Green Car Congress

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Both, it would seem, have incentive to do so, as each has lost over $100 billion in crude revenues in 2015—and Russia bears the extra burden of U.S. by Dalan McEndree for Oilprice.com. and $65.65

Russia 150

Russia Oil Saudi Arabia Market 150

Green Car Congress

AUGUST 24, 2022

Russia-based Nornickel has begun prototyping new nickel- and cobalt-based alloys, which are of high demand in the aviation, space, nuclear, chemical and oil and gas industries. Nornickel’s Kola Division in Russia is represented by Kola MMC, a wholly owned key production site.

Russia 435

Russia Range Environment Market 435

Green Car Congress

DECEMBER 5, 2019

Methane pyrolysis separates methane (CH 4 ) into gaseous hydrogen and solid carbon that is a valuable material for various industry branches and can also be stored safely. Now, KIT is partnering with industry partner Wintershall Dea to further develop this process for use on an industrial scale.

Kits 273

Kits Hydrogen Industry Industrial 273

Green Car Congress

OCTOBER 6, 2015

Energy is the foundation of Russia, its economy, its government, and its political system. Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ).

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

NOVEMBER 13, 2013

China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Oil use grows, but in a narrowing set of markets.

Oil 275

Oil 2013 Energy Emissions 275

Green Car Congress

JUNE 19, 2012

Japan’s Ministry of Economy, Trade and Industry (METI) will begin test drilling for oil and natural gas in the Sea of Japan off the coast of Niigata Prefecture in April 2013. METI hopes to discover Japan’s largest reserves of these resources—possibly the size of intermediate oil fields in the Middle East, according to METI.

Japan 239

Japan Oil 2013 Gas 239

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 OECD industry inventories drew by 18.7 mb decline in OECD industry inventories. days to 30 days in November.

2013 225

2013 Oil Saudi Arabia Global 225

Green Car Congress

JUNE 23, 2013

GE and OJSC Rosneft, one of the world’s leading oil companies, signed a strategic agreement to establish a joint venture focused on developing local expertise and technology solutions for the growing oil and gas sector in the Russian Federation.

Oil 199

Oil Gas Russia 2012 199

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.

Oil 247

Oil Transportation Cheap Energy 247

Green Car Congress

JANUARY 3, 2014

An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8

Estonia 236

Estonia Oil Cleaner Jordan 236

Green Car Congress

NOVEMBER 18, 2015

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

Saudi Arabia 150

Saudi Arabia Oil Europe Russia 150

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. OECD industry stocks also rose, by 42.5 mb/d in 2022 to 2.2 mb/d to 101.6

Oil 210

Oil Global Libya Russia 210

Green Car Congress

SEPTEMBER 10, 2014

Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). oil shale), and refinery gain. OPEC oil producers are the largest source of additional liquid fuel supply between 2010 and 2040.

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

JULY 21, 2022

After Russia began its full-scale invasion of Ukraine in late February 2022, the impacts of reduced global refining capacity were exacerbated. In its June 2022 Oil Market Report, the IEA expects net global refining capacity to expand by 1.0 million b/d in 2022 and by an additional 1.6 million b/d in 2023.

Global 448

Global China Kuwait Oman 448

Green Car Congress

NOVEMBER 16, 2015

State-owned oil companies are retaining their dominant position in the world petroleum industry according to Energy Intelligence ’s annual ranking of the world’s top 50 oil and gas companies, which was published today in Petroleum Intelligence Weekly (PIW). The Top 50 companies produce 75% of global oil output.

Oil 150

Oil Saudi Arabia Companies Venezuela 150

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 Congress

SEPTEMBER 21, 2011

Global emissions of CO 2 have increased by 45% between 1990 and 2010, and reached an all-time high of 33 billion tonnes in 2010 despite emission reductions in industrialized countries during the same period. Throughout the Kyoto Protocol period, industrialized countries have made efforts to change their energy sources mix.

Emissions 281

Emissions Global Transportation Industry 281

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 OECD demand, dragged down by weak industrial activity and warm weather, contracted by 390 kb/d y-o-y in 1Q23, its second consecutive quarter of decline. million barrels per day.

Oil 186

Oil Ukraine Russia Brazil 186

Green Car Congress

OCTOBER 3, 2009

billion from the American Recovery and Reinvestment Act for the capture carbon dioxide from industrial sources for storage or beneficial use. Chu said that it was highly unlikely that the US, Russia, China and India, which account for two-thirds of the coal reserves, “ will turn their back on coal anytime soon.”.for C6 Resources.

Carbon 210

Carbon Industry Industrial Coal 210

Green Car Congress

AUGUST 7, 2012

BP will establish a $100-million international research center, the BP International center for Advanced Materials (BP-ICAM) to lead research to advancethe fundamental understanding and use of materials across a variety of energy and industrial applications.

