl Oil Sands asset is 71%. —Imperial Oil Chairman, President and CEO Bruce March.

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Oil-Sands Oil 2020 2009 210

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.)

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Oil Renewable Diesel Waste 231

Green Car Congress

SEPTEMBER 2, 2013

Neste Oil, developer of the NExBTL process for renewable diesel, and agritrader Raisioagro have launched a research project to investigate the potential of straw as a raw material for producing NExBTL renewable diesel via Neste’s microbial oil technology. The cells are then harvested and the oil recovered. Earlier post.).

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Oil Renewable Diesel Finland 218

Green Car Congress

SEPTEMBER 2, 2015

If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.". Saudi Aramco Chairman Khalid Al-Falih indicated in March that Saudi Aramco would not cut investment.

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Oil Saudi Arabia UAE 2015 150

Green Car Congress

MAY 24, 2012

gigatonnes (Gt) in 2011, according to preliminary estimates from the International Energy Agency (IEA). Coal accounted for 45% of total energy-related CO 2 emissions in 2011, followed by oil (35%) and natural gas (20%). Gt above 2011 levels. Gt above 2011 levels. In 2011, a 6.1% Gt on 2010, or 3.2%.

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2011 Emissions Global CO2 230

Green Car Congress

MARCH 20, 2012

The divergence of West Texas Intermediate (WTI) and Brent crude oil prices in 2011 affected refinery utilization in the United States, particularly in the East Coast (PADD 1) and Midwest (PADD 2) regions, according to a report from the US Energy Information Administration (EIA). As a result, PADD 2 average crude oil inputs of nearly 3.4

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2011 Oil Texas Oil Prices 199

Green Car Congress

OCTOBER 25, 2012

In its interim report for January–September 2012, Neste Oil said that while the third-quarter performance of its Renewable Fuels business (NExBTL) improved by €38 million (US$49 million) from the corresponding period last year, the business still recorded a loss due to low margins, particularly during the first part of the quarter.

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Oil Renewable Fuel Oil Prices 218

Green Car Congress

JULY 17, 2012

in 2010 and 2011, respectively. t margin for oil refiners. Put simply, the empirical results merely reflect the fact that ethanol production increased during the sample period whereas the ratio of gasoline to crude oil prices decreased. The paper by Prof. Christopher Knittel at MIT and Assoc. The estimate drops further to $0.09

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Davis MIT Gasoline 2010 334

Green Car Congress

JANUARY 3, 2014

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

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Estonia Oil Cleaner Jordan 236

Green Car Congress

FEBRUARY 5, 2013

Neste Oil succeeded in achieving its target of increasing its use of waste and residue raw materials for refining into NExBTL renewable fuels by more than 400,000 tons in 2012: a total of 742,000 tons of these raw materials were used compared to 330,000 tons in 2011. Neste Oil used a total of 2.1

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Waste Oil Renewable Fuel 210

Green Car Congress

JULY 20, 2012

At 3%, the 2011 increase in global CO 2 emissions is above the past decade’s average annual increase of 2.7%. savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. combined, where emissions increased by 9% and 6% respectively in 2011.

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2011 Emissions CO2 Global 236

Green Car Congress

FEBRUARY 18, 2012

in January 2012 compared with January 2011 to just over 18 million barrels per day, according to figures from the American Petroleum Institute (API). Imports of crude oil and refined products fell in January by 14% to average 10.1 Crude oil production rose 3.8% Crude oil stocks were down 3.2% Crude oil stocks were down 3.2%

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Oil North Dakota 2011 Gasoline 210

Green Car Congress

NOVEMBER 28, 2012

US imports of Canadian crude oil rose to record levels during the first eight months of 2012, with Canada accounting for a growing share of total gross US imports, according to the US Energy Information Administration (EIA). Canada is the largest supplier of foreign oil to the United States, followed by Saudi Arabia, Mexico, and Venezuela.

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Canada Saudi Arabia Oil-Sands 2012 225

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. —WEO 2011.

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Oil Transportation Cheap Energy 247

Green Car Congress

MARCH 13, 2017

billion barrels of recoverable light oil in the Nanushuk play in Alaska’s North Slope. Spain-based integrated global energy company Repsol has been actively exploring Alaska since 2008, and since 2011 the company has drilled multiple consecutive discoveries on the North Slope along with partner Armstrong. billion barrels.

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Alaska Oil Energy Spain 170

Green Car Congress

MARCH 18, 2012

GE’s wastewater evaporation technologies have been selected to improve wastewater recovery at an existing oil sands project near Fort McMurray in Alberta, Canada. In 2012, GE also is scheduled to open a new Heavy Oil Centre of Excellence in Calgary, further building on a strong commitment and presence in the province of Alberta.

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Oil-Sands Oil Water Supplies 231

Green Car Congress

APRIL 13, 2012

The ratio between the spot prices of crude oil and natural gas has been generally increasing since January 2009, but it has climbed rapidly in recent months, according to data from the US Energy Information Administration (EIA). The crude oil-to-natural gas spot price ratio has implications for production and consumption. Source: EIA.

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Oil Gas Price Oil Prices 255