Green Car Congress
APRIL 27, 2017
Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. With global demand expected to grow by 1.2
Green Car Congress
MARCH 6, 2018
Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d by 2023 to 104.7
Green Car Congress
NOVEMBER 19, 2014
The new 2016 Ford Explorer SUV is making its global debut today at Los Angeles Auto Show with a new available 2.3-liter Ford Explorer is built in North America at Chicago Assembly Plant, as well as in Venezuela and now, Russia. liter EcoBoost four-cylinder engine that delivers more horsepower and torque than the 2.0L
Green Car Congress
FEBRUARY 3, 2015
IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 The size of the market contraction in Russia is the biggest wild card facing vehicle manufacturers across the European continent, if not the world, in 2015 and 2016.” North America continues to be an impetus to global light vehicle demand levels.
Green Car Congress
OCTOBER 26, 2017
The ‘Fragile Five’ petrostates—Iran, Iraq, Libya, Nigeria and Venezuela—continue to see supply disruption potential, with northern Iraq crude exports at risk due to an escalation of tensions between the (Kurdistan Regional Government), Baghdad and Turkey, while the United States has decertified the 2015 Iran nuclear deal,” U.S.
Green Car Congress
AUGUST 25, 2015
Interestingly, also, the Saudis increased their share of OPEC average daily output in the first half of 2015 over 2014 average daily volume—and their share of average daily global output. percent, during the same period; during the same period, OPEC output as a share of global output declined slightly, from 39.5 percent in 2016.
Green Car Congress
OCTOBER 6, 2015
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). The emergence of the U.S.,
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