Green Car Congress

APRIL 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

OCTOBER 2, 2019

Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

Oil 199

Oil Gas Oil Prices Water 199

Green Car Congress

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices. — Mad Max: Beyond Thunderdome. and $65.65

Russia 150

Russia Saudi Arabia Oil Market 150

Green Car Congress

OCTOBER 7, 2014

Despite the decision to de-emphasize microbial oil, Neste Oil emphasized that cellulosic waste will continue to play an important role in its research strategy, adding that it remains committed to its goal of further extending its feedstock base and making greater use of waste and residues in this area in particular.

Oil 310

Oil Renewable Diesel Waste 310

Green Car Congress

APRIL 15, 2015

Algal oil company Solazyme and Flotek Industries announced that the companies and certain subsidiaries have entered into agreements to globally commercialize Flocapso, an innovative, advanced drilling fluid additive. Winner of the Presidential Green Chemistry Challenge Award, Solazyme launched Encapso in early 2014.

Industrial 150

Industrial Industry Market Oil 150

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

DECEMBER 24, 2013

Kinder Morgan Energy Partners L.P.and Imperial Oil formed a 50-50 joint venture to build a crude oil rail-loading facility in Strathcona County, Alberta, called the Edmonton Rail Terminal. Accessing new and existing markets is critical for our continued growth and responsible development of Canada’s oil sands.

Oil 231

Oil Oil-Sands Building Connect 231

Green Car Congress

MARCH 3, 2017

The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. The collapse of oil prices forced the majors to slash spending on exploration, cut employees, defer projects, and look for efficiencies. by Nick Cunningham of Oilprice.com.

Oil 150

Oil 2011 Oil Prices Chevron 150

Green Car Congress

DECEMBER 14, 2016

Novvi’s renewable products and technology are recognized by the global lubricant market to deliver sustainable, high-performance solutions in a range of lubricant applications. Chevron is a leading manufacturer of premium base oils and one of the world’s largest suppliers of finished lubricants.

Chevron 150

Chevron Oil Renewable USA 150

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 CAPP forecast. Click to enlarge. In 2013, 1.9

Oil-Sands 199

Oil-Sands Oil Production 2013 199

Green Car Congress

APRIL 30, 2020

California is the seventh-largest oil-producing state in the US. The state’s crude oil production in 2018 was approximately 162 million barrels—mainly from onshore wells—down from 174 million barrels in 2017 and a recent high of 205 million barrels in 2014.

Oil 150

Oil California Gas Production 150

Green Car Congress

NOVEMBER 21, 2014

The US Environmental Protection Agency (EPA) will not finalize the 2014 applicable percentage standards (the 2014 Renewable Volume Obligations, RVOs) under the Renewable Fuel Standard (RFS) program until sometime next year. The industry needs a final rule that is legally appropriate and continues to support our efforts.

2014 225

2014 EPA Standards 2015 225

Green Car Congress

DECEMBER 30, 2015

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. mb/d for 2035 to 2040.

Oil Prices 150

Oil Prices Oil Price Climate Change 150

Green Car Congress

FEBRUARY 20, 2014

The ECO-H System is a patent-pending Hybrid Power Management System for the oil and gas industry developed by ECO-H Technologies and distributed by Tesco Corporation. The contract allows Saft to be an integral part of a first-to-market hybrid genset and battery system.

Li-ion 218

Li-ion Oil Gas Industrial 218

Green Car Congress

APRIL 15, 2017

shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. In recent years, U.S. shale output.

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

JANUARY 8, 2014

During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. Selling in new markets will also be a test for Tesla.

2014 346

2014 Global Sale Motorcycles 346

Green Car Congress

OCTOBER 16, 2021

Eni has been producing Hydrotreated Vegetable Oil (HVO) biofuel in its Venice and Gela bio-refineries since 2014 via its proprietary Ecofoning technology; it can also produce sustainable aviation fuels (SAF) from waste and plant-based raw materials using the same technology. Eni plans to double its current bio-refining capacity of 1.1

Production 417

Production Fuel Waste Oil 417

Green Car Congress

DECEMBER 15, 2015

The US Energy Information Administration (EIA) continues to expand its assessment of technically recoverable shale oil and shale natural gas resources around the world. Each of the countries has an existing oil and natural gas industry with infrastructure connecting the basins to global markets. Bcf/d from 2005 to 2014.

United Arab Emirates 150

United Arab Emirates Oman Oil UAE 150

Green Car Congress

SEPTEMBER 2, 2015

The first quote modifies a GEICO commercial describing a free-range chicken (If you’re a free range chicken, you roam free, that’s what you do), the second, the famous John Maynard Keynes quote about markets (The market can stay irrational longer than you can stay solvent), the third, another famous Keynes quote (In the long run, we’re all dead).

Oil 150

Oil Saudi Arabia UAE 2015 150

Green Car Congress

NOVEMBER 15, 2012

Separately, Solazyme and Archer-Daniels-Midland Company, a leading global agricultural processor, signed strategic collaboration, manufacturing and market development agreements in which Solazyme and ADM will produce Solazyme’s tailored algal oils in ADM’s advanced fermentation plant at Clinton, Iowa. Solazyme, Inc., Earlier post.).

