Green Car Congress

OCTOBER 6, 2015

Energy is the foundation of Russia, its economy, its government, and its political system. They pose an existential threat to the industry and therefore to the Russian economy: The revenues Russia can earn from its crude and natural gas exports face intense pressure. in 2015 and 2016 respectively). Live by Energy….

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

MARCH 6, 2018

The oil industry has yet to recover from an unprecedented two-year drop in investment in 2015-2016, and the IEA sees little-to-no increase in upstream spending outside of the United States in 2017 and 2018. However, the report finds that despite falling costs, additional investment will be needed to spur supply growth after 2020.

Brazil 218

Brazil Norway Oil Canada 218

Green Car Congress

AUGUST 25, 2015

In both the United States and Russia, each of which produces roughly as much as Saudi Arabia, output increased in 2015 rather than decreasing, and will continue to increase in 2016 in the U.S. percent in 2016. million barrels per day in 1H 2015, in part because as Russia's economy contracted, reducing domestic crude demand to 3.47

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

AUGUST 13, 2015

percent in 2016. National oil producers can and are shifting the cost of the lowered prices to other sectors of the economy. They are fighting a multi-front war with Iran directly (in Yemen) and indirectly (in Syria, Lebanon, and Iraq). Even with massive deficit spending, the IMF estimated GDP growth would slow from 3.6

Saudi Arabia 150

Saudi Arabia Oil Iraq Iran 150