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Tesla’s Model S Long Range Plus now carries an official EPA-rated range of 402 miles—a 20% increase compared to a 2019 Model S 100D with the same battery pack design. This is the first US EV to break the 400-mile range mark. All Model S Long Range Plus vehicles will receive the new 402-mile rating. The newest 8.5
The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.
Crude oil and gas naturally escape from the seabed in many places known as seeps. This microbe, an archaeon named Methanoliparia , transforms the hydrocarbons by a process called alkane disproportionation: it splits the oil into methane (CH 4) and carbon dioxide (CO 2 ). miles) deep in the ocean. miles) deep in the ocean.
Caelus Energy Alaska, LLC, a privately held independent exploration and production company, announced that its subsidiary, Caelus Energy Alaska Smith Bay LLC, has made a significant light oil discovery on its Smith Bay state leases on the North Slope of Alaska. miles northwest of the CT-1 discovery at the CT-2 location.
The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high-quality oil-bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high-quality oil-bearing sandstone reservoirs.
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%
Ultra-low viscosity oils are becoming the norm for modern engines, especially smaller units prioritizing efficiency. Unfortunately, the trend has resulted in conflicting opinions about the actual usefulness of thinner oils. Compared to something like the common 5W-30, these are incredibly thin oils.
ExxonMobil announced an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana ( earlier post ). Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels. Source: ExxonMobil. Earlier post.)
Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.
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.
A new study by the International Council on Clean Transportation (ICCT) estimates heavy fuel oil (HFO) use, HFO carriage, the use and carriage of other fuels, black carbon (BC) emissions, and emissions of other air and climate pollutants for the year 2015, with projections to 2020 and 2025. Click to enlarge. the ICCT team concluded.
In addition to successful appraisal of the Turbot discovery, the Turbot-2 well encountered 43 feet (13 meters) of net pay in a newly identified, high quality hydrocarbon bearing sandstone reservoir separate from the 75 feet (23 meters) of high quality, oil bearing sandstone reservoir pay encountered in the original Turbot-1 discovery well.
ExxonMobil announced an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15 th discovery on the Stabroek Block. Mako-1 encountered approximately 164 feet (50 meters) of a high-quality oil bearing sandstone reservoir. Earlier post.). Earlier post.). The Stabroek Block is 6.6
Goodyear’s new tire features three different carbon blacks that are produced from methane, carbon dioxide, and plant-based oil. The use of soybean oil in tires is a significant Goodyear innovation that helps keep a tire’s rubber compound pliable in changing temperatures.
The Record of Decision (ROD) reduces the size of the project by denying two of the original five drill sites proposed by ConocoPhillips, which is seeking to develop oil and gas leases it acquired beginning in the late 1990s. The Willow project is estimated to produce 180,000 barrels of oil per day at its peak. Earlier post.)
More specifically, reliably projecting the oil demand, a critical leading indicator of the state of the US economy, is beneficial to related business activities and investment decisions. However, few studies have quantified and forecast the oil demands under multiple pandemic scenarios, and this research is desperately needed.
million to establish new geothermal energy and heat production from abandoned oil and gas wells. This work also supports the creation of new clean energy jobs, helping transition some of the oil and gas workforce to the production of renewable energy. The US Department of Energy (DOE) selected four new projects to receive up to $8.4
Obrador’s decree also established 234,855 hectares (907 square miles) in Sonora as a mining zone known as Li-MX-1. Oil and lithium belong to the nation, they belong to the people of Mexico, to you, to all those who live in this region of Sonora, to all Mexicans. What we are doing now.
To achieve mass adoption, the average electric car will need to offer 31-minute charging, 291 miles of range, and a base price of $36,000. Those three factors comprise a global tipping point for EVs, according to a new study commissioned by oil company Castrol, which is looking to sell so-called "e-fluid" lubricants for EVs.
People might be bored reading about the Prius but a review on four Priuses (2004, 2005, two 2006s) that my family owns that ran a total of 913k km (570k miles) should be interesting, right? I found a a 2004 with 247k km (154k miles) on the clock. by BLNT, PriusPodcast.com. And how does a family end up with four Priuses to start with?
Second, they estimated fuel savings using the FHWA data on vehicle miles, fuel use and miles per gallon (mpg). gasoline demand would have put upward pressure on world oil prices. Two indirect effects were considered. First, had fuel economy not improved, the higher level of U.S.
According to CR’s experts, simpler powertrains in EVs and no need for oil changes are likely reasons for the lower costs. For this report, ‘vehicle lifetime’ was defined as 200,000 miles. Average maintenance/repair costs over vehicle lifetime. The full white paper will be published in the coming weeks.
The primary measure in this analysis is the average miles driven per gallon of fuel for each year. In terms of fuel consumption per distance driven, the change between 1973 (the year of the first oil embargo) and 1991 (from 7.75 gallons per 100 miles to 5.10 gallons per 100 miles) represents a compound rate of decrease of 2.3%
Solazyme received the award for Greener Synthetic Pathways for its tailored oils produced from microalgal fermentation. Farnesane can also have land-use benefits for heavy-duty transportation: a hectare of land growing soybeans to produce traditional biodiesel generates enough fuel for a bus to travel about 600 miles.
