Green Car Congress

JUNE 23, 2023

First oil is targeted for 2028. Trion is a greenfield development that would represent the first oil production from Mexico’s deepwater. The investment is expected to deliver an internal rate of return (IRR) greater than 16% with a payback period of less than four years. Trion was discovered in 2012 by PEMEX.

Mexico 195

Mexico Oil Water Gas 195

Green Car Congress

AUGUST 7, 2020

After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

Gas 243

Gas Global Industrial Industry 243

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. —EIA Acting Administrator Stephen Nalley.

Global 259

Global Energy Emissions Asia 259

Green Car Congress

APRIL 23, 2018

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

Oil 276

Oil Global 2003 2007 276

Green Car Congress

OCTOBER 23, 2020

Fossil fuels still receive most of the international government support provided to the energy sector despite their “well-known environmental and public health damage,” according to new research from Rice University’s Baker Institute for Public Policy. 5 consumer of oil,” Krane said. 5 consumer of oil,” Krane said.

Saudi Arabia 397

Saudi Arabia Global Fuel Oil 397

Green Car Congress

JULY 13, 2023

Member States of the International Maritime Organization (IMO), meeting at the Marine Environment Protection Committee (MEPC 80) earlier this month, adopted the 2023 IMO Strategy on Reduction of GHG Emissions from Ships. The Marine Environment Protection Committee (MEPC) addresses environmental issues under IMO’s remit.

International 150

International Emissions Mariner 2008 150

Green Car Congress

OCTOBER 9, 2019

Thirty-seven globally prominent scientists representing the International Journal of Engine Research have published an open-access editorial addressing the future of the Internal Combustion Engine, and stressing the importance for continued development of more efficient and even lower-emitting technologies. Gas exchange.

International 312

International Engine Exhaust Emissions 312

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. Investment slumped by 30% in 2020.

Price 416

Price Oil Asia Gas 416

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. Drilling in frontier/emerging-phase basins declined by a similar amount.

Oil 199

Oil Gas Oil Prices Water 199

Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

Oil 231

Oil Industrial Industry Financing 231

Green Car Congress

JULY 23, 2012

CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. billion cash. The price represents a premium of.

Oil-Sands 325

Oil-Sands Oil Canada Gas 325

Green Car Congress

MAY 19, 2022

Together with its partner Nordic Marine Oil, Neste is piloting a new Neste Marine 0.1 Co-processed marine fuel in Scandinavia, a solution helping the maritime sector to reduce the greenhouse gas (GHG) emissions. Nordic Marine Oil specializes in the supply of bunker fuels and lubricating oil to the shipping industry.

Mariner 186

Mariner Oil Emissions Fuel 186

Green Car Congress

APRIL 25, 2021

ExxonMobil and Global Clean Energy have expanded their five-year agreement to increase ExxonMobil’s purchase of renewable diesel to up to 5 million barrels per year. The renewable diesel leverages Global Clean Energy’s patented camelina crop, which can significantly reduce life-cycle greenhouse gas emissions. Earlier post.).

Purchase 186

Purchase Renewable Clean Cleaning 186

Teslarati

MARCH 19, 2024

Gas and oil giant Shell is looking to close as many as 1,000 retail gas stations in the coming years, as it pivots toward deployment of electric vehicle (EV) charging stations. “We have a major competitive advantage in terms of locations, as our global network of service stations is one of the largest in the world.

Gas 141

Gas Charging Gas-Electric Wind 141

Green Car Congress

AUGUST 15, 2014

A new report by EY finds that 64% of multibillion-dollar, technically and operationally demanding oil & gas megaprojects continue to exceed budgets, with 73% missing project schedule deadlines. Source: EY Megaprojects oil and gas report. —Axel Preiss, EY’s Global Oil & Gas Advisory Leader.

Oil 311

Oil Industrial Industry Gas 311

Green Car Congress

AUGUST 13, 2023

This collaboration will help realize the decarbonization goals of industrial steel, wood products, concrete, oil and gas, and port operations markets. This effort includes Battery Electric trucks, hydrogen fuel cell trucks, and now Hydrogen Internal Combustion Engines (H2ICE).

Hydrogen 365

Hydrogen Engine Carbon Grid 365

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.

Global 344

Global Energy Coal 2020 344

Green Car Congress

AUGUST 12, 2020

ExxonMobil has signed an agreement with Global Clean Energy Holdings to purchase 2.5 As background, globally, in 2019, ExxonMobil sold some 1.9 million barrels per day of heating oils, kerosene and diesel oils. The US share of that was 449,000 barrels per day. The US share of that was 449,000 barrels per day.

Clean 186

Clean Cleaning Renewable Diesel 186

Baua Electric

MARCH 2, 2024

Photo: Tesla Without EVs, solar, wind, and nuclear, the global rise in emissions in the last five years would have been three times larger, new International Energy Agency (IEA) analysis shows. The post 1 in 5 new car sales globally were EVs in 2023, and that’s curbed oil demand – IEA appeared first on Bauaelectric Auto News.

