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Exxon bets big on natural gas in its eighth Guyana oil project

Oil & Gas 360ยบ

(Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5

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Reducing Carbon Intensity with Renewable Propane

POWER Magazine

today is produced as a byproduct of natural gas processing and crude oil refining, which are not considered โ€œgreenโ€ technologies. Most propane used in the U.S. However, renewable propane availability […] The post Reducing Carbon Intensity with Renewable Propane appeared first on POWER Magazine.

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Energy Market Assessment: Restoringย upward mobility of the masses will have a profitable oil & gas drilling boom

Oil & Gas 360ยบ

(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. Last weeks 80 Bcf draw in working natural gas inventory has it down at 1,760 Bcf on February 28 (Figure 9, red line).

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How Natural Gas is Formed: The Origins of Our Energy Source

True Natural Gas

Natural gas is one of the most important energy sources powering homes, businesses, and industries worldwide. But have you ever wondered how natural gas is formed? The Role of Temperature in Gas Formation The temperature at which these hydrocarbons formed determined whether oil or natural gas would be produced.

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Phillips 66 Plans to Reconfigure Refinery to Produce Renewable Fuels

NGT News

The plant would no longer produce fuels from crude oil but instead would make fuels from used cooking oil, fats, greases and soybean oils. Phillips 66, a diversified energy manufacturing and logistics company, says it plans to reconfigure its San Francisco refinery in Rodeo, Calif., to produce renewable fuels.

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Africaโ€™s oil and gas investment to hit $43 billion in 2025

Oil & Gas 360ยบ

(Oil Price) –Operators and developers are expected to spend a total of $43 billion on oil and gas projects in Africa this year, as established producers and newcomers see growing investments, the African Energy Chamber said in a new report. By Tsvetana Paraskova for Oilprice.com

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Aramco CEO predicts record oil demand will follow OPEC+ output revival

Oil & Gas 360ยบ

(World Oil) – Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of the worlds biggest oil producer Saudi Aramco. Oil use is set to rise by 1.3 Saudi production has lingered near the lowest level in more than three years.

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