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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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Note: Based on a levelized cost of electricity from a standalone PV generator of $16/MWh in Algeria and Spain, $26/MWh from onshore wind and $41/MWh from offshore wind in Germany, natural gas price of $1.5/MMbtu Clean hydrogen could abate up to 37% of energy-related greenhouse gas emissions, according to BNEF estimates. MMbtu in Russia, $8.7/MMbtu

Gas 243
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SEAT to introduce 500 km MEB-based EV, Leon PHEV in 2020

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Built on the Volkswagen Group’s MEB platform, the new EV will feature a range of 500 km (311 miles). billion) in its future, mainly allocated to its biggest ever product offensive, as well as to developing new services to achieve the goal of placing the company at the forefront of digitization, connectivity and smart mobility.

2020 239
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GE, Rosneft to pursue opportunities in Russia’s oil and gas industry, including Arctic offshore

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GE and OJSC Rosneft signed a memorandum of understanding (MOU) that lays the foundation for the two companies jointly to evaluate and develop commercial opportunities in oil and gas exploration and production in the Russian Federation. In addition, the Company participates in several exploration projects in Kazakhstan and Algeria.

Oil 231
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Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

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Zhejiang Geely Holding Group set a new export sales record in December with 11,000 cars being exported during the month, which also helped the company increase its export sales over the course of 2012 by 164%. Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia.

2012 225
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Opinion: How Much Longer Can OPEC Hold Out?

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As per its state run oil company PDVSA, the country loses about $700 million a year with every $1 drop in the international oil price. Much like Venezuela, Nigeria needs international crude prices to be in the range of $90- $100 a barrel which is not possible unless OPEC reduces its supply. Iraq’s Issues. Source: [link].

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Europe Expands Virtual Borders To Thwart Migrants

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Mali was a conflict zone, so he moved on to Algeria, but he lacked a work permit, and employers would underpay him or fail to pay him altogether. Now Hawkeye 360 is on track to have 30 satellites in orbit by early 2023, the company says. He first set out from home after his father died, to look for work in Mali, he says.

Europe 143