Green Car Congress

JULY 21, 2021

Despite volatility in global oil markets, US crude oil exports reached a record high in 2020, according to the US Energy Information Administration (EIA). As of 9 July 2021, US crude oil exports have averaged 3.00 The most recent four-week rolling average of US crude oil exports reached 3.51

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Oil 2020 Oil Prices 2015 418

Green Car Congress

MARCH 20, 2022

In the face of the emerging global energy crisis triggered by Russia’s invasion of Ukraine and the countervailing barrage of economic sanctions, the International Energy Agency (IEA) is proposing a 10-Point Plan to Cut Oil Use. IEA claims that its plan would lower oil demand by 2.7 Ban private cars in cities on Sunday.

Oil 370

Oil Ukraine Economy Global 370

Green Car Congress

SEPTEMBER 1, 2023

To reduce the number of accidents in the global oil and gas industry caused by damaged pipelines, University of Houston researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. When larger spills happen, pipelines are often the culprit.

Oil 221

Oil Gas Chevron Houston 221

The Truth About Cars

MAY 30, 2024

Perhaps answering at least some of the questions we all have about VinFast and its long-term plans in this country, owner Vingroup announced this morning it has signed a memorandum of understanding with Mitsubishi to explore providing after-sales services in international markets. Wait, what?

Mitsubishi 105

Mitsubishi Oil Sale Vietnam 105

Green Car Congress

AUGUST 20, 2019

Canadian researchers have developed a large-scale economical method to extract hydrogen from oil sands (natural bitumen) and oil fields. This can be used to power hydrogen-powered vehicles, which are already marketed in some countries, as well as to generate electricity. Proton Technologies is commercializing the process.

Oil-Sands 375

Oil-Sands Oil Hydrogen Venezuela 375

Green Car Congress

JUNE 23, 2023

First oil is targeted for 2028. Trion is a greenfield development that would represent the first oil production from Mexico’s deepwater. The investment is expected to deliver an internal rate of return (IRR) greater than 16% with a payback period of less than four years. Trion was discovered in 2012 by PEMEX.

Mexico 195

Mexico Oil Water Gas 195

Green Car Congress

JULY 13, 2023

Member States of the International Maritime Organization (IMO), meeting at the Marine Environment Protection Committee (MEPC 80) earlier this month, adopted the 2023 IMO Strategy on Reduction of GHG Emissions from Ships. The Marine Environment Protection Committee (MEPC) addresses environmental issues under IMO’s remit.

International 150

International Emissions Mariner 2008 150

Green Car Congress

APRIL 15, 2023

In its April Oil Market Report , the International Energy Agency (IEA) forecasts that world oil demand will climb by 2 mb/d in 2023 to a record 101.9 Extra cuts by OPEC+ will push world oil supply down 400 kb/d by end of 2023. For the year as a whole, global oil production growth slows to 1.2 mb/d in 2022.

Oil 186

Oil Ukraine Russia Brazil 186

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

JULY 12, 2023

The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195

Market Carbon Supplies Insight 195

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. bbl on the physical market.

Saudi Arabia 186

Saudi Arabia Oil Production Russia 186

Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

Oil 231

Oil Industrial Industry Financing 231

Green Car Congress

NOVEMBER 21, 2014

As November draws to a close, there are two major events that could profoundly change the oil markets. Iran has signaled its willingness to accept international inspections of its nuclear program and the possibility of receiving enriched uranium from abroad. by Nick Cunningham of Oilprice.com. million barrels per day.

Iran 236

Iran Oil Saudi Arabia Market 236

Green Car Congress

FEBRUARY 20, 2022

In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA). million b/d. million b/d in 2023. million b/d.

United States 511

United States Oil 2020 International 511

Green Car Congress

MAY 5, 2023

The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

Oil 170

Oil Grant Gas Industrial 170

Green Car Congress

AUGUST 19, 2013

Algae International Group Inc. signed an agreement for Gulf exclusively to represent AIG in sales and distribution of its proprietary and non-proprietary algal oils and products created with the algal oils. AIG will begin by shipping to Gulf samples of algal oils for testing as feedstocks for biodiesel.

Oil 218

Oil International Renewable Standards 218

Green Car Congress

SEPTEMBER 3, 2021

LG Chem and Korean biodiesel producer and exporter Dansuk Industrial will form a joint venture to build Korea’s first next-generation hydro-treated vegetable oil (HVO) plant. HVO is a next-generation bio-oil produced through hydro-treatment of vegetable raw materials such as waste cooking oil and palm by-products.

