Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). The oil market is at a crossroads.

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Oil Oil-Sands Global Oil Prices 255

Green Car Congress

SEPTEMBER 18, 2015

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. OPEC and US crude oil production.

Oil 150

Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

Oil 150

Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

JULY 30, 2017

A new class of materials which are suitable agents for displacing oil in enhanced oil recovery operations has been developed by scientists at Swansea University (UK) and scientists at Islamic Azad University in Iran. There, they used a 5-spot glass micromodel to evaluate the suitable agents for oil displacing in EOR.

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Iran Oil Oil-Sands Universal 150