Green Car Congress

APRIL 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

MAY 26, 2023

Higher crude prices and continued optimization improvements have driven the first upward revision to the S&P Global Commodity Insights 10-year oil sands production outlook in more than half a decade. Higher oil prices have driven record returns for the Canadian oil sands.

Oil-Sands 221

Oil-Sands Insight Oil Global 221

Green Car Congress

JANUARY 19, 2011

However, both cases result in global CO 2 emissions well above the IEA 450 scenario—a back-cast which illustrates what is required to stabilize greenhouse gas concentrations at 450 ppm. OECD oil demand peaked in 2005 and in 2030 is projected to be roughly back at its level in 1990. Coal will increase by 1.2%

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

Oil 207

Oil Oil-Sands Fuel Economy Transportation 207

Green Car Congress

OCTOBER 25, 2009

The five different fuel groups were those derived: from conventional petroleum; from unconventional petroleum; synthetically from natural gas, coal, or combinations of coal and biomass via the FT process; renewable oils; and alcohols. million bpd. Reduced GHG impact. For CTL, life-cycle GHG emissions would roughly double.

MIT 250

MIT Oil-Sands Commercial Available 250

Green Car Congress

MAY 27, 2009

The IEO2009 reference case does not include specific policies to limit greenhouse gas emissions. World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. billion metric tons in 2006 to 33.1

2006 150

2006 Emissions Energy Oil-Sands 150

Green Car Congress

OCTOBER 23, 2014

The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. There are now 1,590 active oil rigs, the lowest level in six weeks.

Oil Prices 247

Oil Prices Oil Saudi Arabia Oil-Sands 247

Green Car Congress

SEPTEMBER 20, 2011

World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

JUNE 12, 2014

However, the new forecast represents a slowing of future oil sands production growth compared to the predictions of last year’s forecast. According to CAPP’s 2014 Crude Oil Forecast, Markets and Transportation , total Canadian crude oil production will increase to 6.4 CAPP forecast. Click to enlarge. In 2013, 1.9

Oil-Sands 199

Oil-Sands Oil Production 2013 199

Green Car Congress

MARCH 2, 2013

The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.

Climate Change 250

Climate Change Oil-Sands Nebraska Climate 250

Green Car Congress

SEPTEMBER 10, 2014

Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). oil shale), and refinery gain. OPEC oil producers are the largest source of additional liquid fuel supply between 2010 and 2040.

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

FEBRUARY 25, 2010

Canadian Oil Sands Trust, the largest stakeholder (36.74%) in the Syncrude oil sands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now. Marcel Coutu, Canadian Oil Sands’ President and CEO.

Oil-Sands 199

Oil-Sands Oil 2020 Canada 199

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

AUGUST 15, 2010

Examples of emerging oil sands related technologies and trade-offs. The paper is an examination of how various choices about the scale of the life cycle analysis applied to oil sands (i.e., The source material is neither oil nor tar but bitumen, but is most generally described as an example of ultraheavy oil.”.

Oil-Sands 225

Oil-Sands Oil Emissions Coal 225

Green Car Congress

MAY 24, 2009

Oil sands supply chain. A new report from the Council on Foreign Relations (CFR)— The Canadian Oil Sands: Energy Security vs Climate Change — claims that prudent greenhouse gas regulations can limit emissions from Canadian oil sands while still enabling robust development of the energy resource.

Oil-Sands 150

Oil-Sands Climate Change Oil Climate 150

Green Car Congress

NOVEMBER 9, 2019

The Government of Alberta, Canada, is now allowing curtailed operators to drill new conventional oil wells without being restricted by production limits. Oil production in Alberta in September 2019 was 16.75 Non-conventional (or oil sands) production, which constituted 83.8% —Sonya Savage, Minister of Energy.

Oil 150

Oil Oil-Sands 2019 Oil Prices 150

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 9, 2013

The proposed Keystone XL pipeline for transporting oilsands-derived crude to Gulf Coast refineries would have “ no material impact ” on US greenhouse gas (GHG) emissions, according to a new Insight report by IHS CERA. This indicates that oil sands can grow using rail; it is already happening. Earlier post.). Earlier post.).

Venezuela 275

Venezuela Oil-Sands Oil Canada 275

Green Car Congress

JUNE 20, 2012

However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. Earlier post.). Unless addressed, pipeline security issues will impede investment in Turkey, Bartis suggested.

Oil-Sands 225

Oil-Sands Price Turkey Fuel 225

Green Car Congress

JUNE 12, 2015

The financial pages of Canadian newspapers have been full of headlines lately announcing the potential of two large shale oil fields in the Northwest Territories said to contain enough oil to rival the Bakken Formation of North Dakota and Montana. billion barrels. enthused the Financial Post.

Oil-Sands 150

Oil-Sands Oil North Dakota Oil Prices 150

Green Car Congress

JULY 19, 2012

Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. Treat all crude oils as part of the overall pool of transportation fuels. We did not shy away from controversy. We are not advocates.

Carbon 247

Carbon Oil-Sands Standards Design 247

Green Car Congress

OCTOBER 17, 2009

World production of fossil fuels—oil, coal, and natural gas—increased 2.9% million tons of oil equivalent (Mtoe) per day, according to a Worldwatch Institute analysis. Energy prices reflected this shift: oil peaked at $144 per barrel in July, then fell to $34 per barrel in December. Oil production reached 10.7

2008 150

2008 Oil-Sands Production Fuel 150

Green Car Congress

FEBRUARY 3, 2010

California’s LCFS also would have little or no impact on GHG emissions nationwide and would harm our nation’s energy security by discouraging the use of Canadian crude oil—our nation’s largest source of crude—and ethanol produced in the American Midwest. By regulating the fuel pathway of transportation fuels—i.e., NPRA President Charles T.

California 199

California Oil-Sands Oil 2005 199

Green Car Congress

MAY 22, 2020

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 The oil market fear that characterized March and the extreme price pressure that producers felt in April have galvanized producers across North America into unprecedented action. However, nearly 1.4

Oil 186

Oil Canada Oil-Sands Production 186

Green Car Congress

MARCH 8, 2016

Sustainable Development Technology Canada (SDTC) is awarding Nsolv $13 million in grant funding to commercialize its field-tested, proprietary warm solvent technology for in situ heavy oil extraction without the use of steam. The oil is sent to refineries for further processing. Coke-forming asphaltenes are sequestered.

Oil 150

Oil Commercial Emissions Water 150

Green Car Congress

NOVEMBER 10, 2015

Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. Drilling oil and gas wells requires a lot of money. For companies that have seen their revenues vanish because of collapsing oil prices, access to credit is obviously critically important.

Oil 150

Oil Climate Gas Industry 150

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Find investors, resumes, and free research Get Cleantech Blog in your email Enter your email address: Subscribe in a reader Join us on Linked In Follow us on Twitter Join us on Facebook GHGBlog.com - The Greenhouse Gas Blog Loading. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. Email Neal.

Grid 28

Grid Electric Vehicles Vehicles Oil-Sands 28