Green Car Congress

JUNE 4, 2013

billion, 8-year loan agreement with China Development Bank (CDB) for boosting production at the Sinovensa heavy oil joint venture in the Orinoco belt from 140,000 barrels per day to 330,000 barrels per day by 2016. Venezuela will also receive two other loans from China: one for $1.5 Venezuela’s PDVSA signed a $4.0-billion,

Venezuela 186

Venezuela Oil China Production 186

Green Car Congress

JULY 20, 2011

an indirect wholly-owned subsidiary of CNOOC, will acquire oil sands producer OPTI Canada Inc for approximately US$2.1 The principal asset of OPTI consists of a 35% working interest in the Long Lake and three other oil sands project areas located in the Athabasca region of northeastern Alberta. CNOOC Luxembourg S.a

Oil-Sands 218

Oil-Sands Oil China Canada 218

Green Car Congress

AUGUST 23, 2011

China’s apparent oil demand in July increased to 38.29 million barrels per day (b/d), as oil consumption appeared to have recovered after seasonal refinery maintenance, according to an analysis of recent Chinese government statistics by Platts. million mt of crude oil, or an average of 8.86 million b/d and 6.2%

Oil 186

Oil China Chinese Maintenance 186

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

MARCH 26, 2014

In September 2013, China’s net imports of petroleum and other liquids exceeded those of the United States on a monthly basis, making it the largest net importer of crude oil and other liquids in the world, according to figures from the US Energy Information Administration (EIA). million barrels per day, primarily from tight oil plays.

United Arab Emirates 261

United Arab Emirates Sudan Saudi Arabia China 261

Green Car Congress

MARCH 20, 2018

New Energy), a subsidiary of China’s energy conglomerate China Energy Investment Group Co., China Energy), to provide two hydrogen dispensers to China Energy’s first commercial hydrogen fueling station project in Rugao City of Jiangsu Province, eastern China.

Hydrogen 170

Hydrogen China Fuel Energy 170

Green Car Congress

JANUARY 28, 2015

China’s apparent oil demand in December rose 5.3% China’s apparent oil demand in 2014 rose 3% from a year before to an average of 10.1 China’s apparent oil demand in 2014 rose 3% from a year before to an average of 10.1 Total oil product imports in 2014 tumbled 24.2% year over year to 44.96

Oil 150

Oil 2014 China Chinese 150

Green Car Congress

AUGUST 4, 2013

Shanghai’s city buses will run on biodiesel processed from “swill oil”—used vegetable cooking oil captured from gutters and drains—from next year, the Shanghai food and drug safety authorities announced following a toxic oil recycling program it conducted with Tongji University.

Oil 199

Oil 2011 Universal Diesel 199

Green Car Congress

MAY 24, 2012

gigatonnes (Gt) in 2011, according to preliminary estimates from the International Energy Agency (IEA). Coal accounted for 45% of total energy-related CO 2 emissions in 2011, followed by oil (35%) and natural gas (20%). Gt above 2011 levels. Gt above 2011 levels. In 2011, a 6.1% Gt on 2010, or 3.2%.

2011 230

2011 Global Emissions CO2 230

Green Car Congress

MAY 27, 2010

Enzyme company Novozymes, COFCO, a leading producer and supplier of processed agricultural products, and Sinopec, the world’s third-largest oil refiner, signed a Memorandum of Understanding covering the next steps towards commercialization of cellulosic biofuel in China. —Michael Christiansen, President, Novozymes China.

China 199

China 2011 Building Clean Alternative 199

Green Car Congress

JANUARY 6, 2022

The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. Meanwhile, mainland China has already become the top global importer of LNG. MMt, up 5.8% increase or 12.3

Qatar 186

Qatar China United States Brazil 186

Green Car Congress

DECEMBER 1, 2013

Bamboo, the composition of which is highly similar to energy grasses used for biofuel production such as switchgrass, is an interesting potential feedstock for advanced bioethanol production in China due to its natural abundance, rapid growth, perennial nature and low management requirements. Click to enlarge. million tons in 2008.

