Green Car Congress

OCTOBER 2, 2020

Payara is the third project in the Stabroek Block and is expected to produce up to 220,000 barrels of oil per day after startup in 2024, using the Prosperity floating production, storage and offloading (FPSO) vessel. The $9-billion development will target an estimated resource base of about 600 million oil-equivalent barrels.

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Guyana Oil Singapore 2019 418

Green Car Congress

MARCH 6, 2018

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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Brazil Norway Oil Canada 218

Green Car Congress

NOVEMBER 18, 2015

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

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Saudi Arabia Oil Europe Russia 150

Green Car Congress

OCTOBER 8, 2021

ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana ( earlier post ) to approximately 10 billion oil-equivalent barrels. ExxonMobil and its key contractors have spent more than $480 million with more than 800 Guyanese vendors since 2015.

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Guyana Oil 2015 Water 243

Green Car Congress

SEPTEMBER 2, 2015

If you are the world’s leading energy economy, you produce energy, that’s what you do.”. “A If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.".

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Oil Saudi Arabia UAE 2015 150

Green Car Congress

JANUARY 6, 2022

ExxonMobil made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. These discoveries will add to the previously announced recoverable resource estimate for the block, of 10 billion oil-equivalent barrels. These new projects continue to drive investment in Guyana’s growing economy.

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Guyana Oil Singapore Water 210

Green Car Congress

JUNE 27, 2014

2015 Ram ProMaster City. Chrysler’s Ram brand introduced the 2015 Ram ProMaster City commercial van. The front-wheel drive 2015 Ram ProMaster City will be offered in two-seat cargo van and five-seat passenger wagon configurations and is powered by the 2.4-liter Click to enlarge. million units sold. liter Tigershark I-4.

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2015 Transit Connect Engine Turkey 278

Green Car Congress

JULY 23, 2014

Ninety-seven percent of customers in the US who purchased a 2014 or 2015 Malibu—accounting for about 83,000 vehicles—opted for the 2.5-liter, All contribute to EPA-estimated fuel economy ratings of 25 mpg (9.4 The 2015 Impala is available for sale now. 2014 ECOTEC 2.5L I-4 iVLC DI (LKW) with stop/start. Earlier post.)

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2014 2015 Engine Fuel Economy 225

Green Car Congress

MARCH 13, 2015

Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 the end of January, according to gasbuddy.com.

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Oil Prices Oil Price Dallas 150

Green Car Congress

JUNE 24, 2015

The point is, with volumes languishing (and probably poised to decline) tied to a flat oil futures price curve and with economics marginal at $60 per barrel, many E&P operators find themselves running through hedges in 2015 and still in need to finance their already reduced capital spending.

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Oil Industrial Industry Oil Prices 150

Green Car Congress

JUNE 2, 2017

in 2015—the first annual increase since 2010— according to new European Environment Agency (EEA) data. Road transport emissions—about 20% of total EU greenhouse gas emissions—increased for the second year in a row in 2015, by 1.6%. g CO 2 /km, well below the 2015 target of 130 g CO 2 /km. Source: EEA.

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2015 Emissions Transportation Gas 150

Green Car Congress

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. A sharp rise in oil prices would spur new investment and new drilling.

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Oil Supplies Market Oil Prices 150

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. Both, it would seem, have incentive to do so, as each has lost over $100 billion in crude revenues in 2015—and Russia bears the extra burden of U.S. by Dalan McEndree for Oilprice.com.

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Russia Saudi Arabia Oil Market 150

Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy. m b/d thresh- old.

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Saudi Arabia Oil Production Climate 150

Green Car Congress

JULY 18, 2014

Chevrolet and GMC have confirmed a new eight-speed automatic transmission will be standard on 2015 Chevrolet Silverado, GMC Sierra and GMC Yukon Denali/Yukon XL Denali models equipped with the 6.2L The vane phaser is actuated by hydraulic pressure and flow from engine oil, and managed by a solenoid that controls oil flow to the phaser.

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GMC Chevrolet 2015 Yukon 210

Green Car Congress

MAY 13, 2014

Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. Under the Energy Saving and New Energy Vehicle Plan for 2012 to 2020 released in 2012, average passenger car fuel economy is targeted to increase to 34 miles per gallon (6.9 Source: EIA. Click to enlarge.

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Alternative Fuels Oil China Fuel 218

Green Car Congress

MARCH 11, 2015

Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.

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Oil Prices Oil Price South Africa 150

Green Car Congress

MAY 2, 2012

The Global Fuel Economy Initiative ( GFEI ) ( earlier post ) launched its second three-year effort to improve vehicle fuel economy around the world at the International Transport Forum in Leipzig. Indeed whilst there has been tremendous policy progress in several major markets, in some places fuel economy is actually getting worse.

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Fuel Economy Economy Global Fuel 231

Green Car Congress

JANUARY 9, 2015

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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2015 Global Auto Peru 150

Green Car Congress

JUNE 12, 2014

2015 Mirage ES. The 2015 Mitsubishi Mirage is currently the most fuel-efficient non-hybrid gasoline car in the US, with combined EPA rating of 40 mpg (5.88 The 2015 Mirage is priced with a low starting MSRP of $12,995. An output-optimized engine oil pump circulates lower viscosity engine oil (0W-20 grade).

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Mitsubishi MPG 2015 Gasoline 199

Green Car Congress

FEBRUARY 3, 2015

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million, an increase of 2.4% North America.

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2015 Light Market Global 150

Green Car Congress

DECEMBER 8, 2015

Worldwide, the vehicle fleet is not making enough progress on fuel economy and is failing to reach global targets aimed at reducing CO 2 emissions, cutting oil consumption and improving energy efficiency according to a new report from the Global Fuel Economy Initiative (GFEI) ( earlier post ) released at the Paris COP21 Climate Summit.

