Green Car Congress

JUNE 12, 2014

However, the new forecast represents a slowing of future oil sands production growth compared to the predictions of last year’s forecast. According to CAPP’s 2014 Crude Oil Forecast, Markets and Transportation , total Canadian crude oil production will increase to 6.4 million barrels per day in 2013. In 2013, 1.9

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Oil-Sands Oil Production 2013 199

Green Car Congress

NOVEMBER 15, 2014

Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. Global oil demand is expected to increase by 37 percent by 2040, with a dominant proportion of that coming from developing countries—i.e. China and India.

Oil 257

Oil Iraq Oil-Sands Supplies 257

Green Car Congress

OCTOBER 28, 2015

Royal Dutch Shell plc will not continue construction of the 80,000 barrel per day Carmon Creek thermal in situ oil sands project located in Alberta, Canada. This decision reflects current uncertainties, including the lack of infrastructure to move Canadian crude oil to global commodity markets. This is forcing tough choices at Shell.

Oil-Sands 150

Oil-Sands Oil Re-Charge Oil Prices 150

Green Car Congress

OCTOBER 1, 2012

The cost associated with replacing a barrel of produced oil has risen from $6 per barrel in 1998 to $27 per barrel in 2011, according to Lux Research—an increase of 350%. Unconventional oil will be a key area of focus for producers. will be in the oil sands. Cost to replace each barrel of oil produced.

Oil 225

Oil Oil-Sands Cost Of Oil Prices 225

Green Car Congress

SEPTEMBER 2, 2015

If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.". James Crandell, a Cowen & Co. percent to $38.1 James Crandell, a Cowen & Co. percent to $38.1

Oil 150

Oil Saudi Arabia UAE 2015 150

Green Car Congress

APRIL 14, 2015

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. Tcf in the High Oil and Gas Resource case.

2020 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

AUGUST 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. With a bear market back, there is pessimism throughout the oil markets. Also, the ban on oil exports kept oil stuck within US borders.

Oil Prices 150

Oil Prices Oil United States North America 150

Green Car Congress

DECEMBER 4, 2016

BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Oil production is expected to begin in late 2021. Oil production is expected to begin in late 2021. In 2013, BP (operator, with 60.5% —Bob Dudley, BP Group Chief Executive.

Mexico 150

Mexico Chevron Oil Oil Prices 150

Green Car Congress

OCTOBER 6, 2017

million barrels of crude oil per day from Alberta and Saskatchewan to the refineries of Eastern Canada and a marine terminal in New Brunswick. Transcanada began the application process in 2013, when oil prices were substantially higher. The company has also faced unrelenting environmental opposition to the projects.

Energy 150

Energy Oil Prices Canada 2017 150

Green Car Congress

FEBRUARY 28, 2022

The bp board announced that bp will exit its shareholding in Rosneft, a Russian state-controlled oil and gas company. bp has held a 19.75% shareholding in Rosneft since 2013. Bob Dudley has been a director of Rosneft since 2013. We are also looking at how bp can support the wider humanitarian effort.

Russia 186

Russia Ukraine 2013 Financing 186

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

Oil 207

Oil Oil-Sands Fuel Economy Transportation 207

Green Car Congress

DECEMBER 16, 2013

Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 While domestic crude oil production is projected to level off and then slowly decline after 2020 in the Reference case, natural gas production grows steadily, with a 56% increase between 2012 and 2040, when production reaches 37.6

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

MAY 21, 2010

A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

Oil 220

Oil Climate Change Oil Prices 2005 220

Green Car Congress

DECEMBER 2, 2014

The two companies launched the JV, SK Continental E-motion, in January 2013, with the mission of developing, producing and distributing lithium-ion based battery systems for cars and light commercial vehicles. Earlier post.). SK Innovation had a 51% stake while Continental owned 49%. billion won (US$13.87

Li-ion 244

Li-ion Lithium Ion Oil Prices 2013 244

Green Car Congress

FEBRUARY 8, 2018

However, the study found that the growth of CO 2 emissions by 2030 would only be 1-5% lower than if subsidies had been maintained, regardless of whether oil prices are low or high. First, these subsidies generally apply only to oil, gas, and electricity. This is facilitated by today’s low oil prices.

Emissions 186

Emissions Fuel CO2 Oil 186

Green Car Congress

JULY 25, 2013

The US Energy Information Administration’s (EIA’s) International Energy Outlook 2013 (IEO2013) projects that world energy consumption will grow by 56% between 2010 and 2040, from 524 quadrillion British thermal units (Btu) to 820 quadrillion Btu. World energy consumption by fuel type, 2010-2040. Source: IEO2013. Click to enlarge.

2010 317

2010 Transportation Fuel Energy 317

Green Car Congress

JUNE 19, 2012

The new gas engine runs on liquefied natural gas rather than heavy crude oil and has a maximum power output of 13,000 bhp (9,694 kW). Due to high oil prices and strengthening regulations on emissions, the demand for gas engines is increasing. Test run of Hyundai Heavy’s Gas Engine HiMSEN H35/40GV. Click to enlarge.

Hyundai 240

Hyundai Engine South Korea Oil Prices 240

Green Car Congress

DECEMBER 5, 2012

The US Energy Information Administration released its Annual Energy Outlook 2013 (AEO2013) Reference case (the Early Release ), which highlights a growth in total US energy production that exceeds growth in total US energy consumption through 2040. Domestic oil production will rise to 7.5 Transportation sector gasoline demand declines.

