article thumbnail

ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

Green Car Congress

million loan to help Kazakhstan modernize its transport system. Improved transport connectivity will help increase trade links between Kazakhstan and the markets in East Asia, the Caspian Sea region, and further to Europe. The Asian Development Bank (ADB) has approved a $240.3-million

article thumbnail

GE, Rosneft to pursue opportunities in Russia’s oil and gas industry, including Arctic offshore

Green Car Congress

explore opportunities to jointly develop, manufacture and sell equipment for use in Russia’s oil and gas industry. Rosneft is the leader of Russia’s petroleum industry, and ranks among the world’s top publicly traded oil and gas companies.

Oil 231
article thumbnail

GECF: more than a quarter of 2050 natural gas supply untapped

Green Car Congress

To this end, the GECF Secretary General reiterated the GECF’s readiness to support the Turkmen industry as it undergoes transformation on the back of the future energy trends, digitalization, and climate action. It is headquartered in Doha, Qatar.

article thumbnail

EIA ups total shale oil resource estimate by 13% to 419B barrels, shale gas by 4% to 7576 Tcf

Green Car Congress

The addition of four countries—Chad, Kazakhstan, Oman, and the United Arab Emirates (UAE)—to a previous assessment covering 42 countries has resulted in a 13% increase in the global assessed total resource estimate for shale oil and a 4% increase for shale gas. Kazakhstan’s oil production increased by 24% to 1.7

article thumbnail

Toyota Europe Q1 hybrid sales up 82.3% for 20% of total sales; Auris Hybrid the leader

Green Car Congress

The European automotive industry is still experiencing an increasingly shrinking market. Despite the challenging sales environment, our results are in-line with the market evolution. —Daniele Schillaci, TME Senior Vice-President for Sales and Marketing. fall in the market overall. Toyota in France posted a 3.2%

Toyota 311
article thumbnail

Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

Mercedes-Benz CEO Ola Kallenius has told the German media that the brand has no intention of cutting ties with China, saying such a move would be unwise for the whole of Germany industry.& Both markets remain extremely important, though China seems to be the one poised for the most growth in the years to come.& influence.&

article thumbnail

Eni reports first oil from giant Kashagan field in North Caspian Sea

Green Car Congress

The oilfield is located in the North Caspian Sea, approximately 80 kilometers (50 miles) southeast of Atyrau, in Kazakhstan. Considering the size, the specifications, the environmental and logistical characteristics, Kashagan is also one of the most complex and challenging industrial projects worldwide, Eni said. Map of the field.

Oil 218