Green Car Congress

JULY 21, 2021

Despite volatility in global oil markets, US crude oil exports reached a record high in 2020, according to the US Energy Information Administration (EIA). As of 9 July 2021, US crude oil exports have averaged 3.00 The most recent four-week rolling average of US crude oil exports reached 3.51

Oil 418

Oil 2020 Oil Prices 2015 418

Green Car Congress

APRIL 1, 2022

In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil. Background.

Oil 418

Oil Ukraine Libya Iraq 418

Green Car Congress

MARCH 10, 2021

US crude oil production averaged 11.3 million b/d in 2019, according to the US Energy Information Administration (EIA). The production decline resulted from reduced drilling activity related to low oil prices in 2020. The production decline resulted from reduced drilling activity related to low oil prices in 2020.

Oil 418

Oil 2020 North Dakota New Mexico 418

Green Car Congress

MARCH 26, 2022

Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The gradual decline foresees a decrease in crude oil production by around 30% and natural gas production by around 15% by 2030. Exploration & Production.

Oil 465

Oil Gas Production Austria 465

Green Car Congress

MARCH 20, 2022

In the face of the emerging global energy crisis triggered by Russia’s invasion of Ukraine and the countervailing barrage of economic sanctions, the International Energy Agency (IEA) is proposing a 10-Point Plan to Cut Oil Use. IEA claims that its plan would lower oil demand by 2.7 Ban private cars in cities on Sunday.

Oil 370

Oil Ukraine Economy Global 370

Green Car Congress

JULY 14, 2020

The International Energy Agency’s Monthly Oil Statistics shows that there are differences in refinery output throughout the world. Source: International Energy Agency, Monthly Oil Statistics, February 2020, Paris, France.,

Czech Republic 417

Czech Republic Oil Gasoline America 417

Green Car Congress

JANUARY 13, 2022

Global oil consumption outpaced oil production for the six consecutive quarters ending with the fourth quarter of 2021 (4Q21), which has led to persistent withdrawals from global oil inventories and significant increases in crude oil prices.

Oil Prices 334

Oil Prices Oil Price Conversion 334

Green Car Congress

APRIL 29, 2022

China processed record amounts of crude oil in 2021 to meet rising domestic consumption of petroleum products, according to analysis by the US Energy Information Administration (EIA). Energy Information Administration, based on data from China General Administration of Customs, as compiled by Bloomberg, L.P. increase from 2020.

Oil 370

Oil Gasoline China Diesel 370

Green Car Congress

AUGUST 9, 2023

The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 EIA forecasts the Brent crude oil price to increase the rest of 2023 and to approach $90 per barrel in late 2023.

Oil 370

Oil Oil Prices Global Price 370

Green Car Congress

OCTOBER 31, 2021

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

Energy Storage 459

Energy Storage Energy Fuel Louisiana 459

Green Car Congress

JUNE 14, 2022

bp has agreed to sell its 50% interest in the Sunrise oil sands project in Alberta, Canada, to Calgary-based Cenovus Energy, the other owner of the Sunrise project. In Canada, bp will no longer have interests in oil sands production and will shift its focus to future potential offshore growth. billion barrels of proved, 2.48

Oil-Sands 370

Oil-Sands Oil Canada Water 370

Green Car Congress

NOVEMBER 24, 2020

Chemical recycling has great potential for this: If plastic components can be produced from pyrolysis oil instead of petroleum, it would be possible to significantly increase the proportion of sustainably manufactured components in automobiles. These plastic components are processed into pyrolysis oil by chemical recycling.

Kits 410

Kits Audi Oil Automobile 410

Green Car Congress

NOVEMBER 30, 2022

The agreement provides for the establishment of a working group to achieve shared energy objectives and the implementation of specific projects. West-Central Coastal Province, West Africa. —Equatorial Guinea’s Minister Gabriel Mbaga Obiang Lima. —DRC Minister Didier Budimbu Ntubuanga.

Equatorial Guinea 312

Equatorial Guinea Guinea Oil Cameroon 312

Green Car Congress

MAY 11, 2022

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). in summer 2021.

Oil 344

Oil Price Production Oil Prices 344

Green Car Congress

OCTOBER 27, 2021

With tuning, the catalyst can achieve a selectivity of 80% toward motor oil (C 21 –C 45 ). As an indication of the industrial interest in this field, Neste and and Ravago recently announced plans to set up a joint venture to focus on chemical recycling of mixed waste plastic using a thermochemical liquefaction technology from Alterra Energy.

Oil 389

Oil Motor Motors Motoring 389

Green Car Congress

MAY 9, 2020

Global Clean Energy Holdings, Inc., Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, California. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, California. Historically, the refinery has produced diesel from crude oil and has a capacity of 70,000 barrels per day.

Renewable 389

Renewable Diesel Clean Cleaning 389

Green Car Congress

NOVEMBER 9, 2022

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. Renewable energy is the only source that increases its share of electricity generation in 2023 in our forecasts,” DeCarolis said.

Oil 334

Oil Diesel Price Russia 334

Green Car Congress

JUNE 30, 2020

Solid-oxide fuel-cell manufacturer Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, have signed a joint development agreement (JDA) to design and to develop fuel cell-powered ships. The two companies will work together to realize their vision of clean power for ships and a more sustainable marine shipping industry.

