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Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.
China’s apparent oil demand in October rose 2.9% million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data. Despite the year-over-year increase, China’s apparent oil demand in October slipped 2.5% Meanwhile, total apparent oil demand was 9.96 year over year to 42.65 million mt.
Researchers from the Chinese Academy of Forestry have demonstrated an alternative technique for the production of drop-in fuels via the esterification of bio-oil produced by the cracking of soybean oil over a basic catalyst in a continuous pyrolysis reactor at atmospheric pressure. Bioresource Technology doi: 10.1016/j.biortech.2010.06.147.
Lab tests conducted by PetroChina of oil sands samples obtained in Yousha Mountains at Qaidam basin in northwest China determined that the resource is proven economically feasible for further exploration and development. But the report did not give any detail figure for the total reserve of the oil sands in the project. gram/cubic cm.
Jiangnan Shipyard, owned by China State Shipbuilding Corp (CSSC), has ordered an LPG (liquefied propane gas)-burning MAN B&W 6G60ME-LGIP engine in connection with the building of an 86,000-m 3 VLGC (Very Large Gas Carrier) for Tianjin Southwest Maritime (TSM), the Chinese shipping company.
Sinopec is the instrumental partner in helping the Central Government to establish a Chinese airworthiness certification for alternative aviation fuels made from locally grown feedstocks. The certified fuel known as “1# bio-jet fuel” will be produced by Sinopec using its own technology in a newly built refinery in Hangzhou (near Shanghai).
Yesterday, the same day that Juan Diego Celemín Mojica discussed at length for CleanTechnica the matter of global peak oil demand and how the International Energy Agency and OPEC+ are noticing versus ignoring EV sales growth in China and declining oil demand, the US Energy Information Administration put out an.
of China (COMAC) opened a demonstration facility that will turn waste cooking oil, commonly referred to as “gutter oil” in China, into sustainable aviation biofuel. billion liters) of biofuel could be made annually in China from used cooking oil. Boeing and Commercial Aircraft Corp.
Researchers at Henan Polytechnic University in China have hydrotreated the oil derived from hydrothermal liquefaction of scrap tires (STO) with waste engine oil (WEO) using five different activated carbon-supported noble metal catalysts—Pd/C, Pt/C, Ru/C, Ir/C, and Rh/C—for the production of liquid fuels. —Liu et al.
Sapphire and Sinopec have been working on an algae-derived renewable crude oil project. The EcoPartnerships Program promotes cooperation between US and Chinese sub-national actors who work on clean energy, climate change, and environmental protection, to help address some of the biggest challenges facing our two countries.
Researchers at the Dalian Institute of Chemical Physics, Chinese Academy of Sciences have devised a one-step hydrotreatment process for vegetable oil that combines deoxygenation and isomerization directly to produce low cloud point, high quality diesel. Over the bifunctional catalyst, 100% conversion of soybean oil is obtained at 357?°C,
The International Energy Agency’s August Oil Market Report (OMR) trims 2012/2013 oil demand expectations by 300-400 thousand barrels per day (kb/d), although annual growth remains in an 800-900 kb/d range both years. Highlights of the August OMR include: Sluggish economic growth could restrict annual oil demand growth to 0.9
The Jakarta Post reported that Chineseoil and gas firm PetroChina will increase its investment in oil and gas exploration and development in Indonesia by 30% this year to boost oil lifting and counteract declining production.
The Boeing-COMAC Technology Center’s first research project will explore opportunities to refine waste cooking oil, often described in China as “gutter oil,” into sustainable aviation biofuel. Finding ways to convert discarded “gutter oil” into jet fuel could enhance regional biofuel supplies and improve biofuel’s affordability.
China’s apparent oil demand in July increased to 38.29 million barrels per day (b/d), as oil consumption appeared to have recovered after seasonal refinery maintenance, according to an analysis of recent Chinese government statistics by Platts. In July, Chinese refineries processed 37.49 million b/d and 6.2%
The transaction is anticipated to close in the third quarter of 2010 once Canadian and Chinese government approvals are obtained. ConocoPhillips remains active in oil sands production through its Foster Creek, Christina Lake and Surmount SAGD (steam assisted gravity drainage) projects.
36 million barrels, depending upon output product) coal-to-oil project using domestically developed indirect coal liquefaction technology approved by the National Energy Administration earlier this year. million tpy coal-to-oil plant which is based on a direct coal-to-liquids technology. billion), 5 million tonnes-per-year (approx.
Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Less active oil majors in this space include ExxonMobil and ConocoPhillips.
Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. Additionally, in 2012 the Chinese Ministry of Finance announced it would provide annual subsidies up to two billion yuan ($323.6 China Electric (Battery) Fuel Efficiency Oil Policy'
Researchers at the University of Science and Technology of China (Hefei, China) demonstrated the efficient production of hydrogen from bio-oil via an electrochemical catalytic reforming method over a CoZnAl catalyst. A paper on their work appears in the Chinese Journal of Chemical Physics. Shao-bin Lin et al.
The Ukraine state oil and gas company Naftogaz signed a US$3.656-billion credit agreement with the state-owned China Development Bank to finance the program of substituting natural gas with locally produced coal. Previously, Ukraine expressed its interest in the Chinese technology of coal gasification and coal-water fuel production.
billion, 8-year loan agreement with China Development Bank (CDB) for boosting production at the Sinovensa heavy oil joint venture in the Orinoco belt from 140,000 barrels per day to 330,000 barrels per day by 2016. The Orinoco Oil Belt Assessment Unit of the La Luna?Quercual Venezuela’s PDVSA signed a $4.0-billion, Schenk C.J.,
an indirectly non wholly-owned subsidiary of Wison Engineering Services, was awarded a procurement and construction (PC) contract by Venezuela’s PDVSA Petroleo, S.A.for the site preparation for the Puerto la Cruz oil refinery Deep Conversion Project. Wison Engineering Ltd., Earlier post.)
