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

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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. Our forecast for global consumption of petroleum depends on uncertain economic conditions—especially in China. —EIA Administrator Joe DeCarolis.

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Diesel Technology Forum: 57% of all commercial diesel trucks on the roads in US are near-zero emissions models

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Analysis of a study by S&P Global Mobility shows the number of new near-zero emission diesel trucks on the road in the US increased 10.2% are electric, and the remainder are gasoline or other fuels. are electric, and the remainder are gasoline or other fuels. are advanced diesel technology; 2.1% are CNG, 0.3%

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Hyundai Motor Group, Aramco and KAUST collaborate on new e-fuel for novel combustion system

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Hyundai Motor Group is conducting various R&D activities to minimize greenhouse gas emissions from internal combustion engine (ICE) vehicles during its transition to battery electric vehicles (BEV) and fuel cell electric vehicles (FCEV). The collaboration is expected to create synergies leveraging each participant’s expertise.

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

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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 —Dr Fatih Birol.

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ExxonMobil: diesel will surpass gasoline as the number one global transportation fuel by 2020

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Diesel will surpass gasoline as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040, according to ExxonMobil’s recently published Outlook For Energy: A View To 2040. Mix of the global vehicle fleet. Sources for fuel economy gains in light-duty vehicles. Click to enlarge.

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FEV testing finds Transient Plasma ignition system increases fuel efficiency and decreases emissions

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liter, direct and port fueled injection, inline 4-cylinder gasoline engine commonly used in the Camry line of vehicles. The “Dynamic Force Engine” achieves one of the world’s best thermal efficiencies of 40% in gasoline powered vehicles according to Toyota.

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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

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In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.

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