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IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

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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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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

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However, both cases result in global CO 2 emissions well above the IEA 450 scenario—a back-cast which illustrates what is required to stabilize greenhouse gas concentrations at 450 ppm. Between 2010 to 2030 the contribution to energy growth of renewables (solar, wind, geothermal and biofuels) is seen to increase from 5% to 18%.

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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. Across OECD nations, the Outlook assumes the implied cost of policies to reduce greenhouse gas emissions will reach about $80 per tonne in 2040.

Energy 252
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US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

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billion metric tons in 2015 and 40.4 The IEO2009 reference case does not include specific policies to limit greenhouse gas emissions. Total world energy use rises from 472 quadrillion British thermal units (Btu) in 2006 to 552 quadrillion Btu in 2015 and then to 678 quadrillion Btu in 2030. billion metric tons in 2006 to 33.1

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VW introducing 1.8L EA888 Gen 3 engine in 2014 Jetta, Passat and Beetle; driving impressions

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to conform to future emissions standards, particularly the stringent EU6 standard which will be mandatory in Europe in 2015. Other features include a new, lighter turbocharger/cylinder head assembly; the use of lightweight polymers for the oil pan, and use of aluminum for various screws and fasteners. MQB and MLB. l/100 km) for the 2.5-liter

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Opinion: Political Climate Shifting Against The Oil And Gas Industry

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Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. But the political and financial winds are moving in the wrong direction for the industry, raising more “above ground” problems at a time that they can ill-afford it. by Nick Cunningham of Oilprice.com.

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