Green Car Congress

DECEMBER 8, 2011

By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 Approximately 87% of the 2012 spending program is budgeted for upstream crude oil and natural gas exploration and production projects. China: development of the Chuandongbei natural gas project. million barrels per day.

Chevron 170

Chevron 2012 Angola Saudi Arabia 170

Green Car Congress

SEPTEMBER 27, 2014

In August, a groundbreaking ceremony was held in Ovadan-Depe near the capital of Ashgabad in Turkmenistan to launch the construction of a major plant focused on the conversion of natural gas into synthetic gasoline. Synthetic gasoline is a competitive alternative to refinery gasoline and new energy carriers.

Turkmenistan 367

Turkmenistan Gasoline Gas 2003 367

Green Car Congress

NOVEMBER 13, 2011

Subsidies that encourage wasteful consumption of fossil fuels jumped to over $400 billion. The share of fossil fuels in global primary energy consumption falls from around 81% today to 75% in 2035. By contrast, subsidies for fossil fuels amounted to $409 billion in 2010. billion, around 20% of the world’s population.

Oil 247

Oil Transportation Cheap Fleet 247