Green Car Congress

OCTOBER 7, 2021

Liquid fuels remain the largest source of energy consumption, driven largely by the industrial and transportation sectors. Oil and natural gas production will continue to grow, mainly to support increasing energy consumption in developing Asian economies. —Stephen Nalley.

Global 259

Global Energy Emissions Asia 259

Green Car Congress

AUGUST 9, 2016

France-based Total is the first oil supermajor aggressively to enter new areas of business including solar plus storage and distributed generation, notes Lux Research in a new report : “Superpower Darwinism: What Big Oil Can and Cannot Do About Total’s Billion-Dollar Battery Move.”.

Oil 150

Oil Solar Energy Storage Asia 150

Green Car Congress

MARCH 11, 2019

New research released by NTEA – The Association for the Work Truck Industry confirms that fleets across the country are increasingly relying on biodiesel for their existing and new diesel vehicles. It is highly likely that clean energy solutions will remain relevant due to oil price instability.

Purchase 207

Purchase Fleet 2019 Diesel 207

Green Car Congress

JUNE 19, 2012

GE has concluded a commercial alliance agreement with Norway-based Sargas AS to provide a gas turbine for one of the world’s first gas-fired plants with integrated carbon capture for enhanced oil recovery (EOR). Sargas is fortunate in being able to partner with best-in-class industrial giants including DSME of Korea. Source: Sargas.

Oil 220

Oil Carbon Gas Gas-Electric 220

Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). The oil market is at a crossroads.

Oil 255

Oil Oil-Sands Global Oil Prices 255

Green Car Congress

JULY 14, 2011

Proponents of the concept of peak oil supply argue that the world faces a situation—possibly very soon—in which its capacity to produce oil hits a ceiling, with demand subsequently having to adjust as supply begins to decline and alternatives to oil move into the market to fill the gap. Earlier post.).

Oil 225

Oil Oil Prices Climate Change Supplies 225

Green Car Congress

DECEMBER 16, 2013

Among the more detailed transportation projections in AEO2014 are: LDVs powered by gasoline remain the dominant vehicle type in the AEO2014 Reference case, retaining a 78% share of new LDV sales in 2040, down from their 82% share in 2012. Industrial shipments are expected to grow at 3.0% MMbbl/d achieved in 1970.

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

NOVEMBER 23, 2017

In January 2015 Sasol announced it was delaying a final investment decision on the proposed project near Lake Charles, Louisiana to conserve cash in response to lower oil prices. Sasol has also decided not to invest in any additional crude oil refining capacity. —Stephen Cornell.

Oil Prices 150

Oil Prices Louisiana South Africa Oil 150

Green Car Congress

MAY 30, 2019

ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. billion barrels of discovered recoverable resource. —Darren Woods.

Papua New Guinea 191

Papua New Guinea Emissions Carbon Guyana 191

Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.”

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

Oil 207

Oil Oil-Sands Fuel Economy Transportation 207

Green Car Congress

APRIL 22, 2013

improved battery chemistry that allows for faster and deeper charging and reductions in battery cell and other component costs), and oil prices increasing to $200 per barrel: Low. The specific reduction depends on improvements in ICE technologies, as well as changes in the electric power generation fuel mix.

Oil Prices 294

Oil Prices Vehicles 2012 Light 294

Green Car Congress

JULY 25, 2013

Renewable energy and nuclear power are the world’s fastest-growing energy sources, each increasing 2.5% The Brent crude oil spot price averaged $112 per barrel in 2012, and EIA’s July 2013 Short-Term Energy Outlook projects averages of $105 per barrel in 2013 and $100 per barrel in 2014. Liquid fuels.

2010 317

2010 Transportation Fuel Energy 317

Green Car Congress

JUNE 19, 2012

Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading marine engine manufacturer, has begun exporting the gas engine Hyundai HiMSEN H35/40GV after completing test runs. The new gas engine runs on liquefied natural gas rather than heavy crude oil and has a maximum power output of 13,000 bhp (9,694 kW).

Hyundai 240

Hyundai Engine South Korea Oil Prices 240

Green Car Congress

APRIL 3, 2022

This collaboration comes at a timely moment, on the back of rising oil prices. Liquid organic hydrogen carriers are flexible media for the storage and transportation of renewable energy. NTU researchers will work closely with our partners to develop better catalysts, and more efficient reactors for extracting hydrogen.

Singapore 150

Singapore Hydrogen Corporation Japan 150

Green Car Congress

JUNE 23, 2011

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.

Chevron 244

Chevron Oil Oil-Sands Production 244

Green Car Congress

APRIL 14, 2015

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. Tcf in the High Oil and Gas Resource case.

2020 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

DECEMBER 21, 2015

Subsequently, the company used data on electricity and oil prices; government incentives; charging infrastructure; vehicle costs; and other factors to determine the business case of an electrified vehicle (HEV, PHEV, or BEV) purchase against its conventional competitor in each forecast year.

Light 150

Light Sale Global Oil Prices 150

Green Car Congress

AUGUST 28, 2017

The IMO fuel sulfur content regulation will have a significant global impact on both the refining and the shipping industries. As a result, both industries will experience rapid change and significant cost and operational impacts, according to new analysis from IHS Markit. Heavy fuel oil (HFO) is the predominant marine fuel.

