Green Car Congress

APRIL 23, 2018

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

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Green Car Congress

AUGUST 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. With a bear market back, there is pessimism throughout the oil markets. Also, the ban on oil exports kept oil stuck within US borders.

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Oil Prices Oil United States North America 150

Green Car Congress

OCTOBER 2, 2019

The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

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Oil Gas Oil Prices Water 199

Green Car Congress

APRIL 8, 2015

In North America, nearly 37% of new light duty vehicles sold in North America are expected to have the feature by 2020, with the rate expected to hit 46% by 2024 and grow steadily. Western Europe leads in adoption of SSVs, and Navigant expects the market there to be close to saturation by the end of the decade.

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Light North America Global Sale 150

Green Car Congress

DECEMBER 21, 2015

In a new report, Electric Vehicle Market Forecasts , Navigant research projects that under its base scenario, global sales of light duty electrified vehicles (i.e., The growth of PEV market share will be aided in part by the number and variety of PEV offerings coming to the market over the next several years. million in 2024.

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Light Sale Global Oil Prices 150

Green Car Congress

SEPTEMBER 7, 2012

Oxford Catalysts Group PLC has been selected to supply Calumet Specialty Product Partners, L.P. Calumet is a specialty petroleum products manufacturer, operating 135,000 bpd of refining capacity in the United States, and producing some 1,500 different products. —Roy Lipski, CEO of Oxford Catalysts Group.

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Green Car Congress

JULY 5, 2016

Whereas fuel cost used to be a major driver for fleet managers, the lowering of oil prices and the availability of low-cost natural gas has reduced this concern, Navigant notes. A major factor has always been the cost of battery packs.

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Global Sale North America Oil Prices 150

Green Car Congress

JUNE 13, 2012

Oil remains the world’s leading fuel, but its 33.1% Coal’s market share of 30.3% The “Arab Spring” affected oil and gas supplies—most notably the complete, albeit temporary, loss of Libyan supply—while the tragic Fukushima accident in Japan had knock-on effects for nuclear and other energy sources around the world.

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Coal Oil Renewable Saudi Arabia 261

Baua Electric

APRIL 28, 2024

. “While we saw drops in EV battery shipment in the first quarter caused by customers’ battery inventory adjustment, we expect to see improved market environment backed by launches of new EVs in North America,” SK On Chief Financial Officer Kim Kyunghoon said in a post-earnings conference call.

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Auto Battery Batteries South Korea 52

Green Car Congress

JUNE 20, 2011

Separately, a new report by Pike Research forecasts that green chemistry represents a market opportunity that will grow from $2.8 BDO is used to make spandex, automotive plastics, running shoes, and many other products; it has an approximately 2.8 billion pound, $3-billion worldwide market. billion in 2011 to $98.5

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Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Green Car Congress

JANUARY 23, 2012

EIA’s AEO2012 projects a continued decline in US imports of liquid fuels due to increased production of gas liquids and biofuels and greater fuel efficiency. The US Energy Information Administration (EIA) released its Reference case projections for US energy markets through 2035. Source: EIA. Click to enlarge.

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Oil 2005 Production 2010 210

Green Car Congress

NOVEMBER 24, 2010

Comparison of coal consumption and CO 2 emissions for co-production and separate production of liquids and power. The main reason for the better performance and economics of the dry-feed [Shell] system is the larger fraction of CO and H 2 , the main reactants in a FT reaction, in the gasifier products compared to the GE system.

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Coal Oil Prices CO2 Gas-Electric 231

Green Car Congress

AUGUST 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. percentage points.

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Saudi Arabia Russia Oil 2015 150

Green Car Congress

NOVEMBER 7, 2011

Further, improved supply prospects for natural gas are likely to lead to decoupling of oil and gas markets, according to the study. The world is nearing a paradigm shift in oil demand. The predominant role of oil in the global energy mix is facing an ever greater challenge from a number of emerging trends.

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Oil 2010 2020 Global 210

Green Car Congress

FEBRUARY 26, 2010

Jack Rosebro, founder of Perfect Sky in Los Angeles [and a contributor to Green Car Congress ], spoke of the need for government policy makers to move beyond incremental changes that are not providing enough incentive for the market to produce alternatives to oil as the almost exclusive source of energy for road and rail transportation.

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Electric Vehicles Vehicles Los Angeles Canada 186

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.

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North America Oil America Oman 150

Green Car Congress

MAY 9, 2020

The second quarter of 2020 will see the largest volume of liquids production cuts, including shut-in production, in the history of the oil industry, according to IHS Markit. All producing countries are subject to the same brutal market forces. —Jim Burkhard, vice president and head of oil markets, IHS Markit.

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Oil 2020 Global Oil Prices 170

Green Car Congress

NOVEMBER 12, 2012

The cost of fossil-fuel subsidies has been driven up by higher oil prices; they remain most prevalent in the Middle East and North Africa, where momentum towards their reform appears to have been lost. The result is a continued fall in US oil imports, to the extent that North America becomes a net oil exporter around 2030.

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Global 2012 Energy Oil 225

Green Car Congress

FEBRUARY 3, 2010

The NPRA complaint claims that the LCFS violates the Commerce Clause because: It directly regulates interstate and foreign commerce and extraterritorial conduct, including the extraction, production and transport of transportation fuels and fuel feedstocks outside of California. By regulating the fuel pathway of transportation fuels—i.e.,

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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. Emissions Forecasts Fuels Oil'

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Oil Oil-Sands Fuel Economy Transportation 207

Green Car Congress

NOVEMBER 13, 2013

The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Oil use grows, but in a narrowing set of markets. Mobility and oil. The decline in oil use in OECD countries accelerates. Technology and oil.

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Oil 2013 Energy Emissions 275

Green Car Congress

AUGUST 13, 2015

In October, Saudi sources first prepared the market with statements that the country would be comfortable with oil prices as low as $80 per barrel for “a year or two.” At the November OPEC meeting, the Saudi oil minister, Ali Al-Naimi, publicly announced Saudi Arabia would allow market forces to set prices.

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Saudi Arabia Oil Iraq Iran 150

Green Car Congress

DECEMBER 8, 2014

Investment into emerging oil and gas E&P (exploration and production) technologies, which were nearly non-existent in 2003, at just $57 million, have attracted nearly $7 billion in private investment from 497 unique transactions, according to a new report from Lux Research, “ Investing in Next Generation Oil and Gas Technologies ”.

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Green Car Congress

APRIL 15, 2015

On the desalination front, Netherlands-based Salttech has developed breakthrough technology called Salttech DyVaR, for which STW has the exclusive license in North America. But there is no turning back now. Salttech is a think tank with brilliant engineers and scientists who are always asking how they can make it better.

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