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Petrobras and Galp to Form Biofuels Joint Venture in Portugal

Green Car Congress

Petrobras and Galp Energia signed a cooperation agreement for a biofuels production project in Portugal. According to Petrobras Biocombustível CEO Miguel Rossetto, production is expected to start in Portugal in 2015. The project will be implemented via a parity joint venture yet to be formally constituted.

Portugal 186
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SUVs became the largest and fastest-growing automotive segment in 2015; up 22% from 2014

Green Car Congress

Global sales of SUVs surged 22% in 2015, supporting an overall increase in global sales of light vehicles of 1.7% in 2014-2015, according to data released by global market research company Euromonitor International. SUVs overtook lower medium cars to become the largest automotive segment in 2015, accounting for 22.9%

2015 150
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New cars in Europe in 2013 collectively met 2015 CO2 target two years ahead of the deadline

Green Car Congress

2015 target: 130 g CO 2 /km. The average CO 2 emissions level of a new car sold in 2013 was 127 g CO 2 /km; the target for 2015 was 130 g/km. Thus, in 2013 the European Union fleet already collectively met its legal target for 2015. 2020 target: 95 g CO 2 /km. Source: EEA. Click to enlarge.

2013 231
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Petrobras to invest US$2.5 billion in increasing biodiesel and ethanol production through 2015

Green Car Congress

billion in increasing biodiesel and ethanol production between 2011 and 2015. billion gallons US) in 2015, or a 12% national market share. Brazil’s Petrobras, through its wholly-owned subsidiary Petrobras Biocombustível, will invest US$2.5 This amount is part of $4.1 Together with partners, the goal is to reach a volume of 5.6

2015 247
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Petrobras Launches Two Palm Oil Projects; Biodiesel in State of Pará, Renewable Diesel with Galp in Portugal

Green Car Congress

The Belém project will produce around 250,000 tons of renewable diesel in Portugal, in partnership with Galp Energia, to supply the Iberian market. In late 2007, Galp licensed the UOP/Eni Ecofining catalytic hydroprocessing technology to produce renewable diesel fuel from vegetable oils.

Portugal 186
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New cars sold in Europe in 2011 were 3.3% more fuel efficient than those sold in 2010; increasing diesel uptake

Green Car Congress

In order to cut greenhouse gas emissions from transport, carmakers have a collective target for the average car sold in the EU to emit a maximum of 130g CO 2 /km by 2015 and 95g CO 2 /km by 2020. Last year the EEA reported that manufacturers had some distance to go to meet the 2015 target.

2010 231
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EEA: Fuel efficiency improvements of new cars in Europe slowed in 2016

Green Car Congress

g of CO 2 /km reduction (-1.2%) compared to 2015 constitutes the smallest annual improvement recorded over the last decade. million new passenger cars were registered—an increase of almost 7% compared to 2015. Around 64,000 pure battery-electric vehicles were registered in 2016, a 13% increase compared to sales of 57,000 in 2015.

2016 170