Green Car Congress

APRIL 15, 2023

In its April Oil Market Report , the International Energy Agency (IEA) forecasts that world oil demand will climb by 2 mb/d in 2023 to a record 101.9 Extra cuts by OPEC+ will push world oil supply down 400 kb/d by end of 2023. For the year as a whole, global oil production growth slows to 1.2 mb/d versus 4.6

Oil 186

Oil Ukraine Russia Brazil 186

Green Car Congress

MARCH 21, 2011

Among the statements and agreements emerging from President Obama’s official visit to Brazil and meeting with President Dilma Rousseff were overall support for the US supporting “ the rise of Brazil as a global power ” as well as an agreement to launch a Strategic Energy Dialogue between the two countries.

Brazil 210

Brazil Energy Obama United States 210

Green Car Congress

JANUARY 29, 2013

SG Biofuels) has signed agreements in Brazil with Embrapa (Brazilian Agricultural Research Corporation), the country’s leading agricultural research institution, and with Fiagril, one of the country’s leading biodiesel refiners, to advance the development of Jatropha as a next-generation energy crop. SGB, Inc. (SG

Brazil 199

Brazil Energy Corporation Oil 199

Green Car Congress

JUNE 27, 2012

and Bunge Global Innovation LLC, a wholly-owned subsidiary of Bunge Limited, a global agribusiness and food company, have broken ground on a 100,000 metric ton renewable oil production facility adjacent to Bunge’s Moema sugarcane mill in Brazil. Solazyme, Inc. billion expansion.

Brazil 210

Brazil Renewable Oil Production 210

Green Car Congress

NOVEMBER 26, 2019

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

Coal 243

Coal Clean Cleaning Financing 243

Green Car Congress

APRIL 3, 2012

Solazyme produces tailored oils using heterotrophic algae grown in industrial fermenters. Algae-based renewable oil company Solazyme, Inc. Algae-based renewable oil company Solazyme, Inc. will have an expected annual production capacity of 100,000 metric tons of oil. Source: Solazyme. Click to enlarge. Earlier post.).

Brazil 210

Brazil Oil Renewable Commercial 210

Green Car Congress

DECEMBER 16, 2013

Energy consumption by light-duty vehicles in the United States, AEO2013 and AEO2014, 1995-2040 (quadrillion Btu). LDV energy consumption declines in AEO2014 Reference case from 16.0 Delivered energy demand for heavy-duty vehicles (HDVs) in AEO2014 increases from 5.3 HDV energy demand is tempered somewhat by an average 0.5%

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

FEBRUARY 9, 2018

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. During 2017, proved additions at Upper Zakum in Abu Dhabi totaled more than 800 million barrels of crude oil. Exxon Mobil Corporation added 2.7 Resource Base.

2017 186

2017 Papua New Guinea Oil Guyana 186

Green Car Congress

APRIL 15, 2017

shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. In recent years, U.S. shale output.

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

SEPTEMBER 14, 2011

SG Biofuels (SGB) has teamed with JETBIO, leader of a multi-stakeholder initiative including Airbus, the Inter-American Development Bank, Bioventures Brasil, Rio Pardo Bioenergia, Air BP and TAM Airlines, to accelerate the production of crude Jatropha oil as a source for aviation biojet fuel in Brazil.

Brazil 278

Brazil Fuel Commercial Oil 278

Green Car Congress

NOVEMBER 15, 2012

Separately, Solazyme and Archer-Daniels-Midland Company, a leading global agricultural processor, signed strategic collaboration, manufacturing and market development agreements in which Solazyme and ADM will produce Solazyme’s tailored algal oils in ADM’s advanced fermentation plant at Clinton, Iowa. Solazyme, Inc., Earlier post.).

Oil 239

Oil Renewable Brazil Production 239

Green Car Congress

APRIL 27, 2021

A recent update by The International Civil Aviation Organization (ICAO) now includes carinata as a renewable fuel feedstock for hydroprocessed esters and fatty acids (HEFA) sustainable aviation fuel (SAF) with a similar greenhouse gas (GHG) footprint as waste and residuals, such as used cooking oil, for the same fuel type. Data: ICAO.

Fuel 243

Fuel Waste Renewable Brazil 243

Green Car Congress

DECEMBER 29, 2010

Spain-based Repsol and China-based Sinopec successfully closed the agreement reached in October to develop jointly the exploration and production of its Brazil offshore assets and to create one of the Latin America’s largest private energy companies. billion to Repsol Brazil, resulting in a company valued at $17.8

Brazil 210

Brazil Production Spain Oil 210

Green Car Congress

AUGUST 15, 2011

between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% About one third of this growth came from China, which now uses more than 10% of the world’s oil. The United States, Brazil, Russia, and the Middle East accounted for an additional 48% of the increase. After falling 1.5%

Oil 287

Oil Global Oil-Sands Saudi Arabia 287

Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09

Oil Prices 268

Oil Prices Oil Price Carbon 268

Green Car Congress

JANUARY 3, 2014

An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e.,

Estonia 236

Estonia Oil Cleaner Jordan 236

Green Car Congress

DECEMBER 14, 2009

Novozymes, an international enzymes and microorganisms company, has entered two new research partnerships in Brazil. Sugarcane bagasse is a potentially abundant source of energy for Brazil. According to estimates, bagasse could meet 20% of Brazil’s energy consumption by 2020.

Brazil 210

Brazil Polymer Waste Convert 210

Green Car Congress

DECEMBER 15, 2017

Petrobras and ExxonMobil will evaluate areas of mutual interest that can bring together their world-class experience across all sectors of the oil and gas production value chain, including opportunities for cooperation in exploration, production, gas and chemicals both inside and outside Brazil.

