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Saudi Arabia And Iran Reignite The Oil Price War

Green Car Congress

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. efforts to curb Iranian production. a barrel above the Dubai/Oman average.

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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

Green Car Congress

First production is expected at the end of 2016. In delivering this important project into production we will be securing vital long-term energy supply to Japan.Ichthys production volumes represent more than 10% of Japan’s LNG imports at current. In addition to its LNG production, the Ichthys project is expected to generate 1.6

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VinFast VF e34 E-SUV sales launch starts in Indonesia

Teslarati

The VF e34 E-SUV’s price starts at IDR 315,000,000 ($19,843), excluding the company’s battery subscription policy. It hopes that the battery subscription will reduce the C-Segment SUV’s upfront purchase cost. The EV factory is expected to reach an annual production capacity of 150,000 electric vehicles.

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