Remove Financing Remove Oil Remove Purchase Remove Qatar
article thumbnail

Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. The Saudis obviously miscalculated the degree to which their shift would negatively impact oil prices.

article thumbnail

GE and Clean Energy Fuels Partner to expand LNG refueling infrastructure in US for trucks; new MicroLNG plants

Green Car Congress

As part of the collaboration, Clean Energy Fuels will initially purchase two MicroLNG plants from GE Oil & Gas. Further underscoring GE’s commitment to expanding natural gas transportation infrastructure, GE Energy Financial Services is providing up to $200 million in financing for the two GE MicroLNG plants. Earlier post.)

Clean 286