CN EV Post
MARCH 16, 2023
Image from Enovate's Weibo) Enovate Motors, the Chinese new energy vehicle (NEV) startup that announced late last year that it would build a production base in Saudi Arabia, is actually facing financial woes in its home market. Enovate has closed eight financing rounds totaling more than RMB 11.5
Green Car Congress
SEPTEMBER 2, 2015
Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. If You’re a Free Range Oil Producer.
Green Car Congress
OCTOBER 6, 2015
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. billion and $96 billion respectively) and natural gas export revenues ($12 billion and $14.3
Green Car Congress
OCTOBER 20, 2015
In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts.
Green Car Congress
OCTOBER 25, 2015
Maintaining access to finance can come at a price. Bond markets have essentially been ruled out as a new source of finance for high-yield producers. Moreover, Saudi Arabia and Russia have both increased production to their highest levels since the early 1990s.” Article Source: [link].
Green Car Congress
NOVEMBER 6, 2015
Oilprice article for Green Car Congress: Day Of Reckoning For U.S. Maintaining access to finance can come at a price. Bond markets have essentially been ruled out as a new source of finance for high-yield producers. Moreover, Saudi Arabia and Russia have both increased production to their highest levels since the early 1990s.”
Green Car Congress
OCTOBER 31, 2014
Nixon negotiated a deal with Saudi Arabia whereby in exchange for arms and protection, the Saudis would denominate all future sales of oil in US dollars. The company was also seeking financing for a gas project in Russia despite Western sanctions. “It
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