Green Car Congress

JULY 3, 2013

Rosneft’s President and Chairman of the Management Board Igor Sechin and Venezuelan Oil Minister and PDVSA President Rafael Ramirez, in the presence of the President Vladimir Putin, signed a cooperation agreement for implementation of offshore projects in Venezuela. Total reserves are estimated at 21 trillion cubic feet.

Venezuela 170

Venezuela Gas Russia Oil 170

Green Car Congress

JANUARY 7, 2018

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. billion recoverable oil-equivalent barrels. Wood Mackenzie currently expects around 350,000-400,000 b/d of oil production (just oil, not factoring in natural gas) by 2026 from there.

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Guyana Oil South America Suriname 150

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 388

Oil-Sands Oil Emissions United States 388

Green Car Congress

FEBRUARY 25, 2016

But these are just the costs of lifting oil out of the ground. State-owned oil companies often have many more responsibilities than just producing oil. It’s hard to measure costs when this oil has to pay for all the luxuries of the Saudi royal family. Venezuela is already on its knees.

Saudi Arabia 150

Saudi Arabia Oil Oil-Sands Iraq 150

Green Car Congress

OCTOBER 11, 2013

The Venezuelan state oil company, Petroleos de Venezuela, SA (PdVSA), has signed agreements with two major Indian energy companies, Reliance and OVL, for work in Venezuela’s Orinoco heavy oil belt. Reliance Industries Limited (RIL) and PDVSA signed a Joint Study Agreement for Ayacucho Block 8 in Orinoco Oil Belt.

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Venezuela Oil Corporation Gas 231

Green Car Congress

NOVEMBER 27, 2013

miles) long and consists of two lines, one 8" in diameter that will transport diluting agent to the field, and another 12" in diameter that will transport diluted heavy oil to the nearby processing facilities of PDVSA. Eni has been present in Venezuela since 1998. billion barrels of oil equivalent). The pipeline is 25 km (15.5

Venezuela 210

Venezuela Oil Gas Transportation 210

Green Car Congress

AUGUST 12, 2015

Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. This could eventually result in refiners cutting their crude oil imports.

Oil Prices 150

Oil Prices Saudi Arabia Oil Price 150

Green Car Congress

JULY 24, 2012

The Venezuelan national petroleum company Petróleos de Venezuela, S.A. According to Oil and Gas Journal (OGJ), Venezuela had 211 billion barrels of proven oil reserves in 2011, the second largest the world. Heavy crude oil processing units to be placed at El Palito Refinery include: Atmospheric Distillation.

Venezuela 225

Venezuela Oil Japan Engine 225

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

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.”

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

DECEMBER 9, 2011

Rosneft, the leader of Russia’s petroleum industry and majority owned (75.6%) by the state, and PDVSA, Venezuela’s state-owned oil and gas company, have signed a tentative memorandum of understanding (MoU) to set up a joint venture to develop heavy crude oil reserves in Venezuela as part of the Carabobo-2 project.

Venezuela 170

Venezuela Oil Commercial 2015 170

Green Car Congress

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Venezuela, an OPEC member, has even proposed an emergency summit meeting. per barrel oil in 2015 and 2016 respectively, while the October projections are based $51.62 and $65.65 respectively.

Russia 150

Russia Oil Saudi Arabia Market 150

Green Car Congress

JULY 28, 2015

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. As if being the world’s biggest exporter of oil was not enough, the desert kingdom is now looking to conquer the refining sector as it has quickly become the fourth largest refiner in the world.

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

JANUARY 26, 2011

Hovensa LLC, a joint venture between subsidiaries of Hess Corporation and Petroleos de Venezuela, S.A., Hovensa is one of the 10 largest refineries in the world and has the capacity to refine more than 525,000 barrels of crude oil per day. Hovensa LLC became the owner and operator of the former Hess Oil Virgin Islands Corp.

