Green Car Congress

OCTOBER 6, 2017

TransCanada Corporation is halting the application process for its proposed Energy East Pipeline and Eastern Mainline projects in Canada. Energy East was to have been a 4,500-kilometer pipeline that would have transported approximately 1.1 Transcanada began the application process in 2013, when oil prices were substantially higher.

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Green Car Reports

MAY 4, 2020

Energy demand and oil prices have been in a nosedive, and that could be a good thing for renewable energy. Two tech companies with range-anxiety-soothing ideas have been nudged to the next level by investors. And why did sales sink so dramatically for the two top-selling electrified vehicles in the U.S.

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Renewable Oil Prices Energy Sale 104

Green Car Congress

JANUARY 31, 2017

If the proposed broad 20% border-adjustment tax were implemented and applied to the energy sector, the result would likely lead to a large increase in gasoline prices and a big premium in domestic oil prices vs. international, according to new analysis by Bloomberg Intelligence. Pump prices could rise an average $0.30

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Green Car Congress

JANUARY 23, 2019

Some level of DUCs is normal, but the ballooning number of uncompleted wells has repeatedly fueled speculation that a sudden rush of new supply might come if companies shift those wells into production. The latest crash in oil prices once again raises this prospect. The calculus on completing wells can cut two ways.

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Oil Oil Prices 2019 Price 236

Green Car Congress

OCTOBER 29, 2015

Instead it pursued a strategy of fighting for market share, contributing to an immediate rout in oil prices. OPEC is widely expected to continue its current strategy at its next meeting, and as such, no rebound in oil prices is expected, at least not because of the results of the group’s meeting in Vienna.

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Saudi Arabia Price Iraq Oil Prices 150

Green Car Congress

JULY 18, 2020

Their open-access paper appears in the journal Nature Energy. There are studies that discuss the impacts of unexpected natural hazards and/or disasters on energy demand and/or consumption and studies that evaluate the impacts of previous pandemics on tourism and economics. Nat Energy doi: 10.1038/s41560-020-0662-1.

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Gasoline Motor Motoring Motors 505

Green Car Congress

NOVEMBER 23, 2017

At the company’s Capital Markets Day 2017 in Johannesburg, South Africa, Sasol management said that the company will no longer pursue its proposed ) project in the US ( earlier post ) and furthermore will not invest in additional greenfields gas-to-liquids (GTL) projects. —Stephen Cornell.

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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.

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Green Car Congress

JULY 22, 2015

With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. But with rising negative sentiment pertaining to oil prices, is U.S.

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Green Car Congress

JULY 28, 2015

As if being the world’s biggest exporter of oil was not enough, the desert kingdom is now looking to conquer the refining sector as it has quickly become the fourth largest refiner in the world. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy. By offering almost 2.8 In fact, at $5.60

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Electric Auto Association

JULY 7, 2022

The market pricing for vehicle fuels depends largely on global supply/demand and foreign crises with the net result of sometimes extreme price volatility. The global petroleum market is complex and there are certainly other impacts to consumer fuel pricing, but global oil prices are the largest component.

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West Virginia Virginia Energy Oil Prices 52

Green Car Congress

DECEMBER 23, 2016

Oil prices are probably already high enough to spark a rebound in shale production. Even when US oil production hit a peak at 9.7 Indeed, shale companies were coming off of one of their worst quarters in terms of cash flow in recent history. by Nick Cunningham of Oilprice.com. That isn’t a typo.

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Green Car Congress

JUNE 10, 2011

Synthesis Energy Systems, Inc., an energy and gasification technology company, has received a $5.0 million strategic investment from fertilizer company Zuari Industries Limited of India in exchange for approximately 2.2 million shares of SES common stock. —H.S. Bawa, Vice Chairman of Zuari.

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Green Car Congress

JUNE 27, 2018

During the last three years, companies operating in the Permian basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. On 25 June, the price of a 42-gallon barrel of West Texas Intermediate Crude (WTI) was $68.08.

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Oil Chevron Texas New Mexico 236

Green Car Congress

DECEMBER 8, 2020

US motorists stayed off the road during the Thanksgiving holiday in overwhelming numbers as the coronavirus surged across the country, according to the latest weekly survey of retail fuel stations by OPIS, an IHS Markit company. A persistent rebound in global oil markets requires profitability in transportation products.

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Gasoline 2020 Wyoming New Jersey 321

Green Car Congress

APRIL 3, 2022

Liquid organic hydrogen carriers are flexible media for the storage and transportation of renewable energy. In addition, the Japanese government is supporting Singapore’s energy transition by leveraging on Japanese companies’ technologies such as Chiyoda’s SPERA Hydrogen under the Asia Energy Transition Initiative.

