Green Car Congress

AUGUST 20, 2019

This can be used to power hydrogen-powered vehicles, which are already marketed in some countries, as well as to generate electricity. The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. This compares with current H 2 production costs of around $2/kilo.

Oil-Sands 375

Oil-Sands Oil Hydrogen Venezuela 375

Green Car Congress

NOVEMBER 2, 2020

Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). It will see production rise across all regions of the world, with the exception of Europe, where it will decline by 70% by 2050.

Turkmenistan 170

Turkmenistan Equatorial Guinea United Arab Emirates Gas 170

Green Car Congress

APRIL 27, 2017

It brings an additional cause of concern for global energy security at a time of heightened geopolitical risks in some major producer countries, such as Venezuela, the IEA said. There, investment rebounded sharply and output rose, on the back of production costs being reduced by 50% since 2014. In addition, 6.5

Oil 150

Oil 2016 Oil-Sands Global 150

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.” Venezuela’s Woes.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

FEBRUARY 3, 2015

However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year. China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015.

2015 150

2015 Light Market Global 150

Green Car Congress

JANUARY 1, 2010

Venezuela state-owned PDVSA and Italy-based Eni are finalizing a planned 60:40 joint venture to produce heavy crude oil in Junin Block 5 in the Orinoco Oil Belt in Venezuela in 2014. The initial phase, starting in 2014, is targeting the production of 75,000 barrels per day. The Orinoco Belt. Source: PFC. Click to enlarge.

Venezuela 186

Venezuela Oil Oil-Sands 2009 186

Green Car Congress

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices. This decision set crude prices on a downward path.

Russia 150

Russia Saudi Arabia Oil Market 150

Green Car Congress

DECEMBER 9, 2011

Rosneft, the leader of Russia’s petroleum industry and majority owned (75.6%) by the state, and PDVSA, Venezuela’s state-owned oil and gas company, have signed a tentative memorandum of understanding (MoU) to set up a joint venture to develop heavy crude oil reserves in Venezuela as part of the Carabobo-2 project.

Venezuela 170

Venezuela Oil Commercial 2015 170

Green Car Congress

FEBRUARY 25, 2016

Production cost and breakeven figures that analysts enjoy bandying can trap you in bubble of black-and-white mathematics that is a few brush-strokes shy of a full picture. Saudi Arabia and Kuwait enjoy some of the lowest production costs in the world, at about $10 and $8.50, respectively, according to Rystad Energy data.

Saudi Arabia 150

Saudi Arabia Oil Oil-Sands Iraq 150

Green Car Congress

NOVEMBER 28, 2012

Long a major onshore and offshore producer of conventional crude, the recent growth in Canada’s liquids production has been driven by bitumen and upgraded synthetic crude oil produced from the oil sands of Alberta. Canada is the largest supplier of foreign oil to the United States, followed by Saudi Arabia, Mexico, and Venezuela.

Canada 225

Canada Saudi Arabia Oil-Sands 2012 225

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. Current product flow at Kern River field. Data: California DOGGR.

Chevron 244

Chevron Oil Oil-Sands Production 244

Green Car Congress

JUNE 22, 2010

GM South America includes GM’s existing sales and manufacturing operations in Brazil, Argentina, Colombia, Ecuador and Venezuela as well as sales activities in those countries and Bolivia, Chile, Paraguay, Peru and Uruguay. In the first five months of the year, GM sold 394,000 vehicles in South America and its market share was 20.2%.

South America 186

South America America GM Paraguay 186

Green Car Congress

AUGUST 12, 2015

With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. The Saudis have kept their production levels high since last year in order to drive other players (especially US shale drillers) out of business.

Oil Prices 150

Oil Prices Saudi Arabia Oil Price 150

Green Car Congress

MAY 23, 2016

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. There will always be a need for additional production.

Saudi Arabia 150

Saudi Arabia Iran Store Oil 150

Green Car Congress

JULY 11, 2016

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) crude oil output surged 300,000 barrels per day (b/d) in June, close to an eight-year high of 32.73 If the situation persists, the case for a return to some kind of production cap may gain traction. million b/d in June in order to meet domestic demand.

Saudi Arabia 150

Saudi Arabia 2008 Iran Nigeria 150

Green Car Congress

JULY 28, 2015

Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy. With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? How will Saudi Arabia Capture Market Share Downstream? By offering almost 2.8

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

JULY 21, 2009

In addition, GM Daewoo provides market and brand-specific vehicle kits for assembly at GM facilities in China, Thailand, India, Colombia and Venezuela. million units, including CKD (completely knocked down) products. GM Daewoo now produces vehicles and kits to offer in more than 150 markets on six continents.

