article thumbnail

Chevron approves next major Tengiz expansion project in Kazakhstan

Green Car Congress

Chevron Corporation announced that its 50% owned affiliate, Tengizchevroil (TCO), will proceed with the development of its Future Growth and Wellhead Pressure Management Project (FGP-WPMP), which will increase crude oil production at the Tengiz oil field in Kazakhstan by about 260,000 barrels per day. billion, which includes $27.1

article thumbnail

Skoda’s global sales rise 18.5% in 2023 to 866,800 cars | Autocar Professional

Baua Electric

Moreover, by entering the Vietnamese and Kazakhstan markets in H2 2023, Škoda Auto is advancing its international growth strategy. Additionally, the automaker is re-establishing its presence in Kazakhstan through a strategic partnership supporting the local assembly of the Kodiaq, Kamiq, Karoq and Octavia.

Global 52
article thumbnail

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Although the recovery in the world economy since 2009 has been uneven, and future economic prospects remain uncertain, global primary energy demand rebounded by a remarkable 5% in 2010, pushing CO 2 emissions to a new high. The largest increase in oil production comes from Iraq, followed by Saudi Arabia, Brazil, Kazakhstan and Canada.

Oil 247