Teslarati

MAY 18, 2022

Lucid Group announced today that it has signed a contract with several Saudi Arabian government agencies that locks in plans for a production facility with an annual capacity of 155,000 units. billion in aggregate over the next 15 years to build the facility in Saudi Arabia, it said. Lucid Group will receive up to $3.4

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Saudi Arabia Manufacturer Financing Climate Change 98

Teslarati

MARCH 1, 2022

Lucid announced that its first international plant will be located in Saudi Arabia. The Arizona-based EV manufacturer estimates that its plant in Saudi Arabia could increase Lucid’s value by up to $3.4 Lucid chose KAEC as the location of its international plant in Saudi Arabia. Credit: Lucid Motors).

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Saudi Arabia International Motor Motors 61

Green Car Congress

MAY 13, 2015

Saudi Arabia continues to ratchet up production, taking market share away from US shale producers. According to OPEC's latest monthly oil report , Saudi Arabia boosted its oil output to 10.31 In other words, as Saudi Arabia ramps up, US shale is being forced to cut back. by James Stafford of Oilprice.com.

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Saudi Arabia Oil Prices Oil Price 150

Green Car Congress

OCTOBER 23, 2020

Their paper tracks fossil fuel usage and government subsidies since the the 2009 G20 summit, during which representatives from 20 countries discussed global financial and socioeconomic issues and agreed to “phase out and rationalize over the medium term inefficient fossil fuel subsidies.”. Costs ranged from a low of 0.3%

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Saudi Arabia Global Fuel Oil 397

Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

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Saudi Arabia Oil Production Climate 150

Green Car Congress

JULY 21, 2022

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6

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Global China Kuwait Oman 448

Green Car Congress

JUNE 27, 2023

With abundant renewable energy sources (RES) and natural gas reserves, the Gulf region is set to become a leading global producer of green and blue hydrogen, ammonia and other synthesis products.

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Europe Hydrogen Saudi Arabia Qatar 370

Green Car Congress

JULY 30, 2019

In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. WTI, the US light crude, covers 60% of global growth. The surplus in the Middle East is slightly up, due to the year-end increases of big producers (Saudi Arabia, Iraq and U.A.E.). also rose in Brazil and Norway. recorded in 2013-2017.

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Saudi Arabia Oil 2018 Global 170

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.

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Asia Saudi Arabia Kuwait Oman 418

Green Car Congress

JANUARY 18, 2022

EVM is building a global battery chemicals and technology business with the development of the world’s first integrated Battery Chemicals Complex (BCC) at Yanbu Industrial City in the Kingdom of Saudi Arabia.

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Saudi Arabia Australia Lithium Ion Energy Storage 273

Green Car Congress

JULY 31, 2023

Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Norway and Saudi Arabia followed closely. C target, new oil projects are still being planned globally and in the key countries supplying the EU.

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Oil Russia Saudi Arabia Ukraine 370

Teslarati

DECEMBER 15, 2023

It appears that Lucid is adopting a pretty deliberate strategy in its efforts to ramp its operations in Saudi Arabia. As per comments from Lucid global vice-president Faisal Sultan, the automaker is now assembling Lucid Air sedans in its Saudi Arabia factory.

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Saudi Arabia Kits Arizona IDEA 97

Green Car Congress

APRIL 30, 2021

NEOM is a $500-billion giga-project in northwest Saudi Arabia on the Red Sea. Various global corporations have already committed to invest more than $5 billion to produce green hydrogen in NEOM in the world’s largest hydrogen production plant.

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Saudi Arabia Hydrogen Motor Motors 218

Green Car Congress

JULY 20, 2022

Green hydrogen and ammonia produced by the partners through new green field investments will support to meet POSCO Group’s targets to produce 500,000 tonnes of hydrogen globally by 2030. ACWA Power, alongside Saudi Arabia’s NEOM and Air Products, is developing the first at-scale green hydrogen project in Saudi Arabia.

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Saudi Arabia Green South Korea Hydrogen 199

Green Car Congress

JULY 10, 2020

The project, which will be equally owned by the three partners, will be sited in NEOM , a new model for sustainable living located in the north west corner of the Kingdom of Saudi Arabia, and will produce green ammonia for export to global markets. million tons per year of green ammonia using Haldor Topsoe technology.

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Saudi Arabia Production Green Global 186

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. Country wise, Russia (-1 million b/d), Libya (-920,000 b/d) and Saudi Arabia (-790,000 b/d). Global oil demand fell 9.3%, with the largest falls seen in the US (-2.3 million b/d).

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2020 Oil Saudi Arabia Energy 397

Green Car Congress

MARCH 26, 2021

Driven by our vision to be recognized as the global leader in carbon emission reduction technologies by 2024, we are excited to offer innovative and attractive low-carbon solutions to our customers. An example is the Helios project in NEOM, Saudi Arabia, announced in July 2020, which includes the world’s largest ammonia loop (1.2

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Saudi Arabia Green Hydrogen Renewable 321

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.

