Green Car Congress

DECEMBER 11, 2014

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s latest forecast. OPEC’s monthly report said demand for the cartel’s oil will fall to 28.9 Abhishek Deshpande, an oil market analyst at Natixis, agreed.

Oil Prices 199

Oil Prices Oil 2015 Price 199

Green Car Congress

JUNE 18, 2022

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 While higher prices and a weaker economic outlook are moderating consumption increases, a resurgent China will drive gains next year, with growth accelerating from 1.8 mb/d this year, world oil demand is forecast to expand by 2.2

Oil 210

Oil Global Libya Russia 210

Green Car Congress

JULY 6, 2018

When reports emerged that India and China are in talks about forming an oil buyers’ club , OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. The timing is right.

Oil 170

Oil India Oil Prices Japan 170

Green Car Congress

JULY 6, 2018

When reports emerged that India and China are in talks about forming an oil buyers’ club , OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. The timing is right.

Oil 150

Oil India Oil Prices Japan 150

CN EV Post

DECEMBER 5, 2022

Demand in China's NEV market has held steady amid high international oil prices, the CPCA said. The post China's Nov wholesale sales of passenger NEVs hit record 732,000, CPCA estimates show appeared first on CnEVPost. For more articles, please visit CnEVPost.

China 92

China Sale Oil Prices Oil 92

CN EV Post

JULY 20, 2022

High oil prices are helping NEVs replace ICE vehicles, and the latter have more raw material costs including copper and aluminum. The post China's NEV industry currently immune to inflation, analysts say appeared first on CnEVPost. For more articles, please visit CnEVPost.

Industrial 93

Industrial Industry China Oil Prices 93

CN EV Post

AUGUST 8, 2022

Improved supply and expectations of higher oil prices have kept the NEV market booming with strong order books, the CPCA said. The post China's wholesale sales of passenger NEVs total 564,000 units in July, CPCA data show appeared first on CnEVPost. For more articles, please visit CnEVPost.

China 84

China Oil Prices Sale Oil 84

Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. told the WSJ. “

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

MARCH 13, 2016

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices.

Argentina 150

Argentina Oil Oil Prices Chevron 150

Green Car Reports

FEBRUARY 9, 2016

Today, a proposed bill could cut Georgia's electric-car fee, an advocate makes the case for diesel pickup trucks, and a huge trader believes oil prices will remain low for a decade. The Tesla Model X electric crossover will go on sale in China before Europe. All this and more on Green Car Reports.

Oil Prices 60

Oil Prices Georgia Oil Diesel 60

Green Car Congress

NOVEMBER 15, 2014

Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. Global oil demand is expected to increase by 37 percent by 2040, with a dominant proportion of that coming from developing countries—i.e. China and India.

Oil 257

Oil Iraq Oil-Sands Supplies 257

Green Car Congress

DECEMBER 5, 2018

million barrels daily, including from Russia, to reverse the free fall of oil prices. A recent report from Capital Economics said Saudi Arabia has its problems but it could withstand lower oil prices without feeling too much of a pinch. Saudi Arabia cannot afford another slump in oil prices,” he warns. “It

Saudi Arabia 255

Saudi Arabia Oil Prices Russia Oil 255

Green Car Congress

JANUARY 6, 2022

The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. Meanwhile, mainland China has already become the top global importer of LNG. MMt, up 5.8% increase or 12.3

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Qatar China United States Brazil 186

Green Car Congress

SEPTEMBER 20, 2011

Worldwide energy consumption will grow by 53% between 2008 and 2035 with much of the increase driven by strong economic growth in the developing nations, especially China and India, according to the reference case in the newly released International Energy Outlook 2011 (IEO2011) from the US Energy Information Administration (EIA).

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

AUGUST 23, 2012

Increased activity in the Exploration and Production (E&P) sector will be the primary driver in pushing oil and gas capital expenditure (capex) to $1.039 trillion for 2012, according to the latest report by business intelligence firm GlobalData. GlobalData predicts Asia-Pacific to follow very closely with a capex of $253.1

Oil 210

Oil 2012 Oil-Sands Gas 210

Green Car Congress

JUNE 13, 2012

Oil remains the world’s leading fuel, but its 33.1% China alone accounted for 71% of energy consumption growth. Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% Source: BP.

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

JULY 14, 2011

Proponents of the concept of peak oil supply argue that the world faces a situation—possibly very soon—in which its capacity to produce oil hits a ceiling, with demand subsequently having to adjust as supply begins to decline and alternatives to oil move into the market to fill the gap. Earlier post.).

Oil 225

Oil Oil Prices Climate Change Supplies 225

Green Car Congress

MAY 13, 2015

According to OPEC's latest monthly oil report , Saudi Arabia boosted its oil output to 10.31 That was enough for the de facto OPEC leader to claim its highest oil production level in more than three decades. There is a lag between movements in the oil price and corresponding changes in production. million barrels.

Saudi Arabia 150

Saudi Arabia Oil Prices Oil Price 150

Green Car Congress

JULY 20, 2012

savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. Emissions from OECD countries now account for only one third of global CO 2 emissions—the same share as that of China and India. the United States (16%). India (6%).

