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ExxonMobil to proceed with $9B Payara development offshore Guyana

Green Car Congress

ExxonMobil has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. Ten drill centers are planned along with up to 41 wells, including 20 production and 21 injection wells. As new projects proceed, investment in the Guyana economy increases.

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ExxonMobil makes final investment decision on fourth Guyana offshore project; $10B for Yellowtail development

Green Car Congress

ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. Yellowtail production from the ONE GUYANA floating production storage and offloading (FPSO) vessel will develop an estimated resource of more than 900 million barrels of oil.

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Tesla Model 3, Model X are Google’s Most Searched for EVs globally

Teslarati

The Tesla Model 3 sedan and the Tesla Model X SUV are Google’s most searched for electric vehicles globally, according to new data from a price comparison website. One of the most notable is China, which has been a hot spot for Tesla’s expanding global footprint thanks to the rollout of the Model 3 and Model Y.

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ExxonMobil evaluating significant near-term capital and operating expense reductions; COVID-19

Green Car Congress

Woods the had also outlined progress on key projects that support ExxonMobil’s growth plans, including: In Guyana, the estimated gross recoverable resource from the Stabroek Block increased to more than 8 billion oil-equivalent barrels, in part as a result of six additional discoveries made in 2019 and 2020.

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ExxonMobil seeking to boost growth, continue work on lower-emissions technologies including biofuels and carbon capture

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During the meeting, Woods highlighted progress on major upstream projects that are expected to help increase production to about 5 million oil-equivalent barrels per day by 2025. Those projects include plans to increase production in the Permian Basin to 1 million oil-equivalent barrels per day by 2024. —Darren Woods.

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EIA expects new production milestones for US crude oil amid sustained global petroleum demand and rising prices

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The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 million b/d, with 1.2

Oil 370
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Study links PM2.5 pollution to increased risk of diabetes; even low levels pose risk

Green Car Congress

pollution—even at levels deemed safe—to an increased risk of diabetes globally. Our research shows a significant link between air pollution and diabetes globally. million new diabetes cases globally in 2016—about 14% of all new diabetes cases globally that year. Louis and the Veterans Affairs (VA) St.

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