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

JANUARY 31, 2010

Hedayat said that IDRO is now working on projects for utilizing plant fuel, and added, “The existence of vast cane farms in southern (Iran), fuel, engine and vehicle research centers and auto-making companies indicates that the organization enjoys the required capability for research, production and supply of plant fuel.”.

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Iran Brazil 2008 United States 218

Green Car Congress

AUGUST 11, 2015

Under a project to deliver a new generation of green transport fuel, researchers the Islamic Azad University in Iran have produced biodiesel from flixweed seed oil. Alami said experiments with the crop revealed it contained 22% of oil and a fatty acid composition which makes it apt for being turned into a biofuel and biodiesel.

Oil 150

Oil Lithuania Iran Africa 150

Green Car Congress

MAY 23, 2016

The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran. OPEC interactions have become a direct altercation between Saudi Arabia and Iran, with the remaining members reduced to mere observers. There will always be a need for additional production.

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Saudi Arabia Iran Store Oil 150

Green Car Congress

AUGUST 25, 2016

It’s possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it’s also possible that they are ramping up production to take the sting out of a freeze. The question is, how many times can the Saudis cry wolf without forever losing the ability to leverage this chatter to affect a rise in oil prices?

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Saudi Arabia Iran Algeria Oil Prices 150

Green Car Congress

FEBRUARY 25, 2016

Production cost and breakeven figures that analysts enjoy bandying can trap you in bubble of black-and-white mathematics that is a few brush-strokes shy of a full picture. Saudi Arabia and Kuwait enjoy some of the lowest production costs in the world, at about $10 and $8.50, respectively, according to Rystad Energy data.

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Saudi Arabia Oil Oil-Sands Iraq 150

Green Car Congress

MARCH 24, 2016

Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase. That has sparked a renewed sense of optimism among oil traders.

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Oil Prices Oil Price North Dakota 150

Green Car Congress

MAY 4, 2016

Across the Gulf, Iran has taken similar steps. Energy Subsidy Reform in the Persian Gulf: The End of the Big Oil Giveaway” was co-authored by Jim Krane, the Wallace S. Wilson Fellow for Energy Studies at the Baker Institute, and Shih Yu “Elsie” Hung, a research associate in the institute’s Center for Energy Studies.

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United Arab Emirates Oil Saudi Arabia Bahrain 150

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, as losses in Libya and Iraq offset higher supply from Saudi Arabia, Iran and Angola. related product draws. Having bottomed?out

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Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.

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Plugs and Cars

FEBRUARY 20, 2007

Today the Wall Street Journal (subscription required) reports "Soaring Energy Use Puts Oil Squeeze on Iran." Iran may start rationing gasoline as soon as next month, and its oil exports could dry up in as little as a decade. What it uses it can't sell.

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Iran Oil Electric Cars Cars 100

Green Car Congress

SEPTEMBER 2, 2015

If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.". Saudi Aramco Chairman Khalid Al-Falih indicated in March that Saudi Aramco would not cut investment.

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Oil Saudi Arabia UAE 2015 150

Green Car Congress

MAY 22, 2012

Iranian oil officials announced that the in-place reserves of a newly found oil field in the Caspian Sea may contain 8 to 10 billion barrels of oil—i.e., After 104 years this is for the first time oil is erupted in Caspian Sea waters during drilling operations. supergiant field class. —Ali Osouli.

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Oil Iran Water Gas 186

Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.”

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Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). The oil market is at a crossroads.

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Oil Oil-Sands Global Oil Prices 255

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.

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Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

DECEMBER 5, 2018

It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 million barrels daily, including from Russia, to reverse the free fall of oil prices. A recent report from Capital Economics said Saudi Arabia has its problems but it could withstand lower oil prices without feeling too much of a pinch.

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Green Car Congress

JULY 11, 2016

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) crude oil output surged 300,000 barrels per day (b/d) in June, close to an eight-year high of 32.73 If the situation persists, the case for a return to some kind of production cap may gain traction. million b/d.

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Saudi Arabia 2008 Iran Niger 150

Green Car Congress

NOVEMBER 2, 2020

Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference. —Secretary General Sentyurin.

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Turkmenistan Equatorial Guinea United Arab Emirates Gas 170

Green Car Congress

MARCH 26, 2014

In September 2013, China’s net imports of petroleum and other liquids exceeded those of the United States on a monthly basis, making it the largest net importer of crude oil and other liquids in the world, according to figures from the US Energy Information Administration (EIA). million barrels per day, primarily from tight oil plays.

