Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Venezuela’s Woes.

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Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

DECEMBER 9, 2011

Rosneft, the leader of Russia’s petroleum industry and majority owned (75.6%) by the state, and PDVSA, Venezuela’s state-owned oil and gas company, have signed a tentative memorandum of understanding (MoU) to set up a joint venture to develop heavy crude oil reserves in Venezuela as part of the Carabobo-2 project.

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Venezuela Oil Commercial 2015 170

Green Car Congress

APRIL 27, 2017

It brings an additional cause of concern for global energy security at a time of heightened geopolitical risks in some major producer countries, such as Venezuela, the IEA said. The slump in the conventional oil sector contrasts with the resilience of the US shale industry. In addition, 6.5

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

NOVEMBER 15, 2012

When the oil sands products refined in the United States are considered—a mixture of oil sands and lower-carbon blending components—the GHG emissions are, on average, 9% higher than the average crude processed in the US. Average values for WTW GHG emissions for oil sands and other crudes, tight boundary. Source: IHS CERA.

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Oil-Sands Oil Emissions United States 388

Green Car Congress

MAY 10, 2017

The hydrogenation of carbon dioxide is a key step in the production of methanol; catalysts made from copper (Cu) and zinc oxide (ZnO) on alumina supports are often used. This catalyst—made of copper, zinc oxide, and aluminum oxide—is used in industry, but it’s not very efficient or selective. Click to enlarge.

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Convert CO2 Venezuela Hydrogen 170

Green Car Congress

JULY 11, 2016

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) crude oil output surged 300,000 barrels per day (b/d) in June, close to an eight-year high of 32.73 If the situation persists, the case for a return to some kind of production cap may gain traction. million b/d in June in order to meet domestic demand.

Saudi Arabia 150

Saudi Arabia 2008 Iran Nigeria 150

Green Car Congress

AUGUST 12, 2015

With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. The Saudis have kept their production levels high since last year in order to drive other players (especially US shale drillers) out of business.

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Oil Prices Saudi Arabia Oil Price 150

Green Car Congress

SEPTEMBER 29, 2012

Russian oil and gas major Rosneft, 75% owned by the government, will invest $16 billion in a planned joint venture project with Venezuela’s state oil and gas company PDVSA to develop the Carabobo 2 block in the southern Orinoco extra-heavy crude belt in Venezuela, according to Rosneft CEO Igor Sechin. The Orinoco oil belt in Venezuela.

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Venezuela Oil Oil-Sands Gas-Electric 257

Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. A state-controlled entity can do whatever it wants including shutting in production to manipulate prices without fear of prosecution. production declines.

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Oil Prices Oil Price Oil-Sands 150

EV Info

SEPTEMBER 23, 2021

Ministers decided they would rather throw hundreds of Northern workers out of a job, turn down hundreds of millions of pounds of investment and rely instead – for the five million tonnes of coal per year gap that we still need for industry – on energy imports from those famously reliable partners, Russia and Venezuela.

Power 52

Power Powered Wind Coal 52

Green Car Congress

JUNE 6, 2019

Canadian oil sands production is set to enter a period of slower annual production growth compared to previous years. The 10-year forecast expects two-fifths of the anticipated rise in oil sands production to 2030 will come from ramp-up of projects in construction or recently completed.

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Oil-Sands Oil Venezuela Production 170

Green Car Congress

JUNE 23, 2011

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Current product flow at Kern River field. Data: California DOGGR.

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Chevron Oil Oil-Sands Production 244

Green Car Congress

OCTOBER 20, 2015

Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices. Venezuela, an OPEC member, has even proposed an emergency summit meeting. This decision set crude prices on a downward path. and EU Ukraine-related economic and financial sanctions.

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Russia Oil Saudi Arabia Market 150

Green Car Congress

AUGUST 20, 2019

The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. Thermolysis, gas reforming and water-gas shift have been used in commercial industrial processes to generate hydrogen for more than 100 years. This compares with current H 2 production costs of around $2/kilo.

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Oil-Sands Oil Hydrogen Venezuela 375

Green Cars News

JULY 13, 2009

In previous studies, projected adoption rates have generally been based on electric vehicle sales as standalone products. million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela. light-vehicle fleet by 2030. “These vehicles make eliminating the U.S.

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Electric Cars Sale Cars Gasoline-Electric 42

Green Car Congress

FEBRUARY 3, 2015

in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units—a 10% drop from 2013; with politics impairing Argentina and Venezuela, and the economic climate weighing down markets like Brazil, Chile and Peru, where it may take a few years for demand to recover to previous highs.

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2015 Light Global Market 150

Green Car Congress

OCTOBER 6, 2015

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. Live by Energy….

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Russia Saudi Arabia Iran Iraq 150

Green Car Congress

AUGUST 1, 2014

Scientists at the US Department of Energy’s (DOE) Brookhaven National Laboratory, with colleagues from the University of Seville (Spain) and Universidad Central de Venezuela, have discovered a new, highly active catalytic system for converting carbon dioxide to methanol. Click to enlarge. Baber, Jaime Evans, Sanjaya D. Senanayake, Darío J.

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Conversion Venezuela CO2 Spain 236

Green Car Congress

JULY 10, 2015

Based on future world energy demand projections, they estimate that if growth of unconventional heavy oil production continues unabated, the incremental GHG emissions that results from replacing conventional oil with heavy oil would amount to 4–21 Gt-CO 2 eq over four decades (2010 by 2050). In other words, an average NER of 4.1.

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Oil-Sands Oil Energy Fuel 150

Green Car Congress

AUGUST 25, 2015

While the IEA projects surplus production will begin to recede in 2H 2016, they are suffering now (and in any case, it is a projection). As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense. Moreover, any comfort the OPEC outsiders gain at best may be cold comfort.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

NOVEMBER 13, 2011

The 450 Scenario works back from the international goal of limiting the long-term increase in the global mean temperature to two degrees Celsius (2 °C) above pre-industrial levels, in order to trace a plausible pathway to that goal. The share of biofuels in total transport fuel demand rises from less than 3% today to just above 6% by 2035.

Oil 247

Oil Transportation Cheap Energy 247

Green Car Congress

MARCH 6, 2018

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d by 2023 to 104.7

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Brazil Oil Norway Canada 218

Cars That Think

JANUARY 29, 2022

Spiking demand for electric heat collided with supply problems created by frozen natural-gas equipment and below-average wind-power production. Similar mismatches in supply and demand contributed to massive cascading blackouts in August 2003 in the northeastern United States and Canada, in July 2012 in India , and in March 2019 in Venezuela.

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Power Grid Grid Power Powered 113

Drive Electric

AUGUST 9, 2022

This is the sum of the emissions from raw materials, production, shipping, operation and end-of-life disposal – not just how clean it is to operate. Battery production is known to be the most energy-intensive part of the manufacturing process of an EV. In comparison, EV engines run on lithium batteries.

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Environment Electric Vehicles New Zealand Vehicles 98

Drive Electric

AUGUST 9, 2022

That’s why when measuring the efficiency of a vehicle, it’s become common to measure the processes involved in the entire ‘life cycle’ of a vehicle – what’s referred to as ‘cradle to grave’, or the sum of the emissions from raw materials, production, shipping, operation, and recycling – not just how clean it is to drive.

Environment 52

Environment Electric Vehicles New Zealand Vehicles 52