Green Car Congress

MAY 8, 2023

Despite oil demand in the transport sector forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement. Conversely, the consumption of oil within aviation will be virtually flat to 2050, with hydrocarbons set to have a 60% share in the sector in the same year.

Oil 335

Oil Transportation Hydrogen North America 335

Green Car Congress

JULY 29, 2021

The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high-quality oil-bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high-quality oil-bearing sandstone reservoirs.

Guyana 243

Guyana Oil Singapore Miles 243

Green Car Congress

JANUARY 30, 2023

In the first half of 2022, motors with oil cooling became the dominant form in the electric car market, taking 50% market share, according to a report from IDTechEx. IDTechEx is predicting oil to gain an even greater market share with purely water jacket-cooled motors remaining in a significant way. This is where oil cooling comes in.

Oil 273

Oil Motoring Motors Motor 273

Green Car Congress

FEBRUARY 24, 2022

Other collaborators include EXP (a global engineering and consulting firm); and The Center for Houston’s Future (a nonprofit organization devoted to fact-based strategic planning, collaboration, and action on issues of great importance to the long-term future of Houston).

Hydrogen 458

Hydrogen Clean Cleaning Houston 458

Green Car Congress

DECEMBER 31, 2022

In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). In 2021, Texas’s annual crude oil and lease condensate proved reserves increased by 12% (1.9

Oil 259

Oil Gas Alaska New Mexico 259

Green Car Congress

OCTOBER 5, 2020

BASF will uptake most of the pyrolysis oil and process it into new chemical products by using a mass balance approach as part of its ChemCycling project. Future investors in the technology can have the certainty that the pyrolysis oil produced will be taken up by BASF to produce high-performance chemical products.

Oil 259

Oil Parts Companies Waste 259

Green Car Congress

APRIL 12, 2021

A team of scientists from Heriot-Watt University has found the waters in the Faroe-Shetland Channel (FSC) are teeming with oil-eating bacteria. The FSC is a deepwater sub-Arctic region where the oil and gas industry has been active for the last 40?years. —Angelova et al. 03701-20.

Oil 225

Oil Water Mariner Pollution 225

Green Car Congress

SEPTEMBER 1, 2023

To reduce the number of accidents in the global oil and gas industry caused by damaged pipelines, University of Houston researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. When larger spills happen, pipelines are often the culprit.

Oil 221

Oil Gas Chevron Houston 221

Green Car Congress

MAY 11, 2021

With the conventional lubrication Prelube I (left), one gram of oil is applied over every square meter of sheet steel. grams of oil are required for every square meter. The new oil class creates a protective film on the surface of a metal sheet that is thicker and does not run off. grams of conventional oil.

Audi 243

Audi Oil Manufacturer SUV 243

Green Car Congress

APRIL 19, 2023

In addition, the specialists for off-road engines from MAN Engines optimized the oil pan and oil pump of the MAN D3876. In addition, the engine is approved for operation with HVO (hydrogenated vegetable oil)—also known as regenerative diesel—according to the EN15940 standard.

Engine 293

Engine Future Exhaust Diesel 293

Green Car Congress

JULY 29, 2020

Canadian oil sands production is expected to decline by nearly 175,000 barrels per day (b/d) in 2020 as a result of COVID-19—the largest annual decline on record. The new forecast by the IHS Markit Oil Sands Dialogue , which takes into account the “COVID-19 shock,” projects Canadian oil sands production to reach 3.8

Oil-Sands 221

Oil-Sands Oil 2020 Production 221

Green Car Congress

JANUARY 31, 2023

trillion cubic feet (Tcf) in 2021, a 32% increase from 2020, according to the US Energy Information Administration’s (EIA’s) recently released Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2021 report. Proved reserves of natural gas in the United States grew to a new record of 625.4

Gas 457

Gas Alaska Louisiana 2020 457

Green Car Congress

MARCH 14, 2023

The Record of Decision (ROD) reduces the size of the project by denying two of the original five drill sites proposed by ConocoPhillips, which is seeking to develop oil and gas leases it acquired beginning in the late 1990s. The Willow project is estimated to produce 180,000 barrels of oil per day at its peak. Earlier post.)

