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Jordan signs $2B oil shale investment agreement with Saudi company

Green Car Congress

The government of Jordan and the Saudi Arabian Corporation for Oil Shale (SACOS) recently signed a $2-billion agreement under which the government grants the Saudi company the right to extract and to develop the oil shale resources in the Attarat Um-AL-Ghudran region covering an area of 11 square kilometers.

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Jordanian cabinet OKs $2.4B oil shale project with Enefit; largest in region and world

Green Car Congress

Jordan’s Council of Ministers on Sunday endorsed all agreements prepared by the national electricity company with Estonian company Enefit which will carry out a mega oil shale energy project in the Kingdom. The current cost of generating power in the Kingdom is JD0.17 (US$0.24) per kWh. Earlier post.). Earlier post.). Earlier post.).

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Study finds EVs are lowering electricity bills for all customers, not just EV owners – Charged EVs

Baua Electric

The analysis , which was commissioned by the National Resources Defense Council, and performed by Synapse Energy Economics, compared the prices EV owners paid for electricity with the costs for utilities to build power plants and to generate and distribute the energy.

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Electric transit bus maker Proterra enters university market with order from ASUM

Green Car Congress

Jordan Hess, ASUM Office of Transportation Director. Proterra’s Total Cost of Ownership was a major selling point for ASUM, given the transit agency’s size and limited resources.

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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

The report comes as oil majors like ExxonMobil, Chevron and Shell, and other companies, are developing at least a couple dozen oil shale and CTL projects, including 12 CTL facilities projected to produce 170 million barrels of liquid fuels per year at a cost of $2 billion to $7 billion per plant. Earlier post.).

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