Green Car Congress

MAY 16, 2017

announced that its Universal Biofuels subsidiary has won a $6-million first contract to supply biodiesel to the India government-owned Oil Marketing Companies (OMC) in a public tender process. The OMC’s provide about 70% of the fuel consumed in India, and the diesel fuel market is growing at a rate of more than 5% per year.

India 150

India Oil Supplies Companies 150

Green Car Congress

JANUARY 24, 2020

Norway-based energy company Equinor has contracted with Eidesvik Offshore for the Viking Energy supply vessel, which is being retrofitted to make it capable of covering long distances fueled by carbon-free ammonia. The vessel will transport supplies to installations on the Norwegian continental shelf (NCS). The Viking Energy.

Supplies 395

Supplies Fuel Green 2003 395

Green Car Congress

OCTOBER 5, 2020

BASF will uptake most of the pyrolysis oil and process it into new chemical products by using a mass balance approach as part of its ChemCycling project. Future investors in the technology can have the certainty that the pyrolysis oil produced will be taken up by BASF to produce high-performance chemical products.

Oil 259

Oil Parts Companies Waste 259

Green Car Congress

JULY 16, 2023

The new lifecycle sustainability approach will be included as standard across the full AeroShell product range, including turbine engine oils (TEOs), piston engine oils (PEOs), greases and fluids, for both the commercial airline and general aviation markets.

Carbon 284

Carbon Oil Emissions Renewable 284

Green Car Congress

MAY 30, 2018

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. for a 10-day lag.

Oil Prices 220

Oil Prices Gasoline Oil Price 220

Green Car Congress

JANUARY 23, 2019

That leaves a rather large backlog that could add a wave of new supply, even if the pace of drilling begins to slow. That figure is also up sharply from the 5,271 from the same month in 2016, a 60 percent increase. The latest crash in oil prices once again raises this prospect. The calculus on completing wells can cut two ways.

Oil 236

Oil Oil Prices 2019 Price 236

Green Car Congress

OCTOBER 26, 2017

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. Geopolitical tension has been largely irrelevant since the collapse of oil prices in 2014, but it’s making a return now that cracks have emerged in some key oil-producing nations.

Oil Prices 170

Oil Prices Oil Libya Iraq 170

Green Car Congress

MAY 18, 2017

shale in particular—is effectively capping the oil price gains from that agreement. Four months after the OPEC/NOPEC deal took effect, oil prices dropped to the levels preceding the agreement, amid concerns over still stubbornly high inventories and rising U.S. oil production,” the consultancy noted.

Oil Prices 170

Oil Prices Oil 2017 Price 170

Green Car Congress

JULY 22, 2017

Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry, oil and gas is facing more challenges in persuading the environmentally-conscious Millennials that oil is “cool”. labor force. labor force.

Oil 220

Oil Gas Industrial Industry 220

Green Car Congress

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices. — Mad Max: Beyond Thunderdome. and $65.65

Russia 150

Russia Saudi Arabia Oil Market 150

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

AUGUST 25, 2017

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

Oil Prices 170

Oil Prices Oil Industrial Industry 170

Green Car Congress

DECEMBER 10, 2015

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. A stripper is a small operator of very old oil wells that frequently produce less than five barrels per day of oil.

Oil Prices 150

Oil Prices Oil Price 2002 150

Green Car Congress

NOVEMBER 15, 2018

Renewable diesel net supply to California’s fuel market has increased since the state’s Low Carbon Fuel Standard (LCFS) program went into effect in 2011, reaching 100 million gallons during the second quarter of 2018, or 10.1% Much of this low carbon intensity fuel is made from used cooking oil feedstock.

Diesel 283

Diesel Renewable Carbon Standards 283

Green Car Congress

DECEMBER 10, 2012

billion program of pipeline expansions to carry an additional 400,000 barrels per day (bpd) of light oil from North Dakota and western Canada to refinery markets in Ontario, Quebec and the US Midwest. billion investment rounds out our suite of major crude oil new market access initiatives for North American markets.

North Dakota 344

North Dakota Canada Light Oil 344

Green Car Congress

NOVEMBER 18, 2015

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

Saudi Arabia 150

Saudi Arabia Oil Europe Russia 150

Green Car Congress

SEPTEMBER 13, 2020

The molybdenum market enjoyed three years of growing demand between 2016 and 2018, but macroeconomic concerns and a slower steel market resulted in a 2.3% Mine supply continued to edge higher in 2019, albeit by a relatively slow 0.7%—an In the first half of 2020, the Brent crude oil price crashed from US$67.3/bbl

2020 186

2020 2019 2018 Oil 186

Green Car Congress

OCTOBER 5, 2016

The US Environmental Protection Agency’s SmartWay Excellence Awards have recognized 43 truck carriers and one barge carrier as industry leaders in supply chain environmental and energy efficiency. EPA announced the awardees at the 2016 American Trucking Association’s Annual Management Conference & Exhibition in Las Vegas, Nevada.

EPA 199

EPA Las Vegas Supplies Mercury 199

Green Car Congress

JULY 16, 2017

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. At the same time, Saudi Arabia’s export volumes have been hit by high local summer demand for crude oil and products. by Cyril Widdershoven for Oilprice.com.

