Green Car Congress

NOVEMBER 2, 2020

Sentyurin also acknowledged the role of Turkmenistan as one of the founders of the Forum, the 20 member countries of which today represent 71% of proven gas reserves, 45% of its marketed production, 53% of pipeline, and 60% of LNG exports across the world.

Turkmenistan 170

Turkmenistan Equatorial Guinea United Arab Emirates Gas 170

Green Car Congress

JULY 16, 2017

Amin Nasser’s aim is to go beyond global oil markets. These technical challenges will need an increased amount of investments, which will be hard to come by in today’s market. With increased demand for crude oil and petroleum products still shown in all international assessments, the market will need to react.

Oil 186

Oil Libya Nigeria Qatar 186

Green Car Congress

JULY 7, 2015

Now, output seems to be on the way up, and at a time when the market could be looking at a lot more oil from Iran. Top producer, Saudi Arabia, driver of the oil producer group’s current market share strategy, further increased its output to produce an average 10.35 At that point, output was on the way down. million b/d in June.

Saudi Arabia 150

Saudi Arabia Iraq Libya 2012 150

Green Car Congress

DECEMBER 5, 2018

To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year’s December OPEC meeting. In spite of reservations expressed by Nigeria and Libya, if Saudi Arabia managed to convince everyone to cut amid the major tensions with Iran ahead of the U.S.

Saudi Arabia 255

Saudi Arabia Oil Prices Russia Oil 255

Green Car Congress

DECEMBER 23, 2016

Even taking into account some cheating, WoodMac concludes that a 75 percent compliance rate with the promised cuts would get the markets to that price level. That has succeeded in running up prices this month, but it also sets up the market for downside risk. Of course, OPEC cheating is a possibility.

Oil Prices 150

Oil Prices Libya Oil Nigeria 150

Green Car Congress

DECEMBER 11, 2013

The International Energy Agency’s (IEA’s) Oil Market Report (OMR) for December raised the estimate of global oil demand for 2013 by 130,000 barrels per day (130 kb/d) to 91.2 Renewed disruptions in Libya and smaller drops in Nigeria, Kuwait, the United Arab Emirates and Venezuela more than offset higher output in Iran, Iraq and Angola.

United Arab Emirates 220

United Arab Emirates 2014 Oil Supplies 220

Green Car Reports

FEBRUARY 28, 2011

Turmoil in Libya is making global oil markets nervous. That means higher gasoline prices. Cue the creeping unease and outright fear that Our American Way Of Life May Be In Peril. Well, it's Monday morning, and we have a brisk message for our U.S. readers: Shut up and stop whining.

Libya 151

Libya Oil Gasoline Gas 151

Green Car Congress

JULY 11, 2016

million b/d, as production in Nigeria and Libya tentatively recovered along with steady increases for Saudi Arabia and Iran, according to an S&P Global Platts survey of OPEC and oil industry officials. The sharp increase in OPEC’s June production affirms a continuation of its market share strategy.

Saudi Arabia 150

Saudi Arabia 2008 Iran Nigeria 150

Green Car Congress

JUNE 23, 2011

US Energy Secretary Steven Chu announced today that the US and its partners in the International Energy Agency will release a total of 60 million barrels of oil onto the world market over the next 30 days to offset the disruption in the oil supply caused by unrest in the Middle East. billion barrels, and nearly 1.6

Oil 186

Oil Libya Legal Supplies 186

Cars That Think

FEBRUARY 4, 2022

It was after midnight in the Maltese search-and-rescue zone of the Mediterranean when a rubber boat originating from Libya carrying dozens of migrants encountered a hulking cargo ship from Madeira and a European military aircraft. When I got to Libya, I didn’t have money,” Jacob says. Five more migrants died on the southward journey.

Europe 141

Europe Libya Spain Legal 141

Green Car Congress

FEBRUARY 25, 2016

It’s probably more concerned about regaining the market share it lost under sanctions than it is about low prices. In June, Iran will launch a new grade of heavy crude that will compete with Basra crude, and which the Iranians will surely seek to undercut in price in order to win Asian market share from Iraq and the Saudis.

Saudi Arabia 150

Saudi Arabia Oil Oil-Sands Iraq 150

Green Car Congress

JUNE 13, 2012

Coal’s market share of 30.3% Fossil fuels still dominated energy consumption with 87% market share, while renewables rose fastest but are still only 2% of the global total. Output grew rapidly in Qatar (+25.8%), Russia (+3.1%) and Turkmenistan (+40.6%), more than offsetting declines in Libya (-75.6%) and the UK (-20.8%).

Coal 261

Coal Oil Renewable Saudi Arabia 261

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: [link].

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

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. Market” forces include many components. percentage points.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

OCTOBER 6, 2015

Control over the transportation assets in this region together with vast gas reserves make Russia the key element of this new market.”. 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. The emergence of the U.S.,

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

APRIL 6, 2011

In addition to the United States, this group includes Canada, Mexico, China, Australia, Libya, Algeria, Argentina, and Brazil. The second group is those countries that already produce substantial amounts of natural gas and also have large shale resources. A hat-tip to John!

Gas 210

Gas Global Argentina United States 210

Green Car Congress

JUNE 20, 2012

Notable examples of nations where security shortfalls are significantly impeding investment and production are Nigeria; Iraq; Sudan; and, most recently, Libya. Pending a major technical breakthrough, renewable jet and marine fuels will continue to be far more expensive than petroleum-based fuels, Bartis said.

Price 225

Price Turkey Oil-Sands Fuel 225

Green Car Congress

JANUARY 13, 2017

At the start of 2017, there are two major dynamics at play occurring at the same time, each pushing in opposite directions on the market. The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. Iraq is committed to achieving producers’ joint goals to control the oil glut in world markets.”.

Oil Prices 150

Oil Prices Oil Price Saudi Arabia 150

Green Car Congress

JUNE 23, 2016

Besides massive futures trading, the other factors affecting WTI include the value of the US dollar (it rises and WTI falls), OPEC production, world oil demand, North American and US storage, Iranian crude embargoes, and periodic and unplanned supply disruptions from everywhere from Libya to Nigeria to Fort McMurray.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

JULY 28, 2018

As the Fed tightens rates and pushes up the dollar, emerging market currencies suffer from sudden shocks, sometimes severe. As capital flees some of these emerging markets and flows into safe haven assets, such as the U.S. As capital flees some of these emerging markets and flows into safe haven assets, such as the U.S.

Oil Prices 170

Oil Prices Oil Price South Africa 170

Drive Electric

AUGUST 9, 2022

million from 3 million a year, and because of the sudden growth in the market, concerns have been raised by consumers about the availability of the main component required to build these batteries – lithium. While there is currently only a small-scale market for battery lifecycle extension options, the future is promising.

Environment 98

Environment Electric Vehicles New Zealand Vehicles 98

Drive Electric

AUGUST 9, 2022

million from 3 million a year, and because of the sudden growth in the market, concerns have been raised by consumers about the availability of the main component required to build these batteries – lithium. While there is currently only a small-scale market for battery lifecycle extension options, the future is promising.

Environment 52

Environment Electric Vehicles New Zealand Vehicles 52