Economy International Market Russia 
Green Car Congress
OCTOBER 20, 2015
November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices. This decision set crude prices on a downward path.
Green Car Congress
OCTOBER 6, 2015
Energy is the foundation of Russia, its economy, its government, and its political system. Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ).
Green Car Congress
APRIL 30, 2023
One of the challenges of constructing a global hydrogen economy is hydrogen transportation by sea. An open-access paper on the work is published in the International Journal of Hydrogen Energy. Solid air hydrogen liquefaction, the missing link of the hydrogen economy.” —Julian Hunt Resources Hunt, J., Montanari, P.,
Green Car Congress
MARCH 18, 2017
Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. gigatonnes last year, the same as the previous two years, while the global economy grew 3.1%, according to estimates from the IEA.
Green Car Congress
AUGUST 7, 2020
After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The pandemic has created disruption in the global energy sector, but low gas prices will ultimately stimulate demand growth as the economy recovers.
Green Car Congress
APRIL 1, 2020
IHS Markit Crude Oil Markets service expects up to 10 MMb/d of world oil production will be cut or shut-in from April to June 2020 as oil storage fills up and output from financially strapped companies begins to fall. —Jim Burkhard, vice president and head of oil markets, IHS Markit. bbl on the physical market.
Green Car Congress
MARCH 20, 2022
In the face of the emerging global energy crisis triggered by Russia’s invasion of Ukraine and the countervailing barrage of economic sanctions, the International Energy Agency (IEA) is proposing a 10-Point Plan to Cut Oil Use. The measures would have an even greater effect if adopted in part or in full in emerging economies as well.
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