Green Car Congress

JULY 6, 2018

When reports emerged that India and China are in talks about forming an oil buyers’ club , OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. The timing is right. The boom in U.S.

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Oil India Oil Prices Japan 150

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.

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Oil Global 2003 2007 276

Green Car Congress

OCTOBER 7, 2021

The US Energy Information Administration (EIA) projects that, absent significant changes in policy or technology, world energy consumption will grow by nearly 50% between 2020 and 2050. Oil and natural gas production will continue to grow, mainly to support increasing energy consumption in developing Asian economies.

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Global Energy Emissions Asia 259

Green Car Congress

MAY 22, 2020

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 These reductions are not permanent. However, nearly 1.4

Oil 186

Oil Canada Oil-Sands Production 186

Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.

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Oil Oil-Sands Price Production 261

Green Car Congress

NOVEMBER 7, 2011

Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. The world is nearing a paradigm shift in oil demand. Lindemer LLC.

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Oil 2010 2020 Global 210

Green Car Congress

APRIL 6, 2017

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 Russia’s Oil Production 1970-2020 and Russia’s Deep-Hole Oil & Gas Exploration Drilling. In 2016, only 3.7

Russia 150

Russia Oil 2016 Oil Prices 150

Green Car Congress

APRIL 14, 2015

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. —EIA Administrator Adam Sieminski.

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2020 Energy Transportation Oil Prices 150

Green Car Congress

MARCH 27, 2020

The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1 Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 million units.

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Gasoline 2020 Gasoline-Electric 2008 269

Green Car Congress

FEBRUARY 25, 2010

Canadian Oil Sands Trust, the largest stakeholder (36.74%) in the Syncrude oil sands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now. Marcel Coutu, Canadian Oil Sands’ President and CEO.

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Oil-Sands Oil 2020 Canada 199

Green Car Congress

SEPTEMBER 20, 2011

World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

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Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

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Oil Oil-Sands Fuel Economy Transportation 207

Green Car Congress

MAY 21, 2010

A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

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Oil Climate Change Oil Prices 2005 220

Green Car Congress

DECEMBER 4, 2016

BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Oil production is expected to begin in late 2021. Oil production is expected to begin in late 2021. In 2013, BP (operator, with 60.5% —Bob Dudley, BP Group Chief Executive. Earlier post.).

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Mexico Chevron Oil Oil Prices 150

Green Car Congress

APRIL 3, 2022

Together, the group of companies have been developing a more cost-effective way to implement and operate a hydrogen supply chain, following a Memorandum of Understanding (MOU) among the consortium in March 2020. This collaboration comes at a timely moment, on the back of rising oil prices.

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Singapore Hydrogen Corporation Japan 150

Green Car Congress

JANUARY 23, 2012

Net petroleum imports as a share of total US liquid fuels consumed drop from 49% in 2010 to 38% in 2020 and 36% in 2035 in AEO2012. EIA added a premium to the capital cost of CO 2 -intensive technologies to reflect current market behavior regarding possible future policies to mitigate greenhouse gas emissions.

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Oil 2005 Production 2010 210

Green Car Congress

FEBRUARY 28, 2022

The bp board announced that bp will exit its shareholding in Rosneft, a Russian state-controlled oil and gas company. Bernard Looney has been a director of Rosneft as one of two bp-nominated directors since 2020. bp has held a 19.75% shareholding in Rosneft since 2013. —bp CEO Bernard Looney. Impact on reporting and finances.

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Russia Ukraine 2013 Financing 186

Green Car Congress

JULY 25, 2013

Given current policies and regulations limiting fossil fuel use, worldwide energy-related CO 2 emissions rise from about 31 billion metric tons in 2010 to 36 billion metric tons in 2020 and then to 45 billion metric tons in 2040, a 46% increase over the 30-year span. Liquid fuels. Source: IEO2013. Click to enlarge. million barrels per day.

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2010 Transportation Fuel Energy 317

Green Car Congress

JANUARY 1, 2011

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. CAGR from 2012 through 2020 to about $250/kWh. Click to enlarge.

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Transportation Gasoline Lithium Ion Gasoline-Electric 250

Green Car Congress

DECEMBER 5, 2012

AEO2013 offers a number of other key findings, including: Crude oil production , especially from tight oil plays, rises sharply over the next decade. Domestic oil production will rise to 7.5 Biofuels grow at a slower rate due to lower crude oil prices and. Overall findings. Biomass and biofuels growth is slower.

