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Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact globaloil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “
CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.
Petrochemicals are rapidly becoming the largest driver of globaloil demand. Petrochemicals are set to account for more than a third of the growth in world oil demand to 2030, and nearly half the growth to 2050, adding nearly 7 million barrels of oil a day by then. Source: IEA.
The US Department of Energy (DOE) selected the National Alliance for Water Innovation (NAWI) to lead a US Department of Energy (DOE) Energy-Water Desalination Hub that will address water security issues in the United States. This suite of technologies will treat “non-traditional” water sources for multiple end-use applications.
Based on visual interpretation of high-resolution (30 m) satellite images, a new study in the journal Global Change Biology: Bioenergy determined that industrial plantations covered over 3.1 When peat swamps are drained for agriculture, the peat begins to decompose, and is an enormous source of carbon emissions. —Miettinen et al.
The new Duramax engine was engineered in Europe and the US, with global application as one of its developmental objectives. —Nicola Menarini, Global Chief Engineer, GM Powertrain. Water-cooled turbo. An improved and redesigned cylinder head has a larger exhaust port and water passage to enhance cooling efficiency.
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 globaloil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.
bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. Argos is the centerpiece of bp’s Mad Dog Phase 2 project, which extends the life of the super-giant oil field discovered in 1998. Earlier post.) bp is the operator with 60.5%
In an EU-funded research project, an international consortium is aiming to develop new production methods for sustainable marine fuels to replace heavy fuel oils in shipping. However, HFOs are banned in the national waters of many countries. Although cleaner fuels are available, many companies opt for HFOs due to their low cost.
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. A belt filter dewaters by applying pressure to solids to squeeze out the water.
Benthic, a global geosciences company, broke its own water depth record using the Portable Remotely Operated Drill unit 3 (PROD3) seabed drill. Benthic reestablished its headquarters in Houston, Texas in January of 2013 under Benthic USA LLC to be closer to the worldwide Oil and Gas customer base, transferring from Sydney, Australia.
Westinghouse Electric Company launched its newest nuclear technology, the AP300 small modular reactor (SMR), a 300-MWe (900MWth) single-loop pressurized water reactor. The AP300 SMR is an ultra-compact, modular-constructed unit that leverages the innovation and operational knowledge of the global AP1000 fleet.
Aker Solutions is already a leading supplier to oil and gas companies globally and will continue to maintain this market position. The blue crude process will use renewable electricity, water and CO 2 as feedstocks. The process starts when water vapor is broken down into hydrogen and oxygen.
We expect low-carbon fuel policies to continue to expand globally and drive demand for renewable fuels, and to that end, we are applying our liquid fuels expertise to continue to expand our long-term competitive advantage in low-carbon transportation fuels with the expansion of DGD. billion pounds of used cooking oil annually.
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%. China produces the most methanol in the world, accounting for 60% of the global total. Sinopec Fuel Oil Sales Co.,
The DOE’s Pacific Northwest National Laboratory (PNNL) and its licensee Moselle Technologies , have won two Cooperative Research and Development Awards (CRADA) and a 2021 DOE Advanced Manufacturing Office award to advance the process of using magnetic nanoparticles for capturing strategically important elements from water sources.
Results from a new modeling assessment of contamination in the Athabasca Oil Sands Region (AOSR) suggest that officially reported emissions of polycyclic aromatic hydrocarbons (PAHs) in that region have been greatly underestimated. Accounting for evaporative emissions (e.g., —Parajulee and Wania. Source: Parajulee and Wania.
Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.
Arbios Biotech, a joint venture between Licella and Canfor ( earlier post ), and Shell Catalysts & Technologies (SC&T), have formed a new global alliance aimed at utilizing SC&T’s upgrading technology capability in the pursuit of a low-carbon intensity, circular-economy-focused biorefinery.
To reduce the number of accidents in the globaloil and gas industry caused by damaged pipelines, University of Houston researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. When larger spills happen, pipelines are often the culprit.
So far, renewable diesel and jet fuels are mainly derived from plant oils, but the EU Renewable Energy Directive limits the use of biofuel from food and feed crops since they do not meet sustainability requirements when produced at large scale. —project coordinator Valentin Batteiger of Bauhaus Luftfahrt (Germany).
CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation. Canada-based Carbon Engineering Ltd. (CE) since 2015. since 2015.
Texas is famous the world over for two things on a massive scale: oil and droughts. Now the slick but dry state is becoming famous for water: that precious element that both resolves the drought problem and also makes it possible to pump more oil out of the ground. A Water Revolution Takes Root.
Second, LNG is, and has been, less expensive than MGO and is now in some regions cheaper than heavy fuel oil (HFO). Moreover, to comply with IMO’s 2020 global sulfur limit, ships must either switch from HFO to more expensive very low sulfur fuel oil (VLSFO) or use HFO with a scrubber, if they have one installed. Olmer et al.
