Green Car Congress

MARCH 2, 2012

Business Mir reports that the Russian government has decided to cut the export duty on ultra-heavy oil to a mere 10% of the standard rate for 10 years to stimulate production. The decision will mostly benefit Tatneft, LUKoil and Alliance Oil, according to the report. Natural bitumen is oil having a viscosity greater than 10,000 cP.

Russia 199

Russia Oil Oil-Sands Kazakhstan 199

Green Car Congress

JUNE 26, 2022

As of May 2022, surplus crude oil production capacity in non-OPEC countries decreased by 80% compared with 2021, according to the US Energy Information Administration’s (EIA) new report Global Surplus Crude Oil Production Capacity. In 2021, 1.4 In 2021, 1.4

Oil 259

Oil Libya Global Russia 259

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. The gradual decline foresees a decrease in crude oil production by around 30% and natural gas production by around 15% by 2030.

Oil 465

Oil Gas Production Austria 465

Green Car Congress

APRIL 6, 2017

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 In 2015, only seven new hydrocarbon discoveries were made in Russia, three of them in the Baltic Sea. In 2016, only 3.7

Russia 150

Russia Oil 2016 Oil Prices 150

Green Car Congress

JULY 4, 2022

About 63% of today’s nuclear generating capacity comes from plants that are more than 30 years old, since many were built in the aftermath of the 1970s oil shocks. Nuclear is today the second largest source of low emissions power after hydropower, with nuclear plants in 32 countries.

Russia 458

Russia Emissions Powered Power 458

Green Car Congress

AUGUST 15, 2011

between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% About one third of this growth came from China, which now uses more than 10% of the world’s oil. The United States, Brazil, Russia, and the Middle East accounted for an additional 48% of the increase. After falling 1.5%

Oil 287

Oil Global Oil-Sands Saudi Arabia 287

Green Car Congress

MARCH 20, 2022

In the face of the emerging global energy crisis triggered by Russia’s invasion of Ukraine and the countervailing barrage of economic sanctions, the International Energy Agency (IEA) is proposing a 10-Point Plan to Cut Oil Use. IEA claims that its plan would lower oil demand by 2.7 Ban private cars in cities on Sunday.

Oil 370

Oil Ukraine Economy Global 370

Green Car Congress

JUNE 16, 2021

In the June Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI). million b/d in 2022.

Oil 243

Oil Global Price Production 243

Green Car Congress

FEBRUARY 19, 2012

Researchers at the Center will run the UNIHEAT project, which will focus on increasing energy efficiency and reducing heat loss in oil refining by up to 15% by improving refining operations, enhancing oil production processes, and reducing CO? The Center will be funded by the Skolkovo Foundation and BP Russia.

Russia 218

Russia Oil International London 218

Green Car Congress

DECEMBER 31, 2011

Flows through the Strait in 2011 were roughly 35 percent of all seaborne traded oil, or almost 20 percent of oil traded worldwide. ”. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million bbl/d was crude oil. million bbl/d in 2009-2010. —US EIA.

Oil 297

Oil Panama Saudi Arabia United Arab Emirates 297

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

JUNE 10, 2013

Map of basins with assessed shale oil and shale gas formations, as of May 2013. Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. Source: US EIA. Click to enlarge.

Oil 281

Oil Algeria United States Argentina 281

Green Car Congress

FEBRUARY 20, 2023

is to nationalize lithium so that it cannot be exploited by foreigners from Russia, China or the United States. Oil and lithium belong to the nation, they belong to the people of Mexico, to you, to all those who live in this region of Sonora, to all Mexicans. What we are doing now.

Mexico 543

Mexico Bolivia Argentina Chile 543

Green Car Congress

JULY 3, 2012

GE and OJSC Rosneft signed a memorandum of understanding (MOU) that lays the foundation for the two companies jointly to evaluate and develop commercial opportunities in oil and gas exploration and production in the Russian Federation. In addition, the Company participates in several exploration projects in Kazakhstan and Algeria.

Oil 231

Oil Gas Industrial Industry 231

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. In addition, TOYO has more than 50 years business history in Russia including eastern Siberia.

Japan 305

Japan Russia Companies Oil 305

Green Car Congress

APRIL 20, 2019

Total OECD annual production of crude oil, natural gas liquids (NGL), and refinery feedstocks increased by 10.3% Canadian production also increased on an annual basis (+8.1%), due to robust production of crude oil, while Mexico’s production continued to fall (-6.3%). or 105 Mt in 2018 compared to 2017. in 2018 compared to 2017.

