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6. The future of oil: major challenges
Faced with ever-increasing demand for crude oil, and the prospect of peak production in the not-too-distant future, a number of technological challenges will have to be met in the coming years, both to postpone the advent of peak oil, and to prepare for the energy transition. These challenges include
progress in exploration ;
improving production yields;
the development of hitherto inaccessible fields;
upgrading of extra-heavy crudes such as Venezuelan or Canadian crudes;
maximizing the conversion of crude oil into transport fuels by converting as many heavy products as possible, such as fuel oils, which used to be used as combustibles to supply electricity, among other things, into fuels. Electricity, for...
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The future of oil: major challenges
Bibliography
Software tools
ECLIPSE by Schlumberger http://www.slb.com
PUMAFLOW from Beicip http://www.beicip.com
CMG STARS http://www.cmgroup.com
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World petroleum congress http://www.world-petroleum.org
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Private multinational companies or "majors" (exploration, production, refining and distribution):
Exxon Mobil http://www.exxonmobil.com
Shell http://www.shell.com
...
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