Green Car Congress

JULY 31, 2023

Norway and Saudi Arabia followed closely. Source: T&E Increased European imports have coincided with an increase in global oil production and exports. For example, 70% of the surge in the US oil production was directed to the EU between 2021 and 2022. The share of Brazilian and Iraqi exports also jumped. C carbon budget.

Oil 370

Oil Russia Saudi Arabia Ukraine 370

Green Car Congress

OCTOBER 19, 2021

Haldor Topsoe will deliver its blue ammonia technology for Air Products’ recently announced $4.5-billion Air Products will build, own and operate the megaproject, which will produce more than 750 million standard cubic feet per day (MMSCFD) of blue hydrogen in Ascension Parish, Louisiana. billion clean energy complex in Louisiana.

Louisiana 170

Louisiana Saudi Arabia Hydrogen Production 170

Green Car Congress

DECEMBER 12, 2022

The companies have signed a Memorandum of Understanding (MoU) which includes a potential crude oil supply agreement and chemicals products offtake agreement, supporting Aramco’s role in building a thriving downstream sector in Shandong Province, an eastern province on the Yellow Sea.

Saudi Arabia 186

Saudi Arabia China Renewable Carbon 186

Green Car Congress

JANUARY 28, 2019

Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. Saudi Aramco and Air Products will establish a pilot fleet of fuel cell vehicles for which high-purity compressed hydrogen will be dispensed at the new fueling station.

Saudi Arabia 283

Saudi Arabia Hydrogen Fuel Building 283

Green Car Congress

JULY 30, 2019

Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on crude oil quality and on refining industry.

Saudi Arabia 170

Saudi Arabia Oil 2018 Global 170

Green Car Congress

MARCH 26, 2021

An example is the Helios project in NEOM, Saudi Arabia, announced in July 2020, which includes the world’s largest ammonia loop (1.2 Topsoe is also developing large-scale solid oxide electrolyzers for superior performance in the large-scale production of green hydrogen. million tons per year) delivered by Topsoe. Earlier post.).

Saudi Arabia 321

Saudi Arabia Green Hydrogen Renewable 321

The Truth About Cars

MAY 22, 2024

“By strategically releasing this reserve in between Memorial Day and July 4th, we are ensuring sufficient supply flows to the tri-state and northeast at a time hardworking Americans need it the most.” The oil and gas sector has enjoyed blockbuster profits in recent years. What we do know is that U.S.

Gasoline 92

Gasoline Gas Saudi Arabia Oil 92

Green Car Congress

MAY 21, 2020

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. SGH2’s gasification process uses a plasma-enhanced thermal catalytic conversion process optimized with oxygen-enriched gas. Hydrogen can also reduce and potentially replace natural gas in all applications.

Waste 448

Waste Hydrogen Green California 448

Green Car Congress

MARCH 8, 2012

Exxon Mobil Corporation plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. A total of 21 major oil and gas projects will begin production between 2012 and 2014. billion oil equivalent barrels.

Saudi Arabia 231

Saudi Arabia Oil Oil-Sands 2012 231

Green Car Congress

DECEMBER 14, 2010

Saudi Aramco, the state-owned national oil company, has selected GE for agreements totaling nearly $500 million to supply a broad range of equipment and services for an expansion of the Shaybah gas-oil processing facilities. billion standard cubic feet per day (scfd) of low-sulfur sweet gas and extract 264,000 bpd of NGL.

Saudi Arabia 186

Saudi Arabia Oil Gas Gas-Electric 186

Green Car Congress

JULY 28, 2015

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy.

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

AUGUST 7, 2015

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. Due to long lead times, decisions made today will impact the world’s production profile towards the end of this decade and into the 2020s.

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

AUGUST 30, 2020

The partnership consists of leading Danish companies covering the whole value chain for the production, distribution, and consumption of renewable hydrogen and sustainable fuels. The project is expected to be executed by 2030 in three stages, achieving the capacity of 10 megawatts (MW) in 2023; 250 MW in 2027; and 1,3 GW in 2030 respectively.

Denmark 249

Denmark Hydrogen Saudi Arabia Fuel 249

Green Car Congress

JANUARY 11, 2018

Air Products will acquire Royal Dutch Shell’s Coal Gasification Technology business as well as Shell’s patent portfolio for Liquids (Residue) Gasification. As a leading industrial gas company, Air Products has extended its onsite supply model to use coal gasification to generate synthesis gas (syngas) for major projects.

Coal 170

Coal Saudi Arabia China Production 170

Green Car Congress

JANUARY 19, 2012

The refinery will process 400,000 barrels per day (bpd) of Arabian Heavy crude oil and will produce high-quality transportation fuels that meet the most stringent refined product specifications for domestic and international markets. Sinopec, the biggest Asian-owned refiner operating in Asia, is also Saudi Aramco’s largest crude oil buyer.

Saudi Arabia 255

Saudi Arabia Oil Asia Gas 255

Green Car Congress

MAY 24, 2017

As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders are predicting that the now over-saturated market will reach an equilibrium with higher commodity prices by 2018 and U.S. shale production will continue to grow along with global demand.

Oil Prices 170

Oil Prices Oil Saudi Arabia Price 170

Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Source: opec.org).

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

The Truth About Cars

SEPTEMBER 19, 2023

We’ve also seen this take place in regard to vehicle pricing and a bevy of other economic issues, as there’s a similarly unlimited supply of people who’ve managed to thrive in this world without having been burdened by reality. I'm going to get those gas prices down again,” he said. “I I promise you.”

