International, Market, Oil Prices and Presentations

EIA: International demand will drive US production of petroleum and other liquids through 2050

Green Car Congress

APRIL 5, 2023

Strong continuing international demand for petroleum and other liquids will sustain US production above 2022 levels through 2050, according to most of the cases in the US Energy Information Administration’s (EIA’s) Annual Energy Outlook 2023 (AEO2023). These cases include: The Reference case, which serves as a baseline, or benchmark, case.

International

International Oil Prices Production Oil

The Next Oil Price Spike May Cripple The Industry

Green Car Congress

AUGUST 25, 2017

Two diametrically opposed views dominate the current debate about where the oil price is heading. The first is that at present EVs do not yet outperform ICEVs comprehensively. Of course, a number of things could happen that would prevent such an oil supply crunch, and thus an oil price spike. Since (non-U.S.

Oil Prices

Oil Prices Oil Industrial Industry

The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. The latter is partly caused by “global warming constraints” and lower oil prices in general.

Oil

Oil Industrial Industry Financing

Samsung Heavy Industries and DNV GL sign partnership for new LNG carrier designs

Green Car Congress

JUNE 2, 2017

The scope of the JDP covers design review, safety analysis, market research, various structural and safety evaluations, and if successful will culminate in the award of an Approval in Principle (AiP) from DNV GL. The idea for a 30K LNGC originates from SHI’s own research.

Design

Design Industrial Industry Oil Prices

Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

APRIL 10, 2015

OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC.

Saudi Arabia

Saudi Arabia Venezuela Iran Nigeria

IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs

Green Car Congress

APRIL 23, 2018

million barrels per day over the last five years, IHS Markit says in the new report from its oil markets and research team. Current global total liquids oil demand growth is at similar levels to what was recorded during the 2003 to 2007 commodity super-cycle, referred to as the “golden age” of refining. —Spencer Welch.

Oil

Oil Global 2003 2007

Survey finds LNG-fueled ship orders up 26% in six months

Green Car Congress

MAY 17, 2012

On 6-7 June, Zeus will host an LNG-Fueled Marine Advancements meeting to present the survey, review trends and tour a new LNG-turbine propulsion system by GE. High oil prices, impending emissions regulations and technical advancements are propelling the market faster than we expected. What surprised us is the rate.

South Korea

South Korea Fuel Mariner Finland

BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Green Car Congress

FEBRUARY 25, 2016

The projected change between now and 2040 will have implications beyond the car market. The research estimates that the growth of EVs will mean they represent a quarter of the cars on the road by that date, displacing 13 million barrels per day of crude oil but using 1,900 TWh of electricity. Although some 1.3

Cost Of

Cost Of Sale Global Vehicles

EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

Green Car Congress

FEBRUARY 23, 2017

Beginning with its February Short-Term Energy Outlook (STEO), EIA incorporated revisions to historical international liquids consumption data into the STEO’s international liquid fuels market balances. This review consisted of a closer look at the refined products markets in China, and also a sectoral analysis of energy use.

2000

2000 2016 Fuel China

Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

SEPTEMBER 13, 2017

Each of these sources of domestic demand is increasing, propelled by rising populations, growing incomes and subsidized end-user prices that, despite a recent adjustment, remain among the lowest in the world. Internationally, Saudi Arabia also faces conflicting priorities for its crude oil. This could play out in a number of ways.

Saudi Arabia

Saudi Arabia Oil Production Climate

Australian techno-economic analysis of renewable aviation fuels identifies research priorities to lower the high costs

Green Car Congress

MAY 22, 2013

Sensitivity analyses of the major economic drivers suggest technological and market developments that would bring the corresponding figures down to $385, $255, and $168/bbl, the researchers said in their paper, published in the journal Biofuels, Bioproducts and Biorefining. Pongamia pinnata is a legume tree which produces a seed rich in oil.)

Renewable

Renewable Fuel Australia Oil

Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

Green Car Congress

JUNE 16, 2009

In the near-term (2011), lithium-ion batteries could grow to represent about 21% of the hybrid and EV advanced battery market, according to Dr. Menahem Anderman, President of Advanced Automotive Batteries and the organizer of last week’s Advanced Automotive Battery Conference 2009. If pushed too fast, it could backfire.

