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

FEBRUARY 20, 2022

In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA). million b/d. million b/d in 2023. million b/d.

United States 511

United States Oil 2020 International 511

Green Car Congress

MARCH 10, 2020

The California Air Resources Board (CARB) Executive Officer has certified the 2020 annual update to the carbon intensities (CI) of the lookup table pathways for a) California Average Grid Electricity Used as a Transportation Fuel in California and b) Electricity Supplied under the Smart Charging or Smart Electrolysis Provision.

2020 383

2020 2019 Transportation Fuel 383

Green Car Congress

JUNE 23, 2022

A new analysis by European environmental NGO Transport & Environment finds that Europe burns more than 17,000 tonnes of rapeseed and sunflower oil every day—the equivalent of 19 million 1-liter bottles. Supermarkets have had to ration vegetable oils and prices are soaring. In a time of scarcity we must prioritize food over fuel.

Oil 334

Oil Europe Ukraine Egypt 334

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.

Oil 150

Oil Supplies Oil Prices 2017 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.

Brazil 218

Brazil Norway Oil Canada 218

Green Car Congress

APRIL 15, 2023

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 Extra cuts by OPEC+ will push world oil supply down 400 kb/d by end of 2023. For the year as a whole, global oil production growth slows to 1.2 mb/d versus 4.6

Oil 186

Oil Ukraine Russia Brazil 186

Green Car Congress

OCTOBER 10, 2020

Argonne National Laboratory’s Systems Assessment Center has released the 2020 version of the suite of GREET models and associated documentation. Supply chain sustainability analysis (SCSA) of six biofuel production pathways. The following low-carbon alternative ammonia production pathways have been implemented in GREET 2020 release.

2020 324

2020 Gas-Electric Lithium Ion Mariner 324

Green Car Congress

APRIL 25, 2021

Additionally, Governor Newsom requested that the California Air Resources Board (CARB) analyze pathways to phase out oil extraction across the state by no later than 2045. California’s production of oil has been steadily dropping since 1985. According to the California Energy Commission, California oil represented 34.9%

Oil 221

Oil California Production Climate Change 221

Green Car Congress

SEPTEMBER 13, 2020

Roskill expects demand for molybdenum to drop by more than 8% in 2020. Mine supply continued to edge higher in 2019, albeit by a relatively slow 0.7%—an This slow growth in mine supply, combined with the drop in demand, was sufficient to flip the molybdenum market from a deficit in 2018 into a surplus in 2019.

2020 186

2020 2019 2018 Oil 186

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

DECEMBER 8, 2020

The Rockies saw the smallest slide (5.6%) but that is substantial enough to impact supply and demand balances as winter approaches. The data speaks to a major problem for the petroleum industry and oil prices as it recovers from unprecedented demand declines for most of 2020. Northeastern gasoline sales dropped 10.1%

Gasoline 321

Gasoline 2020 Wyoming New Jersey 321

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

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. Many oil projects, after all, take years to develop.

Oil 150

Oil Supplies Market Oil Prices 150

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. Some level of DUCs is normal, but the ballooning number of uncompleted wells has repeatedly fueled speculation that a sudden rush of new supply might come if companies shift those wells into production.

Oil 236

Oil Oil Prices 2019 Price 236

Green Car Congress

AUGUST 7, 2020

Oil markets have returned to relatively stable ground with Brent prices within a narrow $40-$45 per barrel range and could conclusively pass the $50 per barrel mark in the second half of 2021, according to Roger Diwan and the IHS Markit Energy Advisory Service. bbl in 2020 and $49.25/bbl bbl in 2020 and $49.25/bbl bbl and $5.25/bbl,

Saudi Arabia 186

Saudi Arabia Oil Prices Oil Price 186

Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. Now a prevailing sense that oil prices may stay lower for longer has hit the markets. In other words, oil traders are now feeling much gloomier about oil prices several years out than they were at the beginning of 2015.

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

SEPTEMBER 3, 2021

LG Chem and Korean biodiesel producer and exporter Dansuk Industrial will form a joint venture to build Korea’s first next-generation hydro-treated vegetable oil (HVO) plant. HVO is a next-generation bio-oil produced through hydro-treatment of vegetable raw materials such as waste cooking oil and palm by-products.

Oil 186

Oil Building Waste International 186

Green Car Congress

SEPTEMBER 21, 2022

Trafigura deploys infrastructure, logistics and financing to connect global producers and consumers of oil and petroleum products, metals and minerals and power and renewables. Our work with Amogy will help us understand the economics of this supply chain, to deliver the most competitive low carbon hydrogen to our customers.

Hydrogen 186

Hydrogen Global Supplies MIT 186

Green Car Congress

SEPTEMBER 27, 2022

In the first half of 2022 (January–June), US exports of petroleum products averaged nearly 6 million barrels per day (b/d), the most first-half-of-year exports in Petroleum Supply Monthly data, going back to 1973, according to the US Energy Information Administration (EIA). US propane exports averaged 1.4

Russia 284

Russia Production Oil Ukraine 284

Green Car Congress

NOVEMBER 11, 2022

ULSD is the most widely consumed form of distillate fuel oil. In October 2022, the United States had 25 days of supply of distillate, the fewest since 2008, the EIA said. US days of supply between 2017 and 2021 averaged 34 days. In October 2022, the New York Harbor spot price for ULSD averaged $4.36

Diesel 195

Diesel Price United States Oil 195

Green Car Congress

DECEMBER 12, 2021

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. Investment slumped by 30% in 2020.

