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EIA expects record global petroleum consumption in 2024, with lower crude oil prices

Green Car Congress

EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. Areas of uncertainty include Russian oil supply and OPEC production. per gallon in 2024.

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Technoking of Tesla Elon Musk to speak at ONS Conference

Teslarati

The nonprofit says that it believes that the “the sustainable energy future must be built on the shoulders of the oil and gas industry.” In contrast to general wishes and political aspirations, the consumption of oil, gas, and coal is still growing, while unrest also excludes more energy from the market.

Tesla 98
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IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. In the New Policies Scenario, the WEO ’s central scenario, the United States becomes a net exporter of natural gas by 2020 and is almost self-sufficient in energy, in net terms, by 2035.

Global 225
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Technology Centre Mongstad carbon capture testing facility officially opens

Green Car Congress

Located at the Mongstad oil refinery northeast of Bergen, Norway, the technology center will have access to flue gas from the natural gas combined heat and power plant and the flue gas from the refinery cracker. Aim at international development. The CO 2 contents are about 3.5% The CO 2 contents are about 3.5%

Carbon 210
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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

Green Car Congress

Japan-based INPEX Corporation and its joint venture partner Total have made the final investment decision (FID) for the Ichthys liquefied natural gas (LNG) project in Australia, representing an investment of US$34 billion dollars. Total Gas & Power Limited, the gas trading subsidiary of Total, will also purchase 0.9

Australia 210
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The Dirty Truth of Petrol & Diesel Vehicles

Plug In India

Diesel or petrol starts as oil, on average 1,798 meters below the surface of the earth. A great deal of oil is extracted using what is called a pumpjack. The electricity usage for the 1,42,054 onshore wells that supply oil to India is over 1,415 GWh a month! That's just oil wells on land. What about deep sea drilling?

Petrol 59
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Naysayer Alert – the hydrogen red herring

My Electric Car

The energy stored within hydrogen has been imparted from electrical energy through the electrolytic hydrogen production process or more likely in the refinement of fossil fuels such as coal seam (methane) gas – both are energy intensive processes in themselves. . The reasons are numerous. .