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.

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Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. by Nick Cunningham of Oilprice.com.

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Oil Supplies Market Oil Prices 150

Green Car Congress

AUGUST 2, 2013

The Canaport Energy East Marine Terminal will connect TransCanada’s Energy East Pipeline to an ice-free, deep water port. The Canaport Energy East Marine Terminal will connect TransCanada’s Energy East Pipeline to an ice-free, deep water port. —Paul Browning, President and CEO, Irving Oil.

Mariner 225

Mariner Oil Oil-Sands Energy 225

Green Car Congress

AUGUST 25, 2017

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

Oil Prices 170

Oil Prices Oil Industrial Industry 170

Green Car Congress

JANUARY 14, 2011

A coalition of 13 major Japanese automakers and energy companies—including Toyota, Honda and Nissan—are joining together to expand the introduction of hydrogen fuel cell vehicles (FCVs) in 2015 and develop the hydrogen supply network throughout Japan. Cosmo Oil Company, Ltd.; Click to enlarge.

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2015 Hydrogen Companies Fuel 285

Green Car Congress

MARCH 28, 2013

Suncor Energy is not proceeding with the Voyageur bitumen upgrader project in the Canadian oil sands. The oil market environment in the North America has changed significantly, Total notes. interest in the Fort Hills oil sands mining project operated by Suncor Energy. Total also owns a 39.2%

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Oil-Sands Oil Energy Canada 225

Green Car Congress

JANUARY 25, 2017

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% However, this growth in energy demand is significantly lower than the 3.4% Oil demand grows at an average rate of 0.7% billion by 2035.

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Global Fuel Energy Oil 150

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.

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Oil Oil-Sands Building Connect 231

Green Car Congress

MARCH 2, 2018

Crude palm oil is one of the more than ten renewable raw materials that Neste uses to produce a range of renewable products, including renewable diesel. Palm oil represents approximately 20% of Neste’s renewable raw material usage annually. Increased pressure is created as the belt passes over rollers which decrease in diameter.

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Oil Emissions Malaysia Indonesia 244

Green Car Congress

AUGUST 5, 2016

Under California’s Low Carbon Fuel Standard (LCFS), crude oil producers may generate credits for oil that has been produced using innovative methods and delivered to California refineries for processing. Seneca Resource Corporation (Seneca) has applied for LCFS credits for producing crude oil using solar generated electricity.

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Oil Solar California Chevron 150

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.

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Oil Prices Oil Price Climate Change 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.

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Global Emissions Carbon Coal 221

Green Car Congress

DECEMBER 30, 2013

Jun Qu, has developed a new group of ionic liquids as lubricant additives that could help improve the energy efficiency of cars and trucks. The prototype oil also successfully passed a 100-hour high-temperature, high-load engine dynamometer test. 1%) in nonpolar hydrocarbon oils. However, most ILs have little or no solubility (?1%)

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Fuel Economy Oil Economy Engine 369

Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy. m b/d thresh- old.

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Saudi Arabia Oil Production Climate 150

Green Car Congress

NOVEMBER 18, 2015

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

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Saudi Arabia Oil Europe Russia 150

Green Car Congress

APRIL 30, 2017

for the supply of liquefied natural gas (LNG) to fuel the first Aframax crude oil tankers in the world to be powered by LNG. They will be the first LNG-fuelled Aframax tankers and will operate primarily between the Baltic and Northern Europe transporting crude oil and petroleum products.

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Oil Fuel Mariner Russia 150

Green Car Congress

MARCH 13, 2015

Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 the end of January, according to gasbuddy.com.

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Oil Prices Oil Price Dallas 150

Green Car Congress

APRIL 17, 2017

US-based biotech startup Amfora and CSIRO (Commonwealth Scientific and Industrial Research Organisation, the federal government agency for scientific research in Australia) signed an agreement to advance development and commercialization of technology to produce oil in the leaves and stems of plants as well as the seeds. Source: CSIRO.

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Oil Production San Francisco Green 170

Green Car Congress

APRIL 23, 2022

Bridgestone believes guayule rubber has the potential to have a lasting economic impact, while reducing the energy and other environmental impacts associated with the transportation of rubber sourced overseas. Guayule creates up to 10 new industrial processing jobs per 1,000 acres of harvested crop.