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Green Car Congress

MAY 13, 2015

The resulting crash in oil prices is forcing some production out of the market, and Saudi Arabia intends for the brunt of that to be borne by others. There is a lag between movements in the oil price and corresponding changes in production. But the effects of the oil price crash are now being felt.

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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. “

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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.

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Green Car Congress

NOVEMBER 26, 2015

That spells more pain for the energy sector. Many companies have already slashed spending and culled their payrolls, but the total number of job losses continues to climb. an industry consultant, oil and gas companies have laid off more than 250,000 workers around the world, a tally that will rise if oil prices remain in the dumps. “I

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Green Car Congress

AUGUST 31, 2016

The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas. The companies are essentially creating a pure play company to target the Delaware Basin in the Permian, the latest vote of confidence for a region that is undergoing a resurgence.

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Oil Prices Oil Fort Worth Texas 170

Green Car Congress

JUNE 27, 2012

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 Such an increase in capacity could prompt a plunge or even a collapse in oil prices, he suggests.

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Oil Oil-Sands Price Production 261

Green Car Congress

AUGUST 25, 2016

The official chatter is that the OPEC meeting in Algeria from September 26 to 28 could conclude with an agreement to freeze production by the member nations, with even Russia joining forces in a freeze that may prevent further oil price erosion. But lets rewind a bit to the nature of the recent chatter.

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EV Connect

JULY 5, 2022

For many drivers there is a basic understanding of how traditional gasoline pricing functions: Oil prices based on availability and proximity in large part dictate how much a driver will pay at the pump. Pricing at a Glance Charging up your electric car at home sets a pricing baseline.

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Price Charging Gasoline-Electric Gas-Electric 52

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

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Papua New Guinea Emissions Carbon Guyana 191

Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. This will, of course, come at a cost for energy-hungry regions or consumers.

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Green Car Congress

AUGUST 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. With a bear market back, there is pessimism throughout the oil markets. However, the WTI/Brent spread has shrunk more dramatically since the collapse in oil prices.

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Green Car Congress

JULY 13, 2016

The rig count has rebounded from the lows seen in late May, a small indication that oil companies in the US could begin drilling anew. Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies.

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Oil Industry Industrial Oil Prices 150

Green Car Congress

APRIL 25, 2010

has built and delivered 12 dimethyl ether (DME) feed pumps to Shanghai Diesel Engine Company. The company developed this first generation feed pump several years ago and has sold units into Korea, to the Korean Institute for Energy Research, and to a European engine manufacturer. Alternative Fuel Technologies, Inc.

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Alternative Fuels Diesel Engine Companies 231

Green Car Congress

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. The price acts as a self-correcting mechanism.

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Green Car Congress

JANUARY 31, 2018

shale companies, and found that “despite rising prices most firms under our study are still in losses with no signs of improvement.” The average return on asset for US shale companies “is still a measly 0.8 percent,” the financial services company wrote in its report. Not everyone is posting poor figures.

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Industry Industrial Oil 2017 207

Green Car Congress

MAY 12, 2011

Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with 64% predicting crude prices to exceed $121 per barrel. Only 35% think current crude prices are near the high they expect for oil this year, predicting the peak will be between $111 and $120 per barrel.

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Oil Energy 2011 Wind 225

Green Car Congress

MARCH 3, 2017

The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. The collapse of oil prices forced the majors to slash spending on exploration, cut employees, defer projects, and look for efficiencies. per barrel, rising to $36.50.

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Oil 2011 Oil Prices Chevron 150

Green Car Congress

APRIL 10, 2015

Simply put, the world has too much oil at the moment which has resulted in the reduction of price levels from approximately $100 to $50 a barrel, and OPEC (as well as US shale producers) has a major role to play in this supply glut. It also has the fifth largest proven crude oil reserves in the world.

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Green Car Congress

MARCH 27, 2020

MMb/d, according to the US Energy Information Administration (EIA). EVs also face another headwind with the low price of oil prices, making them less competitive in terms of fuel cost savings vis-à-vis their internal combustion engine counterparts. million barrels per day (MMb/d) during the COVID-19 response period.

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Green Car Congress

MAY 20, 2015

Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent in two months, and Brent has jumped by more than 25 percent. But that cut in production has itself contributed to the rise in prices. A series of companies came out in recent days with plans to resume drilling.

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Oil North Dakota Oil Prices Price 150

Green Car Congress

OCTOBER 25, 2015

October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the industry that would sow the seeds of a rebound. A new Jeffries report says that only $450 million in borrowing bases have been cut, across more than 20 companies.

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