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In Asia and the Middle East, at least nine refinery projects are beginning operations or are scheduled to come online before the end of 2023, according to the US Energy Information Administration (EIA). million barrels per day (MMb/d) of global refinery capacity once fully operational. million b/d in 2022 and by an additional 1.6
Strong cooperations with other international enterprises on the development of vehicle electrification is part of the core business strategy. As of November 2022, BYD has sold more than 3 million NEVs to global customers. Central Asia map by Cacahuate - Own work based on the blank world map, CC BY-SA 4.0.
Airlines in the Asia-Pacific region will lead global demand for larger and more eco-efficient aircraft over the next 20 years, according to Airbus’ latest Global Market Forecast (GMF). Increasing urbanization from already high levels in the region means that 25 of the 89 mega cities in 2032 will be in Asia-Pacific.
Initial operations will begin from October 2020 as ANA plans SAF-fueled flights from both Haneda International airport and Narita International Airport. ANA will become the first airline to use SAF on flights departing from Japan; the agreement also represents Neste’s first SAF supply to an Asian airline.
The fifth and final session of negotiations on the establishment of an international mercury convention—International Negotiating Committee on Mercury (INC5)—is taking place this coming week in Geneva. UNEP produced its first Global Mercury Assessment in 2002 and a subsequent study in 2007. Source: UNEP.
The new Aquarius Hydrogen Engine’s lightweight design and unique internal-gas-exchange-method would greatly reduce emissions and lower the global carbon footprint. The original Aquarius Engines Generator is currently undergoing successful field tests in North America, Europe, Asia and Australasia.
Ford Motor Company is reorganizing its Asia Pacific operations. As part of those actions, which include hiring a new President and CEO (Anning Chen) for Ford China, Ford China is elevated to a stand-alone business unit reporting to Ford global headquarters. —Ford President and CEO Jim Hackett.
US LNG exports increased in the first half of this year as international natural gas and LNG spot prices increased in Asia and Europe due to cold weather. In Asia, colder-than-normal winter temperatures led to increased demand for spot LNG imports. Asia was followed by Europe, which had a five-month average share of 37%.
billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). Global LNG export capacity has increased by 29%, or 14.0
million metric tonnes (Mt) of electronic waste was generated worldwide in 2019, up 21% in just five years, according to the UN’s Global E-waste Monitor 2020. According to the report, Asia generated the greatest volume of e-waste in 2019—some 24.9 of global greenhouse gas emissions. A record 53.6 Mt), and and Oceania (0.7
In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency.
World petroleum and other liquid fuels consumption will increase 38% by 2040, spurred by increased demand in the developing Asia and Middle East, according to the Reference Case projections in International Energy Outlook 2014 ( IEO2014 ), released by the US Energy Information Administration (EIA). Click to enlarge.
In its International Energy Outlook 2019 (IEO2019), the US Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia.
Exxon Mobil Corporation’s new The Outlook for Energy: A View to 2040 , released last week, projects that global energy demand in 2040 will be about 30% higher than it was in 2010 as population grows to 9 billion and global GDP doubles. Click to enlarge. —ExxonMobil Outlook. billion units.
The International Energy Agency’s latest report forecasts a decline in global coal demand by 2026, marking a potential turning point in global energy consumption. more… The post Global coal demand is expected to drop by 2026 – but not in Asia appeared first on Electrek.
US ammonia prices closely follow international ammonia prices because approximately 14% of total US ammonia consumption is met by imports. Because the global ammonia market is highly interconnected, the US price of ammonia closely follows international ammonia prices rather than only US natural gas prices.
With customer demand exceeding its initial projections, Ford now expects EcoBoost production to exceed its global diesel engine production. Ford’s global EcoBoost engine family now includes the 1.0-liter Global Ford EcoBoost engine production: total since launch in 2009. Global take rates. liter three-cylinder; 1.5-liter,
These are some of the findings of a new health assessment based on the Tropospheric Ozone Assessment Report (TOAR), an effort by the InternationalGlobal Atmospheric Chemistry Project to create the world’s most comprehensive database of surface ozone observations from all available ozone monitoring stations around the globe.
In a new report ( Transportation Forecast: Global Fuel Consumption ), Navigant Research forecasts total road transportation energy consumption will grow from 81.1 Most developed countries in Western Europe and parts of Asia Pacific will also exhibit similar decreases in energy consumption. quadrillion Btu in 2014 to 101.7
Pinnacle’s first engines, jointly developed with its first commercial OEM partner, will launch in Asia in 2014. Murtaugh then served as the Executive Vice President of SAIC Motor, where he was responsible for international operations, including Ssangyong Motors of Korea.
