Green Car Congress

APRIL 14, 2023

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. bp now operates five production platforms in the deepwater Gulf of Mexico: Argos, Atlantis, Mad Dog, Na Kika and Thunder Horse. Earlier post.) working interest.

Mexico 259

Mexico 2008 Oil Production 259

Green Car Congress

JULY 14, 2020

The International Energy Agency’s Monthly Oil Statistics shows that there are differences in refinery output throughout the world. OECD Americas: Canada; Chile; Mexico; United States. Source: International Energy Agency, Monthly Oil Statistics, February 2020, Paris, France.,

Czech Republic 417

Czech Republic Oil Gasoline America 417

Green Car Congress

JUNE 21, 2012

The US Department of the Interior held a 39-million acre lease sale in the Gulf of Mexico. Secretary of the Interior Ken Salazar announced that the Central Gulf of Mexico oil and gas lease sale attracted $1,704,500,995 in high bids for tracts on the US outer continental shelf offshore Louisiana, Mississippi and Alabama.

Mexico 231

Mexico Oil Gas Mississippi 231

Green Car Congress

JUNE 23, 2023

Australia-based Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in the deepwater Gulf of Mexico. 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.

Mexico 195

Mexico Oil Water Gas 195

Green Car Congress

NOVEMBER 3, 2010

The New Mexico Environmental Improvement Board (EIB) adopted by a vote of four to three greenhouse gas reduction regulations—called the most stringent in the US—that will reduce global warming pollutants through a regional cap on greenhouse gas emissions. New Mexico Greenhouse Gas Cap-and-Trade Regulation.

New Mexico 225

New Mexico Mexico Gas Gas-Electric 225

Green Car Congress

JUNE 24, 2021

bp announced the safe start-up of the Manuel project in the US Gulf of Mexico, the fourth of five major projects expected to be delivered globally in 2021. The wells are expected to boost gross platform production by an estimated 20,100 barrels of oil equivant a day (boe/d).

Mexico 243

Mexico Mississippi Oil Canada 243

Green Car Congress

AUGUST 21, 2014

The US Department of the Interior reported that Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the US Outer Continental Shelf offshore Texas. A total of 14 offshore energy companies submitted 93 bids. The lease sale, which offered 21.6 The lease sale, which offered 21.6

Mexico 231

Mexico Sale Obama Mariner 231

Green Car Congress

FEBRUARY 20, 2023

Shell Offshore, a subsidiary of Shell plc, has started production at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM). With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company’s first deep-water platform in the GoM to employ a simplified, cost-efficient host design.

Mexico 221

Mexico Design Suriname Argentina 221

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

DECEMBER 31, 2022

In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). In 2021, Texas’s annual crude oil and lease condensate proved reserves increased by 12% (1.9

Oil 259

Oil Gas Alaska New Mexico 259

Green Car Congress

MARCH 20, 2013

Sapphire Energy has entered into a commercial agreement with Tesoro Refining and Marketing Company, LLC, a subsidiary of Tesoro Corporation. This begins the first step of a commercial relationship to process Green Crude oil from Sapphire’s future commercial facilities.

Oil 218

Oil Purchase Green Columbus 218

Green Car Congress

AUGUST 24, 2018

The US Energy Information Administration (EIA) August Short-Term Energy Outlook (STEO) forecasts that US crude oil production will average 10.7 This national increase is almost entirely driven by tight oil. Lower wellhead prices in the region are contributing to slower growth in Permian crude oil production in 2019 compared with 2018.

2019 236

2019 Oil Production 2018 236

Green Car Congress

JULY 16, 2013

and The Linde Group will expand their partnership to commercialize a new industrial-scale conversion technology needed to upgrade algae biomass into crude oil. Today, this Green Crude Farm is operating year-round and producing barrels of crude oil daily. Sapphire Energy, Inc.

Oil 239

Oil Commercial Energy Columbus 239

Green Car Congress

JANUARY 1, 2014

In mid-December 2013, BP announced its discovery in the Gila prospect, its latest in the Paleogene in the deepwater US Gulf of Mexico. BP also confirmed the recently-announced Pitu oil discovery in the frontier deepwater of the Potiguar basin off Brazil’s equatorial margin, announced by Petrobras. Click to enlarge. Click to enlarge.

Angola 220

Angola Mexico Brazil 2013 220

Green Car Congress

APRIL 20, 2019

Total OECD annual production of crude oil, natural gas liquids (NGL), and refinery feedstocks increased by 10.3% Canadian production also increased on an annual basis (+8.1%), due to robust production of crude oil, while Mexico’s production continued to fall (-6.3%). or 105 Mt in 2018 compared to 2017.

2018 220

2018 Oil United Kingdom Asia 220

Green Car Congress

NOVEMBER 19, 2016

The Proposed Final Program offers 11 potential lease sales in four planning areas—10 sales in the portions of three Gulf of Mexico Program Areas that are not under moratorium and one sale off the coast of Alaska in the Cook Inlet Program Area. The vast majority of US offshore oil production occurs in the Gulf of Mexico.

Mexico 150

Mexico 2017 Oil Gas 150

Green Car Congress

SEPTEMBER 18, 2020

a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, is purchasing a 39% stake in Oberon Fuels, a San Diego, CA-based development-stage producer of low-carbon, renewable dimethyl ether (rDME) transportation fuel. Suburban Propane Partners, L.P.,

Fuel 435

Fuel San Diego United States Carbon 435

Green Car Congress

JUNE 27, 2017

The Governing Body of Mexico’s Energy Regulatory Commission (CRE) recently approved improvements to the Official Mexican Standard NOM-016-CRE-2016 Oil quality specifications, with the intention of introducing more options in products to the Mexican market, while simplifying regulation.