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Fuel Energy Sale 2013 225

Green Car Congress

JUNE 20, 2011

billion by 2020. Genomatica expects Bio-BDO to be competitive at oil prices of $45 per barrel or at natural gas prices of $3.50 Oil-based alkyd paints have high levels of volatile organic compounds (VOCs) that become air pollutants as the paint dries. billion by 2020. billion in 2011 to $98.5

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Green Market 2011 2020 236

Green Car Congress

MAY 9, 2020

The second quarter of 2020 will see the largest volume of liquids production cuts, including shut-in production, in the history of the oil industry, according to IHS Markit. The Great Shut-In, a rapid and brutal adjustment of global oil supply to a lower level of demand is underway. Some will be impacted more than others.

Oil 170

Oil 2020 Global Oil Prices 170

Green Car Congress

MARCH 19, 2012

This is consistent with previous studies on the impact of the EU fleet target for passenger cars, which suggests that the 95 g/km target in 2020 can be met without the need for plug-in or hydrogen vehicles, the report noted. ICE and pure hybrids will continue to dominate sales of new vans in 2020, with a combined market share of 80%.

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Emissions Manufacturer Market Price 231

Green Car Congress

MARCH 26, 2010

In 2009, the European Union adopted the Renewable Energy Directive (RED) which included a 10% target for the use of renewable energy in road transport fuels by 2020. share for first-generation land-using biofuels by deducting the expected share in 2020 of other renewable road transport fuels from the 10% RED target. Background.

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Transportation Emissions Fuel 2020 210

Green Car Congress

FEBRUARY 19, 2015

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. The industry did not log a single “giant” oil field.

Oil Prices 150

Oil Prices Oil Price Iraq 150

Green Car Congress

JULY 12, 2011

The analysis is based on central forecasts of oil price, electricity. price and carbon pollution reduction scheme (CPRS)/carbon tax policy, and known information about the historic drivers for consumers in the vehicle. However, as EV and PHEV prices gradually reach. vehicle types (ICEs, EVs, PHEVs and HEVs). Between 2025.

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PHEV Oil Prices Australia Price 210

Green Car Congress

JANUARY 29, 2014

DNV GL has released a position paper on the future alternative fuel mix for global shipping. DNV GL is studying a number of alternative fuels or energy carriers that are already used or could be potentially used in shipping in the future. Well-to-Propeller GHG emissions results for marine alternative fuels. Source: DNV GL.

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Alternative Fuels Fuel Gas-Electric Mariner 231

Green Car Congress

DECEMBER 15, 2009

Costs of light-duty plug-in hybrid electric vehicles (PHEVs) are high—largely due to their lithium-ion batteries—and unlikely to drastically decrease in the near future, according to a new report from the National Research Council (NRC). PHEV-40s, which consume 55% less gasoline than hybrids, could have a greater impact on oil consumption.

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Plug-in Plug PHEV Hybrid 186

Green Car Congress

JULY 14, 2009

In two other scenarios considered, a high oil price scenario (using EIA projections) and a battery swap operator-subsidzied scenario, EV new vehicle sales penetration reaches 85% and 86% respectively by 2030. lower on a per-mile basis than gasoline-powered cars, depending on the future price of oil. Becker (2009).

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Electric Cars Batteries Battery Market 150

Green Car Congress

MAY 22, 2013

Extracting oil by fracking could stabilize the oil price over the next few years. Since optimized storage technologies will not be available until after 2020—according to Roland Berger’s analysis—this problem cannot be resolved on the basis of existing technology for pure-play battery electric vehicles.

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South Korea Sale France Plug-in 239

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.

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Oil Transportation Cheap Fleet 247

Green Car Congress

APRIL 12, 2012

The EU has also made a commitment to reduce emissions in sectors outside the EU ETS, including transportation, by 10% on year-2005 levels by 2020. Baseline” scenario continues past trends; “Challenging” scenario assumes rapid transportation demand and emissions growth; and.

Transportation 199

Transportation Europe Climate Change Emissions 199

Green Car Congress

JULY 4, 2009

Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. in pure electric vehicles in 2020. Background. Martin Winterkorn.

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2013 Companies Gas-Electric Recharge 150

Tony Karrer Delicious EVdriven

APRIL 30, 2009

from its reliance on imported oil. While hydrogen provides driving performance similar to thatof gasoline vehicles, fuel cell models will remain costly tobuild for the foreseeable future and aren’t as durable asconventional cars. Oil prices are going to go up. the only companyselling hydrogen-powered cars to U.S.

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Obama Honda Plug-in Plug 53

Wallbox

JANUARY 4, 2021

Amidst the COVID-19 pandemic, several conflicting reports about the future of EVs have emerged: some predict EVs to grow by 38% year-over-year, while others forecast a 43% drop. However, despite all the concerns about the future of electric cars, EVs have shown significant resilience in the past few months, even in the face of the pandemic.

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Economy Electric Vehicles Vehicles Electric 52