2018 220

2018 Oil United Kingdom Asia 220

Green Car Congress

MAY 24, 2014

Rosneft and BP Exploration Operating Company Limited signed a Heads of Agreement on Domanik tight oil formations. The joint venture company (Rosneft 51%, BP 49%) will be incorporated in Russia. The Domanik region in Russia. Source: USGS. Click to enlarge. The document was signed within the framework of the St.

Oil 210

Oil Russia 2013 London 210

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

DECEMBER 28, 2011

Microturbine company Capstone Turbine’s ( earlier post ) sales to the oil and gas industry worldwide are at a record pace, according to Jim Crouse, Capstone’s Executive Vice President of Sales and Marketing. The company subsequently received a 3 MW order from another oil & gas producer in the Eagle Ford shale play.

Oil 218

Oil Gas Industrial Industry 218

Green Car Congress

DECEMBER 23, 2013

Russia’s Gazprom has begun oil production at the offshore Prirazlomnoye field in the Arctic—the first development on the Russian offshore Arctic shelf. Recoverable oil reserves for the field are 71.96 Recoverable oil reserves for the field are 71.96 The offshore stationary platform Prirazlomnaya. Click to enlarge.

Oil 218

Oil Production Russia Mariner 218

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

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

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

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

MARCH 11, 2022

The data and analytics company notes that such actions will simply mean Western countries will be more reliant on Russian oil and gas for longer. According to GlobalData’s Mining Commodity Analyzer , Russia was the third-largest producer of nickel in 2021, producing more than 200,000 tons. Trading had yet to resume as of 10 March.

Electric Vehicles 349

Electric Vehicles Russia Ukraine Vehicles 349

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. Something has to give. And it will.

Oil 186

Oil Saudi Arabia Production Russia 186

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 mb/d in 4Q12, with growth in refining activity concentrated in China, India and Russia. mb decline in OECD industry inventories.

2013 225

2013 Oil Saudi Arabia Global 225

Green Car Congress

SEPTEMBER 27, 2022

Nearly all petroleum products contributed to increased exports, and the largest volumes came from distillate fuel oil and hydrocarbon gas liquids (HGLs), which include propane. Distillate fuel oil exports increased by 19% (190,000 b/d) from the first half of 2021 to the first half of 2022.

Russia 284

Russia Production Oil Ukraine 284

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

APRIL 8, 2020

The trajectory of North American gas supply is set to change radically as a result of the fall in oil prices that has occurred due to COVID-19 and the breakdown in production cooperation between OPEC and Russia, according to IHS Markit. Associated gas is regular natural gas that is produced together with oil out of the same well.

Oil Prices 210

Oil Prices Oil Gas Supplies 210

Green Car Congress

AUGUST 24, 2010

Russia will increase oil output in East Siberia, Prime Minister Vladimir Putin said upon arrival in the Yakutian village of Tiksi. According to the Oil and Gas Journal ’s 2008 survey, as cited by the US EIA, Russia has proven oil reserves of 60 billion barrels, most of which are located in Western Siberia.

Oil 170

Oil C1 Russia Production 170

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

AUGUST 7, 2020

Oil markets have returned to relatively stable ground with Brent prices within a narrow $40-$45 per barrel range and could conclusively pass the $50 per barrel mark in the second half of 2021, according to Roger Diwan and the IHS Markit Energy Advisory Service. bbl in 2020 and $49.25/bbl bbl in 2021—up $7.09/bbl bbl and $5.25/bbl,

Saudi Arabia 186

Saudi Arabia Oil Oil Prices Price 186

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. mb/d this year, world oil demand is forecast to expand by 2.2 mb/d to 101.6

Oil 210

Oil Global Libya Russia 210

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

SEPTEMBER 29, 2014

Rosneft announced a major oil discovery at the East-Prinovozemelskiy-1 license area in the Kara Sea, following the successful completion of the drilling of the northernmost well in the world—the Universitetskaya-1 well. I can inform you about the discovery of the first oil/gas-condensate field in the new Kara sea oil province.

Oil 231

Oil Light Saudi Arabia Alaska 231

Green Car Congress

JUNE 13, 2012

Oil remains the world’s leading fuel, but its 33.1% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The fossil fuel mix continues to change with oil, the world’s leading fuel at 33.1%

Coal 261

Coal Oil Renewable Saudi Arabia 261