Green Car Congress

JUNE 27, 2019

Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil supply to Asian markets. Earlier post.). The Hyundai Motor Group. GS Holdings.

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Saudi Arabia South Korea Carbon Fiber Hyundai 223

Green Car Congress

JUNE 2, 2021

According to an International Energy Agency (IEA) forecast, green hydrogen has the potential to fulfil 17% of the global energy demand by 2050. NEOM Helios project, Saudi Arabia; Topsoe delivers ammonia technology for the world’s biggest green hydrogen facility being built in Saudi Arabia.

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Green Car Congress

APRIL 1, 2020

IHS Markit Crude Oil Markets service expects up to 10 MMb/d of world oil production will be cut or shut-in from April to June 2020 as oil storage fills up and output from financially strapped companies begins to fall. The outlook assumes discussion but that no actual international agreement to restrain production materializes.

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Saudi Arabia Oil Production Russia 186

CN EV Post

MARCH 16, 2023

Image from Enovate's Weibo) Enovate Motors, the Chinese new energy vehicle (NEV) startup that announced late last year that it would build a production base in Saudi Arabia, is actually facing financial woes in its home market. In September 2020, the company's first model, the all-electric SUV Enovate ME7, was launched.

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Green Car Congress

JULY 14, 2023

In addition to these products, SABIC offers injection and compression moldable flame retardant long- and short-glass PP materials which are well suited for several internal components and complete enclosures of EV battery packs.

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Saudi Arabia Batteries Battery Polymer 195

Green Car Congress

JUNE 27, 2019

Hyundai Motor Company signed a memorandum of understanding (MOU) with Saudi Arabian Oil Company (Saudi Aramco). The companies will also team-up to expand the adoption of non-metallic materials across a wide range of applications, including the use of carbon fiber and carbon fiber-reinforced plastic.

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Saudi Arabia Hydrogen Hyundai Carbon Fiber 191

Green Car Congress

JANUARY 19, 2012

China Petrochemical Corporation (Sinopec Group) and Saudi Aramco recently signed the joint venture agreement related to the ongoing development of Yanbu Aramco Sinopec Refining Company (YASREF) Limited, formerly the Red Sea Refining Company. in YASREF, with Saudi Aramco holding the remaining 62.5%. Earlier post.).

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Saudi Arabia Oil Asia Gas 255

Green Car Congress

AUGUST 25, 2016

The question is, how many times can the Saudis cry wolf without forever losing the ability to leverage this chatter to affect a rise in oil prices? The Saudi Energy Minister has indicated that Saudi Arabia, OPEC’s largest producer, is willing to proceed with a production freeze. “We Saudi Arabia.

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Saudi Arabia Iran Algeria Oil Prices 150

Green Car Congress

MAY 23, 2016

The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran. OPEC interactions have become a direct altercation between Saudi Arabia and Iran, with the remaining members reduced to mere observers.

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Saudi Arabia Iran Store Oil 150

Green Car Congress

APRIL 10, 2015

OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. As per its state run oil company PDVSA, the country loses about $700 million a year with every $1 drop in the international oil price.

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Green Car Congress

MAY 24, 2017

As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders are predicting that the now over-saturated market will reach an equilibrium with higher commodity prices by 2018 and U.S. by Haley Zaremba for Oilprice.com. What I don’t hear people asking is, ‘then what?’

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Oil Prices Oil Saudi Arabia Price 170

Green Car Congress

MAY 26, 2022

Several organizations, encompassing companies, research labs, and academia, have formed the Hydrogen Opposed Piston Engine Working Group. Several companies are developing hydrogen high pressure injectors, including Bosch and Westport Fuel Systems. ID-Technologies is a Swiss engineering company specialized in energy technologies.

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Hydrogen Engine Saudi Arabia Universal 353

Green Car Congress

JULY 11, 2016

million b/d, as production in Nigeria and Libya tentatively recovered along with steady increases for Saudi Arabia and Iran, according to an S&P Global Platts survey of OPEC and oil industry officials. The bloc’s top producer, Saudi Arabia, increased its output further to produce an average 10.33 million b/d.

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Green Car Congress

JULY 7, 2015

million barrels per day (b/d) in June, up 170,000 b/d from May and the fourth consecutive monthly increase since February, as Saudi Arabia and Iraq pushed out more oil, a Platts survey of OPEC and oil industry officials and analysts showed Monday. The June total leaves OPEC pumping nearly 1.3 million b/d in June. million b/d in June.

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Saudi Arabia Iraq Libya 2012 150

Green Car Congress

MARCH 17, 2011

Saudi Aramco and China Petrochemical Corporation (Sinopec) signed a Memorandum of Understanding (MOU) related to the ongoing development of the Red Sea Refining Company (RSRC), a world-class, full-conversion refinery in Yanbu’ on the west coast of Saudi Arabia. one of the in-Kingdom gas exploration companies.

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Saudi Arabia Oil China Conversion 170

Green Car Congress

APRIL 13, 2013

Aramco Overseas Company B.V. a subsidiary of Saudi Aramco, the state-owned oil company of Saudi Arabia, inaugurated the Aramco Fuel Research Center (FRC), France. IFPEN is delighted to be able to support Aramco Overseas Company as it begins research operations in France.

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France Saudi Arabia Fuel Netherlands 218

Green Car Congress

MAY 13, 2021

Ireland-based electrolyzer company Fusion Fuel Green PLC will collaborate with Consolidated Contractors Group S.A.L. The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar. CCC is a globally diversified company specializing in Engineering and Construction.

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Fusion Green Hydrogen Oman 170

Green Car Congress

DECEMBER 23, 2013

The international geothermal power industry is poised to place between 500 and 1,000 MW on line per year for the rest of the decade, said GEA. New geothermal power came on line in Kenya, New Zealand, Nicaragua, Turkey, and Mexico, as well as Oregon, Nevada and Utah in the United States. Ormat Technologies, and AltaRock Energy.

