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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

Green Car Congress

However, the collapse in global oil prices has eroded a significant portion of the natural gas cost advantage. Additional issues that could hinder growth prospects include ongoing political tensions in Eastern Europe that could affect supply and the prices of gas exports from Russia to Western Europe.

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Saudis Expand Price War Downstream

Green Car Congress

Jizan will come on top of Saudi Arabia’s two other 400,000 bpd refineries at Yasref and Yanbu, and will turn the country into a major global player in the downstream sector, expanding its campaign for market share beyond just crude oil. Is Saudi Arabia likely to win a potential price war against Asian producers of diesel?