article thumbnail

BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

BYD and Uzavtosanoat JSC (UzAuto) signed an agreement to establish a joint venture company producing new energy vehicles (NEVs). UzAuto companies produce a range of vehicles from light passenger vehicles to heavy-duty trucks, buses, trailers and superstructures with an annual production volume of more than 350,000 vehicles per year.

article thumbnail

Alpiq, EW Höfe and SOCAR Energy planning 10MW electrolysis plant in Switzerland for green hydrogen

Green Car Congress

Alpiq, EW Höfe and SOCAR Energy Switzerland are looking into the feasibility of installing an electrolysis facility with a capacity of up to 10 MW in Freienbach, Switzerland. The facility will thus set new standards in terms of overall efficiency and make an important contribution to Switzerland’s climate friendly energy supply.

article thumbnail

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

Green Car Congress

Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). It will see production rise across all regions of the world, with the exception of Europe, where it will decline by 70% by 2050.

article thumbnail

Devon Energy and BP Enter Into $7.0B Property Sales Agreement and Oil Sands Joint Venture

Green Car Congress

Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 The undeveloped Kirby oil sands leases are in the south east of the Athabasca region of Alberta, close to the Devon-operated Jackfish development, which started production in 2007.

Oil-Sands 186
article thumbnail

Global geothermal industry passes 12,000 MW operational

Green Car Congress

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Ormat Technologies, and AltaRock Energy. It was built by US Geothermal and TAS Energy.

article thumbnail

BP starts up Na Kika Phase 3 in ultra-deepwater Gulf Of Mexico

Green Car Congress

BP announced the start-up of Na Kika Phase 3, a project supporting BP’s strategy of growing high-margin production at four BP-operated hubs in the ultra-deepwater Gulf of Mexico. The first Na Kika Phase 3 well began oil production on 19 February, with a second well expected to start up in the second quarter.

Mexico 220
article thumbnail

EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

Green Car Congress

The US Energy Information Administration (EIA) estimates in the April 2010 release of its Short-Term Energy and Summer Fuels Outlook that CO 2 emissions from fossil fuels, which declined by 6.6% in 2011 as economic growth fuels higher energy consumption. US crude oil production averaged 5.32 Source: EIA. Click to enlarge.

2008 186