Green Car Congress

APRIL 1, 2022

In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil. President George W.

Oil 418

Oil Ukraine Libya Iraq 418

Green Car Congress

MARCH 10, 2021

US crude oil production averaged 11.3 The production decline resulted from reduced drilling activity related to low oil prices in 2020. The production decline resulted from reduced drilling activity related to low oil prices in 2020. In January 2020, US crude oil production reached a peak of 12.8 million b/d. million b/d.

Oil 418

Oil 2020 North Dakota New Mexico 418

Green Car Congress

MARCH 6, 2018

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets.

Brazil 218

Brazil Norway Oil Canada 218

Green Car Congress

MAY 11, 2022

The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). million barrels per day this year and 12.8

Oil 344

Oil Price Production Oil Prices 344

Green Car Congress

JUNE 8, 2023

Animal fats and used cooking oil are increasingly joining the likes of lithium, cobalt and copper as energy transitional materials where supply constraints are of growing concern, according to a new analysis of trade flows by S&P Global Commodity Insights Agribusiness Consulting group. The chase is on, and it is here to stay.

Carbon 170

Carbon Supplies Global North America 170

Green Car Congress

MARCH 9, 2022

Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. billion tonnes, accounting for 33% of the global total. billion tonnes. billion tonnes.

Emissions 370

Emissions Global Coal China 370

Green Car Congress

APRIL 1, 2020

IHS Markit Crude Oil Markets service expects up to 10 MMb/d of world oil production will be cut or shut-in from April to June 2020 as oil storage fills up and output from financially strapped companies begins to fall. If oil cannot be sold or stored, it cannot be produced. —Jim Burkhard. bbl on the physical market.

Saudi Arabia 186

Saudi Arabia Oil Production Russia 186

Green Car Congress

OCTOBER 7, 2021

In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —Stephen Nalley. —Stephen Nalley.

Global 259

Global Energy Emissions Asia 259

Green Car Congress

JANUARY 12, 2022

The US Energy Information Administration (EIA) forecasts that US oil production will average 12.4 million barrels per day during 2023, surpassing the record high for domestic crude oil production set in 2019. EIA also expects OPEC to increase its crude oil production to 28.9 million barrels per day in 2021.

Oil 199

Oil Production Coal Solar 199

Green Car Congress

DECEMBER 5, 2019

Driven by rising natural gas and oil consumption, levels of CO 2 are expected to hit 37 billion metric tons this year, according to new estimates from the Global Carbon Project (GCP), an initiative led by Stanford University scientist Rob Jackson. and China account for more than half of all carbon dioxide emissions globally.

Carbon 195

Carbon Global Emissions Climate Change 195

Green Car Congress

APRIL 5, 2023

EIA projects that the United States will continue to be an integral part of global oil markets and a significant source of supply in these cases, as increased exports of finished products support US production. It also assumes the Brent crude oil price reaches $101 per barrel (b) (in 2022 dollars) by 2050.

International 273

International Oil Prices Production Oil 273

Green Car Congress

NOVEMBER 20, 2022

Neste, the world's leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, will acquire the used cooking oil (UCO) collection and aggregation business and related assets in the United States from Crimson Renewable Energy Holdings, LLC. million tons annually.

Renewable 150

Renewable Oil Oregon Netherlands 150

Green Car Congress

AUGUST 7, 2020

Oil markets have returned to relatively stable ground with Brent prices within a narrow $40-$45 per barrel range and could conclusively pass the $50 per barrel mark in the second half of 2021, according to Roger Diwan and the IHS Markit Energy Advisory Service. bbl in 2020 and $49.25/bbl bbl in 2021—up $7.09/bbl bbl and $5.25/bbl,

Saudi Arabia 186

Saudi Arabia Oil Prices Oil Price 186

Green Car Congress

AUGUST 15, 2011

between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% About one third of this growth came from China, which now uses more than 10% of the world’s oil. The United States, Brazil, Russia, and the Middle East accounted for an additional 48% of the increase.

Oil 287

Oil Global Oil-Sands Saudi Arabia 287

Green Car Congress

SEPTEMBER 8, 2022

The US Energy Information Administration (EIA) expects higher-than-average natural gas prices globally as demand remains high this winter in the United States, Europe, and Asia, and inventories remain low. per million British thermal units in January 2023. —EIA Administrator Joe DeCarolis.

Gas 150

Gas Price Global Gas-Electric 150

Green Car Congress

JUNE 10, 2013

Map of basins with assessed shale oil and shale gas formations, as of May 2013. Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. Source: US EIA. Click to enlarge.

Oil 281

Oil Algeria United States Argentina 281

Green Car Congress

NOVEMBER 11, 2022

Strong demand for ultra-low sulfur diesel (ULSD) in October, combined with reduced global production, has resulted in lower ULSD inventories in the United States, according to the US Energy Information Administration (EIA). ULSD is the most widely consumed form of distillate fuel oil.

Diesel 195

Diesel Price United States Oil 195

Green Car Congress

JUNE 26, 2021

These new grades will claim 100% renewable attributed carbon derived from crude tall oil (CTO) bio-feedstock, according to a mass-balance approach. CO 2 /kg, according to the ISO14040 standard) while reducing dependence on upstream crude oil consumption. —Anthony Bonnet, Global R&D Director for Fluoropolymers.