Our internal forecasts for 2020 indicate that we will have achieved the European CO 2 targets for passenger cars last year. With sales of 2,164,187 units (-7.5%), Mercedes-Benz maintained a leading global position compared with its core competitors. 1,024,315 units were sold in the Asia-Pacific region (+4.7%).
Hyundai Motor Company will establish a Hyundai Mobility Global Innovation Center in Singapore (HMGICs) to accelerate its innovation efforts, with support from the Singapore Economic Development Board (EDB). HMGICs will become Hyundai’s global open innovation hub. It also will help define the future business direction for the company.
ATC Drivetrain, an independent global remanufacturer of automotive powertrain and drivetrain systems, is launching remanufacturing capabilities for electric vehicle systems at its Oklahoma City, OK facility to serve the North American automotive market and at its Zhangjiang, China facility to serve the Asian automotive market.
Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA).
class large LNG fuel tank, giving the vessel enough fuel capacity for an Asia-Europe round trip on a single filling. To date, HHI Group has won orders to build a total of 44 vessels operating on LNG, including bulk carriers, tankers and container ships, earning the leading spot in global shipbuilding orders.
Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.
Plus (formerly Plus.ai), a provider of self-driving truck technology, completed a $200-million round of funding led by new investors Guotai Junan International, CPE, and Wanxiang International Investment. Plus plans to use the new funds to accelerate the global commercialization and deployment of its automated trucking system.
Global electric vehicle production forecast for 2014. rise in global manufacturing of all motor vehicles expected in 2014. In December 2013, IHS projected total global automotive sales in 2014 of 85 million, roughly resulting in an expected approximate 0.5% share for PEVs in the global market this year. Click to enlarge.
Findings released by international think tank the Global CCS Institute show that the total capacity of carbon capture and storage (CCS) facilities operating and under development grew by 33% world-wide over the last year. Source: 2020 Global Status on CCS. World map of CCS facilities at various stages of development.
Power Global and Rap Eco Motors partner to deliver 50,000 made-in-India electric auto-rickshaws built upon the swappable eZee module. Rap Eco Motors delivers premier e-rickshaws nationwide and abroad to countries in Asia, Africa, Europe and South America.
As global auto manufacturers continue to invest in electrified vehicle (EV) production, internal combustion engine (ICE) powertrains dominate future US intentions, with 69% of US consumers looking to retain the technology for their next vehicle, according to Deloitte’s 2022 Global Automotive Consumer Study report.
As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.
A new International Council on Clean Transportation (ICCT) 2 -emissions-commercial-aviation-2018">report finds that aviation emissions are increasing 70% faster than UN projections that already point to a tripling of CO 2 by 2050. of global CO 2 emissions from global fossil fuel use and a 32% increase over the past five years.
MAN Truck & Bus will in future be offering an eBus chassis for the global market. By 2040, sales of zero-emission buses are expected to rise to more than 80% of the global market. First prototypes are to be delivered as early as 2023, series production is slated to start in 2024.
last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. As a result, global energy-related CO 2 emissions rose by 1.7% Most of that came from a young fleet of coal power plants in developing Asia.
Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.
In its new report, “ Global Forecasts for Light Duty Hybrid, Plug-In Hybrid, and Battery Electric Vehicle Sales and Vehicles in Use: 2014-2023 ”, Navigant notes that luxury brands, which have benefited in recent years from increased interest from the developing markets of Asia Pacific, have committed more strongly to plug-in EV platforms.
Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. Driven by Asian markets, global demand for virgin polyolefins is expected to grow above global GDP by 2030. The company can build on a strong position.
After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. —Jon Moore, CEO of BNEF.
billion) over the next five years to create a domestic hydrogen ecosystem—production, distribution, and consumption—through creation of domestic hydrogen infrastructure and also through partnerships with global companies. Korea-based SK Group will invest about 18 trillion won (US$16.4 In the second phase, SK will invest 5.3
Facilitating a Transition to Zero Emission Vehicles in the Global South ” examines the status of zero-emission vehicle (ZEV) uptake across the world and considers how to accelerate the transition. Despite these developments, the global distribution of ZEVs remains deeply uneven, the report says.
CNPC) is an integrated international energy company. Based in China, it has oil and gas assets and interests in more than 30 countries in Africa, Central Asia-Russia, America, the Middle East, Asia-Pacific, and other regions.
Most of this is from electric two- and three-wheelers in Asia, but rising passenger EV sales push this to 2.5 Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024. million barrels per day by 2025. Last ICE in 2038.
New analysis by an international team led by MIT researchers shows that Asia now releases a surprisingly large amount of anthropogenic mercury. Then, in a first application of these techniques to global mercury concentrations, they used this quantitative approach to calculate what measured concentrations implied about their sources.
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