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bp has agreed to sell its 50% interest in the Sunrise oil sands project in Alberta, Canada, to Calgary-based Cenovus Energy, the other owner of the Sunrise project. In Canada, bp will no longer have interests in oil sands production and will shift its focus to future potential offshore growth. 650 water depth. 650 water depth.
Exxon Mobil Corporation is commencing development of the ultra-deepwater Julia oil field in the Gulf of Mexico. Capital cost for the project, which is expected to begin oil production in 2016, is estimated to be more than $4 billion. Malo production facility operated by Chevron USA Inc.
Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.
AB 1328 gives California water agencies access to information on potentially hazardous chemicals used in oil and gas operations. AB 1197 will ensure their spill management teams are adequately trained and prepared in the event of an oil spill.
Eni and RenOils, the Italian national vegetable and animal oils and fats Consortium established in 2016 to ensure the correct management of the collection, transport, storage, processing and reuse of vegetable oils and animal fats, are promoting the recovery of used cooking oils (UCO) for biofuel production.
The company also announced plans to reduce usage another 25% on a per-vehicle basis by 2016. Other successful initiatives—highlighted in Ford’s 13th annual Sustainability Report—include reductions in water use, waste-to-landfill and CO 2 emissions as well as improvements in vehicle fuel economy and safety.
The Argonne National Laboratory’s Systems Assessment Group announced 2016 release of the suite of GREET (Greenhouse gases, Regulated Emissions, and Energy use in Transportation Model) models and associated documentation. Updated vented, fugitive, and flaring greenhouse gas emissions from crude oil production. Updated U.S. Updated U.S.
One will be a PHEV version of the new Chrysler Town & Country minivan to be introduced in 2016; the second will be a PHEV version of a new full-size crossover vehicle to be introduced in 2017. FCA will launch a PHEV minivan in 2016 to comply with ZEV requirements. Variable displacement oil pump. —Bob Lee. Aluminum block.
Alberta’s oil sands operations accounted for 28.8% of Canadian natural gas demand in 2016, up from 11.8% From 2005 to 2016, natural gas purchased by oil sands projects more than tripled, from 0.73 Bcf/d in 2016. Additionally, natural gas is used in oil sands mining to heat water to separate bitumen from sand.
In the CHJ process (also called hydrothermal liquefaction), clean free fatty acid (FFA) oil from the processing of waste oils or energy oils is combined with preheated feed water and then passed to the CH reactor. Evaluation of ARA Catalytic Hydrothermolysis (CH) Fuel.
Secretary of the Interior Sally Jewell announced that the latest oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. The area will be offered to industry again in 2016 under the current Five Year Offshore Oil and Gas Leasing Program.
to construct and operate a 300,000 barrel-per-day oil sands upgrader in the Alberta Industrial Heartland area of Strathcona County. Satisfy the Board by not later than 1 October 2016 that construction of the project has commenced, or the approval will expire on 31 December 2016, unless the Board stipulates a later date.
a Canadian integrated oil company, reported an increase in third quarter crude oil production year-on-year of about 4% due to oil sands production that was 14% higher compared with the same period a year earlier. Conventional oil production slightly declined due to a combination of factors. Cenovus Energy Inc.,
President Obama has directed the Environmental Protection Agency (EPA) and the Department of Transportation (DOT) to develop and to issue the next phase of medium- and heavy-duty vehicle fuel efficiency and greenhouse gas standards by March 2016. Accessory improvements (water pumps, fans, auxiliary power units, air conditioning, etc.).
to proceed with its Narrows Lake oil sands project, with an ultimate gross production capacity of 130,000 barrels per day. SAP combines steam injection with solvents, such as butane, to help bring the oil to the surface. Cenovus also anticipates that SAP may increase total oil recovery by as much as 15%. Earlier post.).
In 2017, emissions from GHG emitting activities statewide were 424 million metric tons of CO 2 equivalent (MMTCO 2 e), 5 MMTCO 2 e lower than 2016 levels and 7 MMTCO 2 e below the 2020 GHG Limit of 431 MMTCO 2 e. Compared to 2016, California’s GDP grew 3.6% It does not include emissions from petroleum refineries and oil production.
Meeting the goal of cutting US oil dependence depends largely on two things, Obama said: finding and producing more oil at home, and reducing dependence on oil with cleaner alternative fuels and greater efficiency. The Administration is pushing the oil industry to produce on leases already held.
It is the first deepwater project in the Gulf to expand an existing oil and gas field with significant new infrastructure, which should extend the life of the greater Mars basin to 2050 or beyond. Olympus sits in approximately 945 meters (3,100 feet) of water. The Mars field produced an average of over 60,000 boe per day in 2013.
This is accomplished by separately pumping steam and the feedstock oil at high temperature and pressures into a Colgate-Emery reactor. Two product streams exit this reactor, free fatty acids (mixed with water) and sweet water (glycerol mixed with water). Step 2: deoxygenation. Click to enlarge. Hydrocarbon reforming.
With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. A stripper is a small operator of very old oil wells that frequently produce less than five barrels per day of oil.
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.,
This results in optimized distribution of weight and, therefore, a reduced demand for ballast water which also supports reduced fuel consumption and emissions at the same time. The ECO STAR 36K will be able to operate on HFO (heavy fuel oil), MDO (marine diesel oil) and gas oil, as well as LNG, and, as a world novelty, on ethane (C 2 H 6 ).
OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. At present, the main issue being reported on is that there has been corrosion of the water injection system, which is used to keep pressure in the reservoir.
The Ondjaba-1 well will be drilled at a new world record water depth of 3,628 m (2.25 The current world record is 3,400 m, set by Maersk Voyager’s sister drillship Maersk Venturer when it drilled the Raya-1 well for TotalEnergies offshore Uruguay in 2016.
Second, LNG is, and has been, less expensive than MGO and is now in some regions cheaper than heavy fuel oil (HFO). Moreover, to comply with IMO’s 2020 global sulfur limit, ships must either switch from HFO to more expensive very low sulfur fuel oil (VLSFO) or use HFO with a scrubber, if they have one installed. —Pavlenko et al.
The International Maritime Organization (IMO) officially accepted the proposal to designate waters off the North American coasts as an Emission Control Area (ECA). Also, new ships must use advanced emission control technologies beginning in 2016 which will help reduce NO x emissions. Earlier post.)
BP, Nouryon (formerly AkzoNobel Specialty Chemicals), and the Port of Rotterdam will collaborate to explore the opportunity of making green hydrogen via water electrolysis for BP’s refinery in Rotterdam, the Netherlands, which has the potential for significant reductions in CO 2 emissions. BP’s Rotterdam refinery.
The Hertz Corporation, which includes the Hertz, Dollar and Thrifty brands, has expanded of its Green Traveler Collection car rental fleet to include the 2016 Hyundai Sonata Hybrid ( earlier post ) in select cities across the US. Additionally, the company currently has 15 solar locations, with projected growth to 20 by 2016.
ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. billion recoverable oil-equivalent barrels. Wood Mackenzie currently expects around 350,000-400,000 b/d of oil production (just oil, not factoring in natural gas) by 2026 from there.
The Government of Canada is adopting stricter environmental standards to reduce air emissions from ships navigating in Canadian waters. Since vessels from Canada and the United States routinely travel in both countries’ waters, aligning our regulations is the logical thing to do.
The European Union (EU) market, which is home to about 30% of algae activity, will be limited initially by the industry’s focus on university research, and later by insufficient access to water, land, and nutrient sources. Ultimately, algae potential is greatest in regions where there is an abundance of land, water, and sunlight.
The Wolfcamp shale in the Midland Basin portion of Texas’ Permian Basin province contains an estimated mean of 20 billion barrels of oil, 16 trillion cubic feet of associated natural gas, and 1.6 This estimate is for continuous (unconventional) oil, and consists of undiscovered, technically recoverable resources.
On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. In 2016, only 3.7 billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016.
is being recognized for developing a yeast that produces a chemical used to make high performance nylon 6,12 for hairbrushes toothbrushes, adhesives, coatings, fragrances, and automotive and aviation oils. The 2016 awards event will be held in conjunction with the 20 th Annual Green Chemistry and Engineering Conference.
Three of the NHTSA scenarios for penetration of technologies for passenger cars for MY 2016. mpg and 250 g CO 2 /km for model year 2016. mpg and 250 g CO 2 /km for model year 2016. Three of the NHTSA scenarios for penetration of technologies for light trucks for MY 2016. Data: Preliminary Regulatory Impact Analysis.
The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.
Buick introduced the 2016 Encore Sport Touring crossover, a more sporty take on the brand’s popular crossover. Engine efficiency is also bolstered through reduced friction, including low-friction piston rings, a low-friction camshaft drive and a low-friction oil pump. A variable-flow oiling system that helps maximize fuel efficiency.
Sustainable Development Technology Canada (SDTC) is awarding Nsolv $13 million in grant funding to commercialize its field-tested, proprietary warm solvent technology for in situ heavy oil extraction without the use of steam. Naturally occurring water and non-condensable gases are also carried along and out of the reservoir.
The exploration well, Nene Marine 3, was drilled in a water depth of 28 meters (92 feet) and encountered a significant wet gas and light oil accumulation in the pre-salt clastic sequence, outlining a significant extension to the west of the reservoir and its hydraulic continuity. billion barrels of oil equivalent in place.
The new Ford EcoBlue diesel engine production line at Dagenham Engine Plant will reduce water and energy consumption by more than 50%. Water usage per engine will be among the lowest at any Ford manufacturing facility worldwide, delivering an anticipated annual saving of 17.5
Researchers at Argonne National Laboratory have analyzed the water consumption for transportation fuels in the United States using an extended lifecycle system boundary that includes the water embedded in intermediate processing steps. Increases in population, energy and food demand now strain previously abundant sources of water.
At the shale oil play in the Stavropol area in southwestern Russia Statoil can bring its unconventional experience from the US to the benefit of this proven, unappraised play. The licence covers 23,000 square kilometers in water depths of 150-250 meters. Sea of Okhotsk. The first exploration well should be drilled before 2019.
Platts RigData, a forecasting and analytics unit of S&P Global Platts, announced that the US rig count for March 2017 was 901, up 67 (8%) from February 2017, and up 391 (77%) from March 2016. This rig count includes US onshore, US inland waters, and US offshore Gulf of Mexico drilling rigs.
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