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Arizona Nashville Indianapolis Renewable 447

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

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Oil 2016 Oil-Sands Global 150

Green Car Congress

SEPTEMBER 20, 2011

Unconventional liquids become increasingly important in the total supply of liquid fuels, according to IEO2011. The transportation sector accounted for 27% of total world delivered energy consumption in 2008, and transportation energy use increases by 1.4% Click to enlarge. per year from 2008 to 2035 in the reference case.

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Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

JANUARY 9, 2018

EST completely converts refinery residues, heavy oils and bitumen into high-quality light products, eliminating the production of both liquid and solid refinery residues (for example, pet-coke or fuel oil). Eni slurry technology: A new process for heavy oil upgrading.” “Eni slurry technology: A new process for heavy oil upgrading.”

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Oil Convert Light Oil-Sands 150

Green Car Congress

SEPTEMBER 7, 2017

It is funded by the state of Baden-Württemberg’s BWPLUS program and administered by the European Institute for Energy Research ( EIFER ). Steam electrolyzers ( earlier post ) are excellent for converting electrical energy into chemical energy. The electrolysis system is supplied by Dresden company Sunfire. Earlier post.).

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Hydrogen Solar Energy Water 250

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.

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2020 Energy Transportation Oil Prices 150

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. Both, it would seem, have incentive to do so, as each has lost over $100 billion in crude revenues in 2015—and Russia bears the extra burden of U.S. by Dalan McEndree for Oilprice.com. and $65.65

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Russia Saudi Arabia Oil Market 150

Green Car Congress

MARCH 24, 2016

Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. US oil production has steadily lost ground over the past two quarters, with production falling more than a half million barrels per day since hitting a peak at nearly 9.7 million barrels per day (mb/d) in April 2015.

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Oil Prices Oil Price North Dakota 150

Green Car Congress

DECEMBER 10, 2014

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. 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.

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Energy Global 2010 Oil-Sands 252

Green Car Congress

FEBRUARY 5, 2018

ExxonMobil’s newly released Outlook for Energy: A View to 2040 anticipates that global energy needs will rise about 25% over the period to 2040, led by non-OECD countries. While the mix shifts toward lower-carbon-intensive fuels, the world will need to pursue all economic energy sources, the report says. Source: ExxonMobil.

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Light Oil Fuel Vehicles 170

Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

JUNE 17, 2015

Exxon Mobil has started production at its Kearl oil sands expansion project in Alberta, Canada ahead of schedule; the expansion is expected to double overall capacity to 220,000 barrels of bitumen a day, with the expansion itself ultimately expected to reach 110,000 barrels per day. Kearl will access approximately 4.6 Earlier post.).

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Oil-Sands Oil Angola Nigeria 150

Green Car Congress

AUGUST 14, 2013

LanzaTech, a producer of low-carbon fuels and chemicals from waste gases, has partnered with the Centre for Advanced Bio-Energy, a joint venture between Indian Oil Corporation, Ltd. The Centre for Advanced Bio-Energy is working to increase the production yield of lipids (oils) by “feeding” acetates to microalgae.

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Waste Fuel India Energy 199

Green Car Congress

MAY 5, 2015

Novozymes will supply enzyme technology to a new biorefinery that will be built by St1 Biofuels in Kajaani, Finland. Construction is scheduled to begin in the second half of 2015, with production expected to start in 2016. The construction of the biorefinery supports Finland’s climate and energy strategy.

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Finland Supplies Norway Sweden 150

Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). The IEA said these changes will recast expectations about the role of different countries, regions and fuels in the global energy system over the coming decades.

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Global 2012 Energy Oil 225

Green Car Congress

OCTOBER 12, 2017

Pipelines and barges have accommodated major portions of the growth in domestic energy liquids and gases, and they have done so without major new safety problems and within the basic framework of their longstanding regulatory and safety assurance systems.

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Transportation Energy Oil 2005 150

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.

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Oil Oil-Sands Price Production 261

Green Car Congress

NOVEMBER 12, 2012

HHI’s independent LNG Fuel Gas Supply (FGSS), Hi-GAS system (Hyundai Integrated Gas Supply System) allows marine engines to use diesel and LNG for fuel. The Hi-Gas system can be used in all types of vessel such as LNG carriers, container ships, and oil tankers.

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Mariner Hyundai Gas Supplies 225

Green Car Congress

SEPTEMBER 11, 2014

These figures will be announced during the first quarter of 2015. Optifuel Lab 2 has 20 technologies on board, each one of which addresses the four main issues associated with consumption: energy management, aerodynamics, wheel resistance and driving aids. The more energy there is available at low cost, the more it will be used.

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2015 Vehicles Solar Waste 247