Price 416

Price Oil Asia Gas 416

Green Car Reports

JULY 12, 2018

The Volkswagen eGolf is in extremely short supply. Analysts forecast oil prices may double by 2020. The VW eGolf may be in short supply while the automaker gears up for. Los Angeles introduces the first electric double-decker bus. And Ontario, Canada, ends a rebate program for electric cars and chargers.

Oil Prices 60

Oil Prices Los Angeles 2020 Oil 60

Green Car Congress

JULY 21, 2022

million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. Global demand for refined products dropped substantially in 2020 as a result of the COVID-19 pandemic. In its June 2022 Oil Market Report, the IEA expects net global refining capacity to expand by 1.0 million b/d in 2023.

Global 448

Global China Kuwait Oman 448

Green Car Congress

MAY 20, 2020

BloombergNEF (BNEF) forecasts that sales of electric passenger vehicles will fall 18% in 2020 to 1.7 The figures, if realized, have major implications for oil and electricity markets. The COVID-19 pandemic is set to cause a major downturn in global auto sales in 2020. million barrels per day. million units.

2020 243

2020 Sale Market Cars 243

Green Car Congress

JUNE 6, 2019

Canadian oil sands production is set to enter a period of slower annual production growth compared to previous years. IHS Markit expects average year-on-year supply additions to be below 100,000 barrels per day (b/d) in the coming decade. By contrast, growth over the current decade regularly averaged additions in excess of 150,000 b/d.

Oil-Sands 170

Oil-Sands Oil Venezuela Production 170

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

MAY 31, 2020

Energy investment is set to fall by one-fifth in 2020 due to the COVID-19 pandemic. At the start of 2020, global energy investment was on track for growth of around 2%, which would have been the largest annual rise in spending in six years. Global investment in oil and gas is expected to fall by almost one-third in 2020.

Global 344

Global Energy Coal 2020 344

Green Car Congress

JULY 8, 2022

Advanced biofuels are based on raw biological materials, such as used cooking oil and other waste products. This material is used to manufacture a fatty acid methyl ester (FAME) (biodiesel), which is then mixed with varying proportions of low sulfur fuel oil. —Danny Smolders, Managing Director Global Sales at Hapag-Lloyd.

Transportation 341

Transportation Mariner Climate Oil 341

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.

Oil 210

Oil 2010 2020 Global 210

Green Car Congress

APRIL 13, 2021

The biojet fuel, made from used cooking oil, will be delivered to French airports starting in April 2021. Total started up production at the La Mède biorefinery—converted from a former oil refinery—in 2019. An 8-megawatt solar farm that can supply 13,000 people. Total will not use vegetable oils as feedstock.

France 431

France Fuel Oil Waste 431

Green Car Congress

OCTOBER 8, 2012

Oil palm supplies more than 30% of world vegetable oil production. The study, published as an open access paper in the journal Nature Climate Change , shows that deforestation for the development of oil palm plantations in Indonesian Borneo is becoming a globally significant source of carbon dioxide emissions.

Oil 273

Oil 2020 Emissions Indonesia 273

Green Car Congress

NOVEMBER 2, 2020

Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference. Beyond Turkmenistan, the GECF projections forecast expansion of natural gas production by more than 50% between 2020 and 2050, despite facing a stymied growth in the short- and medium-term due to the impact of COVID-19. —Secretary General Sentyurin.

Turkmenistan 170

Turkmenistan Equatorial Guinea United Arab Emirates Gas 170

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

OCTOBER 5, 2021

to continue supplying the fuel at more than 60 propane-dispensing stores in the state. Customers utilized the first million gallons of renewable propane U-Haul bought in 2020, and the second million gallons is already arriving at stores. Today, U-Haul supplies propane to customers at more than 1,165 stores across the US and Canada.

Store 243

Store Renewable California San Diego 243

Green Car Congress

AUGUST 28, 2017

On 27 October 2016, the International Maritime Organization (IMO) announced that beginning on 1 January 2020, the maximum sulfur content allowed in marine bunker fuel will be reduced from 3.50% mass by mass (m/m) to 0.50% m/m (35,000 ppm to 5,000 ppm)—five years earlier than many expected. Earlier post.) —Sandeep Sayal.

Mariner 150

Mariner 2020 Fuel Oil 150

Green Car Congress

JULY 18, 2020

They found that under the reference infection scenario, US gasoline demand grows slowly after a quick rebound in May, and is unlikely to recover to a non-pandemic level prior to October 2020. Therefore, beyond the immediate economic responses, the longer-term impact on the US economy may persist well beyond 2020.

Gasoline 505

Gasoline Motor Motors Motoring 505