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. —Maik Marahrens, biofuels campaigner at T&E.
Green Car Congress
JULY 31, 2023
Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries.
Green Car Congress
NOVEMBER 10, 2021
The price of US benchmark West Texas Intermediate (WTI) crude oil is near its highest level since 2014, increasing rapidly from low prices in mid-2020 as demand returns faster than supply, according to the US Energy Information Administration (EIA). US crude oil inventories were 440.3 Crude oil inventories reached a recent low of 413.9
Green Car Congress
NOVEMBER 27, 2020
The fuel is produced from materials such as used oil from restaurants and the food industry. The first car freighter was refueled for the first time with this oil in mid-November 2020 and a second ship is due to follow at the beginning of 2021. This way, we reuse waste oil in an environmentally compatible way.
Green Car Congress
JULY 13, 2021
The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.
Green Car Congress
APRIL 20, 2019
Total OECD annual production of crude oil, natural gas liquids (NGL), and refinery feedstocks increased by 10.3% This trend was observed across all OECD regions with the OECD Americas seeing the largest growth (+12.2%), followed by OECD Europe (+0.6%) and OECD Asia Oceania (+2.5%) in absolute terms. or 105 Mt in 2018 compared to 2017.
Green Car Congress
DECEMBER 5, 2022
Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. Andalusia has world-class port infrastructure, connected to the main ports of Europe and the world.
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