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Volkswagen Group and SOVAC to produce vehicles in Algeria

Green Car Congress

The Volkswagen Group has signed a contract for vehicle assembly in Algeria through a joint venture with SOVAC S.P.A., From the spring of 2017, the joint venture company SOVAC Production S.P.A. SOVAC Production S.P.A. will be successively building up production capacity to more than 100 vehicles per day.

Algeria 150
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SEAT to introduce 500 km MEB-based EV, Leon PHEV in 2020

Green Car Congress

The EV launch comes as part of a product offensive, in which SEAT will launch one new car every six months until 2020. Furthermore, de Meo reaffirmed SEAT’s commitment to opening outward and building a digital ecosystem around the car. SEAT, a member of the Volkswagen Group, will introduce its first fully electric vehicle in 2020.

2020 239
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Sonangol, Maersk Oil and partners strike oil with their first deepwater pre-salt well offshore Angola

Green Car Congress

The result may be a further step towards our goal of building up a significant business in Angola. There is substantial evaluation work ahead of us to determine whether the discovery is enough to invest further to get production going. This will be done by, amongst other things, state of the art reprocessing of seismic data.

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The Grand Tour's "Sand Job," Nothing to See Here, I'm Afraid

The Truth About Cars

Sand Job” takes the presenters to the remote and little-viewed country of Mauritania, located in the northeast corner of Africa southwest of Algeria. The cars are to be cheaper dupes of the very expensive “rally spec” production cars from the likes of Lamborghini (Huracan Sterrato), Porsche (911 Dakar), and Morgan (CXT).

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. by Dalan McEndree for Oilprice.com.

Russia 150
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

Nigeria or Algeria cannot do the same for their oil industry. G20 countries build a generous Green Climate Fund, well above the $100-billion-a-year goal in the Paris climate agreement. This drives the development of fossil fuels, including coal and shale production, as well as renewables. —Goldthau et al. Big green deal.

Carbon 207
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Europe moves forward on the Energy Union; transport key element

Green Car Congress

94% percent of transport relies on oil products, of which 90% is imported. Further, the Commission will work with Member States to develop access to alternative suppliers, including from the Southern Gas Corridor route, the Mediterranean and Algeria, in order to decrease existing dependencies on individual suppliers.