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The Department of Energy’s (DOE’s) Office of Fossil Energy announced up to $88 million in federal funding for cost-shared research and development projects enhancing technologies for oil and natural gas recovery under two separate funding opportunity announcements (FOAs). million barrels of oil per day (MMb/d)) to 56.5%
A new report by EY finds that 64% of multibillion-dollar, technically and operationally demanding oil & gas megaprojects continue to exceed budgets, with 73% missing project schedule deadlines. Source: EY Megaprojects oil and gas report. —Axel Preiss, EY’s Global Oil & Gas Advisory Leader.
New research by the IHS Markit Canadian Oil Sands Dialogue shows that the combined greenhouse gas (GHG) intensity of Canadian oil sands projects has declined 20% from 2009 levels. The latest data show that the greenhouse gas intensity of Canadian oil sands going down further, continuing a decade-long trend.
These include the financing and construction of an oil refinery in the DRC to be owned jointly by both countries to meet regional demand for refined petroleum products, along with the construction of storage facilities for refined products. West-Central Coastal Province, West Africa.
The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Source: EPA. billion a year.
Average values for WTW GHG emissions for oil sands and other crudes, tight boundary. When the oil sands products refined in the United States are considered—a mixture of oil sands and lower-carbon blending components—the GHG emissions are, on average, 9% higher than the average crude processed in the US.
They identified four potential modes of water resource degradation: (1) shallow aquifers contaminated by fugitive natural gas (i.e., They identified four potential modes of water resource degradation: (1) shallow aquifers contaminated by fugitive natural gas (i.e., Credit: ACS, Vengosh et al. Click to enlarge.
Petrochemicals are rapidly becoming the largest driver of global oil demand. Petrochemicals are set to account for more than a third of the growth in world oil demand to 2030, and nearly half the growth to 2050, adding nearly 7 million barrels of oil a day by then. Source: IEA. —Dr Fatih Birol, IEA Executive Director.
Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.
For example, the geometry of the piston recess, the injection nozzle design and the parameters of the cylinder head relevant for gas exchange were subject to an extensive optimization process. Reduced friction losses and pressure control with low-viscosity oil. Newly-developed exhaust gas aftertreatment system.
As suggested in 2018, ( earlier post ) the 2021 Jeep Gladiator is now available with the 3.0-liter of torque, with engine stop-start (ESS) technology standard, is available on Gladiator Sport, Overland and Rubicon models. The exhaust gas recirculation (EGR) system design has been updated to a dual loop (low and high pressure) system.
Researchers from the GEOMAR Helmholtz Center for Ocean Research Kiel have found that considerable quantities of the greenhouse gas methane escape uncontrolled into the water from abandoned oil and gas wells in the North Sea. The most important factor was indeed the distance of the wells from the gas pockets.
While hydrogen is expected to play a critical role in reducing greenhouse gas emissions, at standard conditions, it is a flammable gas with low density and cannot be transported efficiently in a gaseous form. The carrier used in the Honeywell LOHC solution is readily available and requires minimal makeup.
The International Maritime Organization (IMO) Sub-Committee on Pollution Prevention and Response (PPR) has agreed to move forward with a prohibition on the carriage of high-sulfur fuel oil for use on board ships, when that fuel oil is not compliant with a new low-sulfur limit which comes into force from 2020. of MARPOL Annex VI.
The California Air Resources Board last week approved the final proposed 2022 Scoping Plan ( earlier post ), a roadmap to reduce demand for petroleum by 94%, cut air pollution by 71%, reduce greenhouse gas emissions 85%, and reach carbon neutrality by 2045.
A “well-to-wheel” life cycle assessment (LCA) by a team from synthetic fuels producer Greyrock ( earlier post ), and the National Renewable Energy Laboratory (NREL) has determined the potential reduction of greenhouse gases and criteria pollutant emissions from the use of synthetic fuels directly converted from flare gas. billion liters (18.8
The Record of Decision (ROD) reduces the size of the project by denying two of the original five drill sites proposed by ConocoPhillips, which is seeking to develop oil and gas leases it acquired beginning in the late 1990s. The Willow project is estimated to produce 180,000 barrels of oil per day at its peak. Earlier post.)
In an EU-funded research project, an international consortium is aiming to develop new production methods for sustainable marine fuels to replace heavy fuel oils in shipping. Although cleaner fuels are available, many companies opt for HFOs due to their low cost. NL); Winterthur Gas & Diesel Ltd. (CH);
Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, California. Historically, the refinery has produced diesel from crude oil and has a capacity of 70,000 barrels per day. GCEH will immediately commence retooling the refinery to produce renewable diesel from organic feedstocks such as vegetable oils.
ConocoPhillips estimates that the Willow Project will produce 180,000 barrels of oil per day at its peak and deliver $8 billion to $17 billion in new revenue for the federal government, the state of Alaska and North Slope Borough communities. The BLM has identified a preferred alternative in the final SEIS.
ExxonMobil projects that meeting future energy demand will be supported by more efficient energy-saving practices and technologies; increased use of less-carbon-intensive fuels such as natural gas, nuclear and renewables; as well as the continued development of technology advances to develop new energy sources. Natural gas.
Alfa Laval offers a range of oil-fired and oil and exhaust gas-fired boilers for ships. Top-fired and available in two different design pressures, the Aalborg OL is a vertical, two-drum cylindrical boiler. One of these is the use of an Alfa Laval Aalborg Micro economizer in conjunction with the OS-TCi.
