Green Car Congress
MARCH 26, 2014
The rise in China’s net imports of petroleum and other liquids is driven by steady economic growth, with rapidly rising Chinese petroleum demand outpacing production growth. In the meantime, Chinese production will increase at a much lower rate (5% over this period) and is forecast to be only one-third of US production in 2014.
Green Car Congress
OCTOBER 6, 2015
Novatek and its partners Total and Chinese National Petroleum Company still lack $15 billion of the $27 billion needed to finance the Yamal LNG plant. naval power, the Chinese, for example, prefer pipeline natural gas supplies over seaborne LNG supplies. Live by Energy…. Wary of U.S.
Green Car Congress
JULY 21, 2022
Chinese capacity is scheduled to increase significantly this year because of the start of at least two new refinery projects and a major refinery expansion. A new 140,000 b/d refinery is scheduled to come online in Karbala, Iraq, this September, targeting to be fully operational by 2023.
Green Car Congress
JANUARY 7, 2013
Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia. Zhejiang Geely Holding Group set a new export sales record in December with 11,000 cars being exported during the month, which also helped the company increase its export sales over the course of 2012 by 164%.
Green Car Congress
JULY 28, 2015
On the other hand, it won’t be easy for Saudi Arabia—Chinese refiners are also producing more gasoline, for which demand is still strong. Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico. However, one cannot easily neglect the Indian and Chinese refiners.
Green Car Congress
AUGUST 25, 2015
As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense. Canada, Mexico (foreign investment), and also Russia (Chinese investment), that will have the financial wherewithal to grow output to satisfy the 18 million barrel per day increase in demand that OPEC sees by 2040.
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