Gas, Oil and Supplies

3 Oil Majors That Bet Big On Renewables

Green Car Congress

AUGUST 31, 2020

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

Oil Renewable Wind Gas-Electric

Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

Green Car Congress

AUGUST 20, 2019

Canadian researchers have developed a large-scale economical method to extract hydrogen from oil sands (natural bitumen) and oil fields. The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. Proton Technologies is commercializing the process.

Oil-Sands

Oil-Sands Oil Hydrogen Venezuela

IHS Markit: oil price collapse will change trajectory of North American gas supply

Green Car Congress

APRIL 8, 2020

The trajectory of North American gas supply is set to change radically as a result of the fall in oil prices that has occurred due to COVID-19 and the breakdown in production cooperation between OPEC and Russia, according to IHS Markit. Combined, the Bakken and Eagle Ford are producing nearly 3 MMbbl/d of oil and 7.2

Oil Prices

Oil Prices Oil Gas Supplies

EIA: Petroleum and natural gas will be the most-used fuels in the US through 2050

Green Car Congress

MARCH 18, 2022

In this case—which reflects only current laws and regulations—renewable energy is the fastest-growing energy source through 2050, while petroleum remains the largest share of energy consumption throughout that period, followed by natural gas. Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022).

Gas

Gas Fuel Gas-Electric Gasoline-Electric

Neste and CIM collaborate to supply sustainable aviation fuel to France to support SAF blending obligations

Green Car Congress

NOVEMBER 27, 2022

Neste and CIM, part of NOVEN Group in France, the leading independent French group of companies providing oil storage and supply services, are collaborating to enable the supply of Neste MY Sustainable Aviation Fuel into France.

France

France Supplies Fuel Waste

T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand

Green Car Congress

JULY 31, 2023

Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries. C carbon budget.

Oil

Oil Russia Saudi Arabia Ukraine

IHS CERA meta-analysis finds lifecycle GHG emissions for fuel produced solely from oil sands crude average 11% higher than from average crude refined in the US; high variability

Green Car Congress

NOVEMBER 15, 2012

Average values for WTW GHG emissions for oil sands and other crudes, tight boundary. When the oil sands products refined in the United States are considered—a mixture of oil sands and lower-carbon blending components—the GHG emissions are, on average, 9% higher than the average crude processed in the US.

Oil-Sands

Oil-Sands Oil Emissions United States

Equinor contracts for first green-ammonia-fueled supply vessel; 2MW SOFC

Green Car Congress

JANUARY 24, 2020

Norway-based energy company Equinor has contracted with Eidesvik Offshore for the Viking Energy supply vessel, which is being retrofitted to make it capable of covering long distances fueled by carbon-free ammonia. The vessel will transport supplies to installations on the Norwegian continental shelf (NCS). The Viking Energy.

Supplies

Supplies Fuel Green 2003

ONGC: Russia’s Sakhalin-1 oil output at 200,000 bpd

Green Car Congress

MAY 30, 2023

India’s state-run Oil and Natural Gas Corp (ONGC) said that oil output from the Sakhalin-1 project in Russia has returned to a plateau level of 190,000 - 200,000 barrels per day (bpd) from zero. In April 2023, Russia’s Rosneft offered dividend payments to OVL against its 20% stake, rather than equity oil.

Oil

Oil Russia India Ukraine

EIA expects continued high prices for diesel and home heating oils

Green Car Congress

NOVEMBER 9, 2022

The US Energy Information Administration (EIA) expects that low inventories of distillate fuels, which are primarily consumed as diesel fuel and heating oil, will lead to high prices through early 2023. Inventories are just one part of the supply equation for diesel and other distillates. EIA forecasts Russia will produce 9.3

Oil

Oil Diesel Price Russia

EIA expects US petroleum trade to shift toward net imports during 2022

Green Car Congress

FEBRUARY 20, 2022

In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA). million b/d. million b/d.

United States

United States Oil 2020 International

IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

Green Car Congress

MARCH 10, 2020

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

Oil

Oil 2020 Global Market

DOE to award up to $32M to reduce methane emissions from oil and gas sector

Green Car Congress

AUGUST 8, 2022

The US Department of Energy (DOE) announced up to $32 million in funding ( DE-FOA-0002616 ) toward the research and development of new monitoring, measurement, and mitigation technologies to help detect, quantify, and reduce methane emissions across oil and natural gas producing regions of the United States.

