Green Car Congress
OCTOBER 31, 2014
Nixon negotiated a deal with Saudi Arabia whereby in exchange for arms and protection, the Saudis would denominate all future sales of oil in US dollars. (Related: Should Europe Be Concerned About Russia’s Growing Energy Relationship with Asia? ). Rise of the Yuan.
Cars That Think
FEBRUARY 28, 2022
Russia is the world’s second largest producer of crude oil, behind the United States and ahead of Saudi Arabia, and its second largest exporter, behind Saudi Arabia. The continent was mostly powered by locally mined coal until the 1950s, when imports of cheap Middle Eastern oil started transforming the energy picture.
Green Car Congress
MAY 6, 2019
For example, rich countries such as Germany can throw billions of dollars at their coal sector to ease their transition pain, offering generous financial aid to lignite-producing regions. Saudi Arabia and Kuwait might, and should be encouraged to do so. Nigeria or Algeria cannot do the same for their oil industry.
Green Car Congress
OCTOBER 20, 2016
The F-T wax can be manufactured using renewable energy and any carbon-containing resources including biomass, CO 2 , natural gas, coal—and the resulting carbon residue from the hydrogen-depleted wax. Important efforts have been made previously to liberate pure hydrogen from the catalytic decomposition of the lightest alkane, methane.
Green Car Congress
NOVEMBER 13, 2011
Oil and the Transport Sector: Reconfirming the End of Cheap Oil. The largest increase in oil production comes from Iraq, followed by Saudi Arabia, Brazil, Kazakhstan and Canada. The use of coal—which met almost half of the increase in global energy demand over the last decade—rises 65% by 2035.
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