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.
Green Car Congress
JULY 31, 2023
Norway and Saudi Arabia followed closely. C target, new oil projects are still being planned globally and in the key countries supplying the EU. T&E has identified 18 different projects which, as it stands, will be supplying Europe with oil at least until 2030. The share of Brazilian and Iraqi exports also jumped.
Green Car Congress
JULY 28, 2015
In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy. How will Saudi Arabia Capture Market Share Downstream? In case of Saudi Arabia, the price of crude oil would be extremely low.
Green Car Congress
APRIL 10, 2015
With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Source: opec.org).
Green Car Congress
MARCH 5, 2015
There is no doubt that supply has increased. Supply alone, however, doesn’t determine price. According to this chart (above) from the US Energy Information Agency (EIA), demand has been increasing along with supply since 2010. We must also consider demand, and that has been increasing too. That is a good thing. Source: [link].
Baua Electric
JANUARY 24, 2024
Phase 2, which will be home to production of Lucid’s second flagship EV – the Gravity SUV, also includes a stamping machine and a second body shop and provides enough room to bring supply chain storage and powertrains in-house rather than building them up the road and trucking the parts over.
Green Car Congress
JULY 16, 2017
OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. Increased local demand is not only a growing problem for Saudi Arabia, but for most Persian Gulf producers. Saudi August crude exports could fall to around 6.6
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