Green Car Congress

APRIL 1, 2020

IHS Markit Crude Oil Markets service expects up to 10 MMb/d of world oil production will be cut or shut-in from April to June 2020 as oil storage fills up and output from financially strapped companies begins to fall. If oil cannot be sold or stored, it cannot be produced. —Jim Burkhard. bbl on the physical market.

Saudi Arabia 186

Saudi Arabia Oil Production Russia 186

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil.

Oil Prices 170

Oil Prices Oil Saudi Arabia Price 170

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.

Oil 231

Oil Industrial Industry Financing 231

Green Car Congress

NOVEMBER 17, 2020

The Premier of Québec François Legault, and the Minister of the Environment and the Fight against Climate Change and Minister responsible for the Laval region, Benoit Charette, unveiled the 2030 Green Economy Plan (PEV 2030) and its first 2021-2026 implementation plan, with an envelope of $6.7 billion over five years.

Transportation 333

Transportation Green Economy Climate Change 333

Green Car Congress

APRIL 23, 2018

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

Oil 276

Oil Global 2003 2007 276

Baua Electric

MARCH 8, 2024

Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift to electric vehicles (EVs), three sources told Reuters. Aramco did not respond to a request for comment, Adnoc declined to comment.

Saudi Arabia 52

Saudi Arabia Oil United Arab Emirates Auto 52

Green Car Congress

OCTOBER 7, 2021

In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —Stephen Nalley.

Global 259

Global Energy Emissions Asia 259

Green Car Congress

JANUARY 17, 2012

Speaking at the at the University of Toronto’s Hart House Alumni Dinner Series, Canada Minister of Natural Resources, Joe Oliver, emphasized the pivotal role that Canada’s oil sands will continue to play in the country’s energy future. New energy markets and infrastructure offer tremendous benefits to Canada and Canadians.

Oil-Sands 225

Oil-Sands Canada Oil Future 225

Green Car Congress

FEBRUARY 3, 2017

The Oil War Is Only Just Getting Started. It’s been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the supply-cut deal, and how US shale is responding to fifty-plus-dollar oil with rebounding drilling activity. by Tsvetana Paraskova for Oilprice.com.

Oil 150

Oil Saudi Arabia Oil Prices Low Cost 150

Green Car Congress

DECEMBER 12, 2021

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.

Price 416

Price Oil Asia Gas 416

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. m b/d thresh- old.

Saudi Arabia 150

Saudi Arabia Oil Production Climate 150

Green Car Congress

DECEMBER 11, 2014

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s latest forecast. OPEC’s monthly report said demand for the cartel’s oil will fall to 28.9 Futures for US crude also are down dramatically. And yet on Nov.

Oil Prices 199

Oil Prices Oil 2015 Price 199

Green Car Congress

DECEMBER 8, 2012

Christian Paradis, Canada’s Minister of Industry, announced on Friday that the federal government is allowing two major acquisitions of oil sands companies by foreign state-owned enterprises (SOEs): the $15.1-billion the Government will retain its current authorities to assess the net benefit of foreign SOE transactions in the future.

Oil-Sands 236

Oil-Sands Canada Oil Purchase 236

Baua Electric

FEBRUARY 7, 2024

As the demand for electric autos continues to rise, it’s clear that India is driving full-speed towards a sustainable future, setting an inspiring example for other nations to follow. Overall, the current market trends indicate a promising future for electric autos in India.

India 98

India Auto Future Electric 98

Green Car Congress

JUNE 15, 2019

In a major new report on hydrogen, the International Energy Agency says that the time is right to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future. A wide variety of fuels are able to produce hydrogen, including renewables, nuclear, natural gas, coal and oil. —Dr Birol.