Mariner 150

Mariner 2020 Fuel Oil 150

Green Car Congress

NOVEMBER 11, 2010

Advanced biofuels, concentrated solar power (CSP), and solar photovoltaic power (PV) will see accelerating adoption and growth and are on track to change the global energy mix far earlier than is often assumed, according to a new report from The Boston Consulting Group (BCG). By 2020, CSP could provide power at $0.10

Solar 295

Solar Power Powered Boston Consulting Group 295

Green Cars News

JANUARY 6, 2011

While the global economic climate may still be fairly dire, a new report suggests that for the UK auto industry growth will be driven by new technology and investment into alternative fuel powertrains over the coming few years. While rising oil prices might seem to pose a threat to auto makers, according to the latest [.].

Alternative Fuels 53

Alternative Fuels Industrial Industry Fuel 53

Green Car Congress

MAY 17, 2012

Following a world survey of the marine industry, Zeus Development Corporation has identified 63 LNG-fueled ships in operation or under development, up from 48 units last December. High oil prices, impending emissions regulations and technical advancements are propelling the market faster than we expected. —Tom Campbell.

South Korea 218

South Korea Fuel Mariner Singapore 218

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). —Adnan Z. Amin, Director-General of IRENA. Source: IRENA. Click to enlarge.

Renewable 150

Renewable Parts Power Powered 150

Green Car Congress

OCTOBER 6, 2015

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. Live by Energy….

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

APRIL 28, 2014

The fuel burns to produce intense temperature and pressure in the engine, which provides highly efficient power to turn electrical generators. This research will help determine whether DICE can enable brown coal to produce Australia’s lowest cost, reduced CO 2 electricity for the staged replacement of existing coal power plants.

Coal 257

Coal Carbon Engine Emissions 257

Green Car Congress

JUNE 26, 2009

In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Fossil oil consumption decreased by one per cent, due to high prices and more biofuels.

2008 170

2008 Oil Renewable Emissions 170

Green Car Congress

SEPTEMBER 20, 2011

In addition to technological advances, price developments play a key role in determining overall energy usage, Worldwatch notes. World crude oil prices more than tripled between 2004 and 2008—the fastest rise since the oil crisis of the late 1970s—contributing to the sharp decline in energy intensity during that period.

2010 246

2010 Global Energy 2008 246

Green Car Congress

JUNE 11, 2018

In 2016, the IMO confirmed that global refiners and shippers would have to comply with these new environmental regulations five years earlier than many anticipated, which sent tidal waves through two industries that typically take many years to adapt to such significant change. Such a move would be a significant deterrent to non-compliance.

Fuel 170

Fuel Mariner Oil 2020 170

Green Car Congress

MAY 24, 2012

Coal accounted for 45% of total energy-related CO 2 emissions in 2011, followed by oil (35%) and natural gas (20%). CO 2 emissions in the United States in 2011 fell by 92 Mt, or 1.7%, primarily due to ongoing switching from coal to natural gas in power generation and an exceptionally mild winter, which reduced the demand for space heating.

2011 230

2011 Global Emissions CO2 230

Green Car Congress

DECEMBER 5, 2012

Sales of battery-powered electric vehicles are 65% lower in the AEO2013 Reference case than the year before, with annual sales in 2035 estimated to be about 119,000. AEO2013 offers a number of other key findings, including: Crude oil production , especially from tight oil plays, rises sharply over the next decade.

Fuel 225

Fuel Energy Sale 2013 225

Green Car Congress

JANUARY 19, 2011

Natural gas is projected to be the fastest growing fossil fuel, and coal and oil are likely to lose market share as all fossil fuels experience lower growth rates. OECD oil demand peaked in 2005 and in 2030 is projected to be roughly back at its level in 1990. Oil, excluding bio-fuels, will grow relatively slowly at 0.6%

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

JULY 20, 2012

savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. tonnes per capita—within the range of 6 to 19 tonnes per capita emissions of the major industrialized countries. Global fossil oil consumption increased by about 2.9%

2011 236

2011 Emissions CO2 Global 236

Green Car Congress

JANUARY 8, 2012

Hyundai Heavy Industries, the world’s largest shipbuilder and offshore facilities contractor, has completed developing its own Hyundai FLNG (Floating Liquefied Natural Gas Plant) model in association with Linde AG. Rendering of the Hyundai FLNG. Click to enlarge. Earlier post.) Earlier post.) The FLNG consists of hull and topside facilities.

Hyundai 199

Hyundai Oil Prices Gas Mariner 199

Green Car Congress

NOVEMBER 12, 2012

The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. barely rises in OECD countries, although there is a pronounced shift away from oil, coal (and, in some countries, nuclear) towards natural gas and renewables. Oil demand reaches 99.7

Global 225

Global 2012 Energy Oil 225

Green Car Congress

SEPTEMBER 26, 2017

When a geologist looks for new oil reserves, we typically go back to geologic targets where we know oil was targeted and produced previously, and in a well file, we call those targets the producing or completion formations. —John Roberts.

Oil 150

Oil New Mexico Oil Prices Production 150

Green Car Congress

MAY 27, 2009

World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.

2006 150

2006 Emissions Energy Oil-Sands 150

Green Car Congress

JANUARY 13, 2011

Electrification will reduce emissions, with the scale determined by the carbon intensity of the power sector. Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility. Vehicle technologies. —Deutch and Moniz.

Transportation 252

Transportation MIT Oil Prices Oil 252