Oil, Venezuela and Water

Eni announces first production from the Junin-5 giant heavy oil field in Venezuela

Green Car Congress

MARCH 17, 2013

PetroJunín, joint venture formed by PDVSA (60%) and Eni (40%), has started production from the Junín-5 giant heavy oil field, located in the Faja del Orinoco—the area with the largest untapped hydrocarbon reserves in the world, according to Eni. Junin 5 block in the Orinoco. Deepwater Angola. Eni is operator of Block 15/06 with 35%.

Angola

Angola Venezuela Oil Oil-Sands

PDVSA signs $4B loan agreement with China Development Bank for expansion of heavy oil production in Orinoco

Green Car Congress

JUNE 4, 2013

Venezuela’s PDVSA signed a $4.0-billion, billion, 8-year loan agreement with China Development Bank (CDB) for boosting production at the Sinovensa heavy oil joint venture in the Orinoco belt from 140,000 barrels per day to 330,000 barrels per day by 2016. Venezuela will also receive two other loans from China: one for $1.5

Venezuela

Venezuela Oil China Production

Eni Makes Giant Gas Discovery in Offshore Venezuela

Green Car Congress

OCTOBER 18, 2009

Italian oil major Eni made a world class gas discovery at its Perla field, in the shallow water of the Venezuelan offshore, successfully drilling an explorative well in the Perla field, located in the Cardon IV block, in the Gulf of Venezuela. The Venezuelan state company Petróleos de Venezuela S.A.

Venezuela

Venezuela Gas Oil Water

ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Green Car Congress

JANUARY 7, 2018

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. billion recoverable oil-equivalent barrels. Wood Mackenzie currently expects around 350,000-400,000 b/d of oil production (just oil, not factoring in natural gas) by 2026 from there.

Guyana

Guyana Oil South America Suriname

ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

Guyana

Increase in US rig count will not cap oil prices

Green Car Congress

JUNE 23, 2016

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.

Oil Prices

Oil Prices Oil Price Oil-Sands

Only 4% of TV news correctly connected Hurricane Beryl to climate change

Baua Electric

JULY 11, 2024

The 2024 hurricane season is here, and we’ve already had our first record-breaking hurricane in Beryl, which caused billions in damage and deaths in Texas, Grenada, Venezuela and nearby areas. But one thing that is well-understood is that a warmer atmosphere, and warmer water, means stronger storms.

Climate Change

Climate Change Climate Connected Connect

Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

Green Car Congress

AUGUST 20, 2019

Canadian researchers have developed a large-scale economical method to extract hydrogen from oil sands (natural bitumen) and oil fields. The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. Proton Technologies is commercializing the process.

Oil-Sands

Oil-Sands Oil Hydrogen Venezuela

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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

Chevron Oil Oil-Sands Production

U Calgary study finds oil shale most energy intensive upgraded fuel followed by in-situ-produced bitumen from oil sands

Green Car Congress

JULY 10, 2015

A team at the University of Calgary (Canada) has compared the energy intensities and lifecycle GHG emissions of unconventional oils (oil sands and oil shale) alongside shale gas, coal, lignite, wood and conventional oil and gas. This is not the same as crude oil occurring naturally in shales, as in the Bakken.

Oil-Sands

Oil-Sands Oil Energy Fuel

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

OCTOBER 6, 2015

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

Russia

Russia Saudi Arabia Iran Iraq

State Department releases final environmental impact statement on Keystone XL Pipeline Project; analysis of GHG emissions

Green Car Congress

AUGUST 26, 2011

Comparison of the percent differential for WTW (well-to-wheel) GHGs from gasoline produced from WCSB oil sands 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 oil sands. Source: FEIS, Appendix V.

Oil-Sands

Oil-Sands Emissions Oil Oklahoma

EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

AUGUST 9, 2022

There are two main sources of lithium in the world; hard rock mines and brine water. The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. Battery metals vs. oil as a source of tension and instability. Where does lithium come from? Cobalt and copper mining ethics.

Environment

Environment Electric Vehicles New Zealand Vehicles

EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

AUGUST 9, 2022

There are two main sources of lithium in the world; hard rock mines and brine water. The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. Battery metals vs. oil as a source of tension and instability. Where does lithium come from? Cobalt and copper mining ethics.

Environment

Environment Electric Vehicles New Zealand Vehicles

EV Driven

Eni announces first production from the Junin-5 giant heavy oil field in Venezuela

PDVSA signs $4B loan agreement with China Development Bank for expansion of heavy oil production in Orinoco

Eni Makes Giant Gas Discovery in Offshore Venezuela

ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Increase in US rig count will not cap oil prices

Only 4% of TV news correctly connected Hurricane Beryl to climate change

Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

U Calgary study finds oil shale most energy intensive upgraded fuel followed by in-situ-produced bitumen from oil sands

Opinion: Is Russia Plotting To Bring Down OPEC?

State Department releases final environmental impact statement on Keystone XL Pipeline Project; analysis of GHG emissions

EV myths busted: Are electric vehicles actually good for the environment?

EV myths busted: Are electric vehicles actually good for the environment?

Stay Connected