Articles Industry Oil Prices Tax 
Green Car Congress
JANUARY 31, 2018
However, a broader measure of the “cash required per barrel,” which includes other costs such as depreciation, interest expense, tax expense, and spending on drilling and exploration, reveals a more damning picture. Part of the reason for that is rising oil prices, as well as a flattening of the futures curve.
Green Car Congress
NOVEMBER 18, 2015
Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.
Baua Electric
APRIL 28, 2024
Analysts say rising oil prices benefited the company’s petrochemical business, helping to offset losses from its battery unit SK On, which has been facing weaker electric vehicle (EV) battery demand. . Inflation Reduction Act,” said Kang Dong-jin, an analyst at Hyundai Motor Securities.
Green Car Congress
OCTOBER 5, 2017
Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil. Link to original article: [link].
Green Car Congress
AUGUST 31, 2011
High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.
Green Car Congress
SEPTEMBER 13, 2017
A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.
Get Electric Vehicle
MAY 29, 2021
In this article, we will be discussing the factors contributing to the price reduction of electric vehicles as mentioned in the study conducted by BloombergNEF along with a few general aspects on the topic. A rise in oil price and tax on crude products also might play a significant role in countries without oil reserves.
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