Green Car Congress

JULY 25, 2012

Shell has signed two offshore oil and gas Production Sharing Contracts (PSCs) with CNOOC, and a PSC amendment with CNPC for a new development phase for the Changbei gas field in China. Shell has also entered an agreement with CNOOC for its participation in two Shell exploration blocks offshore Gabon, West Africa.

Gabon 218

Gabon China Oil-Sands Gas 218

Green Car Congress

APRIL 4, 2011

A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Gas-flaring countries and trends. Click to enlarge.

Waste 260

Waste Gas Equatorial Guinea Gas-Electric 260

Green Car Congress

JULY 11, 2016

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) crude oil output surged 300,000 barrels per day (b/d) in June, close to an eight-year high of 32.73 —Eklavya Gupte, senior editor for S&P Global Platts. million b/d production capacity, but in early July Libya’s National Oil Corp.

Saudi Arabia 150

Saudi Arabia 2008 Iran Nigeria 150