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EIA expects record global petroleum consumption in 2024, with lower crude oil prices

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The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. Our forecast for global consumption of petroleum depends on uncertain economic conditions—especially in China. —EIA Administrator Joe DeCarolis.

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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

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In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.

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ICCT LCA study finds only battery and hydrogen fuel-cell EVs have potential to be very low-GHG passenger vehicle pathways

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The ICCT has conducted a comprehensive global and temporal life-cycle assessment of GHG emissions from a variety of alternative passenger car powertrains and fuels. This study considers the fuel and electricity consumption in average real-world usage instead of solely relying on official test values.

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Bosch on importance of renewable synthetic fuels to reach climate goals; e-fuels

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The Paris Agreement calls for global warming to be limited to 2 ?C Electromobility is just now picking up momentum; further, electric cars are only as emissions-free as the production of electricity that charges their batteries. One path to achieving this is with renewable synthetic fuels (e-fuels). The fossil CO?

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DTF: Diesel dominates commercial truck, transit and school bus fleets in US

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Diesel is the predominant technology in commercial trucking, school, and transit bus sectors, according to the Diesel Technology Forum’s analysis of data sourced from S&P Global Mobility TIPNet data of vehicles in operation for Class 3-8 as of December 2021. Electric and other categories each register less than 1%.

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Diesel Technology Forum: 57% of all commercial diesel trucks on the roads in US are near-zero emissions models

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Analysis of a study by S&P Global Mobility shows the number of new near-zero emission diesel trucks on the road in the US increased 10.2% are electric, and the remainder are gasoline or other fuels. are electric, and the remainder are gasoline or other fuels. are advanced diesel technology; 2.1% are CNG, 0.3%

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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9 —Dr Fatih Birol.

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