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Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008

Green Car Congress

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. Venezuela acted as a check on the overall level though, as the crisis-hit country’s production continues to hit fresh lows.

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Electric cars to account for 64 per cent of car sales by 2030

Green Cars News

This level of adoption is made possible by the lower purchase price and reduced per-mile driving cost of electric cars with switchable batteries as compared to gasoline-powered cars. million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela. light-vehicle fleet by 2030.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

Venezuela, an OPEC member, has even proposed an emergency summit meeting. While the sharp decline in crude prices has saved crude consuming nations hundreds of billions of dollars, the loss in revenues has caused crude exporting countries intense economic and financial pain. China: The Sword of Damocles.

Russia 150
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

The 450 Scenario works back from the international goal of limiting the long-term increase in the global mean temperature to two degrees Celsius (2 °C) above pre-industrial levels, in order to trace a plausible pathway to that goal. The share of biofuels in total transport fuel demand rises from less than 3% today to just above 6% by 2035.

Oil 247
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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

In 2021, Global EV purchases jumped to 6.6 As a result, the struggle for oil resources remains a noticeable factor in many areas of political instability, tension and conflict in the world, notably Iraq, Syria, Nigeria, South Sudan, Libya, Venezuela and the South China Sea.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

In 2021, Global EV purchases jumped to 6.6 As a result, the struggle for oil resources remains a noticeable factor in many areas of political instability, tension and conflict in the world, notably Iraq, Syria, Nigeria, South Sudan, Libya, Venezuela and the South China Sea.