Oil

Oil Gas Emissions United States

IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

Green Car Congress

DECEMBER 12, 2021

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.

Price

Price Oil Asia Gas

Aemetis signs $3B, 10-year supply agreement for 450M gallons of renewable diesel with industry-leading travel stop company

Green Car Congress

DECEMBER 18, 2021

Aemetis, a renewable fuels company focused on negative carbon intensity products ( earlier post ), has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue. billion miles of heavy truck and cargo transportation.

Renewable

Renewable Diesel Supplies Industrial

DNV forecasts oil demand in transport sector to halve by 2050

Green Car Congress

MAY 8, 2023

Despite oil demand in the transport sector forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement. Conversely, the consumption of oil within aviation will be virtually flat to 2050, with hydrocarbons set to have a 60% share in the sector in the same year.

Oil

Oil Transportation Hydrogen North America

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

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). Other liquids refer to natural gas plant liquids (NGPL), biofuels (including biomass-to-liquids [BTL]), gas-to-liquids (GTL), coal-to-liquids (CTL), kerogen (i.e.,

Asia

Asia Transportation Oil-Sands Oil Prices

First hydrogen supply chain demonstration project using MCH to transport H2 starts

Green Car Congress

JUNE 30, 2020

This project is subsidized by the New Energy and Industrial Technology Development Organization (NEDO) and will conduct a demonstration operation for the construction of an international hydrogen supply chain. In the consumer country, hydrogen is extracted from MCH by a dehydrogenation reaction and supplied as hydrogen gas.

Brunei

Brunei Hydrogen Supplies Transportation

Siemens targeting Li-ion energy storage for marine and offshore oil and gas applications; 6MW system to West Mira rig

Green Car Congress

JANUARY 31, 2019

As part of a strategy to continue providing low-emissions solutions for harsh offshore operating environments, Siemens has opened a fully robotized and digitalized plant in Norway that will develop and manufacture energy storage technologies for both marine and offshore oil and gas applications.

Energy Storage

Energy Storage Mariner Li-ion Oil

Neste-led project verified 50% methane emission reduction at palm oil mills using belt filter press

Green Car Congress

MARCH 2, 2018

Crude palm oil is one of the more than ten renewable raw materials that Neste uses to produce a range of renewable products, including renewable diesel. Palm oil represents approximately 20% of Neste’s renewable raw material usage annually. Increased pressure is created as the belt passes over rollers which decrease in diameter.

Oil

Oil Emissions Malaysia Indonesia

“Dirty, Difficult, And Dangerous”: Why Millennials Won’t Work In Oil

Green Car Congress

JULY 22, 2017

Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry, oil and gas is facing more challenges in persuading the environmentally-conscious Millennials that oil is “cool”. labor force.

Oil

Oil Gas Industrial Industry

ABS grants Alfa Laval the marine industry’s first approval in principle (AIP) for firing boilers with methanol

Green Car Congress

DECEMBER 13, 2021

Alfa Laval offers a range of oil-fired and oil and exhaust gas-fired boilers for ships. The most natural choice for boilers is to fire them with the vessel’s primary fuel, but methanol’s low-flashpoint nature and the differences in its energy density require a new approach to the burner and fuel supply systems.

Mariner

Mariner Grant Oil Exhaust

IMO sub-committee moving forward on prohibiting carriage of high-sulfur fuel oil

Green Car Congress

FEBRUARY 10, 2018

The International Maritime Organization (IMO) Sub-Committee on Pollution Prevention and Response (PPR) has agreed to move forward with a prohibition on the carriage of high-sulfur fuel oil for use on board ships, when that fuel oil is not compliant with a new low-sulfur limit which comes into force from 2020. of MARPOL Annex VI.

