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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

Green Car Congress

oil analyst cited in this article, who has tracked oil companies’ budgets for many years, estimates that Aramco and its Kuwaiti and UAE counterparts will increase their investment in oil exploration and production in 2015 by 4.5 According to an August 26 Bloomberg article , the Saudi government is seeking ways to reduce investment in 2016 “.as

Oil 150
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

In the course of 2015, both have raised output and exports over 2014 levels—Saudi Arabia by ~500 and 550~ mbbls/day respectively and Russia by ~100 and ~150. and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. and $65.65

Russia 150
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Oil Majors’ Costs Have Risen 66% Since 2011

Green Car Congress

Oil prices have stabilized and the cost cutting measures implemented over the past three years should allow companies to turn a profit even though crude trades for about half of what it did back in 2014. After all, those breakeven prices are still dramatically lower than what they were back in 2014. Link to original article: [link].

Oil 150
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The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies. With less financing options for IOCs, and also oilfield services, the already existing investment gap in upstream investment worldwide will only grow wider.

Oil 231
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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 percent of GDP in 2014. bcm) of Europe’s natural gas in 2014, and about 25 percent of its crude (3.5

Russia 150
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200 Years Ago, Faraday Invented the Electric Motor

Cars That Think

Faraday was an interesting choice for this task, as Nancy Forbes and Basil Mahon recount in their 2014 book. But when Phillips asked Faraday to write the review article for the. For a good summary of Faraday's article, see Aaron D. Faraday mentions both men in his article, as well as Ampère, Ørsted, and some others.

Davis 145
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Tesla + Toyota

Revenge of the Electric Car

From the article: After being sucker-punched first by the recession and then by the closure earlier this year of the NUMMI plant with its nearly 5,000 auto-worker jobs, the Bay Area’s fourth-largest city is suddenly coming to — buoyed by last week’s news that electric-car maker Tesla will jump-start NUMMI. By Patrick May.

Toyota 191