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BP Energy Outlook: 30% growth in global demand to 2035; fuel demand continues to rise, even with EVs & fuel efficiency

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The 2017 edition of the BP Energy Outlook , published today, forecasts that global demand for energy will increase by around 30% between 2015 and 2035, an average growth of 1.3% billion cars in 2015 to 1.8 Natural gas grows more quickly than either oil or coal over the Outlook, with demand growing an average 1.6% BP Outlook.

Global 150
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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

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Ichthys will provide a long-term stable supply of cleaner energy to. interest alongside Santos, Petronas and Kogas in the GLNG Coal Seam Gas to LNG project launched in early 2011. First LNG will be delivered in 2015. Japan, and help Japan diversify its energy sources. —INPEX Chairman Naoki Kuroda. million tons per year.

Australia 210
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040. By 2040, natural gas is expected to account for more than a quarter of global energy use, surpassing coal in the overall mix.

Energy 252
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Under the central New Policies Scenario, automotive sales in non-OECD markets exceed those in the OECD by 2020, with the center of gravity of car manufacturing shifting to non-OECD countries before 2015. The use of coal—which met almost half of the increase in global energy demand over the last decade—rises 65% by 2035.

Oil 247