Green Car Congress

JANUARY 1, 2010

Venezuela state-owned PDVSA and Italy-based Eni are finalizing a planned 60:40 joint venture to produce heavy crude oil in Junin Block 5 in the Orinoco Oil Belt in Venezuela in 2014. Junin 5 is located in the Orinoco Oil Belt, specifically between Guarico and Anzoategui states. Click to enlarge.

Venezuela 186

Venezuela Oil Oil-Sands 2009 186

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.

Oil 150

Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

JANUARY 19, 2011

Natural gas is projected to be the fastest growing fossil fuel, and coal and oil are likely to lose market share as all fossil fuels experience lower growth rates. OECD oil demand peaked in 2005 and in 2030 is projected to be roughly back at its level in 1990. Oil, excluding bio-fuels, will grow relatively slowly at 0.6%

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

MAY 27, 2009

World marketed energy consumption is projected to grow by 44% between 2006 and 2030, driven by strong long-term economic growth in the developing nations of the world, according to the reference case projection from the International Energy Outlook 2009 ( IEO2009 ) released today by the US Energy Information Administration (EIA).

2006 150

2006 Emissions Energy Oil-Sands 150

Green Car Congress

DECEMBER 10, 2014

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. The Outlook for Energy identifies a significant evolution in the trade of oil and other liquids. Forecasts Fuel Efficiency Fuels Market Background Oil' —Outlook.

Energy 252

Energy Global 2010 Oil-Sands 252

Green Car Congress

SEPTEMBER 18, 2015

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. percent in August 2015.

Oil 150

Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

SEPTEMBER 10, 2014

World petroleum and other liquid fuels consumption will increase 38% by 2040, spurred by increased demand in the developing Asia and Middle East, according to the Reference Case projections in International Energy Outlook 2014 ( IEO2014 ), released by the US Energy Information Administration (EIA). oil sands, either diluted or upgraded).

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

MARCH 5, 2015

Oil and gas operations in the United States produce about 21 billion barrels of wastewater per year, with accompanying disposal costs of about $5 billion per year. The internal potential generated between the anode and the cathode drives additional salt removal, and the energy can be harvested for electricity and chemical production.

Oil 150

Oil Gas Oil-Sands Water 150

Green Car Congress

AUGUST 29, 2013

Key advances for Gen 3 are in weight reduction, friction reduction, and the internal exhaust cooling system. to conform to future emissions standards, particularly the stringent EU6 standard which will be mandatory in Europe in 2015. One of the keys to this improved performance and fuel economy is the reduction of internal friction.

2014 331

2014 Engine Exhaust Fuel Economy 331