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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

GAC is the only Chinese automaker to exhibit at the 2017 NAIAS and is also the first Chinese automaker to present on the main show floor. 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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Associated sanctions on Russia—with more than 5 million b/d in crude oil processing capacity—disrupted exports of Russia’s refined products into the global market, and will likely continue to do so as import bans in the European Union and United Kingdom come into full force. million b/d in 2022 and by an additional 1.6

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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). 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. Kathmandu in Nepal, Dar es Salaam in Tanzania).

Global 433
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Saudis Expand Price War Downstream

Green Car Congress

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? How will Saudi Arabia Capture Market Share Downstream? Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico. By offering almost 2.8

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

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

Green Car Congress

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.