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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.

Energy 252
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Ford to offer new 5-cylinder 3.2L diesel in Transit van in North America next year

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The new diesel engine, Ford’s second in North America, has already been applied in the global Ford Ranger truck sold in world markets (3.2 Precise injection timing and calibration also ensures a smooth combustion process to reduce hard diesel combustion clatter, resulting in lower noise levels that are more like a gasoline engine.

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Shell, Gordon Murray and Osamu Goto to develop new ultra-compact ICE city car

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The car, intended to be a simple, practical global city car leveraging light-weight engineering, streamlining, and driveline efficiency, is scheduled to be unveiled in November 2015. Shell will design the motor oil that complements and enhances the overall efficiency of the vehicle. Together with the all-electric T.27

Cars 150
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Bank of America: Oil Demand Growth to Hit Zero Within a Decade, EVs the Culprit

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By 2030, oil demand could hit a peak and then enter decline, according to a new report. For the next decade or so, oil demand should continue to grow, although at a slower and slower rate. According to Bank of America Merrill Lynch, the annual increase in global oil consumption slows dramatically in the years ahead.

Oil 306