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ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

Green Car Congress

Improved transport connectivity will help increase trade links between Kazakhstan and the markets in East Asia, the Caspian Sea region, and further to Europe. The decline of global oil prices since 2014 and lower external demand has encouraged the government to create a favorable environment for business-driven regional economic development.

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Petrobras says it is expanding oil and gas production in the pre-salt in “economically viable” manner

Green Car Congress

Responding to press articles saying that the collapse of the global oil price is threatening oil and gas production in the off-shore Brazil pre-salt layer, Petrobras countered that it is expanding its production capacity “in an economically viable manner.”

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US average retail gasoline prices ended 2017 lower than they started

Green Car Congress

In 5 of the 10 cities for which EIA collects weekly retail price data, gasoline prices exceeded $3.00/gal Rising crude oil prices and high levels of gasoline demand contributed to rising gasoline prices from January through May. Average prices for the entire East Coast region moved within a range of $2.25/gal

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Electric Vehicle Charging Principle

Setec Powerr

With soaring oil prices and global policy support, electric vehicles will become increasingly popular. Wireless charging is to automatically connect to the grid for charging and discharging through the wireless charging source board embedded in the road and parking space without using wires and cables.

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A Look at EV Charging Pricing Policy and Why It Matters

EV Connect

For many drivers there is a basic understanding of how traditional gasoline pricing functions: Oil prices based on availability and proximity in large part dictate how much a driver will pay at the pump. The good news for site hosts: EV Connect has the tools to reduce operational costs through pricing strategies.

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Volkswagen Group invested €11.5B (US$12.9B) in R&D in 2014; ongoing focus on electromobility and digitalization of vehicles

Green Car Congress

Winterkorn pointed out that thanks to sensor technology and connectivity, the Group already has the largest networked fleet in the world on the road, adding that the automaker also has the world’s largest low-CO 2 fleet, with the present lineup including 57 model variants that already meet the 95 gram/mile target.

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Lux: Total is leading example of oil supermajor expanding into solar plus storage and distributed generation

Green Car Congress

Expanding into an area outside of the oil supermajors’ expertise is risky—batteries are a hard business to win even for industry veterans—but action is key as transportation and the grid increasingly march toward more electrification, Lux suggests.

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