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IHS Markit says outlook for crude oil prices strengthens through 2021

Green Car Congress

Oil markets have returned to relatively stable ground with Brent prices within a narrow $40-$45 per barrel range and could conclusively pass the $50 per barrel mark in the second half of 2021, according to Roger Diwan and the IHS Markit Energy Advisory Service. bbl in 2020 and $49.25/bbl bbl in 2021—up $7.09/bbl bbl and $5.25/bbl,

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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

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The data and analytics company notes that such actions will simply mean Western countries will be more reliant on Russian oil and gas for longer. Geopolitical issues such as the Russia-Ukraine situation disturb the fine balance of battery metal supply chains. Trading had yet to resume as of 10 March.

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Aramco, Shandong Energy to collaborate on downstream projects in China; cooperation across H2, renewables and carbon capture technologies

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The Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, and Shandong Energy Group, are exploring collaboration on integrated refining and petrochemical opportunities in China.

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Platts Report: China oil demand up 5.3% in December to historic high; overall demand in 2014 increased 3%

Green Car Congress

China’s apparent oil demand in December rose 5.3% million barrels per day (b/d)—the highest absolute demand on record—according to a just-released Platts analysis of Chinese government data. China’s apparent oil demand in 2014 rose 3% from a year before to an average of 10.1 year over year to 44.96 million mt.

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COMAC of China, Boeing open Energy Conservation Center; first focus on aviation biofuel from waste cooking oil

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The Boeing-COMAC Technology Center’s first research project will explore opportunities to refine waste cooking oil, often described in China as “gutter oil,” into sustainable aviation biofuel. Finding ways to convert discarded “gutter oil” into jet fuel could enhance regional biofuel supplies and improve biofuel’s affordability.

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CMU, Ford, Drexel study suggests Chinese more receptive to adopting BEVs than Americans, regardless of subsidies

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Results from a study by a team from Carnegie Mellon University, Ford and Drexel University suggest that Chinese consumers are more receptive to adopting battery-electric vehicles (BEVs) than their American counterparts, regardless of subsidies. The study is published in the journal Transportation Research Part A. —Helveston et al.

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Comment on Nio to report Q4 earnings on Mar 5 by John Hanna

CN EV Post

Lucid, like NIO has some Middle East oil money keeping it afloat for the moment - but the wealthy Arabic investors are businessmen, not sympathizers to Western or Chinese retail investors. who will stand behind the warranty you thought you had? A friend of our family bought an original Fisker Karma back in 2010.

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