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Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. per million Btu (MMBtu).
One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize—and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas. Earlier post.].
Nuseed Limited, a wholly-owned subsidiary of Nufarm Limited, has executed a commercial off-take agreement with Saipol, the largest biodiesel producer in Europe, to supply Nuseed Carinata as a feedstock for certified low-carbon oil for renewable fuels and high protein non-GMO meal for livestock feed. —Saipol CEO, Christophe Beaunoir.
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).
Grown as a scalable cover crop in Argentina, it will be processed into a renewable fuel with best-in-class greenhouse gas (GHG) reduction. Nuseed added carinata to its global portfolio in November 2019, following a successful pilot project in Argentina and acquiring specific carinata technology from the crop’s developer.
billion bushels of corn in 2010-11 and USDA projects that 5 billion bushels will be used by the ethanol industry. In the 8 April WASDE, USDA changed the category to “ethanol and byproducts”: corn used to produce ethanol and by-products including distillers’ grains, corn gluten feed, corn gluten meal, and corn oil.
The Aemetis plant was built in 2008 to produce biodiesel and refined glycerin using large volumes of lower-cost, non-food by-products from the edible oilindustry as feedstock to supply the biofuel, pharmaceutical, and industrial markets.
On a life-cycle basis this advantage is reduced, the MIT report notes, because the GHG emissions in production and distribution, including methane leakage, are greater for natural gas than for oil products. million bpd of oil. MIT: leaning toward conversion for light-duty vehicles. These include short-range, heavy-duty vehicles (e.g.,
Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oilindustry era, comes from none other than Brazil. Link to original article: [link].
Orocobre Limited , an Australian minerals exploration company with a focus on developing “best of class” Lithium, Potash and Boron resources in Argentina, and a Toyota Group Company, Toyota Tsusho Corporation, will establish a joint venture to develop Orocobre’s flagship Salar de Olaroz Lithium-Potash Project in Argentina.
Toyota Tsusho Corp, a trading house and key Toyota supplier that Toyota owns 22 percent of, just announced that it would be jointly developing a new lithium project in Argentina with the Australian-listed Orocobre Ltd. For more information read: Toyota in Argentine Lithium Deal for Hybrid Car Push. By Eriko Amaha for Reuters. By Eriko Amaha.
DNV and GL merged in September 2013 to form DNV GL—the world’s largest ship and offshore classification society, the leading technical advisor to the global oil and gas industry, and a leading expert for the energy value chain including renewables and energy efficiency. —“Alternative Fuels for Shipping”.
Timely implementation provides certainty to American refiners, the agriculture community and broader fuels industry, all of which play an important role in the RFS program. EPA is also taking comment on addressing concerns that some RFS obligations are increasingly met with imported fuel from Brazil, Argentina and Indonesia.
The United States Geological Survey revealed that the world’s identified lithium resources are estimated to be around 79 million metric tons, with the largest reserves in Chile, Argentina, and Australia. How does lithium mining compare to oil mining? million tons.
Diesel or petrol starts as oil, on average 1,798 meters below the surface of the earth. A great deal of oil is extracted using what is called a pumpjack. The electricity usage for the 1,42,054 onshore wells that supply oil to India is over 1,415 GWh a month! That's just oil wells on land. What about deep sea drilling?
India has recently entered into a deal with Argentina for sourcing rare earth metals. In industry, rare earth metals are used both in mixed form and individually, with metal oxides predominantly employed. He described these metals as a “new oil.”
This past, Puddle Sources become the actual lithium corporate to announce a venture extend, pushing again first manufacturing from its Kachi lithium venture in Argentina through 3 years. “It’s a big challenge,” mentioned Eric Norris, head of Albemarle’s lithium industry.
Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.
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.
Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). oil shale), and refinery gain. OPEC oil producers are the largest source of additional liquid fuel supply between 2010 and 2040.
The US Energy Information Administration (EIA) continues to expand its assessment of technically recoverable shale oil and shale natural gas resources around the world. Each of the countries has an existing oil and natural gas industry with infrastructure connecting the basins to global markets. Bcf/d from 2005 to 2014.
in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units—a 10% drop from 2013; with politics impairing Argentina and Venezuela, and the economic climate weighing down markets like Brazil, Chile and Peru, where it may take a few years for demand to recover to previous highs.
High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.
By 2022, biofuel production is projected to consume a significant amount of the total world production of sugar cane (28%), vegetable oils (15%) and coarse grains (12%). The biodiesel market will be dominated by the EU and more marginally by US, Argentina and Brazil. RFS2 and the Renewable Energy Directive (RED), respectively).
The financial pages of Canadian newspapers have been full of headlines lately announcing the potential of two large shale oil fields in the Northwest Territories said to contain enough oil to rival the Bakken Formation of North Dakota and Montana. billion barrels. enthused the Financial Post.
Team PluginIndia The Lithium mining FUD (Fear, Uncertainty, Doubt) created by some paid media organizations and random YouTube channels is so bad, that many people read headlines of such articles and assume that Lithium mining is the worst thing in the world and is worse than extracting and refining 10,000 liters of oil used by an average ICE car.
may be forced to rely on foreign countries–primarily China, Australia and Chile, Argentina and Bolivia in South America–or our lithium supplies. Americans have experienced what it is like to depend on foreign oil supplies to power our vehicles. Based on what we see happening in the industry, this timeline needs to be crunched.
The challenge now is to implement gigatonne scale reductions across the economy, in power generation, energy efficiency, transport and industry, as well as REDD+ in forested nations. Other G20 (Australia, Korea, EU, South Africa, Saudi Arabia, Argentina). —Jonathan Grant, director, sustainability and climate change, PwC.
million tons), Argentina (2 million tons) and China (1 million tons). The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. Battery metals vs. oil as a source of tension and instability. Lithium is abundant on five continents. What about other battery components?
While expansion in the ethanol industry will continue over the next ten years, there will be slower growth for corn-based ethanol, largely reflecting moderate growth in overall gasoline consumption in the United States, according to the US Department of Agriculture’s (USDA) Long-Term Agricultural Projections released on 12 Feb. Source: USDA.
million tons), Argentina (2 million tons) and China (1 million tons). The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. Battery metals vs. oil as a source of tension and instability. Lithium is abundant on five continents. What about other battery components?
2008, 54% in 2006 and 65% in 2005); in 2007, the industry growth rate was. than soybean and canola oils, signalling its likely US. Biodiesel exports from Argentina are also becoming problematic for the EU producers, EBB said. Direct Oil Use Consequences) i.e. among others the. per year oil spills in the Mediterranean sea!
The war over global dominance of the electric vehicle battery industry seems like it ended before it really got started. As reported by Barron’s last month, the firm released an analysis of China’s stranglehold on the industry that supplies lithium-ion batteries for millions of electric vehicles around the world. Not necessarily.
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