Green Car Congress

DECEMBER 30, 2015

The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion.

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Oil Prices Oil Price Climate Change 150

Green Car Congress

OCTOBER 29, 2014

The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electric vehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 The City will replace 100 vehicles by the end of this year and 425 vehicles by the beginning of 2016. million over ten years.

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Indianapolis 2016 Fleet PHEV 287

Green Car Congress

NOVEMBER 4, 2019

Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing, according to a new report by the International Energy Agency. Global primary energy demand rose by 2.3% Global primary energy demand rose by 2.3% This was slower than the 1.7%

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Global Energy 2018 Coal 150

Green Car Congress

DECEMBER 15, 2016

Global Bioenergies is now entering the final phase of demonstrating its technology for converting renewable carbon into hydrocarbons. The first trials on the demo plant in Leuna were successfully completed, within schedule, in the fall of 2016 and Global Bioenergies announced first production of green isobutene via fermentation.

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Green Car Congress

FEBRUARY 17, 2012

Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. Ultimately, widespread commercialization will depend on whether these ventures can reach price.

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Green Car Congress

AUGUST 23, 2012

Investor confidence in new upstream projects is being driven by the increasing number of oil and gas discoveries (242 last year alone), combined with consistently high oil prices and the arrival of new technologies that are giving the major firms access to deep offshore reserves that were previously technically and financially unviable.

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Oil 2012 Oil-Sands Gas 210

Green Car Congress

JULY 5, 2016

According to a new forecast report from Navigant Research, global commercial alternative powertrain medium- and heavy-duty vehicle (MHDV) sales will grow from about 347,000 vehicles in 2016 to more than 820,000 in 2026, representing a CAGR of about 9%.

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Global Sale North America Oil Prices 150

Green Car Congress

FEBRUARY 23, 2017

China is the global leader in methanol use and has recently expanded its methanol production capacity. The report estimates consumption to have been more than 500,000 barrels per day (b/d) in 2016. Consumption of MTBE and other derivatives in China was estimated at 230,000 b/d in 2016.

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Green Car Congress

JANUARY 23, 2019

That figure is also up sharply from the 5,271 from the same month in 2016, a 60 percent increase. The latest crash in oil prices once again raises this prospect. Consequentially, we have lowered our expectations for oil production growth by about 500,000 bpd for 2020 and 2021, implying less need for takeaway capacity.”.

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Oil Oil Prices 2019 Price 236

Green Car Congress

NOVEMBER 7, 2019

Going from nearly 2 million barrels per day annual growth in 2018, an all-time global record, to essentially no growth by 2021 makes it pretty clear that this is a new era of moderation for shale producers. It all represents the strongest headwinds for shale producers since the oil price collapse in 2015. —Raoul LeBlanc.

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Oil Price Oil Prices Production 170

Green Car Congress

MARCH 8, 2017

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year.

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Oil Prices Saudi Arabia Oil Price 170

Green Car Congress

SEPTEMBER 13, 2020

The molybdenum market enjoyed three years of growing demand between 2016 and 2018, but macroeconomic concerns and a slower steel market resulted in a 2.3% Many molybdenum-containing steels and catalysts are used by the oil & gas industry, making molybdenum particularly sensitive to oil & gas market developments. decline in 2019.

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2020 2019 2018 Oil 186

Green Car Congress

OCTOBER 13, 2011

Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Pike projects that the Americas will account for 71% of global biofuels production. billion in 2011 to $185.3 billion by 2021. A more robust growth is expected.

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Global Market Financing Oil Prices 225

Green Car Congress

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. When oil prices go up, people buy fuel efficient cars.

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Oil Supplies Market Oil Prices 150

Green Car Congress

SEPTEMBER 18, 2015

Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. Global Supply and Demand Fundamentals Continue to Worsen.

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Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

OCTOBER 25, 2015

In fact, Jeffries sees the spring of 2016 as a more critical deadline for struggling drillers hoping to keep their credit lines open. “We Kicking the can means that production may not fall as fast as expected, which will mean oil prices may not begin to stage a rally as quickly as some had hoped.

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Saudi Arabia Oil Prices Oil Russia 150

Green Car Congress

AUGUST 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. With a bear market back, there is pessimism throughout the oil markets. However, the WTI/Brent spread has shrunk more dramatically since the collapse in oil prices.

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Oil Prices Oil United States North America 150

Green Car Congress

SEPTEMBER 2, 2015

If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. According to an August 26 Bloomberg article , the Saudi government is seeking ways to reduce investment in 2016 “.as percent increase) and 2016 (3.5 James Crandell, a Cowen & Co.

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Oil Saudi Arabia UAE 2015 150

Green Car Congress

AUGUST 7, 2015

Lower crude oil prices and strong demand for petroleum products, primarily gasoline, both in the United States and globally, have led to favorable margins that encourage refinery investment and high refinery runs. Much of the refinery output is reaching global markets, as net exports are 19% higher this year through May.