Alaska 397

Alaska Oil Gas Miles 397

Green Car Congress

JANUARY 15, 2021

One of the key elements is a regulatory framework that guarantees future-proof sustainability requirements. In the first phase of SAF deployment through 2025, waste oils are the likeliest source of low-carbon fuel due to their low carbon intensity and ease of conversion.

Future 240

Future Fuel Waste Climate 240

Green Car Congress

DECEMBER 12, 2021

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.

Price 416

Price Oil Asia Gas 416

Green Car Congress

MAY 27, 2023

To cover future needs of heavy-duty vehicles, airplanes, and ships and provide chemical industry with basic substances, we will require the corresponding industrial facilities. This will affect future production capacities. So-called “refuels” promise to reduce CO 2 emissions by 90% compared to conventional fuels.

Future 221

Future Fuel Kits Production 221

Green Car Congress

JUNE 18, 2022

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. Since 6 June, WTI and Brent futures have averaged above $120/bbl.

Oil 210

Oil Global Libya Russia 210

Green Car Congress

APRIL 6, 2022

By the middle of this decade greenhouse gas (GHG) emissions from Canadian oil sands production should be in decline even as production continues to grow, according to a new comprehensive report by S&P Global Commodity Insights that takes into account current technology trends and production growth. million barrels per day during this period.

Oil-Sands 186

Oil-Sands Oil Emissions Global 186

Green Car Congress

AUGUST 18, 2021

Anglo-Australian BHP Group is merging its oil and gas business with Woodside Petroleum Ltd. On 5 August, the BHP Board approved US$544 million in capital expenditure to execute the Shenzi North oil project in the US Gulf of Mexico. An additional US$100 million is payable contingent upon a future FID for a Thebe development.

Future 221

Future Trinidad Mexico Australia 221

Green Car Reports

JUNE 13, 2024

And are plug-in hybrids potentially adding to future oil demand? With the release of its annual EV sales outlook, Bloomberg New Energy Finance suggests that plug-in hybrids are a wild card for oil demand. The point-of-sale EV tax credit is very popular. This and more, here at Green Car Reports.

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Tax Credit Porsche Oil Tax 162

Green Car Congress

JUNE 15, 2019

In a major new report on hydrogen, the International Energy Agency says that the time is right to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future. A wide variety of fuels are able to produce hydrogen, including renewables, nuclear, natural gas, coal and oil. —Dr Birol.

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Clean Cleaning Affordable Future 255

Green Car Reports

MARCH 6, 2023

A strong SUV market is leading to higher oil demand today, and may make future carbon dioxide (CO2) emissions targets harder to achieve, according to the International Energy Agency (IEA). New IEA analysis found that global CO2 emissions from SUVs reached nearly 1.1 SUVs are.

CO2 179

CO2 Oil SUV Global 179

Green Car Congress

MARCH 7, 2020

Leading short sea ro-ro operator UECC and sustainable marine biofuel pioneer GoodFuels have launched a joint trial of GoodFuels Bio-Fuel Oil (MR1-100 or BFO) on UECC’s ro-ro vessel M/V Autosky. Due to the absence of sulfur, the Bio-Fuel Oil can also be used to replace distillate fuels.

Mariner 397

Mariner Belgium Spain Oil 397

CleanTechnica EVs

NOVEMBER 20, 2024

The good news: oil demand is cooling. One can’t really claim oil demand is “falling” (yet), but growth has slowed down to its lowest level in over a decade, with 2024 being a pivotal year. Let’s look at the realities of oil. The bad news: it’s not yet done growing.

Oil 86

Oil Future Electric Vehicles Fuel 86

Green Car Congress

DECEMBER 22, 2022

Fulcrum BioEnergy, a clean energy company pioneering the creation of renewable, drop-in transportation fuels from landfill waste, successfully produced a low-carbon synthetic crude oil using landfill waste as a feedstock at its Sierra BioFuels Plant, the world’s first commercial-scale landfill waste-to-fuels plant. Source: Fulcrum BioEnergy.

