Green Car Congress

FEBRUARY 9, 2018

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. During 2017, proved additions at Upper Zakum in Abu Dhabi totaled more than 800 million barrels of crude oil. Exxon Mobil Corporation added 2.7 Resource Base.

2017 186

2017 Papua New Guinea Oil Guyana 186

Green Car Congress

NOVEMBER 26, 2019

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

Coal 243

Coal Clean Cleaning Financing 243

Green Car Congress

APRIL 18, 2012

USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources of the world. These new estimates are for conventional oil and gas resources only. Geological Survey (USGS) released today.

Oil 218

Oil Oil-Sands Gas Global 218

Green Car Congress

MARCH 21, 2021

When operational, Enegix Energy’s planned Base One facility in Ceará, Brazil will produce more than 600 million kilograms of green hydrogen annually. The highly ambitious new-build electrolysis facility will be powered entirely by renewable energy, initially 3.4 Base One is anticipated to take three to four years to build.

Hydrogen 308

Hydrogen Green Brazil Renewable 308

Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09

Oil Prices 268

Oil Prices Oil Price Carbon 268

Green Car Congress

MARCH 9, 2022

Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The recovery of energy demand in 2021 was compounded by adverse weather and energy market conditions—notably the spikes in natural gas prices—which led to more coal being burned despite renewable power generation registering its largest growth to date.

Emissions 370

Emissions Global Coal China 370

Green Car Congress

DECEMBER 15, 2017

Petrobras and ExxonMobil will evaluate areas of mutual interest that can bring together their world-class experience across all sectors of the oil and gas production value chain, including opportunities for cooperation in exploration, production, gas and chemicals both inside and outside Brazil.

Brazil 150

Brazil Oil Gas 2017 150

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.

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

JANUARY 7, 2018

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.

Guyana 150

Guyana Oil South America Suriname 150

Green Car Congress

DECEMBER 29, 2010

Spain-based Repsol and China-based Sinopec successfully closed the agreement reached in October to develop jointly the exploration and production of its Brazil offshore assets and to create one of the Latin America’s largest private energy companies. billion to Repsol Brazil, resulting in a company valued at $17.8

Brazil 210

Brazil Production Spain Oil 210

Green Car Congress

MARCH 30, 2011

Obama was delivering a speech on energy policy at Georgetown University. 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.

Obama 268

Obama Oil Gas-Electric Purchase 268

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.,

Estonia 236

Estonia Oil Cleaner Jordan 236

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

JULY 25, 2013

World energy consumption by fuel type, 2010-2040. The US Energy Information Administration’s (EIA’s) International Energy Outlook 2013 (IEO2013) projects that world energy consumption will grow by 56% between 2010 and 2040, from 524 quadrillion British thermal units (Btu) to 820 quadrillion Btu. Liquid fuels.

2010 317

2010 Transportation Fuel Energy 317

Green Car Congress

JANUARY 19, 2011

In both the base-case and a scenario with more aggressive environmental policies, CO 2 emissions from energy use remain well above the IEA 450 scenario. Non-OECD countries are seen to rapidly increase their share of overall energy demand from just over half currently to two-thirds. Click to enlarge.

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

DECEMBER 10, 2014

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040.

Energy 252

Energy Global 2010 Oil-Sands 252

Green Car Congress

DECEMBER 5, 2022

Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.

Hydrogen 397

Hydrogen Renewable Europe Green 397

Green Car Congress

JANUARY 1, 2014

Earlier in December, Cobalt International Energy announced a significant discovery at its Lontra well in the pre-salt play offshore Angola, in which BP holds a 30% interest. BP also confirmed the recently-announced Pitu oil discovery in the frontier deepwater of the Potiguar basin off Brazil’s equatorial margin, announced by Petrobras.

Angola 220

Angola Mexico Brazil 2013 220

Green Car Congress

JULY 28, 2014

In a new report ( Transportation Forecast: Global Fuel Consumption ), Navigant Research forecasts total road transportation energy consumption will grow from 81.1 The United States is currently the largest consumer of energy in the road transportation sector, with nearly 23.1 of total energy consumption by 2035.

Transportation 255

Transportation Global Fuel Alternative Fuels 255

Green Car Congress

MAY 30, 2019

ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. In Brazil, the company has acquired 2.3

Papua New Guinea 191

Papua New Guinea Emissions Carbon Guyana 191

Green Car Congress

SEPTEMBER 19, 2012

GE Oil & Gas and Brazilian energy company Petrobras have signed the world’s largest subsea wellhead production contract, worth nearly US$1.1 This includes the delivery of approximately 380 subsea wellhead systems and installation tools needed in oil well exploration; more than 75% of the parts will be made in Brazil.

