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The Next Oil Price Spike May Cripple The Industry

Green Car Congress

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

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Eni and RenOils to boost collection of used cooking oil for biofuel production

Green Car Congress

Eni and RenOils, the Italian national vegetable and animal oils and fats Consortium established in 2016 to ensure the correct management of the collection, transport, storage, processing and reuse of vegetable oils and animal fats, are promoting the recovery of used cooking oils (UCO) for biofuel production.

Oil 247
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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.

Brazil 218
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CARB approves rule for monitoring and repairing methane leaks from oil and gas facilities

Green Car Congress

The California Air Resources Board approved a new regulation aimed at methane leaks from oil and gas operations. Methane, one of the powerful greenhouse gases called short-lived climate pollutants (SLCPs) and the main component of natural gas, has 72 times the impact on global warming as carbon dioxide.

Oil 150
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California ARB: GHG emissions fell below 1990 levels for first time in 2016; down 13% from 2004 peak; transportation emissions up 2%

Green Car Congress

The California Air Resources Board (CARB) announced that greenhouse gas emissions in California in 2016 fell below 1990 levels for the first time since emissions peaked in 2004—a reduction roughly equivalent to taking 12 million cars off the road or saving 6 billion gallons of gasoline a year.

2004 225
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Fiat pays CARB $6.4M penalty for diesel emissions violations

Green Car Congress

The California Air Resources Board announced a settlement with Fiat Powertrain Technologies Industrial S.p.A The repairs, commonly called “field fixes” because they are made after the vehicles have been sold, were intended to address an oil leakage problem in 2011-2014 model-year engines. million in penalties. The remaining $4.4

Emissions 321
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California ARB releases proposed strategy to reduce impact of short-lived climate pollutants

Green Car Congress

The California Air Resources Board released a new draft of California’s Short-Lived Climate Pollutant Strategy to significantly reduce the near-term climate impacts of these potent pollutants. Methane is the most abundant of the short-lived climate pollutants in California.

Pollution 150