Green Car Congress

APRIL 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

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Green Car Congress

OCTOBER 13, 2011

According to a new report from Pike Research, the increased production and consumption of biofuels will more than double the industry’s market value in the next decade. Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate.

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Global Market Financing Oil Prices 225

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. When oil prices go up, people buy fuel efficient cars.

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Oil Supplies Market Oil Prices 150

Green Car Congress

APRIL 18, 2020

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

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2020 Commercial Global Production 191

Green Car Congress

DECEMBER 21, 2015

In a new report, Electric Vehicle Market Forecasts , Navigant research projects that under its base scenario, global sales of light duty electrified vehicles (i.e., The growth of PEV market share will be aided in part by the number and variety of PEV offerings coming to the market over the next several years.

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Light Sale Global Oil Prices 150

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

NOVEMBER 7, 2019

US shale production—the chief source of rapid growth that made the United States the world’s largest oil producer—is slowing down fast, says a new report by IHS Markit. The combination of closed capital markets and weak prices are pulling cash out of the system. Modest growth is expected to resume in 2022.

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Oil Price Oil Prices Production 170

Green Car Congress

MARCH 27, 2020

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 during the global recession in 2008/2009. million units. million units, down by at least 15.3%

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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

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. by Cyril Widdershoven for Oilprice.com.

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Green Car Congress

SEPTEMBER 5, 2011

In a newly released report, market analyst Visiongain has calculated the Arctic oil and gas exploration and production market to be worth $11.93 Although oil and gas have been produced in the Arctic region for years, many of the vast oil and gas fields that initiated interest in the Arctic are in decline.

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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

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. shale production, new oil discoveries, and new project start-ups also differ a lot. shale output. million bpd.

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Oil Supplies Oil Prices 2017 150

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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Oil Prices Libya Oil Nigeria 150

Green Car Congress

OCTOBER 2, 2019

Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

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Oil Gas Oil Prices Water 199

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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Oil Prices Oil Price India 150

Green Car Congress

AUGUST 23, 2011

2010 global automotive materials market by revenue (top) and volume (bottom). On one hand, it encourages the incorporation of recyclable lightweight materials in passenger vehicles and on the other, it hinders the market growth of thermosets and carbon composites. Source: Frost & Sullivan. Click to enlarge. Competitive scenario.

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2017 Automobile Market Polymer 210

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

MAY 13, 2015

Saudi Arabia continues to ratchet up production, taking market share away from US shale producers. 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. million barrels.

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Saudi Arabia Oil Prices Oil Price 150

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.”

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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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Green Car Congress

APRIL 3, 2022

The research project thus has the potential to allow for more efficient and economical transport of hydrogen, which can in turn contribute to the expansion of global hydrogen supply chains. The project builds on previous work by the group of companies, along with researchers from NTU and the NUS.

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Singapore Hydrogen Corporation Japan 150

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. Low oil prices will sooner or later force a cutback in production.

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Green Car Congress

JANUARY 7, 2015

Responding to press articles saying that the collapse of the global oil price is threatening oil and gas production in the off-shore Brazil pre-salt layer, Petrobras countered that it is expanding its production capacity “in an economically viable manner.”

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Oil Oil Prices Gas Production 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.

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Oil 2010 2020 Global 210

Green Car Congress

NOVEMBER 11, 2010

Advanced biofuels, concentrated solar power (CSP), and solar photovoltaic power (PV) will see accelerating adoption and growth and are on track to change the global energy mix far earlier than is often assumed, according to a new report from The Boston Consulting Group (BCG). Click to enlarge. Click to enlarge.

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Solar Boston Consulting Group Power Powered 295

Green Car Congress

MARCH 23, 2017

It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by OPEC to rebalance the market. Having a smaller footprint globally would, in turn, mean that OPEC would wield less influence over the price of oil.

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Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

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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

OCTOBER 29, 2015

OPEC altered the course of the oil markets last year when it decided to cast aside its traditional role of maintaining balance through production cuts. Instead it pursued a strategy of fighting for market share, contributing to an immediate rout in oil prices.

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Green Car Congress

OCTOBER 28, 2015

Royal Dutch Shell plc will not continue construction of the 80,000 barrel per day Carmon Creek thermal in situ oil sands project located in Alberta, Canada. After careful review of the potential design options, updated costs, and the company’s capital priorities, Shell’s view is that the project does not rank in its portfolio at this time.

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Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

JUNE 20, 2011

Separately, a new report by Pike Research forecasts that green chemistry represents a market opportunity that will grow from $2.8 billion pound, $3-billion worldwide market. Genomatica expects Bio-BDO to be competitive at oil prices of $45 per barrel or at natural gas prices of $3.50 billion in 2011 to $98.5

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Green Car Reports

OCTOBER 26, 2009

market today. But in the face of the car-market meltdown, oil prices that have risen from $30 to $80 a barrel within months, and growing global environmental concerns, rules, and regulations, Honda has. Honda has the highest average fleet mileage of any volume carmaker selling in the U.S.

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Honda Oil Prices Companies Cars 101

Green Car Congress

NOVEMBER 18, 2015

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

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Saudi Arabia Oil Europe Russia 150

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

SEPTEMBER 2, 2015

The first quote modifies a GEICO commercial describing a free-range chicken (If you’re a free range chicken, you roam free, that’s what you do), the second, the famous John Maynard Keynes quote about markets (The market can stay irrational longer than you can stay solvent), the third, another famous Keynes quote (In the long run, we’re all dead).

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