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China processed record amounts of crude oil in 2021 to meet rising domestic consumption of petroleum products, according to analysis by the US Energy Information Administration (EIA). According to China’s National Bureau of Statistics, China processed a record 14 million barrels per day (b/d) of crude oil in 2021, a 4.6%
The average US household will spend about $550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years, according to projections by the US Energy Information Administration (EIA). Gasoline prices are forecast to go even lower in 2015.
The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s latest forecast. OPEC’s monthly report said demand for the cartel’s oil will fall to 28.9 Abhishek Deshpande, an oil market analyst at Natixis, agreed.
Neste Oil has decided to build an isomerization unit at its Porvoo refinery. The investment, valued at approximately €65 million (US$88 million), is intended to increase the output of high-octane gasoline and improve refining flexibility at the site. The isomerization unit will have a capacity of 600,000 t/a.
The national average is 4,815 pounds (2,184 kg) of CO 2 -equivalent emissions for a typical EV per year as compared to the average gasoline-powered car which produces 11,435 pounds (5,187 kg) of CO 2 -equivalent emissions annually. Annual well-to-wheel emissions from a typical ev by state, 2015. Source: DOE. Click to enlarge.
FCA also plans to consolidate its small gasoline engine lineup with a new family to be launched in 2015. Much more progress will come as gasoline and diesel engine technologies converge. FCA will start the global roll out of a new small gasoline engine family in 2015 which incorporates these new and emerging technologies.
Transportation fuel mix in millions of oil-equivalent barrels through 2020. Diesel will surpass gasoline as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040, according to ExxonMobil’s recently published Outlook For Energy: A View To 2040. Source: ExxonMobil Outlook. Click to enlarge.
The cleantech market intelligence firm forecasts that the number of NGVs on the road worldwide will grow to 17 million vehicles by 2015, up from 9.7 to reach just more than 3 million vehicles (including conversions) by 2015. NGVs have substantially lower GHG, CO 2 , and NO x than gasoline or diesel. between 2008 and 2015.
Neste Oil and St1 have begun working together on a fuel project as part of the TransEco development program coordinated by VTT Technical Research Centre of Finland. Simo Honkanen, Senior Vice President, Sustainability and HSSE, Neste Oil.
The technology is planned to launch with a major global automaker on diesel and gasoline applications in 2015. Using the existing torsional energy in the valve train, CTA phasers actuate more quickly, use less engine oil and operate under a wider range of engine speeds and temperatures than conventional VCT systems.
US regular retail gasoline prices averaged $2.72 However, a rapid price decline beginning in October led to US average regular gasoline prices ending the year lower than they began for the first time since 2015, according to the US Energy Information Administration (EIA). gal at least once in 2018. gal to $2.91/gal
An executive at Sinopec’s institute for economic and technology research predicted that China’s oil demand will increase by up to one third by 2015 as car ownership grows fast from its current low base. Demand could hit 500 million-530 million tonnes by 2015 and 570 million-620 million tonnes by 2020, he told a conference in Beijing.
2015 Chevrolet CNG-Capable, Bi-Fuel Impala. General Motors will build a Chevrolet Impala sedan for retail and fleet customers that operates on either gasoline or compressed natural gas (CNG), GM Chairman and CEO Dan Akerson announced today. Click to enlarge. Total range is expected to be up to 500 miles (805 km). Click to enlarge.
In an interview with the Nikkei, Shinji Nishio, president of Nippon Oil Corp., said that gas stations will transform into providers of electricity and hydrogen, in addition to gasoline. Such vehicles may expand at an enormous rate from around 2015. But in the medium term, electric vehicles will have an inevitable impact.
Transforming agricultural residues into next-generation ethanol and biochemicals could create up to one million jobs in the EU27 by 2020, while theoretically replacing up to 62% of the EU’s forecast fossil-based gasoline consumption, according to a new study released by Bloomberg New Energy Finance with the support of Novozymes and DSM.
