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Aramco to explore hydrogen-powered vehicle business with Gaussin

Green Car Congress

The Saudi Arabian Oil Company (Aramco) signed five agreements with leading French companies, including an agreement to explore a hydrogen-powered vehicle business with Gaussin , a pioneer in clean and intelligent transport solutions. Gaussin hydrogen-powered Dakar racer. Additional MoUs.

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bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

Green Car Congress

bp released the 70 th annual edition of the bp Statistical Review of World Energy ; the data collected in this year’s edition includes energy data for 2020. The Review captures the significant impact the global pandemic had on energy markets and how it may shape future global energy trends. million b/d) and non-OPEC (-2.3

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Saudi Arabia inaugurates first solar power plant

Green Car Congress

Saudi Arabia inaugurated its first solar power plant on 1 October as it continues to diversify its energy sources. The plant was constructed by the Saudi Electricity Company (SEC) and Showa Shell Sekiyu K.K., a Japanese energy company partly owned by the Saudi Arabian Oil Company.

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Oil Price Fluctuations and the Power of OPEC

Energy Institute at HAAS

A wild recent day for oil prices demonstrates OPEC’s enduring influence. Last week Saudi Arabia announced that it will reach $300+ billion in government revenues for 2022. Oil prices were … Continue Reading Oil Price Fluctuations and the Power of OPEC.

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Even Saudi Arabia vows to end its 'addiction to oil'

Green Car Reports

Oil-rich Saudi Arabia is now starting to contemplate a future in which gasoline and diesel now longer power the majority of the world's cars. Over the next decade and a half, it hopes to transition its economy away from oil, largely by investing today's oil revenues in other industries.

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Baker Institute team says fossil fuel subsidies need global reform

Green Car Congress

Fossil fuels still receive most of the international government support provided to the energy sector despite their “well-known environmental and public health damage,” according to new research from Rice University’s Baker Institute for Public Policy. 5 consumer of oil,” Krane said. Costs ranged from a low of 0.3%

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Louisiana Governor and Air Products announce US$4.5B blue hydrogen clean energy complex in Eastern Louisiana

Green Car Congress

billion clean energy complex to be built in Louisiana that will make the state a leader in the US clean energy transition. The Port Arthur facility has captured approximately one million tons of CO 2 annually since 2013, with the CO 2 transported via pipeline and utilized for enhanced oil recovery operations.

Louisiana 391