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3 Oil Majors That Bet Big On Renewables

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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

Oil 418
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Study finds total greenhouse gas footprint of blue hydrogen “quite high” due to fugitive methane

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“Blue” hydrogen—produced through steam methane reforming (SMR) of natural gas or coal gasification, but with CO 2 capture and storage—is being described as having low or zero carbon emissions. For our default assumptions (3.5% Even if true though, the use of blue hydrogen appears difficult to justify on climate grounds.

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USGS releases new estimates of reserve growth for US conventional oil and gas

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The US Geological Survey (USGS) has released a new estimate—based on a new methodology—for potential additions to domestic oil and gas reserves from reserve growth in discovered, conventional accumulations in the United States. These estimates were made using a new assessment methodology developed by the USGS.

Oil 236
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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.). —Dr.

Oil-Sands 314
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Catalytic cracking of vegetable oil sludge to produce biohydrocarbons

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Researchers in Viet Nam and Belgium have developed a catalytic cracking process to convert vegetable oil sludge to renewable hydrocarbon fractions. Vegetable oil sludge is a major byproduct of vegetable oil factories, and consists of triglycerides (61%), free fatty acid (37%) and impurities (2%). 2010.10.060.

Oil 275
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Oil sands GHG lifecycle study using operating data finds lower emitting oil sands cases outperform higher emitting conventional crude cases; a call for more sophisticated tools and reporting

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Well-to-wheel (WTW) greenhouse gas emissions for in situ SAGD and surface mining pathways generated employing GHOST/TIAX/ GHGenius combination and comparison with SAGD, mining and conventional crude oil literature pathways (all results are on a HHV basis). 74% of WTW emissions in our oil sands pathways. Click to enlarge.

Oil-Sands 287
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PNNL study finds algal oil could replace 17% of US petroleum oil imports

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A new Pacific Northwest National Laboratory (PNNL) study shows finds that oil from algae grown in outdoor raceway ponds located in the Gulf Coast, the Southeastern Seaboard and the Great Lakes could replace 17% of the United States’ imported oil for transportation. That’s 17% of the petroleum that the U.S.

Oil 281