Green Car Congress

AUGUST 7, 2020

Oil markets have returned to relatively stable ground with Brent prices within a narrow $40-$45 per barrel range and could conclusively pass the $50 per barrel mark in the second half of 2021, according to Roger Diwan and the IHS Markit Energy Advisory Service. bbl in 2020 and $49.25/bbl bbl in 2021—up $7.09/bbl bbl and $5.25/bbl,

Saudi Arabia 186

Saudi Arabia Oil Prices Oil Price 186

Green Car Congress

AUGUST 3, 2022

million barrels per day (MMb/d) of global refinery capacity once fully operational. In the International Energy Agency’s (IEA) June 2022 Oil Market Report, the IEA expects net global refining capacity to expand by 1.0 The scheduled expansions follow a period of reduced global refining capacity. million b/d in 2023.

Asia 418

Asia Saudi Arabia Kuwait Oman 418

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. In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy. By offering almost 2.8

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

JULY 12, 2021

The Review captures the significant impact the global pandemic had on energy markets and how it may shape future global energy trends. Natural gas prices declined to multi-year lows; however, the share of gas in primary energy continued to rise, reaching a record high of 24.7%. The oil price (Dated Brent) averaged $41.84/bbl

2020 397

2020 Oil Saudi Arabia Energy 397

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. shale production will continue to grow along with global demand. shale production will continue to grow along with global demand. by Haley Zaremba for Oilprice.com. oil may not be able to fill.

Oil Prices 170

Oil Prices Oil Saudi Arabia Price 170

Green Car Congress

APRIL 1, 2020

Demand is collapsing because of the closure of a large share of the global economy because of coronavirus disease 2019 (COVID-19). IHS Markit revised its global oil production outlook to reflect practical limits to crude oil storage capacity. Quite simply, global production has been on a pace to exceed available storage capacity.

Saudi Arabia 186

Saudi Arabia Oil Production Russia 186

Baua Electric

MARCH 8, 2024

Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift to electric vehicles (EVs), three sources told Reuters.

Saudi Arabia 52

Saudi Arabia Oil United Arab Emirates Auto 52

Green Car Congress

OCTOBER 29, 2015

Instead it pursued a strategy of fighting for market share, contributing to an immediate rout in oil prices. OPEC is widely expected to continue its current strategy at its next meeting, and as such, no rebound in oil prices is expected, at least not because of the results of the group’s meeting in Vienna.

Saudi Arabia 150

Saudi Arabia Price Oil Prices Iraq 150

Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com. told the WSJ. “

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

NOVEMBER 18, 2015

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

Saudi Arabia 150

Saudi Arabia Oil Europe Russia 150

Green Car Congress

DECEMBER 9, 2020

Recent analysis suggests a US$2/kg price represents a potential tipping point that will make green hydrogen and its derivative fuels the energy source of choice across multiple sectors—including steel and fertilizer production, power generation, and long-range shipping—where ample near-term demand exists in Europe and elsewhere. ºC campaign.

Green 321

Green Hydrogen Companies Saudi Arabia 321

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. billion vs. $1.6 billion to $3.5)

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Reports

AUGUST 4, 2016

The sustained fall in global prices has led oil-producing countries to search for ways to keep their revenues up. DON'T MISS: Even Saudi Arabia vows to end its. Cheap gasoline is good news for the economies of most countries, but not those that rely on oil exports.

Saudi Arabia 60

Saudi Arabia Cheap Kuwait Oil 60

Green Car Congress

DECEMBER 11, 2014

Add to that a new report from the US government’s Energy Information Administration (EIA), which also cut its 2015 forecast for growth in global oil demand by 240,000 barrels per day, down to 880,000 barrels per day. As a result, the price of Brent crude has plunged more than 40 percent since June. You start to price that in now.”.

Oil Prices 199

Oil Prices Oil 2015 Price 199

Green Car Congress

APRIL 10, 2015

Simply put, the world has too much oil at the moment which has resulted in the reduction of price levels from approximately $100 to $50 a barrel, and OPEC (as well as US shale producers) has a major role to play in this supply glut. Nigeria is Africa''s largest oil producer and among the top 5 global exporters of LNG. Iraq’s Issues.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

JUNE 13, 2012

Global energy consumption grew by 2.5% globally, and 8.4% These shocks pushed energy prices higher in much of the world, with oil prices reaching a record annual average of more than $100 per barrel (bbl) for the first time. of global energy use, losing share for 12 consecutive years. Coal’s market share of 30.3%

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

MARCH 23, 2017

It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by OPEC to rebalance the market. Having a smaller footprint globally would, in turn, mean that OPEC would wield less influence over the price of oil.

Iraq 150

Iraq Saudi Arabia Oil Oil Prices 150

Green Car Congress

SEPTEMBER 2, 2015

Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. If You’re a Free Range Oil Producer.

Oil 150

Oil Saudi Arabia UAE 2015 150

Green Car Congress

OCTOBER 6, 2015

Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ). percent of GDP in 2014. Natural gas data from Gazprom). billion respectively).

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Reports

MAY 20, 2016

Gasoline prices, which fell below $2 a gallon in many parts of the United States over the winter, have been slowly rising again. And given the supply-and-demand equations in the global oil industry, that means that demand has risen as supplies have stayed steady or fallen.

