Green Car Congress

JULY 30, 2019

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. OPEC registered zero growth as production in the Arab Gulf countries were offset by losses in Iran and Venezuela due to geopolitical issues.

Saudi Arabia 170

Saudi Arabia Oil 2018 Global 170

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.” Source: opec.org).

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

AUGUST 20, 2019

The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. Just taking Alberta as an example, we have the potential to supply Canada’s entire electricity requirement for 330 years (Canada uses around 2.5% Proton Technologies is commercializing the process.

Oil-Sands 375

Oil-Sands Oil Hydrogen Venezuela 375

Green Car Congress

APRIL 20, 2013

Crude oil imports from the top five foreign suppliers to the United States—which in 2012 were Canada, Saudi Arabia, Mexico, Venezuela, and Iraq, in that order—accounted for almost 72% of total US net crude oil imports, the highest proportion since 1997, according to the US Energy Information Administration (EIA). Saudi Arabia.

Saudi Arabia 262

Saudi Arabia Oil Iraq Venezuela 262

Green Car Congress

NOVEMBER 28, 2012

Canada is the largest supplier of foreign oil to the United States, followed by Saudi Arabia, Mexico, and Venezuela. In 2012, Canada supplied the US with a record of nearly 2.5 Almost 99% of Canadian oil exports are sent to the US market. Canada accounted for approximately 25% of US crude oil imports in 2011, averaging 2.2

Canada 225

Canada Saudi Arabia Oil-Sands 2012 225

Green Car Congress

APRIL 27, 2017

It brings an additional cause of concern for global energy security at a time of heightened geopolitical risks in some major producer countries, such as Venezuela, the IEA said. mb/d a year in the next five years, the IEA has repeatedly warned that an extended period of sharply lower oil investment could lead to a tightening in supplies.

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

MAY 8, 2011

This follows the completion of the deal announced last October in which BP’s existing partner, PdVSA of Venezuela, agreed to sell its 50% interest in the joint venture to Rosneft. The ROG joint venture is operated by BP, and is a major contributor to the manufacture and supply of transport fuels and base petrochemicals in Germany.

Venezuela 186

Venezuela 2002 Germany Oil 186

Green Car Congress

AUGUST 9, 2013

The study also found that any absence of oil sands on the US Gulf Coast would most likely be replaced by imports of heavy crude oil from Venezuela, which has the same carbon footprint as oilsands crude. Even considering new capacity from rail, the balance between western Canadian supply and export capacity remains tight.

Venezuela 275

Venezuela Oil-Sands Oil Canada 275

Green Car Congress

MAY 23, 2016

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. million barrels per day (bpd).

Saudi Arabia 150

Saudi Arabia Iran Store Oil 150

Green Car Congress

OCTOBER 6, 2015

Russia supplied about 30 percent (146.6 The decision also has impacted natural gas export prices negatively, since, for Russia's long-term supply agreements, they wholly or partially are indexed to oil prices. They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects.

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

JULY 28, 2015

With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy.

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

JUNE 23, 2011

Chevron is taking its technology learnings from Kern River and apply them to Duri and other major heavy oil fields globally, such as Wafra in the onshore Partitioned Neutral Zone (PNZ) between Kuwait and Saudi Arabia and in the Orinoco in Venezuela. DOE fact sheet: US Heavy Oil Resource Potential.

Chevron 244

Chevron Oil Oil-Sands Production 244

EV Info

SEPTEMBER 23, 2021

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change.

Power 52

Power Powered Wind Coal 52

Green Car Congress

AUGUST 26, 2011

The proposed Keystone XL Project consists of a crude oil pipeline and related facilities that would primarily be used to transport Western Canadian Sedimentary Basin (WCSB) crude oil from an oil supply hub near Hardisty, Alberta, Canada to delivery points in Oklahoma and Texas. In 2009, Gulf Coast refineries imported approximately 5.1

Oil-Sands 253

Oil-Sands Emissions Oil Oklahoma 253

Green Car Congress

AUGUST 25, 2015

As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense. While the IEA projects surplus production will begin to recede in 2H 2016, they are suffering now (and in any case, it is a projection).

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

OCTOBER 20, 2015

Venezuela, an OPEC member, has even proposed an emergency summit meeting. While the sharp decline in crude prices has saved crude consuming nations hundreds of billions of dollars, the loss in revenues has caused crude exporting countries intense economic and financial pain. Sovereign Wealth and Foreign Currency Reserves.

Russia 150

Russia Saudi Arabia Oil Market 150

Green Car Congress

NOVEMBER 15, 2012

Although crudes derived from the Canadian oil sands are more carbon-intensive than the average oil refined in the United States, they are within the range of some other crude oils produced, imported, or refined in the United States, including crudes from Venezuela, Nigeria, Iraq, and California heavy oil production, according to the report.

Oil-Sands 388

Oil-Sands Oil Emissions United States 388

Cars That Think

JANUARY 29, 2022

Bad things happen when demand outstrips supply. We learned that lesson too well at the start of the pandemic, when demand for toilet paper, disinfecting wipes, masks, and ventilators outstripped the available supply. Clearly, balancing the supply and demand of goods is critical for a stable, normal, functional society.

Power Grid 103

Power Grid Grid Power Powered 103

Green Car Congress

NOVEMBER 20, 2016

That is because of two reasons—the size of its reserves, and the ability to use latent spare capacity to quickly adjust supply, affording it an outsized influence on crude oil prices. A sharply lower reserve estimate could send oil futures up if fears over supply surface, and it might also affect Saudi Arabia’s credit rating.

Saudi Arabia 150

Saudi Arabia Oil Oil Prices Russia 150

Green Car Congress

JUNE 23, 2016

If prices went too low the LTO operators couldn’t afford to drill, which would shrink supply and cause prices to rise. If they somehow collude to restrict supply to affect prices they will be prosecuted and perhaps sent to jail. If and when prices rose the US rig count would rise and ultimately cause prices to fall again.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

NOVEMBER 13, 2011

Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. Production of conventional crude oil—the largest single component of oil supply—remains at current levels before declining slightly to around 68 mb/d by 2035. —WEO 2011.

Oil 247

Oil Transportation Cheap Fleet 247

Green Car Congress

MAY 27, 2022

Glencore also admitted to bribery of officials in Brazil and Venezuela. In Venezuela, Glencore admitted to conspiring to secure improper business advantages by paying over $1.2 bought from, and sold to, another party, did not reflect legitimate forces of supply and demand.

Los Angeles 199

Los Angeles Equatorial Guinea Price Nigeria 199

Drive Electric

AUGUST 9, 2022

Fortunately, to improve this issue, battery makers are working towards more responsible supply chains , and have the potential for cheaper, more efficient, and more environmentally friendly energy storage in the near future. If it’s manufactured on a ‘dirty’ power grid it becomes a major source of emissions over the EV lifecycle.

Environment 98

Environment Electric Vehicles New Zealand Vehicles 98

Green Car Congress

JULY 28, 2018

The oil supply outages in Venezuela, Libya and Iran could yet drive oil prices much higher. If the supply outages do not materialize, there is much more room on the downside for oil prices. But the strength of the U.S. dollar is a major roadblock. Link to original article: [link].

Oil Prices 170

Oil Prices Oil Price South Africa 170

Drive Electric

AUGUST 9, 2022

Fortunately, to improve this issue, battery makers are working towards more responsible supply chains , and have the potential for cheaper, more efficient, and more environmentally friendly energy storage in the near future. If it’s manufactured on a ‘dirty’ power grid it becomes a major source of emissions over the EV lifecycle.

Environment 52

Environment Electric Vehicles New Zealand Vehicles 52