‘Stronger’ EV target could halve UK oil imports

The UK’s oil imports could be slashed in half if a “stronger” target for electric vehicles (EVs) was in place. New analysis suggests while the government’s plan to ban new petrol and diesel vehicles by 2040 is a step in the right direction, a more ambitious goal is needed to bring forward public health and […]

US agency projects zero oil imports by 2037

Oil imports to the US could fall to zero by 2037 as a result of increased production, according to a new report. The Energy Information Administration (EIA) reveals US production of oil has risen “dramatically” in the past few years, from less than one million barrels per day (MMbbl/d) in 2010 to more than three […]