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3 Oil Majors That Bet Big On Renewables

Green Car Congress

An analysis of near-term spending plans on renewables by the biggest oil and gas companies shows that real investments in renewable energy will continue to pale in comparison to capex plans for greenfield fossil fuel projects. Indeed, much of Big Oil's reduction in greenhouse gas (GHG) emissions leans on the so-called natural gas bridge.

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Volkswagen to debut XL1 PHEV prototype at Qatar Motor Show; fuel consumption of 0.9 L/100 km (261 mpg US)

Green Car Congress

Volkswagen is staging the world debut of its XL1 diesel plug-in hybrid electric vehicle (PHEV) prototype at the Qatar Motor Show this week. The XL1 prototype has an all-electric range of up to 35 kilometers (22 miles); total range is approx. The XL1 prototype PHEV. Click to enlarge. L/100 km (261 mpg US), according to VW.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

Emerging economies accounted for all of the net growth, with OECD demand falling for the third time in the last four years, led by a sharp decline in Japan. World natural gas consumption grew by 2.2%, below average in all regions except North America where low prices due to the shale gas “revolution” drove robust growth.

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Baker Institute: End of the ‘Big Oil giveaway’ is underway in the Persian Gulf

Green Car Congress

In recent years, all six Gulf monarchies—Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Oman, Qatar and Bahrain—have begun to challenge the notion that citizens are entitled to cheap energy. The authors said energy subsidies have long outlived their usefulness.

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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

Green Car Congress

The EVer (Electric Vehicle extended range) powertrain of the Fisker Karma. The company, which began deliveries of the Fisker Karma luxury four-door extended range electric sedan in December 2011, also said that it has delivered 1,000 vehicles to customers in the US and Europe. Click to enlarge.

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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

For natural gas, it is the world’s second largest producer , behind the United States and ahead of Iran, and its largest exporter. percent stake in the enormous Sakhalin-2 oil and gas development. Peter Kovalev/TASS/Getty Images So how did Europe become addicted to Russian fossil fuels, particularly natural gas?

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ABB charges into the future with Formula E

Charged EVs

The global electric racing championship Formula E has been a huge success by any measure. Automakers like Mercedes-Benz, Porsche, Nissan, and Jaguar have embraced the series, which is surely the world’s most prominent showcase for electric vehicle performance. The next big thing was electric buses.