Green Car Congress

JANUARY 1, 2010

Venezuela state-owned PDVSA and Italy-based Eni are finalizing a planned 60:40 joint venture to produce heavy crude oil in Junin Block 5 in the Orinoco Oil Belt in Venezuela in 2014. Venezuela contains billions of barrels in extra-heavy crude oil and bitumen deposits, most in the Orinoco Belt in central Venezuela.

Venezuela 186

Venezuela Oil Oil-Sands 2009 186

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 Renewed disruptions in Libya and smaller drops in Nigeria, Kuwait, the United Arab Emirates and Venezuela more than offset higher output in Iran, Iraq and Angola.

United Arab Emirates 220

United Arab Emirates 2014 Oil Supplies 220

Green Car Congress

JUNE 22, 2010

GM South America includes GM’s existing sales and manufacturing operations in Brazil, Argentina, Colombia, Ecuador and Venezuela as well as sales activities in those countries and Bolivia, Chile, Paraguay, Peru and Uruguay. In the first five months of the year, GM sold 394,000 vehicles in South America and its market share was 20.2%.

South America 186

South America America GM Paraguay 186

Green Car Congress

MAY 23, 2016

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. He said that it was unlikely that Prince Salman will back down now.

Saudi Arabia 150

Saudi Arabia Iran Store Oil 150

Green Car Congress

JULY 11, 2016

OPEC’s 300,000-barrel-per-day output rise in June, boosted by fragile recoveries in Libya and Nigeria, and the unrelenting rise in Iran and the increase in Saudi Arabia, sends a strong message over its unwavering market share strategy. The sharp increase in OPEC’s June production affirms a continuation of its market share strategy.

Saudi Arabia 150

Saudi Arabia 2008 Iran Niger 150

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.,

Russia 150

Russia Saudi Arabia Iran Iraq 150

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.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

AUGUST 26, 2011

The US portion of the pipeline would begin near Morgan, Montana at the international border of the United States and extend to delivery points in Nederland and Moore Junction, Texas. Market conditions, noted the EIS, not the operator of the pipeline, would determine the refining locations of the crude oil. refining capacity.

Oil-Sands 253

Oil-Sands Emissions Oil Oklahoma 253

Green Car Congress

JUNE 23, 2011

The showcase for Chevron’s efforts—and its international center for heavy oil technology—is the 110-year-old Kern River field in the San Joaquin Valley in California. incremental oil recovered; heavy oil carries a lower market price than lighter oils. DOE fact sheet: US Heavy Oil Resource Potential.

Chevron 244

Chevron Oil Oil-Sands Production 244

Green Cars News

JULY 13, 2009

A new study has unveiled the health, wealth and environmental benefits of the mass-market adoption of electric cars, suggesting that electric cars could account for a staggering 64 per cent of all car sales in the US by 2030. million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela.

Electric Cars 42

Electric Cars Sale Cars Gasoline-Electric 42

Green Car Congress

MARCH 30, 2016

According to Clipper Data market intelligence cited by the Financial Times , we’ve seen a 5 percent decline in U.S. crude oil is Venezuela. In early February, Venezuela’s state-run oil company PDVSA imported a 550,000-barrel cargo of West Texas Intermediate (WTI) through its U.S.-based Atlantic Trading & Marketing, the U.S.

Oil 150

Oil Venezuela France Asia 150

Green Car Congress

JUNE 23, 2016

The collapse of the American rig count and subsequent decline in LTO output has indeed contributed mightily to rebalancing world oil markets. The latest bearish outlook from Goldman is remarkable considering the June 13 monthly world crude oil markets report from the International Energy Agency (IEA).

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

NOVEMBER 13, 2011

The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. Click to enlarge. The passenger vehicle fleet doubles to almost 1.7 billion in 2035.

Oil 247

Oil Transportation Cheap Fleet 247

Green Car Congress

MAY 27, 2022

Glencore International pled guilty in the Southern District of New York to violations of the Foreign Corrupt Practices Act (FCPA). Glencore also admitted to bribery of officials in Brazil and Venezuela. In Venezuela, Glencore admitted to conspiring to secure improper business advantages by paying over $1.2

Los Angeles 199

Los Angeles Equatorial Guinea Price Nigeria 199

Drive Electric

AUGUST 9, 2022

To answer these questions, we collaborated with Envirostrat to investigate some of the most common questions and concerns about the environmental impact that increased EV uptake will have on NZ, and in particular, how they really compare to ICEVs (internal combustion engine vehicles). Here’s what we discovered. WHAT EV MYTHS HAVE WE COVERED?

Environment 98

Environment Electric Vehicles New Zealand Vehicles 98

Drive Electric

AUGUST 9, 2022

To answer these questions, we collaborated with Envirostrat to investigate some of the most common questions and concerns about the environmental impact that increased EV uptake will have on NZ, and in particular, how they really compare to ICEVs (internal combustion engine vehicles). Here’s what we discovered. WHAT EV MYTHS HAVE WE COVERED?

Environment 52

Environment Electric Vehicles New Zealand Vehicles 52