Green Car Congress
AUGUST 31, 2021
When service stations in Algeria stopped providing leaded gasoline in July, the use of leaded gasoline in cars ended globally. trillion for the global economy, and decrease crime rates. Tetraethyl lead was used as a gasoline additive to improve engine performance.
Green Car Congress
AUGUST 7, 2020
After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The pandemic has created disruption in the global energy sector, but low gas prices will ultimately stimulate demand growth as the economy recovers.
Green Car Congress
DECEMBER 23, 2016
In addition, the Volkswagen Group recently announced plans to start vehicle production in Algeria. The country has an outstanding position within the region of East Africa and has the most powerful economy in the East African Community (EAC) with a GDP of about US$63 billion. Kenya is an opportunity market in Africa.
Green Car Congress
APRIL 10, 2015
Cheap oil has created a huge financial crisis for Venezuela as its economy is heavily dependent on oil exports and oil revenues constitute about 95% of its total foreign exchange earnings. However, the country is reeling under a major economic recession since 2014 with an inflation rate of 68.5% (as on December 2014).
Green Car Congress
OCTOBER 6, 2015
Energy is the foundation of Russia, its economy, its government, and its political system. They pose an existential threat to the industry and therefore to the Russian economy: The revenues Russia can earn from its crude and natural gas exports face intense pressure. The emergence of the U.S., This has transformed the U.S.
Green Car Congress
AUGUST 25, 2015
million barrels per day in 1H 2015, in part because as Russia's economy contracted, reducing domestic crude demand to 3.47 As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense. Moreover, Saudi policy, combined with the impact of U.S. million barrels/day in 2014 to 7.55
CleanTechnica EVs
JANUARY 10, 2023
As Sheikh Zaki Yamani, a former Saudi oil minister, once said, “The stone age came to an end not for a lack of stones, and the oil age will end, but not for a lack of oil.” But some oil will still be being pumped at the end, and it won't be heavy, sour, far from water crude.
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