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They further estimated that roughly one-fifth of the savings can be attributed to gasoline price increases over the period and four-fifths to fuel economy and greenhouse gas (GHG) standards. Estimated attribution of fuel savings due to fuel economy improvements to light-duty vehicles since 1975. Greene et al. has almost doubled.
In this case—which reflects only current laws and regulations—renewable energy is the fastest-growing energy source through 2050, while petroleum remains the largest share of energy consumption throughout that period, followed by natural gas. Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022).
Energy consumption by light-duty vehicles in the United States, AEO2013 and AEO2014, 1995-2040 (quadrillion Btu). Natural gas prices significantly increase the demand for LNG and compressed natural gas in AEO2014 , from an insignificant share in 2012 to 8% of HDV energy consumption in 2040. quadrillion Btu in 2012 to 12.1
The US Arctic Alaska Petroleum Province holds mean estimates of undiscovered, technically recoverable oil and gas resources of nearly 30 billion barrels of oil, about 179 trillion cubic feet of nonassociated gas, and 40 trillion cubic feet of associated gas, according to a new assessment published by the US Geological Survey (USGS).
Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. The concept is the same embodied in Audi’s e-gas project ( earlier post ), to which the VGV proposal makes continued reference.
Rosneft announced a major oil discovery at the East-Prinovozemelskiy-1 license area in the Kara Sea, following the successful completion of the drilling of the northernmost well in the world—the Universitetskaya-1 well. I can inform you about the discovery of the first oil/gas-condensate field in the new Kara sea oil province.
Cumulative natural gas vehicles in use by segment, world markets: 2013-2020. In a new report , Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 Forecasts Natural Gas' Source: Navigant Research. Click to enlarge. million by 2020. and 6 years, depending on the vehicle).
Scientists from ExxonMobil, the Georgia Institute of Technology and Imperial College of London have published in the journal Science joint research on potential breakthroughs in a new membrane technology that could reduce emissions and energy intensity associated with refining crude oil. —Thompson et al.
China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Mobility and oil. Source: IEA.
The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.
The beads fluoresce in the presence of corrosion and can be seen with a special light. Now, they’ve developed a proof-of-concept technology that can be valuable for many industries, especially oil & gas. Once activated, the 20 to 50 micron beads release a proprietary chemical that fills the cracks.
The cleaner engine is able to deliver ultra-low NO x by managing exhaust gas temperatures to ensure rapid catalyst light-off and by maintaining aftertreatment temperatures at optimum operating conditions in all driving conditions.
At the same time, total miles traveled per year by cars, sport utility vehicles (SUVs) and light trucks will increase about 60%, reaching about 14 trillion in 2040. As personal mobility increases, average new-car fuel economy (including SUVs and light trucks) will improve as well, rising from about 30 miles per gallon (7.83
Cumulative light-duty NGV sales by segment. In a new report , Navigant Research forecasts that light-duty natural gas vehicle (LD NGV) sales will grow 119% between 2014 and 2024, culminating in 42.1 CAGR) than light trucks (5.6% CAGR) than light trucks (5.6% Forecasts Natural Gas' Source: Navigant.
has received the necessary approval from the Kern County Board of Supervisors to construct a new rail facility at the Bakersfield refinery and to make modifications to the refinery that will allow it to process light crude—e.g., Current products include gasoil, gasoline, diesel fuel, and petroleum coke. Bakken Crude.
Shale oil production generates greenhouse gas emissions at levels similar to conventional crude oil production, according to a pair of new studies released by the US Department of Energy’s Argonne National Laboratory. These are shale formations with low permeability and must be hydraulically fractured to produce oil and gas.
A new study by a team from Environmental Health & Engineering (EH&E) has found that greenhouse gas emissions from corn ethanol are 46% lower than those from gasoline—a decrease in emissions from the estimated 39% done by previous modeling. EH&E) and Adjunct Professor of Environmental Health at Harvard’s T.H. gCO 2 e/MJ (range of 37.6
Light duty vehicle fleet by type and average fuel efficiency. ExxonMobil expects that by 2040, hybrids and other advanced vehicles will account for nearly 50 percent of light duty vehicles on the road, compared to only about 1 percent today. Source: ExxonMobil Outlook. Click to enlarge. L/100 km) by 2040. L/100 km) by 2040.
By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. In 2010 China had only about five light-duty vehicles per 100 people, while India had less than two per 100 people; this compares to about 75 vehicles for every 100 people in the United States. Click to enlarge.
The US Environmental Protection Agency (EPA) and the US Department of Transportation (DOT) formally unveiled their joint proposal to set stronger fuel economy and greenhouse gas pollution standards for Model Year 2017-2025 passenger cars and light trucks. mpg US (5.87 L/100km) in model year 2021, and 49.6 L/100km) in model year 2025.
Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The second volume, the World Gas and Renewables Review , focused on natural gas and renewables sources (solar, wind and biofuels), will be published in autumn.
As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.
Chevron (as well as fellow oil major ExxonMobil) has been developing co-processing—adding biomass-derived feedstocks to the fossil-based feedstocks of existing petroleum refinery process units—as a way to produce fuels with increased renewable content more cost-effectively.