The primary measure in this analysis is the average miles driven per gallon of fuel for each year. In terms of fuel consumption per distance driven, the change between 1973 (the year of the first oil embargo) and 1991 (from 7.75 gallons per 100 miles to 5.09 gallons per 100 miles) represents a compound rate of decrease of 2.3%
Bio-hydrogen not utilized for renewable diesel production will be made available by Grön Fuels for purchase by third parties for lowering the CO 2 emissions of power production, industrial processes, or transportation and can be shipped by the ~600 miles / 1,000 km of hydrogen pipelines operational and located near Grön Fuels’ site.
Hyundai delivered its first NEXO fuel cell SUV ( earlier post ) to Tom Hochrad of Ventura, California—the first US customer to drive off in the new NEXO, the only mass-produced fuel cell SUV for the US market, featuring a range up to 380 miles. The NEXO Limited Trim has an estimated range of 354 miles.
cents per mile, while a conventional internal combustion engine vehicle (ICEV) totals 10.1 cents per mile. A BEV lacks an ICEV’s engine oil, timing belt, oxygen sensor, spark plugs and more, and the maintenance costs associated with them. Per-mile maintenance costs by powertrain.
In addition, Achates Power is conducting further testing with a fully aged catalyst (the equivalent of 800,000 miles of operation) to demonstrate continued ability to meet CARB’s stringent standards. Achates Power is backed by the Oil and Gas Climate Investments, Saudi Aramco Energy Ventures, and other investors.
The new lifecycle sustainability approach will be included as standard across the full AeroShell product range, including turbine engine oils (TEOs), piston engine oils (PEOs), greases and fluids, for both the commercial airline and general aviation markets. million miles since 2021.
A new study from WCS (Wildlife Conservation Society) and WWF finds that nearly 20% of tropical Intact Forest Landscapes (IFLs) overlap with concessions for extractive industries such as mining, oil and gas. The total area of overlap is 376,449 square miles (975,000 square kilometers), about the size of Egypt. Grantham et al.
But our friends in the oil, coal and gas industry have 5,795 gigatons of carbon on the books. Like the issue of oil drilling in Hermosa Beach. The classic slogan that Stop Hermosa Beach Oil movement has created, Keep Hermosa Hermosa” couldn’t be more right-on, because over the years Hermosa has been kept Hermosa.
The clutch has been replaced and the owner uses synthetic oil. There are 263K miles on this rig. The tires and Bilstein shocks are relatively new and other recent maintenance, including a tune-up, has been done. There's a Pioneer audio system and the audio is satellite-radio ready. There's also a remote start.
Hydrogen used for treating crude or bio-crude oil to produce jet fuel with a lower carbon intensity is also considered as an early-stage application. Scaling-up the electrofuel industry will require a coordinated effort on the part of the broader industry (including upstream oil and gas), governments and research institutions globally.
Drones attacked two key Saudi Aramco sites in Saudi Arabia—the Abqaiq processing plant and the Khurais oil field—on Saturday; Houthi rebels claimed credit for the strikes. million barrels of crude oil per day. Abqaiq is also linked to the Shaybah oil field through a 395-mile pipeline.
A possible answer, though, might lie in oil wells. The California-based Hyperlight Energy will be piloting an installation where they plan to use existing oil wells as solar thermal wellsprings, with the stored energy being converted back to clean electricity when required. But we can still reduce the carbon [cost] of that oil.”
TotalEnergies E&P Angola has exercised an option for the 7 th -generation drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. The Ondjaba-1 well will be drilled at a new world record water depth of 3,628 m (2.25
Researchers from Carnegie Mellon University and the University of Pittsburgh have found that the air pollution and greenhouse gas costs of shipping crude by rail are nearly twice as large as those for oil pipelines. Movements of petroleum products, particularly crude oil, have received enormous media attention. Clay et al.
The cost to operate an EV, per mile, is already well below the cost to drive a standard ICE-age model, and the advantage is likely to widen. The average US residential customer pays 12 cents per kilowatt-hour (kWh) , which means the cost to drive one mile in an EV is somewhat less than 4 cents. New cars in 2015 get 25 mpg.)
ExxonMobil made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. These discoveries will add to the previously announced recoverable resource estimate for the block, of 10 billion oil-equivalent barrels.
Compared with the predecessor, it offers an increased range (up to 260 km / 162 miles in the WLTP cycle). No charges are incurred for road tax or engine oil changes for the e-up! The new Passat GTE Variant generates 160 kW (218 PS) and covers up to 56 kilometers (35 miles) fully electrically in the WLTP cycle.
The well, drilled by the West Carina rig, is now fully fitted out and ready to produce oil and natural gas. The Libra field is one of the largest pre-salt oil discoveries to date in Brazil. km south of discovery well 2-ANP-2A-RJS, in a water depth of 1,951 meters (1.21 The other systems will start producing in subsequent years.
Goldman Sachs is preparing for the lapse of the Age of Oil, predicting big gains for the companies that continue to help expand the footprint of sustainable energy. However, Tesla isn’t the only car company that is listed , and cars are not the only topic that Goldman analysts are bullish on as the Age of Oil begins its imminent demise.
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