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bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

Green Car Congress

This fall was driven mainly by oil, which accounted for almost three quarters of the net decline. World oil production fell for the first time since 2009 by 6.6 Oil consumption also dropped for the first time since 2009 by a massive 9.1 The oil price (Dated Brent) averaged $41.84/bbl million b/d).

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Used Car of the Day: 2009 Scion xB

The Truth About Cars

Anyway, this 2009 Scion xB has a five-speed manual and 123,000 miles. Our seller says it has been well maintained with the oil changes done at the OEM-recommended 5,000 miles, but it has been in an accident, way back in 2009. This might be the first Scion ever featured in this series. Apparently, it was totaled.

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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

Green Car Congress

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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Looking to get in a hybrid for cheap? Used Toyota Prius 1.5 HSD 2004-2009 Review

Green Car Congress

Used Priuses, especially the Generation 2 that were made from 2004 to 2009 are becoming a bargain to buy, especially for the MPG and features you get in return. Power steering is electric and as a result we don’t need to check the power steering oil level as there isn’t any. Priuses can burn oil. How did it all start?

2004 409
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IHS Markit: 10 MMb/d of oil production cuts coming

Green Car Congress

IHS Markit Crude Oil Markets service expects up to 10 MMb/d of world oil production will be cut or shut-in from April to June 2020 as oil storage fills up and output from financially strapped companies begins to fall. If oil cannot be sold or stored, it cannot be produced. Something has to give. And it will.

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ExxonMobil discovers more oil offshore Guyana at Mako-1 well on the Stabroek Block

Green Car Congress

ExxonMobil announced an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15 th discovery on the Stabroek Block. Mako-1 encountered approximately 164 feet (50 meters) of a high-quality oil bearing sandstone reservoir. Earlier post.). Earlier post.). The Stabroek Block is 6.6 Krebs, John E.

Guyana 221
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Petrobras Oil Production up 6.3 % in Brazil in 2009

Green Car Congress

Petrobras’ average oil and natural gas production in Brazil in 2009 was 2,287,457 barrels of oil equivalent (boe), 5.1% Oil production only topped-out at the daily average of 1,970,811 barrels, a 6.3% Abroad, the average oil production was 140,576 barrels per day in 2009, 13.7% more than a year ago.

Brazil 170