Green Car Congress

APRIL 5, 2023

Strong continuing international demand for petroleum and other liquids will sustain US production above 2022 levels through 2050, according to most of the cases in the US Energy Information Administration’s (EIA’s) Annual Energy Outlook 2023 (AEO2023). Eventually this trend becomes unprofitable, at which point new drilling stops.

International 273

International Oil Prices Production Oil 273

Green Car Congress

JULY 21, 2022

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2023.

Global 448

Global China Kuwait Oman 448

Green Car Congress

MARCH 3, 2021

The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year. Many economies are now seeing emissions climbing above pre-crisis levels.

Emissions 433

Emissions Global Carbon 2020 433

Green Car Reports

JUNE 13, 2024

Plug-in hybrids might add to oil consumption estimates, says BNEF New EPA guidelines might give plug-in hybrids a pass, if drivers don't plug them in Meanwhile, automakers have softened their battery-electric sales targets The global fleet of internal-combustion vehicles will peak in 2025, but plug-in hybrids may determine whether this leads to.

Plug-in 169

Plug-in Plug Oil Hybrid 169

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

JULY 30, 2019

Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on crude oil quality and on refining industry.

Saudi Arabia 170

Saudi Arabia Oil 2018 Global 170

Green Car Reports

OCTOBER 29, 2024

EVs could help hasten the ongoing transition from fossil fuels to renewable energy through the end of the decade, according to a new report from the International Energy Agency (IEA).

Fuel 171

Fuel Solar Global Coal 171

Green Car Reports

MAY 22, 2022

Russia's ongoing invasion of Ukraine has triggered international sanctions throttling the country's oil exports, leading to fears of every higher gas prices. million barrels of oil per day last year, according to new analysis from. But electric vehicle adoption has been helping make the situation less grim.

Russia 213

Russia Oil Ukraine Global 213

Green Car Congress

APRIL 23, 2018

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

Oil 276

Oil Global 2003 2007 276

Green Car Congress

MARCH 26, 2022

Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. Driven by Asian markets, global demand for virgin polyolefins is expected to grow above global GDP by 2030. Refining & Marketing.

Oil 465

Oil Gas Production Austria 465

Green Car Congress

OCTOBER 23, 2020

Fossil fuels still receive most of the international government support provided to the energy sector despite their “well-known environmental and public health damage,” according to new research from Rice University’s Baker Institute for Public Policy. 5 consumer of oil,” Krane said. Costs ranged from a low of 0.3%

Saudi Arabia 397

Saudi Arabia Global Fuel Oil 397

Green Car Congress

JUNE 23, 2023

First oil is targeted for 2028. Trion is a greenfield development that would represent the first oil production from Mexico’s deepwater. The investment is expected to deliver an internal rate of return (IRR) greater than 16% with a payback period of less than four years. Trion was discovered in 2012 by PEMEX.

Mexico 195

Mexico Oil Water Gas 195

Electrek

MARCH 2, 2024

Without EVs, solar, wind, and nuclear, the global rise in emissions in the last five years would have been three times larger, new International Energy Agency (IEA) analysis shows.

Global 145

Global Oil Wind Solar 145

Green Car Congress

JULY 13, 2023

Member States of the International Maritime Organization (IMO), meeting at the Marine Environment Protection Committee (MEPC 80) earlier this month, adopted the 2023 IMO Strategy on Reduction of GHG Emissions from Ships. The Marine Environment Protection Committee (MEPC) addresses environmental issues under IMO’s remit.

International 150

International Emissions Mariner 2008 150

Green Car Congress

APRIL 15, 2023

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 mb/d in 2022.

Oil 186

Oil Ukraine Russia Brazil 186

Green Car Congress

OCTOBER 7, 2021

In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —Stephen Nalley.

Global 259

Global Emissions Energy Asia 259

Green Car Congress

OCTOBER 9, 2019

Thirty-seven globally prominent scientists representing the International Journal of Engine Research have published an open-access editorial addressing the future of the Internal Combustion Engine, and stressing the importance for continued development of more efficient and even lower-emitting technologies. —Reitz et al.

International 312

International Engine Exhaust Emissions 312

Green Car Reports

OCTOBER 28, 2022

Global demand for fossil fuels will peak this decade due in part to Russia's invasion of Ukraine, which has accelerated many countries' move to renewable energy, according to the International Energy Agency (IEA).

