Remove Global Remove Norway Remove Oil Remove Wind
article thumbnail

EIA expects record global petroleum consumption in 2024, with lower crude oil prices

Green Car Congress

The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. EIA also expects oil production in Canada, Brazil, and Norway collectively to grow 12% from 2022 to 2024, and also expects growth from new sources such as Guyana.

article thumbnail

bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

Green Car Congress

The Review captures the significant impact the global pandemic had on energy markets and how it may shape future global energy trends. This fall was driven mainly by oil, which accounted for almost three quarters of the net decline. Wind, solar and hydroelectricity generation all grew despite the fall in overall energy demand.

2020 397
article thumbnail

Eni report: global oil reserves and oil production up in 2018 due to US

Green Car Congress

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.

article thumbnail

H2Carrier and Anori developing PtX project in Greenland; production of green ammonia on floating platform P2XFloater

Green Car Congress

H2Carrier AS and Greenland-based Anori A/S have signed a Letter of Intent (LOI) with the purpose of developing the first commercial wind farm in Greenland with subsequent production and export of green ammonia. The 1.5GW wind farm will supply power to H2Carrier’s floating production vessel for hydrogen and green ammonia, the P2XFloater.

Green 259
article thumbnail

Statoil to build the world’s first floating wind farm: Hywind Scotland

Green Car Congress

Statoil has made the final investment decision to build the world’s first floating wind farm: The Hywind pilot park offshore Peterhead in Aberdeenshire, Scotland. The decision triggers investments of around NOK 2 billion (US$238 million), realizing a 60-70% cost reduction per MW from the Hywind demo project in Norway.

Wind 191
article thumbnail

NTNU study finds ships’ and spare parts’ contribution to offshore wind power lifecycle impacts has been underestimated

Green Car Congress

Components: WT = wind turbine; Fnd = foundation; EC = electrical connections, including substation; Inst = installation; IOo = input-output, other; Mnt = Maintenance, excluding replacement parts; RP = replacement parts; EOL = end-of-life. ships and spare parts”—to the total life cycle impacts of offshore wind power.

Wind 199
article thumbnail

Rystad Energy expects strong growth in hydrogen pipelines through 2035

Green Car Congress

Globally, Europe is at the forefront of efforts to produce and import green hydrogen and its attention is now turning to building the necessary infrastructure to get it to demand centers. However, the greatest barrier is not financial, but the physical properties of hydrogen itself which differ substantially from oil and gas.

Hydrogen 531