Ford’s MY 2015 F-Series Super Duty heavy-duty pickup trucks feature engine and chassis upgrades that together deliver best-in-class horsepower, torque and towing capacity. The new engine will also be featured on the MY 2016 F-650 and F-750 medium-duty trucks, available in spring 2015. V-10 gasoline engine. “ F-Series Super Duty.
2015 Mirage ES. The 2015 Mitsubishi Mirage is currently the most fuel-efficient non-hybrid gasoline car in the US, with combined EPA rating of 40 mpg (5.88 The 2015 Mirage is priced with a low starting MSRP of $12,995. An output-optimized engine oil pump circulates lower viscosity engine oil (0W-20 grade).
Nacero has licensed Topsoe TIGAS (Topsoe Improved Gasoline Synthesis) technology for its multi-billion USD natural-gas-to-gasoline facility in Penwell, Texas to produce 100,000 barrels per day of gasoline component ready for blending into US commercial grades. The captured CO 2 will be used for enhanced oil recovery.
US regular retail gasoline prices averaged $2.41 per gallon in 2017, 27 cents/gal (13%) higher than in 2016, but two cents/gal less than in 2015, according to the US Energy Information Administration (EIA). Higher crude oil prices in 2017 contributed to higher gasoline prices. gal at some point in the year.
88.49%) of gasoline-range hydrocarbons. The researchers applied a central composite experimental design (CCD) to investigate the effects of catalytic temperature and reactant to catalyst ratio on the pyrolysis-oils composition and to achieve the maximum liquid yield. was at 450 °C and reactant to catalyst ratio of 2. 2014.12.013.
Toyota Motor Corporation has developed a new series of fuel-efficient gasoline engines that achieve improved thermal efficiency. The engines will be used in models scheduled for partial redesign in the near future; a total of 14 new engine variations will be introduced globally by 2015. Click to enlarge. One of the engines is a 1.3-liter
Consumption of gasoline in China grew from 0.9 Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. China vehicle sales and gasoline consumption. l/100 km) by 2015 and 47 miles per gallon (5.0 Source: EIA. Click to enlarge. l/100 km) by 2020.
Neste Oil has applied for patents to cover technology developed to produce microbial oil from waste and residues with the help of various yeasts and molds for use as a feedstock for its NExBTL renewable diesel. Microbial oil produced in this way has already been successfully refined into NExBTL renewable diesel. Earlier post.).
” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. gallon gasoline. Click to enlarge. Click to enlarge.
A team at South China University of Technology has developed a one-pot process to convert the diesel distillate and residual oil fractions in bio-oil into high-quality fuels by catalytic hydrocracking with combined CoMoS/Al 2 O 3 and HZSM-5 catalysts. A paper on their process is published in the journal Fuel. 2015.05.002. 2015.05.002.
Maximum gasoline sulfur limits. A trio of European countries and one from South America made major strides in reducing their levels of sulfur content in gasoline, allowing them to advance in the annual global ranking published by Hart Energy’s International Fuel Quality Center (IFQC). Sulfur is found naturally in crude oil.
one of the world leaders in algae-based “Green Crude” oil production, and Phillips 66, an integrated energy manufacturing and logistics company, have entered a strategic joint development agreement aimed at taking production of algae crude oil a significant step toward commercialization. San Diego-based Sapphire Energy, Inc.,
In a new, comprehensive study, a team from Argonne National Laboratory, Stanford University and UC Davis ITS has estimated the well-to-wheels (WTW) GHG emissions of US production of gasoline and diesel sourced from Canadian oil sands. g CO 2 e/MJ for US conventional crude oil recovery. This range can be compared to ∼4.4
Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets.
Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.
