Electrek

DECEMBER 14, 2022

London-based HSBC, the largest bank in Europe and the 8th largest bank in the world, has announced that it will stop funding any new oil and gas developments globally. The post Europe’s largest bank vows to stop funding new oil projects globally appeared first on Electrek.

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The Driven EV News

JANUARY 17, 2023

Tritium lands its biggest single order for fast chargers from one of the world's big oil companies, as Trevor St Baker tips in another $30m to the company. The post Tritium lands biggest order yet for electric vehicle fast chargers from global oil giant appeared first on The Driven.

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Green Car Congress

FEBRUARY 9, 2018

Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market. A rebound for the greenback led to a steep decline in oil prices on Friday. At the same time, sudden turmoil in the broader financial system also bled over into the oil market.

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The Driven EV News

SEPTEMBER 21, 2023

Global EV growth is being forecast by the IEA to drive an overall peak in oil demand within just a few years. So why is the oil industry ramping back up? The post EV sales point to oil demand peaking by 2030 – so why is big oil ramping up production? appeared first on The Driven.

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Baua Electric

MAY 10, 2024

At a meeting with top oil executives at his Mar-a-Lago club last month, Donald Trump offered to reverse Biden administration environmental policies in exchange for a $1 billion donation to his presidential re-election campaign, the Washington Post reports. Oil interests contributed more than $6.4 Oil interests contributed more than $6.4

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Baua Electric

MAY 29, 2024

2025 BMW M3 Sedan uses a cooling system and oil circuit that is designed to handle the challenges of track driving. BMW has unveiled the 2025 M3 Sedan and M3 Touring in the global market. The new models will be built at the BMW Group Plant in Munich. The gearbox on duty is an 8-speed unit. The gearbox on duty is an 8-speed unit.

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Teslarati

JANUARY 14, 2023

The State of Wyoming is considering phasing out the sales of electric vehicles by 2035 to “ensure the stability” of its oil and gas industry. The bill then praises the oil and gas industry. ” In 2021, Wyoming ranked eighth nationally in crude oil production, producing 85.43 million barrels of crude oil.

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Innovation News Network

SEPTEMBER 11, 2023

Learn how Alberta's first-ever lithium pilot project will mark a new era for the traditionally oil- and gas-dominated province. The post Alberta enters global critical minerals race with first-ever lithium pilot project appeared first on Innovation News Network.

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Baua Electric

MARCH 31, 2024

Indian Oil also stated that it is aiming to achieve its net-zero operational emissions target by 2046, aligning with the country’s goal to achieve carbon neutrality for the country by 2070. New Delhi: Indian Oil Corporation Limited and Japan’s Panasonic Energy Co.

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Baua Electric

MARCH 31, 2024

Indian Oil will leverage Panasonic Energy’s expertise in battery development and manufacturing, In addition to meeting domestic requirements, investments in setting up local manufacturing will set up a complete supply chain ecosystem improving India’s self-reliance, fortifying India’s position in the global energy landscape.

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The Driven EV News

NOVEMBER 15, 2022

Oil major bp launches its EV fast charging brand in Australia, as global CEO flies in with promise of 600 charging stations. The post Oil giant BP launches EV charging brand, plans 600 stations across Australia appeared first on The Driven.

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Teslarati

MARCH 5, 2022

Elon Musk said the United States needs to increase oil and gas output immediately to decrease dependence on Russian supply. Despite the negative effect the move would have on Tesla, Musk says sustainable energy “cannot react instantaneously to make up for Russian oil & gas exports.” As a result of the U.S.

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Green Car Congress

DECEMBER 11, 2014

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s latest forecast. OPEC’s monthly report said demand for the cartel’s oil will fall to 28.9 Abhishek Deshpande, an oil market analyst at Natixis, agreed.

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Green Car Congress

JULY 16, 2017

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. News sources reported that the output from Saudi Aramco’s massive Manifa oilfield has been hit by a technical problem. by Cyril Widdershoven for Oilprice.com.

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Baua Electric

MARCH 8, 2024

Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift to electric vehicles (EVs), three sources told Reuters. The kingdom has established its own EV brand Ceer, and built an EV metals plant.

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Teslarati

APRIL 15, 2021

Goldman Sachs is preparing for the lapse of the Age of Oil, predicting big gains for the companies that continue to help expand the footprint of sustainable energy. However, Tesla isn’t the only car company that is listed , and cars are not the only topic that Goldman analysts are bullish on as the Age of Oil begins its imminent demise.

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Electrek

OCTOBER 28, 2022

Bp Pulse, the global oil leader’s charging infrastructure unit, is teaming up with Hertz to build a network of EV fast chargers in high-demand locations such as airports. The post This oil giant and Hertz are building a massive fast-charging network for EV rentals starting at LAX appeared first on Electrek.