Clean 255

Clean Cleaning Affordable Future 255

Green Car Congress

FEBRUARY 18, 2021

IHS Markit places the global peak for oil demand (gasoline and diesel) from LVs in 2019 when the demand averaged 29.1 IHS Markit places the global peak for oil demand (gasoline and diesel) from LVs in 2019 when the demand averaged 29.1 —Jim Burkhard, vice president, oil markets and mobility and energy future, IHS Markit.

Light 170

Light GM Gasoline Oil 170

Green Car Congress

JANUARY 6, 2022

ExxonMobil made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. These discoveries will add to the previously announced recoverable resource estimate for the block, of 10 billion oil-equivalent barrels. Separately, progress continues on infrastructure for future field development.

Guyana 210

Guyana Oil Singapore Water 210

Green Car Congress

FEBRUARY 5, 2018

As personal mobility increases, average new-car fuel economy (including SUVs and light trucks) will improve as well, rising from about 30 miles per gallon (7.83 However, oil will continue to play a leading role in the world’s energy mix, the report finds. l/100 km) now to close to 50 miles per gallon (4.7 l/100 km) in 2040.

Light 170

Light Oil Fuel Vehicles 170

Green Car Congress

JULY 3, 2017

Improving the efficiency of road-freight transport is critical to reducing the growth in oil demand, carbon emissions and air pollution over the next decades, according to the International Energy Agency’s latest report, The Future of Trucks: Implications for energy and the environment.

Oil 150

Oil Transportation Alternative Fuels Fuel Economy 150

Green Car Congress

SEPTEMBER 2, 2016

Nifco UK has developed a thermoplastic oil pan as part of the Jaguar Land Rover ALIVE6 Project with government funding from the Advanced Propulsion Centre. Nifco worked in partnership with plastics supplier DuPont to create the new part, and it hopes to see the part produced in mass use over the next few years.

Land Rover 150

Land Rover Oil Fuel Economy Parts 150

Green Car Congress

DECEMBER 6, 2013

The Alberta Biodiversity Monitoring Institute (ABMI) released the first comprehensive report on the status of Alberta’s species in the Athabasca Oil Sands Area (AOSA). Found in northeastern Alberta, the AOSA makes up 14% of Alberta’s land area, and is central to Alberta’s economy. Canada Oil sands'

Oil-Sands 236

Oil-Sands Oil 2010 Canada 236

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. —Brandt et al.

Oil 207

Oil Oil-Sands Fuel Economy Transportation 207

Green Car Congress

DECEMBER 15, 2020

The facility will produce renewable diesel from non-fossil feedstocks such as soybean and canola oils, distillers corn oil, tallow, used cooking oil, and feedstocks of the future such as bio-crudes.

Renewable 397

Renewable Louisiana Fuel Diesel 397

Green Car Congress

FEBRUARY 17, 2012

The Government of Canada and the Government of Alberta have signed a memorandum of understanding (MOU) that will lead to the development of new and improved oil sands technologies with reduced energy use and greenhouse gas emissions. The research will be led by Natural Resources Canada’s CanmetENERGY and Alberta Innovates Technology Futures.

Oil-Sands 225

Oil-Sands Canada Oil International 225

Green Car Congress

JUNE 7, 2022

We are proud Westinghouse has turned to Bloom and our solid oxide technology to supercharge the clean hydrogen economy. As hydrogen usage expands from traditional industrial uses to the fuel of a clean future, the need to produce it in larger quantities and from low- and zero-carbon sources is clear.

Hydrogen 319

Hydrogen Industrial Industry Energy 319

Green Car Congress

JUNE 20, 2014

liter ESTEC (Economy with Superior Thermal Efficient Combustion) in-line 4-cylinder Gasoline Engine (1NR-FKE). Improving the vehicle fuel economy is a must due to the climate change and energy issues. Future directions in engine efficiency. with thermal efficiency of up to 38%—equivalent to the engines in hybrids.

