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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

Green Car Congress

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.

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IHS CERA meta-analysis finds lifecycle GHG emissions for fuel produced solely from oil sands crude average 11% higher than from average crude refined in the US; high variability

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Average values for WTW GHG emissions for oil sands and other crudes, tight boundary. When the oil sands products refined in the United States are considered—a mixture of oil sands and lower-carbon blending components—the GHG emissions are, on average, 9% higher than the average crude processed in the US.

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Smith School lifecycle study highlights importance for algae-derived biodiesel of co-product utilization and optimizing and decarbonizing every step of the supply chain

Green Car Congress

Since it is most likely that within the next decades the share of transport fuels from energy intensive unconventional oil resources will increase, the production of advanced biofuels from microalgae can only be a viable renewable fuel source if the energy intensity of the process can be managed and lowered accordingly. tons/ha/year).

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Opinion: Who Will Be Left Standing At The End Of The Oil War?

Green Car Congress

But these are just the costs of lifting oil out of the ground. State-owned oil companies often have many more responsibilities than just producing oil. It’s hard to measure costs when this oil has to pay for all the luxuries of the Saudi royal family. That’s just one opinion, but it’s a poignant one.

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Increase in US rig count will not cap oil prices

Green Car Congress

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. Forecasts Fuel Efficiency Fuels Market Background Oil' —Outlook.

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Mother’s Day Gift Guide: Nostalgic Beach Supplies, Egg Cups and More

Baua Electric

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. So I was excited to learn that this month, Steidl will publish a book of images the photographer Joel Sternfeld took in Nags Head in the summer of 1975. For another visual treat, there’s D.S.