Green Car Congress

OCTOBER 15, 2021

Louisiana Governor John Bel Edwards and Air Products Chairman, President, and CEO Seifi Ghasemi announced a $4.5-billion Air Products is a world-leading industrial gas company that produces and transports hydrogen and other essential industrial gases to many customer facilities in Louisiana, across the US Gulf Coast and around the world.

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Louisiana Hydrogen Clean Cleaning 391

Green Car Congress

JULY 31, 2023

Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Norway and Saudi Arabia followed closely. For example, 70% of the surge in the US oil production was directed to the EU between 2021 and 2022.

Oil 370

Oil Russia Saudi Arabia Ukraine 370

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. The laws of supply and demand are fierce in extreme conditions. If oil cannot be sold or stored, it cannot be produced.

Saudi Arabia 186

Saudi Arabia Oil Production Russia 186

Green Car Congress

JANUARY 18, 2022

EV Metals Group plc (EVM) launched the Australian Lithium Alliance, a strategic initiative to partner with Australian companies to accelerate exploration, development, mining, processing and production of lithium minerals.

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Saudi Arabia Australia Lithium Ion Energy Storage 273

Green Car Congress

JUNE 10, 2021

Industrial gases leader Air Products, and its subsidiary Air Products Canada Ltd., Aligned with that vision, Air Products began work in 2018 on the core of this world-scale energy complex in Edmonton, which will begin with a transformative $1.3 The project relies on an innovative combination of well-established technologies.

Hydrogen 450

Hydrogen Production Energy Canada 450

Green Car Congress

DECEMBER 9, 2020

The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram. ºC campaign. degrees Celsius.

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Green Hydrogen Companies Saudi Arabia 321

Green Car Congress

MARCH 26, 2021

Driven by our vision to be recognized as the global leader in carbon emission reduction technologies by 2024, we are excited to offer innovative and attractive low-carbon solutions to our customers. An example is the Helios project in NEOM, Saudi Arabia, announced in July 2020, which includes the world’s largest ammonia loop (1.2

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Saudi Arabia Green Hydrogen Renewable 321

Green Car Congress

APRIL 30, 2021

NEOM is a $500-billion giga-project in northwest Saudi Arabia on the Red Sea. Various global corporations have already committed to invest more than $5 billion to produce green hydrogen in NEOM in the world’s largest hydrogen production plant.

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Saudi Arabia Hydrogen Motor Motors 218

Green Car Congress

AUGUST 7, 2015

But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. Due to long lead times, decisions made today will impact the world’s production profile towards the end of this decade and into the 2020s.

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Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

MARCH 18, 2023

Saudi Arabia-based Aramco, one of the world’s leading integrated energy and chemicals companies, and Linde Engineering, a global leader in the production and processing of gases, signed an agreement jointly to develop a new ammonia cracking technology. —Savas et al. Resources Salvador Sayas, Natalia Morlanés, Sai P.

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Saudi Arabia Engine Hydrogen Carbon 150

Green Car Congress

AUGUST 7, 2020

The record cuts set in motion in May and June by Saudi Arabia and its OPEC+ partners played a pivotal role in accelerating the improbable rebalancing of global oil markets. OPEC+ and the United States are bringing back over 4 MMb/d of production in July and August.

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Saudi Arabia Oil Prices Oil Price 186

Green Car Congress

MAY 21, 2020

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. The City of Lancaster will host and co-own the green hydrogen production facility, according to a recent memorandum of understanding. The facility will process 42,000 tons of recycled waste annually.

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Waste Hydrogen Green California 448

Green Car Congress

JANUARY 17, 2022

thyssenkrupp Uhde Chlorine Engineers recently signed a supply contract with Shell for the large-scale project Hydrogen Holland I in the port of Rotterdam, the Netherlands. Shell’s final investment decision to build the Holland Hydrogen I is expected in 2022, after which the intended start of production will be in 2024.

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Hydrogen Saudi Arabia Installation Green 218

Green Car Congress

JANUARY 18, 2013

In its latest Oil Market Report , the International Energy Agency (IEA) raises its forecast for global consumption of oil to 90.8 Global crude oil supplies fell by 170 kb/d in December, to 91.2 Non-OPEC production rebounded by 90 kb/d from the prior month, to 54.2 mb/d on lower output from Saudi Arabia and Iraq.

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2013 Saudi Arabia Oil Global 225

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.

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Saudi Arabia Oil United Arab Emirates Auto 52

Green Car Congress

JULY 28, 2015

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy.

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Saudi Arabia Price Oil India 150

Green Car Congress

NOVEMBER 15, 2014

In its latest annual World Energy Outlook , the International Energy Agency (IEA) warned that the current period of oil abundance may be fleeting, and in fact, without heroic levels of production increases, oil markets will grow dangerously tight in the coming years. And that should raise some alarm. million bpd by 2035.

