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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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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. “ —Gabriel Collins.

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Eni and Petrochina sign MOU to develop business opportunities in China and abroad; focus on conventional and unconventional hydrocarbons in Africa

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Eni signed a Memorandum of Understanding with CNPC/Petrochina, the biggest listed national oil company in the world. In particular, the companies will study common opportunities jointly to expand their operations in conventional and unconventional hydrocarbons in Africa. Eni has been present in China since 1984.

Africa 218
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Hainan Airlines makes China’s first commercial flight with sustainable aviation biofuel

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The regularly scheduled Hainan Airlines flight—which carried more than 100 passengers from Shanghai to Beijing in a Next-Generation 737-800—used biofuel made by Sinopec from waste cooking oil collected from restaurants in China. Boeing also partners with the Commercial Aviation Corp.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

Russia 150
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Researchers castigate planning bodies for ill-conceived Jatropha programs

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million ha (49,421 square miles) are expected to be planted by 2015—are “ anything but encouraging ”, according to Promode Kant from the Institute of Green Economy in India and Shuirong Wu of the Chinese Academy of Forestry. The results of massive plantings of Jatropha worldwide for use as a biofuel feedstock—some 12.8

India 239
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Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

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a Chinese synthesis gas supplier, for the production of certain feedstocks used in the TCX process. In the presentation to investors, Celanese executives said that TCX enables the company to produce ethanol at the equivalent of gasoline produced with $60 per barrel crude oil (around $1.50/gallon). Earlier post.).

Future 210
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

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Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. While switching from internal combustion engine (ICE) to electric cars is important, the effect on overall emissions differs depending on the mode of transport that is displaced. China exported over 1.2 China exported over 1.2