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Green Car Congress

JANUARY 10, 2018

In its latest edition of the Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that US crude oil production will average 10.3 EIA also forecasts that 2019 crude oil production will rise further to an average of 10.8 US crude oil production averaged an estimated 9.3 million b/d set in 1970.

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Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

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Green Car Congress

MARCH 24, 2016

Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase. That has sparked a renewed sense of optimism among oil traders.

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Baua Electric

JANUARY 6, 2024

Brake India Brakes India , a leading braking systems manufacturer and supplier and a leader in the aftermarket space, has launched gear and transmission oil under its new brand Revia. This has been our brand promise for our all-new brand Revia too, and it inspires our customers.

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Baua Electric

JANUARY 12, 2024

Photo by Juan Mt on Pexels.com The US Environmental Protection Agency (EPA) will fine oil and gas companies for emitting excess methane – the first federal government tax ever on greenhouse gas emissions. It’s responsible for around one-third of global warming. That’s EPA’s stick; here are its carrots. Get started here. –

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Green Car Congress

NOVEMBER 1, 2014

Scientists at IBM and global energy company Repsol S.A. announced the first research collaboration to leverage cognitive technologies to support the oil and gas industry. The oil and gas industry boasts some of the most advanced geological, geophysical and chemical science in the world. Click to enlarge.

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Baua Electric

APRIL 22, 2024

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

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Green Car Reports

DECEMBER 19, 2017

Today, a surprise advance look at an important new hybrid model, bad news for global oil and gas, an old Saab as a new electric car, and Tesla gets more Semi orders. All this and more on Green Car Reports.

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Green Car Congress

SEPTEMBER 18, 2015

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. OPEC and US crude oil production.

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Green Car Congress

MARCH 13, 2015

Columbia and Associate Director of the Maguire Energy Institute at the Cox School of Business at Southern Methodist University in Dallas says it has: “No question we’re seeing the effects of lower oil prices throughout the economy.”. decline curves eventually catch up with fewer rigs, oil supplies should start to fall.

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Baua Electric

JANUARY 31, 2024

Tootbus is currently operating buses that run on hydrotreated vegetable oil but is adopting BEV and solar technology with VEV’s help. To reach these sustainability goals, Tootbus has partnered with VEV, a subsidiary of Vitol – a global energy and commodities company – to utilize its end-to-end fleet electrification solutions.

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Electrek

JUNE 16, 2022

A team of scientists developed the first global map of chronic oil slicks in the world’s oceans, and found that more than 90% come from humans – significantly more than previously reported. The post It turns out humans are responsible for a lot more oil slicks than we realized appeared first on Electrek.

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Baua Electric

MAY 28, 2024

By: Bloomberg | Updated on: 29 May 2024, 08:33 AM Sports utility vehicles accounted for a record 48 per cent of global car sales in 2023, up from 41.4 With bigger engines, these vehicles have also pushed up fuel demand globally as well as carbon emission. per cent in 2020 and 20.58 per cent in 2013.

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Electrek

MARCH 27, 2024

Swedish automaker Volvo has rolled out its last diesel-powered vehicle, after a 45-year relationship with the powertrain and cranking out millions of oil-burning cars. Between 2012 and 2016, diesel accounted for half of the company’s global sales. But those days are over now as the company moves toward an all-electric future.

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Baua Electric

JANUARY 10, 2024

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030. Birol said that “success will hinge” on scaling up financing for emerging and developing economies. Get started here. –ad*

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Green Car Congress

SEPTEMBER 21, 2015

On September 10 th , the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD (barrels of oil per day). That is a staggeringly enormous number, approximately 10 percent of the estimated global over-supply. Yet it received little attention through the week.

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Green Car Reports

SEPTEMBER 6, 2017

Today's news is dominated by the global debut of the 2018 Nissan Leaf electric cars, and we've got full details, prototype drive impressions, and a nine-point cheat sheet. Also, news on California's dirtiest diesels and thoughts on the future of plug-in hybrids. All this and more on Green Car Reports.

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Baua Electric

APRIL 29, 2024

Contrary to the barrage of unsourced speculation on social media, EV adoption is indeed causing carbon emissions and oil demand to fall, albeit by a small amount so far. million barrels of oil per day globally in 2022—about 3% of total road fuel demand. According to BloombergNEF , EVs as a whole displaced about 1.5

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Green Car Congress

MAY 12, 2011

Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with 64% predicting crude prices to exceed $121 per barrel. Only 35% think current crude prices are near the high they expect for oil this year, predicting the peak will be between $111 and $120 per barrel. —John Kunasek.

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Green Car Reports

AUGUST 4, 2016

Cheap gasoline is good news for the economies of most countries, but not those that rely on oil exports. The sustained fall in global prices has led oil-producing countries to search for ways to keep their revenues up. In some cases, that means cutting back on cheap gas for their own citizens.

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