Ukraine 186

Ukraine Global Russia Oil Prices 186

Green Car Congress

APRIL 1, 2020

IHS Markit Crude Oil Markets service expects up to 10 MMb/d of world oil production will be cut or shut-in from April to June 2020 as oil storage fills up and output from financially strapped companies begins to fall. If oil cannot be sold or stored, it cannot be produced. —Jim Burkhard. bbl on the physical market.

Oil 186

Oil Saudi Arabia Production Russia 186

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

MAY 19, 2022

Together with its partner Nordic Marine Oil, Neste is piloting a new Neste Marine 0.1 The sustainability characteristics of the co-processed marine fuel are certified with International Sustainability and Carbon Certification (ISCC PLUS) with a mass balance approach.

Mariner 186

Mariner Oil Emissions Fuel 186

Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

Oil 231

Oil Industrial Industry Financing 231

Green Car Congress

OCTOBER 5, 2018

Petrochemicals are rapidly becoming the largest driver of global oil demand. Petrochemicals are set to account for more than a third of the growth in world oil demand to 2030, and nearly half the growth to 2050, adding nearly 7 million barrels of oil a day by then. Source: IEA.

Oil 281

Oil Waste Economy Global 281

Green Car Congress

MAY 31, 2020

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

Global 344

Global Energy Coal 2020 344

Green Car Congress

MAY 22, 2019

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. “ —Gabriel Collins. —Gabriel Collins.

Oil Prices 330

Oil Prices Gasoline-Electric Gasoline Oil 330

Green Car Congress

APRIL 25, 2021

ExxonMobil and Global Clean Energy have expanded their five-year agreement to increase ExxonMobil’s purchase of renewable diesel to up to 5 million barrels per year. The renewable diesel leverages Global Clean Energy’s patented camelina crop, which can significantly reduce life-cycle greenhouse gas emissions. Earlier post.).

Purchase 186

Purchase Renewable Clean Cleaning 186

Green Car Congress

SEPTEMBER 3, 2021

LG Chem and Korean biodiesel producer and exporter Dansuk Industrial will form a joint venture to build Korea’s first next-generation hydro-treated vegetable oil (HVO) plant. HVO is a next-generation bio-oil produced through hydro-treatment of vegetable raw materials such as waste cooking oil and palm by-products.

Oil 186

Oil Building Waste Fuel 186

Green Car Congress

JUNE 26, 2020

In an EU-funded research project, an international consortium is aiming to develop new production methods for sustainable marine fuels to replace heavy fuel oils in shipping. In addition, the International Maritime Organization (IMO) is seeking to ban HFO use in Arctic waters. The participants are Vertoro B.V. (NL);

Mariner 273

Mariner Oil Fuel Cleaner 273

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. shale production will continue to grow along with global demand. shale production will continue to grow along with global demand. oil may not be able to fill.

Oil Prices 170

Oil Prices Oil Saudi Arabia 2020 170

Green Car Reports

MARCH 17, 2023

The global market for internal-combustion vehicles peaked in 2017 and is now in "structural decline," Bloomberg New Energy Finance declared in a recent report. In 2017, 86 million internal combustion passenger vehicles were sold globally—including.

2017 182

2017 Sale Oil Vehicles 182

Green Car Congress

AUGUST 12, 2020

ExxonMobil has signed an agreement with Global Clean Energy Holdings to purchase 2.5 As background, globally, in 2019, ExxonMobil sold some 1.9 million barrels per day of heating oils, kerosene and diesel oils. The US share of that was 449,000 barrels per day. The US share of that was 449,000 barrels per day.

Renewable 186

Renewable Clean Cleaning Diesel 186

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

APRIL 15, 2022

A team at Oak Ridge National Laboratory (ORNL) has developed a new computational model of a two-stroke scaled marine engine, with reduced chemical mechanisms for diesel, biodiesel, bio-oil, and polycyclic aromatic hydrocarbons (PAH). For the study, the surrogate is based on the bio-oil produced by Dynamotive Energy Systems.

Mariner 170

Mariner Oil Engine Emissions 170

Green Car Congress

JULY 6, 2018

When reports emerged that India and China are in talks about forming an oil buyers’ club , OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. The timing is right.

Oil 170

Oil India Oil Prices Japan 170

Green Car Congress

JANUARY 18, 2013

In its latest Oil Market Report , the International Energy Agency (IEA) raises its forecast for global consumption of oil to 90.8 Global crude oil supplies fell by 170 kb/d in December, to 91.2 Average OPEC crude output reached an historic high in 2012 in the wake of continued global demand growth.

2013 225

2013 Oil Saudi Arabia Global 225

Green Car Congress

APRIL 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA).

Oil 255

Oil Oil-Sands Global Oil Prices 255