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Chavez Death Could Affect Oil Prices, Production and Pollution

2013-03-10 21:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Scientific American: A Venezuelan oil minister once referred to his country's main export as the "devil's excrement." Well see how the death of Hugo Chavez affects production levels of this Faustian fuelwhich influences both the global oil market and the climate. Venezuelas oil has problematic qualities. The thick, tar-like oil requires extra heat to flow. Once finally on the move, it's fed to refineries where the heavy oil must be what the engineers call "cracked." That chemical process removes excess carbon...

Tags: prices production death oil

Dejour Energy begins oil production at Woodrush facility, Colorado, US

2013-02-20 01:00:00| Hydrocarbons Technology

Canada-based oil and gas company Dejour Energy has commenced oil production at an average rate of 350 barrels of oil per day at its Woodrush oil production facility in northern BC, western Colorado, US.

Tags: us production energy oil

SDTC awards C$1.5M to support Molten Salt Catalyzed Gasification for hydrogen production; targeting reduced GHG footprint for oil sands synthetic crude

2013-02-16 17:30:18| Green Car Congress

Tags: support production reduced awards

U.S. Oil Demand Drops, But Production Hits Historic Highs

2013-02-15 15:30:10| Industrial Newsroom - All News for Today

The price of oil has gone up significantly in the past decade. But U.S. demand has been dropping like a stone, even as we discover more and more domestic reserves. What does this ultimately mean for manufacturers and consumers?

Tags: production hits oil demand