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Opinion: Can Argentina Capitalize On Its Vast Shale Reserves?

Green Car Congress

Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. Still, with a resource potential both vast and untapped, the nation has never been far from energy investors’ minds. Exploration and production in Argentina is also expensive.

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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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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. —Brandt et al.

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EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Green Car Congress

The potential for growth in demand for liquid fuels is focused on the emerging economies of China, India, and the Middle East, while liquid fuels demand in the United States, Europe, and other regions with well-established oil markets seems to have peaked. per year, as the mature economies react to sustained high fuel prices.

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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

DNV and GL merged in September 2013 to form DNV GL—the world’s largest ship and offshore classification society, the leading technical advisor to the global oil and gas industry, and a leading expert for the energy value chain including renewables and energy efficiency. —“Alternative Fuels for Shipping”.

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Opinion: Busting The “Canadian Bakken” Myth

Green Car Congress

It found the “thick and geographically extensive” Canol formation is expected to contain 145 billion barrels of oil, while the “much thinner” Bluefish shale contains 46 billion barrels. That license was estimated to have 625 million barrels of oil in place. “We China, and Argentina, combined. billion barrels.

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