Green Car Congress
FEBRUARY 23, 2023
Aluminum demand will continue to grow as the economy transitions to a more sustainable energy future with the electrification of automobiles and new green technologies. China is meeting this energy challenge through subsidies, thus prompting overproduction and hollowing out the aluminum industry across almost all segments with low prices.
Baua Electric
MARCH 8, 2024
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. Aramco did not respond to a request for comment, Adnoc declined to comment.
Green Car Congress
SEPTEMBER 2, 2015
If you are the world’s leading energy economy, you produce energy, that’s what you do.”. “A Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.". Much Higher Volume and/or Much Higher Prices.
Green Car Congress
APRIL 10, 2015
Simply put, the world has too much oil at the moment which has resulted in the reduction of price levels from approximately $100 to $50 a barrel, and OPEC (as well as US shale producers) has a major role to play in this supply glut. The current oil price levels are nowhere near this. Nigeria’s dilemma.
Green Car Congress
JUNE 13, 2012
Emerging economies accounted for all of the net growth, with OECD demand falling for the third time in the last four years, led by a sharp decline in Japan. in the emerging economies. Brent oil prices were on average 40% higher than 2010 and exceeded $100 a barrel for the first time ever; at $111.26/bbl, globally, and 8.4%
Green Car Congress
AUGUST 25, 2015
OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil.
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 ).
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