Gasoline 351

Gasoline China Tax London 351

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.

Oil 297

Oil Panama Saudi Arabia United Arab Emirates 297

Green Car Congress

AUGUST 24, 2011

To be sited at Jie Yang City, Guangdong Province, the Nanhai refinery will be operational in early 2015, with a capacity to process 400,000 barrels of heavy and extra heavy crude oil per day (400 kbd) from the Orinoco Oil Belt. Oil and Gas Journal (OGJ) pegged Venezuela’s 2011 reserves at 211 billion barrels, up from 99.4

Saudi Arabia 186

Saudi Arabia Venezuela Oil Oil-Sands 186

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 South Korea 239

Green Car Congress

JULY 17, 2011

A study by a team from the State Key Laboratory of Heavy Oil Processing, China University of Petroleum found that fluid thermal processing of. il sands is a feasible process for the production of an upgraded bitumen-derived liquid from Inner Mongolian oil sand. Oil sands exploration in Xing’an region.

Oil-Sands 218

Oil-Sands Oil Mongolia Conversion 218

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 23, 2012

Increased activity in the Exploration and Production (E&P) sector will be the primary driver in pushing oil and gas capital expenditure (capex) to $1.039 trillion for 2012, according to the latest report by business intelligence firm GlobalData. GlobalData predicts Asia-Pacific to follow very closely with a capex of $253.1

Oil 210

Oil 2012 Oil-Sands Gas 210

Green Car Congress

AUGUST 11, 2012

The International Energy Agency’s August Oil Market Report (OMR) trims 2012/2013 oil demand expectations by 300-400 thousand barrels per day (kb/d), although annual growth remains in an 800-900 kb/d range both years. Highlights of the August OMR include: Sluggish economic growth could restrict annual oil demand growth to 0.9

2013 236

2013 2012 Oil Iran 236

Green Car Congress

OCTOBER 10, 2011

China’s Sinopec International Petroleum Exploration and Production Corporation will purchase of all of the issued and outstanding common shares of Daylight Energy Ltd., a Canadian intermediate oil and liquids-rich natural gas producing company with a suite of resource assets in Western Canada, for approximately C$2.2

Oil 170

Oil Gas Buy 2011 170

Green Car Congress

SEPTEMBER 20, 2011

Worldwide energy consumption will grow by 53% between 2008 and 2035 with much of the increase driven by strong economic growth in the developing nations, especially China and India, according to the reference case in the newly released International Energy Outlook 2011 (IEO2011) from the US Energy Information Administration (EIA).

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

JUNE 13, 2012

in 2011, close to the historical average. Oil remains the world’s leading fuel, but its 33.1% in 2011, broadly in line with the historical average but well below the 5.1% China alone accounted for 71% of energy consumption growth. 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

Green Car Congress

MARCH 6, 2012

China Yuchai International Limited’s main operating subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL) has inaugurated a new project to develop and produce a full portfolio of natural gas powered engines to complement its existing suite of diesel engines. China’s 12 th Five-Year Plan targets natural gas to make up 8.3%

Gas 199

Gas China Engine 2009 199

Green Car Congress

SEPTEMBER 20, 2012

The MTO process, jointly developed by Honeywell’s UOP and INEOS, converts methanol from crude oil and non-crude oil sources such as coal or natural gas to ethylene and propylene. Jiutai will produce 600,000 metric tons per year of ethylene and propylene at its facility in Ordos City, Inner Mongolia Province, China.

Coal 225

Coal Convert Mongolia China 225

Green Car Congress

APRIL 9, 2011

Yunshi Wang, Jacob Teter and Daniel Sperling from the University of California Davis Institute of Transportation Studies report that the growth rate of China’s vehicle population could reach 13-17% per year—roughly twice the 6-11% widely forecast for annual growth. Their analysis is published in the journal Energy Policy.

