Green Car Congress
APRIL 10, 2015
With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Source: opec.org).
Green Car Congress
JULY 28, 2015
With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? The crude is so cheap it’s pretty much free for them, the margins are going to be massive. Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico.
EV Info
SEPTEMBER 23, 2021
Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change. Gas is the only answer.
Green Car Congress
NOVEMBER 13, 2011
Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. Major changes in liquids supply in the New Policies Scenario, 2010-2035. By contrast, subsidies for fossil fuels amounted to $409 billion in 2010.
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