Fuel Economy 278

Fuel Economy Economy Engine Toyota 278

CleanTechnica EVs

APRIL 24, 2021

oil industry began when the first well was drilled in Pennsylvania. Back then, oil from animals (think whale blubber) was typically used, until a patent for creating kerosene from coal oil was patented in 1854. Once Pennsylvania shale oil was analyzed and determined […]. In 1859, the U.S.

Pennsylvania 145

Pennsylvania Coal Future Oil 145

Green Car Congress

FEBRUARY 8, 2022

This puts it two-thirds of the way to where it needs to be in order for clean hydrogen to play a strong decarbonizing role in the economy. Crucially, these include higher carbon prices in sectors where hydrogen could play a strong role, such as ammonia, methanol, oil refining, iron and steel. Source: BloombergNEF.

Sale 370

Sale Hydrogen Clean Cleaning 370

Green Car Congress

MARCH 11, 2015

Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.

Oil Prices 150

Oil Prices Oil Price South Africa 150

Green Car Congress

MARCH 26, 2015

The Cummins team not only surpassed all fuel-economy targets, but also achieved criteria emissions lower than the stringent Tier 2/Bin 2 levels. liter engine with an aluminum block, head and oil pan, a magnesium valve cover and an engine-mounted emissions control system. Test cycle fuel economy (mpg). ATLAS target. ATLAS result.

Fuel Economy 150

Fuel Economy Economy Diesel Light 150

Green Car Congress

JANUARY 6, 2012

A new advisory committee will review and will make recommendations to the Alberta, Canada government on the current and future transportation needs of the Athabasca oil sands region.

Oil-Sands 199

Oil-Sands Oil Transportation Canada 199

Green Car Congress

JUNE 24, 2015

The point is, with volumes languishing (and probably poised to decline) tied to a flat oil futures price curve and with economics marginal at $60 per barrel, many E&P operators find themselves running through hedges in 2015 and still in need to finance their already reduced capital spending.

Oil 150

Oil Industrial Industry Oil Prices 150

Green Car Congress

MARCH 6, 2015

Researchers at Purdue University have shown that adding ultra-smooth submicrometer carbon spheres to motor oil can reduce friction and wear typically seen in engines by up to 25%. Coefficient of friction and sliding speed versus time for neat oil and 3.0 CS-Oil using POD apparatus under (a) 22.2 and (b) 93.7 Click to enlarge.

Oil 150

Oil Carbon Engine Fuel Economy 150

Green Car Congress

MAY 31, 2020

But after the COVID-19 crisis brought large swathes of the world economy to a standstill in a matter of months, global investment is now expected to plummet by 20%, or almost $400 billion, compared with last year, according to the IEA’s World Energy Investment 2020 report. —Dr Fatih Birol, the IEA’s Executive Director. —Dr Birol.

Global 344

Global Energy Coal 2020 344

Green Car Reports

NOVEMBER 9, 2016

Today, Shell predicts oil demand could peak by 2020, automakers use the loose definitions of different SUV categories to make meeting fuel-economy standards easier, and Faraday Future backer LeEco runs out of cash. Faraday Future backer LeEco is running out of cash, the company's CEO recently admitted in a.

Oil 84

Oil SUV Fuel Economy Cars 84

Green Car Congress

FEBRUARY 28, 2021

This new design is based on extensive research and development work to establish the best-in-class design in terms of cargo capacity, flexibility and fuel economy, as well as the proven performance of the built Polar Code C.Delta2150 design. The daily main-engine fuel oil consumption using LNG (tier III) 30.8 t/day + pilot oil 0.8

Design 273

Design Power Powered Fuel Economy 273

Green Car Congress

DECEMBER 20, 2016

US President Obama and Canadian Prime Minister Trudeau jointly announced sweeping restrictions to offshore oil and gas leasing in the US and Canadian Arctic waters. Obama designated the vast majority of US waters in the Chukchi and Beaufort Seas as indefinitely off limits to offshore oil and gas leasing. It’s uncharted waters.”.

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Obama Water Oil Gas 150