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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We have already seen unprecedented coal-to-gas switching in Europe, and clean air policies in major growth markets such as India and China will drive more gas adoption in the next few years. The development of an international hydrogen market could also accelerate adoption.

2020 222

GECF: more than a quarter of 2050 natural gas supply untapped

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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. Market Background Natural Gas

2020 161
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UNEP: export of used cars to developing world creating significant environmental problems

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The initiative’s first focus will be countries on the African continent; a number of African countries have already put in place minimum quality standards—including Morocco, Algeria, Côte d’Ivoire, Ghana and Mauritius—with more showing interest in joining the initiative. Emissions Environmental Justice Market Background

2020 170

Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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Nigeria or Algeria cannot do the same for their oil industry. Financial markets divest fossil-fuel assets and reallocate capital to low-carbon firms. The US and China take the lead in scaling up the technology, given their large markets, tech-friendly regulatory environments and industry giants, such as Google and the State Grid Corporation of China. Europe lags behind China and the United States because its single market remains less integrated. Market Background

2019 184

OPEC’s Output Freeze: What Has Changed Since Doha?

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The official chatter is that the OPEC meeting in Algeria from September 26 to 28 could conclude with an agreement to freeze production by the member nations, with even Russia joining forces in a freeze that may prevent further oil price erosion. What has changed from Doha to Algeria? The oil markets are so sensitive that even a statement of agreement by OPEC at the end of the meeting is enough to send oil prices flying above the resistance level of $51 a barrel.

2016 150

Volkswagen plans integrated mobility concept in Rwanda; vehicle production in Kenya

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Volkswagen is taking a further step to develop market potentials in Africa. We will systematically continue to develop our position in the fast-growing African car market. ”. Volkswagen is consistently developing market potentials in Africa. In Rwanda, we are launching a concept that will foster individual mobility in this rapidly developing country and make this market a further pillar of the Volkswagen brand’s commitment to Africa.

Kenya 161

SEAT to launch 6 electric and plug-in hybrid models, develop smaller version of MEB for lower-cost EVs

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This year’s achievements underline SEAT’s potential to make use of growth opportunities and open new markets. In this context, it is rolling out an ambitious growth strategy in North Africa, where it will lead the Volkswagen Group’s vehicle assembly project in Algeria and aims to increase its presence in the region in the medium term. In China, SEAT is a part of the JAC Volkswagen joint venture and preparations are being made for its entry in the world’s largest car market.

2019 186

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

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In this sense, the strategic growth regions are Northern Africa, where SEAT leads the Volkswagen Group’s vehicle assembly project in Algeria, and Latin America and Mexico, where the company is studying the feasibility of producing. In addition, markets have been opened recently in Norway and New Zealand, now making the company present on all five continents. SEAT, a member of the Volkswagen Group, will introduce its first fully electric vehicle in 2020.

2018 205

Opinion: Is Russia Plotting To Bring Down OPEC?

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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. Even if Gazprom avoids fines and manages to reach a settlement with the EU, as it hopes to do, its European market share and pricing will remain under pressure into the future.

Russia 195

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

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Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia. The Emgrand range of vehicles, which includes the EC7-RV hatchback, EC7 Compact Sedan and EC8 mid-size sedan, proved to be popular models in key markets with export sales breaching 40,000 units over the course of 2012 and accounting for 40% of total export sales.

2013 196

Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player

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Additional payments of up to $550 million could be payable by Total in case of an improvement in the oil markets in the coming years. The acquisition of Engie’s upstream LNG business enables Total to accelerate the implementation of its strategy to integrate along the full gas value chain, in an LNG market growing strongly at 5% to 6% per year.

2017 150

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

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The Company is primarily engaged in exploration and production of hydrocarbons, production of petroleum products and petrochemicals, and marketing of outputs. In addition, the Company participates in several exploration projects in Kazakhstan and Algeria.

Russia 200

Dow to invest in water desalination and reuse technologies in Saudi Arabia

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The proposed facility would deliver local supply security of advanced technologies for water desalination and water re-use for potable, non-potable and industrial water serving Saudi Arabia, the surrounding Middle East and North Africa region and emerging markets worldwide. FILMTEC membranes from Dow Water & Process Solutions are used in some of the most water-challenged areas of the world, including the Kingdom of Saudi Arabia, the United Arab Emirates, and Algeria.

Europe moves forward on the Energy Union; transport key element

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A project that will integrate our 28 European energy markets into one Energy Union, make Europe less energy dependent and give the predictability that investors so badly need to create jobs and growth. An integrated energy market is needed to create more competition, lead to greater market efficiency through better use of energy generation facilities across the EU and to produce affordable prices for consumers.

2015 203

Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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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. Presumably swayed by Saudi equanimity, financial markets do not see the Saudis abandoning their current policy before, during, or after the upcoming OPEC meeting. Market” forces include many components.

2015 192

Study reports non-US global shale gas recoverable resources of 5,760 Tcf; global shale gas boosts total recoverable natural gas resources by 40%

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In addition to the United States, this group includes Canada, Mexico, China, Australia, Libya, Algeria, Argentina, and Brazil. In response, several other countries have expressed interest in developing their own nascent shale gas resource base, which has lead to questions regarding the broader implications of shale gas for international natural gas markets. Map of 48 major shale gas basins in 32 countries. Source: EIA. Click to enlarge.

2011 185

Global Gas Prices | Hybrid Sales

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car market. Algeria. sales of hybrid SUVs and other fuel efficient vehicles will prove interesting to watch this year, especially if fuel prices remain relatively low. Expert predictions about where oil and gas prices are headed vary widely. Some expect both to remain steady due to global economic conditions while others point to the return of $3/gallon gas (in the states) fueled mainly by an increase in foreign demand.

2010 78