Remove tag OPEC
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Rough road for EV industry

Green Car Congress

The company in March announced multiple price increases including its most affordable electric car, the Model 3 RWD—once touted at $35K—now has an eye-popping price tag of $46,990. Tesla isn’t the only EV manufacturer facing these hurdles.

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Kuwait Researchers Forecast Global Conventional Crude Oil Production Will Peak in 2014; New Multicyclic Hubbert Model

Green Car Congress

They also classified the countries into OPEC and non-OPEC countries. OPEC has remaining reserve of 909 BSTB, which is about 78% of the world reserves. OPEC production is expected to peak in 2026 at a rate of 53 MMSTB/D. OPEC production is expected to peak in 2026 at a rate of 53 MMSTB/D. Tags: Oil.

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IEA Forecasts 2.4 mb/d Drop In Oil Demand Below 2008; Contraction Close to Early 1980 Levels

Green Car Congress

Non-OPEC supply fell by 170 kb/d, with a 220 kb/d dip in the OECD partly offset by higher non-OECD output. 2009 non-OPEC output is revised down by 320 kb/d, largely due to lower biofuels output, and weaker 1Q09 crude production in Asia. Non-OPEC output now falls from 50.6 OPEC crude supply in March averaged 27.8

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Sasol to Study Viability of $10B Coal-to-Liquids Project in Indonesia

Green Car Congress

Indonesia, formerly a member of OPEC, has become a net importer of oil due to rising domestic consumption and falling production. Tags: Brief. This is in line with Indonesia’s energy policy, which aims to diversify from oil to coal.”. The country has an estimated 60 billion tons of coal reserves, according to the government.

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Petrobras selects Honeywell UOP for two new refineries to expand diesel production

Green Car Congress

According to OPEC, global demand for diesel fuels is expected to grow from 24.5 Tags: Brief. —Rajeev Gautam, president & CEO of Honeywell’s UOP. million bpd to 34.2 million bpd by 2030 driven by an increasing share of diesel cars in developing regions around the world. Petrobras is the fourth largest energy company in the world.

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Pain at the pump

Plugs and Cars

Tags: opec Big Oil fuel monopoly.

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

The leaders of the G20 requested relevant institutions, such as the IEA, OPEC, OECD, and World Bank, to provide an analysis of the scope of energy subsidies and suggestions for the implementation of this initiative and report back at the next summit. Tags: Brief. G20 Leaders’ Statement.