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Bad News: Record Oil Imports into China in 2023

CleanTechnica EVs

China is well known as the world’s leading electric vehicle (EV) market. More than half of the world’s EV sales have occurred there in recent years. In 2023, 25% of auto sales in China were sales of full electric vehicles. It is a standard of the rapid, uplifting EV revolution.

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Consortium developing green hydrogen megaproject in Oman

Green Car Congress

An international consortium comprising OQ, which is the Sultanate of Oman’s global integrated energy company, InterContinental Energy, the leading dedicated green fuels developer, and EnerTech, a Kuwait government-backed clean energy investor and developer, is developing an integrated green fuels mega project in Oman. trillion market by.

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Borgward expanding to the Middle East; westwards from China

Green Car Congress

Borgward will systematically continue to globalize its activities by entering the markets of Middle Eastern countries such as Bahrain, Kuwait, Qatar, the United Arab Emirates (UAE), and Iran. In accordance with this roadmap, the company will expand westwards from China before entering the European market.

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Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

They said the deal would provide the startup with a significant cash runway while discussing an external round or strategic sale. However, it denied consideration of direct sales. The source claims the company wants to expand its export market. The company ships to South Africa, Nepal, Kuwait, South America, and Sri Lanka.

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Landsat Proved the Power of Remote Sensing

Cars That Think

agricultural policy that removed restrictions on grain sales to the Soviet Union and China. government did not yet know about the Soviet’s crop failure and the ripple effects it would have on the global market, and farmers were happy to sell. Within a few months of the sales, however, global food prices soared by 50 percent, and U.S.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

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.,

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Oil Prices Running Out Of Reasons To Rally

Green Car Congress

At the start of 2017, there are two major dynamics at play occurring at the same time, each pushing in opposite directions on the market. The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. Iraq is committed to achieving producers’ joint goals to control the oil glut in world markets.”.