Green Car Congress

JULY 30, 2019

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. OPEC registered zero growth as production in the Arab Gulf countries were offset by losses in Iran and Venezuela due to geopolitical issues.

Saudi Arabia 170

Saudi Arabia Oil 2018 Global 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.

Chevron 244

Chevron Oil Oil-Sands Production 244

Green Car Congress

NOVEMBER 28, 2012

Long a major onshore and offshore producer of conventional crude, the recent growth in Canada’s liquids production has been driven by bitumen and upgraded synthetic crude oil produced from the oil sands of Alberta. Canada is the largest supplier of foreign oil to the United States, followed by Saudi Arabia, Mexico, and Venezuela.

Canada 225

Canada Saudi Arabia Oil-Sands 2012 225

Green Car Congress

NOVEMBER 2, 2020

Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). It will see production rise across all regions of the world, with the exception of Europe, where it will decline by 70% by 2050.

Turkmenistan 170

Turkmenistan Equatorial Guinea United Arab Emirates Gas 170

Green Car Congress

OCTOBER 26, 2017

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. The most near-term supply risk comes from Iraq. Iran probably won’t pose a supply risk to the market, at least not this year. by Nick Cunningham for Oilprice.com. bank Citi said.

Oil Prices 170

Oil Prices Oil Libya Iraq 170

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.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

MAY 8, 2011

This follows the completion of the deal announced last October in which BP’s existing partner, PdVSA of Venezuela, agreed to sell its 50% interest in the joint venture to Rosneft. In addition to these refineries, ROG owns DHC Solvent Chemie, one of Europe’s leading manufacturers of solvents and other speciality products from oil.

Venezuela 186

Venezuela 2002 Germany Oil 186

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. There, investment rebounded sharply and output rose, on the back of production costs being reduced by 50% since 2014. In addition, 6.5

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

AUGUST 26, 2011

Comparison of the percent differential for WTW (well-to-wheel) GHGs from gasoline produced from WCSB oil sands using different production processes relative to gasoline produced from reference crudes. The top four suppliers were Mexico, Venezuela, Saudi Arabia, and Nigeria. Source: FEIS, Appendix V. Click to enlarge.

Oil-Sands 253

Oil-Sands Emissions Oil Oklahoma 253

Green Car Congress

MAY 23, 2016

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. There will always be a need for additional production.

Saudi Arabia 150

Saudi Arabia Iran Store Oil 150

Green Car Congress

NOVEMBER 13, 2011

Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. Production of conventional crude oil—the largest single component of oil supply—remains at current levels before declining slightly to around 68 mb/d by 2035. Electric vehicles. —WEO 2011.

Oil 247

Oil Transportation Cheap Energy 247

Green Car Congress

JULY 28, 2015

Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy. With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? It makes trade flows in products very different,” said Amrita Sen of Energy Aspects.

Saudi Arabia 150

Saudi Arabia Price Oil India 150

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. If prices went too low the LTO operators couldn’t afford to drill, which would shrink supply and cause prices to rise. by David Yager for Oilprice.com.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

OCTOBER 6, 2015

Russia supplied about 30 percent (146.6 The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects. mmbbl/day) in 2013.

Russia 150

Russia Saudi Arabia Iran Iraq 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

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.

Russia 150

Russia Oil Saudi Arabia Market 150

Cars That Think

JANUARY 29, 2022

Bad things happen when demand outstrips supply. We learned that lesson too well at the start of the pandemic, when demand for toilet paper, disinfecting wipes, masks, and ventilators outstripped the available supply. Clearly, balancing the supply and demand of goods is critical for a stable, normal, functional society.

Power Grid 117

Power Grid Grid Powered Power 117

EV Info

SEPTEMBER 23, 2021

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change.

Powered 52

Powered Power Wind Coal 52

Green Car Congress

MAY 27, 2022

For example, in Nigeria, Glencore and Glencore’s UK subsidiaries entered into multiple agreements to purchase crude oil and refined petroleum products from Nigeria’s state-owned and state-controlled oil company. Glencore also admitted to bribery of officials in Brazil and Venezuela. Gulf Coast High-Sulfur Fuel Oil).

Los Angeles 199

Los Angeles Equatorial Guinea Price Nigeria 199

Drive Electric NZ

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.

Environment 98

Environment Electric Vehicles New Zealand Vehicles 98

Drive Electric NZ

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