A study by a team at the University Putra Malaysia concluded that the gasification of empty fruit bunch (EFB), a waste of the palm oil industry, could, if scaled up, produce hydrogen at a supply cost of $2.11/kg The US Department of Energy (DOE) 2015 cost target for hydrogen is $2.00-$3.00/kg The feedstock particle size of 0.3–0.5
Thirteen Japanese companies, led by Nippon Oil, have formed a research alliance focused on commercializing technologies for supplying hydrogen to fuel cell vehicles by 2015. Cosmo Oil Co. Other companies currently in the alliance include Idemitsu Kosan Co., Iwatani International Corporation; Osaka Gas Co., Saibu Gas Co.,
In a notice to be published in the Federal Register , the agency said that it intends to take action on the 2014 standards rule in 2015 prior to or in conjunction with action on the 2015 standards rule. Nearly all gasoline sold in the US is now E10 (10% ethanol). Earlier post.). billion gallons.
Total motor gasoline deliveries, a measure of consumer gasoline demand, rose 1.4% from January 2015 to average 8.8 compared with January 2015. Crude oil production decreased 1.4% from January 2015 to average 9.2 Crude oil imports increased 8% from January 2015 to 7.7 from January 2015.
Total motor gasoline deliveries—a measure of consumer gasoline demand—in the US in July moved up 2.4% from July 2015 to average nearly 9.7 Compared with June 2016, total motor gasoline deliveries increased 0.3%. For year-to-date, total motor gasoline deliveries increased 2.5% million barrels per day.
Cleantech research firm Pike Research forecasts growth in natural gas vehicles (NGV) on the road worldwide to 17 million units by 2015, up from 9.7 to reach just over 3 million vehicles (including conversions) by 2015. between 2008 and 2015. million in 2008. Pike expects the CAGR for US NGV sales to be 17.7% Energy security.
Despite a number of key issues such as land use and competition for feedstocks supplies for traditional food and feed uses, global use of biofuels is excepted to more than double from 2009 to 2015, according to a new global analysis released by Hart Energy Publishing’s Global Biofuels Center (GBC). billion gallons).
from September 2015, but were down 2.6% Gasoline deliveries in September were up from the prior year, the prior year’s third quarter, and the prior year to date, but were down from the prior month. Total motor gasoline deliveries, a measure of consumer gasoline demand, moved up 1.1% from September 2015 to nearly 9.4
Peugeot is targeting average CO 2 emissions of 116 g/km in 2015. To achieve this, several approaches are used: the diesel-electric hybrids (HYbrid4 technology), reducing the weight of vehicles, a new generation of 3-cylinder gasoline engines, and second-generation eHDi Stop&Start. HDi and 1.6
announced a partnership for the design, construction, and operation of a Biofuels ISOCONVERSION Process (BIC) demonstration system using the ARA and Chevron Lummus Global (CLG) process for the production of certification quantities of 100% drop-in renewable jet, diesel, and gasoline. (ARA) and Blue Sun Energy, Inc. Earlier post.).
Shale oil production generates greenhouse gas emissions at levels similar to conventional crude oil production, according to a pair of new studies released by the US Department of Energy’s Argonne National Laboratory. These are shale formations with low permeability and must be hydraulically fractured to produce oil and gas.
A new catalytic method for converting algal oil to gasoline- or jet-fuel-range hydrocarbons has been developed by the research group of Prof. Branched hydrocarbons are good components for gasoline and jet fuels because of the high octane number, low freezing point and good stability. Click to enlarge. Watanabe, H., Nakagawa, Y.
For a current standard mid-sized gasoline ICE (internal combustion engine) vehicle, the embedded carbon in production will be around 5.6tCO 2 e, around three quarters of which is the steel in the vehicle glider. Standard gasoline vehicle. —Greg Archer, LowCVP Managing Director. tonnes CO 2e ) Proportion of. emissions in.
Lower crude oil prices and strong demand for petroleum products, primarily gasoline, both in the United States and globally, have led to favorable margins that encourage refinery investment and high refinery runs. Since May 20, Gulf Coast gasoline crack spreads have averaged 17 cents/gal higher than for distillate crack spreads.
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