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IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

Green Car Congress

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

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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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Vehicle penetration 2000 to 2040. China will see the largest increase—more than 4 million oil-equivalent barrels per day. The outlook projects that oil and natural gas will continue to meet about 60% of energy needs by 2040. In 2010, about 75% of the world’s vehicles were in OECD countries. Source: ExxonMobil. Natural gas.

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Mercedes-Benz introduces new Vito mid-size van; up to 41.3 mpg US, new front-wheel drive option

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torque 230 N·m at 1500–2000 rpm. Due to lifetime filling with low-friction oil the transmission now runs more smoothly and thus more economically. The development engineers have also optimized the way the oil heats up during cold running and the torque converter’s hydraulic system. The same applies to the engine oil pump.

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VW introducing 1.8L EA888 Gen 3 engine in 2014 Jetta, Passat and Beetle; driving impressions

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liter TSI four-cylinder engine in the 2014 Jetta and Passat, followed by the 2014 Beetle. In a presentation at Volkswagen of America’s 2014 line drive in St. The A4 of model year 2000 with a 1.8 The 2014 Jetta. The resulting boost in driving performance is manifest. Click to enlarge. Intake and injection.

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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

He took the first step in Crimea in 2014 , and in the early morning hours of 24 February he ordered a large-scale invasion of Ukraine. Russia is the world’s second largest producer of crude oil, behind the United States and ahead of Saudi Arabia, and its second largest exporter, behind Saudi Arabia.

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Mercedes-Benz outlines synergies between F1 motorsport and production car engineering

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Entering Formula 1 as a works team in 2010, Mercedes-Benz built towards on-track competitiveness, but also faced the impending technical challenge for 2014. A development loop was completed from production to KERS (2009), the first foray of hybrids into F1, to production (AMG SLS Electric Drive) to a fully Hybrid F1 2014 (W05 Hybrid).

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MIT and Moscow State collaborating on advanced batteries, metal-air batteries and reversible fuel/electrolysis cells

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High-temperature solid-oxide fuel cells and solid-oxide electrolysis cells have potential over the intermediate term to double energy efficiency from fossil fuels and reduce greenhouse gas emissions as well as over the long-term to enable the shift to renewable energy sources such as solar and wind. —Harry Tuller.

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