Global 52

Global Oil Sale Coal 52

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. Earlier post.).

Energy Storage 239

Energy Storage Mariner Li-ion Oil 239

Green Car Congress

NOVEMBER 2, 2020

Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference.

Turkmenistan 170

Turkmenistan Equatorial Guinea United Arab Emirates Gas 170

Green Car Congress

JUNE 26, 2020

In an EU-funded research project, an international consortium is aiming to develop new production methods for sustainable marine fuels to replace heavy fuel oils in shipping. In addition, the International Maritime Organization (IMO) is seeking to ban HFO use in Arctic waters. NL); Winterthur Gas & Diesel Ltd. (CH);

Mariner 273

Mariner Oil Fuel Cleaner 273

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. shale production will continue to grow along with global demand. shale production will continue to grow along with global demand. oil may not be able to fill.

Oil Prices 170

Oil Prices Oil Saudi Arabia Price 170

Green Car Congress

SEPTEMBER 26, 2019

SHI aims to be the first shipbuilder to deliver a large cargo ship for ocean operation powered by fuel cells running on natural gas. The IMO, an arm of the United Nations, is the global standard-setting agency for the safety, security, and environmental performance of international shipping.

Gas 281

Gas Industrial Industry Mariner 281

Green Car Congress

JUNE 10, 2013

Map of basins with assessed shale oil and shale gas formations, as of May 2013. Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. Source: US EIA. Click to enlarge.

Oil 281

Oil Algeria United States Argentina 281

Green Car Congress

JANUARY 6, 2023

Green ammonia will be stored in tanks onboard the vessel, then exported to smaller shipping vessels and carried to the international market for ammonia. This large project will enable Greenland to play a key role within global decarbonization. Earlier post.)

Green 259

Green Production Wind Norway 259

Green Car Congress

APRIL 15, 2022

A team at Oak Ridge National Laboratory (ORNL) has developed a new computational model of a two-stroke scaled marine engine, with reduced chemical mechanisms for diesel, biodiesel, bio-oil, and polycyclic aromatic hydrocarbons (PAH). For the study, the surrogate is based on the bio-oil produced by Dynamotive Energy Systems.

Mariner 170

Mariner Oil Engine Emissions 170

Green Car Congress

MARCH 2, 2018

Crude palm oil is one of the more than ten renewable raw materials that Neste uses to produce a range of renewable products, including renewable diesel. Palm oil represents approximately 20% of Neste’s renewable raw material usage annually. The field work was conducted by Meo Carbon Solutions. Schematic of a belt filter press.

Oil 244

Oil Emissions Malaysia Indonesia 244

Green Car Congress

SEPTEMBER 5, 2021

As the first batch of pilot projects of CNPC in the new energy field, the hydrogen stations in operation lay a foundation for the company’s future extensive deployment of hydrogen stations and the construction of hybrid stations of oil, gas, electricity, and hydrogen. CNPC) is an integrated international energy company.

Hydrogen 300

Hydrogen Asia Russia Africa 300

Green Car Congress

JULY 11, 2018

A “well-to-wheel” life cycle assessment (LCA) by a team from synthetic fuels producer Greyrock ( earlier post ), and the National Renewable Energy Laboratory (NREL) has determined the potential reduction of greenhouse gases and criteria pollutant emissions from the use of synthetic fuels directly converted from flare gas. billion liters (18.8

Pollution 258

Pollution Gas Emissions Fuel 258

Green Car Congress

JANUARY 30, 2013

More than a dozen Ministers from countries around the world released a statement earlier this week calling for accelerated action to substantially reduce venting, leakage, and flaring of natural gas from oil and gas operations worldwide. Ministers from additional CCAC countries are also expected to join the effort.

Climate 210

Climate Oil Clean Cleaning 210

Green Car Congress

OCTOBER 28, 2015

Primus and Jereh will jointly market and deploy a range of flexible, robust GTL systems—including gas-to-gasoline and gas-to-methanol systems—that use Primus’ proprietary STG+ process to produce high-quality liquid products from natural gas. Primus Green Energy Inc.,

Gas 150

Gas Global Green Energy 150

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

MAY 14, 2019

Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. trillion in 2018, a level similar to 2017.

2018 191

2018 Global Energy Coal 191

Green Car Congress

APRIL 27, 2021

A recent update by The International Civil Aviation Organization (ICAO) now includes carinata as a renewable fuel feedstock for hydroprocessed esters and fatty acids (HEFA) sustainable aviation fuel (SAF) with a similar greenhouse gas (GHG) footprint as waste and residuals, such as used cooking oil, for the same fuel type.

Fuel 243

Fuel Waste Renewable Brazil 243

Green Car Congress

APRIL 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

MARCH 26, 2019

last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. Natural gas emerged as the fuel of choice, posting the biggest gains and accounting for 45% of the rise in energy consumption. to 33 Gigatonnes (Gt) in 2018.

2018 207

2018 Global Emissions Energy 207