Green Car Congress

APRIL 6, 2022

By the middle of this decade greenhouse gas (GHG) emissions from Canadian oil sands production should be in decline even as production continues to grow, according to a new comprehensive report by S&P Global Commodity Insights that takes into account current technology trends and production growth. —Kevin Birn.

Oil-Sands 186

Oil-Sands Oil Emissions Global 186

Green Car Congress

AUGUST 25, 2017

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

Oil Prices 170

Oil Prices Oil Industrial Industry 170

Green Car Congress

JUNE 25, 2023

signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. Casterra’s high-yield, high-oil castor seed varieties are optimized for biofuel production to support the growing market of sustainable energy.

Oil 276

Oil Purchase Companies Gas 276

Green Car Congress

FEBRUARY 5, 2021

Nidec Corporation’s Board of Directors approved a resolution to acquire the shares of Mitsubishi Heavy Industries Machine Tool Co., After completion of the acquisition, Mitsubishi Heavy Industries Machine Tool will become Nidec-Shimpo’s third main business.

Mitsubishi 286

Mitsubishi Industrial Industry Japan 286

Green Car Congress

MAY 24, 2021

ADM plans to build North Dakota’s first dedicated soybean crushing plant and refinery to meet fast-growing demand from food, feed, industrial and biofuel customers, including producers of renewable diesel. The processed soybean flakes are dried, toasted and ground into soybean meal. The expanded capacity is expected to be online by Q1 2022.

North Dakota 248

North Dakota Industrial Industry Building 248

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.

Gas 243

Gas Global Industrial Industry 243

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. Click to enlarge.

Oil 311

Oil Industrial Industry Gas 311

Green Car Congress

SEPTEMBER 20, 2022

Building on its capability of proactive transformation, Neste has initiated a strategic study on transitioning its refinery in Porvoo, Finland to non-crude oil refining and into a globally leading renewable and circular solutions site. The refining capacity of crude oil is approximately 10.5 Porvoo refinery. million ton/a.

Oil 259

Oil Renewable Finland Mariner 259

Green Car Congress

SEPTEMBER 1, 2023

To reduce the number of accidents in the global oil and gas industry caused by damaged pipelines, University of Houston researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. When larger spills happen, pipelines are often the culprit.

Oil 221

Oil Gas Chevron Houston 221

Green Car Congress

MAY 11, 2022

The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). million barrels per day this year and 12.8

Oil 344

Oil Price Production Oil Prices 344

Green Car Congress

DECEMBER 5, 2019

Methane pyrolysis separates methane (CH 4 ) into gaseous hydrogen and solid carbon that is a valuable material for various industry branches and can also be stored safely. Now, KIT is partnering with industry partner Wintershall Dea to further develop this process for use on an industrial scale.

Kits 273

Kits Hydrogen Industrial Industry 273

Green Car Congress

DECEMBER 15, 2021

Fossil fuel combustion, a major source of air pollution, contributed to more than one million deaths globally in 2017, more than 27% of all deaths from outdoor fine particulate matter (PM 2.5 ), according to a new report published by the Health Effects Institute (HEI). According to HEI’s State of Global Air , PM 2.5

Global 472

Global St. Louis Fuel Pollution 472

Green Car Congress

APRIL 1, 2022

In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil. President George W.

Oil 418

Oil Ukraine Libya Iraq 418

Green Car Congress

OCTOBER 18, 2022

The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. of global emissions. In 2021, some 73% of captured CO 2 went to enhanced oil recovery operations.

Carbon 293

Carbon Global Tax Credit Wyoming 293

Green Car Congress

AUGUST 31, 2020

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com.

Oil 418

Oil Renewable Wind Gas-Electric 418

Green Car Congress

JUNE 8, 2023

Animal fats and used cooking oil are increasingly joining the likes of lithium, cobalt and copper as energy transitional materials where supply constraints are of growing concern, according to a new analysis of trade flows by S&P Global Commodity Insights Agribusiness Consulting group. The chase is on, and it is here to stay.

Carbon 170

Carbon Supplies Global North America 170

Green Car Congress

JULY 21, 2022

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6

Global 448

Global China Kuwait Oman 448

Green Car Congress

NOVEMBER 14, 2022

The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% The decline in 2020 of -5.2% increase in 2021.

Global 221

Global Emissions Carbon Coal 221

Green Car Congress

JULY 5, 2017

Leading shipowners and operators, classification societies, engine and technology builders and suppliers, big data providers, and oil companies have signed up to a new Global Industry Alliance (GIA) to support transitioning shipping and its related industries towards a low carbon future.

Industrial 150

Industrial Industry Global Carbon 150

Green Car Congress

JULY 30, 2019

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 first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on crude oil quality and on refining industry.

Saudi Arabia 170

Saudi Arabia Oil 2018 Global 170

Green Car Congress

SEPTEMBER 26, 2019

Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, today are collaborating to design and develop ships powered by Bloom Energy’s solid oxide fuel cell technology. Today, 80% of the world’s shipping fleet runs on heavy fuel oil, or bunker fuel. Bloom Energy Servers use natural gas, biogas or hydrogen as fuel.

