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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d in 2017.

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Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

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2015 forecast share by region. In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36 million to 17.0

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ExxonMobil predicts peak in light-duty vehicle liquid fuels ~2030, but ongoing role for oil in the mix

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As personal mobility increases, average new-car fuel economy (including SUVs and light trucks) will improve as well, rising from about 30 miles per gallon (7.83 However, oil will continue to play a leading role in the world’s energy mix, the report finds. per year; oil demand decreases about 0.4% l/100 km) in 2040. per year.

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ExxonMobil: diesel will surpass gasoline as the number one global transportation fuel by 2020

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Transportation fuel mix in millions of oil-equivalent barrels through 2020. The relative shift away from motor gasoline to diesel is driven by improving light-duty vehicle fuel economy and the growth in commercial transportation activity. Sources for fuel economy gains in light-duty vehicles. Source: ExxonMobil Outlook.

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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

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World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030. Click to enlarge. Coal will increase by 1.2%

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Navigant forecasts global sales of light-duty stop-start vehicles to grow from 19M in 2015 to 59 million by 2024

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The same year, Navigant expects 82% of vehicles in Western Europe to have a stop-start feature, along with nearly 69% of vehicles sold in Asia Pacific. The other driver for SSV technology is consumer demand—present in Europe and some Asia Pacific countries for some time thanks to high fuel prices.

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EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

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World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

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