Brazil 150

Brazil Oil Gas 2017 150

Green Car Congress

MARCH 21, 2021

When operational, Enegix Energy’s planned Base One facility in Ceará, Brazil will produce more than 600 million kilograms of green hydrogen annually. The highly ambitious new-build electrolysis facility will be powered entirely by renewable energy, initially 3.4 Base One is anticipated to take three to four years to build.

Hydrogen 308

Hydrogen Green Brazil Renewable 308

Green Car Congress

JULY 28, 2014

In a new report ( Transportation Forecast: Global Fuel Consumption ), Navigant Research forecasts total road transportation energy consumption will grow from 81.1 The United States is currently the largest consumer of energy in the road transportation sector, with nearly 23.1 of total energy consumption by 2035.

Transportation 255

Transportation Global Fuel Alternative Fuels 255

Green Car Congress

JANUARY 7, 2018

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. billion recoverable oil-equivalent barrels. Wood Mackenzie currently expects around 350,000-400,000 b/d of oil production (just oil, not factoring in natural gas) by 2026 from there.

Guyana 150

Guyana Oil South America Suriname 150

Green Car Congress

AUGUST 7, 2014

Solaris energy tobacco is optimized for seed production for energy applications, not leaf production. Boeing, South African Airways (SAA) and SkyNRG are collaborating to make sustainable aviation biofuel from Solaris, a new hybrid tobacco plant optimized for seed production for energy applications. Click to enlarge.

South Africa 287

South Africa Convert Africa Energy 287

Green Car Congress

FEBRUARY 15, 2013

The UK government’s Department of Energy and Climate Change (DECC) approved the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field. The average production is estimated at around 55,000 barrels of oil per day over the plateau period from 2017 to 2020. Location of the Mariner field.

Mariner 225

Mariner Oil Climate Change 2007 225

Green Car Congress

MARCH 12, 2010

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 Devon and BP will also form a heavy oil joint venture to develop BP’s Kirby oil sands leases in Alberta, Canada. billion in cash. BP group chief executive Tony Hayward.

Oil-Sands 186

Oil-Sands Oil Azerbaijan Mexico 186

Green Car Congress

DECEMBER 5, 2022

Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.

Hydrogen 397

Hydrogen Renewable Europe Green 397

Green Car Congress

MARCH 20, 2012

Pike Pulse Grid for oil majors commercializing biofuels. With “easy oil” increasingly difficult to source and with an obvious stake in the future of the $2 trillion transportation fuel market, the world’s largest oil companies have begun charting strategies to bring biofuels to market at scale. Source: Pike Research.

Oil 246

Oil Commercial Brazil Chevron 246

Green Car Congress

DECEMBER 9, 2010

Brazil’s largest airline, TAM Airlines; Curcas Diesel Brasil, a company promoting Jatropha curcas as the key feedstock for the global biodiesel industry; and Brasil Ecodiesel , the country’ largest biodiesel producer, will collaborate to conduct feasibility studies to implement an integrated project for the. New Energies.

Brazil 199

Brazil Renewable Fuel Production 199

Green Car Congress

OCTOBER 5, 2010

VTT Technical Research Centre of Finland and Kemira Oyj are opening a new joint R&D center in São Paulo, Brazil. Important focus areas will be biomass, bioethanol, pulp and applications for the oil and mining industries. In addition to Kemira, VTT also hopes to form close partnerships with other Finnish enterprises in Brazil.

Brazil 170

Brazil Water Finland 2010 170

Green Car Congress

JANUARY 19, 2011

In both the base-case and a scenario with more aggressive environmental policies, CO 2 emissions from energy use remain well above the IEA 450 scenario. Non-OECD countries are seen to rapidly increase their share of overall energy demand from just over half currently to two-thirds. Click to enlarge. per year.

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

AUGUST 26, 2010

Solazyme is an algal biotechnology company that produces renewable oils and biomaterials in standard fermentation facilities. The strategic investment represents a foundational step for the two companies to collaborate at critical portions of a new value chain enabled by Solazyme’s sugar to oil technology platform.

Oil 210

Oil Renewable Companies Chevron 210

Green Car Congress

JANUARY 1, 2014

Earlier in December, Cobalt International Energy announced a significant discovery at its Lontra well in the pre-salt play offshore Angola, in which BP holds a 30% interest. BP also confirmed the recently-announced Pitu oil discovery in the frontier deepwater of the Potiguar basin off Brazil’s equatorial margin, announced by Petrobras.

Angola 220

Angola Mexico Brazil 2013 220

Green Car Congress

OCTOBER 24, 2017

Vastly expanding sugarcane production in Brazil for conversion to ethanol could reduce current global CO 2 emissions by as much as 5.6%, according to a new study by an international team led by researchers from the University of Illinois. The team looked at three scenarios that would increase the sugarcane footprint in Brazil between 37.5

Brazil 150

Brazil Emissions Global Climate Change 150

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

DECEMBER 10, 2014

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. Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040.

Energy 252

Energy Global 2010 Oil-Sands 252

Green Car Congress

JULY 25, 2013

World energy consumption by fuel type, 2010-2040. The US Energy Information Administration’s (EIA’s) International Energy Outlook 2013 (IEO2013) projects that world energy consumption will grow by 56% between 2010 and 2040, from 524 quadrillion British thermal units (Btu) to 820 quadrillion Btu. Liquid fuels.

2010 317

2010 Transportation Fuel Energy 317

Green Car Congress

MAY 30, 2019

ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. In Brazil, the company has acquired 2.3

Papua New Guinea 191

Papua New Guinea Emissions Carbon Guyana 191

Green Car Congress

APRIL 18, 2012

USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources of the world. These new estimates are for conventional oil and gas resources only. Geological Survey (USGS) released today.

Oil 218

Oil Oil-Sands Gas Global 218