Industrial 459

Industrial Industry Energy Mariner 459

Green Car Congress

MAY 30, 2023

India’s state-run Oil and Natural Gas Corp (ONGC) said that oil output from the Sakhalin-1 project in Russia has returned to a plateau level of 190,000 - 200,000 barrels per day (bpd) from zero. In April 2023, Russia’s Rosneft offered dividend payments to OVL against its 20% stake, rather than equity oil.

Oil 305

Oil Russia India Ukraine 305

Green Car Congress

NOVEMBER 4, 2021

New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

Oil 305

Oil Carbon Global Market 305

Green Car Congress

MAY 8, 2023

DNV’s Transport in Transition report draws on DNV’s system dynamics-based Energy Transition Outlook model and explores the changes in fuels, electricity and infrastructure needed to transport ever-larger numbers of people and volumes of freight while at the same time decarbonizing the sector.

Oil 335

Oil Transportation Hydrogen North America 335

Green Car Congress

APRIL 11, 2023

Independent research and business intelligence company Rystad Energy estimates that there are about 91 planned hydrogen pipeline projects in the world, totaling 30,300 kilometers and due to come online by around 2035. Hydrogen has a high gravimetric energy density and a low volumetric energy density.

Hydrogen 531

Hydrogen Energy Europe Gas 531

Green Car Congress

MARCH 3, 2022

European Energy , a Danish developer and operator of green energy projects, has ordered a 50 MW electrolyzer from Siemens Energy for use in developing the first large-scale commercial e-Methanol production facility. —Knud Erik Andersen, CEO of European Energy.

Energy 370

Energy Denmark Gas-Electric Fuel 370

Green Car Congress

FEBRUARY 20, 2022

In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA). million b/d. million b/d in 2023. million b/d.

United States 511

United States Oil 2020 International 511

Green Car Congress

JUNE 23, 2022

A new analysis by European environmental NGO Transport & Environment finds that Europe burns more than 17,000 tonnes of rapeseed and sunflower oil every day—the equivalent of 19 million 1-liter bottles. Supermarkets have had to ration vegetable oils and prices are soaring. In a time of scarcity we must prioritize food over fuel.

Oil 334

Oil Europe Ukraine Egypt 334

Green Car Congress

JULY 4, 2022

As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA.

Russia 458

Russia Emissions Powered Power 458

Green Car Congress

FEBRUARY 22, 2021

IBM announced that bp has joined the IBM Quantum Network to advance the use of quantum computing in the energy industry. Next-generation computing capabilities such as quantum computing will assist in solving the science and engineering challenges we will face, enabling us to reimagine energy and design new lower carbon products.

Energy 394

Energy Carbon Industrial Industry 394

Electrek

MARCH 23, 2025

Global energy demand spiked in 2024, driven largely by surging electricity use, according to a new report released today by the International Energy Agency (IEA). Electricity consumption jumped by nearly 1,100 terawatt-hours a hefty 4.3% increase nearly twice the annual average growth of the past decade.

Global 127

Global Energy Oil Power 127

Green Car Congress

JULY 2, 2023

The US Environmental Protection Agency (EPA) and US Department of Energy (DOE) are partnering to provide more than $1 billion in funding to help reduce methane emissions from the oil and gas sector through the creation of the Methane Emissions Reduction Program.

EPA 303

EPA Oil Gas Emissions 303

Green Car Congress

JANUARY 27, 2023

Topsoe and Steeper Energy , a developer of biomass conversion technologies, signed a global licensing agreement for a complete waste-to-fuel solution. —Bevan May, President, Steeper Energy Steeper’s Hydrofaction has been validated through various stages of continuous pilot and demonstration-scale plant operations over the past 10 years.

Waste 293

Waste Energy Oil Conversion 293

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. Investment slumped by 30% in 2020.

Price 416

Price Oil Asia Gas 416

Green Car Congress

JULY 20, 2020

Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. The Bloom Energy Servers are a proven market leader in clean, reliable, and resilient on-site power. million hydrogen cars by 2040.

Hydrogen 386

Hydrogen South Korea Market Energy 386

Green Car Congress

APRIL 21, 2022

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel? —Baker Institute report Need Nickel?

China 416

China Energy Indonesia Power Grid 416

Green Car Congress

APRIL 18, 2020

MAN Energy Solutions has won the order to supply six MAN B&W 9S50ME-C9.6 These will use fuel-oil during navigation and lithium mega-batteries in harbor, thus guaranteeing zero emissions in port—and meeting the Registro Italiano Navale (RINA) Green Plus class notation—while still satisfying energy requirements at berth.

Supplies 362

Supplies Engine Hybrid Energy 362

Green Car Congress

FEBRUARY 24, 2022

The Gold Hydrogen Program , a coalition of organizations seeking to support the scale of this clean energy resource, announced its launch and the debut of a pilot microbial Gold Hydrogen Process. a leader in clean energy solutions). Gold hydrogen has been cost-prohibitive to extract and not commercially viable up to now.

Hydrogen 458

Hydrogen Clean Cleaning Houston 458

Green Car Congress

JUNE 25, 2023

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

Oil Purchase Companies Gas 276

Green Car Congress

OCTOBER 15, 2021

billion clean energy complex to be built in Louisiana that will make the state a leader in the US clean energy transition. The Port Arthur facility has captured approximately one million tons of CO 2 annually since 2013, with the CO 2 transported via pipeline and utilized for enhanced oil recovery operations.

Louisiana 391

Louisiana Hydrogen Clean Cleaning 391