Oil

Oil Fuel Pollution Mariner

Rystad Energy expects strong growth in hydrogen pipelines through 2035

Green Car Congress

APRIL 11, 2023

In cases where hydrogen will be shipped (as hydrogen or its derivatives), it will eventually be distributed on land using hydrogen pipelines, which makes transport via pipelines a critical transportation mode for the gas. Hydrogen pipelines are already used to supply industrial hubs (at petrochemical plants for example).

Hydrogen

Hydrogen Energy Europe Gas

Huge Backlog Could Trigger New Wave Of Shale Oil

Green Car Congress

JANUARY 23, 2019

That leaves a rather large backlog that could add a wave of new supply, even if the pace of drilling begins to slow. Some level of DUCs is normal, but the ballooning number of uncompleted wells has repeatedly fueled speculation that a sudden rush of new supply might come if companies shift those wells into production.

Oil

Oil Oil Prices 2019 Price

China’s first integrated methanol-to-hydrogen and hydrogen refueling service station now in operation

Green Car Congress

FEBRUARY 25, 2023

An upgrade from the previous fueling station offering oil, gas, hydrogen, electric charging services, the integrated complex can produce 1,000 kilograms of hydrogen a day, with a purity of 99.999%. Sinopec Fuel Oil Sales Co., 1 hydrogen energy enterprise, it has built nine hydrogen fuel cell supply centers across China.

Hydrogen

Hydrogen China Waste Oil

EIA: International demand will drive US production of petroleum and other liquids through 2050

Green Car Congress

APRIL 5, 2023

EIA projects that the United States will continue to be an integral part of global oil markets and a significant source of supply in these cases, as increased exports of finished products support US production. It also assumes the Brent crude oil price reaches $101 per barrel (b) (in 2022 dollars) by 2050.

International

International Oil Prices Production Oil

Cohort of new stakeholders joins Open Hydrogen Initiative

Green Car Congress

DECEMBER 28, 2022

Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. According to S&P Global Commodity Insights’ hydrogen outlook, global hydrogen demand grows from 70.4

Hydrogen

Hydrogen Insight Oklahoma Carbon

Neste to supply the Air France-KLM Group with more than 1M tons of Sustainable Aviation Fuel

Green Car Congress

OCTOBER 26, 2022

Neste will supply the Air France-KLM Group with more than 1,000,000 tons (approximately 1.26 Using Neste MY Sustainable Aviation Fuel reduces greenhouse gas emissions by up to 80% over the fuel’s life cycle compared to using fossil jet fuel. The agreement builds on SAF supply to the Air France-KLM Group which started in 2019.

France

France Supplies Fuel Waste

Global Clean Energy buys Bakersfield refinery for $40M, converting to produce renewable diesel

Green Car Congress

MAY 9, 2020

Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, California. Historically, the refinery has produced diesel from crude oil and has a capacity of 70,000 barrels per day. GCEH will immediately commence retooling the refinery to produce renewable diesel from organic feedstocks such as vegetable oils.

Renewable

Renewable Diesel Clean Cleaning

thyssenkrupp Steel, HKM and Port of Rotterdam jointly investigate setting up hydrogen supply chains

Green Car Congress

MAY 10, 2021

German steel companies thyssenkrupp Steel and HKM and the Port of Rotterdam will jointly investigate setting up international supply chains for hydrogen. Green hydrogen is a sustainable alternative to coal, oil and natural gas.

Hydrogen

Hydrogen Supplies Coal Stimulus

GECF: more than a quarter of 2050 natural gas supply untapped

Green Car Congress

NOVEMBER 2, 2020

Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference.

Turkmenistan

Turkmenistan Equatorial Guinea United Arab Emirates Gas

Nacero selects Topsoe’s TIGAS technology for gas-to-gasoline unit; reducing lifecycle carbon footprint up to 50%

Green Car Congress

APRIL 23, 2021

Nacero has licensed Topsoe TIGAS (Topsoe Improved Gasoline Synthesis) technology for its multi-billion USD natural-gas-to-gasoline facility in Penwell, Texas to produce 100,000 barrels per day of gasoline component ready for blending into US commercial grades. The captured CO 2 will be used for enhanced oil recovery.