Davis 240

Davis China Future Vehicles 240

Green Car Congress

OCTOBER 13, 2015

billion) in research and development in China in recognition that Chinese consumers are increasingly driving global innovation. Ford announced that there will be more than 1 million SYNC-equipped vehicles on the road in China by the end of 2015. —John Lawler, chairman and CEO of Ford Motor China. billion (US$1.8

China 150

China Ford Connect Connected 150

Green Car Congress

APRIL 12, 2010

ConocoPhillips has entered into definitive agreements with subsidiaries of China-based Sinopec International Petroleum Exploration and Production Company (SIPC) to sell its 9.03% interest in Syncrude for $4.65 The company anticipates 20% CAGR from 2007 to 2019 to almost 300 million barrels of oil equivalent.

Oil-Sands 218

Oil-Sands Oil 2010 2007 218

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. and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. by Dalan McEndree for Oilprice.com.

Russia 150

Russia Saudi Arabia Oil Market 150

Green Car Congress

JULY 25, 2012

Shell has signed two offshore oil and gas Production Sharing Contracts (PSCs) with CNOOC, and a PSC amendment with CNPC for a new development phase for the Changbei gas field in China. The two offshore oil and gas PSCs with CNOOC are for blocks 62/02 and 62/17 in the Yinggehai Basin. Shell will remain operator with 75% interest.

Gabon 218

Gabon China Oil-Sands Gas 218

Green Car Congress

MAY 2, 2011

Projected saturation of private cars in China by fuel type under the two scenarios. China’s energy use will level off well before mid-century even as its population edges past 1.4 billion due to the phenomenon of saturation, according to a new study by Berkeley Lab’s China Energy Group. Source: LBL. Click to enlarge.

China 285

China Energy 2005 Cars 285

Green Car Congress

NOVEMBER 7, 2011

Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. The world is nearing a paradigm shift in oil demand. Lindemer LLC.

Oil 210

Oil 2010 2020 Global 210

Green Car Congress

DECEMBER 26, 2009

China’s National Bureau of Statistics (NBS) has revised key economic figures for 2008 following its second national economic census, including gross domestic product (GDP) growth rate, energy use growth rate, and rate of reduction in energy use per unit of GDP. NBS estimated that China is on track to achieve 8% GDP growth rate in 2009.

2008 225

2008 China Energy Coal 225

Green Car Congress

MAY 21, 2010

Statoil ASA has agreed to sell 40% of the Peregrino field offshore Brazil to China’s Sinochem Group. Statoil maintains 60% ownership and the operatorship of the field which is set to start production in early 2011. The transaction is subject to government approvals in Brazil and China. Map of the Peregrino field.

Brazil 199

Brazil Oil 2005 2008 199

Green Car Congress

APRIL 4, 2014

The GM China Advanced Technical Center (ATC) in Shanghai announced the operation of its magnesium alloy Vertical Squeeze Casting (VSC) machine—the first designed for developing next-generation magnesium castings. —Jeff Wang, Lab Group Manager of the materials research team at GM China Science Lab. Click to enlarge.

GM 218

GM China Fuel Economy 2013 218

Green Car Congress

JUNE 9, 2012

Researchers in China report the production of gasoline and diesel from coal tar via an optimized catalytic hydrogenation using two serial fixed beds, the first with a hydrofining catalyst of MoNi/?-Al In 2010, China’s coke output reached 387.571 million tons, accounting for 61.6% Flow diagram of coal tar hydrogenation process.

Coal 244

Coal Gasoline Diesel Hydrogen 244

Green Car Congress

NOVEMBER 12, 2012

The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. Global energy demand grows by more than one-third over the period to 2035 in the New Policies Scenario (our central scenario), with China, India and the Middle East accounting for 60% of the increase.

Global 225

Global 2012 Energy Oil 225

Green Car Congress

AUGUST 23, 2012

TMO Renewables (TMO), a developer of second-generation biofuels technology, has signed a Memorandum of Understanding (MOU) with the authorities of Heilongjiang, China, to secure long term large volume biomass feedstock supply for future biofuel production facilities from Heilongjiang State Farm, the largest state-owned farming corporation in China.

Renewable 218

Renewable Production China 2011 218