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UAE

Opinion: How Much Longer Can OPEC Hold Out?

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. Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC.

Saudi Arabia

Saudi Arabia Venezuela Iran Nigeria

The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

NOVEMBER 3, 2023

Also Read : Hyundai to build factory for EVs in oil-rich Saudi Arabia The UAE is investing as much as 200 billion dirhams ($55 billion) by 2030 to transform its energy strategy, and has pledged that EVs and hybrid cars will make up more than 50% of the national fleet by 2050, from 4% currently.

Saudi Arabia

Saudi Arabia Chinese Asia Oil

EV Driven

Opinion: How Much Longer Can OPEC Hold Out?

The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

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