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Oil Iraq Oil-Sands Supplies 257

Green Car Congress

NOVEMBER 18, 2015

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

Saudi Arabia 150

Saudi Arabia Oil Europe Russia 150

Green Car Congress

MAY 24, 2017

As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders are predicting that the now over-saturated market will reach an equilibrium with higher commodity prices by 2018 and U.S. shale production will continue to grow along with global demand.

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Oil Prices Oil Saudi Arabia Price 170

Green Car Congress

MARCH 8, 2012

Exxon Mobil Corporation plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. Tillerson said that even with significant efficiency gains, ExxonMobil expects global energy demand to increase by 30% by 2040, compared to 2010 levels.

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Saudi Arabia Oil Oil-Sands 2012 231

Green Car Congress

JANUARY 23, 2019

Saudi Arabia-based SABIC, a global leader in diversified chemicals, has taken a majority stake in Black Diamond Structures (BDS), a nanotechnology company established in 2014. Moreover, Hacskaylo expects MOLECULAR REBAR to play an effective role in the down-gauging and downsizing of new battery designs.

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Energy Storage Carbon Saudi Arabia Lead Acid 268

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. Saudi Policy: OPEC-centric or Self-Serving?

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Source: opec.org).

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

JUNE 13, 2012

Global energy consumption grew by 2.5% globally, and 8.4% The report also highlighted supply disruptions as one of the major energy events of the year. Fossil fuels still dominated energy consumption with 87% market share, while renewables rose fastest but are still only 2% of the global total. was the highest since 1969.

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Coal Oil Renewable Saudi Arabia 261

Green Car Congress

MAY 13, 2021

CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their carbon footprint. CCC is a globally diversified company specializing in Engineering and Construction. Many more will follow.

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Fusion Green Hydrogen Oman 170

Green Car Reports

MAY 20, 2016

And given the supply-and-demand equations in the global oil industry, that means that demand has risen as supplies have stayed steady or fallen. So even though Saudi Arabia has refused to constrain its production to.

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Saudi Arabia Gasoline India United States 84

Green Car Congress

MARCH 13, 2015

out in the second quarter of 2014, global oil demand growth has since steadily risen, with year?on?year mb/d, bringing global demand to an average 93.5 mb/d, bringing global demand to an average 93.5 Global supply rose by 1.3 expected US crude supply, raising the 2015 North American outlook. Having bottomed?out

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2015 Oil Saudi Arabia Market 150

Green Car Congress

MARCH 23, 2017

It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by OPEC to rebalance the market. Having a smaller footprint globally would, in turn, mean that OPEC would wield less influence over the price of oil.

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Iraq Saudi Arabia Oil Oil Prices 150

Green Car Congress

DECEMBER 10, 2014

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.

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Energy Global 2010 Oil-Sands 252

The Truth About Cars

FEBRUARY 6, 2024

In December 2022, that figure had come back up to £1.4 — making it seem as though the hard times were the result of economic issues created via the global response to COVID-19. The company attributed the loss to global supply chain troubles and the fact that it had been spending big on new models, including some all-electric vehicles.

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Aston Martin Saudi Arabia 2018 Ferrari 102

Green Car Congress

JULY 20, 2012

CO 2 per capita emissions from fossil fuel use and cement production from the top 5 emitting regions. Global emissions of CO 2 increased by 3% last year, according to the annual report “Trends in global CO 2 emissions”, released by the EC Joint Research Centre (JRC) and the Netherlands Environmental Assessment Agency (PBL).

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2011 Emissions CO2 Global 236

Green Car Congress

OCTOBER 25, 2015

Kicking the can means that production may not fall as fast as expected, which will mean oil prices may not begin to stage a rally as quickly as some had hoped. Moody’s Investors Service sees the contraction as too little to make a significant dent in the global supply gut. rig count has declined by more than half, U.S.

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Saudi Arabia Oil Prices Oil Russia 150

Green Car Congress

OCTOBER 6, 2015

Russia supplied about 30 percent (146.6 The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects. Death by Energy.

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Russia Saudi Arabia Iran Iraq 150

Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). The IEA said these changes will recast expectations about the role of different countries, regions and fuels in the global energy system over the coming decades. Energy demand.

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Global 2012 Energy Oil 225

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.

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Oil Oil-Sands Price Production 261

The Truth About Cars

MAY 2, 2023

& "The major players in the global economy, Europe, the U.S. With the global situation looking increasingly hectic and economies in varying degrees of disarray, there are a lot of questions about the future landscape of business. The Corona period has shown how fragile the supply chains are. influence.& We are not naive.

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Mercedes China Saudi Arabia Tajikistan 75

Green Car Congress

MARCH 8, 2017

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Global oil supplies plunged nearly 1.5 by Tsvetana Paraskova for Oilprice.com. But resurgent U.S.

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Oil Prices Saudi Arabia Oil Price 170