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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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New report finds global CO2 vehicle emission reduction measures falter; dropping diesels, increasing SUVs

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Vehicle fuel economy improvements have slowed globally, according to the latest report from the Global Fuel Economy Initiative (GFEI): Fuel Economy In Major Car Markets: Technology And Policy Drivers 2005-2017. Overall, global fuel economy has improved by an average of 1.7% in the past two years.

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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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Mitsubishi Outlander PHEV hits 200,000 global sales

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Developed from a fully electric vehicle, the Outlander PHEV has an architecture consisting of a front electric motor, a rear electric motor and no gearbox. The latest 2019 Outlander PHEV model delivers lowered CO 2 emissions levels, with 40 g/km (NEDC Correlated)/46 g/km (WLTP) and excellent fuel economy, with 1.8

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Global Fuel Economy Initiative launches second 3-year campaign; ICCT joins partnership

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The Global Fuel Economy Initiative ( GFEI ) ( earlier post ) launched its second three-year effort to improve vehicle fuel economy around the world at the International Transport Forum in Leipzig. litres of gasoline equivalent per 100km. —“Global Fuel Economy Initiative Plan of Action 2012-2015.

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Nikkei: Honda’s next-gen Fit Hybrid to overtake Toyota Aqua in fuel economy

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The Nikkei reports that the hybrid version of Honda’s next-generation Fit, powered by a newly developed engine and electric motor, is capable of delivering fuel economy of about 36 km/l of gasoline (84.7 The Aqua posts JC08 fuel economy of 35.4 mpg US, or 2.8 l/100 km) in tests based on the JC08. mpg US, 3.8

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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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