Green Car Congress

APRIL 10, 2015

With the huge reduction in its revenues and growing discomfort among its members such as Venezuela, Libya and Nigeria over its current production levels, is OPEC really getting weaker? Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC. Nigeria’s dilemma.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

JULY 28, 2015

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. The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil.

Saudi Arabia 150

Saudi Arabia Price Oil India 150

EV Info

SEPTEMBER 23, 2021

Ministers decided they would rather throw hundreds of Northern workers out of a job, turn down hundreds of millions of pounds of investment and rely instead – for the five million tonnes of coal per year gap that we still need for industry – on energy imports from those famously reliable partners, Russia and Venezuela. Gas is the only answer.

Power 52

Power Powered Wind Coal 52

Green Car Congress

NOVEMBER 13, 2011

Oil and the Transport Sector: Reconfirming the End of Cheap Oil. A growing share of output comes from natural gas liquids (more than 18 mb/d in 2035) and unconventional sources (10 mb/d, largely from Canada and Venezuela). World transportation oil demand by mode in the New Policies Scenario. Click to enlarge.

Oil 247

Oil Transportation Cheap Fleet 247