Price 89

Price Saudi Arabia Fuel Oil 89

Green Car Congress

OCTOBER 6, 2015

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. Russia supplied about 30 percent (146.6

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

JANUARY 22, 2015

Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time. Exporting gas is dumb. The chart below shows the EIA prediction that production will slowly fall and imports will rise (AEO 2014) after 2016. But there’s not enough of it to keep production growing for long.

Saudi Arabia 150

Saudi Arabia Energy Oil IDEA 150

Green Car Congress

MAY 13, 2021

CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their carbon footprint. Ireland-based electrolyzer company Fusion Fuel Green PLC will collaborate with Consolidated Contractors Group S.A.L.

Fusion 170

Fusion Green Hydrogen Oman 170

Green Car Congress

MARCH 17, 2011

Saudi Aramco and China Petrochemical Corporation (Sinopec) signed a Memorandum of Understanding (MOU) related to the ongoing development of the Red Sea Refining Company (RSRC), a world-class, full-conversion refinery in Yanbu’ on the west coast of Saudi Arabia. one of the in-Kingdom gas exploration companies.

Saudi Arabia 170

Saudi Arabia Oil China Conversion 170

Cars That Think

FEBRUARY 28, 2022

This war will have many long-term consequences, but possibly none more important than its effects on the future of the European energy supply. Rapid severing of Europe’s Russian supplies would create an unprecedented economic and existential emergency on the continent. percent stake in the enormous Sakhalin-2 oil and gas development.

Ukraine 113

Ukraine Russia Fuel Saudi Arabia 113

Green Car Congress

JUNE 13, 2012

Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The report also highlighted supply disruptions as one of the major energy events of the year. globally, and 8.4% in the emerging economies.

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

AUGUST 17, 2011

times as energy intensive to produce as conventional diesel, which restricts the current financial and environmental feasibility of algae production, according to a new life cycle analysis by a team from the Smith School of Enterprise and the Environment, University of Oxford. Currently, algae-derived-biodiesel is up to 2.5 tons/ha/year).

Oil-Sands 236

Oil-Sands Production Grid Saudi Arabia 236

Green Car Congress

DECEMBER 22, 2014

There could be a question mark over Saudi Arabia’s plan, announced in 2012, to invest $109bn in 41GW of solar power by 2032. Saudi Arabia burns up to 900,000 barrels of oil per day to generate over 50% of its electricity. Oil at $60/barrel could mean a natural gas price as much as $0.90/MMBtu

Oil Prices 268

Oil Prices Oil Price Carbon 268

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012. Click to enlarge.

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices. This decision set crude prices on a downward path.

Russia 150

Russia Saudi Arabia Oil Market 150

Green Car Congress

MARCH 21, 2011

The proposed refinery will be designed to process 200,000 bpd of Arabian crude oil and will produce high-quality refined products, such as ultra low-sulfur gasoline and diesel that meet current and future China products specifications. Al-Falih, Saudi Aramco's President and CEO. —Khalid A. Earlier post.).

Saudi Arabia 199

Saudi Arabia Oil China Conversion 199

Green Car Congress

JULY 16, 2017

Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil supplies is “ increasingly worrying ”, due to a loss of $1 trillion ($1,000 billion) in investments last year. Saudi August crude exports could fall to around 6.6 million bpd.

Oil 186

Oil Libya Nigeria Qatar 186

Cars That Think

AUGUST 29, 2022

Russia ranks second in the extraction of both crude oil (behind the United States and ahead of Saudi Arabia) and natural gas (behind the United States and ahead of Iran), and it is the sixth-largest producer of coal (behind Australia and ahead of South Africa). share in 2020, by contrast, was about 9 percent.

Ukraine 74

Ukraine Russia Saudi Arabia Fuel 74

Green Car Congress

MARCH 5, 2015

There is no doubt that supply has increased. Hydraulic fracturing, or “fracking” technology has unlocked reserves of oil and natural gas previously thought of as unrecoverable. Supply alone, however, doesn’t determine price. We must also consider demand, and that has been increasing too.

Oil Prices 150

Oil Prices Oil Price Saudi Arabia 150

Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. The argument emerged that having contributed to the collapse of world oil prices, US LTO was the new global swing producer, replacing OPEC leader Saudi Arabia in that role.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

DECEMBER 10, 2014

The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. The outlook is developed by examining energy supply and demand trends in 100 countries, 15 demand sectors covering all manner of personal and business needs and 20 different energy types. Outlook for Energy.

Energy 252

Energy Global 2010 Oil-Sands 252

Green Car Congress

JUNE 23, 2011

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Current product flow at Kern River field. Data: California DOGGR.

Chevron 244

Chevron Oil Oil-Sands Production 244

Green Car Congress

JULY 20, 2012

CO 2 per capita emissions from fossil fuel use and cement production from the top 5 emitting regions. tonnes per capita, despite a decline due to the recession in 2008-2009, high oil prices and an increased share of natural gas. Natural gas consumption increased globally by 2.2% Click to enlarge. the United States (16%).

2011 236

2011 Emissions CO2 Global 236

The Truth About Cars

AUGUST 8, 2023

& Over the past week, countless media outlets published stories about how oil refineries have had to scale back production targets to contend with exceedingly high temperatures. So they dial back the production for safety purposes, but that then constrains supply.” The trend seems to be to just blame it on warm weather.&

Price 72

Price Fuel Oil Climate Change 72