Green Car Congress

JULY 6, 2018

The reason they are likely to join in is that unlike in previous oil price cycles, now there are alternatives to fossil fuels. Electrification is where OPEC may have to face off with a future oil buyers’ cartel. At the same time, it still imports crude and quite a lot of it, so it cares about oil prices as a large buyer.

Oil 150

Oil India Oil Prices Japan 150

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). Overview of the Sargas system. Source: Sargas. Click to enlarge.

Oil 220

Oil Carbon Gas Gas-Electric 220

Green Car Congress

FEBRUARY 25, 2016

According to Salim Morsy, senior analyst and author of the study, the central forecast is based on the crude oil price recovering to $50/barrel, and then trending back up to $70 or higher by 2040. —Colin McKerracher, lead advanced transportation analyst at BNEF. Although some 1.3 per year.

Cost Of 150

Cost Of Sale Global Vehicles 150

Green Car Congress

JUNE 27, 2012

Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Such an increase in capacity could prompt a plunge or even a collapse in oil prices, he suggests.

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

FEBRUARY 3, 2015

Oil companies are scratching their heads trying to figure out how to deal with a collapse in oil prices, now below $50 per barrel. Statoil, the semi-state-owned oil company from Norway, has been an offshore leader and Arctic pioneer.

Oil 150

Oil Alaska Oil Prices 2015 150

Green Car Congress

JULY 6, 2017

The result will be rapidly rising market shares for electric vehicles in the biggest markets, even with oil prices staying low. Countries that have made early progress in EV uptake are expected to be among the leaders in 2040, including Norway, France, and the UK.

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PHEV Sale Lithium Ion Cars 170

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150

Oil Standards Price Oil Prices 150

Green Car Congress

APRIL 7, 2010

Offsetting this projected supply growth in 2010 are further declines in mature fields in Mexico, the United Kingdom, and Norway. US crude oil production averaged 5.32 Projected growth in domestic crude oil production moderates to 200,000 bbl/d in 2010 and 70,000 bbl/d in 2011. per gallon in 2009 to $2.84 in 2010 and to $2.96

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2008 2010 Emissions Fuel 186

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. Despite the growth in low-carbon sources of energy, fossil fuels remain dominant in the global energy mix, supported. — WEO-2012.

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Global 2012 Energy Oil 225

Green Car Congress

DECEMBER 8, 2014

The evolving deepwater sector, primarily driven by North Sea assets, has driven investment into Europe’s oil and gas start-up community; Norway, accounts for about 55% of Europe’s investment activity. European companies have also raised significant funding, with $770 million from 107 transactions, Lux found.

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Oil Oil-Sands 2003 Gas 210