Green Car Congress

OCTOBER 22, 2014

of China (COMAC) opened a demonstration facility that will turn waste cooking oil, commonly referred to as “gutter oil” in China, into sustainable aviation biofuel. billion liters) of biofuel could be made annually in China from used cooking oil. Boeing and Commercial Aircraft Corp.

Oil 239

Oil China Waste Commercial 239

Green Car Congress

AUGUST 27, 2013

The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 Between 2008 and 2012, Asia’s consumption increased by 4.4 The rapidly industrializing economies of China and India fueled much of Asia’s demand increase, growing 2.8 million bbl/d. North America.

North America 261

North America 2012 America Europe 261

Green Car Congress

DECEMBER 16, 2013

quadrillion Btu in 2012 to 12.1 from 2012 to 2040, compared to 1.2% The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. l/100 km) in 2012 to 37.2 l/100 km) in 2012 to 37.2

Oil 290

Oil Light Energy Vehicles 290

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 mb/d in 2013, 240 kb/d more than in last month’s report and 930 kb/d (1.0%) up on 2012. A raised 4Q12 demand estimate and heightened expectations for China are the main contributors to the hike.

2013 225

2013 Saudi Arabia Oil Global 225

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

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.

Qatar 186

Qatar China United States Brazil 186

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 tonnes.

Estonia 236

Estonia Oil Cleaner Jordan 236

Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-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. — WEO-2012.

Global 225

Global 2012 Energy Oil 225

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

MARCH 13, 2016

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. by Nick Cunningham of Oilprice.com.

Argentina 150

Argentina Oil Oil Prices Chevron 150

Green Car Congress

OCTOBER 15, 2012

has successfully extracted shale oil from the Onnagawa shale formation (at a depth of 1800m) of the Ayukawa Oil and Gas in Yurihonjo, Akita Prefecture. This marks Japan’s first successful extraction of shale oil in the country. kl was crude oil. Japan Petroleum Exploration Co. On 8 October, JAPEX recovered 100.6

Japan 207

Japan Oil Gas 2012 207

Green Car Congress

SEPTEMBER 18, 2013

China National Petroleum Corporation (CNPC) and Venezuela’s PDVSA (Petróleos de Venezuela SA) will invest about $14 billion to develop the Junin 10 block in the Orinoco extra heavy oil belt in Venezuela, according to a tweet sent out by Rafael Ramirez, the Venezuelan petroleum minister. degree API crude to upgraded crude of 35.7

Venezuela 199

Venezuela Oil 2007 2013 199

Green Car Congress

DECEMBER 8, 2011

billion capital and exploratory spending program for 2012. Included in the 2012 program are $3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 Chevron Corporation announced a $32.7

Chevron 170

Chevron 2012 Angola Saudi Arabia 170

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

FEBRUARY 25, 2013

Boeing and Commercial Aircraft Corporation of China (COMAC) announced that the Boeing-COMAC Aviation Energy Conservation and Emissions Reductions Technology Center will conduct two new research projects on air traffic management to support the long-term efficiency, capacity and safety of China’s air traffic system. Earlier post.)

China 186

China Universal Oil Commercial 186

Green Car Congress

JANUARY 16, 2012

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012.

El Paso 225

El Paso 2011 Oil Gas 225

Green Car Congress

JULY 2, 2014

plans to invest more than $1 billion to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into transportation fuels products such as marine gasoil and diesel fuel. The investment addresses an industry shortfall in capability to convert fuel oil to products such as diesel.

Convert 225

Convert Oil Diesel Production 225

Green Car Congress

FEBRUARY 27, 2015

Coal could become a major source of the metal lithium, according to a review of the geochemistry by scientists from Hebei University of Engineering in China published in the International Journal of Oil, Gas and Coal Technology. Oil, Gas and Coal Technology , Vol. and Zhang, Y. 215-229 doi: 10.1504/IJOGCT.2015.067490.

Coal 150

Coal China 2003 Gas-Electric 150

Green Car Congress

FEBRUARY 26, 2011

China’s legislature voted on Friday to adopt a new tax based on engine size to encourage the use of smaller engines in vehicles and vessels to reduce pollution and oil dependence. The law will go into effect on 1 January 2012. In China, 87% of cars on the road have engine capacities of 2.0 liter to 1.6 liters to 2.0

Tax 252

Tax China Engine Energy 252

Green Car Congress

MARCH 14, 2023

Most US petrochemical cracking capacity built after 2012 can use only ethane as a feedstock, meaning high ethane prices can reduce ethylene production. US ethane exports to China increased 50% from 2021 to a record-high average of 157,000 b/d in 2022. US ethane product supplied, a proxy for ethane consumption, averaged just under 2.0

Pennsylvania 195

Pennsylvania China Financing United States 195

Green Car Congress

JUNE 13, 2012

Oil remains the world’s leading fuel, but its 33.1% seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. China alone accounted for 71% of energy consumption growth. Coal’s market share of 30.3%

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

JULY 8, 2012

BC emission map of China at 0.1° × 0.1° East and West China are separated by a dashed line from Qiqihar, Yinchuan, to Kunming. A new black carbon (BC) emissions inventory from China found BC emissions levels in 2007 of 1,957 Gg BC—higher than reported in earlier studies. for year 2007. Major emission areas are marked.

