Green Car Congress

JULY 21, 2022

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. After Russia began its full-scale invasion of Ukraine in late February 2022, the impacts of reduced global refining capacity were exacerbated.

Global 448

Global China Kuwait Oman 448

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

SEPTEMBER 5, 2021

As the first batch of pilot projects of CNPC in the new energy field, the hydrogen stations in operation lay a foundation for the company’s future extensive deployment of hydrogen stations and the construction of hybrid stations of oil, gas, electricity, and hydrogen. CNPC) is an integrated international energy company.

Hydrogen 300

Hydrogen Asia Russia Africa 300

Green Car Congress

AUGUST 13, 2015

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. Plunging oil prices have substantially reduced Saudi revenues. Racing to Barrel Oil.

Saudi Arabia 150

Saudi Arabia Oil Iraq Iran 150

Green Car Congress

SEPTEMBER 2, 2015

The first quote modifies a GEICO commercial describing a free-range chicken (If you’re a free range chicken, you roam free, that’s what you do), the second, the famous John Maynard Keynes quote about markets (The market can stay irrational longer than you can stay solvent), the third, another famous Keynes quote (In the long run, we’re all dead).

Oil 150

Oil Saudi Arabia UAE 2015 150

Green Car Congress

MARCH 30, 2016

Just over three months after the authorities lifted the four-decade ban on crude oil exports, the US has actually exported less this year than it did over the same period the year before, when the ban was still in place. According to Clipper Data market intelligence cited by the Financial Times , we’ve seen a 5 percent decline in U.S.

Oil 150

Oil Venezuela France Asia 150

Green Car Congress

JANUARY 18, 2013

In its latest Oil Market Report , the International Energy Agency (IEA) raises its forecast for global consumption of oil to 90.8 Global crude oil supplies fell by 170 kb/d in December, to 91.2 mb/d in 4Q12, with growth in refining activity concentrated in China, India and Russia. mb/d y-o-y to around 75.9

2013 225

2013 Saudi Arabia Oil Global 225

Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

Oil 150

Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

OCTOBER 31, 2014

Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Related: Should Europe Be Concerned About Russia’s Growing Energy Relationship with Asia? ).

Russia 225

Russia Oil Saudi Arabia China 225

The Truth About Cars

SEPTEMBER 19, 2023

The Energy Information Administration (EIA) estimates that Americans were burning through a million fewer barrels of oil last week than they were the week before. What isn’t dropping is oil prices and that seems to be making all the difference. But the usual decline in pump prices is being stymied for now by these high oil costs.”

Price 90

Price Saudi Arabia Fuel Oil 90

Green Car Congress

NOVEMBER 2, 2020

Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference. Sentyurin also acknowledged the role of Turkmenistan as one of the founders of the Forum, the 20 member countries of which today represent 71% of proven gas reserves, 45% of its marketed production, 53% of pipeline, and 60% of LNG exports across the world.

Turkmenistan 170

Turkmenistan Equatorial Guinea United Arab Emirates Gas 170

Green Car Congress

SEPTEMBER 2, 2014

Satellite tracking of oil cargoes by market reporting group OPIS shows that Europe’s dependence on Russia for road fuels in the 28 member countries has deepened significantly. Diesel imports from Russia are at a record in the first eight months of 2014, with Germany the most reliant, followed by France, and then the UK.

2014 262

2014 Europe Diesel Russia 262

Green Car Congress

NOVEMBER 13, 2013

China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Mobility and oil. Source: IEA.

Oil 275

Oil 2013 Energy Emissions 275

Green Car Congress

AUGUST 7, 2020

However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The development of an international hydrogen market could also accelerate adoption. The hydrogen market is on the verge of a revolution.

Gas 243

Gas Global Industrial Industry 243

Green Car Congress

FEBRUARY 28, 2022

The bp board announced that bp will exit its shareholding in Rosneft, a Russian state-controlled oil and gas company. Russia’s attack on Ukraine is an act of aggression which is having tragic consequences across the region. bp has operated in Russia for over 30 years, working with brilliant Russian colleagues.

Russia 186

Russia Ukraine 2013 Financing 186

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.

Oil 247

Oil Transportation Cheap Fleet 247

Green Car Congress

NOVEMBER 14, 2012

BASF and Russia’s Gazprom signed a legally binding basic agreement to swap assets of equivalent value. In October, Wintershall also substantially expanded its production and reserves of oil and gas in the North Sea through an asset swap with Statoil. billion barrel of oil equivalent. This is equivalent to a total of 2.4

Gas 218

Gas Oil Production Russia 218

Green Car Congress

JUNE 13, 2012

Oil remains the world’s leading fuel, but its 33.1% Coal’s market share of 30.3% 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% World primary energy consumption grew by 2.5%

Coal 261

Coal Oil Renewable Saudi Arabia 261

Baua Electric

NOVEMBER 3, 2023

Around the six Gulf states, together with oil majors Saudi Arabia and the United Arab Emirates, electrical vehicles account for simply 0.4% s top class Zeekr emblem have began promoting in Israel and planning to make bigger into extra international locations within the patch, together with Qatar and Bahrain. Chery Car Co.

