article thumbnail

Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto

Baua Electric

Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift to electric vehicles (EVs), three sources told Reuters. The kingdom has established its own EV brand Ceer, and built an EV metals plant.

article thumbnail

Waterfront Shipping to commission new ships with methanol flex-fuel engines

Green Car Congress

These 50,000 dead weight tonne vessels will be built with MAN ME-LGI flex fuel engines running on methanol, fuel oil, marine diesel oil, or gas oil. (MOL), Westfal-Larsen & Co A/S (WL) and Marinvest/Skagerack Invest to build six new ships, with an option for building an additional three, all to be delivered during 2016.

Fuel 199
article thumbnail

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. Coupled with this, the momentum could lead to downward adjustment in premium pricing, which helps provide solid foundation for premium vehicle penetration to further increase in China in the next decade. North America. million units.

2015 150
article thumbnail

The 25 Best Restaurants in Chicago Right Now

Baua Electric

It’d be hard, though, to top the focaccia baked with ricotta, taleggio and truffle oil, a dish so luxurious it feels like a quesadilla for owners of superyachts. Peruvian and Thai flavors converge in a striped bass ceviche with lemongrass and fermented chile paste.

Chicago 52
article thumbnail

Toyota digs for Lithium

Revenge of the Electric Car

Concerns about carbon emissions and their impact on climate change plus high and volatile oil prices are increasing the popularity of hybrid and electric vehicles despite their higher costs. Toyota uses nickel-metal-hydride batteries for the current Prius hybrid but has decided on lithium-ion batteries for future plug-in models.

Toyota 124
article thumbnail

Report Finds Water Stress Rapidly Becoming Key Strategic Risk to Commerce; Impending Water/Energy Collision

Green Car Congress

Processes such as oil extraction from sources such as tar sands and deep-water offshore oil wells, as well as the expansion of first-generation biofuels such as corn-based ethanol are setting the stage for a “ water/energy collision ” of resource management policies. Climate change. Electric Power.

Water 150
article thumbnail

Will the world run out of lithium?

Drive Electric

The United States Geological Survey revealed that the world’s identified lithium resources are estimated to be around 79 million metric tons, with the largest reserves in Chile, Argentina, and Australia. How does lithium mining compare to oil mining? million tons.

Oil 82