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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

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Study finds global oil demand likely to grow despite pandemic, climate policies

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The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.

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Casterra to sell castor seeds for cultivation to leading oil and gas company; $9.1M initial purchase

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signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. Casterra’s high-yield, high-oil castor seed varieties are optimized for biofuel production to support the growing market of sustainable energy.

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Navigant Research: plug-in electric vehicles close to becoming leading alternative fuel platform, best positioned to lead future

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In 2019, multiple deployments of long-range battery EVs (BEVs) in crossover classes, as well as Tesla reaching full-scale production on the Model 3 and expanding its vehicle shipments to markets abroad, are setting the stage for continued market growth, Navigant says. Though PEV market growth has been considerable, challenges remain.

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Former president of Shell Oil calls for aggressive action on alternative fuels to break oil monopoly on transportation

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John Hofmeister, former President of Shell Oil Company and founder and CEO of Citizens for Affordable Energy (CFAE), is joining the Fuel Freedom Foundation (FFF) Advisory Board. There will not be enough oil to stay on the path we’re on globally over the short- and medium-, let alone the long-term. —John Hofmeister.

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List of The Best 10 Alternative Fuels for Cars that Could Replace Gasoline

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Which are the alternative fuels for cars that could replace gasoline in vehicle? Are you aware of the most commonly used fuel in automobiles? The answer is petroleum fuels. The fossil fuels are highly significant in the global economy. Do we have enough fuels for the future use?

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Chevron Lummus Global joins ARA ReadiJet Alternative Fuel Initiative to develop 100% drop-in diesel, and jet kero biofuels

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Chevron Lummus Global (CLG), a 50-50 joint venture between Chevron Products Company and Lummus Technology, has joined ARA’s ReadiJet Alternative Fuel Initiative to develop drop-in biofuels. —Ed Coppola, ARA Fuels Principal Engineer. Earlier post.). Overview of the ReadiJet process. Click to enlarge.

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