Li-ion

Li-ion 2011 Market Hybrid

ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

DECEMBER 22, 2013

biofuel made from cellulose, algae, duckweed, or cyanobacteria) could mitigate the current elevated risk of investing in the industry that is retarding its advance, according to a new paper by a team from the International Council on Clean Transportation (ICCT) and Johns Hopkins University. The Renewable Fuel Standard (RFS2) in the U.S.

Tax

Tax Tax Credit Industrial Industry

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

Green Car Congress

NOVEMBER 24, 2010

Although co-production plants are much more costly than liquids-only configurations in terms of capital cost, Hari Mantripragadaa1 and Edward Rubin found, because of the high electricity revenues the cost of liquid product is lower than that of the liquids-only case, at market prices of electricity.

Coal

Coal Oil Prices CO2 Gas-Electric

MITEI releases report on Electrification of the Transportation System

Green Car Congress

JANUARY 13, 2011

The resulting report reflects the major points of discussion, and presents a range of possible next steps for the consideration of policy makers and other interested individuals and entities. Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility.

Transportation

Transportation MIT Oil Prices Oil

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Green Car Congress

JULY 12, 2011

scenarios, and the sensitivity of the model to particular factors, the analysis reveals areas where intervention may be warranted: The capital costs associated with vehicle purchase, in relation to the costs for conventional vehicles; Supply constraints in the Australian market; and. supply constraints into the Australia market.

PHEV

PHEV Oil Prices Australia Price

Volkswagen Group invested €11.5B (US$12.9B) in R&D in 2014; ongoing focus on electromobility and digitalization of vehicles

Green Car Congress

MARCH 2, 2015

Speaking on the eve of the Geneva International Motor Show, Prof. Winterkorn also emphasized that Volkswagen remains committed to its environmental goals, and noted that the present low level of oil prices would not change that. Oil will not be as cheap as it is at the moment for ever.

2014

2014 Vehicles Automobile Climate

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

DECEMBER 5, 2012

Biofuels grow at a slower rate due to lower crude oil prices and. The decline reflects increased domestic production of both petroleum and natural gas, increased use of biofuels, and lower demand resulting from the adoption of new vehicle fuel efficiency standards and rising energy prices. Biomass and biofuels growth is slower.

Fuel

Fuel Energy Sale 2013

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). North America emerges as a net oil exporter, accelerating the switch in direction of international oil trade, with almost 90% of Middle Eastern oil exports being drawn to Asia by 2035.

Global

Global 2012 Energy Oil

Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

Green Car Congress

FEBRUARY 9, 2010

The recall of Toyota’s Prius is causing some observers to question whether the prospects for the entire hybrid electric vehicle (HEV) and electric vehicle (EV) markets are fundamentally hurt. That is why many OEMs are beginning to rebuild their internal electronics and system engineering capabilities after many years of outsourcing.

Prius

Prius Toyota PHEV Hybrid

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

AUGUST 30, 2009

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. by Brian J.

Transportation

Transportation Fuel Renewable Gasoline-Electric

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

JULY 2, 2013

The underlying assumption is that the world will immediately use whatever oil can be pumped from the ground, and that supply is independent of demand—that is, oil exploration investments bear no relation to the current oil price or expectations of future demand.

Oil

Oil Oil-Sands Fuel Economy Transportation

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Green Car Congress

MARCH 2, 2013

The oil sands’ GHG results do not necessarily represent the average or actual oil sands composition (i.e., the types and shares of oil sands-derived crudes) that would flow through the proposed pipeline. “.from Market analysis. —Draft SEIS. —Draft SEIS. Background.

Climate Change

Climate Change Oil-Sands Nebraska Climate

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

FEBRUARY 4, 2011

The report, Plug-In Electric Vehicles: A Practical Plan for Progress , examines public policies toward PEVs, taking into account the promise and limitations of PEVs, recent improvements in battery technology, market dynamics, and the proliferation of policies around the world that promote the use of PEVs. Market Drivers.

Plug-in

Plug-in 2015 Plug Recharge

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Green Car Congress

SEPTEMBER 28, 2011

In setting priorities for our R&D activities, DOE will support technologies that can integrate with existing energy infrastructure to ease market adoption. Electrification is the next greatest opportunity to dramatically reduce or eliminate oil consumption in the light-duty vehicle fleet.

