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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects. Novatek and its partners Total and Chinese National Petroleum Company still lack $15 billion of the $27 billion needed to finance the Yamal LNG plant. Russia’s export channels are less susceptible to disruption.

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The Saudi Dilemma: To Cut Or Not To Cut

Green Car Congress

“Even if [Brent] prices fall further to $40-$50 a barrel, immediate balance of payments strains are unlikely to emerge,” the report said, with its authors adding the Kingdom would be able to finance its trade deficit from its foreign exchange reserves “for at least a decade.”. This suggestion is not universally accepted. shale oil.

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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

Green Car Congress

Of this, the Saudi government will finance $239 billion, while private investors will finance $79 billion, as well as investments in refining (which it does not specify). as the drop in oil prices over the last year has put a strain on the nation’s finances.". percent increase), based on Saudi Arabia’s conflict with Iran.

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What's Oil Got to Do With It?

Plugs and Cars

From Saturday's New York Times story " Cheney, on Carrier, Sends Warning to Iran " Vice President Dick Cheney used the deck of an American aircraft carrier just 150 miles off Iran’s coast as the backdrop yesterday to warn that the United States was prepared to use its naval power to keep Tehran from disrupting oil routes.

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Day Of Reckoning For US Shale Will Have To Wait

Green Car Congress

Maintaining access to finance can come at a price. Bond markets have essentially been ruled out as a new source of finance for high-yield producers. Also, although there was a lot of speculation about Iran’s ability to return some capacity to the market, such an outcome appears more and more likely.

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Which 2024 EVs qualify for the $7,500 EV tax credit?

Baua Electric

1, any vehicles with key battery components sourced from a “foreign entity of concern”—China, Russia, Iran, or North Korea— will be disqualified in 2024 , as will corporate subsidies if a “parent entity” from one of those countries directly holds more of 50% of the automaker’s interest. Starting Jan.

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

Green Car Congress

But taken in the context of many other actions around the world including Saudi Arabia’s frustration with US foreign policy toward Iran, and China’s voracious appetite for gold, these actions are meaningful steps away from the dollar.”. The company was also seeking financing for a gas project in Russia despite Western sanctions. “It

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