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EIA ups total shale oil resource estimate by 13% to 419B barrels, shale gas by 4% to 7576 Tcf

Green Car Congress

The US Energy Information Administration (EIA) continues to expand its assessment of technically recoverable shale oil and shale natural gas resources around the world. Each of the countries has an existing oil and natural gas industry with infrastructure connecting the basins to global markets. Bcf/d from 2005 to 2014.

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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

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EPA proposes slight ease in 2018 renewable fuel volumes compared to 2017; gearing up for future reset

Green Car Congress

EPA is beginning technical analysis that will inform a future rule to reset the statutory volumes for cellulosic, advanced, and total biofuels. EPA is also taking comment on addressing concerns that some RFS obligations are increasingly met with imported fuel from Brazil, Argentina and Indonesia. billion gallons.

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New Volkswagen MQ281 manual gearbox shaves up to 5g CO2/km

Green Car Congress

This enabled us to design a completely new oil conduction system. Using a variety of oil conduction measures, we are able to achieve a uniform and optimum lubrication of gear wheels and bearings, reducing the amount of lifetime oil required to just 1.5 Here we employed virtual development methods. —Helmut Göbbels.

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MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

On a life-cycle basis this advantage is reduced, the MIT report notes, because the GHG emissions in production and distribution, including methane leakage, are greater for natural gas than for oil products. million bpd of oil. MIT: leaning toward conversion for light-duty vehicles. These include short-range, heavy-duty vehicles (e.g.,

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Sinopec takes 30% stake in Galp Energia’s Brazilian subsidiary for $4.8B

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Galp said that the capital increase significantly strengthens its capital structure, fully securing its funding needs for the future expansion and development of its upstream activities in Brazil. In 2010, its annual oversea equity oil production reached 127 MMbbl. Petrogal assets in Brazil. Click to enlarge. billion bbl and 4.41

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Toyota digs for Lithium

Revenge of the Electric Car

Toyota Tsusho Corp, a trading house and key Toyota supplier that Toyota owns 22 percent of, just announced that it would be jointly developing a new lithium project in Argentina with the Australian-listed Orocobre Ltd. For more information read: Toyota in Argentine Lithium Deal for Hybrid Car Push. By Eriko Amaha for Reuters. By Eriko Amaha.

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