Green Car Congress

JULY 11, 2016

Venezuela acted as a check on the overall level though, as the crisis-hit country’s production continues to hit fresh lows. Polish refiner Grupa Lotos bought a one-off test purchase of 2 million barrels of Iranian light crude recently, and Europe has returned as a key destination for Iranian crude.

Saudi Arabia 150

Saudi Arabia 2008 Iran Niger 150

Green Car Congress

OCTOBER 20, 2015

Venezuela, an OPEC member, has even proposed an emergency summit meeting. The Association of European Businesses in Russia recently announced that sales of new cars and light commercial vehicles contracted 29 percent in August year-over-year and forecast a 37 percent decline for all of 2015. The Saudi government is also scrambling.

Russia 150

Russia Saudi Arabia Oil Market 150

Green Car Congress

MARCH 30, 2016

The immediate beneficiaries of the ban suspension are gas and oil companies such as Chevron and Exxon Mobil—among the most tireless lobbyers against the ban—and oil trading giants such as Vitol Group BV and Trafigura Ltd Pet. oil, purchasing some 300,000 barrels of U.S. crude oil is Venezuela. oil company to export U.S.

Oil 150

Oil Venezuela France Asia 150

Green Car Congress

NOVEMBER 13, 2011

Passenger light-duty vehicles (PLDVs) remain the single largest component of transport oil consumption, although shrinking from about 45% share today to 39% by 2035. Passenger light-duty vehicles. Oil companies will be forced to turn to more difficult and costly sources to replace lost capacity and meet rising demand.

Oil 247

Oil Transportation Cheap Fleet 247

Drive Electric

AUGUST 9, 2022

ICEVs have been around for a while, and although they’ve had the time to perfect their manufacturing process and we’ve seen increased pressure on the importance of fuel economy and emissions, the thermal efficiency of the average light vehicle engine remains between 20-35%, and we’re not seeing much improvement beyond this.

Environment 98

Environment Electric Vehicles New Zealand Vehicles 98

Drive Electric

AUGUST 9, 2022

ICEVs have been around for a while, and although they’ve had the time to perfect their manufacturing process and we’ve seen increased pressure on the importance of fuel economy and emissions, the thermal efficiency of the average light vehicle engine remains between 20-35%, and we’re not seeing much improvement beyond this.

Environment 52

Environment Electric Vehicles New Zealand Vehicles 52