In cases where hydrogen will be shipped (as hydrogen or its derivatives), it will eventually be distributed on land using hydrogen pipelines, which makes transport via pipelines a critical transportation mode for the gas. Europe, with its extensive gas grid, is well placed to make the jump.
ethanol—and 23% bionaphtha, which is obtained from residual materials such as tall oil, which is a by-product of pulp production. HVO (hydrotreated vegetable oil)—and 7% biodiesel. R33 Blue Diesel is available at existing public filling stations today. The remaining 67% is made up of fossil fuel.
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). Other liquids refer to natural gas plant liquids (NGPL), biofuels (including biomass-to-liquids [BTL]), gas-to-liquids (GTL), coal-to-liquids (CTL), kerogen (i.e.,
Irkutsk Oil Company (IOC), Japan Oil, Gas and Metals National Corporation (JOGMEC), and Itochu Corporation are partnering on a joint feasibility study of a blue ammonia value chain between eastern Siberia and Japan. Toyo Engineering Corporation and?Irkutsk Ammonia is liquefied under relatively mild conditions, i.e. -33 ?C
The Department of the Interior awarded an initial $560 million from the Bipartisan Infrastructure Law to 24 states to begin work to plug, cap and reclaim orphaned oil and gas wells. The $560 million is part of an overall $1.15
The Proposed Final Program makes available areas containing approximately 70% of the economically recoverable resources in the OCS. The vast majority of US offshore oil production occurs in the Gulf of Mexico. The Beaufort and Chukchi Seas planning areas in the Arctic are not included in the Proposed Final Program.
The most challenging issue facing the shale energy industry is the very low hydrocarbon recovery rates: less than 10% for oil and 20% for gas. Most of US natural gas is hidden deep within shale reservoirs. These insights help optimize strategies to boost natural gas production as well as better understand fluid mechanics.
One of the many charts available from the maps and data library on the AFDC site, this shows the number of light-duty alternative fuel vehicles (AFVs), hybrid electric vehicles (HEVs), and diesel models offered by vehicle manufacturers from 1991 through 2012. What if I convert my pickup trucks to run on natural gas or propane?”.
HyCOgen, Johnson Matthey’s Reverse Water Gas Shift technology, is a catalyzed process to convert green hydrogen and CO 2 into carbon monoxide (CO), which is combined with additional hydrogen to form synthesis gas (syngas), a crucial building block in the manufacture of fuels and chemicals.
Separately, Neste announced that it and ScanOcean have brought Neste’s co-processed marine fuel enabling lower greenhouse gas (GHG) emissions to the Swedish market. In the production of the fuel, crude oil is partly replaced with renewable raw materials. Co-processed fuel is available in Denmark and Finland. Neste Marine 0.1
Although discovered several decades ago, the Sakhalin-1 fields were not developed until new technologies became available as a result of successful partnership between Russian and international companies. ONGC Videsh Limited, India’s Oil and Natural Gas Corporation has 20% interest.
Transportation fuel mix in millions of oil-equivalent barrels through 2020. As more energy-efficient vehicle options become available, conventional gasoline and diesel engine vehicles will make up a smaller share of the fleet over time, down to around 50% in 2040. Source: ExxonMobil Outlook. Click to enlarge.
The Geothermal Energy from Oil and Gas Demonstrated Engineering (GEODE) initiative ( DE-FOA-0002632 ) solicits an administrator to establish and lead a consortium that will facilitate collaborative research, development, and demonstration (RD&D). The ultimate objective is to expand domestic geothermal deployment significantly.
Absolute greenhouse gas emissions from Canadian oil sands production were flat in 2022 even as total production grew, according to an initial analysis by S&P Global Commodity Insights. The Canadian oil sands have demonstrated a consistent trend of reductions in GHG intensity for the past decade.
The second quarter of 2020 will see the largest volume of liquids production cuts, including shut-in production, in the history of the oil industry, according to IHS Markit. The Great Shut-In, a rapid and brutal adjustment of global oil supply to a lower level of demand is underway. Obligation to deliver associated gas (i.e.
Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference.
By joining the IBM Quantum Network as an Industry Partner, bp will have access to IBM’s quantum expertise and software and cloud-based access to the most advanced quantum computers available via the cloud.
Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 This resumption of production may accelerate if WTI remains above $30 per barrel—a price that allows operators to cover their operating costs and that reflects improved storage availability. However, nearly 1.4
Together with its partner Nordic Marine Oil, Neste is piloting a new Neste Marine 0.1 Co-processed marine fuel in Scandinavia, a solution helping the maritime sector to reduce the greenhouse gas (GHG) emissions. Nordic Marine Oil specializes in the supply of bunker fuels and lubricating oil to the shipping industry.
This REY-rich mud has great potential as a rare-earth metal resource because of the enormous amount available and its advantageous mineralogical features. Deep sea oil and natural gas deposits are under strong pressure, which pushes the resources out once a hole drilled from the surface reaches them.
Suncor’s operations include oil sands development, production and upgrading, offshore oil and gas, and petroleum refining in Canada and the US. In addition, approximately 20% of the output could be used in the Alberta natural gas distribution system, also further reducing emissions. blue hydrogen”).
In a three-year Business Finland BioFlex project, VTT—the Finnish state-owned research agency—and partners are exploring how suitable fuel oils made from biomass and waste plastics are for power plants and ship diesel engines. We are also conducting experiments to examine the suitability of the oils for applications.
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