2007 271

2007 Carbon China Emissions 271

Green Car Congress

JANUARY 12, 2013

In February 2012, the China State Council approved its first national ambient air quality standard for PM 2.5 , which will come into effect by the end of 2015. Since substantial coal use (equivalent to 50% of global coal consumption) is the primary reason for the poor air quality, China is considering setting a cap on its use.

Coal 231

Coal Pollution China Gas 231

Green Car Congress

AUGUST 5, 2012

In China, The Economic Observer reports that a China Petrochemical Corp. Sinopec) unit has completed production trials of a waste cooking oil to renewable aviation kerosene process, and plans to be ready to seek airworthiness certification from the government in January. China National Petroleum Corp.

Renewable 250

Renewable Fuel Production China 250

Green Car Congress

APRIL 22, 2012

Ford is introducing a family of four new global SUVs in China, which the company unveiled at 2012 Auto China in Beijing: the new Ford EcoSport ( earlier post ), offered with the 1.0L These new SUVs are part of Ford’s planned introduction of 15 global vehicles to China by mid-decade. Cutaway of the 1.0L Click to enlarge.

SUV 236

SUV Ford Engine China 236

Green Car Congress

JANUARY 23, 2012

Under the Reference case, domestic crude oil production is expected to grow by more than 20% over the coming decade; already, domestic crude oil production increased from 5.1 Over the next 10 years, continued development of tight oil (e.g., Over the next 10 years, continued development of tight oil (e.g.,

Oil 210

Oil 2005 Production 2010 210

Green Car Congress

MAY 21, 2010

The transaction is subject to government approvals in Brazil and China. The divestment of a 40% share of Peregrino will reduce Statoil’s equity production guiding for 2012 by 40,000 boepd to a range of 2,060 000 – 2,160 000 boepd. The consideration is based on an effective date of 1 January 2010 and subject to customary adjustments.

Brazil 199

Brazil Oil 2005 2008 199

Green Car Congress

FEBRUARY 17, 2012

Although many feedstocks, technologies, and conversion pathways are currently sharing the same tent, the current decade is shaping up to be one of shakeouts, as early bets on cellulosic technologies reach commercial production and significant investments from oil majors and multinationals. continue to pour into the industry. and biodiesel.

Global 253

Global Market 2012 Financing 253

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 Among these applications in China, deep processing ranked first with 66.4% Flow diagram of coal tar hydrogenation process. of the total.

Coal 244

Coal Gasoline Diesel Hydrogen 244

Green Car Congress

DECEMBER 18, 2014

This slowdown, which began in 2012, signals a further decoupling of global emissions and economic growth, which reflects mainly the lower emissions growth rate of China. China, the USA and the EU remain the top-3 emitters of CO 2 , accounting for respectively 29%, 15% and 11% of the world’s total. billion tonnes (Gt).

2013 240

2013 Emissions Global CO2 240

Green Car Congress

JULY 2, 2010

Despite the continued economic crisis, global emissions of carbon dioxide, the main greenhouse gas, have remained constant in 2009 as strong increases in CO 2 emissions from fast-growing developing countries such as China and India, have completely nullified CO 2 emission reductions in the industrialized world. Source: PBL.

2009 199

2009 India Emissions Global 199

Green Car Congress

JULY 17, 2013

A subsidiary of Chevron Corporation signed an agreement with affiliates of the Argentine oil company YPF S.A. that furthers the development of shale oil and gas resources from the Vaca Muerta formation located in the Neuquén province. The Loma La Lata field is currently producing more than 10,000 barrels of oil-equivalent per day.

Chevron 220

Chevron Argentina Oil Corporation 220

Green Car Congress

FEBRUARY 5, 2009

To reduce fuel consumption, AMG is shortly to introduce efficiency-increasing engine-generator management as well as regulated oil and water pumps. AMG will from 2012 achieve a reduction in consumption of 30 per cent in comparison to present levels. In 2008, AMG sales increased by 19%, selling 24,200 vehicles (previous year 20,300).

2012 150

2012 Mercedes Fuel 2008 150

Green Car Congress

MARCH 12, 2010

Devon and BP will also form a heavy oil joint venture to develop BP’s Kirby oil sands leases in Alberta, Canada. In order to facilitate the oil sands joint venture, Devon will acquire 50% of BP’s interest in the Kirby oil sands leases. The Whiting upgrade is planned to come on-stream in 2012.

Oil-Sands 186

Oil-Sands Oil Azerbaijan Mexico 186

Green Car Congress

AUGUST 27, 2012

The value chain aims to produce and to promote the use of aviation bio-fuel in China, the world’s fastest growing aviation market. The first results are due to be analysed in the second half of 2012. The goal is to select a number of feedstocks including used cooking oil (which would otherwise be waste) and also algae.

Universal 247

Universal Alternative Fuels Chinese Climate Change 247

Green Car Congress

OCTOBER 16, 2013

an indirectly non wholly-owned subsidiary of Wison Engineering Services, was awarded a procurement and construction (PC) contract by Venezuela’s PDVSA Petroleo, S.A.for the site preparation for the Puerto la Cruz oil refinery Deep Conversion Project. Wison Engineering Ltd., Earlier post.) —Asdrúbal Chávez J., Vice President at PDVSA.

Venezuela 199

Venezuela Chinese America Companies 199

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