News tagged with oil consumption

Wind-powered freighters

To make ships more eco-efficient, engineers have been working with alternative fuels. A Norwegian engineer is currently pursuing a new approach: With VindskipTM, he has designed a cargo ship that is powered by wind and gas. ...

dateJan 06, 2015 in Energy & Green Tech
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US boom transforming global oil trade

The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat of chronic oil shortages is all but gone, U.S. dependence on Middle ...

dateMay 14, 2013 in Energy & Green Tech
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