Gasoline

Gasoline Turkmenistan Gas Carbon

EIA: Renewable diesel increasingly used to meet California’s Low Carbon Fuel Standard; 10.1% of total diesel supplied in 2Q18

Green Car Congress

NOVEMBER 15, 2018

Renewable diesel net supply to California’s fuel market has increased since the state’s Low Carbon Fuel Standard (LCFS) program went into effect in 2011, reaching 100 million gallons during the second quarter of 2018, or 10.1% of the total diesel supplied to California that quarter, according to the US Energy Information Administration (EIA).

Diesel

Diesel Renewable Carbon Standards

Achates near-zero heavy-duty opposed-piston diesel enters fleet service; compliant with 2027 NOx levels

Green Car Congress

APRIL 7, 2022

The cleaner engine is able to deliver ultra-low NO x by managing exhaust gas temperatures to ensure rapid catalyst light-off and by maintaining aftertreatment temperatures at optimum operating conditions in all driving conditions. It also uses existing components and supply chains.

Diesel

Diesel Fleet Peterbilt Eaton

Nacero to invest $6B in low- and zero-carbon fuels plant in PA; Nacero Blue and Nacero Green

Green Car Congress

NOVEMBER 3, 2021

The new manufacturing facility will produce low- and zero-lifecycle carbon footprint gasoline blendstock made from natural gas and renewable natural gas. Nacero Blue Gasoline is made from natural gas using renewable power and carbon capture. Nacero Green Gasoline is made from renewable natural gas and captured flare gas.

Carbon

Carbon Green Fuel Pennsylvania

EIA expects record global petroleum consumption in 2024, with lower crude oil prices

Green Car Congress

JANUARY 11, 2023

EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. Areas of uncertainty include Russian oil supply and OPEC production. per gallon in 2024.

Oil Prices

Oil Prices Oil Global Price

CARB approves 2022 Scoping Plan; aggressive targets for reductions in petroleum use, air pollution and greeenhouse gas emissions

Green Car Congress

DECEMBER 19, 2022

The California Air Resources Board last week approved the final proposed 2022 Scoping Plan ( earlier post ), a roadmap to reduce demand for petroleum by 94%, cut air pollution by 71%, reduce greenhouse gas emissions 85%, and reach carbon neutrality by 2045. Fuels: the energy source used to power vehicles and the facilities that produce them.

Pollution

Pollution Emissions Gas Gas-Electric

Westinghouse unveils AP300 small modular reactor for mid-sized nuclear technology

Green Car Congress

MAY 6, 2023

The AP300 will bring to bear a mature supply chain, constructability lessons learned, fast load-follow capabilities and proven O&M procedures and best practices from 18 reactor years of safe AP1000 operations. This brings licensing advantages and substantially reduces delivery risk for customers in the utility, oil & gas and industrial space.

Idaho

Idaho Hydrogen Clean Cleaning

California Governor orders end to fracking by 2024, instructs CARB to analyze pathways to phase out oil-production by 2045

Green Car Congress

APRIL 25, 2021

Additionally, Governor Newsom requested that the California Air Resources Board (CARB) analyze pathways to phase out oil extraction across the state by no later than 2045. California’s production of oil has been steadily dropping since 1985. According to the California Energy Commission, California oil represented 34.9%

Oil

Oil California Production Climate Change

Eni report: global oil reserves and oil production up in 2018 due to US

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.

Oil

Oil Saudi Arabia 2018 Global

Japanese, Russian companies partner on feasibility study of blue ammonia value chain between eastern Siberia & Japan

Green Car Congress

JANUARY 1, 2021

Irkutsk Oil Company (IOC), Japan Oil, Gas and Metals National Corporation (JOGMEC), and Itochu Corporation are partnering on a joint feasibility study of a blue ammonia value chain between eastern Siberia and Japan. Toyo Engineering Corporation and?Irkutsk Ammonia is liquefied under relatively mild conditions, i.e. -33 ?C

Japan

Japan Russia Companies Oil

JFE Steel, Emirates Steel and Itochu to study building supply chain for low-carbon ironmaking

Green Car Congress

SEPTEMBER 5, 2022

JFE Steel Corporation, Itochu Corporation and Emirates Steel Arkan, the largest steel company in the United Arab Emirates (UAE), will conduct joint detailed feasibility studies on the establishment of a supply chain of ferrous raw material for green ironmaking with low-carbon emission at the project site in Abu Dhabi.