Transportation

Transportation Fuel Economy Light Fuel

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Green Car Congress

NOVEMBER 10, 2009

“Betting on Science – Disruptive Technologies in Transport Fuels” selected 12 innovations in electrification and genetically modified biofuels, as well as existing fuel sources that will have the most immediate impact on emissions and on the gasoline and diesel markets. by 2014) and also examines different global markets.

Transportation

Transportation Supplies Emissions Fuel

Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

AUGUST 13, 2015

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. Prices rebounded to $60 for a few months, before falling once again below $50.

Saudi Arabia

Saudi Arabia Oil Iraq Iran

Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

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. Party On, Dude!

Oil

Oil Oil-Sands Oil Prices 2015

Pure electricity and hydrogen energy may become the mainstream of new energy in the future

Setec Powerr

SEPTEMBER 30, 2022

A few days ago, Kenworth executives said in a speech at the headquarters that the brand will continue to invest in pure electric and hydrogen-powered trucks to meet the market challenges brought about by future truck innovations.

Hydrogen

Hydrogen Kenworth Energy Future

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

JUNE 23, 2011

While production costs and refining costs for heavy oil exceed that for light oil, applying information technology solutions for decision-making has provided a significant increase in the margins and profits of operations, according to Chevron engineers in a paper presented on their system earlier this year.

Chevron

Chevron Oil Oil-Sands Production

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Green Car Congress

NOVEMBER 13, 2013

WEO-2013 presents a central scenario (“New Policies”) in which global energy demand rises by one-third in the period to 2035, although energy demand in OECD countries barely rises and by 2035 is less than half that of non-OECD countries. Oil use grows, but in a narrowing set of markets. Mobility and oil. Gt by 2035.

Oil

Oil 2013 Energy Emissions

IHS Markit identifies 5 billion barrels of oil equivalent in short-cycle opportunities outside North America

Green Car Congress

JANUARY 31, 2018

New energy research from business information provider IHS Markit has identified more than five billion barrels of oil equivalent (BOE) in numerous smaller, previously bypassed, or underperforming reservoirs outside North America that offer oil and gas operators a shorter-cycle path to production than new, frontier projects in undeveloped areas.

North America

North America Oil America Oman

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Shai Agassi presented their new business model at Davos. 1) Nurture My Body (1) OESX (1) OIL ETN (1) OTCBB:PPRW (1) Oasys (1) Ocean Dead Zones (1) PLX Devices (1) PNE3.DE 1) Nurture My Body (1) OESX (1) OIL ETN (1) OTCBB:PPRW (1) Oasys (1) Ocean Dead Zones (1) PLX Devices (1) PNE3.DE 2) Chevy Volt (2) China (2) ECOD3.SA

Grid

Grid Electric Vehicles Vehicles Oil-Sands

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

JANUARY 4, 2021

Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. COVID-19 pandemic has hit the automotive market hard. As the automotive market takes a dive, EVs show strength. More eco-conscious markets will help EVs to emerge stronger.

Economy

Economy Electric Vehicles Vehicles Electric

EV Driven

EIA: International demand will drive US production of petroleum and other liquids through 2050

The Next Oil Price Spike May Cripple The Industry

The $32-Trillion Push To Disrupt The Entire Oil Industry

Samsung Heavy Industries and DNV GL sign partnership for new LNG carrier designs

Opinion: How Much Longer Can OPEC Hold Out?

IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs

Survey finds LNG-fueled ship orders up 26% in six months

BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Australian techno-economic analysis of renewable aviation fuels identifies research priorities to lower the high costs

Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

MITEI releases report on Electrification of the Transportation System

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Volkswagen Group invested €11.5B (US$12.9B) in R&D in 2014; ongoing focus on electromobility and digitalization of vehicles

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

Pure electricity and hydrogen energy may become the mainstream of new energy in the future

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

IHS Markit identifies 5 billion barrels of oil equivalent in short-cycle opportunities outside North America

Cleantech Blog: Smart Grids and Electric Vehicles

Can Electric Vehicles Speed Up As The Economy Slows Down?

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