Sierra 221

Sierra Waste Carbon Oil 221

Green Car Congress

APRIL 5, 2023

EIA projects that the United States will continue to be an integral part of global oil markets and a significant source of supply in these cases, as increased exports of finished products support US production. It reflects laws and regulations adopted through mid-November 2022 but assumes no new laws or regulations in the future.

International 273

International Oil Prices Production Oil 273

Green Car Congress

JANUARY 29, 2020

Second, LNG is, and has been, less expensive than MGO and is now in some regions cheaper than heavy fuel oil (HFO). Moreover, to comply with IMO’s 2020 global sulfur limit, ships must either switch from HFO to more expensive very low sulfur fuel oil (VLSFO) or use HFO with a scrubber, if they have one installed. Credit: The ICCT.

Mariner 427

Mariner Climate Fuel Oil 427

CleanTechnica EVs

AUGUST 19, 2024

The Texas startup Group1 is banking that the EV battery of the future will deploy potassium to cut costs and improve performance. The post Texas EV Battery Startup Aims To Break Texas Oil Industry appeared first on CleanTechnica.

Texas 144

Texas Oil Industry Industrial 144

Green Car Congress

JANUARY 4, 2022

In 2021, the energy index group made up 54% of the GSCI, and two crude oil benchmarks, West Texas Intermediate (WTI) and Brent crude oil, accounted for approximately 70% of the weighting in the energy sector index. WTI crude oil makes up the largest share of the overall GSCI at more than 21%.

Price 273

Price Energy Oil Gasoline 273

Green Car Congress

DECEMBER 13, 2021

Alfa Laval offers a range of oil-fired and oil and exhaust gas-fired boilers for ships. In the future, methanol operations will need to extend to boilers. Focus was therefore placed on securing the same steam output with methanol—despite its lower heat value—as would be the case using oil or gas as fuel.

Mariner 416

Mariner Grant Oil Exhaust 416

Green Car Congress

DECEMBER 15, 2020

The facility will produce renewable diesel from non-fossil feedstocks such as soybean and canola oils, distillers corn oil, tallow, used cooking oil, and feedstocks of the future such as bio-crudes.

Renewable 397

Renewable Louisiana Fuel Diesel 397

Green Car Congress

JANUARY 1, 2021

Irkutsk Oil Company (IOC), Japan Oil, Gas and Metals National Corporation (JOGMEC), and Itochu Corporation are partnering on a joint feasibility study of a blue ammonia value chain between eastern Siberia and Japan. The project aims to establish a future blue ammonia value chain at a commercial scale.

Japan 305

Japan Russia Companies Oil 305

Green Car Congress

MAY 5, 2023

The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

Oil 170

Oil Grant Gas Industry 170

Green Car Congress

DECEMBER 28, 2022

Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. According to S&P Global Commodity Insights’ hydrogen outlook, global hydrogen demand grows from 70.4

Hydrogen 482

Hydrogen Insight Oklahoma Carbon 482

Green Car Congress

AUGUST 4, 2020

Hydrogen used for treating crude or bio-crude oil to produce jet fuel with a lower carbon intensity is also considered as an early-stage application. Scaling-up the electrofuel industry will require a coordinated effort on the part of the broader industry (including upstream oil and gas), governments and research institutions globally.

Hydrogen 476

Hydrogen Emissions Australia Fuel 476

Green Car Congress

DECEMBER 9, 2020

The acquisition secures the future of the site and safeguards many jobs that might otherwise have been lost. We are in the midst of a major transformation of our company and aim to successfully shape it for the future. To this end we are investing heavily in our electric offensive and comprehensive digitalization.

Mercedes 435

Mercedes Production Manufacturer Future 435

Green Car Congress

DECEMBER 2, 2022

This proposed rule would reduce US oil imports by roughly 160,000 to 180,000 barrels of oil per year over the time frame of the proposed rule, 2023 to 2025. The agency is seeking comment on this new component of the RFS program that would tie electricity generation from renewable biomass into the program for the first time.

EPA 210

EPA Renewable Standards Fuel 210