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Wison wins site preparation contract for refinery project in Venezuela; largest refinery PC project in Latin America by Chinese company

Green Car Congress

Wison Engineering Ltd., an indirectly non wholly-owned subsidiary of Wison Engineering Services, was awarded a procurement and construction (PC) contract by Venezuela’s PDVSA Petroleo, S.A.for the site preparation for the Puerto la Cruz oil refinery Deep Conversion Project. and Hyundai Engineering Co, Ltd. Earlier post.)

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Technip awarded contract for two hydrogen reformers in Venezuela to support expanded processing of Orinoco heavy crude

Green Car Congress

Technip was awarded a “significant” contract to supply its proprietary technology as well as engineering and procurement services for two hydrogen reformers in Venezuela. The bulk of Venezuela’s oil reserves in the Orinoco Oil Belt is formed by heavy and extra heavy crude oil.

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2016 Ford Explorer SUV replaces 2.0L EcoBoost with new 2.3L EcoBoost unit; more power and torque, same fuel economy expected

Green Car Congress

liter EcoBoost four-cylinder engine that delivers more horsepower and torque than the 2.0L liter EcoBoost four-cylinder engine will deliver at least 270 hp (201 kW) and at least 300 lb-ft (407 N·m) of torque. liter EcoBoost engine. EcoBoost four-cylinder it replaces, with no compromise in fuel economy anticipated.

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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

However, OPEC has been in the line of fire from the western world in light of its stance of not reducing the production levels of its member nations (excluding Iran). Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC. Source: opec.org). Nigeria’s dilemma.

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Opinion: The Saudi Oil Price War Is Backfiring

Green Car Congress

India, which was earlier importing most of its crude oil from Saudi Arabia, is now changing its strategy and buying more crude oil from Nigeria, Iraq, Mexico and Venezuela. Asia has been one of the biggest cash cows for Saudi Arabia and there have already been some cuts in some of the most crucial markets.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

While production costs and refining costs for heavy oil exceed that for light oil, applying information technology solutions for decision-making has provided a significant increase in the margins and profits of operations, according to Chevron engineers in a paper presented on their system earlier this year.

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Electric cars to account for 64 per cent of car sales by 2030

Green Cars News

The study predicts that electric vehicles with this type of pricing will account for 64 per cent of light vehicle sales and comprise 24 per cent of the U.S. light-vehicle fleet by 2030. million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela.