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bp starts oil production at Argos platform in the Gulf of Mexico; first new platform since 2008

Green Car Congress

With a gross production capacity of up to 140,000 barrels of oil per day, Argos is bp’s fifth platform in the Gulf of Mexico and the first new bp-operated production facility in the region since 2008. It is one of nine high-margin major projects that bp plans start up by the end of 2025 globally.

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S&P Global Mobility: average age of light vehicles in US hits record high 12.5 years

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years, up by more than three months over 2022, according to the latest analysis from S&P Global Mobility. It also reflects the highest yearly increase since the 2008-2009 recession, which caused acceleration in average age beyond its traditional rate due to the sharp decline in new-vehicle sales demand. billion, up more than 8.5%

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% The decline in 2020 of -5.2% increase in 2021.

Global 221
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Höegh Autoliners signs Letter of Intent with China Merchants Heavy Industry to build ammonia-ready Aurora class vessels

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Höegh Autoliners entered into a Letter of Intent (LoI) with China Merchants Heavy Industry (Jiangsu) Co., Since 2008 Höegh Autoliners has achieved a reduced carbon intensity of 37% across its fleet and is significantly ahead of the global IMO 2030-target of 40% reduction. —Andreas Enger.

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Global Bioenergies reports successful production of isobutene by fermentation in industrial pilot

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Audi partner Global Bioenergies (GBE) has successfully carried out its first isobutene production trial at its industrial pilot site in Pomacle-Bazancourt. A production run was initiated on 3 November, resulting in the first production of isobutene—a gaseous hydrocarbon—by fermentation in an industrial environment.

Global 218
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Market Update: How Battery Pack Costs Declined Since 2008

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The US Department of Energy’s Vehicle Technologies Office reported a remarkable 89% decrease in the cost of electric vehicle lithium-ion battery packs between 2008 and 2022. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh. But that doesn’t mean prices are set in stone.

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Lucintel forecasts global automotive sensors industry to reach approximately $18.8B in 2017; 9.3% CAGR

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Lucintel, a mass transportation consulting and market research firm, forecasts that the global automotive sensors industry will reach approximately $18.8 The global automotive sensor industry is characterized by increasing electronic content in vehicles, shaping optimistic growth trends for 2012-2017 for power train and safety sensors.

2017 225