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Gasoline 2014 Louisiana Oil 150

Green Car Congress

JULY 6, 2017

Under the new forecast, EVs will displace 8 million barrels of transport fuel per day and add 5% to global electricity consumption (1,800 TWh by 2040 up from 6TWh in 2016). We see a momentous inflection point for the global auto industry in the second half of the 2020s.

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PHEV Sale Lithium Ion Cars 170

Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

APRIL 6, 2017

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. In 2016, only 3.7 billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 percent of global proved reserves. by Viktor Katona for Oilprice.com.

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Russia Oil 2016 Oil Prices 150

Green Car Congress

NOVEMBER 18, 2015

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

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Saudi Arabia Oil Europe Russia 150

Green Car Congress

DECEMBER 4, 2016

BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Today, the leaner $9-billion project, which also includes capacity for water injection, is projected to be profitable at or below current oil prices.

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Mexico Chevron Oil Oil Prices 150

Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

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Saudi Arabia Oil Production Climate 150

Green Car Congress

MARCH 23, 2017

It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by OPEC to rebalance the market. Having a smaller footprint globally would, in turn, mean that OPEC would wield less influence over the price of oil.

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Iraq Saudi Arabia Oil Oil Prices 150

Green Car Congress

AUGUST 13, 2015

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. Prices rebounded to $60 for a few months, before falling once again below $50.

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Saudi Arabia Oil Iraq Iran 150

Green Car Congress

JANUARY 8, 2012

Since Hyundai FLNG takes 25% less time to build compared to the onshore liquefaction and storage plant, the offshore plant could be an attractive option for oil majors and global shipping companies looking to commercialize stranded gas in offshore fields, the company suggests.

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Hyundai Oil Prices Gas Oil 199

Green Car Congress

AUGUST 28, 2017

On 27 October 2016, the International Maritime Organization (IMO) announced that beginning on 1 January 2020, the maximum sulfur content allowed in marine bunker fuel will be reduced from 3.50% mass by mass (m/m) to 0.50% m/m (35,000 ppm to 5,000 ppm)—five years earlier than many expected. Earlier post.)

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Mariner 2020 Fuel Oil 150

Green Car Congress

JUNE 11, 2018

In 2016, the IMO confirmed that global refiners and shippers would have to comply with these new environmental regulations five years earlier than many anticipated, which sent tidal waves through two industries that typically take many years to adapt to such significant change.

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Fuel Mariner Oil 2020 170

Green Car Congress

JANUARY 23, 2012

The United States is projected to become a net exporter of liquefied natural gas (LNG) in 2016, a net pipeline exporter in 2025, and an overall net exporter of natural gas in 2021. World oil prices rise in the Reference case, as pressure from growth in global demand continues. World liquids consumption grows from 87.1

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Oil 2005 Production 2010 210

Green Car Congress

DECEMBER 5, 2012

Because quickly rising natural gas production outpaces domestic consumption, the United States will become a net exporter of liquefied natural gas (LNG) in 2016 and a net exporter of total natural gas (including via pipelines) in 2020. Biofuels grow at a slower rate due to lower crude oil prices and. than in AEO2012.

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Fuel Energy Sale 2013 225

Green Car Congress

FEBRUARY 9, 2010

Perspective by Oliver Hazimeh, Director of the North American Automotive Practice and the Global e-Mobility Practice, PRTM. Oil price and supply dependencies will continue the search for alternative fuel sources, and battery powered vehicles can have a significant impact on that equation. Earlier post.].

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Prius Toyota PHEV Hybrid 186

Green Car Congress

APRIL 15, 2017

This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. shale production, new oil discoveries, and new project start-ups also differ a lot. shale output. million bpd.

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Oil Supplies Oil Prices 2017 150

Green Car Congress

FEBRUARY 3, 2015

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 The size of the market contraction in Russia is the biggest wild card facing vehicle manufacturers across the European continent, if not the world, in 2015 and 2016.” North America continues to be an impetus to global light vehicle demand levels.

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2015 Light Global Market 150

Green Car Congress

DECEMBER 17, 2010

AEO2011 assumes the adoption of CAFE standards for light-duty vehicles for model year 2011, as well as joint CAFE and greenhouse gas emissions standards set forth by the EPA and NHTSA for model years 2012 through 2016. In 2035, the average real price of crude oil in the Reference case is $125 per barrel in 2009 dollars.

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Gas 2011 Price Energy 199

Green Car Congress

DECEMBER 23, 2016

Oil prices are probably already high enough to spark a rebound in shale production. The IEA says that in the third quarter of 2016, the US shale industry became cash flow neutral for the first time ever. Even when US oil production hit a peak at 9.7 by Nick Cunningham of Oilprice.com. That isn’t a typo.

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Oil Prices Libya Oil Nigeria 150