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Costa Rica El Salvador Industrial Industry 310

Green Car Congress

NOVEMBER 21, 2014

Iran has signaled its willingness to accept international inspections of its nuclear program and the possibility of receiving enriched uranium from abroad. There is potential for carmakers, mining companies, and financial institutions to expand into Iran if it opens up.

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Iran Oil Saudi Arabia Market 236

Green Car Congress

JANUARY 7, 2013

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%. Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia.

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2012 Saudi Arabia Egypt Ukraine 225

Green Car Congress

MARCH 23, 2017

OPEC producers—especially Saudi Arabia, which shoulders the biggest share of cuts—are desperately trying to maintain their most important market shares such as those in Asia , while measuring exports bound for other destinations in its attempt to comply with the production cuts. But Iraq is uniquely positioned.

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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. They potentially enhance the attractiveness of Russian crude and natural gas supplies compared to those from Saudi Arabia and its Gulf Arab allies. Wary of U.S. Wary of U.S.

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Russia Saudi Arabia Iran Iraq 150

Green Car Congress

SEPTEMBER 2, 2015

Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. If You’re a Free Range Oil Producer.

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Cars That Think

NOVEMBER 5, 2023

The company made electrical measurement instruments and control and power systems. Those contacts helped Hissey and L&N take on several international projects such as setting up telemetry systems for Aramco , a national oil and natural gas company in Saudi Arabia.

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Saudi Arabia Philadelphia 2014 Pennsylvania 71

Green Car Congress

OCTOBER 20, 2015

In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts.

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Russia Saudi Arabia Oil Market 150

Teslarati

APRIL 25, 2022

The Tesla CEO’s recent comments came as text messages between Musk and the Saudi Arabia Public Investment Fund Head were shared online. The text messages between Musk and the Saudi PIF Head Yasir Al-Rumayyan were revealed as part of a 300-page motion filed late last week by Alex Spiro, the Tesla CEO’s lead attorney.

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Insight Saudi Arabia 2018 Tesla 98

Green Car Congress

OCTOBER 14, 2015

Since 2009, China has been taking a much more active role in its pursuit of international oil contracts. In 2009, for the first time, Saudi Arabia exported more of its oil to China than it did to the U.S. China also made large investments in Saudi Arabia’s oil refining industry as well.

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Green Car Congress

AUGUST 9, 2014

Rosneft and ExxonMobil joint venture company Karmorneftegaz began drilling of Universitetskaya-1, the Russian Federations northernmost well, using the West Alpha rig in the Kara Sea. Today commercial success is determined by effective international cooperation. The Kara Sea is part of the Arctic Ocean north of West Siberia.

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Saudi Arabia Oil Alaska Russia 290

Green Car Congress

MAY 29, 2012

The company, which began deliveries of the Fisker Karma luxury four-door extended range electric sedan in December 2011, also said that it has delivered 1,000 vehicles to customers in the US and Europe. The latest funding has lifted the overall financing beyond $1 billion since the start of the company in 2007. Click to enlarge.

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Green Car Congress

JUNE 19, 2014

Researchers at MIT and King Fahd University of Petroleum and Minerals (KFUPM) in Saudi Arabia have devised a robotic system that can detect leaks in gas, oil and water pipelines at a rapid pace and with high accuracy by sensing a large pressure change at leak locations. Chatzigeorgiou, D.; Youcef-Toumi, K.; Ben-Mansour, R.

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MIT Saudi Arabia Water Gas 231

Baua Electric

MAY 1, 2024

As I exited Harry Reid International Airport on a bright March afternoon, my hand flew up to protect my eyes, which had grown accustomed to the dull light of a long, gray Tennessee winter. Reaching for the stars Under Canvas is certainly not the first hospitality company to tout its access to the night sky. Brigagliano. “So

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Utah Saudi Arabia Light Maldives 52

Green Car Congress

NOVEMBER 6, 2015

For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. By 2017, the company says it will cease deepwater exploration and will sell off its offshore leases that it does not plan on developing. Conoco has the rights to 2.2

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Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

JULY 16, 2017

Increased local demand is not only a growing problem for Saudi Arabia, but for most Persian Gulf producers. Saudi August crude exports could fall to around 6.6 The Saudi situation is not different from its neighbors. million bpd. A majority of cuts will be made to export volumes to the U.S.

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Oil Libya Nigeria Qatar 186

Green Car Congress

JUNE 27, 2012

The findings by Leonardo Maugeri, a former senior executive vice president of the oil company Eni, and now a fellow in the Geopolitics of Energy Project in the Kennedy School’s Belfer Center for Science and International Affairs, are based on an original field-by-field analysis of the world’s major oil formations and exploration projects.

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Oil Oil-Sands Price Production 261

Green Car Congress

DECEMBER 8, 2011

This planned spending includes initial appraisal of new acreage captured over the past two years, including Liberia, China and various international shale gas plays. Global exploration funding is expected to be $3 billion in 2012.

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Green Car Congress

OCTOBER 31, 2014

Nixon negotiated a deal with Saudi Arabia whereby in exchange for arms and protection, the Saudis would denominate all future sales of oil in US dollars. The company was also seeking financing for a gas project in Russia despite Western sanctions. “It However, the Chinese have a problem in their plans for the yuan.

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Russia Oil Saudi Arabia China 225

Teslarati

MARCH 1, 2022

However, the company’s call last night clarified what the automaker expects for the future, looking at 2022 and 2023 as perhaps the company’s most crucial for any possibility to compete with industry leader Tesla. Lucid Motors announces first international plant in Saudi Arabia.

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