Green Car Congress

DECEMBER 11, 2013

The International Energy Agency’s (IEA’s) Oil Market Report (OMR) for December raised the estimate of global oil demand for 2013 by 130,000 barrels per day (130 kb/d) to 91.2 Global demand is now seen advancing by 1.2 Global demand is now seen advancing by 1.2 Global oil supplies increased by 310 kb/d in November to 92.3

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Green Car Congress

SEPTEMBER 5, 2013

A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

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Cars That Think

AUGUST 24, 2023

After he graduated from the Federal University of Technology in Owerri, Nigeria, his plan was to get a high-paying job at one of the multinational oil and gas companies based in the country. Orajaka says his off-grid system of the first of its kind developed and implemented in Nigeria. The IEEE member is GVE’s chief executive.

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Green Car Congress

OCTOBER 28, 2020

Used Vehicles and the Environment - A Global Overview of Used Light Duty Vehicles: Flow, Scale and Regulation , the first report of its kind, calls for action to fill the current policy vacuum with the adoption of harmonized minimum quality standards that will ensure used vehicles contribute to cleaner, safer fleets in importing countries.

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Green Car Congress

NOVEMBER 30, 2015

As the UN climate conference COP21 opened in Paris, Bill Gates announced the formation of the “ Breakthrough energy coalition ”, an investment grouping of global billionaires focused on developing the technologies that will create a new zero-carbon energy mix. Aliko Dangote, Founder and Chief Executive, Dangote Group, Nigeria.

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Energy Saudi Arabia Carbon Global 150

Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Nigeria’s dilemma.

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Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

NOVEMBER 2, 2020

Sentyurin also acknowledged the role of Turkmenistan as one of the founders of the Forum, the 20 member countries of which today represent 71% of proven gas reserves, 45% of its marketed production, 53% of pipeline, and 60% of LNG exports across the world.

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Green Car Congress

DECEMBER 10, 2014

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.

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Green Car Congress

JULY 11, 2016

million b/d, as production in Nigeria and Libya tentatively recovered along with steady increases for Saudi Arabia and Iran, according to an S&P Global Platts survey of OPEC and oil industry officials. —Eklavya Gupte, senior editor for S&P Global Platts. In addition, domestic refining also picked up.

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Green Car Congress

OCTOBER 26, 2017

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. The threat of an outage will carry more weight as the oil market tightens. Iran probably won’t pose a supply risk to the market, at least not this year. by Nick Cunningham for Oilprice.com. bank Citi said.

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Green Car Congress

JULY 16, 2017

The skepticism shown by a majority of financial analysts and oil commentators about the real threat to global oil (and gas) production volumes was countered by the news that the production at Saudi Aramco’s main offshore oil field, Manifa, has been hit by technical problems. Amin Nasser’s aim is to go beyond global oil markets.

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Oil Libya Nigeria Qatar 186

Baua Electric

MAY 4, 2024

While domestic market wholesales are posting strong double-digit growth on the back of a much-awaited rural India recovery, export demand for made-in-India two-wheelers is finally beginning to see the green shoots of recovery. Exports comprised 22% of its combined domestic market and export sales of 40,44,824 or 4 million units in FY2024.

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India Nepal Colombia Bangladesh 52

Green Car Congress

DECEMBER 23, 2016

Even taking into account some cheating, WoodMac concludes that a 75 percent compliance rate with the promised cuts would get the markets to that price level. The US dollar is at its strongest level in nearly a decade, which will weigh on global crude oil demand. Of course, OPEC cheating is a possibility.

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Green Car Congress

JULY 28, 2015

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? How will Saudi Arabia Capture Market Share Downstream?

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Saudi Arabia Price Oil India 150

Green Car Congress

JUNE 20, 2012

While the Department of Defense (DoD) is one of the world’s largest fuel users, its consumption of about 340,000 bpd is a small fraction (less than one-half of 1 percent) of global petroleum demand. A fourth volume examining energy security in Nigeria and other nations in the Gulf of Guinea is scheduled for later publication.

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Green Car Congress

MARCH 24, 2016

Moreover, supply outages in places like Iraq and Nigeria have also knocked at least a quarter of a million barrels per day offline, an unexpected disruption that put upward pressure on prices in March. Neil Atkinson, head of the oil market division at the International Energy Agency (IEA), largely agrees with the potential shale restart.

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Green Car Congress

JUNE 17, 2015

Kearl’s bitumen was first processed in ExxonMobil refineries to help the company fully understand its properties before introducing it to the market. ExxonMobil expects to increase its global production volumes this year by 2% to 4.1 It is now processed in more than 25 refineries around the world.

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Green Car Congress

AUGUST 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. Market” forces include many components. percentage points.

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Green Car Congress

OCTOBER 6, 2015

Control over the transportation assets in this region together with vast gas reserves make Russia the key element of this new market.”. The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. The emergence of the U.S.,

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Green Car Congress

MAY 6, 2019

Nigeria or Algeria cannot do the same for their oil industry. This scenario assumes a full global consensus for action on climate change. Financial markets divest fossil-fuel assets and reallocate capital to low-carbon firms. A wave of green globalization allows all countries to share in the benefits of decarbonization.

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Green Car Congress

JUNE 23, 2016

The argument emerged that having contributed to the collapse of world oil prices, US LTO was the new global swing producer, replacing OPEC leader Saudi Arabia in that role. The collapse of the American rig count and subsequent decline in LTO output has indeed contributed mightily to rebalancing world oil markets.

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Oil Prices Oil Price Oil-Sands 150

Green Car Congress

JANUARY 31, 2018

The IHS Markit report, entitled: “Back to the Basins: International Shorter-Cycle Opportunities,” initially assessed five, short-cycle projects outside the US in mature, late-life basins in Mexico, Nigeria, Egypt, Brazil and the North Sea, and included both shallow water and mature, onshore areas that break even at per-barrel costs under US$40.

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North America Oil America Oman 150

Green Car Congress

APRIL 22, 2010

The International Institute for Sustainable Development’s Geneva-based Global Subsidies Initiative ( GSI ) has issued a five-part series of reports into how nations might remove fossil-fuel subsidies, on the eve of a meeting of G20 finance ministers in Washington this week. Mapping the Characteristics of Producer Subsidies. per year to 2050.

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Green Car Congress

MAY 27, 2022

million in payments to be made to intermediary companies in order to secure improper advantages to obtain and retain business with state-owned and state-controlled entities in West Africa, including Nigeria, Cameroon, Ivory Coast, and Equatorial Guinea. operated a global commodity trading business, which included trading in fuel oil.

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Los Angeles Equatorial Guinea Price Nigeria 199

Green Car Congress

JUNE 21, 2019

The resulting changes in the size, composition and distribution of the world’s population have important consequences for achieving the Sustainable Development Goals (SDGs), the globally agreed targets for improving economic prosperity and social well-being while protecting the environment. The global fertility rate, which fell from 3.2

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Drive Electric

AUGUST 9, 2022

While 80% of EV drivers globally charge their EV at home which can be done from inside your garage or carport with appropriate safety in place, there is still a need for public charging infrastructure. In 2021, Global EV purchases jumped to 6.6 So, how much lithium is available globally, and will this become an issue?

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Environment Electric Vehicles New Zealand Vehicles 98

Drive Electric

AUGUST 9, 2022

While 80% of EV drivers globally charge their EV at home which can be done from inside your garage or carport with appropriate safety in place, there is still a need for public charging infrastructure. In 2021, Global EV purchases jumped to 6.6 So, how much lithium is available globally, and will this become an issue?

Environment 52

Environment Electric Vehicles New Zealand Vehicles 52