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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

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. and Europe in and over Syria could lead to broadening and strengthening of economic and financial sanctions. In addition, mismanaged confrontation with the U.S.

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What Does The Next OPEC Meeting Have In Store?

Green Car Congress

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. There will always be a need for additional production.

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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

Green Car Congress

An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., Renewable energy is another solution.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

He argued that rapidly growing production outside OPEC made the existing status quo unviable, and that lower prices in the short term would increase prices in the longer term through reduced investment and ultimately benefit all OPEC members. Saudi Arabia increased production by 6.8 million barrels per day in June. percent in 2016.

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Syrian oil ministry announces oil shale tender

Green Car Congress

Syria’s Ministry of Petroleum and Mineral Resources has announced a tender for investing in oil shale in the Khanaser area, 103 km in southeastern Aleppo, over an area of 150 km 2 divided into 14 blocks with geological reserves of 2.3 Oil shale deposits in Syria. In 2005, Syria reactivated the effort. Source: Gerjes, 2010.

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Budget Drones in Ukraine Are Redefining Warfare

Cars That Think

This war is a war of drones, they are the super weapon here,” Anton Gerashchenko, an adviser to Ukraine’s minister of internal affairs, told Newsweek earlier this year. Behold the modern-day fighter plane: the hypertrophied product of the longest arms race since the days of the dreadnaught. “In The F-35 , today’s top-of-the-line U.S.

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

Drive Electric

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?