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EIA forecasts growing liquid fuels production in Brazil, Canada, and China through 2023

Green Car Congress

The US Energy Information Administration (EIA) forecasts that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. The United States will account for about 60% of the growth in combined liquid fuels production in all non-OPEC countries.

Brazil 259
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Foster Wheeler awarded contract for hydrogen production unit in Kazakhstan for major refinery modernization

Green Car Congress

A subsidiary of Foster Wheeler AG’s Global Engineering and Construction Group has been awarded a contract for the basic engineering design of a new hydrogen production unit, based on Foster Wheeler Terrace Wall steam reforming technology, to be built at the Atyrau Refinery in Kazakhstan.

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ExxonMobil plans five-year investment of $185B to develop new energy supplies; 21 major oil and gas projects to begin production between 2012 and 2014

Green Car Congress

Tillerson said that even with significant efficiency gains, ExxonMobil expects global energy demand to increase by 30% by 2040, compared to 2010 levels. Demand for electricity will make natural gas the fastest growing major energy source and oil and natural gas are expected to meet 60% of energy needs over the next three decades.

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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

Green Car Congress

Projected US CO 2 growth from fossil fuels. The US Energy Information Administration (EIA) estimates in the April 2010 release of its Short-Term Energy and Summer Fuels Outlook that CO 2 emissions from fossil fuels, which declined by 6.6% in 2011 as economic growth fuels higher energy consumption. Source: EIA.

2008 186
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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

Green Car Congress

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. Kazakhstan/Russia: Caspian Pipeline expansion. million barrels per day. Spending of $28.5

Chevron 170
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. At a high level, the report notes that there are few signs that the urgently needed change in direction in global energy trends is underway. Subsidies that encourage wasteful consumption of fossil fuels jumped to over $400 billion.

Oil 247
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Zeekr introduced access into Saudi Arabia, UAE, Qatar, Bahrain

Baua Electric

Those nations are one of the global’s greatest oil exporters, and but, they’re marching into the unutilized power car transition. Up to now, Zeekr has entered Eu markets in Sweden, the Netherlands, and Germany, and signed commitments with companions in Israel and Kazakhstan. billion USD trade in with Saudi Arabia.