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The Next Oil Price Spike May Cripple The Industry

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Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

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Global CO 2 emissions from fuel use and cement production by region. In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Source: PBL.

2008 170
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Neste and Rolls-Royce partner to accelerate use of renewable diesel

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Under the mtu brand, Rolls-Royce sells high-speed engines and propulsion systems for ships, power generation, heavy land and rail vehicles, military vehicles, and the oil and gas industry, as well as diesel and gas systems and battery containers for safety-critical applications, continuous power generation, combined heat and power, and microgrids.

Renewable 210
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Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

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Global energy intensity, 1981-2010. Global energy intensity—defined as total energy consumption divided by gross world product—increased 1.35% in 2010, the second year of increases in the context of a broader trend of decline over the last 30 years, according to a new Vital Signs Online article from the Worldwatch Institute.

2010 246
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. per barrel oil in 2015 and 2016 respectively, while the October projections are based $51.62 by Dalan McEndree for Oilprice.com. — Mad Max: Beyond Thunderdome. and $65.65 respectively.

Russia 150
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Honda to begin reuse of rare earth metals extracted from used NiMH batteries before year end; targeting extraction from motors and Li-ion batteries as well

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Honda has been collecting and recycling bumpers that were removed from the vehicle as a raw material, selling functional used parts as reusable parts, recycling and reselling used oil filters, etc. Global average of the amount of CO 2 emitted by Honda products. FY ended 31 Mar 2001). 31 Mar 2001). CO 2 from product use.

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EIA: US summer gasoline demand expected to be at 11-year low, prices at record high

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High prices at the pump—mostly a result of global crude oil prices—and the use of more efficient vehicles both encourage reduced gasoline consumption. million barrels per day (bbl/d) this summer driving season, which runs from April through September, the lowest since 2001 and about 6.4%

Gasoline 247