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Saudi Aramco signs 12 agreements with South Korean partners worth billions of dollars

Green Car Congress

Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil supply to Asian markets. Korea National Oil Corporation.

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Big Oil Betting On Electric Vehicles

Green Car Congress

Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.

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DNV awards API to DSME for new rotor sail system for ultra-large vessels

Green Car Congress

Daewoo Shipbuilding & Marine Engineering (DSME) announced that DNV has awarded an Approval in Principle (AIP) for the new DSME Rotor Sail System, designed for ultra-large crude oil carriers and LNG carriers. DSME is one of the Big Three shipbuilders of South Korea, along with Hyundai and Samsung.

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Hyundai Motor’s IONIQ 5 N enters final phase of racetrack capability testing at Nürburgring

Green Car Congress

To achieve this, Hyundai Motor combined the strengths of Namyang R&D Center located in South Korea and its European Test Center at the Nürburgring, which is an extension of Hyundai’s European R&D center in Rüsselsheim, Germany, where the brand’s European design and engineering teams have been based since 2003.

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Chevrolet introduces 2016 Spark; new 1.4L engine with 16% more power and 40 mpg highway

Green Car Congress

At the New York International Auto Show, Chevrolet introduced the all-new 2016 Spark—a completely redesigned and more sophisticated execution of the brand’s global minicar. engine that is part of GM’s new, global family of Ecotec small-displacement engines. Engines Fuel Efficiency'

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TK LNG Partners orders four ultra-long-stroke dual-fuel engines from MAN Diesel & Turbo for LNG carriers, options for further six

Green Car Congress

(Teekay LNG), an offshoot of Teekay Corporation, the international shipping group, has placed an order for two LNG carriers powered by 2 × 2 5G70ME-GI dual-fuel, two-stroke, gas-injection engine, including an option for three further ships. Illustration of the 5G70ME-GI engine. DSME) of South Korea.

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The Case for Nuclear Cargo Ships

Cars That Think

At a July meeting of the International Maritime Organization , the U.N. In South Korea, nine organizations, including shipping companies and the Korea Atomic Energy Research Institute , plan to develop and demonstrate large ships powered by SMRs. The industry now faces serious pressure to pick up the pace.