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Saudi Arabia Oil Production Russia 186

Green Car Congress

JUNE 2, 2021

According to an International Energy Agency (IEA) forecast, green hydrogen has the potential to fulfil 17% of the global energy demand by 2050. NEOM Helios project, Saudi Arabia; Topsoe delivers ammonia technology for the world’s biggest green hydrogen facility being built in Saudi Arabia.

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Saudi Arabia Hydrogen Green Denmark 170

Green Car Congress

MAY 10, 2019

Global LDV Fuel Efficiency Improvement. Today, Klein says, Brazil, Canada, China, the EU, India, Japan, Mexico, Saudi Arabia, South Korea, and the US have established fuel economy or GHG emission standards for light-duty vehicles (LDVs).

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Fuel Economy Saudi Arabia Economy Light 247

Green Car Congress

AUGUST 7, 2020

The record cuts set in motion in May and June by Saudi Arabia and its OPEC+ partners played a pivotal role in accelerating the improbable rebalancing of global oil markets. Meanwhile, the global demand recovery is showing clear signs of plateauing and Chinese crude buying has begun to soften.

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Saudi Arabia Oil Prices Oil Price 186

Green Car Congress

JULY 14, 2023

As the polymer matrix for both products, PP offers good electrical insulating properties, low density, global availability and good processability.

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Saudi Arabia Batteries Battery Polymer 195

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.

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Saudi Arabia Oil United Arab Emirates Auto 52

Green Car Congress

DECEMBER 23, 2013

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.

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Costa Rica El Salvador Industrial Industry 310

Green Car Congress

MARCH 18, 2023

Saudi Arabia-based Aramco, one of the world’s leading integrated energy and chemicals companies, and Linde Engineering, a global leader in the production and processing of gases, signed an agreement jointly to develop a new ammonia cracking technology.

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Saudi Arabia Engine Hydrogen Carbon 150

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

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Saudi Arabia Price Oil India 150

Green Car Congress

JANUARY 17, 2022

Our partnership perfectly combines our engineering excellence with Shell’s competence of a large global energy player. By 2025, countries representing more than 80% of the global GDP are expected to enter the hydrogen economy with a dedicated hydrogen strategy. The factory will be open to selected visitors once fully operational.

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Hydrogen Installation Saudi Arabia Green 218

Green Car Congress

JANUARY 18, 2013

In its latest Oil Market Report , the International Energy Agency (IEA) raises its forecast for global consumption of oil to 90.8 Global crude oil supplies fell by 170 kb/d in December, to 91.2 mb/d on lower output from Saudi Arabia and Iraq. Global refinery runs rose 1.5 mb/d, the highest growth rate since 2010.

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2013 Saudi Arabia Oil Global 225

Green Car Congress

JUNE 22, 2022

SABIC, a global leader in the chemical industry, has introduced NORYL NHP8000VT3 resin, a product well-suited for insulation film used in electric vehicle (EV) battery modules to help improve protection against short circuits and fire propagation. SABIC’s NORYL NHP8000VT3 resin is globally available.

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Saudi Arabia Batteries Battery Extended Range 243

Green Car Congress

MARCH 7, 2021

Topsoe is currently a global leader in hydrogen technology, catalysts, and services that enable efficient production of hydrogen. An example is the Helios project in NEOM, Saudi Arabia, announced in July 2020, which includes the world’s largest ammonia loop delivered by Topsoe.

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Hydrogen Green Manufacturer Saudi Arabia 476

Green Car Congress

OCTOBER 15, 2021

The blue hydrogen energy complex will produce more than 750 million standard cubic feet per day of blue hydrogen for Air Products’ pipeline customers in the US Gulf Coast and blue ammonia for global hydrogen markets, including transportation/mobility.

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Louisiana Hydrogen Clean Cleaning 391

Green Car Congress

AUGUST 7, 2015

But the delay of 46 major oil and gas projects that have 20 billion barrels of oil equivalent in reserves mean that global production several years from now could be much lower than anticipated. One other factor that could tighten oil markets over the long-term is the fact that Saudi Arabia has churned through much of its spare capacity.

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Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

AUGUST 15, 2011

between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% OPEC and non-OPEC countries (excluding the former Soviet Union) each accounted for almost 42% of global oil production in 2010, with the former Soviet Union responsible for 16.8%, up from 10.7% After falling 1.5%

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Oil Global Oil-Sands Saudi Arabia 287

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.

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Saudi Arabia Oil Europe Russia 150

Green Car Congress

DECEMBER 9, 2020

Concurrently, the Saudi Arabia-based company is announced its commitment to the Business Ambition for 1.5 In this way, the initiative is a key element of the private sector climate action strategy being pursued by UN High-Level Champions for Global Climate Action Nigel Topping and Gonzalo Muñoz through their “Race to Zero” campaign.

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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. Saudi Policy: OPEC-centric or Self-Serving?

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Saudi Arabia Russia Oil 2015 150

Green Car Congress

MARCH 19, 2021

Driven by our vision to be recognized as the global leader in carbon reduction emission technologies by 2024, we are excited by our low-carbon solutions and attractiveness for our customers. An example is the Helios project in NEOM, Saudi Arabia, announced in July 2020, which includes the world’s largest ammonia loop (1.2

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Green Saudi Arabia Hydrogen Mariner 186