Fuel 225

Fuel Energy Sale 2013 225

Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

FEBRUARY 5, 2014

In a new report, “ Biofuels for Transportation Market s”, Navigant Research forecasts that global demand for biofuels in the road transportation sector will grow from representing almost 6% of the liquid fuels market in 2013 to roughly 8% by 2022. billion gallons per year (BGPY) in 2013 to more than 51.1 BGPY in 2013 to almost 12.2

Global 231

Global Market Fuel Brazil 231

Green Car Congress

SEPTEMBER 7, 2012

The plant design is expected to be complete by the end of 2012, with site specific engineering and a decision to begin fabrication occurring in the first half of 2013. Calumet intends to provide the majority, if not all of the funding for this project, and to start production in the second half of 2014.

Supplies 225

Supplies Commercial North America Pennsylvania 225

Green Car Congress

JUNE 17, 2015

The fallout of the collapse in oil prices has a lot of side effects apart from the decline of rig counts and oil flows. Williston is coping with $300 million in debt after having leveraged itself to buildup infrastructure to deal with the swelling of people and equipment heading for the oil patch.

North Dakota 150

North Dakota Montana Las Vegas Oil 150

Green Car Congress

OCTOBER 22, 2015

from 2013 to 2014. In 2013 this number rose to 149, and reached 150 in 2014. years old, weighted by passenger-miles flown) than in 2013, while previous years showed an aging fleet. Commercial aircraft accounted for 11% of greenhouse gas (GHG) emissions from the US transportation sector in 2013.

Alaska 150

Alaska Fuel 2014 2013 150

Green Car Congress

JANUARY 6, 2022

More than 65 million metric tons per annum (MMtpa) of firm, long-term contracts were signed in 2021, surpassing the previous record of 61 MMtpa in 2013. However, by August both Asian and European spot LNG prices climbed well above their oil price equivalent and remained above it for the rest of the year.

Qatar 186

Qatar China United States Brazil 186

Green Car Congress

OCTOBER 6, 2015

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. mmbbl/day) in 2013.

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

NOVEMBER 13, 2013

The newly released 2013 edition of the IEA World Energy Outlook (WEO) depicts a world in which some long-held tenets of the energy sector are being rewritten; importers are becoming exporters, while exporters are among the major sources of growing demand. —WEO-2013. Oil use grows, but in a narrowing set of markets.

Oil 275

Oil 2013 Energy Emissions 275

Green Car Congress

MAY 22, 2013

The authors presented three process models for production of renewable aviation fuel from microalgae, Pongamia pinnata seeds and sugarcane molasses to produce a minimum selling price for aviation biofuel. Pongamia pinnata is a legume tree which produces a seed rich in oil.) Klein-Marcuschamer, D., Dietzgen, R. Gresshoff, P. Heimann, K.,

Renewable 186

Renewable Fuel Australia Oil 186

Green Car Congress

FEBRUARY 23, 2017

After completing a re-assessment of energy use for a broad range of countries for the period 2013-14, EIA updated its historical data, with the largest changes occurring in China and other non-OECD countries. MTG units involve high capital costs and are only cost-competitive when oil prices are high.

2000 150

2000 2016 Fuel China 150

Green Car Congress

FEBRUARY 19, 2015

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. The industry did not log a single “giant” oil field.

Oil Prices 150

Oil Prices Oil Price Iraq 150

Green Car Congress

MARCH 2, 2013

The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.

Climate Change 250

Climate Change Oil-Sands Nebraska Climate 250

Green Car Congress

JULY 4, 2013

The horizontal red lines show the comparable price of gasoline (before tax, refining margin 0.3 $/gal, exchange rate: 1 € = 1.326 $) with crude oil prices 100 $/bbl and 150 $/bbl. 2013) Liquid transportation fuels via large-scale fluidised-bed gasification of lignocellulosic biomass. Source: VTT. 0.7 €/liter (app.

Carbon 218

Carbon Fuel Finland Gasoline 218

Green Car Congress

FEBRUARY 3, 2015

There was a stark change in 2014 South America automotive demand compared to 2013, when monthly sales broke the 500,000 unit mark seven times. In Europe, the crisis in Russia could offset the boon of lower fuel prices for Europe’s car buyers and even the new QE boost from the ECB. million units. South America.

2015 150

2015 Light Market Global 150

Green Car Congress

JULY 4, 2009

New Small Family ( earlier post ) in 2013. Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. Martin Winterkorn.

2013 150

2013 Companies Gas-Electric Recharge 150

Green Car Congress

MAY 22, 2013

The Q1 2013 index (top) shows that the 7 top automotive nations have seen their competitive positions shift since 2012 (bottom). —Roland Berger E-mobility index for Q1 2013. Extracting oil by fracking could stabilize the oil price over the next few years. Source: Roland Berger. Click to enlarge.

South Korea 239

South Korea Sale France Plug-in 239

Green Car Congress

JANUARY 17, 2015

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. —Adnan Z. Amin, Director-General of IRENA. Source: IRENA.

Renewable 150

Renewable Parts Power Powered 150

Green Car Congress

DECEMBER 22, 2013

In addition, the industry faces barriers from the impending “blend wall” of 10% ethanol in gasoline and uncertainty regarding policies and oil prices. Environmental Protection Agency drastically lowering the amount of cellulosic biofuel that must be blended into gasoline and diesel each year. —Miller et al.

Tax 262

Tax Tax Credit Industrial Industry 262

Green Car Congress

FEBRUARY 13, 2011

That estimate puts a total of 496,000 plug-in electric vehicles on US roads in 2015, with annual sales of 27,000 for 2011; 77,000 for 2012; 116,000 for 2013; 136,000 for 2014; and 140,000 for 2015. The study uses hybrid vehicle sales in each of the 50 states as a proxy for.

2015 236

2015 Electric Vehicles Vehicles Sale 236