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EIA expects increased US crude oil production, with continued high petroleum prices in 2022

Green Car Congress

The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). million barrels per day this year and 12.8

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

Green Car Congress

The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. EIA also expects oil production in Canada, Brazil, and Norway collectively to grow 12% from 2022 to 2024, and also expects growth from new sources such as Guyana.

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Sinopec Xinjiang Kuqa green hydrogen pilot project enters operation

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As China’s first green hydrogen demonstration project of over 10,000-tonne capacity and based on solar power, it is expected to produce 20,000 tonnes of green hydrogen per year that will be supplied to Sinopec’s Tahe refinery. Tahe has crude oil processing capacity of 5 million tons per year, coking capacity of 2.6

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NYC to use REG renewable diesel in more than 1,000 city vehicles, including many sanitation trucks

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The New York City Department of Citywide Administrative Services (DCAS) will, for the first time, use renewable diesel, a low-emissions, 99% petroleum-free fuel, to power more than 1,000 City government vehicles, including in large vehicles such as sanitation trucks. Most renewable diesel use is currently concentrated in California.

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China’s Oil & Gas Giant Sinopec Says Peak Oil Demand Already Happened In China

CleanTechnica EVs

Half of the world's economy has already reached peak gasoline and diesel demand while electric vehicle deliveries in every segment are shooting through the roof.

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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel. Under the terms of the agreement, Energy Vault agreed to provide 1.6

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DOE awards $17M to FY 2014 SBIR Phase II projects; includes Si/graphene anodes, motor windings, exhaust treatments

Green Car Congress

The selected projects include 6 vehicle-related technologies and 2 hydrogen and fuel cell technologies, as well as new hydropower, heat pump, solar and manufacturing technologies. Vehicle technologies span a range from new Si/graphene Li-ion anode materials and composites for motor windings to diesel aftertreatment and advanced lubricants.

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