by Nick Cunningham of Oilprice.com
Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. In its latest annual World Energy Outlook, the International Energy Agency (IEA) warned that the current period of oil abundance may be fleeting, and in fact, without heroic levels of production increases, oil markets will grow dangerously tight in the coming years.
Audi is active in the development of CO2-neutral, synthetic fuels; the company already has projects underway with Joule in the US for the development and testing of synthetic ethanol and synthetic diesel; has an e-gas project underway in Werlte, Germany; and has a new partnership with Global Bioenergies on bio-isooctane (bio-gasoline).Audi’s latest e-fuels project is participation in a a pilot plant project in Dresden that produces diesel fuel from water, CO2 and green electricity.
By Christine DiGangi
A California man ended up in a messy, financial nightmare when a stranger ran a red light. He didn’t know the man, and he wasn’t nearby when it happened — the only thing that got Lawrence Armstrong into this mess was his name. Apparently, the man who ran the red light had a name similar to Armstrong’s, and the traffic citation mistakenly ended up on his driving record, FoxNews.com reports.
By Trinna Leong
The death of a heavily pregnant Malaysian woman in a car crash on Borneo island in July opens a new front in a widening U.S. investigation into defective air bags that has triggered one of the biggest safety recalls in automotive history.
Toshiba Corporation will expand its line-up of image-recognition processors for automotive applications with the launch of the TMPV760 series. Sample shipments of the first device, TMPV7608XBG, will start in January 2015, with mass production scheduled for December 2016 onwards.
