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Suncor Energy cancels Voyageur oil sands upgrader project; acquires Total’s stake

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Suncor Energy is not proceeding with the Voyageur bitumen upgrader project in the Canadian oil sands. The oil market environment in the North America has changed significantly, Total notes. As a consequence of the sale of its stake, and taking into account all past investments, Total will reflect a net loss of $1.65

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Syncrude to Expand Its Oil Sands Synthetic Crude Output to 425,000 Barrels per Day by 2020

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Canadian Oil Sands Trust, the largest stakeholder (36.74%) in the Syncrude oil sands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now. Marcel Coutu, Canadian Oil Sands’ President and CEO.

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Kia introduces 5th-generation Sportage SUV; gasoline, diesel, HEV, PHEV

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The Sportage will be launched with a range powertrains, including clean gasoline and diesel IC engine technology. liter diesel engine featuring an advanced variable geometry turbocharger that helps it to develop 186PS and 42.5 liter diesel engine comes with an extensively re-engineered 8-speed automatic transmission.

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New Toyota Highlander turbocharged engine offers more torque and fewer emissions

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The 2023 Toyota Highlander gas models are equipped with a new, higher-torque, high-efficiency turbocharged engine. liter V6 engine’s 263 lb-ft (357 N·m). Fuel efficiency is also improved for this higher-torque engine with an EPA-estimate of up to 25 MPG combined. The 265-horsepower, 2.4-liter

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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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Hybrids are expected to account for about half of global new-car sales by 2040. This unprecedented improvement in global fuel economy is expected to reflect a surge in hybrid vehicle sales. China will see the largest increase—more than 4 million oil-equivalent barrels per day. Source: ExxonMobil. Click to enlarge.

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GM introduces new Cadillac 2013 ATS RWD luxury sport sedan; 2 four-cylinder, one V6 gasoline engine options, with diesel in the works

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GM is offering a choice of three power-dense engines, including two new four-cylinder units—a standard 2.5L A diesel engine will enter the line-up in the future, GM said. The new engines also have increased-authority cam phasing to minimize compromiss between efficiency, performance, emissions and drivability.

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BMW M introduces its first high-performance car with electrified drive system: BMW XM PHEV

Green Car Congress

The BMW XM is equipped with a plug-in hybrid system comprising a V8 gasoline engine and electric motor that delivers combined fuel consumption of 1.6 – 1.5 The key sales markets will be the USA, China and the Middle East. It is underpinned by a newly developed, classically high-revving V8 engine with M TwinPower Turbo technology.

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