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China-based GAC to debut new SUV, hybrid crossover and EV at Detroit show; planning NA market entry in 2018

Green Car Congress

At the North American International Auto Show (NAIAS) next week, China-based GAC Motor will unveil three new vehicles: a new SUV, a hybrid crossover concept car, and an elecric vehicle developed internally. GAC Motor made its world premiere at the 2015 NAIAS with the debut of the now best-selling GS4.

Bahrain 150
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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. In its June 2022 Oil Market Report, the IEA expects net global refining capacity to expand by 1.0 million b/d in 2022 and by an additional 1.6

Global 448
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Global study shows uneven urbanization among large cities in the last two decades

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New Delhi in India, Cairo in Egypt, Lagos in Nigeria). Breakdown of the 841 large cities by country income-levels: 353 cities (42.0%) from high-income countries (e.g. Pearl River Delta (PRD) and Beijing in China, São Paulo in Brazil). 127 cities (15.1%) from lower-middle-income countries (e.g. 21 cities (2.5%) from low-income countries (e.g.

Global 433
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Opinion: Is Russia Plotting To Bring Down OPEC?

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Control over the transportation assets in this region together with vast gas reserves make Russia the key element of this new market.”. The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. The emergence of the U.S.,

Russia 150
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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. Market” forces include many components. percentage points.