Green Car Congress

MAY 31, 2020

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Birol.

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Global Energy Coal 2020 344

Green Car Congress

MAY 8, 2023

Despite oil demand in the transport sector forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement. Today, transport of passengers and goods accounts for about a quarter of global energy-related CO 2 emissions, a share that will grow to 30% by 2050.

Oil 335

Oil Transportation Hydrogen North America 335

Green Car Congress

FEBRUARY 24, 2022

Other collaborators include EXP (a global engineering and consulting firm); and The Center for Houston’s Future (a nonprofit organization devoted to fact-based strategic planning, collaboration, and action on issues of great importance to the long-term future of Houston). (a leader in clean energy solutions).

Hydrogen 458

Hydrogen Cleaning Clean Houston 458

Green Car Congress

MARCH 9, 2013

Transportation fuel mix in millions of oil-equivalent barrels through 2020. Mix of the global vehicle fleet. By contrast, gasoline demand will be relatively flat, despite the doubling of the global personal vehicle fleet over the Outlook period from more than 800 million vehicles to more than 1.6 Source: ExxonMobil Outlook.

Gasoline 383

Gasoline Transportation 2020 Diesel 383

Green Car Congress

JUNE 18, 2022

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 As for OPEC+, total oil output in 2023 may fall as embargoes and sanctions shut in Russian volumes and producers outside the Middle East suffer further declines. Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6

Oil 210

Oil Global Libya Russia 210

Green Car Congress

APRIL 6, 2022

By the middle of this decade greenhouse gas (GHG) emissions from Canadian oil sands production should be in decline even as production continues to grow, according to a new comprehensive report by S&P Global Commodity Insights that takes into account current technology trends and production growth. —Kevin Birn.

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Oil-Sands Oil Emissions Global 186

Green Car Reports

MARCH 6, 2023

A strong SUV market is leading to higher oil demand today, and may make future carbon dioxide (CO2) emissions targets harder to achieve, according to the International Energy Agency (IEA). New IEA analysis found that global CO2 emissions from SUVs reached nearly 1.1 SUVs are.

CO2 179

CO2 Oil SUV Global 179

Green Car Congress

OCTOBER 7, 2021

In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —Stephen Nalley.

Global 259

Global Emissions Energy Asia 259

Green Car Congress

OCTOBER 18, 2022

The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. of global emissions. In 2021, some 73% of captured CO 2 went to enhanced oil recovery operations.

Carbon 293

Carbon Global Tax Credit Wyoming 293

Green Car Congress

DECEMBER 12, 2021

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.

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Price Oil Asia Gas 416

Green Car Congress

MAY 3, 2017

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Maybe even decline. ”.

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Oil Electric Vehicles Vehicles Financing 218

Green Car Congress

DECEMBER 28, 2022

In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.

Hydrogen 482

Hydrogen Insight Oklahoma Carbon 482

Green Car Congress

FEBRUARY 9, 2018

Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market. A rebound for the greenback led to a steep decline in oil prices on Friday. At the same time, sudden turmoil in the broader financial system also bled over into the oil market.

Oil Prices 199

Oil Prices Oil Price Market 199

Green Car Congress

APRIL 22, 2019

Nanyang Technological University, Singapore (NTU Singapore) scientists have developed a sustainable way to demonstrate a new genetic modification that can increase the yield of natural oil in seeds by up to 15% in laboratory conditions. This results in larger oil reserves in the seed that primarily serves as an energy source for germination.

Oil 236

Oil Singapore Cleaner United States 236

Green Car Congress

SEPTEMBER 1, 2023

To reduce the number of accidents in the global oil and gas industry caused by damaged pipelines, University of Houston researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. When larger spills happen, pipelines are often the culprit.

Oil 221

Oil Gas Chevron Houston 221

Green Car Congress

JULY 22, 2017

Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry, oil and gas is facing more challenges in persuading the environmentally-conscious Millennials that oil is “cool”. labor force.

Oil 220

Oil Gas Industrial Industry 220

Green Car Congress

OCTOBER 4, 2020

We estimate that the market volume worldwide and especially in the region of EMEA will increase sharply in the near future. Together we have excellent laboratory capacities to develop high-performance products in the future. Many roads will have to be renewed in the next few years.

Global 397

Global Luxembourg Netherlands Belgium 397

Green Car Congress

JANUARY 29, 2020

Second, LNG is, and has been, less expensive than MGO and is now in some regions cheaper than heavy fuel oil (HFO). Moreover, to comply with IMO’s 2020 global sulfur limit, ships must either switch from HFO to more expensive very low sulfur fuel oil (VLSFO) or use HFO with a scrubber, if they have one installed. Olmer et al.

Mariner 427

Mariner Climate Fuel Oil 427

Green Car Congress

APRIL 1, 2020

IHS Markit Crude Oil Markets service expects up to 10 MMb/d of world oil production will be cut or shut-in from April to June 2020 as oil storage fills up and output from financially strapped companies begins to fall. If oil cannot be sold or stored, it cannot be produced. —Jim Burkhard. bbl on the physical market.

