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Growth of production of Canadian oilsands. The Canadian oilsands 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 OilSands Dialogue. The Role of Canadian OilSands in US Oil Supply”.
An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oilsands 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.
Comparison of the percent differential for WTW (well-to-wheel) GHGs from gasoline produced from WCSB oilsands 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 oilsands. Click to enlarge.
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. —Joseph H.
Exxon Mobil has started production at its Kearl oilsands expansion project in Alberta, Canada ahead of schedule; the expansion is expected to double overall capacity to 220,000 barrels of bitumen a day, with the expansion itself ultimately expected to reach 110,000 barrels per day. Kearl will access approximately 4.6 Earlier post.).
Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oilsands, 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.
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.
US imports of Canadian crude oil rose to record levels during the first eight months of 2012, with Canada accounting for a growing share of total gross US imports, according to the US Energy Information Administration (EIA). Canada is the largest supplier of foreign oil to the United States, followed by Saudi Arabia, Mexico, and Venezuela.
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.
The existing Keystone Pipeline is a 3,460-kilometer (2,150-mile) pipeline that transports crude oil from the oilsands in Alberta to markets in the American Midwest at Wood River and Patoka in Illinois, and at Cushing, Oklahoma. The approximate cost is US$2.3 Cross-border Project.
However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. In the lead report, Bartis notes that global oil supplies are finite and thus, at some point, oil production must peak.
A group of 10 Key Growth countries is expected to represent an increasingly significant share of the global energy market due to their rising populations and living standards. The Outlook for Energy identifies a significant evolution in the trade of oil and other liquids. Forecasts Fuel Efficiency Fuels Market Background Oil'
One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.
Oil and gas operations in the United States produce about 21 billion barrels of wastewater per year, with accompanying disposal costs of about $5 billion per year. In this context, recently developed microbial desalination systems (MDS) may provide a niche in the market. Market background.
The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. OPEC and US crude oil production.
Canada-based TC Energy Corporation has filed a Notice of Intent to initiate a legacy North American Free Trade Agreement (NAFTA) claim under the United States-Mexico-Canada Agreement to recover economic damages resulting from the revocation of the Keystone XL Project’s Presidential Permit.
But if the green goals of big tech can jump-start innovation in low-carbon concrete and create a robust market for it as well, the boom in big data could eventually become a boon for the planet. Here’s the basic recipe: Blend cement with larger amounts of sand and other aggregates. Let sit as it cures into a rock-solid mass.
As a kid in the ’80s, I loved climbing the massive sand dunes at nearby Jockey’s Ridge State Park and fishing at Cape Hatteras. For a more ornate option, Arquiste ’s Friend of the Night candle is encased in a Michoacán enameled clay vase designed with two Mexico City-based studios, Marva and Surco.
liters) featuring a modular architecture that broadens its adaptability to global markets and reduces manufacturing complexity while offering customers efficiency, refinement and durability. naturally aspirated direct-injection engines that will be offered in the 2015 next-generation Chevrolet Cruze for the Chinese market.
The new Cruze will be offered in more than 40 global markets and goes on sale first in North America in early 2016. diesel already proven in Europe and other global markets. It will be offered in additional markets, along with a 1.5L Variable-flow oil pump enhances efficiency. A new, standard 1.4L
Around the six Gulf states, together with oil majors Saudi Arabia and the United Arab Emirates, electrical vehicles account for simply 0.4% The Gulf country was also the second-largest importer of Chinese cars in 2022, behind Mexico, before dropping to fifth place this year as exports to Russia and Europe picked up.
Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. No more Big OIL - think of the extra money stimulating the economy! Let the Interstate trucks and farm equipment stay on oil until the residential is done and slowly begin to move them as their fleets age out. Then we are done! Email Neal.
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