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bp to exit its 19.75% shareholding in Rosneft

Green Car Congress

Russia’s attack on Ukraine is an act of aggression which is having tragic consequences across the region. Like so many, I have been deeply shocked and saddened by the situation unfolding in Ukraine and my heart goes out to everyone affected. Impact on reporting and finances. —bp chair Helge Lund. billion at year-end 2021.

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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. After Russia began its full-scale invasion of Ukraine in late February 2022, the impacts of reduced global refining capacity were exacerbated.

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Australian thermal coal mine aims for Q4 restart on supply deal – ET Auto

Baua Electric

Surging prices for coal last year have led to some new coal mines ramping up after the war in Ukraine exacerbated a supply shortage brought on by growing reluctance from climate conscious investors to funding new fossil fuel projects. In March it had said it expected to restart in the second half of 2023.

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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

A worldwide deficit of lithium, a global shortage of semiconductors and the ongoing conflict in Ukraine are all heavily impacting production efficiencies, with some OEM lead times reportedly reaching upwards of twelve months. Will your used EV quickly become a drain on your finances? What about the elephant in the room?

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Magna Q1 internet source of revenue falls 43%, however 2023 outlook improves

Baua Electric

billion in debt within the first quarter partly to finance the offer. billion because of unutilized program launches and better light-vehicle manufacturing when put next with a age previous, when the battle in Ukraine and portions shortages have been hitting international output even more difficult.

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PBL Study Finds Developed Countries Proposals for Copenhagen Fall Short for Reaching 2 °C Climate Objective

Green Car Congress

Non-Annex I actions may be (partially) financed by Annex I2. Canada’s pledges are 25% lower and those of Russia and the Ukraine are even over 35% lower than required. Financing the reduction in emissions from deforestation and forest degradation in developing countries (UN program REDD) is meant to protect the forests.

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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

The reasons for the cozier relationship between the two giant powers are, of course, rooted in the Ukraine crisis and subsequent Western sanctions against Russia, combined with China’s need to secure long-term energy supplies. The company was also seeking financing for a gas project in Russia despite Western sanctions. “It

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