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Fuel Economy Economy Climate Global 150

Green Car Reports

FEBRUARY 9, 2016

The low oil prices that boosted new-car sales and caused average fuel-economy gains to sputter last year may be here to stay, for a while at least. With fuel prices low throughout 2015, Americans bought more new cars, but many of them were less-efficient SUVs and crossovers.

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Oil Cheap Oil Prices Fuel Economy 60

Green Car Congress

FEBRUARY 5, 2018

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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Light Oil Fuel Vehicles 170

Green Car Congress

SEPTEMBER 7, 2014

Eaton has introduced Procision, a new line of medium-duty dual-clutch transmissions, that delivers 8 to 10 percent better fuel economy than a similarly equipped vehicle with a torque converter automatic. These features can be disabled for even greater fuel economy if desired.

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Eaton Fuel Economy Economy Fuel 252

Green Car Congress

MARCH 26, 2015

The Cummins team not only surpassed all fuel-economy targets, but also achieved criteria emissions lower than the stringent Tier 2/Bin 2 levels. liter engine with an aluminum block, head and oil pan, a magnesium valve cover and an engine-mounted emissions control system. Test cycle fuel economy (mpg). ATLAS target. ATLAS result.

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Fuel Economy Economy Diesel Light 150

Green Car Congress

APRIL 25, 2016

In a paper presented at the 2016 SAE World Congress, Tula Technology, developer of Dynamic Skip Fire (DSF) cylinder deactivation technology, reported significant fuel economy gains of up to 18% over a conventional GM 6.2-liter In 2015, Delphi also took a stake in the Silicon Valley-based company. Earlier post.) Earlier post.).

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Fuel Economy Economy GM GMC 150

Green Car Congress

MARCH 5, 2014

Ford’s MY 2015 F-Series Super Duty heavy-duty pickup trucks feature engine and chassis upgrades that together deliver best-in-class horsepower, torque and towing capacity. The new engine will also be featured on the MY 2016 F-650 and F-750 medium-duty trucks, available in spring 2015. Ford’s second-generation 6.7-liter

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2015 Diesel 2016 Ford 268

Green Car Congress

MARCH 6, 2015

Researchers at Purdue University have shown that adding ultra-smooth submicrometer carbon spheres to motor oil can reduce friction and wear typically seen in engines by up to 25%. Coefficient of friction and sliding speed versus time for neat oil and 3.0 CS-Oil using POD apparatus under (a) 22.2 and (b) 93.7 Click to enlarge.

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Oil Carbon Engine Fuel Economy 150

Green Car Congress

JANUARY 13, 2015

Hyundai expects the 2016 Sonata Hybrid to improve fuel economy more than 10%. Sonata Hybrid’s Transmission-Mounted Electrical Device (TMED) delivers the same responsive, engaging driving characteristics Sonata owners expect while improving fuel economy through the use of the larger electric motor.

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Fuel Economy Economy Hyundai Hybrid 150

Green Car Congress

MAY 31, 2020

But after the COVID-19 crisis brought large swathes of the world economy to a standstill in a matter of months, global investment is now expected to plummet by 20%, or almost $400 billion, compared with last year, according to the IEA’s World Energy Investment 2020 report. —Dr Fatih Birol, the IEA’s Executive Director.

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Global Energy Coal 2020 344

Green Car Congress

NOVEMBER 21, 2014

In a notice to be published in the Federal Register , the agency said that it intends to take action on the 2014 standards rule in 2015 prior to or in conjunction with action on the 2015 standards rule. Nearly all gasoline sold in the US is now E10 (10% ethanol).

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2014 EPA Standards 2015 225

Green Car Congress

NOVEMBER 8, 2013

Meanwhile, significant gains in vehicle fuel economy over the coming decades are possible and very much needed globally in order to address pressing issues of climate change, energy security and sustainable mobility. carbon fuel vehicles will be needed to continue to decarbonize LDVs and reduce oil use out to 2050 and beyond.

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Fuel Economy Economy Plug-in Plug 225

Green Car Congress

OCTOBER 22, 2016

from September 2015, but were down 2.6% from September 2015 to nearly 9.4 It means the economy is moving in the right direction with more Americans working, driving, and shopping. US crude oil production declined 8.9% million barrels per day, domestic crude oil production in September increased by 0.8%

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Gasoline Oil 2015 2016 150

Green Car Congress

APRIL 23, 2021

The captured CO 2 will be used for enhanced oil recovery. By making gasoline without the byproducts of crude oil refining, Nacero’s Penwell facility will avoid the introduction into the atmosphere of 1 billion tons of CO 2 during its first thirty years of operation. Nacero’s Pemwell-facility in Houston, Texas.

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Gasoline Turkmenistan Gas Carbon 221

Green Car Congress

JANUARY 25, 2017

The 2017 edition of the BP Energy Outlook , published today, forecasts that global demand for energy will increase by around 30% between 2015 and 2035, an average growth of 1.3% Oil demand grows at an average rate of 0.7% billion cars in 2015 to 1.8 Oil: changing dynamics of demand and supply. billion by 2035. BP Outlook.

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Global Fuel Energy Oil 150

Green Car Congress

APRIL 14, 2014

2015 Jetta. Volkswagen is presenting the world premiere of the redesigned 2015 Jetta sedan at the 2014 New York International Auto Show. liter 150-horsepower (112 kW) EA288 TDI Clean Diesel engine offered in the 2015 Jetta already conforms to the upcoming LEV3/Tier 3 emissions standard ( earlier post ) in the USA.

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