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. million barrels daily, including from Russia, to reverse the free fall of oil prices. Saudi Arabia is not an exception. That strategy hurt U.S.
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.
Teslarati
FEBRUARY 3, 2024
In addition to the Arizona plant, Lucid also has a factory in King Abdullah Economic City (KAEC), Jeddah, Saudi Arabia, where the company had assembled around 800 Air sedan units as of December. Throughout 2023, Lucid built a total of 8,428 Air units and delivered 6,001, after forecasting around 10,000 units produced in the year.
Cars That Think
AUGUST 29, 2022
Russia ranks second in the extraction of both crude oil (behind the United States and ahead of Saudi Arabia) and natural gas (behind the United States and ahead of Iran), and it is the sixth-largest producer of coal (behind Australia and ahead of South Africa). Here are the basic facts. share in 2020, by contrast, was about 9 percent.
Baua Electric
JANUARY 24, 2024
Our first peek at a clothed mid-size Lucid model / Credit: Scooter Doll Lucid’s mid-size Tesla competitor coming, but a ways away Following the event, a more affordable Lucid model was all I could think about, although there were plenty of other sights and essential people to chat with to pique my interest further. Let’s hope it can deliver.
Green Car Congress
NOVEMBER 20, 2016
Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for decades. The decision to bring such important data to light comes as Saudi Aramco is preparing to partially privatize its assets, an IPO that could bring in some $100 billion. by Nick Cunningham of Oilprice.com.
Green Car Congress
JUNE 23, 2016
The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.
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