Land Mark Events in the Energy Industry

Timeline in the energy industryGULF OF MEXICO - APRIL 21: In this handout image provided be the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010 near New Orleans, Louisiana. An estimated leak of 1,000 barrels of oil a day are still leaking into the gulf. Multiple Coast Guard helicopters, planes and cutters responded to rescue the Deepwater Horizon's 126 person crew. (Photo by U.S. Coast Guard via Getty Images)



12th Century -Clergyman known as Herbert builds windmill in England, declaring “The free benefit of the wind ought not to be denied to any man.”

1712 -Thomas Newcomen invents first mechanical steam engine


            1769

-Nicolas-Joseph Cugnot invents first
self-propelled vehicle

 

 

            1770s

-Horace Bénédict de Saussure conducts “hot
box” experiment in Swiss Alps , establishing existence of the
“atmosphere”

 

 

             1775

-James Watt patents improvements on steam
engine, initiating “Age of Steam”

 

 

 

 

 

 

 

          1824

-Sadi Carnot publishes paper “Reflections on
the Mottive Power of Fire,” explains steam engine

 

 

            1830

-First commercial coal powered steam locomotive
in U.S.

 

 

             1837

-Swiss scientist Louis Agassiz proposes
existence of prehistoric “ice age”

 

 

             1838

-S.S. Great Western initiates regularly
scheduled transatlantic service

 

 

            1859

-“Colonel” Edwin Drake drills what is
generally accepted as first oil well at Titusville, in northwest Pennsylvania

 

 

 

 

 

              1867

-Nikolaus Otto’s engine
wins gold medal at Paris Exposition

 

               1870

-John D. Rockefeller forms
Standard Oil Company

 

              1872

-Butter and Cheese Exchange
founded in New York, prefiguring futures market

 

             1873

-Baku oil—in present day
Azerbaijan—opened to development, and Nobel

 

family enters Russian oil
business

              1876

-Modern internal combustion
engine introduced as “Otto cycle”

 

              1881

-Joseph Swan’s incandescent
light bulbs illuminate the Savoy theater in London

 

 

              1882

-Thomas Edison “throws the
switch,” lighting up part of Lower Manhattan, demonstrating commercial
electric generation

 

 

 

              1887

-H.L. Williams pioneers
off-shore drilling at Summerland near Santa Barbara California

              1987

-Montreal Protocol on
Substances that Deplete the Ozone Layer

 

 

 

 

 

 

         1988                                                                                                          

-First Chinese wind farm
connected to grid.

 

Intergovernmental Panel on
Climate Change (IPCC) established

under United Nations auspices  

 

 

 

 

              1990

-Iraq invades Kuwait,
setting off “Gulf Crisis”

 

 

 


 

              1991

-Soviet Union collapses,
replaced by 15 independent nations

 

 

 

 

 

              1992

-Russian President Boris
Yeltsin sets privatization of Russian oil industry in Decree 1403—including
formation of Lukoil, Yukos, and Surgut


 

                                                                                  -Brazil’s Petrobras breaks
                                                                                                                                                                                                                                                      deep sea record barrier, placing                                                                                                Marlim platform in 2,562 feet of water

 

 

 

              1993

-China becomes net importer
of petroleum

 

 

 

 

 

             1994

– “Deal of the Century”
signed in Baku for international companies to invest in Azerbaijan’s Caspian
off-shore

 

 

 

             1995

-Marrakech Agreement
establishes World Trade Organization

 

 

             1996

-GM releases ill-fated EV 1
electric vehicle

 

 

              1997

Qatar’s first shipment of
LNG  reaches Japan

 

 

 

 

 

 

 

 

 

                1998

-Oil collapses to
$10/barrel range

 

 

 

 

 

              2000

-Toyota Prius hybrid goes
on sale in U.S.

 

 

 

              2001

-First oil from Tengiz
field passes through Caspian Pipeline

 

 

 

 

 

              2002

-GE acquires Enron’s wind
energy assets out of bankruptcy

 

 

 

             2003

-“The Boys”—violent
gangs—attack production sites in Nigerian Delta

 

 

 

            2004

-U.S. effectively mandates
ethanol in gasoline by banning MTBE


 

              2005

-Hurricanes Katrina and
Rita hit Gulf states, killing thousands and disrupting oil and natural gas
production, refining, transportation and electric power throughout region

 

 

              2006

-President Bush calls for
end to

“addiction to
oil” in State of the Union speech

Movement For the
Emancipation of the Niger Delta (MEND) steps up attack in Nigeria

Tullow drills Uganda’s
first oil well.

 

 

 

 

 

            2010

– Deep Water Horizon drill
explodes as result of blowout on the Macondo well in the Gulf of Mexico,
leading to the largest accidental marine oil

spill in history




 

 

            2011

-Japanese tsunami and
meltdown at Fukushima Daiichi nuclear power plant create regional disaster,
leads to retreat from nuclear power in Japan

 

 

             2012

-New oil sanctions on Iran
imposed in effort halt its nuclear weapons program; Israel warns Iran
approaching “zone of immunity” in its nuclear fuel program


 

                                                                          -Rosneft and ExxonMobil
                                                                            sign deal    to partner on Arctic                                                                                          exploration

 

 

 

Timeline in the energy industry



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Ucheson
Ucheson energy and Tech is formed by a Group of Energy-Tech Enthusiasts.

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