Green Car Congress

FEBRUARY 23, 2011

In January, Petrobras’s average oil and natural gas production in Brazil and abroad reached 2,661,843 barrels of oil equivalent per day (boed), 5.4% Fields in Brazil alone achieved average oil and gas output of 2,422,624 boed, a 6% increase on January last year. However, the January volume was 2.7%

Brazil 186

Brazil Oil Gas Bolivia 186

Green Car Congress

JULY 30, 2019

Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The second volume, the World Gas and Renewables Review , focused on natural gas and renewables sources (solar, wind and biofuels), will be published in autumn.

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Saudi Arabia Oil 2018 Global 170

Green Car Congress

OCTOBER 5, 2017

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 oil industry era, comes from none other than Brazil.

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Brazil Oil Argentina Oil Prices 150

Green Car Congress

JUNE 30, 2012

Petrobras announced that its average domestic and foreign oil and natural gas output in May was 2,601,223 barrels of oil equivalent per day (boed), up 1.9% Fields in Brazil produced an average 2,350,476 boed, a rise of 2% on the previous month’s output. Domestic output included 1,989,210 barrels/day of oil, up 1.4%

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Oil Gas Brazil Maintenance 240

Green Car Congress

MARCH 15, 2016

Shell and its joint venture announced the start of oil production from the third phase of the deep-water Parque das Conchas (BC-10) development in Brazil’s Campos Basin. The development is the first of its kind based fully on subsea oil and gas separation and subsea pumping.

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Brazil Water Nigeria Mexico 150

Green Car Congress

JANUARY 20, 2010

Petrobras’ average oil and natural gas production in Brazil in 2009 was 2,287,457 barrels of oil equivalent (boe), 5.1% Oil production only topped-out at the daily average of 1,970,811 barrels, a 6.3% Abroad, the average oil production was 140,576 barrels per day in 2009, 13.7% more than a year ago.

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Brazil 2009 Oil Production 170

Green Car Congress

AUGUST 23, 2012

Increased activity in the Exploration and Production (E&P) sector will be the primary driver in pushing oil and gas capital expenditure (capex) to $1.039 trillion for 2012, according to the latest report by business intelligence firm GlobalData. GlobalData predicts Asia-Pacific to follow very closely with a capex of $253.1

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Oil 2012 Oil-Sands Gas 210

Green Car Congress

SEPTEMBER 24, 2011

Galp Energia (10%), has opened up the Lula-Mexilhão gas pipeline. With a capacity to take off up to 10 million m 3 gas per day, the pipeline will transport gas produced in the Pre-Salt Cluster. Of strategic importance to Santos Basin logistics, the Mexilhão platform is the largest fixed production unit in Brazil.

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Brazil Gas Connected Connect 210

Green Car Congress

DECEMBER 30, 2011

Petrobras says that a new field, to be called Sapinhoá, in the offshore Brazil Guará area has an estimated total recoverable volume of 2.1 billion barrels of oil equivalent (boe). Block BM-S-9. Click to enlarge. Click to enlarge. The consortium also submitted the final Evaluation Plan Report for the area.

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Brazil Oil 2012 2008 210

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

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

DECEMBER 13, 2011

and SLC Agricola, an agribusiness company in Brazil, have expanded their agreement for the development of castor bean seeds as a cost-competitive feedstock for biofuels. This expansion follows successful completion of field trials for such varieties in northeast Brazil during 2011. Israel-based Evogene Ltd. Earlier post.)

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Brazil Israel Oil Commercial 236

Green Car Congress

FEBRUARY 20, 2023

With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company’s first deep-water platform in the GoM to employ a simplified, cost-efficient host design. Shell is the leading operator in the US Gulf of Mexico for oil and gas production. The Vito development is owned by Shell Offshore Inc.

Mexico 221

Mexico Design Suriname Argentina 221

Green Car Congress

APRIL 27, 2021

A recent update by The International Civil Aviation Organization (ICAO) now includes carinata as a renewable fuel feedstock for hydroprocessed esters and fatty acids (HEFA) sustainable aviation fuel (SAF) with a similar greenhouse gas (GHG) footprint as waste and residuals, such as used cooking oil, for the same fuel type. Data: ICAO.

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Fuel Waste Renewable Brazil 243

Green Car Congress

DECEMBER 16, 2014

Brazil’s fuels regulator, ANP, has cleared the way for the commercialization in Brazil of Amyris renewable jet fuel in blends of up to 10%. We meet the most rigorous performance requirements in the aviation industry and are now commercializing our product in Brazil as well as around the world.

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Brazil Renewable Fuel Oil Prices 199

Green Car Congress

NOVEMBER 5, 2011

Petrobras announced a new oil discovery in the extreme southwestern part of the Walker Ridge concession area, located in the US Gulf of Mexico ultra-deep waters. The discovery confirms the Lower Tertiary’s potential in this area. The Logan discovery. Click to enlarge.