The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 As for OPEC+, total oil output in 2023 may fall as embargoes and sanctions shut in Russian volumes and producers outside the Middle East suffer further declines. mb/d this year, world oil demand is forecast to expand by 2.2 mb/d to 101.6
Oil markets have returned to relatively stable ground with Brent prices within a narrow $40-$45 per barrel range and could conclusively pass the $50 per barrel mark in the second half of 2021, according to Roger Diwan and the IHS Markit Energy Advisory Service. bbl in 2020 and $49.25/bbl bbl in 2021—up $7.09/bbl bbl and $5.25/bbl,
Senator Marco Rubio to put big tariffs on Chinese electric vehicle imports (which are non-existent at the moment, but expected). continued] The post Marco Rubio’s Concern About Chinese EVs Betrays Republican Support For Oil, Hindrance To Electrification appeared first on CleanTechnica.
WANG Feng at the Dalian Institute of Chemical Physics (DICP) of the Chinese Academy of Sciences have reported that photocatalytic decarboxylation is an efficient alternate pathway for converting biomass-derived fatty acids into alkanes under mild conditions of ambient temperature and pressure. Researchers led by Prof.
(JAPEX) plans to invest ¥65-70 billion (US$830–893 million) in its Canadian oil sands projects, Chief Executive Osamu Watanabe told Dow Jones Newswires. China’s biggest offshore oil and gas producer, said it will buy Canadian oil-sands developer OPTI Canada Inc. and Esso (Imperial Oil) to form the PCEJ group.
In its April Oil Market Report , the International Energy Agency (IEA) forecasts that world oil demand will climb by 2 mb/d in 2023 to a record 101.9 Extra cuts by OPEC+ will push world oil supply down 400 kb/d by end of 2023. For the year as a whole, global oil production growth slows to 1.2 million barrels per day.
MAN Diesel & Turbo has won the contract to supply the engines for six Chinese LNG carriers (LNGCs). Fuel Sharing Mode describes the operation of a dual-fuel engine with a mixture of fuel gas (NG, NBOG) and fuel oil (MGO, MDO or HFO) at a certain ratio. Fuel-sharing mode (FSM) will be applied to each unit.
In September 2013, China’s net imports of petroleum and other liquids exceeded those of the United States on a monthly basis, making it the largest net importer of crude oil and other liquids in the world, according to figures from the US Energy Information Administration (EIA). million barrels per day, primarily from tight oil plays.
Just mosey on over to the Republic of Texas where two of America’s biggest polluting oil companies are ponying up millions of dollars to pay for an initiative on the California ballot that would suspend our state’s Global Warming Solutions act, AB 32.
Since 2009, China has been taking a much more active role in its pursuit of international oil contracts. In 2009, for the first time, Saudi Arabia exported more of its oil to China than it did to the U.S. China also made large investments in Saudi Arabia’s oil refining industry as well.
A team of German and Chinese scientists led by Johannes A. Lercher at the Technical University of Munich has developed a new catalytic process for the aqueous-phase hydrogenation of components of bio-oil directly into alkanes and methanol. Bio-oil (or pyrolysis oil) is produced by fast pyrolysis or liquefaction of biomass.
China’s apparent oil demand rose 4.1% million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data. The latest analysis is based on a new methodology introduced from July in response to significant shifts in Chinese consumption and trade patterns in recent years. million b/d, rising 1.9%
Researchers from the Department of Energy’s Pacific Northwest National Laboratory (PNNL), the National Energy Technology Laboratory (NETL) and the Chinese Academy of Sciences (CAS) have formed the Clean Energy Partnership to accelerate the development and deployment of coal conversion, emissions capture and carbon storage technologies.
China’s apparent oil demand in December rose 5.3% million barrels per day (b/d)—the highest absolute demand on record—according to a just-released Platts analysis of Chinese government data. China’s apparent oil demand in 2014 rose 3% from a year before to an average of 10.1 year over year to 44.96 million mt.
Associated sanctions on Russia—with more than 5 million b/d in crude oil processing capacity—disrupted exports of Russia’s refined products into the global market, and will likely continue to do so as import bans in the European Union and United Kingdom come into full force. million b/d in 2022 and by an additional 1.6
According to Hu Angang of the Chinese Academy of Sciences, 33.3% th _Five_Year_Plan.pdf">12 th Five Year Plan – Chinese Leadership Towards A Low Carbon Economy. DBCCA is the brand name for the institutional climate change investment division of Deutsche Asset Management, the asset management arm of Deutsche Bank AG. —DBCCA.
Our collaboration with China Southern and the support of the Guangzhou government open the door to new opportunities for switchable-battery electric cars made by Chinese manufacturers for the domestic and export markets. — Better Place Founder and CEO Shai Agassi.
Athabasca Oil Sands Corp. Oil sands projects are very capital-intensive long-term investments and difficult to fully finance in the traditional equity market. As joint venture partners, AOSC and PetroChina International intend to use common in-situ methods to develop their oil sands projects. billion (US$1.7 Earlier post.).
About 63% of today’s nuclear generating capacity comes from plants that are more than 30 years old, since many were built in the aftermath of the 1970s oil shocks. As a result, advanced economies have lost market leadership, as 27 out of 31 reactors that started construction since 2017 are Russian or Chinese designs.
Over the last week or so we have seen some violent swings in the price of oil, swings that in many ways defy logic. That is not to say that traders and investors at home should be simply making wild guesses, it is just that right now, the oil markets are trading on factors other than the fundamental influences that we are used to.
How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. Global Nickel Trade and Chinese Dominance. The detailed report— Need Nickel?
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