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Iran, Iraq, Syria sign $10B gas pipeline deal

Green Car Congress

Iran, Iraq, and Syria have signed a deal for the construction of the Middle East’s largest gas pipeline, which would carry gas from Iran’s South Pars gas field to Europe via Iraq, Syria, and Lebanon and beneath the Mediterranean Sea. Iraq has said that it needs 10 to 15 million cubic meters of Iranian gas per day.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. The Saudis obviously miscalculated the degree to which their shift would negatively impact oil prices.

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

Drive Electric

The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. Battery metals vs. oil as a source of tension and instability. The total global reserves are estimated at 14 million tons – which corresponds to 165 times the production volume in 2018. THE BOTTOM LINE.

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

Drive Electric

The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. Battery metals vs. oil as a source of tension and instability. The total global reserves are estimated at 14 million tons – which corresponds to 165 times the production volume in 2018. THE BOTTOM LINE.