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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

Green Car Congress

CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.

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Canada Launches Heavy Oil Working Group to Promote Cleaner Fossil Fuels

Green Car Congress

The Government of Canada has established a Heavy Oil Working Group. Comprising countries such as Canada, Brazil, Colombia, Mexico, the United States and Venezuela, the Heavy Oil Working Group will collaborate on clean energy research to reduce the impact of fossil fuel development. Minister Paradis. Minister Paradis.

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Forecast: Global Biofuels Use to Double by 2015, Second-Gen Biofuels to Lag Expectations

Green Car Congress

Despite a number of key issues such as land use and competition for feedstocks supplies for traditional food and feed uses, global use of biofuels is excepted to more than double from 2009 to 2015, according to a new global analysis released by Hart Energy Publishing’s Global Biofuels Center (GBC). billion gallons).

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IFQC annual ranking of gasoline sulfur standards sees progress around the world; US drops to 46th

Green Car Congress

A trio of European countries and one from South America made major strides in reducing their levels of sulfur content in gasoline, allowing them to advance in the annual global ranking published by Hart Energy’s International Fuel Quality Center (IFQC). Sulfur is found naturally in crude oil.

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Fairbanks Morse Engine and Achates Power team up on opposed-piston engines

Green Car Congress

while meeting the most stringent, global vehicle emissions standards. Achates Power began modernizing opposed-piston engines in 2004, inspired by the record-setting Junkers Jumo 205 diesel aircraft engine. After more than 4,500 hours of dynamometer testing, the company has demonstrated brake thermal efficiency of 47.8%

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This Essential Element of the Power Grid Is in Critically Short Supply

Cars That Think

Hitachi Energy , Siemens Energy , and Virginia Transformers have announced plans to scale up production with new facilities in Australia, China, Colombia, Finland, Germany, Mexico, the United States, and Vietnam. Copper windings are typically insulated by paper and mineral oil to protect them from overheating. manufacturers.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. Electric car sales in 2023 were 3.5