Saudi Arabia 52

Saudi Arabia Chinese Asia Oil 52

Green Car Congress

AUGUST 25, 2016

The official chatter is that the OPEC meeting in Algeria from September 26 to 28 could conclude with an agreement to freeze production by the member nations, with even Russia joining forces in a freeze that may prevent further oil price erosion. But lets rewind a bit to the nature of the recent chatter.

Saudi Arabia 150

Saudi Arabia Iran Algeria Oil Prices 150

Green Car Congress

AUGUST 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. billion vs. $1.6 billion to $3.5)

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

MAY 6, 2019

Nigeria or Algeria cannot do the same for their oil industry. Financial markets divest fossil-fuel assets and reallocate capital to low-carbon firms. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas. —Goldthau et al.

Carbon 207

Carbon Europe Climate Change Saudi Arabia 207

Green Car Congress

SEPTEMBER 10, 2014

World petroleum and other liquid fuels consumption will increase 38% by 2040, spurred by increased demand in the developing Asia and Middle East, according to the Reference Case projections in International Energy Outlook 2014 ( IEO2014 ), released by the US Energy Information Administration (EIA). oil sands, either diluted or upgraded).

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

MARCH 8, 2017

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year. But resurgent U.S.

Oil Prices 170

Oil Prices Saudi Arabia Oil Price 170

Green Car Congress

APRIL 10, 2015

OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. The EIA even predicts that OPEC’s net oil exports (excluding Iran) could fall to as low as $380 billion in 2015.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

AUGUST 25, 2014

The company developed the ship-mounted laser for exploration and development in the Arctic, said Shvabe Holding CEO Sergey Maksin at the international exhibition Defense Expo. The laser can also cut ice heading toward oil and gas platforms in the Arctic seas, making it easer to break the ice up, reported RIA Novosti.

Russia 218

Russia 2015 Oil Industrial 218

Green Car Congress

JULY 28, 2014

Brazil, Russia, India, and China (the BRIC nations) will represent the largest increases, as the percentage of global road transportation energy consumed by these nations is forecast to grow from 20% in 2014 to 36% in 2035. Annual road transportation sector energy consumption by fuel type, world markets: 2015-2035.

Transportation 255

Transportation Global Fuel Alternative Fuels 255

Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. Oil demand reaches 99.7

Global 225

Global 2012 Energy Oil 225

Green Car Congress

SEPTEMBER 25, 2019

In its International Energy Outlook 2019 (IEO2019), the US Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia.

Asia 220

Asia Energy 2018 India 220

Cars That Think

JANUARY 20, 2024

At a July meeting of the International Maritime Organization , the U.N. Russia currently operates seven nuclear-powered icebreakers. Emblemsvåg and the NuProShip team picked three reactor designs after analyzing 93 concepts in the International Atomic Energy Agency’s SMR handbook. One is a thorium-fueled molten-salt reactor.

Molten Salt 144

Molten Salt Mariner South Korea Water 144

Green Car Congress

MAY 5, 2014

Reform of energy subsidies in oil-exporting countries can reduce carbon emissions and add years to oil exports, according to a new paper from Rice University''s Baker Institute for Public Policy. Oil exporting regimes depend on export revenues to maintain control. —Jim Krane.

Energy 199

Energy Iran Oil Indonesia 199

Green Car Congress

DECEMBER 10, 2013

Article 76 of the Convention sets out a process for states to determine the limits of this “extended” continental shelf and gain international recognition for those limits. Legal certainty and international recognition is vital to developing our potentially immense resources. Arctic Canada Market Background Natural Gas Oil'

Canada 230

Canada Legal 2001 Denmark 230

Green Car Congress

JANUARY 19, 2011

World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030. Click to enlarge. Coal will increase by 1.2%

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

JULY 16, 2013

Topchiev Institute for Petrochemical Synthesis ( TIPS ) on marketing a new technology developed by TIPS to convert flared gases into hydrocarbon fuels such as gasoline. This byproduct of oil production often is difficult to transport from remote locations. The independent Dutch research organization TNO is working with the Russian A.V.

Convert 230

Convert Gasoline Gas Commercial 230

Green Car Congress

DECEMBER 10, 2014

A group of 10 Key Growth countries is expected to represent an increasingly significant share of the global energy market due to their rising populations and living standards. The Outlook for Energy identifies a significant evolution in the trade of oil and other liquids. Forecasts Fuel Efficiency Fuels Market Background Oil'

Energy 252

Energy Global 2010 Oil-Sands 252

Green Car Congress

JULY 21, 2012

Honeywell’s UOP—a major international supplier and licensor of technology for petroleum refining, gas processing, petrochemical production and major manufacturing industries—has also been an early leader in developing technologies for the production of renewable drop-in hydrocarbon fuels. Earlier post.) Earlier post.)

Renewable 247

Renewable Fuel Oil Diesel 247

Green Car Congress

NOVEMBER 5, 2012

The International Energy Agency, for example, now considers 4°C and 6°C scenarios as well as 2°C in their latest analysis. The issue is further complicated by a slow market recovery in developed nations, but sustained growth in E7 economies which could lock economic growth into high carbon assets. —PwC report. —PwC.

Climate Change 261

Climate Change Climate Saudi Arabia Economy 261