Mexico 186

Mexico Gasoline United States Pollution 186

Green Car Congress

MARCH 30, 2011

Meeting the goal of cutting US oil dependence depends largely on two things, Obama said: finding and producing more oil at home, and reducing dependence on oil with cleaner alternative fuels and greater efficiency. The Administration is pushing the oil industry to produce on leases already held.

Obama 268

Obama Oil Gas-Electric Purchase 268

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

MAY 11, 2021

With the conventional lubrication Prelube I (left), one gram of oil is applied over every square meter of sheet steel. grams of oil are required for every square meter. The new oil class creates a protective film on the surface of a metal sheet that is thicker and does not run off. grams of conventional oil.

Audi 243

Audi Oil Manufacturer SUV 243

Green Car Congress

JULY 21, 2022

Associated sanctions on Russia—with more than 5 million b/d in crude oil processing capacity—disrupted exports of Russia’s refined products into the global market, and will likely continue to do so as import bans in the European Union and United Kingdom come into full force. million b/d in 2022 and by an additional 1.6

Global 448

Global China Kuwait Oman 448

Green Car Congress

JANUARY 16, 2012

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012.

El Paso 225

El Paso 2011 Oil Gas 225

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

JULY 14, 2023

More than three-fourths of all oil and gas production in the US Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average, according to a new S&P Global Commodity Insights analysis. The share of production in the US Gulf of Mexico coming from deepwater has increased by approximately 14% over the past decade.

Mexico 150

Mexico Gas Oil Global 150

Green Car Congress

NOVEMBER 10, 2021

These results indicate that coal and oil are the energy sources leading to most emissions, and that hydro, wind, and nuclear are the energy sources leading to least emissions. On the two extremes, coal and oil result in about 176 times the emissions from hydro. New Mexico. New Mexico Ohio. Energy source. Natural gas.

Coal 334

Coal West Virginia North Dakota Cleaner 334

Green Car Congress

DECEMBER 10, 2013

one of the world leaders in algae-based “Green Crude” oil production, and Phillips 66, an integrated energy manufacturing and logistics company, have entered a strategic joint development agreement aimed at taking production of algae crude oil a significant step toward commercialization. San Diego-based Sapphire Energy, Inc.,

Oil 199

Oil Energy San Diego Columbus 199

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 first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on crude oil quality and on refining industry.

Oil 170

Oil Saudi Arabia 2018 Global 170

Green Car Congress

MAY 21, 2010

Growth of production of Canadian oil sands. The Canadian oil sands are now poised to become the number one source of US crude oil imports in 2010, according to new research from the IHS CERA Canadian Oil Sands Dialogue. Also certain fields in the Gulf of Mexico and the Middle East have comparable GHG emissions. —“The

Oil-Sands 186

Oil-Sands Oil 2010 Production 186

Green Car Congress

MAY 18, 2017

shale in particular—is effectively capping the oil price gains from that agreement. Four months after the OPEC/NOPEC deal took effect, oil prices dropped to the levels preceding the agreement, amid concerns over still stubbornly high inventories and rising U.S. oil production,” the consultancy noted.

Oil Prices 170

Oil Prices Oil 2017 Price 170

Green Car Congress

JUNE 30, 2016

As one of the outcomes of the “Three Amigos” meeting in Ottawa, Canada Prime Minister Justin Trudeau, US President Barack Obama, and Mexico President Enrique Peña Nieto committed to an “ambitious and enduring” North American Climate, Clean Energy, and Environment Partnership. 50% clean power target.

Mexico 199

Mexico Canada Standards Light 199

Green Car Congress

NOVEMBER 1, 2012

Sapphire Energy, a leading producer of crude oil from algae, and Institute for Systems Biology (ISB) announced a strategic partnership to further the research and development of algae biofuels. Today, the company has pioneered much of the science along the algae-to-energy value chain from biology, cultivation, harvest and extraction.

Commercial 275

Commercial Energy Production New Mexico 275

Green Car Congress

JULY 16, 2017

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. At the same time, Saudi Arabia’s export volumes have been hit by high local summer demand for crude oil and products. by Cyril Widdershoven for Oilprice.com.

Oil 186

Oil Libya Nigeria Qatar 186

Green Car Congress

AUGUST 26, 2014

Ultra-HP/HT wells are currently being drilled in the Gulf of Mexico, on the shelf and in deep water. The term HPHT is also commonly associated with the high value offshore markets despite the large market opportunity existing onshore. HPHT reservoirs drive new technology requirements in a number of ways.

Industrial 231

Industrial Industry Oil Gas 231

Green Car Congress

MARCH 17, 2012

An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% to 9.3%) from a 2010 baseline, depending upon the supply scenario.

Oil-Sands 247

Oil-Sands Oil Emissions CO2 247

Green Car Congress

JANUARY 23, 2012

The US Energy Information Administration (EIA) released its Reference case projections for US energy markets through 2035. EIA added a premium to the capital cost of CO 2 -intensive technologies to reflect current market behavior regarding possible future policies to mitigate greenhouse gas emissions. million barrels per day in 2010.

Oil 210

Oil 2005 Production 2010 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. million barrels of low sulfur diesel to the European and Asian markets.

Oil Prices 150

Oil Prices Saudi Arabia Oil Price 150