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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

However, OPEC has been in the line of fire from the western world in light of its stance of not reducing the production levels of its member nations (excluding Iran). Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC. Source: opec.org). Nigeria’s dilemma.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

While production costs and refining costs for heavy oil exceed that for light oil, applying information technology solutions for decision-making has provided a significant increase in the margins and profits of operations, according to Chevron engineers in a paper presented on their system earlier this year. in 1988 to just above 2.3

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IHS-CERA concludes “no material impact” on US GHG from Keystone XL; heavy crude from Venezuela most likely replacement

Green Car Congress

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. the decision on Keystone XL may ultimately boil down to a determination of oil market share between Canada and Venezuela.

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State Department releases final environmental impact statement on Keystone XL Pipeline Project; analysis of GHG emissions

Green Car Congress

As part of the analysis, DOS commissioned a detailed study of greenhouse gas life-cycle emissions that compared Canadian oil sands crude with other selected reference crudes. This range is equivalent to annual greenhouse gas emissions from the combustion of fuels in 588,000 to 4,061,000 passenger vehicles. —FEIS.

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Electric cars to account for 64 per cent of car sales by 2030

Green Cars News

The study predicts that electric vehicles with this type of pricing will account for 64 per cent of light vehicle sales and comprise 24 per cent of the U.S. light-vehicle fleet by 2030. million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela.

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How to Prevent Blackouts by Packetizing the Power Grid

Cars That Think

Spiking demand for electric heat collided with supply problems created by frozen natural-gas equipment and below-average wind-power production. Similar mismatches in supply and demand contributed to massive cascading blackouts in August 2003 in the northeastern United States and Canada, in July 2012 in India , and in March 2019 in Venezuela.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

ICEVs have been around for a while, and although they’ve had the time to perfect their manufacturing process and we’ve seen increased pressure on the importance of fuel economy and emissions, the thermal efficiency of the average light vehicle engine remains between 20-35%, and we’re not seeing much improvement beyond this.