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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets.

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EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

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Overall, US energy-related CO 2 emissions have fallen 15% from their peak of 6,003 MMmt in 2007. In 2019, CO 2 emissions from petroleum fuels—nearly half of which are associated with motor gasoline consumption—fell by 0.8%, and CO 2 emissions from the use of natural gas increased by 3.3%.

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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09

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Neste Oil and St1 to Collaborate in VTTs TransEco Development Program; Focus on Bio-ethanol and Bio-components for Gasoline

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Neste Oil and St1 have begun working together on a fuel project as part of the TransEco development program coordinated by VTT Technical Research Centre of Finland. Simo Honkanen, Senior Vice President, Sustainability and HSSE, Neste Oil. We believe that Finland needs a range of alternative biofuel solutions as we go forward.

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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8

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Toyota introduces new XSE Hybrid Grade Camry

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The engine features Toyota’s most advanced technologies, including Dual VVT-i with VVT-iE (Variable Valve Timing intelligent system by Electric motor) and laser-clad valve seats. The Camry Hybrid powertrain is the most efficient and powerful offered since the Hybrid debuted for 2007.

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EPA: US Greenhouse Gas Emissions Rose 1.4% in 2007

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The US Environmental Protection Agency (EPA) has released the national greenhouse gas inventory, which finds that overall emissions during 2007 increased by 1.4% Total emissions of the six main greenhouse gases in 2007 were equivalent to 7,150 Tg of carbon dioxide. percent from 1990 to 2007. in total between 2005 and 2007.

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