Green Car Congress

FEBRUARY 26, 2022

Russia’s invasion of Ukraine threatens to increase costs for Europe’s vehicle industry, which is already struggling with record high lithium prices and a shortage of semiconductor chips, according to Benchmark Mineral Intelligence.

Ukraine 334

Ukraine Auto Industry Industrial Industry 334

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 billion by 2030.

Wyoming 145

Wyoming Oil Industrial Industry 145

CleanTechnica EVs

OCTOBER 18, 2023

To prolong the life of the combustion engine and keep a market for their fuels, the industry has been pushing biofuels and synthetic fuels while trying to discredit electric trucks.

Industrial 112

Industrial Industry Gas-Electric Fuel 112

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

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

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. The company has top market share in Japan with this product.

Mitsubishi 286

Mitsubishi Industrial Industry Japan 286

Green Car Congress

JULY 13, 2016

The rig count has rebounded from the lows seen in late May, a small indication that oil companies in the US could begin drilling anew. Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies.

Oil 150

Oil Industrial Industry Oil Prices 150

Green Car Congress

MAY 30, 2023

India’s state-run Oil and Natural Gas Corp (ONGC) said that oil output from the Sakhalin-1 project in Russia has returned to a plateau level of 190,000 - 200,000 barrels per day (bpd) from zero. In April 2023, Russia’s Rosneft offered dividend payments to OVL against its 20% stake, rather than equity oil. billion dollars.

Oil 305

Oil Russia India Ukraine 305

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. —North Dakota Governor Doug Burgum.

North Dakota 248

North Dakota Industrial Industry Building 248

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

SEPTEMBER 7, 2023

Swiss marine power company WinGD and shipbuilder Samsung Heavy Industries (SHI) have agreed to cooperate on future fuel vessel applications with ammonia-fueled engines. The project is in line with WinGD’s previously announced timeframe of bringing X-DF-A ammonia engines into service from Q1 2025. Earlier post.)

Engine 170

Engine Industrial Industry Future 170

Green Car Congress

MARCH 26, 2022

Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The Refining & Marketing business is to become a leading European provider of sustainable fuels, feedstock, and mobility solutions. Refining & Marketing.

Oil 465

Oil Gas Production Austria 465

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

MAY 8, 2023

Despite oil demand in the transport sector forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement. Conversely, the consumption of oil within aviation will be virtually flat to 2050, with hydrocarbons set to have a 60% share in the sector in the same year.

Oil 335

Oil Transportation North America Hydrogen 335

Green Car Congress

NOVEMBER 30, 2022

These include the financing and construction of an oil refinery in the DRC to be owned jointly by both countries to meet regional demand for refined petroleum products, along with the construction of storage facilities for refined products. —Equatorial Guinea’s Minister Gabriel Mbaga Obiang Lima.

Equatorial Guinea 312

Equatorial Guinea Guinea Oil Cameroon 312

Green Car Congress

AUGUST 10, 2020

Novvi LLC announced the successful start-up of its Deer Park, TX plant, where it is manufacturing and marketing 100% renewable base oils ( NovaSpec Base Oils ) for the lubricants industry, and 100% renewable process oils for polymer, adhesives, and personal care industries.

Oil 247

Oil Renewable Production Chevron 247

CleanTechnica EVs

FEBRUARY 10, 2023

Rethink Energy is known for its aggressive predictions of the decline of the oil […] This article draws its main points from their recent report, “Russia’s war wakes sleeping renewables giants of post 2030 power,” with comments from me interspersed in between.

Oil 98

Oil Industrial Industry Renewable 98

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

DECEMBER 18, 2021

Aemetis, a renewable fuels company focused on negative carbon intensity products ( earlier post ), has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue. The industrial site has 710,000 s.f.

Renewable 321

Renewable Diesel Supplies Industrial 321

Green Car Congress

JUNE 4, 2023

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data.

Market 304

Market Indonesia Russia Supplies 304

Green Car Congress

AUGUST 14, 2023

Researchers in India are using multi-wall carbon nanotube-optimized surfactant-polymer flooding for enhanced oil recovery. In an open-access paper in the journal Fuel , they report that their experimental application of carbon nanotube-based fluids yielded an oil recovery factor of approximately 70% of the original oil in place.

Oil 195

Oil Carbon Polymer India 195

The Truth About Cars

MAY 7, 2024

shale oil firms purposefully colluded with the government of Saudi Arabia to fix oil prices between 2021 and 2023. From BIG : Yesterday, the Federal Trade Commission released evidence confirming that collusion played a serious role in hiking oil prices at that time. Since the U.S.

Oil 115

Oil Price Companies Saudi Arabia 115

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

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

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

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

Green Car Congress

JULY 12, 2023

The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195

Market Carbon Supplies Insight 195

Green Car Congress

NOVEMBER 10, 2015

Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. But the political and financial winds are moving in the wrong direction for the industry, raising more “above ground” problems at a time that they can ill-afford it. by Nick Cunningham of Oilprice.com.

Oil 150

Oil Climate Gas Industrial 150

Green Car Congress

AUGUST 10, 2023

Absolute greenhouse gas emissions from Canadian oil sands production were flat in 2022 even as total production grew, according to an initial analysis by S&P Global Commodity Insights. The Canadian oil sands have demonstrated a consistent trend of reductions in GHG intensity for the past decade. kgCO 2 e/bbl per year or about 1.8%.

Oil-Sands 195

Oil-Sands Oil Global Insight 195

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 89

Industrial Industry Fuel Tax Credit 89

Green Car Congress

NOVEMBER 24, 2020

Audi and the Karlsruhe Institute for Technology (KIT) are therefore launching a pilot project for chemical recycling as part of the “Industrial Resource Strategies” THINKTANK in order to feed such mixed plastic fractions back into a resource-conserving circular system. Rebekka Volk at the Institute for Industrial Production (IIP).

Kits 410

Kits Audi Oil Automobile 410

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. This approval, and being the first shipbuilder to secure this marine fuel cell technology, illustrates that Samsung Heavy is highly likely to lead the market.

Gas 281

Gas Industrial Industry Mariner 281

Green Car Congress

JUNE 24, 2015

Most, if not all, smaller market capitalization companies, public or private, are still free cash flow negative (operating cash flow less capital expenditure) and only a few of the larger ones are now, or will be, based on guidance. Expect the dollar to weaken considerably, breaching the 2015 lows thus supporting oil prices now and into 2016.

Oil 150

Oil Industrial Industry Oil Prices 150

Green Car Congress

OCTOBER 11, 2017

While OPEC mulls over further steps to once again support falling oil prices, tech startups are quietly ushering in a new era in oil and gas: the era of the digital oil field. Much talk has revolved around how software can completely transform the energy industry, but until recently, it was just talk. What’s not to like?

Oil 150

Oil Market Oil Prices Industrial 150

Green Car Congress

AUGUST 20, 2019

Canadian researchers have developed a large-scale economical method to extract hydrogen from oil sands (natural bitumen) and oil fields. This can be used to power hydrogen-powered vehicles, which are already marketed in some countries, as well as to generate electricity. Proton Technologies is commercializing the process.

Oil-Sands 375

Oil-Sands Oil Hydrogen Venezuela 375

Green Car Congress

JUNE 18, 2022

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 As for OPEC+, total oil output in 2023 may fall as embargoes and sanctions shut in Russian volumes and producers outside the Middle East suffer further declines. OECD industry stocks also rose, by 42.5 mb/d in 2022 to 2.2

Oil 210

Oil Global Libya Russia 210

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