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bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

Green Car Congress

This fall was driven mainly by oil, which accounted for almost three quarters of the net decline. World oil production fell for the first time since 2009 by 6.6 Production only increased in a few countries, mainly Norway (260,000 b/d) and Brazil (150,000 b/d). The oil price (Dated Brent) averaged $41.84/bbl

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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

Green Car Congress

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. Assuming Libya rebounds from a steep drop, the bloc’s production could increase 2.6

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BluE Nexus’s first eAxle adopted on Toyota’s bZ4X EV

Green Car Congress

This product has achieved excellent dynamic performance and high torque by increasing output density. AISIN has developed and produced more than 5 million electric units since the launch of its first hybrid transmission in 2004.

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Imperial Oil approves $2B in situ oil sands expansion project

Green Car Congress

Imperial Oil Limited has approved a $2 billion expansion of the company’s Cold Lake in situ oil sands operation in northeastern Alberta. The expansion, called Nabiye, will bring on additional commercial bitumen production of more than 40,000 barrels per day at Cold Lake.

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When Will Russia Run Out Of Oil?

Green Car Congress

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 Russia’s Oil Production 1970-2020 and Russia’s Deep-Hole Oil & Gas Exploration Drilling. In 2016, only 3.7

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Report finds comparable safety records for railways and pipelines moving crude oil

Green Car Congress

Railways and pipelines are equally safe means of transporting crude oil, according to a report comparing safety data for each mode. Prior to 2012, rail moved less than 6,000 tank cars of fuel oil and crude oil per year. Beginning in 2012, however, the amount of crude oil transported by rail began to grow.

Oil 150
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Petrobras Sets New Monthly Oil Production Record; Transpetro Launches First Promef Suezmax Tanker

Green Car Congress

Brazil’s Petrobras set a new monthly oil production record in April. Separately, Brazil president Luiz Inácio Lula da Silva launched to sea the first oil tanker under the Transpetro Fleet Modernization and Expansion Program (Promef) at the Atlântico Sul Shipyard (EAS), in the port of Suape, state of Pernambuco. Oil production.

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