The ability to produce aviation-grade fuel from oil derived from wood waste—which up until now has been difficult due to the high viscosity of the oil—could help international aviation companies comply with new emissions regulations scheduled to go into effect in 2027. Lignin constitutes 20 to 40 percent of lignocellulose.
Livestock were the single largest source of methane gas emissions in the United States in 2004, releasing 70% more into the atmosphere than the oil and gas industry as estimated by other inventories, according to a new study by a team from Harvard University, JPL/CalTech and UC Irvine. million tons) came from the oil and gas industries.
As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.
First oil is targeted for 2028. Trion is located in a water depth of 2,500 meters, approximately 180 km off the Mexican coastline and 30 km south of the Mexico/US maritime border. Trion is a greenfield development that would represent the first oil production from Mexico’s deepwater. Trion was discovered in 2012 by PEMEX.
trillion in 2010) would be required to overcome poverty; increase food production to eradicate hunger without degrading land and water resources; and avert the climate change catastrophe. A comprehensive global energy transition is urgently needed in order to avert a major planetary catastrophe. technologies in specific locations.
Globally, water demand is threatening to dangerously outpace supply, while in the US, dry states such as Texas and California are suffering from shortages and the future forebodes more suffering. For the North American shale boom, the lack of water is suffocating. How we can turn toilet water into tap water.
BASF is launching an engineering plastic that is particularly suited for automotive parts that come into contact with hot oil. The new polyethersulfone (PESU) Ultrason E0510 C2TR shows very good tribological properties, high oil resistance and excellent dimensional stability also with broad ranges of temperature fluctuations.
In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. The report was released on the opening day of KPMG’s global “Business Perspective on Sustainable Growth: Preparing for Rio+20” summit occurring this week in New York.
OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. At present, the main issue being reported on is that there has been corrosion of the water injection system, which is used to keep pressure in the reservoir.
The session is expected to culminate in the adoption of a new convention by the 147 states attending the session to reduce mercury emissions and releases to the air, water and land. UNEP produced its first Global Mercury Assessment in 2002 and a subsequent study in 2007.
Ford Motor Company has added its near-dry machining process—Minimum Quantity Lubrication (MQL)—to six plants globally, a number that will nearly double in the next few years. MQL reduces oil mist generation; biological contamination of coolant; waste water volume; costs for capital equipment; and regulatory permitting.
The mandatory funds would be set aside from royalty revenues generated by oil and gas development in Federal waters of the Outer Continental Shelf (OCS), already included in the administration’s five-year plan. Oil dependence is one of the greatest threats to U.S. —A National Strategy For Energy Security.
Researchers in Europe led by a team from ETH Zurich have designed a fuel production system that uses water, CO 2 , and sunlight to produce aviation fuel. We are the first to demonstrate the entire thermochemical process chain from water and CO 2 to kerosene in a fully-integrated solar tower system. Zoller et al.
In a new report, “ Biofuels for Transportation Market s”, Navigant Research forecasts that global demand for biofuels in the road transportation sector will grow from representing almost 6% of the liquid fuels market in 2013 to roughly 8% by 2022. Navigant projects the global biodiesel market will grow from 6.9
By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. Hybrids are expected to account for about half of global new-car sales by 2040. Without the projected gains in efficiency, global energy demand could have risen by more than 100%. Source: ExxonMobil.
plans to invest more than $1 billion to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into transportation fuels products such as marine gasoil and diesel fuel. The investment addresses an industry shortfall in capability to convert fuel oil to products such as diesel.
Other successful initiatives—highlighted in Ford’s 13th annual Sustainability Report—include reductions in water use, waste-to-landfill and CO 2 emissions as well as improvements in vehicle fuel economy and safety. The company also announced plans to reduce usage another 25% on a per-vehicle basis by 2016.
In its latest Monday note, energy research company Douglas-Westwood wrote that the Exploration & Production industry (E&P), experiencing rising global hydrocarbon demand as well as rising costs, is facing the technical challenge of the development of High Pressure – High Temperature (HPHT) reserves.
The Oleo Sponge, a patent-pending technology to clean oil spills invented at the US Department of Energy’s (DOE) Argonne National Laboratory, performed successfully in an experiment conducted off the coast of Southern California. After the oil is wrung out, Oleo Sponge can be used again.
Construction, including site preparation, geotechnical drilling, water pipeline development and associated infrastructure, has commenced. EXP Global Inc. EXP Global Inc. Established in 1906 and operationally headquartered in Chicago, EXP is a global leader in oil, gas and chemicals. Sulfuric Acid Plant.
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