Green Car Congress

SEPTEMBER 8, 2022

The US Energy Information Administration (EIA) expects higher-than-average natural gas prices globally as demand remains high this winter in the United States, Europe, and Asia, and inventories remain low. That price will be the highest inflation-adjusted monthly average price since 2008.

Gas 150

Gas Price Global Gas-Electric 150

Green Car Congress

AUGUST 27, 2013

The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 In 2009, Asia surpassed North America as the world’s largest petroleum-consuming region as consumption rebounded from its 2008 decline. Year-on-year changes in petroleum consumption by region. Source: EIA.

North America 261

North America 2012 America Europe 261

Green Car Congress

AUGUST 29, 2016

Improved transport connectivity will help increase trade links between Kazakhstan and the markets in East Asia, the Caspian Sea region, and further to Europe. The decline of global oil prices since 2014 and lower external demand has encouraged the government to create a favorable environment for business-driven regional economic development.

Kazakhstan 150

Kazakhstan Connect Connected Transportation 150

Green Car Congress

JUNE 18, 2022

This situation might prove short-lived, however, as tougher sanctions on Russia come into full force, oil demand in China recovers from COVID-lockdowns, if sharper Libyan losses persist and the OPEC+ spare production capacity cushion erodes. In 2023, a resurgent China will boost non-OECD demand growth, offsetting a slowdown in the OECD.

Oil 210

Oil Global Libya Russia 210

Green Car Congress

JULY 30, 2019

Asia Pacific’s oil dependence continues to grow, ranking first in terms of deficit. Global oil demand grew by 1.4%, slightly lower than in 2017 (+1.6%) in a context of increasing oil prices. Asia kept leading global refining capacity growth with 77% of the 1 Mb/d increase vs 2017. recorded in 2013-2017.

Saudi Arabia 170

Saudi Arabia Oil 2018 Global 170

Green Car Congress

NOVEMBER 13, 2013

Energy demand growth moves to Asia. Together, these changes represent a re-orientation of energy trade from the Atlantic basin to the Asia-Pacific region, according to the report’s scenario. Oil consumption is concentrated in just two sectors by 2035: transport and petrochemicals. Source: IEA. Click to enlarge. Gt by 2035.

Oil 275

Oil 2013 Energy Emissions 275

Green Car Congress

JANUARY 19, 2022

Already the growth of renewable diesel production is impacting feedstock markets, with many analysts identifying growth in renewable diesel as a factor contributing to recent record soy oil prices.

Renewable 243

Renewable Diesel Production Oil 243

Green Car Congress

DECEMBER 28, 2015

Navigant expects Asia Pacific to remain the largest market, with more than 1.56 Navigant expects that with a wider gap between natural and liquid fuel prices and more aggressive incentives, Western Europe and to a lesser degree Asia Pacific, will continue to see NGV growth, but at a lower rate than previous projections.

2015 150

2015 Gas Global North America 150

Green Car Congress

JANUARY 6, 2022

Spot LNG prices in Asia spiked to nearly $30 per million British thermal units (MMBtu) for a few weeks in January 2021 during extreme cold weather and transportation challenges before settling back to normal ranges in the first half of the year. Amid strong global demand, European LNG imports fell.

Qatar 186

Qatar China United States Brazil 186

Green Car Congress

APRIL 3, 2022

In addition, the Japanese government is supporting Singapore’s energy transition by leveraging on Japanese companies’ technologies such as Chiyoda’s SPERA Hydrogen under the Asia Energy Transition Initiative. This collaboration comes at a timely moment, on the back of rising oil prices.

Singapore 150

Singapore Hydrogen Corporation Japan 150

Green Car Congress

SEPTEMBER 20, 2011

World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

APRIL 8, 2015

The same year, Navigant expects 82% of vehicles in Western Europe to have a stop-start feature, along with nearly 69% of vehicles sold in Asia Pacific. The other driver for SSV technology is consumer demand—present in Europe and some Asia Pacific countries for some time thanks to high fuel prices.

Light 150

Light North America Global Sale 150

Green Car Congress

JULY 5, 2016

Whereas fuel cost used to be a major driver for fleet managers, the lowering of oil prices and the availability of low-cost natural gas has reduced this concern, Navigant notes.

Global 150

Global Sale North America Oil Prices 150

Green Car Congress

OCTOBER 12, 2012

Today’s weak economic environment has reduced expectations of oil demand growth for the medium term, yet the reallocation of demand by region and key product, which has been underway for the last 15 to 20 years, is expected to continue. Demand from non-OECD economies is forecast to overtake that in the OECD as early as 2014.

Oil 255

Oil Oil-Sands Global Oil Prices 255

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.

Saudi Arabia 150

Saudi Arabia Oil Iraq Iran 150

Green Car Congress

AUGUST 9, 2016

Expanding into an area outside of the oil supermajors’ expertise is risky—batteries are a hard business to win even for industry veterans—but action is key as transportation and the grid increasingly march toward more electrification, Lux suggests. Asia challenges loom for battery acquirers.

Oil 150

Oil Solar Energy Storage Asia 150

Green Car Congress

MAY 17, 2012

High oil prices, impending emissions regulations and technical advancements are propelling the market faster than we expected. On 6-7 June, Zeus will host an LNG-Fueled Marine Advancements meeting to present the survey, review trends and tour a new LNG-turbine propulsion system by GE. What surprised us is the rate.

