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 gradual decline foresees a decrease in crude oil production by around 30% and natural gas production by around 15% by 2030.

Oil 465

Oil Gas Production Austria 465

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

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

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. mb/d versus 4.6

Oil 186

Oil Ukraine Russia Brazil 186

Green Car Congress

OCTOBER 9, 2019

Thirty-seven globally prominent scientists representing the International Journal of Engine Research have published an open-access editorial addressing the future of the Internal Combustion Engine, and stressing the importance for continued development of more efficient and even lower-emitting technologies. —Reitz et al.

International 312

International Engine Exhaust Emissions 312

Green Car Congress

MAY 19, 2022

Together with its partner Nordic Marine Oil, Neste is piloting a new Neste Marine 0.1 The sustainability characteristics of the co-processed marine fuel are certified with International Sustainability and Carbon Certification (ISCC PLUS) with a mass balance approach.

Mariner 186

Mariner Oil Emissions Fuel 186

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

JANUARY 26, 2021

a leader in the area of high-performance dynamometer systems, recently provided a performance test stand for validating designs for new hydraulic variable timing cam phaser systems for a major international provider of powertrain components. The custom-built system is designed for use with cam phasers driven by oil pressure.

International 243

International Engine Cleaner Oil 243

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

JUNE 26, 2020

In an EU-funded research project, an international consortium is aiming to develop new production methods for sustainable marine fuels to replace heavy fuel oils in shipping. In addition, the International Maritime Organization (IMO) is seeking to ban HFO use in Arctic waters. The participants are Vertoro B.V. (NL);

Mariner 273

Mariner Oil Fuel Cleaner 273

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 Motor 230

Green Car Congress

JULY 22, 2014

Southwest Research Institute (SwRI) launched a multi-million dollar joint industry project to better understand oil and gas separation technology. International participation is welcomed and encouraged. There are several advantages of this joint industry program.

Oil 210

Oil Industrial Industry Gas 210

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil.

Oil Prices 170

Oil Prices Oil Saudi Arabia Price 170

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

AUGUST 15, 2023

ClassNK has issued an Approval in Principle (AiP) for an ammonia fuel supply system for oil tanker and container ship developed by Samsung Heavy Industries (SHI). Ammonia is expected to be used as a ship fuel for decarbonization since it does not emit CO 2 when combusted. Approval in Principle (AiP).

Oil 150

Oil Supplies Fuel Alternative Fuels 150

Green Car Congress

OCTOBER 5, 2018

Petrochemicals are rapidly becoming the largest driver of global oil demand. Petrochemicals are set to account for more than a third of the growth in world oil demand to 2030, and nearly half the growth to 2050, adding nearly 7 million barrels of oil a day by then. Source: IEA. —Dr Fatih Birol, IEA Executive Director.

Oil 281

Oil Waste Economy Global 281

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 11, 2020

In a three-year Business Finland BioFlex project, VTT—the Finnish state-owned research agency—and partners are exploring how suitable fuel oils made from biomass and waste plastics are for power plants and ship diesel engines. We are also conducting experiments to examine the suitability of the oils for applications.

Waste 170

Waste Oil Power Powered 170

Green Car Congress

MAY 22, 2019

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.

Oil Prices 330

Oil Prices Gasoline-Electric Gasoline Oil 330

Green Car Congress

JANUARY 27, 2023

The agreement combines Topsoe’s technologies in renewable fuels and hydrogen production as well as decades of experience in engineering with Steeper’s proprietary Hydrofaction technology and industry know-how. The process conditions are carefully chosen to promote reaction pathways that favor high yields of high-quality renewable oil.

Waste 293

Waste Energy Oil Conversion 293

Creative Greenius

JULY 11, 2022

Oil, gas and coal workers have all known for more than a dozen years that their work was helping to destroy people’s health and well being. So the justice I want to see is first, second and third for the victims in the sacrifice zones created by the oil, gas and coal companies. None of them are innocent bystanders.

