Remove 2015 Remove Oil-Sands Remove Supplies Remove Wind
article thumbnail

IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

Green Car Congress

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

Oil 150
article thumbnail

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Outlook for Energy.

Energy 252
article thumbnail

BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

Green Car Congress

Between 2010 to 2030 the contribution to energy growth of renewables (solar, wind, geothermal and biofuels) is seen to increase from 5% to 18%. Natural gas is projected to be the fastest growing fossil fuel, and coal and oil are likely to lose market share as all fossil fuels experience lower growth rates. Coal will increase by 1.2%

Energy 210
article thumbnail

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

Green Car Congress

billion metric tons in 2015 and 40.4 Total world energy use rises from 472 quadrillion British thermal units (Btu) in 2006 to 552 quadrillion Btu in 2015 and then to 678 quadrillion Btu in 2030. World oil prices have fallen sharply from their July 2008 high mark. World carbon dioxide emissions are projected to rise from 29.0

2006 150
article thumbnail

Sand, Sea and as Much Serenity as You Could Ever Want

Baua Electric

Running out of supplies and desperate, they penned letters detailing their plight, sealed them in an empty molasses cask, affixed a tiny sail to it and cast it into the sea. It closed in 2015, when that number fell to two. The post Sand, Sea and as Much Serenity as You Could Ever Want appeared first on Bauaelectric Auto News.

article thumbnail

VW introducing 1.8L EA888 Gen 3 engine in 2014 Jetta, Passat and Beetle; driving impressions

Green Car Congress

to conform to future emissions standards, particularly the stringent EU6 standard which will be mandatory in Europe in 2015. Other features include a new, lighter turbocharger/cylinder head assembly; the use of lightweight polymers for the oil pan, and use of aluminum for various screws and fasteners. MQB and MLB. Intake and injection.

2014 331