article thumbnail

IEA: non-OPEC oil supply tops 43 mb/d for first time in decades; global demand to reach 92.4 mb/d in 2014

Green Car Congress

The International Energy Agency’s (IEA’s) Oil Market Report (OMR) for December raised the estimate of global oil demand for 2013 by 130,000 barrels per day (130 kb/d) to 91.2 Global demand is now seen advancing by 1.2 Global oil supplies increased by 310 kb/d in November to 92.3 Global refinery crude runs plunged to 73.6

article thumbnail

UTM Offshore signs FEED agreement for Nigeria’s first floating liquefied natural gas (FLNG) facility

Green Car Congress

With factors such as the Russian-Ukraine war, increases in energy demand and global energy transition-related policies fueling the energy crisis at global scale, the AEC strongly believes African gas has a huge role to play in liberating global economies and the global energy market.

Nigeria 186
article thumbnail

GECF: more than a quarter of 2050 natural gas supply untapped

Green Car Congress

According to the latest available figures from the GECF Global Gas Outlook 2050, natural gas production in the Central Asian Republic is set to increase by 78% to reach the level of more than 141 billion cubic metres (bcm) by 2050, at a remarkable annual growth rate of 1.9%.

article thumbnail

BP takes delivery of 6 new LNG tankers

Green Car Congress

BP is taking delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers to support its expanding global LNG portfolio, and to respond to growing demand for lower-carbon energy sources around the world. BP also participates in LNG projects in Australia, UAE, Indonesia, Trinidad and Angola.

Trinidad 150
article thumbnail

IEA March Oil Market Report revises 2015 demand forecast upward

Green Car Congress

out in the second quarter of 2014, global oil demand growth has since steadily risen, with year?on?year mb/d, bringing global demand to an average 93.5 mb/d, bringing global demand to an average 93.5 Global supply rose by 1.3 expected US crude supply, raising the 2015 North American outlook. Having bottomed?out

2015 150
article thumbnail

Africa’s Electricity-Access Problem Is Worse Than You Think

Cars That Think

Similarly, having a distribution line (often illegally rigged) running to a dwelling tells us nothing about the usage of power or the reliability of its supply. Global electrification has risen steadily since World War II, reaching 73 percent in 2000 and 90 percent in 2019 (the pandemic year of 2020 was the.

article thumbnail

ExxonMobil brings Kearl oil sands expansion online ahead of schedule; overall capacity doubling to 220K barrels per day

Green Car Congress

This places oil sands within the same GHG intensity range as 45% of crude oil supplied to US refineries in 2012.). gCO 2 e/MJ, calculated by weighting the carbon intensity value for each crude by the volume supplied to California refineries during 2012, 2013, and 2014.). It is now processed in more than 25 refineries around the world.

Oil-Sands 150