United Arab Emirates

United Arab Emirates UAE Supplies Carbon

Hapag-Lloyd will use advanced biofuels for the transport of DHL shipments

Green Car Congress

JULY 8, 2022

Advanced biofuels are based on raw biological materials, such as used cooking oil and other waste products. This material is used to manufacture a fatty acid methyl ester (FAME) (biodiesel), which is then mixed with varying proportions of low sulfur fuel oil. —Danny Smolders, Managing Director Global Sales at Hapag-Lloyd.

Transportation

Transportation Mariner Oil Climate

3 Oil Majors That Bet Big On Renewables

Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

IHS Markit: oil price collapse will change trajectory of North American gas supply

EIA: Petroleum and natural gas will be the most-used fuels in the US through 2050

Neste and CIM collaborate to supply sustainable aviation fuel to France to support SAF blending obligations

T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand

IHS CERA meta-analysis finds lifecycle GHG emissions for fuel produced solely from oil sands crude average 11% higher than from average crude refined in the US; high variability

Equinor contracts for first green-ammonia-fueled supply vessel; 2MW SOFC

ONGC: Russia’s Sakhalin-1 oil output at 200,000 bpd

EIA expects continued high prices for diesel and home heating oils

EIA expects US petroleum trade to shift toward net imports during 2022

IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

DOE to award up to $32M to reduce methane emissions from oil and gas sector

IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

Aemetis signs $3B, 10-year supply agreement for 450M gallons of renewable diesel with industry-leading travel stop company

DNV forecasts oil demand in transport sector to halve by 2050

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

First hydrogen supply chain demonstration project using MCH to transport H2 starts

Siemens targeting Li-ion energy storage for marine and offshore oil and gas applications; 6MW system to West Mira rig

Neste-led project verified 50% methane emission reduction at palm oil mills using belt filter press

“Dirty, Difficult, And Dangerous”: Why Millennials Won’t Work In Oil

ABS grants Alfa Laval the marine industry’s first approval in principle (AIP) for firing boilers with methanol

IMO sub-committee moving forward on prohibiting carriage of high-sulfur fuel oil

Rystad Energy expects strong growth in hydrogen pipelines through 2035

Huge Backlog Could Trigger New Wave Of Shale Oil

China’s first integrated methanol-to-hydrogen and hydrogen refueling service station now in operation

EIA: International demand will drive US production of petroleum and other liquids through 2050

Cohort of new stakeholders joins Open Hydrogen Initiative

Neste to supply the Air France-KLM Group with more than 1M tons of Sustainable Aviation Fuel

Global Clean Energy buys Bakersfield refinery for $40M, converting to produce renewable diesel

thyssenkrupp Steel, HKM and Port of Rotterdam jointly investigate setting up hydrogen supply chains

GECF: more than a quarter of 2050 natural gas supply untapped

Nacero selects Topsoe’s TIGAS technology for gas-to-gasoline unit; reducing lifecycle carbon footprint up to 50%

EIA: Renewable diesel increasingly used to meet California’s Low Carbon Fuel Standard; 10.1% of total diesel supplied in 2Q18

Achates near-zero heavy-duty opposed-piston diesel enters fleet service; compliant with 2027 NOx levels

Nacero to invest $6B in low- and zero-carbon fuels plant in PA; Nacero Blue and Nacero Green

EIA expects record global petroleum consumption in 2024, with lower crude oil prices

CARB approves 2022 Scoping Plan; aggressive targets for reductions in petroleum use, air pollution and greeenhouse gas emissions

Westinghouse unveils AP300 small modular reactor for mid-sized nuclear technology

California Governor orders end to fracking by 2024, instructs CARB to analyze pathways to phase out oil-production by 2045

Eni report: global oil reserves and oil production up in 2018 due to US

Japanese, Russian companies partner on feasibility study of blue ammonia value chain between eastern Siberia & Japan

JFE Steel, Emirates Steel and Itochu to study building supply chain for low-carbon ironmaking

Hapag-Lloyd will use advanced biofuels for the transport of DHL shipments

Stay Connected