Oil 186

Oil Libya Nigeria Qatar 186

Green Car Congress

MARCH 24, 2016

Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. US oil production has steadily lost ground over the past two quarters, with production falling more than a half million barrels per day since hitting a peak at nearly 9.7 That has sparked a renewed sense of optimism among oil traders.

Oil Prices 150

Oil Prices Oil Price North Dakota 150

Green Car Congress

AUGUST 5, 2016

Under California’s Low Carbon Fuel Standard (LCFS), crude oil producers may generate credits for oil that has been produced using innovative methods and delivered to California refineries for processing. Seneca Resource Corporation (Seneca) has applied for LCFS credits for producing crude oil using solar generated electricity.

Oil 150

Oil Solar California Chevron 150

Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy. m b/d thresh- old.

Saudi Arabia 150

Saudi Arabia Oil Production Climate 150

Green Car Congress

OCTOBER 16, 2014

Neste Oil and SHV Energy have agreed that SHV Energy will market and sell biopropane to be produced at Neste Oil’s Rotterdam refinery. The agreement to supply some 160,000 tons of biopropane over a four-year period is the first of its kind. Neste Oil expects the new unit to be producing biopropane at the end of 2016.

Market 218

Market Energy Cleaner Fuel Alternative 218

Green Car Congress

APRIL 30, 2013

John Hofmeister, former President of Shell Oil Company and founder and CEO of Citizens for Affordable Energy (CFAE), is joining the Fuel Freedom Foundation (FFF) Advisory Board. There will not be enough oil to stay on the path we’re on globally over the short- and medium-, let alone the long-term. We need a competitor for oil.

Alternative Fuels 295

Alternative Fuels Oil Transportation Fuel 295

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

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. OPEC and US crude oil production.

Oil 150

Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

DECEMBER 30, 2015

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. mb/d for 2035 to 2040.

Oil Prices 150

Oil Prices Oil Price Climate Change 150

Green Car Congress

NOVEMBER 14, 2022

to 1.9%) in 2022 as the COVID recovery continues amidst turmoil in energy markets. Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. Turmoil in energy markets. The turmoil in the global energy markets is affecting the different fossil fuels in different ways. for oil, 1.1%

Global 221

Global Emissions Carbon Coal 221

Green Car Congress

JUNE 15, 2023

Honeywell UOP Ecofining technology will be installed at the following bp sites: Cherry Point refinery in Blaine, Washington; Rotterdam II refinery in Rotterdam, Netherlands; Lingen refinery in Lower Saxony, Germany; Castellón de la Plana refinery in Castellón, Spain; and Kwinana Oil refinery in Kwinana, Australia.

Australia 150

Australia Europe Spain Netherlands 150

Green Car Congress

MARCH 2, 2022

bp announced in October 2020 that it would cease fuel production at its Kwinana Refinery and convert it to an import terminal, helping to ensure ongoing security of fuel supply for Western Australia. Honeywell helped pioneer SAF production with its UOP Ecofining process, which has been used to produce SAF commercially since 2016.

Australia 195

Australia Diesel Fuel Convert 195

Green Car Congress

FEBRUARY 23, 2017

The report estimates consumption to have been more than 500,000 barrels per day (b/d) in 2016. Beginning with its February Short-Term Energy Outlook (STEO), EIA incorporated revisions to historical international liquids consumption data into the STEO’s international liquid fuels market balances.

2000 150

2000 2016 Fuel China 150

Green Car Congress

MARCH 8, 2017

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year. But resurgent U.S.

Oil Prices 170

Oil Prices Saudi Arabia Oil Price 170

Green Car Congress

JULY 3, 2017

Improving the efficiency of road-freight transport is critical to reducing the growth in oil demand, carbon emissions and air pollution over the next decades, according to the International Energy Agency’s latest report, The Future of Trucks: Implications for energy and the environment.

Oil 150

Oil Transportation Alternative Fuels Fuel Economy 150

Green Car Congress

FEBRUARY 13, 2015

Getrag will supply European customers with the new transmission from its plant in Neuenstein, Germany. For the Asian market, the transmission will also be produced in China starting in 2017. The oil in the 7DCT300 is fill-for-life, which results in considerable advantages in terms of maintenance and running costs. Earlier post.)

2016 150

2016 Hybrid Production Maintenance 150

Green Car Congress

JULY 13, 2016

The 2016 Billion-Ton Report , volume 1, updates and expands upon analysis in the 2011 US Billion-Ton Update ( earlier post ), which was preceded by the 2005 US Billion Ton Study ( earlier post ). The Billion Ton 2016 is the third in the series of these Billion Ton reports.

2016 150

2016 South Dakota North Carolina 2005 150

Green Car Congress

OCTOBER 19, 2022

Crucially, MAN B&W methanol engines are available and proven with the first engines having already entered service back in 2016. Finally, our methanol engine only require a fuel-supply pressure of just 13 bar and a number of manufacturers already offer such fuel-supply systems today.

Engine 284

Engine Fuel Mariner Green 284

Green Car Congress

JUNE 4, 2022

EPA also established a 250-million-gallon “supplemental obligation” to the volumes finalized for 2022 and stated its intent to add another 250 million gallons in 2023, to address the remand of the 2014-2016 annual rule by the DC Circuit Court of Appeals in Americans for Clean Energy v.

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EPA 2016 2020 Renewable 199