ExxonMobil’s Energy Outlook Projects Population, Economic Growth to Drive Energy Demand Global population growth of nearly 2 billion, a doubling of worldwide economic output and rapid expansion of the middle class in emerging economies are all expected to contribute to energy demand growth of about 25% from 2015 – 2040, according to ExxonMobil’s 2017 Outlook…
Read more
EMV at the pump
Visa makes a change to the U.S. domestic EMV activation deadline for Automated Fuel Dispensers The introduction of chip card technology has been the most far-reaching change to payments in the last 60 years in the U.S. Visa has been committed to this effort because chip is an important advancement in securing payments and provides…
Read more
Taxi Sector to Lead Self-Driving Market to over 22 Million Consumer Vehicles on the Road by 2025
New findings from Juniper Research reveal that the annual production of self-driving cars will reach 14.5 million in 2025, up significantly from only a few thousand in 2020, to give a global installed base of more than 22 million consumer vehicles by 2025. The new research, Autonomous Vehicles & ADAS: Adoption, Regulation & Business Models 2016-2025,…
Read more
Total to install solar power in 5,000 service stations
Total is launching a program to equip 5,000 of its service stations worldwide with solar panels within five years, including 800 in France. The total solar capacity to be installed across the 5,000 fuel stations is about 200 MW, equivalent to the amount of electricity used to power a city of 200,000 people. The project…
Read more
