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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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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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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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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

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Geely supporting Danish initiative on e-methanol with vehicle trials in Aalborg

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Denmark has been a global leader in sustainability, and has pledged to reduce its carbon emissions by 70% by 2030. While the country is one of the world’s largest producers of wind and solar renewable energy, it faces the issue of renewable energy being weather-dependent and prone to fluctuation.

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Bosch trialing Neste renewable diesel; aims to offer renewable and synthetic fuels at all company filling stations in Germany

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Since early November, the cars chauffeuring the management board members of Robert Bosch GmbH have been running on fully renewable diesel. a trademark of Toolfuel, is short for CO 2 Reduction, Arctic Grade, Renewable, Emission Reduction. Renewable and synthetic fuels can contribute greatly to limiting global warming.

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