Oil 186

Oil Building Waste Fuel 186

Green Car Congress

JANUARY 26, 2021

a leader in the area of high-performance dynamometer systems, recently provided a performance test stand for validating designs for new hydraulic variable timing cam phaser systems for a major international provider of powertrain components. The custom-built system is designed for use with cam phasers driven by oil pressure.

International 243

International Engine Cleaner Oil 243

Green Car Congress

APRIL 23, 2018

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

Oil 276

Oil Global 2003 2007 276

Green Car Congress

MAY 22, 2019

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins. —Gabriel Collins.

Oil Prices 330

Oil Prices Gasoline-Electric Gasoline Oil 330

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil.

Oil Prices 170

Oil Prices Oil Saudi Arabia Price 170

Green Car Congress

MARCH 13, 2015

out in the second quarter of 2014, global oil demand growth has since steadily risen, with year?on?year mb/d for the current quarter, according to the IEA Oil Market Report for March. mb/d for the second quarter on sustained high margins and a slightly more robust oil demand outlook. Having bottomed?out average 23.1

2015 150

2015 Oil Saudi Arabia Market 150

Green Car Congress

JANUARY 11, 2019

The Department of Energy’s (DOE’s) Office of Fossil Energy announced up to $88 million in federal funding for cost-shared research and development projects enhancing technologies for oil and natural gas recovery under two separate funding opportunity announcements (FOAs). million barrels of oil per day (MMb/d)) to 56.5%

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Oil Gas 2017 2014 306

Green Car Reports

MARCH 17, 2023

The global market for internal-combustion vehicles peaked in 2017 and is now in "structural decline," Bloomberg New Energy Finance declared in a recent report. In 2017, 86 million internal combustion passenger vehicles were sold globally—including.

2017 177

2017 Sale Oil Vehicles 177

Green Car Congress

AUGUST 13, 2023

This collaboration will help realize the decarbonization goals of industrial steel, wood products, concrete, oil and gas, and port operations markets. This effort includes Battery Electric trucks, hydrogen fuel cell trucks, and now Hydrogen Internal Combustion Engines (H2ICE).

Hydrogen 365

Hydrogen Engine Carbon Grid 365

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

JULY 6, 2018

When reports emerged that India and China are in talks about forming an oil buyers’ club , OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. The timing is right.

Oil 170

Oil India Oil Prices Japan 170

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

APRIL 15, 2022

A team at Oak Ridge National Laboratory (ORNL) has developed a new computational model of a two-stroke scaled marine engine, with reduced chemical mechanisms for diesel, biodiesel, bio-oil, and polycyclic aromatic hydrocarbons (PAH). For the study, the surrogate is based on the bio-oil produced by Dynamotive Energy Systems.

Mariner 170

Mariner Oil Engine Emissions 170

Green Car Congress

MAY 3, 2017

Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.

Oil 218

Oil Electric Vehicles Vehicles Financing 218

Green Car Congress

JULY 6, 2018

When reports emerged that India and China are in talks about forming an oil buyers’ club , OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. The timing is right.

Oil 150

Oil India Oil Prices Japan 150

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. — Mad Max: Beyond Thunderdome. and $65.65

Russia 150

Russia Saudi Arabia Oil Market 150

Teslarati

MARCH 1, 2022

Lucid announced that its first international plant will be located in Saudi Arabia. Lucid aspires to be a catalyst for change wherever we go, so it makes perfect sense that we are bringing electric vehicles to one of the world’s biggest oil-producing nations. The new international plant is expected to produce 150,000 vehicles per year.

Saudi Arabia 98

Saudi Arabia International Motors Motoring 98

Green Car Congress

AUGUST 15, 2023

ClassNK has issued an Approval in Principle (AiP) for an ammonia fuel supply system for oil tanker and container ship developed by Samsung Heavy Industries (SHI). Ammonia is expected to be used as a ship fuel for decarbonization since it does not emit CO 2 when combusted. Approval in Principle (AiP).

Oil 150

Oil Supplies Fuel Alternative Fuels 150

Green Car Congress

MAY 22, 2020

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 The oil market fear that characterized March and the extreme price pressure that producers felt in April have galvanized producers across North America into unprecedented action. However, nearly 1.4

Oil 186

Oil Canada Oil-Sands Production 186

Baua Electric

MARCH 6, 2024

Indian Oil Corp, the country’s largest fuel marketing company, plans to secure fuel supply contracts from teams participating in the Formula 1 championship. “We We expect to manufacture the fuel for Formula 1 cars and obtain the required certifications within three months,” Indian Oil Chairman Shrikant Madhav Vaidya said.

Oil 52

Oil Supplies Bahrain Fuel 52

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