Oil 239

Oil Renewable Brazil Production 239

Green Car Congress

MARCH 13, 2016

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. per million Btu (MMBtu).

Argentina 150

Argentina Oil Oil Prices Chevron 150

Green Car Congress

MARCH 27, 2014

Volvo Trucks’ 2014 heavy-duty engines are providing greater fuel efficiency than anticipated, delivering up to a 3% fuel efficiency improvement compared with their 2013 counterparts, according to the company. —Göran Nyberg, president, Volvo Trucks North American Sales & Marketing. Every drop counts. downspeeding.”.

Volvo 246

Volvo 2014 2013 Engine 246

Green Car Congress

MARCH 13, 2013

After the gas oil is cracked via the catalyst, the resulting effluent is separated based on various boiling points into several intermediate products, including butane and lighter hydrocarbons, gasoline, light gas oil, heavy gas oil, and clarified slurry oil.

Oil 210

Oil Oil-Sands Germany Market 210

Green Car Congress

NOVEMBER 15, 2013

The US Environmental Protection Agency (EPA) is proposing a reduction in the cellulosic biofuel and total renewable fuel standards (RFS) for 2014. This reflects EPA’s current estimate of the amount of cellulosic biofuel that will actually be produced in 2014, but EPA will consider public comments before setting the final cellulosic standard.

2014 255

2014 EPA Renewable Standards 255

Green Car Congress

APRIL 25, 2014

Novozymes reported that sales of its enzymes to the bioenergy industry increased by 34% in Q1, driven by three enzymes that promise to improve profits for producers of corn ethanol: Avantec, Spirizyme Achieve and Olexa. —Niels Miles Frandsen, Marketing Director for Bioenergy at Novozymes. The enzymes give our customers a choice.

Industrial 199

Industrial Industry Sale Oil 199

Green Car Congress

JANUARY 31, 2016

The global fuel cell market in the automotive industry is set to grow at a rapid CAGR of more than 45% (in terms of unit shipments) through 2019, according to a new report by global technology research and advisory company Technavio. The fuel cell market in the automotive industry is dominated by APAC. Sayani Roy.

2019 150

2019 Market Fuel Hydrogen 150

Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. Now a prevailing sense that oil prices may stay lower for longer has hit the markets. In other words, oil traders are now feeling much gloomier about oil prices several years out than they were at the beginning of 2015.

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

JULY 9, 2016

In an industry where anything could happen, surprises—often unwelcome—are hard to come by. Oil is exactly such an industry at the moment. No one is sure where oil is heading, near-tem forecasts range from $20 to $80 per barrel by the end of the year, and there are just too many wild cards on the scene.

Oil 150

Oil Oil Prices Price 2016 150

Green Car Congress

MARCH 11, 2015

Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.

Oil Prices 150

Oil Prices Oil Price South Africa 150

Green Car Congress

MARCH 13, 2015

Therefore, the 2014/2015 drop has accounted for at least $50 billion in your pocket and mine. Columbia and Associate Director of the Maguire Energy Institute at the Cox School of Business at Southern Methodist University in Dallas says it has: “No question we’re seeing the effects of lower oil prices throughout the economy.”.

Oil Prices 150

Oil Prices Oil Price Dallas 150

Green Car Congress

NOVEMBER 14, 2022

to 1.9%) in 2022 as the COVID recovery continues amidst turmoil in energy markets. Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. Turmoil in energy markets. The turmoil in the global energy markets is affecting the different fossil fuels in different ways. increase in 2021.

Global 221

Global Emissions Carbon Coal 221

Green Car Congress

NOVEMBER 10, 2014

Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Less active oil majors in this space include ExxonMobil and ConocoPhillips.

Alternative Fuels 225

Alternative Fuels Oil Chevron Fuel 225

Green Car Congress

NOVEMBER 19, 2016

Release of the Proposed Final Program, along with the accompanying Final Programmatic Environmental Impact Statement, is one of the final steps in a multi-year process that was initiated in June 2014 to develop a final offshore leasing program for 2017-2022. The vast majority of US offshore oil production occurs in the Gulf of Mexico.

Mexico 150

Mexico 2017 Oil Gas 150

Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA).

Oil 255

Oil Oil-Sands Global Oil Prices 255

Green Car Congress

AUGUST 1, 2013

The conclusion of the successful open season confirmed strong market support for a pipeline with approximately 900,000 bbl/d of firm, long-term contracts to transport crude oil from the oil sands area in Western Canada to Eastern Canadian refineries and export terminals. TransCanada Corporation is moving forward with the 1.1

Canada 207

Canada Oil Oil-Sands Energy 207

Green Car Congress

SEPTEMBER 2, 2022

As the US moves to decarbonize diverse industries, including shipping, we will have to explore and understand novel applications of technologies like nuclear and hydrogen production. UK-based Core Power was formed in 2018 to pave the way for development and successful deployment of advanced reactor technologies for the maritime industries.

MIT 259

MIT Power Powered Energy 259

Green Car Congress

FEBRUARY 3, 2015

over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year. million, an increase of 2.4% North America. million units.

2015 150

2015 Light Market Global 150