Transportation fuel mix in millions of oil-equivalent barrels through 2020. The relative shift away from motor gasoline to diesel is driven by improving light-duty vehicle fuel economy and the growth in commercial transportation activity. Sources for fuel economy gains in light-duty vehicles. Source: ExxonMobil Outlook.
The US Department of Energy (DOE) has selected six projects to receive approximately $30 million in federal funding for cost-shared research and development in unconventional oil and natural gas (UOG) recovery. The Institute of Gas Technology. Selected UOG projects. Lead organization. Description. C-Crete Technologies LLC.
Canada Environment Minister Leona Aglukkaq announced that Canada plans to reduce its greenhouse gas (GHG) emissions by 30% below 2005 levels by 2030. The new regulations include: Regulations aligned with recently proposed actions in the United States to reduce GHG methane from the oil-and-gas sector.
Drones attacked two key Saudi Aramco sites in Saudi Arabia—the Abqaiq processing plant and the Khurais oil field—on Saturday; Houthi rebels claimed credit for the strikes. million barrels of crude oil per day. Abqaiq is also linked to the Shaybah oil field through a 395-mile pipeline.
Reijnhart said that fossil fuels will be harder and more expensive to get, given that new oil and gas reserves are likely to be found under ice caps, deeper under the sea or under difficult political conditions.
will construct the Diamond Pipeline, a 440-mile (708 km), 20-inch crude oil pipeline that will provide capacity of up to 200,000 barrels per day of domestic sweet crude from the Plains Cushing, Okla. The refinery currently primarily processes light and sweet crude oil received through the Capline pipeline.
As part of that effort, the leaders committed to reduce greenhouse gas (GHG) emissions from light- and heavy-duty vehicles by aligning fuel efficiency and/or GHG emission standards out to 2025 and 2027, respectively.
Alfredo Altavilla (Chief Operating Officer of FCA EMEA Region), Pierre Lahutte (IVECO Brand President) and Marco Alverà (Chief Executive Officer of Snam), signed a Memorandum of Understanding (MoU) aimed at fostering the development of natural gas as a fuel for road vehicles.
The conversion reaction also produces light olefins—ethylene, propylene, and butenes—totalling a yield of 8.7%. These are important raw materials for the petrochemical industry and are presently also only obtained from fossil crude oil. An open-access paper on their work is published in the journal Nature Communications.
The study was commissioned by the European Oilseed Alliance (EOA), the European Biodiesel Board (EBB) and the European Vegetable Oil and Proteinmeal Industry (FEDIOL). Even for conventional oil production fields, because larger existing fields get depleted, the extraction efforts increase while smaller fields are taken in operation.
Department of Energy (DOE) selected 16 projects to receive nearly $25 million in federal funding for cost-shared projects to advance natural gas infrastructure technology development. AOI 2: Process-Intensified Technologies for the Upcycling of Flare Gas into Transportable, Value-Added Products.
One of the many charts available from the maps and data library on the AFDC site, this shows the number of light-duty alternative fuel vehicles (AFVs), hybrid electric vehicles (HEVs), and diesel models offered by vehicle manufacturers from 1991 through 2012. What if I convert my pickup trucks to run on natural gas or propane?”.
The US Environmental Protection Agency (EPA) announced two new proposed federal emissions standards spanning light-, medium- and heavy-duty vehicles for model year 2027 and beyond. Together, the proposals would reduce oil imports by approximately 20 billion barrels.
Additional processing of domestically sourced tight lightoil could marginally increase refinery efficiency, but these benefits could be offset by crude rebalancing, they found. Refinery inputs include crude oil, natural gas, hydrogen, electricity, blendstocks, and unfinished oils. —Forman et al. Forman, G.
Researchers at the US Department of Energy’s Pacific Northwest National Laboratory (PNNL) have developed an onboard separation system that could support increased fuel economy and lower greenhouse gas emissions as part of an octane-on-demand fuel-delivery system. Aromatics are gasoline components derived from crude oil.
The US Environmental Protection Agency (EPA) released its 30 th annual Inventory of US Greenhouse Gas Emissions and Sinks (GHG Inventory), which presents a national-level overview of annual greenhouse gas emissions from 1990 to 2021. In 2021, US greenhouse gas emissions totaled 6,340.2 of US greenhouse gas emissions in 2021.
Phillips 66 Company has applied for a California Low Carbon Fuel Standard (LCFS) Tier 2 fuel pathway for Renewable Diesel derived from distiller’s corn oil which is processed along with soybean oil and canola oil at its facility in Rodeo, California. The carbon intensity (CI) of the proposed pathway is 25.46 gCO 2 e/MJ.
The Rhodium Group, an independent research provider, estimates that, after a sharp uptick in 2018, US greenhouse gas (GHG) emissions fell by 2.1% An increase in natural gas generation offset some of the climate gains from this coal decline, but overall power sector emissions still decreased by almost 10%. Coal-driven decline.
Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. This could eventually result in refiners cutting their crude oil imports.
The proposed Keystone XL pipeline for transporting oilsands-derived crude to Gulf Coast refineries would have “ no material impact ” on US greenhouse gas (GHG) emissions, according to a new Insight report by IHS CERA. This indicates that oil sands can grow using rail; it is already happening. Earlier post.). Earlier post.).
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