article thumbnail

When Will Russia Run Out Of Oil?

Green Car Congress

Russia’s exploration activities, which were hit not only by plummeting oil prices but also by a targeted sanctions regime, suffered a double blow during this period. In 2015, only seven new hydrocarbon discoveries were made in Russia, three of them in the Baltic Sea. When will Russia run out of oil? million tons.

Russia 150
article thumbnail

bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

Green Car Congress

By country, the US, India and Russia saw the largest declines in energy consumption. Country wise, Russia (-1 million b/d), Libya (-920,000 b/d) and Saudi Arabia (-790,000 b/d). bbl in 2020—the lowest since 2004. China saw the largest increase (2.1%), one of only a handful of countries where energy demand grew last year.

2020 397
article thumbnail

ARPA-E to award up to $10M to study cold fusion (LENR)

Green Car Congress

DOE reviews in 1989 and 2004 both concluded that the evidence did not support the claim of D-D fusion, but that research proposals on deuterated heavy metals should be evaluated under the standard peer-review process. Multiple books recount the history of “cold fusion” (now known as LENR).

Fusion 305
article thumbnail

IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

Green Car Congress

This situation might prove short-lived, however, as tougher sanctions on Russia come into full force, oil demand in China recovers from COVID-lockdowns, if sharper Libyan losses persist and the OPEC+ spare production capacity cushion erodes. Following gains of 1.8 mb/d this year, world oil demand is forecast to expand by 2.2 mb/d to 101.6

Oil 210
article thumbnail

Report: Mitsubishi Motors to cut US output 55%

Green Car Congress

which operates the plant, has carried out a series of layoffs since fiscal 2004. It plans to produce 50,000 units of the SUV a year, with half of them likely to be exported to Latin America, Russia and Europe. The Nikkei reports that Mitsubishi Motors Corp. To improve its bottom line, Mitsubishi Motors North America Inc.,

article thumbnail

Japan will begin test drilling for oil and gas off Niigata coast in 2013

Green Car Congress

The government previously conducted drilling surveys off the coast of Niigata in fiscal 2003 and fiscal 2004, but it was unable to confirm reserves viable for commercialization. The Sea of Japan (called the East Sea by South Korea) is bordered by Japan, North Korea, Russia and South Korea.

Japan 239
article thumbnail

Renault Introducing New Fluence Sedan Line; Diesels All Less Than 119 gCO2/km, All-Electric Model in 2011

Green Car Congress

Renault Fluence, which goes on sale in Turkey from November, will have three main markets: Turkey, Russia and Romania. Launched in 2004, the Mégane II four-door posted 60,000 sales in Russia to become the brand’s third most popular model, after Logan and Symbol. dCi diesel block: dCi 85; dCi 90 DPF3; dCi 105; dCi 110 DPF3; and.