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DOE: US net petroleum imports negative for 2020

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In 2020, net petroleum imports (total imports minus exports) were negative for the first time since the US Energy Information Administration began tracking them—i.e., This includes crude oil and petroleum products. combustion use in the industrial and transportation sectors. Net imports peaked in 2005 at 12.5

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EPA: US GHG emissions up 6% in 2021 from 2020

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million metric tons of carbon dioxide equivalents after accounting for sequestration from the land sector—representing a 6% increase from 2020. For this latest release, EPA has made several improvements, including updates to estimates for oil and gas and for flooded lands such as hydroelectric and agricultural reservoirs.

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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

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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.

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Volkswagen fueling car carriers with fuel derived from used cooking oil; GoodFuels BFO

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The fuel is produced from materials such as used oil from restaurants and the food industry. The first car freighter was refueled for the first time with this oil in mid-November 2020 and a second ship is due to follow at the beginning of 2021. This way, we reuse waste oil in an environmentally compatible way.

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The Next Oil Price Spike May Cripple The Industry

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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.

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Argonne releases GREET 2020

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Argonne National Laboratory’s Systems Assessment Center has released the 2020 version of the suite of GREET models and associated documentation. The following low-carbon alternative ammonia production pathways have been implemented in GREET 2020 release. road, air, marine, and rail) and other end-use sectors, and energy systems.

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IEA forecasts world oil demand to hit record 101.9 million b/d in 2023; non-OECD to account for 90% of growth

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In its April Oil Market Report , the International Energy Agency (IEA) forecasts that world oil demand will climb by 2 mb/d in 2023 to a record 101.9 OECD demand, dragged down by weak industrial activity and warm weather, contracted by 390 kb/d y-o-y in 1Q23, its second consecutive quarter of decline. million barrels per day.

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