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IEA: key oil trends 2018

Green Car Congress

Total OECD annual production of crude oil, natural gas liquids (NGL), and refinery feedstocks increased by 10.3% in 2018 compared to 2017, reaching a record total monthly production of over 100 million tons at the beginning of the year and remaining above this for almost all of 2018, according to the IEA.

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Tips: 5 Best Car Maintenance Practices

Clean Fleet Report

Whatever’s under the hood, regular maintenance will make it run better. By staying on top of maintenance routines, you’ll prevent several mechanical issues. That’s why auto repair and maintenance practices should be a priority. The thick booklet gives you the A-Z of your vehicle for easy operation and maintenance.

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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

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The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 As for OPEC+, total oil output in 2023 may fall as embargoes and sanctions shut in Russian volumes and producers outside the Middle East suffer further declines. mb below the 2017-2021 average. mb/d in 2023, surpassing pre-pandemic levels.

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Eni and Hera Group partner on conversion of used vegetable oil to renewable diesel for waste collection vehicles

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In Italy, Eni and Hera signed a partnership agreement with the aim of converting used vegetable oil into renewable diesel for Hera’s waste collection vehicles. The agreement revolves around household waste vegetable oil, such as that used for frying, collected by Hera in around 400 roadside containers and about 120 collection centres.

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The Next Oil Price Spike May Cripple The Industry

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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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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

He also continued his calls for the oil industry to increase refinery capacity to increase production. That figure is down from 141 refineries in 2017, with 4 idle. Crude oil is always the top contributor to the prices US drivers see at the pump. Hence, the importance of increasing crude oil production.

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New Detroit DD8 medium-duty diesel engine debuts at 2017 NTEA Show

Green Car Congress

The Detroit DD8 is scheduled for availability with vehicle production beginning in February 2018, and targets a wide range of vocational applications including, utility/maintenance/repair service, pick-up and delivery, oil field, construction, logging, plow and dump, wrecking, refuse, fire/emergency and recreational vehicles.

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