Green Car Congress

APRIL 14, 2023

bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. Argos is the centerpiece of bp’s Mad Dog Phase 2 project, which extends the life of the super-giant oil field discovered in 1998. Earlier post.) bp is the operator with 60.5%

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Mexico 2008 Oil Production 259

Green Car Congress

APRIL 21, 2020

The average household spent about $60,000 in 2018, with $9,800 of that on transportation (16%), according to the US Department of Labor. Gasoline and motor oil, public transportation, and other vehicle expenditures such as maintenance, repairs, insurance, etc. Transportation expenditures were second only to housing (33%).

2018 243

2018 Transportation Maintenance Oil 243

Green Car Congress

JANUARY 10, 2018

In its latest edition of the Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that US crude oil production will average 10.3 million b/d in 2018—the highest annual average production in US history, surpassing the previous record of 9.6 US crude oil production averaged an estimated 9.3

2018 207

2018 2019 Oil Production 207

Green Car Congress

AUGUST 6, 2020

New research by the IHS Markit Canadian Oil Sands Dialogue shows that the combined greenhouse gas (GHG) intensity of Canadian oil sands projects has declined 20% from 2009 levels. The latest data show that the greenhouse gas intensity of Canadian oil sands going down further, continuing a decade-long trend.

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Oil-Sands Oil Gas 2009 250

Green Car Congress

MAY 3, 2020

gasoline demand would have put upward pressure on world oil prices. They added indirect rebound effects via income and world oil prices to the calculations because, in principle these could have non-trivial impacts on fuel savings. First, had fuel economy not improved, the higher level of U.S. Greene, Charles B. 2020.111517.

Fuel Economy 482

Fuel Economy Economy Light 2018 482

Green Car Congress

JANUARY 19, 2019

China will drive the majority of growth in the crude oil refining industry in Asia between 2018 and 2023, contributing 44% of Asia’s crude oil refining capacity in 2023, according to GlobalData. China’s planned and announced crude oil refining capacity is expected to increase from 460 mbd in 2018 to 3,721 mbd in 2023.

Oil 236

Oil China 2018 Asia 236

Green Car Congress

FEBRUARY 27, 2022

bp has begun producing sustainable aviation fuel (SAF) from used cooking oil in co-processing process with crude oil at its plant in Lingen, Germany. Fats, Oils and Greases (FOG) co-processing is one of nine ASTM-approved conversion processes for SAF production. Earlier post.).

Oil 210

Oil Germany Legal Washington 210

Green Car Congress

AUGUST 24, 2018

The US Energy Information Administration (EIA) August Short-Term Energy Outlook (STEO) forecasts that US crude oil production will average 10.7 million barrels per day (b/d) in 2018 and 11.7 Source: US Energy Information Administration, Short-Term Energy Outlook, August 2018. million b/d in 2018 and 3.9 million b/d.

2019 236

2019 Oil Production 2018 236

Green Car Congress

DECEMBER 10, 2019

mmbd in 2018, according to the US Department of Energy (DOE). Note: Petroleum includes crude oil and natural gas liquids. Annual petroleum production in the United States doubled from 6.8 million barrels per day (mmbd) in 2008 to 15.3 Record levels of production began when the 11.8 mmbd in 2014 topped the previous high of 11.3

2008 195

2008 2018 Production 2014 195

Green Car Congress

JANUARY 11, 2019

The Department of Energy’s (DOE’s) Office of Fossil Energy announced up to $88 million in federal funding for cost-shared research and development projects enhancing technologies for oil and natural gas recovery under two separate funding opportunity announcements (FOAs). million barrels of oil per day (MMb/d)) to 56.5%

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Oil Gas 2017 2014 306

Green Car Congress

MAY 11, 2021

With the conventional lubrication Prelube I (left), one gram of oil is applied over every square meter of sheet steel. grams of oil are required for every square meter. The new oil class creates a protective film on the surface of a metal sheet that is thicker and does not run off. grams of conventional oil.

Audi 243

Audi Oil Manufacturer SUV 243

Green Car Congress

OCTOBER 12, 2018

Argonne National Laboratory’s Systems Assessment Group announced the 2018 release of the suite of GREET models and associated documentation. For the 2018 release, we added three bio-derived products: bio-ethylene oxide (EO), bio-ethylene glycol (EG), and bio-terephthalic acid (TPA). road, air, marine, and rail).

2018 207

2018 Hydrogen Conversion Lithium Ion 207

Green Car Congress

FEBRUARY 21, 2019

Eni and RenOils, the Italian national vegetable and animal oils and fats Consortium established in 2016 to ensure the correct management of the collection, transport, storage, processing and reuse of vegetable oils and animal fats, are promoting the recovery of used cooking oils (UCO) for biofuel production.

Oil 247

Oil Waste Italy Production 247

Green Car Congress

APRIL 23, 2018

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

Oil 276

Oil Global 2003 2007 276

Green Car Congress

JANUARY 21, 2020

billion raised in 2018. billion in 2018. billion in 32 deals compared to $850 million raised in 49 deals in 2018. billion in 32 deals compared to $850 million raised in 49 deals in 2018. billion in 2018. Seventy-eight VC investors participated in Battery Storage deals in 2019 compared to 73 in 2018.

2019 195

2019 2018 Grid Companies 195

Green Car Congress

MAY 22, 2019

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.

Oil Prices 330

Oil Prices Gasoline-Electric Gasoline Oil 330

Green Car Congress

JANUARY 23, 2019

The total number of DUCs hit 8,723 in November 2018, up 287 from a month earlier. The latest crash in oil prices once again raises this prospect. On the one hand, lower oil prices – despite the recent rebound, prices are still down sharply from a few months ago – can cause some E&Ps to want to hold off on drilling new wells.