International 225

International Industry Industrial Energy 225

Green Car Congress

OCTOBER 14, 2015

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.

Oil 150

Oil China Pakistan Gas 150

Green Car Congress

AUGUST 7, 2020

However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. MMbtu in Russia, $8.7/MMbtu Natural gas in the long term.

Gas 243

Gas Global Industry Industrial 243

Green Car Congress

APRIL 17, 2012

Russia’s Rosneft and ExxonMobil signed agreements to implement a long-term Strategic Cooperation Agreement concluded in August 2011 jointly to explore for and to develop oil and natural gas in Russia and to share technology and expertise. In addition, RN Cardium Oil Inc., Earlier post.).

Canada 210

Canada Russia Delaware Oil 210

Green Car Congress

MAY 31, 2010

The multipurpose vessel, featuring an asymmetrical hull that is based on the icebreaking technology developed by Aker Arctic Technology Oy, will be able to use an innovative sideways movement to collect the oil in demanding ice conditions, as well as to break a broad ice band effectively.

Oil 170

Oil Finland Building Companies 170

Cars That Think

MARCH 12, 2025

Western government authorities deemed it an act of sabotage likely arranged by Russia, and called it a new and growing risk for undersea infrastructure. In 1846, Baku, the nations capital, was the site of the worlds first mechanically drilled oil well, and by the turn of the 20th century, the country supplied more than half of the worlds oil.

Azerbaijan 106

Azerbaijan Energy Armenia Power 106

Green Car Congress

MARCH 13, 2016

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. by Nick Cunningham of Oilprice.com.

Argentina 150

Argentina Oil Oil Prices Chevron 150

Green Car Congress

JUNE 3, 2009

University of Kent (UK) spin-off Oil Drum Ltd , has signed a licensing deal with UAB Hydro2 that will enable its on-board hydrogen generator technology to be manufactured, sold and installed in the Baltic States. It is also developing an opportunity in Russia.

Oil 150

Oil Hydrogen Lithuania Latvia 150

Green Car Congress

APRIL 24, 2015

Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? After the oil price crash in 1985, it took almost twenty years for prices to revert to previous levels.

Saudi Arabia 150

Saudi Arabia Oil Prices Oil Price 150

Green Car Congress

MAY 9, 2020

The second quarter of 2020 will see the largest volume of liquids production cuts, including shut-in production, in the history of the oil industry, according to IHS Markit. The Great Shut-In, a rapid and brutal adjustment of global oil supply to a lower level of demand is underway. Some will be impacted more than others.

Oil 170

Oil 2020 Global Oil Prices 170

Green Car Congress

JANUARY 28, 2011

Exxon Mobil subsidiary Exxon Neftegas Limited has successfully drilled the world’s longest extended-reach well at the Odoptu field, offshore far east Russia. The ERD process enables onshore drilling beneath the seafloor to the offshore oil and gas reservoirs in one of the most challenging sub-arctic environments in the world.

Russia 199

Russia 2003 Oil Gas 199

Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

Oil 150

Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

JUNE 26, 2009

In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Fossil oil consumption decreased by one per cent, due to high prices and more biofuels.

2008 170

2008 Oil Renewable Emissions 170

Green Car Congress

APRIL 30, 2017

Russia-based SCF Group (Sovcomflot) recently signed an agreement with Shell Western LNG B.V. for the supply of liquefied natural gas (LNG) to fuel the first Aframax crude oil tankers in the world to be powered by LNG. LNG will increasingly play a larger role in helping the shipping industry meet new emissions regulations.

Oil 150

Oil Fuel Mariner Russia 150

Green Car Congress

SEPTEMBER 2, 2015

If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.". Saudi Aramco Chairman Khalid Al-Falih indicated in March that Saudi Aramco would not cut investment.

Oil 150

Oil Saudi Arabia UAE 2015 150

Green Car Congress

APRIL 21, 2022

The industrialized world brushes these realities under the rug in favor of self-aggrandizing agenda-setting, and, in doing so, engenders critical supply risks and the potential for further environmental degradation. —Baker Institute report Need Nickel?

China 416

China Energy Indonesia Power Grid 416

Green Car Congress

MAY 22, 2011

The construction of a 13 million tonne per year (about 260,000 barrels per day) oil refinery joint venture between PetroChina Company Limited and Russia’s Rosneft in Tianjin is expected to start in the second half of the year. In addition to the refinery, the venture is expected to develop a network of retail filling stations.

2011 186

2011 Russia Oil 2015 186

Green Car Congress

JANUARY 15, 2011

International oil and gas major BP and Russian state-owned Rosneft have a formed a strategic global alliance, creating the first major equity-linked partnership between an international and a national oil company. BP is working with national oil companies using its leading exploration skills and expertise to meet this demand.

Global 199

Global Russia Oil International 199