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EIA estimates decrease in global surplus crude oil production capacity in 2022

Green Car Congress

million barrels per day (b/d) of surplus production capacity was available in non-OPEC countries, about 60% of which was in Russia. For that reason, crude oil production that is offline in Iran, Libya, Venezuela, and now Russia, is excluded from surplus capacity estimates. In 2021, 1.4

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Nissan to test African demand for its e-Power hybrid vehicle – ET Auto

Baua Electric

This year Nissan will export the South African built Navara pickup trucks to new markets of Algeria, Libya, Sudan, Tunisia and Egypt, Nissan Africa product Marketing Director Stefan Haasbroek said. Africa is the world’s last remaining automotive frontier due to the low level of vehicle ownership.

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

Green Car Congress

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.

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Platts Survey: OPEC pumps 31.28M barrels of crude per day in June; highest since Aug 2012

Green Car Congress

Now, output seems to be on the way up, and at a time when the market could be looking at a lot more oil from Iran. Top producer, Saudi Arabia, driver of the oil producer group’s current market share strategy, further increased its output to produce an average 10.35 At that point, output was on the way down. million b/d in June.

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US DOE, IEA member countries releasing a total of 60 million barrels of oil from reserves

Green Car Congress

US Energy Secretary Steven Chu announced today that the US and its partners in the International Energy Agency will release a total of 60 million barrels of oil onto the world market over the next 30 days to offset the disruption in the oil supply caused by unrest in the Middle East. billion barrels, and nearly 1.6

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Europe Expands Virtual Borders To Thwart Migrants

Cars That Think

It was after midnight in the Maltese search-and-rescue zone of the Mediterranean when a rubber boat originating from Libya carrying dozens of migrants encountered a hulking cargo ship from Madeira and a European military aircraft. When I got to Libya, I didn’t have money,” Jacob says. Five more migrants died on the southward journey.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

Coal’s market share of 30.3% Fossil fuels still dominated energy consumption with 87% market share, while renewables rose fastest but are still only 2% of the global total. Output grew rapidly in Qatar (+25.8%), Russia (+3.1%) and Turkmenistan (+40.6%), more than offsetting declines in Libya (-75.6%) and the UK (-20.8%).

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