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Tesla shuts down Gigafactory Berlin after suspected sabotage results in power outage

Baua Electric

First, it had to halt production due to supply issues amid problems with cargo ships getting through the Gulf of Aden and the Bab al-Mandeb Strait due to the civil war in Yemen. When it produces a new EV at the factory, that EV converts polluting gas mileage into cleaner electric mileage. This is a net positive.

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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

Green Car Congress

Japan-based INPEX Corporation and its joint venture partner Total have made the final investment decision (FID) for the Ichthys liquefied natural gas (LNG) project in Australia, representing an investment of US$34 billion dollars. Total Gas & Power Limited, the gas trading subsidiary of Total, will also purchase 0.9

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Opinion: The Saudi Oil Price War Is Backfiring

Green Car Congress

Thanks to its generous public spending and a costly war against Yemen, one of the major worries for Saudi Arabia is that it is burning through its foreign reserves at an alarming pace. Gaurav Agnihotri is an ME and an MBA-Marketing, and an oil and gas professional based in India.

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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

Green Car Congress

The Abqaiq-Yanbu natural gas liquids pipeline, which runs parallel to the Petroline to the Red Sea, has a 290,000-bbl/d capacity. It is located between Yemen, Djibouti, and Eritrea, and connects the Red Sea with the Gulf of Aden and the Arabian Sea. The East-West Pipeline has a nameplate capacity of about 5 million bbl/d.

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