Oil 186

Oil Brazil Gas Houston 186

Green Car Congress

NOVEMBER 13, 2013

China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Mobility and oil. Source: IEA.

Oil 275

Oil 2013 Energy Emissions 275

Green Car Congress

DECEMBER 13, 2010

GE intends to make an offer for 100% of Wellstream Holdings PLC, a leading engineer and manufacturer of high-quality flexible pipeline products for oil and gas transportation in the sub-sea production industry. It also will enhance GE’s ability to capitalize on growth in Brazil, Africa and Asia. billion ($1.3

Oil 170

Oil Gas Brazil Africa 170

Green Car Congress

MARCH 21, 2011

Among the statements and agreements emerging from President Obama’s official visit to Brazil and meeting with President Dilma Rousseff were overall support for the US supporting “ the rise of Brazil as a global power ” as well as an agreement to launch a Strategic Energy Dialogue between the two countries.

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Brazil Energy Obama United States 210

Green Car Congress

AUGUST 3, 2020

Anelise Lara, the head of Petrobras’ refining, announced that the company is ready to begin production of renewable diesel from soy or other edible oils at commercial scale. Petrobras has a technology patented since 2006 for the co-processing of vegetable oils using the process called HBIO ( Earlier post.)

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Renewable Diesel Production Oil 236

Green Car Congress

JANUARY 7, 2015

Responding to press articles saying that the collapse of the global oil price is threatening oil and gas production in the off-shore Brazil pre-salt layer, Petrobras countered that it is expanding its production capacity “in an economically viable manner.” On Tuesday, 6 January, the price for WTI crude closed at $47.93/bbl,

Oil 150

Oil Oil Prices Gas Production 150

Green Car Congress

JANUARY 10, 2015

In the third quarter of 2014, Petrobras surpassed ExxonMobil’s oil production, and is now the largest producer of liquid hydrocarbons among its publicly traded peers. Considering oil and natural gas, the company is now fourth in the ranking. in the case of Petrobras, and 1.5% in ConocoPhillips’ case.

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Oil Companies 2014 Brazil 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

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.

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Brazil Oil Gas 2017 150

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. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.

Oil Prices 268

Oil Prices Oil Price Carbon 268

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.

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Guyana Oil South America Suriname 150

Green Car Congress

SEPTEMBER 22, 2011

Petrobras has confirmed the presence of oil and gas accumulations in the ultra-deep waters of the Sergipe-Alagoas basin, after completing a lined well formation test in the BM-SEAL-11 concession in Block SEAL-M-426. Information obtained to date is sufficient to confirm the discovery of a new oil province in the Sergipe-Alagoas basin.

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Water Oil Brazil 2010 210

Green Car Congress

SEPTEMBER 13, 2014

Petrobras’ consolidated oil and natural gas production in Brazil and abroad reached 2,759 thousand barrels of oil equivalent per day (boed), rising 2.2% Petrobras’s domestic oil production increased by 2.7% Petrobras’s domestic oil production increased by 2.7% m³ of oil and 2,604,926.66 million m³/d.

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Oil Production Peru Gas 210

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 Click to enlarge.

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Brazil Production Spain Oil 210

Green Car Congress

JANUARY 31, 2010

Brazil is the world’s second largest producer of ethanol fuel and the world’s largest exporter. Together, Brazil and the United States lead the industrial production of ethanol fuel, accounting together for 89% of the world’s production in 2008.

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Iran Brazil 2008 United States 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. —Gary Martin, a Managing Director with Black & Veatch’s Oil & Gas business. Base One is anticipated to take three to four years to build. gigawatts of solar and onshore wind.

Hydrogen 308

Hydrogen Green Brazil Renewable 308

Green Car Congress

FEBRUARY 27, 2012

Statoil, operator Repsol Sinopec, and Petrobras have confirmed a high-impact discovery in the Pão de Açúcar prospect offshore Brazil. Statoil defines a high-impact well as offering a total of more than 250 million barrels of oil equivalent (boe), or 100 million boe net to Statoil. million cubic feet per day of gas.

Brazil 199

Brazil Angola Africa South America 199

Green Car Congress

JANUARY 1, 2014

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. billion barrels of oil equivalent, according to Cobalt. The discovery well encountered both a high liquids content gas interval and an oil interval.

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Angola Mexico Brazil 2013 220

Green Car Congress

MARCH 30, 2011

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.

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Obama Oil Gas-Electric Purchase 268

Green Car Congress

DECEMBER 16, 2013

Greenhouse gas (GHG) emission standards and CAFE standards increase new LDV fuel economy through model year 2025 and beyond, with more fuel-efficient new vehicles gradually replacing older vehicles on the road and raising the fuel efficiency of the LDV stock by an average of 2.0% per year, from 21.5 l/100 km) in 2012 to 37.2

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Oil Light Energy Vehicles 290

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 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.

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Mariner Oil Climate Change 2007 225