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2016 Ford Explorer SUV replaces 2.0L EcoBoost with new 2.3L EcoBoost unit; more power and torque, same fuel economy expected

Green Car Congress

EcoBoost four-cylinder it replaces, with no compromise in fuel economy anticipated. Ford Explorer is built in North America at Chicago Assembly Plant, as well as in Venezuela and now, Russia. Ford expects to export 56,000 Explorers from the United States this year alone. EcoBoost but with expected same fuel consumption.

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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 by 2023 to 104.7

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US 2nd-largest petroleum refinery to pay more than $5.3M for Clean Air Act violations

Green Car Congress

Hovensa LLC, a joint venture between subsidiaries of Hess Corporation and Petroleos de Venezuela, S.A., and the owner of the second-largest petroleum refinery in the United States, has agreed to pay a civil penalty of more than $5.3

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive projects regional light vehicle sales volume in North America to hit more than 20 million units in 2015, up 2.5% In the United States, IHS Automotive analysts continue to believe the upside risks for auto demand are more apparent than the downside risks. from last year. The year preliminarily closed with 5.34

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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ÂşC Warming Limit

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In the end, 188 countries voted in favor of the motion, with Cuba, Bolivia, Sudan, and Venezuela voting against it. The accord will not become an official United Nations document unless unanimous approval is secured. Emissions Reduction Targets Shuttled To The Side. The relative valuation of potential emissions offsets (e.g.

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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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In both the United States and Russia, each of which produces roughly as much as Saudi Arabia, output increased in 2015 rather than decreasing, and will continue to increase in 2016 in the U.S. million barrels per day in 1H 2015, in part because as Russia's economy contracted, reducing domestic crude demand to 3.47 MMbbls/day.

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Electric cars to account for 64 per cent of car sales by 2030

Green Cars News

‘Electric Cars in the United States: A New Model with Forecasts to 2030′ is authored by Thomas Becker, a Berkeley economist who specializes in international and environmental economics. million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela.