Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA).

Oil 255

Oil Oil-Sands Global Oil Prices 255

Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Source: opec.org).

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

JUNE 10, 2011

MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. The IEA takes a more conventional approach, assessing the impact on the penetration of vehicles burning gas as their fuel.

MIT 299

MIT Gas Transportation Future 299

Cars That Think

AUGUST 29, 2022

Russia ranks second in the extraction of both crude oil (behind the United States and ahead of Saudi Arabia) and natural gas (behind the United States and ahead of Iran), and it is the sixth-largest producer of coal (behind Australia and ahead of South Africa). share in 2020, by contrast, was about 9 percent.

Ukraine 79

Ukraine Russia Saudi Arabia Fuel 79

Green Car Congress

JUNE 27, 2012

Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 In Iran and Mexico, the loss of production is primarily due to political factors. Source: Maugeri 2012. Click to enlarge.

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

JULY 28, 2015

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? by Gaurav Agnihotri for Oilprice.com.

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

OCTOBER 31, 2014

Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Other OPEC members agreed to similar deals, ensuring perpetual global demand for greenbacks.

Russia 225

Russia Oil Saudi Arabia China 225

Green Car Congress

DECEMBER 31, 2011

Chokepoints are narrow channels along widely used global sea routes, some so narrow that restrictions are placed on the size of vessel that can navigate through them. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million bbl/d in 2009-2010. —US EIA.

Oil 297

Oil Panama Saudi Arabia United Arab Emirates 297

Green Car Congress

JULY 22, 2015

With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. Sabine Oil and Gas Corp. oil and gas industry in 2015.

Oil Prices 150

Oil Prices Oil Price India 150

Green Car Congress

MARCH 24, 2016

Moreover, supply outages in places like Iraq and Nigeria have also knocked at least a quarter of a million barrels per day offline, an unexpected disruption that put upward pressure on prices in March. Iran also continues to add production, albeit at a slower-than-expected rate. More output is bearish.”

Oil Prices 150

Oil Prices Oil Price North Dakota 150

Cars That Think

FEBRUARY 28, 2022

This war will have many long-term consequences, but possibly none more important than its effects on the future of the European energy supply. Rapid severing of Europe’s Russian supplies would create an unprecedented economic and existential emergency on the continent. percent stake in the enormous Sakhalin-2 oil and gas development.

Ukraine 120

Ukraine Russia Fuel Saudi Arabia 120

Green Car Congress

SEPTEMBER 18, 2015

Global Supply and Demand Fundamentals Continue to Worsen. It further suggests that the August production surplus is because of both a production (supply) increase of 85,000 barrels per day and a consumption (demand) decrease of 182,000 barrels per day compared to July. Source: EIA and Labyrinth Consulting Services, Inc.

Oil 150

Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

MAY 5, 2014

Whether sold as bulk crude oil and natural gas or as retail electricity, gasoline or diesel, the major exporters of OPEC, Russia and others harbor some of the lowest domestic energy prices in the world. —Jim Krane. Indonesia, for example, after failed attempts in 1997 and 2003, successfully raised fuel prices in 2005 and 2008.

Energy 199

Energy Iran Oil Indonesia 199