article thumbnail

Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

article thumbnail

Baker Institute team says fossil fuel subsidies need global reform

Green Car Congress

“There is evidence that fossil fuel subsidies are socially inequitable, that they encourage smuggling and waste, and distort economies in ways that undermine economic efficiency while harming the environment and the climate,” wrote Jim Krane, the Wallace S. Costs ranged from a low of 0.3% Subsidies remained sticky outside the G20 as well.

article thumbnail

T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand

Green Car Congress

Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Norway and Saudi Arabia followed closely. In not much more than a year, the EU has redrawn the oil map.

Oil 370
article thumbnail

Saudi Aramco and Air Products to build Saudi Arabia’s first hydrogen fuel cell vehicle fueling station; operational 2Q19

Green Car Congress

Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. The hydrogen refueling station, the first in the Kingdom, is expected to be operational in the second quarter of 2019.

article thumbnail

IHS Markit: 10 MMb/d of oil production cuts coming

Green Car Congress

Assuming global oil demand returns to growth in 2021 Saudi Arabia and Russia are better positioned to maintain or even increase production compared to the United States. In contrast, output from Saudi Arabia is projected to be 1.8 In contrast, output from Saudi Arabia is projected to be 1.8

article thumbnail

KAUST team devises electrically-driven membrane process for seawater lithium mining

Green Car Congress

Researchers at King Abdullah University of Science and Technology (KAUST) in Saudi Arabia have developed a continuous electrically-driven membrane process which successfully enriches lithium from seawater samples of the Red Sea by 43,000 times (i.e., to 9013.43 ppm) with a nominal Li/Mg selectivity >45 million.

Li-ion 476
article thumbnail

Hyundai Motor and Saudi Aramco to collaborate on hydrogen, advanced non-metallic materials and future technologies

Green Car Congress

In addition to collaborating on hydrogen supply and the deployment of hydrogen refueling stations in Korea, Hyundai Motor and Saudi Aramco will grow awareness of Hyundai’s hydrogen fuel cell vehicles in the Kingdom of Saudi Arabia. Additionally, the companies will cooperate on the development of future automotive technologies.