Fuel 218

Fuel South Korea Mariner Finland 218

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. The market bought the “balance” message, and oil prices steadied at above $50 for three months.

Iraq 150

Iraq Saudi Arabia Oil Oil Prices 150

Green Car Congress

JUNE 13, 2012

The “Arab Spring” affected oil and gas supplies—most notably the complete, albeit temporary, loss of Libyan supply—while the tragic Fukushima accident in Japan had knock-on effects for nuclear and other energy sources around the world. more as natural gas was diverted to Asia. Prices increased in all regions.

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

JUNE 20, 2012

A consensus is developing that global oil production is less likely to come to a sharp peak and more likely to hit a plateau that might continue for some decades and then slowly decline. In response to these high prices, demand will moderate as petroleum consumers look for transportation options that are more energy efficient.

Oil-Sands 225

Oil-Sands Price Turkey Fuel 225

Green Car Congress

AUGUST 23, 2012

The new report— Oil & Gas Capital Expenditure Outlook, H1 2012 —forecasts that the total oil and gas capex will increase by 13.4% this year over the 2011 total of $916 billion, as oil companies intensify upstream operations across locations as diverse as offshore Brazil, the Gulf of Mexico and the Arctic Circle.

Oil 210

Oil 2012 Oil-Sands Gas 210

Green Car Congress

AUGUST 31, 2011

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

2010 256

2010 Brazil Global Argentina 256

Green Car Congress

FEBRUARY 23, 2017

Smaller amounts of China’s methanol supply are imported from the Middle East, Southeast Asia, South America, and the United States. MTG units involve high capital costs and are only cost-competitive when oil prices are high.

2000 150

2000 2016 Fuel China 150

Green Car Congress

NOVEMBER 24, 2010

Even with CCS, the liquid product costs are comparable to recent crude oil prices. For a liquids-only configuration, CCS is a cheaper option when the CO 2 price exceeds $12/tonne. The conference series rotates between, North America, Europe and Asia. GHGT-11 will be held 18- November 2012 in Kyoto.

Coal 231

Coal Oil Prices CO2 Gas-Electric 231

Green Car Congress

JULY 25, 2013

With prices expected to increase in the long term, however, the world oil price in real 2011 dollars reaches $106 per barrel in 2020 and $163 per barrel in 2040, according to IEO2013. Biomass Climate Change Coal-to-Liquids (CTL) Emissions Forecasts Fuels Gas-to-Liquids (GTL) Market Background'

2010 317

2010 Transportation Fuel Energy 317

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150

Oil Standards Price Oil Prices 150

Green Car Congress

OCTOBER 6, 2015

The land-based oil distribution network is smaller, but also important. The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. With the exception of LNG exports to Asia from Sakhalin, Russia sends natural gas to its customers via pipeline.

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

MAY 23, 2016

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels.

Saudi Arabia 150

Saudi Arabia Iran Store Oil 150

Green Car Congress

JANUARY 19, 2011

At the same time, oil—and gas—import dependency in the US is likely to fall to levels not seen since the 1990s, because of improved fuel efficiency and the increased share of biofuels. Global consumption growth is also impacted by higher oil prices in recent years and a gradual reduction of subsidies in oil-importing countries.

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

OCTOBER 27, 2010

Latin America and Asia Pacific, which are home to fewer projects in operation today, are set to gain significant market share in the long run. Countries with significant dependence on foreign imports of oil will likely show increased interest in algae-based biofuels if oil prices continue to rise over the next decade.

2020 319

2020 Production Water Oil Prices 319

Green Car Congress

JANUARY 17, 2015

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. kWh in China and Asia to US$0.09/kWh kWh in Africa.

Renewable 150

Renewable Parts Power Powered 150

Green Car Congress

MAY 27, 2009

World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.

2006 150

2006 Emissions Energy Oil-Sands 150

Green Car Congress

JULY 28, 2015

With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil. How will Saudi Arabia Capture Market Share Downstream?

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

OCTOBER 17, 2009

Energy prices reflected this shift: oil peaked at $144 per barrel in July, then fell to $34 per barrel in December. Continuing a decade-long trend, most of the growth was in the Asia-Pacific region, where production grew 6.3%. Nonetheless, high oil prices pushed production from the Canadian oil sands to 1.2

2008 150

2008 Oil-Sands Production Fuel 150

Green Car Congress

NOVEMBER 13, 2011

Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. Click to enlarge. Electric vehicles.

Oil 247

Oil Transportation Cheap Energy 247

Green Car Congress

APRIL 7, 2010

This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year. EIA has revised its assessment for Asia upwards and Europe downwards for 2010 in response to preliminary first-quarter data for those regions.

2008 186

2008 2010 Emissions Fuel 186

Green Car Congress

FEBRUARY 15, 2012

By 2030 all developing regions including Asia and Africa are expected to have the majority of their inhabitants living in urban areas; virtually all Population Growth over the next 30 years will be in cities. Yet the OECD projects that forest areas will decline globally by 13% from 2005 to 2030, mostly in South Asia and Africa.

Climate Change 310

Climate Change Water Climate Global 310