Gas 281

Gas Industrial Industry Mariner 281

Green Car Congress

APRIL 14, 2023

bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. Argos is the centerpiece of bp’s Mad Dog Phase 2 project, which extends the life of the super-giant oil field discovered in 1998. Earlier post.) bp is the operator with 60.5%

Mexico 259

Mexico 2008 Oil Production 259

Green Car Congress

NOVEMBER 5, 2020

Neste’s renewable hydrocarbons are produced entirely from traceable, bio-based raw materials, such as waste and residue oils and fats, providing a high-quality, more sustainable alternative to fossil feedstock.

Polymer 243

Polymer South Korea Industrial Industry 243

Green Car Congress

NOVEMBER 11, 2014

Biosynthetic Technologies has received ILSAC GF-5 certification on both SAE 5W-20 and 5W-30 grade passenger car motor oil (PCMO) formulations using its Biosynthetic Base Oil. ILSAC GF-5 represents the latest performance standard set by the International Lubricant Standardization and Approval Committee (ILSAC).

Fuel Economy 230

Fuel Economy Oil Economy Motors 230

Clean Fleet Report

NOVEMBER 10, 2022

The electric vehicle (EV) industry is about to have its most significant sales spike thanks to international legislation and nonprofits ramping up support efforts. Some may wonder about the necessity of nonprofit involvement in the EV industry since companies are already making these cars for commercial use. EV support coming.

Industrial 88

Industrial Industry Fuel Tax Credit 88

Green Car Congress

MARCH 6, 2018

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets.

Brazil 218

Brazil Norway Oil Canada 218

Green Car Congress

APRIL 15, 2023

In its April Oil Market Report , the International Energy Agency (IEA) forecasts that world oil demand will climb by 2 mb/d in 2023 to a record 101.9 OECD demand, dragged down by weak industrial activity and warm weather, contracted by 390 kb/d y-o-y in 1Q23, its second consecutive quarter of decline. million barrels per day.

Oil 186

Oil Ukraine Russia Brazil 186

Green Car Congress

SEPTEMBER 12, 2011

France-based Technip is acquiring US-based Global Industries for $1.073 billion. Global Industries is a provider of subsea construction and pipelay, engineering, project management and support services. The management teams of Global Industries and Technip will work closely together to define the integration plan.

Industrial 199

Industrial Industry Global Oil 199

Green Car Congress

JULY 8, 2021

As outlined in its current Short-Term Energy Outlook , the US Energy Information Administration (EIA) estimates that global consumption of petroleum and liquid fuels averaged 92.3 EIA expects that global liquid fuels consumption will grow by 5.3 In the EIA forecast, global consumption of liquid fuels rises by an additional 3.7

2019 243

2019 Global Fuel Gasoline-Electric 243

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 13, 2023

Cummins and Taylor Machine Works, a leading US manufacturer of heavy industrial lift equipment, signed a letter of intent with plans to integrate the Cummins 6.7-liter This collaboration will help realize the decarbonization goals of industrial steel, wood products, concrete, oil and gas, and port operations markets.

Hydrogen 365

Hydrogen Engine Carbon Grid 365

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. —Stephen Nalley.

Global 259

Global Energy Emissions Asia 259

Green Car Congress

FEBRUARY 24, 2022

A joint industry partnership to commercialize clean, gold hydrogen, the program’s founding members include synthetic biology company Cemvita Factory (innovator in low-carbon microbial solutions for energy and mining resource extraction, production, and renewal); and Chart Industries, Inc. (a a leader in clean energy solutions). (a

Hydrogen 458

Hydrogen Clean Cleaning Houston 458

Green Car Congress

AUGUST 26, 2014

In its latest Monday note, energy research company Douglas-Westwood wrote that the Exploration & Production industry (E&P), experiencing rising global hydrocarbon demand as well as rising costs, is facing the technical challenge of the development of High Pressure – High Temperature (HPHT) reserves.

Industrial 231

Industrial Industry Oil Gas 231

Green Car Congress

DECEMBER 22, 2022

Fulcrum BioEnergy, a clean energy company pioneering the creation of renewable, drop-in transportation fuels from landfill waste, successfully produced a low-carbon synthetic crude oil using landfill waste as a feedstock at its Sierra BioFuels Plant, the world’s first commercial-scale landfill waste-to-fuels plant. Source: Fulcrum BioEnergy.

Sierra 221

Sierra Waste Carbon Oil 221

Green Car Congress

SEPTEMBER 3, 2021

LG Chem and Korean biodiesel producer and exporter Dansuk Industrial will form a joint venture to build Korea’s first next-generation hydro-treated vegetable oil (HVO) plant. HVO is a next-generation bio-oil produced through hydro-treatment of vegetable raw materials such as waste cooking oil and palm by-products.

Oil 186

Oil Building Waste International 186

Green Car Congress

MAY 19, 2022

Together with its partner Nordic Marine Oil, Neste is piloting a new Neste Marine 0.1 Accounting for 90% of world trade and 13% of global transport emissions, the shipping industry needs solutions to reduce its carbon footprint in a viable way in line with the targets of the International Maritime Organization.

Mariner 186

Mariner Oil Emissions Fuel 186