Oil 186

Oil Saudi Arabia Production Russia 186

Green Car Congress

AUGUST 4, 2020

Hydrogen used for treating crude or bio-crude oil to produce jet fuel with a lower carbon intensity is also considered as an early-stage application. Scaling-up the electrofuel industry will require a coordinated effort on the part of the broader industry (including upstream oil and gas), governments and research institutions globally.

Hydrogen 476

Hydrogen Emissions Fuel Australia 476

Green Car Congress

JULY 6, 2018

When reports emerged that India and China are in talks about forming an oil buyers’ club , OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. The timing is right.

Oil 170

Oil India Oil Prices Japan 170

Green Car Congress

JULY 29, 2020

Canadian oil sands production is expected to decline by nearly 175,000 barrels per day (b/d) in 2020 as a result of COVID-19—the largest annual decline on record. The new forecast by the IHS Markit Oil Sands Dialogue , which takes into account the “COVID-19 shock,” projects Canadian oil sands production to reach 3.8

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Oil-Sands Oil 2020 Production 221

Green Car Congress

SEPTEMBER 10, 2014

IEO2014 projections of future liquids balances include two broad categories: crude and lease condensate and other liquid fuels. Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). oil shale), and refinery gain.

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

MAY 3, 2021

EnergyX and Orocobre plan to deploy their pilots in the near future. Rising global demand for electric vehicles and economic energy storage systems has led to projections showing an orders-of-magnitude increase in demand for lithium. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.)

Companies 448

Companies Lithium Ion Energy Storage 2020 448

Green Car Congress

MAY 9, 2020

The second quarter of 2020 will see the largest volume of liquids production cuts, including shut-in production, in the history of the oil industry, according to IHS Markit. The Great Shut-In, a rapid and brutal adjustment of global oil supply to a lower level of demand is underway. Some will be impacted more than others.

Oil 170

Oil 2020 Global Oil Prices 170

Green Car Congress

DECEMBER 15, 2013

By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. Hybrids are expected to account for about half of global new-car sales by 2040. Without the projected gains in efficiency, global energy demand could have risen by more than 100%. Source: ExxonMobil.

Oil-Sands 309

Oil-Sands Energy Hybrid Oil 309

Green Car Congress

JUNE 15, 2019

In a major new report on hydrogen, the International Energy Agency says that the time is right to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future. A wide variety of fuels are able to produce hydrogen, including renewables, nuclear, natural gas, coal and oil. —Dr Birol.

Cleaning 255

Cleaning Clean Affordable Future 255

Green Car Congress

DECEMBER 18, 2014

Global CO 2 emissions from fossil fuel use and cement production reached a new all-time high in 2013, according to the annual report “Trends in global CO2 emissions”, released by PBL Netherlands Environmental Assessment Agency and the European Joint Research Centre (JRC). In 2013, global CO 2 emissions grew to the new record of 35.3

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2013 Emissions Global CO2 240

Green Car Congress

DECEMBER 10, 2014

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.

Energy 252

Energy Global 2010 Oil-Sands 252

Green Car Congress

MAY 10, 2019

Global LDV Fuel Efficiency Improvement. All are among the top 15 vehicle markets worldwide: nearly 80% of new LDVs sold globally are currently subject to some kind of GHG emission or fuel economy standards. Many of these countries are in Africa where urbanization, motorization, vehicle miles traveled and oil demand are increasing.

Fuel Economy 247

Fuel Economy Economy Saudi Arabia Standards 247

Green Car Congress

AUGUST 18, 2021

Anglo-Australian BHP Group is merging its oil and gas business with Woodside Petroleum Ltd. On 5 August, the BHP Board approved US$544 million in capital expenditure to execute the Shenzi North oil project in the US Gulf of Mexico. An additional US$100 million is payable contingent upon a future FID for a Thebe development.

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Future Trinidad Mexico Australia 221

Green Car Congress

JANUARY 4, 2022

Price increases were largely driven by increased demand from the initial phase of global economic recovery from the COVID-19 pandemic. The GSCI is a commodity index that tracks the performance of global commodities markets. WTI crude oil makes up the largest share of the overall GSCI at more than 21%.

Price 273

Price Energy Oil Gasoline 273

Green Car Congress

JANUARY 31, 2019

As part of a strategy to continue providing low-emissions solutions for harsh offshore operating environments, Siemens has opened a fully robotized and digitalized plant in Norway that will develop and manufacture energy storage technologies for both marine and offshore oil and gas applications. Copyright: Neil Robertson. Earlier post.).

Energy Storage 239

Energy Storage Mariner Li-ion Oil 239

Green Car Congress

OCTOBER 2, 2019

Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

Oil 199

Oil Gas Oil Prices Water 199

Green Car Congress

AUGUST 25, 2017

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

Oil Prices 170

Oil Prices Oil Industrial Industry 170

Green Car Congress

DECEMBER 9, 2020

The acquisition secures the future of the site and safeguards many jobs that might otherwise have been lost. We are in the midst of a major transformation of our company and aim to successfully shape it for the future. To this end we are investing heavily in our electric offensive and comprehensive digitalization.

Mercedes 435

Mercedes Production Manufacturer Future 435

Green Car Congress

JULY 16, 2017

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. At the same time, Saudi Arabia’s export volumes have been hit by high local summer demand for crude oil and products. by Cyril Widdershoven for Oilprice.com.

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Oil Libya Nigeria Qatar 186