Oil 236

Oil Oil Prices 2019 Price 236

Green Car Congress

MAY 14, 2019

Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. trillion in 2018, a level similar to 2017.

2018 191

2018 Global Energy Coal 191

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

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

Oil 231

Oil Industrial Industry Financing 231

Green Car Congress

APRIL 1, 2020

IHS Markit Crude Oil Markets service expects up to 10 MMb/d of world oil production will be cut or shut-in from April to June 2020 as oil storage fills up and output from financially strapped companies begins to fall. If oil cannot be sold or stored, it cannot be produced. Something has to give. And it will.

Saudi Arabia 186

Saudi Arabia Oil Production Russia 186

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.

Oil Prices 170

Oil Prices Oil Saudi Arabia Price 170

Green Car Congress

APRIL 13, 2020

These results indicate that coal and oil are the energy sources leading to most emissions, and that hydro, wind, and nuclear are the energy sources leading to least emissions. On the two extremes, coal and oil result in about 176 times the emissions from hydro.

Coal 435

Coal Cleaner Electric Vehicles Alaska 435

Green Car Congress

NOVEMBER 9, 2019

The Government of Alberta, Canada, is now allowing curtailed operators to drill new conventional oil wells without being restricted by production limits. Oil production in Alberta in September 2019 was 16.75 compared to September 2018. Non-conventional (or oil sands) production, which constituted 83.8% Background.

Oil 150

Oil Oil-Sands 2019 Oil Prices 150

Green Car Congress

MARCH 6, 2018

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. mb/d in 2017.

Brazil 218

Brazil Norway Oil Canada 218

Green Car Congress

NOVEMBER 10, 2021

These results indicate that coal and oil are the energy sources leading to most emissions, and that hydro, wind, and nuclear are the energy sources leading to least emissions. On the two extremes, coal and oil result in about 176 times the emissions from hydro. Energy source. Proportional amount of emissions relative to hydro.

Coal 334

Coal West Virginia North Dakota Cleaner 334

Green Car Congress

AUGUST 21, 2018

The US port district of Houston-Galveston in Texas recently began exporting more crude oil than it imported for the first time on record, according to the US Energy Information Administration (EIA). In April 2018, crude oil exports from Houston-Galveston surpassed crude oil imports by 15,000 barrels per day (b/d).

Houston 150

Houston Oil United States 2018 150

Green Car Congress

AUGUST 20, 2019

Leading global heavy lift shipping and offshore transportation and installation contractor Jumbo, and commercial, sustainable marine biofuel company GoodFuels, are partnering to test Goodfuels’ marine Bio-Fuel Oil on an offshore decommissioning project.

Oil 207

Oil Mariner Fuel Netherlands 207

Green Car Congress

APRIL 22, 2019

Nanyang Technological University, Singapore (NTU Singapore) scientists have developed a sustainable way to demonstrate a new genetic modification that can increase the yield of natural oil in seeds by up to 15% in laboratory conditions. This results in larger oil reserves in the seed that primarily serves as an energy source for germination.

Oil 236

Oil Singapore Cleaner United States 236

The Truth About Cars

JANUARY 30, 2024

A timing-cover oil leak was fixed last year. Today we bring you a certified pre-owned Porsche Macan GTS. It's under the CPO warranty until July and has new brake pads. The PDK was serviced last summer and the spark plugs were replaced in the fall. Modifications include the exhaust, carbon-fiber airboxes, and the air filter.

Porsche 104

Porsche 2018 Carbon Fiber Chicago 104

Green Car Congress

APRIL 30, 2020

California is the seventh-largest oil-producing state in the US. The state’s crude oil production in 2018 was approximately 162 million barrels—mainly from onshore wells—down from 174 million barrels in 2017 and a recent high of 205 million barrels in 2014.

Oil 150

Oil California Gas Production 150

Green Car Congress

FEBRUARY 6, 2023

ConocoPhillips estimates that the Willow Project will produce 180,000 barrels of oil per day at its peak and deliver $8 billion to $17 billion in new revenue for the federal government, the state of Alaska and North Slope Borough communities. The BLM has identified a preferred alternative in the final SEIS.

Alaska 417

Alaska Oil 2018 2016 417

Green Car Congress

OCTOBER 2, 2019

Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

Oil 199

Oil Gas Oil Prices Water 199

Green Car Congress

MARCH 26, 2019

to 33 Gigatonnes (Gt) in 2018. These findings are part of the International Energy Agency’s latest assessment of global energy consumption and energy-related CO 2 emissions for 2018. Electricity continues to position itself as the “fuel” of the future, with global electricity demand growing by 4% in 2018 to more than 23,000 TWh.

2018 207

2018 Global Emissions Energy 207

Green Car Congress

FEBRUARY 9, 2018

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. During 2017, proved additions at Upper Zakum in Abu Dhabi totaled more than 800 million barrels of crude oil. Exxon Mobil Corporation added 2.7 Resource Base.

2017 186

2017 Papua New Guinea Oil Guyana 186

Green Car Congress

APRIL 15, 2017

shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. In recent years, U.S. shale output.

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

DECEMBER 1, 2017

At the Los Angeles Auto Show, Jeep unveiled the 2018 Wrangler, with new mild hybrid (eTorque) and diesel options to be available. The 2018 Jeep Wrangler 2-door model is available in three different trim configurations: Sport, Sport S and Rubicon. liter Pentastar V-6 engine is upgraded for 2018. liter EcoDiesel V-6 and 2.0-liter

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Jeep 2018 Plug-in Hybrid 210