Cal on February 17th, 2018

In its latest Energy Outlook to 2040, ExxonMobile projects global transportation-related energy demand will increase by close to 30% by 2040. At the same time, total miles traveled per year by cars, sport utility vehicles and light trucks will increase about 60%. Exxon predicts a rise in electric vehicles as well as efficiency improvements in conventional […]

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Cal on February 1st, 2018

BP announced it will add rapid charging points for electric cars at its UK petrol stations within the next two months. The charging units will top up cars in half an hour. The trial will start in the UK during February and March before expanding to European locations later this year. There are around 130,000 electric and […]

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Cal on January 31st, 2018

From Techrogers we learn The World of Self-Driving Cars is Truly Here (infographic) The Globe and Mail tells us 6 ways that self-driving cars will change our lives. Global Market Insights projects the hydrogen vehicle fuel cell market will be worth $9 billion by 2024.  Over 300,000 of these vehicles will be on global roads […]

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Cal on January 30th, 2018

“There are two main factors that need to be resolved for the success of hydrogen fuel cell vehicles – vehicle pricing and a fuelling infrastructure. Clearly, these will not be overcome in the short term but it is not unlikely that we could see hydrogen start to make a general push onto the market within […]

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Market research firm PWC says by 2030, the transport sector will require 138 million fewer cars in Europe and the US. This will be the result of the five trends that are transforming the automotive industry — electrification, autonomous vehicles, car sharing, connecting. and yearly updating. PwC suggests that as a result of novel sharing concepts, the stock […]

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Cal on January 27th, 2018

Professor in Computer Engineering at Oklahoma State University, Dr Subhash Kak, believes a third of jobs will be lost soon after the introduction of self-driving cars, artificial intelligence, and automation. Autonomous cars in particular could displace transportation workers and drivers. Prof. Kak said: “It has been estimated that one third of the people in any advanced […]

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Cal on January 23rd, 2018

Imports are expected to make up more than 70% of China’s crude oil supply in 2018. Last year China overtook the US as the world’s largest oil importer. The world’s hottest offshore prospect for oil companies right now is off the South American coast of Guyana, where a string of major discoveries has drawn hundreds […]

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Cal on January 17th, 2018

According to the International Energy Agency, the petrochemical industry will represent the largest global demand for additional crude oil consumption through 2040. The US Energy Information Administration predicts natural gas will generate 33.1% of US electricity this year, up from 31.7% in 2017 and will rise to 34.3% in 2019. At the same time, coal-fired generation […]

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