Nexen employees in Calgary learning about our Volt at the launch event for the car.
Answers to your FAQs
Why is an oil company driving an electric car?
According to General Motors, the Volt is more than an electric car. It has a range-extender which means that in addition to running on a battery it also produces electricity through a generator that runs on gasoline. It combines pure electric vehicle performance for short commuter trips with a gasoline-fired generator to provide the range needed for a longer trip. As this car uses gasoline, it is, in fact, a part of the hydrocarbon value chain, of which we are a part.
Nexen believes that in order to meet the world’s growing energy needs, we’re going to need all forms of safe, secure and affordable energy. For that reason, as a global energy leader, we're interested in the evolution of powertrain technology (internal combustion engines, hybrids, electric motors, fuel cells) and alternative power sources (biofuels and electricity) which will play an important role in the energy future we will share.
How does this technology work?
General Motors describes the Volt as an extended-range electric car. That means it can drive for an estimated 50 kilometres on the battery alone which works well for short commuter trips. What makes this vehicle interesting is there’s also an onboard generator, powered by gasoline, which kicks in to recharge the battery as you drive when it starts to get low. This allows the car to travel an additional 600 kilometres (approximately), potentially offering consumers a new level of convenience in a more fuel-efficient car. We’re interested in finding out how this technology performs and that’s why we’re getting behind the wheel for ourselves to give it a test drive.
What’s the bigger picture when it comes to our energy future?
Meeting the global demand for clean, secure and affordable energy has never been more challenging.
According to data from the International Energy Agency (IEA) and the Energy Information Administration (EIA), hydrocarbons – oil, coal and natural gas – are expected to remain the dominant energy source for decades to come. And oil-derived fuels, without question, will remain the world’s primary mobility fuel of choice. Emerging economies, led by China and India, are driving global demand for fossil fuels higher.
We continue to rely on oil and gas because it’s efficient and affordable. Renewable and alternative energy sources will become a bigger part of the equation – but it’s going to take considerable time and investment before they become a viable and competitive option. However, we must stay engaged in these transportation developments, and “test-drive the future” including new mobility options like the Volt.
What is Nexen doing to address the climate change issue?
Today, we continue to look at ways of cost-effectively taking action on climate change – improving energy efficiency within our operations, seeking technological solutions to reduce our emissions at facilities like Long Lake and Buzzard and investing in renewable energy – all key steps in addressing GHG performance challenges and creating a more sustainable energy future. Read more about our action on climate change.
Who drives Nexen’s Volt?
Our Volt will be driven by various Calgary-based employees who frequently attend community engagement sessions or Nexen-supported events in and around our head office. Keep your eyes peeled for our car and be sure to give the driver a wave!