2011 236

2011 Emissions CO2 Global 236

Green Car Congress

JULY 7, 2016

Since late 2014, the production of crude oil has outpaced demand, triggering a sustained collapse in world oil prices, which have remained mostly below $50 per barrel. As a result, these low prices have put pressure on the market for natural gas vehicles (NGVs) and the corresponding refueling infrastructure.

Gas 150

Gas Oil Prices Fuel Economy Oil 150

Green Car Congress

MARCH 14, 2019

From 2017 to 2018, PEV sales doubled in North America, and sales in Europe and China increased 39% and 77%, respectively, according to a new report from Navigant Research. —Scott Shepard, senior research analyst with Navigant Research. Though PEV market growth has been considerable, challenges remain.

Alternative Fuels 207

Alternative Fuels Future Plug-in Fuel 207

Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.”

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

DECEMBER 16, 2013

Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 While domestic crude oil production is projected to level off and then slowly decline after 2020 in the Reference case, natural gas production grows steadily, with a 56% increase between 2012 and 2040, when production reaches 37.6

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

FEBRUARY 12, 2019

CAR said that a number of positive factors support a high level of US light vehicle sales, including: Projected moderate US economic output growth in 2019; Historically low US unemployment rates; Relatively low oil prices continue through 2020; Underlying nominal wage growth continues; High levels of consumer confidence were reached in Q4 2018; and.

2019 170

2019 Light Sale Mexico 170

Green Car Congress

JANUARY 16, 2012

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012. —Ronyld W.

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El Paso 2011 Oil Gas 225

Green Car Congress

SEPTEMBER 13, 2020

Many molybdenum-containing steels and catalysts are used by the oil & gas industry, making molybdenum particularly sensitive to oil & gas market developments. In the first half of 2020, the Brent crude oil price crashed from US$67.3/bbl The price has since recovered but remains well below levels seen in 2019.

2020 186

2020 2019 2018 Oil 186

Green Car Congress

JUNE 1, 2009

China will raise gasoline and diesel benchmark retail prices by 400 yuan (US$58.6) The benchmark retail price for gasoline would increase by 7 percent and the price of diesel by 8 percent, said a statement on the NDRC website. It is the third oil price adjustment this year. People’s Daily.

Gasoline 150

Gasoline Diesel Price China 150

Green Car Congress

NOVEMBER 7, 2011

Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. The world is nearing a paradigm shift in oil demand. Lindemer LLC.

Oil 210

Oil 2010 2020 Global 210

Green Car Congress

MARCH 27, 2020

IHS Markit downgraded its expectations for Mainland China by 2.3 China is expected to show signs of bottoming out through the second half of 2020, but the scale of the economic slowdown will likely lead to some destroyed demand. A fall of 12% for 2020 would be considerably worse than the two-year peak-to-trough decline of 8.0%

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Gasoline 2020 Gasoline-Electric 2008 269

Green Car Congress

FEBRUARY 23, 2017

China is the global leader in methanol use and has recently expanded its methanol production capacity. The estimates developed in the study have now been incorporated into EIA’s historical data and forecasts of petroleum and other liquids consumption in China. Annual methanol consumption in China, 2000-16. Methanol in China.

2000 150

2000 2016 Fuel China 150

Green Car Congress

JANUARY 23, 2012

Under the Reference case, domestic crude oil production is expected to grow by more than 20% over the coming decade; already, domestic crude oil production increased from 5.1 Over the next 10 years, continued development of tight oil (e.g., Over the next 10 years, continued development of tight oil (e.g.,

Oil 210

Oil 2005 Production 2010 210

Green Car Congress

AUGUST 27, 2013

The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 The rapidly industrializing economies of China and India fueled much of Asia’s demand increase, growing 2.8 Year-on-year changes in petroleum consumption by region. million bbl/d. North America.

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North America 2012 America Europe 261

Green Car Congress

NOVEMBER 4, 2019

in 2018, driven in large part by the People’s Republic of China, India and the United States, which were responsible for 70% of demand growth. In China and India, primary intensity improved by almost 3%, a slight drop on 2017 levels. Oil represented the largest share of final demand, at around 41%, but demand growth slowed to 1.5%

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Global Energy 2018 Coal 150

Green Car Congress

AUGUST 29, 2016

It will also establish fast transportation links connecting Astana and Aktobe with the major oil and mineral–rich city of Atyrau, and the country’s only international commercial seaport in Aktau.

Kazakhstan 150

Kazakhstan Connect Connected Transportation 150

Green Car Congress

DECEMBER 21, 2015

Although conventional light-duty hybrids are facing declining sales in North America and have failed to grow significantly in China, growing interest in Europe and consistent support in Japan will grow the market at a healthy CAGR of around 4.7% Electric Vehicle Market Forecasts”. through 2024, according to Navigant.

Light 150

Light Sale Global Oil Prices 150

Green Car Congress

JUNE 20, 2018

dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world. dollar to go up, which is putting downward pressure on prices,” Phil Flynn, analyst at Price Futures Group in Chicago, told Reuters. But the U.S.

Oil Prices 150

Oil Prices Oil Price Argentina 150

Green Car Congress

JUNE 26, 2009

In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Fossil oil consumption decreased by one per cent, due to high prices and more biofuels.

2008 170

2008 Oil Renewable Emissions 170