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

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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). Eventually this trend becomes unprofitable, at which point new drilling stops.

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International automotive researchers emphasize the importance of continued development of the internal combustion engine

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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.

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SAKOR Technologies provides new hydraulic cam phaser performance test system for major international provider of drivetrain components

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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.

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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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Neste introduces co-processed marine fuel in partnership with Nordic Marine Oil; up to 80% GHG emission reduction

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Together with its partner Nordic Marine Oil, Neste is piloting a new Neste Marine 0.1 is a range of low-sulfur marine fuels (Neste MGO DMA and Neste MDO DMB) with a sulfur concentration of less than 0.1%. Nordic Marine Oil specializes in the supply of bunker fuels and lubricating oil to the shipping industry.

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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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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. —Gabriel Collins.

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Indian Oil eyes fuel supply for Formula 1 cars | Autocar Professional

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Indian Oil Corp, the country’s largest fuel marketing company, plans to secure fuel supply contracts from teams participating in the Formula 1 championship. “We We expect to manufacture the fuel for Formula 1 cars and obtain the required certifications within three months,” Indian Oil Chairman Shrikant Madhav Vaidya said.

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