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Opinion: Saudis Planning For A War Of Attrition In Europe With Russia’s Oil Industry

Green Car Congress

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

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The New Oil Cartel Threatening OPEC

Green Car Congress

According to Bloomberg’s Carl Pope , Europe and Japan, previously reluctant to take part in any anti-OPEC projects, may now join in. The reason they are likely to join in is that unlike in previous oil price cycles, now there are alternatives to fossil fuels. India, China, and Europe are all very big on EV adoption.

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The New Oil Cartel Threatening OPEC

Green Car Congress

According to Bloomberg’s Carl Pope , Europe and Japan, previously reluctant to take part in any anti-OPEC projects, may now join in. The reason they are likely to join in is that unlike in previous oil price cycles, now there are alternatives to fossil fuels. India, China, and Europe are all very big on EV adoption.

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Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

Get Electric Vehicle

A study conducted by BloombergNEF forecasts that Electric vehicles will be cheaper than gasoline-powered vehicles in Europe. In this article, we will be discussing the factors contributing to the price reduction of electric vehicles as mentioned in the study conducted by BloombergNEF along with a few general aspects on the topic.

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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

In this article, we will review the facts and explain our thoughts on where we believe EVs are headed. Outside of Europe, the US and China have experienced a sharp decrease in overall car sales as well. EVs were experiencing rapid growth before the COVID-19 outbreak. Looking past our present challenges – what can we expect?

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