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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Energy is the foundation of Russia, its economy, its government, and its political system. Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ).

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bp to exit its 19.75% shareholding in Rosneft

Green Car Congress

The resignations will require bp to change its accounting treatment of its Rosneft shareholding and, as a result, it expects to report a material non-cash charge with its first quarter 2022 results, to be reported in May. Russia’s attack on Ukraine is an act of aggression which is having tragic consequences across the region.

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Day Of Reckoning For US Shale Will Have To Wait

Green Car Congress

E&P companies could resort to loans in order to pay off maturing debt, not unlike charging one credit card to wipe clean the debt on another. Kicking the can means that production may not fall as fast as expected, which will mean oil prices may not begin to stage a rally as quickly as some had hoped.

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

Green Car Congress

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. Customers want adequate range (the example he gave was from Munich to Hamburg—about 775 km (480 miles), a one-to-two hour recharging time along with a quick charge option; and a price increase of a maximum €2,000 (US$2,800) more than today.

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Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

Tony Karrer Delicious EVdriven

REDDIT STUMBLE UPON MYSPACE MIXX IT Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS ( close ) By Andy Grove April 17, 2009: 9:30 AM ET The great electric car race High oil prices, green regs, and better batteries are behind the mad dash to create the ultimate electric automobile. rivals in the dust.

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