Green Car Congress
NOVEMBER 9, 2022
The US Energy Information Administration (EIA) expects that low inventories of distillate fuels, which are primarily consumed as diesel fuel and heating oil, will lead to high prices through early 2023. Renewable energy is the only source that increases its share of electricity generation in 2023 in our forecasts,” DeCarolis said.
Green Car Congress
JANUARY 11, 2023
EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. Areas of uncertainty include Russian oil supply and OPEC production. per gallon in 2024.
Green Car Congress
MAY 26, 2023
Higher crude prices and continued optimization improvements have driven the first upward revision to the S&P Global Commodity Insights 10-year oil sands production outlook in more than half a decade. Higher oil prices have driven record returns for the Canadian oil sands.
Green Car Congress
JUNE 23, 2022
A new analysis by European environmental NGO Transport & Environment finds that Europe burns more than 17,000 tonnes of rapeseed and sunflower oil every day—the equivalent of 19 million 1-liter bottles. Supermarkets have had to ration vegetable oils and prices are soaring. —Maik Marahrens, biofuels campaigner at T&E.
Green Car Congress
SEPTEMBER 5, 2019
has developed proprietary, breakthrough processes that convert either low-carbon isobutanol or low-value fusel oils—a mixture of alcohols that are byproducts from fermentation processes such as alcohol production—into renewable diesel. Gevo expects this to open yet another door for Gevo products.
Green Car Congress
DECEMBER 12, 2021
Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. Investment slumped by 30% in 2020.
Green Car Congress
DECEMBER 20, 2021
Oy Kati Ab, a long-term drilling contractor of Keliber, a company developing a European lithium project ( earlier post ), has started to use Neste MY Non Road Diesel renewable fuel oil in the drill rig at Keliber’s exploration site in Central Ostrobothnia. The measure will reduce the emissions caused by drilling by more than 50%.
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