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Repsol and Alliance Oil to form an exploration and production JV in Russia

Green Car Congress

Repsol and Alliance Oil Company have signed a Memorandum of Understanding to form a joint exploration and production (E&P) venture that will serve as a growth platform for both companies in the Russian Federation, the world’s largest oil and gas producer. Russia was the largest producer of crude oil in 2009, surpassing Saudi Arabia.).

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Opinion: Global Oil Supply More Fragile Than You Think

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But the delay of 46 major oil and gas projects that have 20 billion barrels of oil equivalent in reserves mean that global production several years from now could be much lower than anticipated. One other factor that could tighten oil markets over the long-term is the fact that Saudi Arabia has churned through much of its spare capacity.

Oil 150
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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% Gas production globally grew by 3.1%; the US recorded 7.7% The EU’s decline in gas production was the highest on record (-11.4%).

Coal 261
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Alcoa splitting into two companies; expecting 2.4x increase in automotive revenues to $1.8B in 2018

Green Car Congress

Alcoa has also invested in what it says is the most advanced, low-cost integrated aluminum complex in the world in Saudi Arabia, with the refinery and smelter now fully operational. EBITDA margins for the value-add portfolio have increased from 8% in 2008 to 15% in 2015 on a pro-forma basis for the twelve months through 30 June 2015.

2018 150
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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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tonnes per capita, despite a decline due to the recession in 2008-2009, high oil prices and an increased share of natural gas. Natural gas consumption increased globally by 2.2% The largest growth took place in China (+22%), Saudi Arabia (+13%) and Japan (+12%). tonnes per capita. the United States (16%).

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PHEV's and Water Consumption

Plug In Partners

Water Supply, Researcher Says By Jennifer Bogo Popular Mechanics March 7, 2008 "A 30-mile commute in a gasoline-powered car would require the withdrawal of 18.9 Water consumption per MWH for a new natural gas plant is around 250 gallons per MWH. Or in Saudi Arabia where they use massive water flooding?

Water 100