Remove Diesel Remove Gas Remove Market Remove Oil
article thumbnail

EIA expects continued high prices for diesel and home heating oils

Green Car Congress

The US Energy Information Administration (EIA) expects that low inventories of distillate fuels, which are primarily consumed as diesel fuel and heating oil, will lead to high prices through early 2023. Inventories are just one part of the supply equation for diesel and other distillates. EIA forecasts Russia will produce 9.3

Oil 334
article thumbnail

Casterra to sell castor seeds for cultivation to leading oil and gas company; $9.1M initial purchase

Green Car Congress

signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. Casterra’s high-yield, high-oil castor seed varieties are optimized for biofuel production to support the growing market of sustainable energy.

Oil 276
article thumbnail

T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand

Green Car Congress

Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries. C carbon budget.

Oil 370
article thumbnail

IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

Green Car Congress

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

Oil 300
article thumbnail

Production of renewable diesel restarted at the expanded part of Neste’s Singapore refinery after operational shutdown

Green Car Congress

The production of renewable diesel at Neste’s Singapore refinery expansion has been restarted in early August, according to the company’s plans. Co-processed marine fuel to Swedish market. In the production of the fuel, crude oil is partly replaced with renewable raw materials. n addition to the Swedish market, Neste Marine 0.1

Singapore 368
article thumbnail

Research consortium investigating use of DME blends in diesels with minimal retrofitting

Green Car Congress

A research consortium led by Ford Research and Innovation Center Aachen is currently investigating the technical conditions under which diesel vehicles can run on dimethyl ether (DME) as an alternative fuel. Hardware-in-the-loop test bench for the qualification of the liquefied gas dimethyl ether as a fuel.

Diesel 367
article thumbnail

Achates near-zero heavy-duty opposed-piston diesel enters fleet service; compliant with 2027 NOx levels

Green Car Congress

liter, heavy-duty opposed-piston, three-cylinder diesel engine it developed in a project funded by the California Air Resources Board (CARB) and several partners ( earlier post ) has entered fleet service with WALMART Corporation in a Peterbilt 579 tractor. Achates Power announced that the 10.6-liter,

Diesel 468