Li-ion 186

Li-ion Oil Renewable Range 186

Green Car Congress

FEBRUARY 20, 2023

is to nationalize lithium so that it cannot be exploited by foreigners from Russia, China or the United States. Oil and lithium belong to the nation, they belong to the people of Mexico, to you, to all those who live in this region of Sonora, to all Mexicans. What we are doing now.

Mexico 543

Mexico Bolivia Chile Argentina 543

Green Car Congress

MAY 14, 2019

Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. Global energy investment totalled more than US$1.8

2018 191

2018 Global Energy Coal 191

Green Car Congress

MARCH 26, 2019

last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. Gas demand growth was especially strong in the United States and China. As a result, global energy-related CO 2 emissions rose by 1.7%

2018 207

2018 Global Emissions Energy 207

Green Car Congress

APRIL 22, 2019

Nanyang Technological University, Singapore (NTU Singapore) scientists have developed a sustainable way to demonstrate a new genetic modification that can increase the yield of natural oil in seeds by up to 15% in laboratory conditions. This results in larger oil reserves in the seed that primarily serves as an energy source for germination.

Oil 236

Oil Singapore Cleaner United States 236

Green Car Congress

APRIL 6, 2012

As part of a larger reorganization of its Global Oilfield and Mining Solutions business, BASF is establishing a dedicated Global Enhanced Oil Recovery (EOR) Business Development unit. Houston is recognized as the global hub for the oil and gas industry.

Oil 225

Oil Global Houston Chile 225

Green Car Congress

DECEMBER 12, 2021

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.

Price 416

Price Oil Asia Gas 416

Green Car Congress

MARCH 23, 2023

The BLADE (Beaumont Light Atmospheric Distillation Expansion) project built a third crude unit within the facility’s existing footprint to expand light crude oil refining. Permian crude oil is processed at the Beaumont refinery where the company manufactures finished products, including diesel, gasoline, and jet fuel.

Delaware 353

Delaware Oil 2012 Light 353

Green Car Congress

APRIL 18, 2012

USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources of the world. These new estimates are for conventional oil and gas resources only. This assessment does not include the United States; however, the USGS is continuously assessing American domestic resources.

Oil 218

Oil Oil-Sands Gas Global 218

Green Car Congress

NOVEMBER 15, 2014

Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. Global oil demand is expected to increase by 37 percent by 2040, with a dominant proportion of that coming from developing countries—i.e. China and India.

Oil 257

Oil Iraq Oil-Sands Supplies 257

Green Car Congress

JUNE 18, 2022

According to EIA’s June 2022 Short-Term Energy Outlook (STEO), petroleum production in the combined non-OPEC countries, excluding the Unites States and Russia, will increase by 3% (0.9 The United States will account for about 60% of the growth in combined liquid fuels production in all non-OPEC countries. in 2021.

Brazil 259

Brazil Canada Oil-Sands China 259

Green Car Congress

APRIL 2, 2017

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. The forecasts of growth in global demand rely upon increased use by developing countries, most importantly China and India. and OECD demand.

Oil 250

Oil Saudi Arabia 2007 Supplies 250

Green Car Congress

OCTOBER 2, 2019

Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

Oil 199

Oil Gas Oil Prices Water 199

Green Car Congress

DECEMBER 11, 2013

The International Energy Agency’s (IEA’s) Oil Market Report (OMR) for December raised the estimate of global oil demand for 2013 by 130,000 barrels per day (130 kb/d) to 91.2 Global demand is now seen advancing by 1.2 Global demand is now seen advancing by 1.2 Global refinery crude runs plunged to 73.6

United Arab Emirates 220

United Arab Emirates 2014 Oil Supplies 220

Green Car Congress

APRIL 15, 2017

shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. In recent years, U.S. shale output.

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

NOVEMBER 4, 2019

Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing, according to a new report by the International Energy Agency. Global primary energy demand rose by 2.3% In the United States, primary demand increased for the first time since 2014.

Global 150

Global Energy 2018 Coal 150

Green Car Congress

JULY 5, 2023

The renewable units in Cheyenne (6,000 BPD) and Sinclair (10,000 BPD) are from the conversion of crude oil refinery assets whereas the Artesia (9,000 BPD) renewable unit is a grassroots renewable facility. Asset map showing the three HF Sinclair renewable diesel refineries.

Renewable 195

Renewable Diesel Wyoming New Mexico 195

Green Car Congress

FEBRUARY 2, 2022

have entered into a long-term strategic offtake and market development agreement that will see bp, or its affiliates, purchase Nuseed Carinata oil to process or sell into growing markets for the production of sustainable biofuels. Nuseed and BP Products North America Inc., bp is already an active participant in the biofuels supply chain.

Carbon 170

Carbon Market North America South America 170

Teslarati

APRIL 15, 2021

Goldman Sachs is preparing for the lapse of the Age of Oil, predicting big gains for the companies that continue to help expand the footprint of sustainable energy. However, Tesla isn’t the only car company that is listed , and cars are not the only topic that Goldman analysts are bullish on as the Age of Oil begins its imminent demise.

Oil 144

Oil Buy Tesla Petrol 144

Green Car Congress

NOVEMBER 3, 2020

and is the largest commercial advanced biofuel facility in the United States. The Diamond Green Diesel facility converts inedible oils and other waste fats into a high-quality renewable diesel fuel. Ecofining unit. Diamond Green Diesel is owned by Valero Energy Corp. and Darling Ingredients Inc.,

Renewable 397

Renewable Diesel Green Fuel 397