Saudi Arabia 80

Saudi Arabia Gasoline India United States 80

Green Car Congress

MAY 13, 2021

CCC is a globally diversified company specializing in Engineering and Construction. Commenting on the news, Richard Thompson, Editorial Director at MEED, part of GlobalData, said: For nearly a century, the Gulf’s abundant supplies of accessible hydrocarbons has put it at the center of a gas-guzzling global economy.

Fusion 170

Fusion Green Hydrogen Oman 170

Green Car Congress

JULY 20, 2012

Global emissions of CO 2 increased by 3% last year, according to the annual report “Trends in global CO 2 emissions”, released by the EC Joint Research Centre (JRC) and the Netherlands Environmental Assessment Agency (PBL). At 3%, the 2011 increase in global CO 2 emissions is above the past decade’s average annual increase of 2.7%.

2011 236

2011 Emissions CO2 Global 236

Green Car Congress

OCTOBER 25, 2015

“We think that banks are generally giving producers more time to improve financial health and that spring ‘16 redeterminations could be much tougher without significant commodity price improvement,” said Jonathan Wolff, an analyst with Jeffries, according to SNL. Maintaining access to finance can come at a price.

Saudi Arabia 150

Saudi Arabia Oil Prices Oil Russia 150

The Truth About Cars

FEBRUARY 6, 2024

The company’s share price has also been trending downward since 2018, though it has remained mostly flat since October of 2022. In December 2022, that figure had come back up to £1.4 — making it seem as though the hard times were the result of economic issues created via the global response to COVID-19. Management reported £1.1

Aston Martin 96

Aston Martin Saudi Arabia 2018 Ferrari 96

Green Car Congress

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on a downward path. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices.

Russia 150

Russia Saudi Arabia Oil Market 150

Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). The IEA said these changes will recast expectations about the role of different countries, regions and fuels in the global energy system over the coming decades.

Global 225

Global 2012 Energy Oil 225

Green Car Congress

MARCH 8, 2017

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year. But resurgent U.S.

Oil Prices 170

Oil Prices Saudi Arabia Oil Price 170

Green Car Congress

JUNE 27, 2012

Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Such an increase in capacity could prompt a plunge or even a collapse in oil prices, he suggests. shale oil production.

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

NOVEMBER 15, 2014

Global oil demand is expected to increase by 37 percent by 2040, with a dominant proportion of that coming from developing countries—i.e. After that point, when the shale revolution peters out, oil markets revert to their old ways—that is, looking to the Middle East once again to meet global demand. China and India.

Oil 257

Oil Iraq Oil-Sands Supplies 257

Green Car Congress

APRIL 2, 2017

Of course, there are also exogenous events like political turmoil, policy shifts, technological innovations and demographic changes which can unexpectedly and significantly alter not just the immediate balance but fundamentally shift the way supply and demand curves respond to price movements. Such a structural change has recently occurred.

Oil 250

Oil Saudi Arabia 2007 Supplies 250

Cars That Think

AUGUST 29, 2022

Russia ranks second in the extraction of both crude oil (behind the United States and ahead of Saudi Arabia) and natural gas (behind the United States and ahead of Iran), and it is the sixth-largest producer of coal (behind Australia and ahead of South Africa). Here are the basic facts. share in 2020, by contrast, was about 9 percent.

Ukraine 79

Ukraine Russia Saudi Arabia Fuel 79

Green Car Congress

JUNE 30, 2011

The feedstock flexibility can manifest as price stability for Blue Marble’s chemical customers, Ogilvie noted. For example, the company has a stable price on the spent grain from the brewer; a waste product which otherwise would end up in landfills (i.e., We can hedge off the future price volatility of petroleum.

Waste 352

Waste Saudi Arabia Montana Price 352

Green Car Congress

JANUARY 19, 2011

Over the same period, energy intensity, a key measure of energy use per unit of economic output, is set to improve globally led by rapid efficiency gains in the same non-OECD economies, under these projections. Biofuels will account for 9% of global transport fuels. per year growth, and accounts for 93% of global energy growth.

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. The collapse of oil prices, however, could kill off the megaproject. That is a feature that is hard to overemphasize in today’s oil pricing environment. Maintaining access to finance can come at a price. by Nick Cunningham of Oilprice.com.

Oil 150

Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

SEPTEMBER 28, 2015

The globally competitive Upstream Company will comprise five business units that today make up Global Primary Products: Bauxite, Alumina, Aluminum, Casting and Energy. The Value-Add Company will include Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. billion, with $2.8

2018 150

2018 Companies Saudi Arabia 2014 150

EV Central

MARCH 26, 2023

Ceer Motors It might seem weird that a petrol-chemical kingdom like Saudi Arabia would want to get into EV manufacturing but that’s exactly what is happening with Ceer Motors. Touted as Mexico’s cheapest EV, the SEV E-WAN is priced from about $8000. Let’s check them out. Izera Izera concept. SEV 2023 SEV E-WAN.

China 94

China Saudi Arabia SUV Pininfarina 94

Green Car Congress

OCTOBER 31, 2014

Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Other OPEC members agreed to similar deals, ensuring perpetual global demand for greenbacks.

Russia 225

Russia Oil Saudi Arabia China 225