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Strong Dollar Could Cap Oil Prices

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dollar poses an obstacle to further gains in oil prices. As Reuters points out , in dollar terms the price of Brent oil has climbed 9 percent this year, but in yuan terms oil is now nearly 14 percent more expensive. Argentina, Brazil, Turkey and South Africa have seen significant depreciations in their currencies this year.

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Ram introduces Doblò-based 2015 Ram ProMaster City van

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2015 Ram ProMaster City. Chrysler’s Ram brand introduced the 2015 Ram ProMaster City commercial van. The front-wheel drive 2015 Ram ProMaster City will be offered in two-seat cargo van and five-seat passenger wagon configurations and is powered by the 2.4-liter Click to enlarge. million units sold. liter Tigershark I-4.

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Navigant forecasts global road transportation energy consumption to increase 25% by 2035; 84% from conventional fuels

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Annual road transportation sector energy consumption by fuel type, world markets: 2015-2035. Markets for both vehicles and fuels have gradually begun to respond to these government programs, and alternative fuels are beginning to have an impact on global oil demand. Source: Navigant Research. Click to enlarge. Conventional fuels (e.g.,

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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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Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The OECD represents the developed economies. Outlook for Energy.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Additional highlights of the 9 th annual Global Trends in Renewable Energy Investment 2015 report include: China saw by far the biggest renewable energy investments in 2014—a record $83.3 billion, was up 36% on the previous year and came the closest ever to overhauling the total for developed economies, at $138.9

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Renault 2010 Environment Workshop, Part 1: Combustion Engine Technology and Product Plans

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dCi (type K9K) diesel is the brand’s best-selling engine with almost 900,000 units manufactured in 2009, in Valladolid (Spain) and Bursa (Turkey). Reduced transmission friction thanks to the use of low viscosity oils. Scheduled for launch in 2012, it is expected to account for 85% of Renault’s gasoline engine sales in 2015.