article thumbnail

SEAT to introduce 500 km MEB-based EV, Leon PHEV in 2020

Green Car Congress

In addition, the brand will remain committed to vehicles powered with compressed natural gas (CNG) as well as internal combustion engines. more than in 2016 (862), and 10.1% We are leading the CNG vehicle technical development project within the Volkswagen Group. Last year, SEAT allocated €962 million (US$1.2

2020 239
article thumbnail

Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

In both the United States and Russia, each of which produces roughly as much as Saudi Arabia, output increased in 2015 rather than decreasing, and will continue to increase in 2016 in the U.S. percent in 2016. As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense.

article thumbnail

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

per barrel prices in 2015 and 2016, oil export revenues will undershoot these pessimistic IMF projections, as crude prices are projected to stay below $60 through 2016 (EIA estimates for Brent are $54.07 in 2015 and 2016 respectively). in 2015 and 2016 respectively). billion respectively).

Russia 150
article thumbnail

Europe moves forward on the Energy Union; transport key element

Green Car Congress

To reach these objectives, the Energy Union focuses on five mutually supportive dimensions: Energy security, solidarity and trust; the internal energy market; energy efficiency as a contribution to the moderation of energy demand; decarbonization of the economy; and. competitiveness. research, innovation and competitiveness.