Coal 355

Coal Oil Clean Cleaning 355

Green Car Congress

OCTOBER 2, 2019

Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

Oil 199

Oil Gas Oil Prices Water 199

Green Car Congress

MAY 22, 2020

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 The oil market fear that characterized March and the extreme price pressure that producers felt in April have galvanized producers across North America into unprecedented action. However, nearly 1.4

Oil 186

Oil Canada Oil-Sands Production 186

Green Car Congress

MARCH 14, 2023

The Record of Decision (ROD) reduces the size of the project by denying two of the original five drill sites proposed by ConocoPhillips, which is seeking to develop oil and gas leases it acquired beginning in the late 1990s. The Willow project is estimated to produce 180,000 barrels of oil per day at its peak. Earlier post.)

Alaska 397

Alaska Oil Gas Miles 397

Green Car Congress

JULY 8, 2010

Australia’s CSIRO is convening a meeting next week at which some 200 plant oil researchers will share their research into how renewable plant-based oils can be engineered to replace industrial oils that have traditionally been manufactured from petroleum. CSIRO Plant Industry Deputy Chief Dr. Allan Green.

Oil 186

Oil Industrial Industry Engine 186

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

FEBRUARY 5, 2022

Congress created the RFS program in the Energy Policy Act of 2005 and later expanded it in the Energy Independence and Security Act of 2007 to reduce the nation’s reliance on imported oil and greenhouse gas emissions.

EPA 150

EPA Industrial Industry Fuel 150

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.

Carbon 170

Carbon Supplies Global North America 170

Green Car Congress

DECEMBER 12, 2021

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.

Price 416

Price Oil Asia Gas 416

Green Car Congress

AUGUST 7, 2012

BP will establish a $100-million international research center, the BP International center for Advanced Materials (BP-ICAM) to lead research to advancethe fundamental understanding and use of materials across a variety of energy and industrial applications. —Bob Dudley, BP group chief executive.

International 225

International Industrial Industry Energy 225

Green Car Congress

JANUARY 22, 2011

The European Parliament is calling for an international ban on the use and carriage of heavy fuel oil on vessels operating in the Arctic, like that which is to apply to the Antarctic from August 2011. Research suggests that about one fifth of the world’s undiscovered hydrocarbon resources may lie in this region.

International 186

International Oil Iceland Fuel 186

Green Car Congress

AUGUST 16, 2018

Testing of the latest Nexcel active engine oil management system ( earlier post ) across three different engine types has a{demonstrated} the system’s potential to reduce CO 2 emissions by 2 g/km. Nexcel’s active engine oil management system is an easy to change unit containing engine oil, a filter and an electronic control unit.

Oil 191

Oil Engine CO2 Downsizing 191

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

APRIL 27, 2012

Based on visual interpretation of high-resolution (30 m) satellite images, a new study in the journal Global Change Biology: Bioenergy determined that industrial plantations covered over 3.1 When peat swamps are drained for agriculture, the peat begins to decompose, and is an enormous source of carbon emissions. Earlier post.).

Oil-Sands 314

Oil-Sands Oil Emissions Climate 314

Green Car Congress

OCTOBER 22, 2014

of China (COMAC) opened a demonstration facility that will turn waste cooking oil, commonly referred to as “gutter oil” in China, into sustainable aviation biofuel. billion liters) of biofuel could be made annually in China from used cooking oil. Boeing and Commercial Aircraft Corp.

Oil 239

Oil China Waste Commercial 239

Green Car Congress

AUGUST 7, 2020

However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The development of an international hydrogen market could also accelerate adoption. —Jon Moore, CEO of BNEF. MMbtu in Russia, $8.7/MMbtu

Gas 243

Gas Global Industrial Industry 243

Teslarati

DECEMBER 16, 2021

Elon Musk may be paying an estimated $15 billion in taxes this year due to his massive sale of part of his TSLA holdings, but his contributions to the US government may end up supporting the fossil fuel industry. These include both direct subsidies to corporations, as well as other tax benefits to the fossil fuel industry.

Tax 140

Tax Industrial Industry Parts 140