2011 150

2011 GM South Korea Hybrid 150

Green Car Congress

AUGUST 9, 2013

In the absence of the pipeline, alternate transportation routes would result in oilsands production growth being more or less unchanged, IHS CERA found. IHS currently expects oil sands production to grow from 1.9 mbd in 2030 and does not expect the Keystone XL decision to have a material impact on the production outlook.

Venezuela 275

Venezuela Oil-Sands Oil Canada 275

Green Car Congress

JULY 10, 2015

Based on future world energy demand projections, they estimate that if growth of unconventional heavy oil production continues unabated, the incremental GHG emissions that results from replacing conventional oil with heavy oil would amount to 4–21 Gt-CO 2 eq over four decades (2010 by 2050). —Nduagu & Gates.

Oil-Sands 150

Oil-Sands Oil Energy Fuel 150

Green Car Congress

OCTOBER 6, 2015

Control over the transportation assets in this region together with vast gas reserves make Russia the key element of this new market.”. The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. The emergence of the U.S.,

Russia 150

Russia Saudi Arabia Iran Iraq 150

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. Market” forces include many components. percentage points.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

AUGUST 26, 2011

Comparison of the percent differential for WTW (well-to-wheel) GHGs from gasoline produced from WCSB oil sands using different production processes relative to gasoline produced from reference crudes. Market conditions, noted the EIS, not the operator of the pipeline, would determine the refining locations of the crude oil.

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Oil-Sands Emissions Oil Oklahoma 253

EV Info

SEPTEMBER 23, 2021

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. And get rid of prices caps that are distorting the market.

Power 52

Power Powered Wind Coal 52

Green Car Congress

NOVEMBER 15, 2012

When the oil sands products refined in the United States are considered—a mixture of oil sands and lower-carbon blending components—the GHG emissions are, on average, 9% higher than the average crude processed in the US.

Oil-Sands 388

Oil-Sands Oil Emissions United States 388

Green Cars News

JULY 13, 2009

A new study has unveiled the health, wealth and environmental benefits of the mass-market adoption of electric cars, suggesting that electric cars could account for a staggering 64 per cent of all car sales in the US by 2030. million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela.

Electric Cars 42

Electric Cars Sale Cars Gasoline-Electric 42

Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. A state-controlled entity can do whatever it wants including shutting in production to manipulate prices without fear of prosecution. production declines.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

MARCH 30, 2016

According to Clipper Data market intelligence cited by the Financial Times , we’ve seen a 5 percent decline in U.S. crude oil is Venezuela. In early February, Venezuela’s state-run oil company PDVSA imported a 550,000-barrel cargo of West Texas Intermediate (WTI) through its U.S.-based Atlantic Trading & Marketing, the U.S.

Oil 150

Oil Venezuela France Asia 150

Green Car Congress

NOVEMBER 13, 2011

Alternative technologies, such as hybrid and electric vehicles that use oil more efficiently or not at all, continue to advance but they take time to penetrate markets. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. The passenger vehicle fleet doubles to almost 1.7

Oil 247

Oil Transportation Cheap Fleet 247

Cars That Think

JANUARY 29, 2022

Spiking demand for electric heat collided with supply problems created by frozen natural-gas equipment and below-average wind-power production. Similar mismatches in supply and demand contributed to massive cascading blackouts in August 2003 in the northeastern United States and Canada, in July 2012 in India , and in March 2019 in Venezuela.

Power Grid 102

Power Grid Grid Power Powered 102

Green Car Congress

MAY 27, 2022

For example, in Nigeria, Glencore and Glencore’s UK subsidiaries entered into multiple agreements to purchase crude oil and refined petroleum products from Nigeria’s state-owned and state-controlled oil company. Glencore also admitted to bribery of officials in Brazil and Venezuela. Gulf Coast High-Sulfur Fuel Oil).

Los Angeles 199

Los Angeles Equatorial Guinea Price Nigeria 199

Drive Electric

AUGUST 9, 2022

This is the sum of the emissions from raw materials, production, shipping, operation and end-of-life disposal – not just how clean it is to operate. Battery production is known to be the most energy-intensive part of the manufacturing process of an EV. In comparison, EV engines run on lithium batteries.

Environment 98

Environment Electric Vehicles New Zealand Vehicles 98

Drive Electric

AUGUST 9, 2022

That’s why when measuring the efficiency of a vehicle, it’s become common to measure the processes involved in the entire ‘life cycle’ of a vehicle – what’s referred to as ‘cradle to grave’, or the sum of the emissions from raw materials, production, shipping, operation, and recycling – not just how clean it is to drive.

Environment 52

Environment Electric Vehicles New Zealand Vehicles 52