Brazil 231

Brazil Oil Installation 2009 231

Green Car Congress

FEBRUARY 16, 2021

Global oil and gas major Shell has outlined how it will achieve its target to be a net-zero emissions energy business by 2050, in step with society’s progress towards achieving net zero. This target covers the emissions from its operations and the emissions from the use of all the energy products it sells.

Production 191

Production Fuel Oil Carbon 191

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

MARCH 12, 2010

Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 Devon and BP will also form a heavy oil joint venture to develop BP’s Kirby oil sands leases in Alberta, Canada. billion in cash. BP group chief executive Tony Hayward.

Oil-Sands 186

Oil-Sands Oil Azerbaijan Energy 186

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

OCTOBER 19, 2015

EPA uses lifecycle analysis to assess the overall greenhouse gas (GHG) impacts of a fuel throughout each stage of its production and use. EPA also received a separate petition from Plant Oil Powered Diesel Fuel Systems, Inc.,

EPA 150

EPA Diesel Brazil Mexico 150

Green Car Congress

JUNE 16, 2014

UOP LLC, a Honeywell company, announced that Honeywell Green Jet Fuel produced from its UOP Renewable Jet Fuel process will power 200 commercial flights on GOL Airlines during the 2014 FIFA World Cup in Brazil. The Honeywell Green Jet Fuel was made from inedible corn oil and used cooking oil.

Green 218

Green Brazil Supplies Fuel 218

Green Car Congress

JUNE 16, 2014

UOP LLC, a Honeywell company, announced that Honeywell Green Jet Fuel produced from its UOP Renewable Jet Fuel process will power 200 commercial flights on GOL Airlines during the 2014 FIFA World Cup in Brazil. The Honeywell Green Jet Fuel was made from inedible corn oil and used cooking oil.

Green 199

Green Brazil Supplies Fuel 199

Green Car Congress

JUNE 16, 2014

UOP LLC, a Honeywell company, announced that Honeywell Green Jet Fuel produced from its UOP Renewable Jet Fuel process will power 200 commercial flights on GOL Airlines during the 2014 FIFA World Cup in Brazil. The Honeywell Green Jet Fuel was made from inedible corn oil and used cooking oil.

Green 199

Green Brazil Supplies Fuel 199

Green Car Congress

JUNE 26, 2010

Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT.

MIT 240

MIT Coal Gas Emissions 240

Green Car Congress

JUNE 23, 2011

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.

Chevron 244

Chevron Oil Oil-Sands Production 244

Green Car Congress

AUGUST 31, 2011

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.

2010 256

2010 Brazil Global Argentina 256

Green Car Congress

DECEMBER 5, 2012

The US Energy Information Administration released its Annual Energy Outlook 2013 (AEO2013) Reference case (the Early Release ), which highlights a growth in total US energy production that exceeds growth in total US energy consumption through 2040. Domestic oil production will rise to 7.5 Click to enlarge.

Fuel 225

Fuel Energy Sale 2013 225

Green Car Congress

DECEMBER 11, 2009

A new report from Pike Research forecasts that the global natural gas vehicle (NGV) sector is poised for a new period of growth. Conversely, in Pakistan, Argentina, Brazil, Iran, and India—the top five markets for NGVs—there are a variety of light-duty NGVs available. Energy security. Tags: Natural Gas. million in 2008.

2015 268

2015 Gas Fleet Global 268

Green Car Congress

DECEMBER 18, 2013

The California Air Resources Board (ARB) staff has posted six new Low Carbon Fuel Standard (LCFS) pathway applications to the LCFS public comment web site: corn ethanol; molasses ethanol (from Brazil); palm fatty acid distillates (PFAD) to biodiesel; and landfill gas to LNG, L-CNG, and CNG. Earlier post.) Raizen Energia S.A.

Oil 247

Oil Gas California Gas-Electric 247

Green Car Congress

JUNE 11, 2010

The MoU follows the Peregrino-transaction where Sinochem bought a 40% share in the oil field offshore Brazil. The companies said that the MoU underlines their desire jointly to investigate further opportunities in Brazil and elsewhere. Statoil is an international energy company headquartered in Norway. Earlier post.).

Brazil 170

Brazil 2003 Africa Oil 170

Green Car Congress

NOVEMBER 13, 2010

The global natural gas vehicle fleet has grown rapidly in the last 10 years, but still represents less than 1% of global transport fuel consumption. gas sources, such as biogas or bio-synthetic gas. gas sources, such as biogas or bio-synthetic gas. Click to enlarge.

Gas 207

Gas Transportation CO2 Global 207