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Opinion: Global Oil Supply More Fragile Than You Think

Green Car Congress

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.

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Navigant forecasts global medium- and heavy-duty alt powertrain sales to exceed 820K units in 2026

Green Car Congress

According to a new forecast report from Navigant Research, global commercial alternative powertrain medium- and heavy-duty vehicle (MHDV) sales will grow from about 347,000 vehicles in 2016 to more than 820,000 in 2026, representing a CAGR of about 9%. —“ Medium and Heavy Duty Vehicle Technologies ”.

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Alternative Fuel Technologies, Inc. Receives New Order for DME Feed Pumps From Shanghai Diesel Engine Company

Green Car Congress

The company’s ultima goal is series production of DME fuel systems for the global automotive market by 2011. At current oil prices, DME can be produced and distributed at less than 1/2 the cost of conventional fuel. At current oil prices, DME can be produced and distributed at less than 1/2 the cost of conventional fuel.

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IHS Markit: shippers, refiners scrambling to respond to IMO signals on low-sulfur fuel enforcement

Green Car Congress

In 2016, the IMO confirmed that global refiners and shippers would have to comply with these new environmental regulations five years earlier than many anticipated, which sent tidal waves through two industries that typically take many years to adapt to such significant change.

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Electric Vehicle Charging Principle

Setec Powerr

With soaring oil prices and global policy support, electric vehicles will become increasingly popular. When the power battery is exhausted, replace the low-power battery pack with a fully charged battery, and send the replaced battery to the replacement station for slow charging.

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First reference installation of Opcon Waste Heat Recovery technology for ships; potential for 5–10% fuel savings

Green Car Congress

Considering today’s oil prices and the efforts being made by the IMO, for example with the coming International Energy Efficiency Certificate (IEE), we believe that this product really has come at exactly the right time. The entire merchant shipping fleet is estimated to account for 4-5% of global emissions of CO 2.

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IHS Markit: 2020 low-sulfur requirements for marine bunker fuels causing scramble for refiners and shippers

Green Car Congress

The IMO fuel sulfur content regulation will have a significant global impact on both the refining and the shipping industries. Heavy fuel oil (HFO) is the predominant marine fuel. From the shipping industry point of view, IHS Markit estimates that about 20,000 ships account for around 80 percent of heavy fuel-oil bunker fuel use.

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