Green Car Congress
AUGUST 15, 2018
The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil. by Tsvetana Paraskova for Oilprice.com.
Green Car Congress
MARCH 11, 2015
Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.
Green Car Congress
JUNE 19, 2012
The Ulsan, South Korea-based company will first export the engine to an onshore gas-powered power plant in the Middle East after final paint and packing work. Due to high oil prices and strengthening regulations on emissions, the demand for gas engines is increasing.
Green Car Congress
JANUARY 6, 2022
The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. Spot LNG prices have soared past previous records. MMt in 2021, surpassing the previous record of 5.8
Green Car Congress
MAY 22, 2013
The index compares the development of e-mobility in seven leading car-manufacturing nations (Germany, France, Italy, US, Japan, China and South Korea) on the basis of three parameters: technology, manufacturing, and market. Extracting oil by fracking could stabilize the oil price over the next few years.
Baua Electric
APRIL 28, 2024
SK Innovation, which also owns South Korea’s top refiner SK Energy, said it expects solid refining margins to continue in the second quarter backed by firm demand. The company posted an operating profit of 625 billion won (USD 454 million) for the January-March period, versus a 375 billion won profit a year earlier. .
Green Car Congress
MAY 17, 2012
High oil prices, impending emissions regulations and technical advancements are propelling the market faster than we expected. Currently projects underway in Belgium, Sweden, Finland, South Korea, Singapore, Japan and elsewhere have made efforts to offer LNG bunkering and incentives to support LNG-fueled marine technology.
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