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Benchmark: Saudi Arabia is building an EV battery supply chain

Green Car Congress

Saudi Arabia’s ambitions for an EV supply chain are part of the diversification of the national economy away from oil, a project guided by the government’s Vision 2030 reform plan announced in 2016. Rabigh Refining & Petrochemical Company will supply feedstock in the form of decant oil.

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Argonne releases new cradle-to-grave lifecycle analysis of US LDV vehicle-fuel pathways

Green Car Congress

This analysis builds on a previous comprehensive life cycle analysis, updating that study’s 2016 assumptions and methods. By far the largest and the most consequential change in the input assumptions between the 2016 study and this current update is in battery costs for BEVs.

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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

Green Car Congress

Chevron Corporation announced a $32.7 Included in the 2012 program are $3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. First production is expected in 2016. Additional investments are expected to be funded by Chevron affiliates.

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euglena planning commercial production of biojet and renewable diesel from algae in Japan

Green Car Congress

The company will build Japan’s first demonstration plant for the production of biojet/biodiesel fuels in Yokohama, with operations planned to begin in 2018. In June 2015, the company signed a Technology License Agreement for the ISOCONVERSION process with Chevron Lummus Global and Applied Research Associates (ARA).

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GlobalData: best performing wells in Permian break-even at as low as US$22 per barrel

Green Car Congress

During the last three years, companies operating in the Permian basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. On 25 June, the price of a 42-gallon barrel of West Texas Intermediate Crude (WTI) was $68.08.

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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. The Vaca Muerta has attracted companies from around the world, including ExxonMobil, Chevron, Royal Dutch Shell and Gazprom. YPF will trim another 25 percent from its budget for 2016.

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Disneyland will remake its Autopia around EVs in 2026

Baua Electric

Honda might have issue with the term “smog-spewing,” as it noted to Green Car Reports that when it began its sponsorship of Autopia in 2016 it replaced existing engines at the attraction with more efficient Honda iGX270 engines. Since 2016, the attraction has been sponsored by Honda. EV production.