Virgin Islands 199

Virgin Islands Clean Cleaning Pollution 199

Green Car Congress

SEPTEMBER 29, 2012

Russian oil and gas major Rosneft, 75% owned by the government, will invest $16 billion in a planned joint venture project with Venezuela’s state oil and gas company PDVSA to develop the Carabobo 2 block in the southern Orinoco extra-heavy crude belt in Venezuela, according to Rosneft CEO Igor Sechin.

Venezuela 257

Venezuela Oil Oil-Sands Gas-Electric 257

Green Car Congress

JANUARY 19, 2012

Argentina and Venezuela will form a joint venture targeting production of 100,000 barrels of extra-heavy oil per day in the Junin field area of the Orinoco Oil Belt. The US Geological Survey (USGS) characterizes extra-heavy oil as having an API gravity of less than 10°. billion project will also include a refinery.

Venezuela 210

Venezuela Argentina Oil Oil-Sands 210

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 375

Oil-Sands Oil Hydrogen Venezuela 375

EV Info

SEPTEMBER 23, 2021

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Gas is the only answer. Climate Change.

Power 52

Power Powered Wind Coal 52

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

MARCH 30, 2016

Just over three months after the authorities lifted the four-decade ban on crude oil exports, the US has actually exported less this year than it did over the same period the year before, when the ban was still in place. crude oil export volumes since the beginning of this year. oil, according to a Reuters source. Census Bureau.

Oil 150

Oil Venezuela France Asia 150

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

JULY 10, 2015

A team at the University of Calgary (Canada) has compared the energy intensities and lifecycle GHG emissions of unconventional oils (oil sands and oil shale) alongside shale gas, coal, lignite, wood and conventional oil and gas. How does this relate to the life cycle greenhouse gas (GHG) emissions intensity?

Oil-Sands 150

Oil-Sands Oil Energy Fuel 150

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.

Oil 247

Oil Transportation Cheap Energy 247

Green Car Congress

OCTOBER 6, 2015

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

MAY 24, 2013

Russian oil and gas major Rosneft, 75% owned by the government, and the Venezuelan Corporacion Venezolana del Petroleo (CVP), a subsidiary of PDVSA, signed an agreement to create a joint venture to develop heavy oil reserves in Venezuela in the framework of the Carabobo-2 project. oil sands). Earlier post.

Oil 186

Oil Oil-Sands Venezuela Canada 186

Green Car Congress

AUGUST 24, 2011

Petróleos de Venezuela SA (PDVSA) and PetroChina recently signed the Project for Development and Establishment of a joint venture to realize the future development of the Nanhai refinery. Oil and Gas Journal (OGJ) pegged Venezuela’s 2011 reserves at 211 billion barrels, up from 99.4 billion barrels the year before.

Saudi Arabia 186

Saudi Arabia Venezuela Oil Oil-Sands 186

Green Cars News

JULY 13, 2009

transportation system will decrease America’s dependence on foreign oil, increase employment, and reduce the environmental impact of transportation emissions. million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela. dependence on foreign oil an achievable goal. .

Electric Cars 42

Electric Cars Sale Cars Gasoline-Electric 42

Green Car Congress

AUGUST 26, 2011

Comparison of the percent differential for WTW (well-to-wheel) GHGs from gasoline produced from WCSB oil sands using different production processes relative to gasoline produced from reference crudes. The proposed Project is not likely to impact the amount of crude oil produced from the oil sands. Source: FEIS, Appendix V.

Oil-Sands 253

Oil-Sands Emissions Oil Oklahoma 253

Drive Electric

AUGUST 9, 2022

In fact, our high levels of renewable energy mean the benefits from reducing EV emissions are greater than in most other countries and in some cases would produce 80% fewer greenhouse gas emissions. The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. THE BOTTOM LINE.

Environment 98

Environment Electric Vehicles New Zealand Vehicles 98

Drive Electric

AUGUST 9, 2022

In fact, our high levels of renewable energy mean the benefits from reducing EV emissions are greater than in most other countries and in some cases would produce 80% fewer greenhouse gas emissions. The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. THE BOTTOM LINE.

Environment 52

Environment Electric Vehicles New Zealand Vehicles 52