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United Arab Emirates Sudan Saudi Arabia China 261

Green Car Congress

OCTOBER 6, 2015

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

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Russia Saudi Arabia Iran Iraq 150

Plugs and Cars

MAY 11, 2007

From Saturday's New York Times story " Cheney, on Carrier, Sends Warning to Iran " Vice President Dick Cheney used the deck of an American aircraft carrier just 150 miles off Iran’s coast as the backdrop yesterday to warn that the United States was prepared to use its naval power to keep Tehran from disrupting oil routes.

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Oil Iran Iraq Financing 100

Green Car Congress

OCTOBER 25, 2015

It may just delay the adjustment for oil markets. “It Kicking the can means that production may not fall as fast as expected, which will mean oil prices may not begin to stage a rally as quickly as some had hoped. The ratings agency cut its forecasted oil price for 2016 to just $48 per barrel.

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Saudi Arabia Oil Prices Oil Russia 150

Green Car Congress

JULY 22, 2015

With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. oil sector is likely to witness a lot more layoffs than we have seen so far?

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Oil Prices Oil Price 2015 150

Green Car Congress

JULY 7, 2015

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.28 Now, output seems to be on the way up, and at a time when the market could be looking at a lot more oil from Iran. In addition, new refineries are pushing domestic use of crude oil higher. million b/d in June.

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Saudi Arabia Iraq Libya 2012 150

Green Car Congress

JULY 28, 2015

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. As if being the world’s biggest exporter of oil was not enough, the desert kingdom is now looking to conquer the refining sector as it has quickly become the fourth largest refiner in the world. By offering almost 2.8

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Saudi Arabia Price Oil India 150

Cars That Think

AUGUST 29, 2022

Russia ranks second in the extraction of both crude oil (behind the United States and ahead of Saudi Arabia) and natural gas (behind the United States and ahead of Iran), and it is the sixth-largest producer of coal (behind Australia and ahead of South Africa). Here are the basic facts.

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Ukraine Russia Saudi Arabia Fuel 77

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. The US dollar then went through a massive devaluation, and oil played a crucial role in propping it back up.

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Russia Oil Saudi Arabia China 225

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) and $1 billion ($2.5

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

DECEMBER 10, 2014

This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. The OECD represents the developed economies. Transportation in general.

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Energy Global 2010 Oil-Sands 252

Green Car Congress

JUNE 10, 2011

Because of the lower carbon/hydrogen ratio of methane (CH 4 ) relative to gasoline, CO 2 emissions from the combustion of natural gas are approximately 75% of those of gasoline for a given amount of energy production. million bpd of oil. I.e., on an energy basis at the point of use, the CO 2. Tcf/year, equivalent to 1.3

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MIT Gas Transportation Future 299

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. The Saudis obviously miscalculated the degree to which their shift would negatively impact oil prices.

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Saudi Arabia Oil Iraq Iran 150

Green Car Congress

JANUARY 13, 2012

Black carbon, a product of burning fossil fuels or biomass such as wood or dung, can worsen a number of respiratory and cardiovascular diseases. Seven measures target CH 4 emissions, covering coal mining, oil and gas production, long-distance gas transmission, municipal waste and landfills, wastewater, livestock manure, and rice paddies.

Carbon 257

Carbon Ozone Emissions International 257

Green Car Congress

SEPTEMBER 18, 2015

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. by Art Berman for Oilprice.com.

Oil 150

Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

NOVEMBER 13, 2010

Europe is currently seeing an increasing number of projects aimed specifically at the production of biomethane and its use in vehicles. The paper uses Brazil, India, Iran, Pakistan, the US and Europe as case studies. Investments in grids are likely to take place only where other sectors can also benefit from natural gas supply.

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Gas Transportation CO2 Global 207

Cars That Think

FEBRUARY 28, 2022

Russia is the world’s second largest producer of crude oil, behind the United States and ahead of Saudi Arabia, and its second largest exporter, behind Saudi Arabia. For natural gas, it is the world’s second largest producer , behind the United States and ahead of Iran, and its largest exporter.

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Ukraine Russia Fuel Saudi Arabia 124

Green Car Congress

AUGUST 16, 2009

CO 2 conversion to hydrocarbons over catalysts has been known for several decades but has been shown very little research and development attention, as other technologies have been much cheaper and efficient in yielding cheap oil. Scott Shaw. Earlier post.). by varying the feed H 2 O/CO 2 ratio.

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Conversion Fuel CO2 Solar 231