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Researchers find abundance of oil-eating bacteria in northeast Atlantic

Green Car Congress

A team of scientists from Heriot-Watt University has found the waters in the Faroe-Shetland Channel (FSC) are teeming with oil-eating bacteria. The FSC is a deepwater sub-Arctic region where the oil and gas industry has been active for the last 40?years. —Angelova et al. 03701-20.

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EPA proposes new rulemaking for sharp cuts in methane emissions from oil and gas industry

Green Car Congress

The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Source: EPA.

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Will Higher Oil Prices Spark a Tesla Stock Surge?

CleanTechnica EVs

As Ukraine weathers a continued Russian invasion, sanctions are causing high oil prices, resulting in high gas costs at the pump for consumers. According to Oil Price.com, the event has many wondering if high gas prices could further accelerate Tesla’s rising stock prices and the overall adoption of electric vehicles.

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Indian Oil eyes fuel supply for Formula 1 cars | Autocar Professional

Baua Electric

Indian Oil Corp, the country’s largest fuel marketing company, plans to secure fuel supply contracts from teams participating in the Formula 1 championship. “We We expect to manufacture the fuel for Formula 1 cars and obtain the required certifications within three months,” Indian Oil Chairman Shrikant Madhav Vaidya said.

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Neste Oil Rally to use 100% renewable diesel at this years event

Green Car Congress

Vehicles operated by the competition organization at this year’s Neste Oil Rally Finland, held between 28 and 30 July, will run on 100% NExBTL renewable diesel produced by Neste Oil. The revamped route of this year’s Neste Oil Rally will extend from Central Finland southwards to the Päijät-Häme region around Lahti.

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Opinion: There Is No Such Thing As Peak Oil Demand

Green Car Congress

Notwithstanding that oil demand has increased for over 150 years, it will eventually stop increasing. If oil demand were to reach an actual peak, then the top might be easier to predict. EIA data shows that 35 countries in all have already reached and descended from maximum oil demand. by Dwayne Purvis for Oilprice.com.

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Heating Oil Consumers Are Facing a Crisis Next Winter

Green Energy Consumers

Although Spring is in the air and we have so many current events of great importance, there’s reason to think about how difficult next winter will be for heating oil consumers. But this blog is about the heating oil market as it would affect consumers in Massachusetts, Rhode Island, and the rest of New England.