Green Car Reports

MARCH 1, 2022

Lucid Group announced Monday, just before a business update, that it has signed a deal for a factory in Saudi Arabia.

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Saudi Arabia SUV International Production 170

CN EV Post

DECEMBER 12, 2022

Enovate will form a joint venture with Saudi Arabia's Sumou Holding to build a production and R&D base in Saudi Arabia with an annual capacity of about 100,000 NEVs. The post Chinese EV startup Enovate to build production base in Saudi Arabia with annual capacity of 100,000 units appeared first on CnEVPost.

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Saudi Arabia Chinese Building Production 72

Electrek

NOVEMBER 3, 2022

Saudi Arabia, a country known for its oil production, announced today that it is launching its own electric car brand called Ceer in partnership with Foxconn and BMW. The post Saudi Arabia is launching its own EV brand with its oil money appeared first on Electrek.

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Saudi Arabia Oil BMW Electric Cars 81

Teslarati

MAY 18, 2022

Lucid Group announced today that it has signed a contract with several Saudi Arabian government agencies that locks in plans for a production facility with an annual capacity of 155,000 units. billion in aggregate over the next 15 years to build the facility in Saudi Arabia, it said. Lucid Group will receive up to $3.4

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Saudi Arabia Manufacturer Financing Climate Change 98

Teslarati

MARCH 1, 2022

Lucid announced that its first international plant will be located in Saudi Arabia. The Arizona-based EV manufacturer estimates that its plant in Saudi Arabia could increase Lucid’s value by up to $3.4 The EV maker aims to increase AMP’1’s annual production capacity to 365,000 vehicles. Credit: Lucid Motors).

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Saudi Arabia International Motor Motors 71

Green Car Congress

DECEMBER 5, 2021

The Saudi Arabian Oil Company (Aramco) signed five agreements with leading French companies, including an agreement to explore a hydrogen-powered vehicle business with Gaussin , a pioneer in clean and intelligent transport solutions.

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Saudi Arabia Hydrogen Power Powered 459

Green Car Congress

MAY 13, 2015

Saudi Arabia continues to ratchet up production, taking market share away from US shale producers. According to OPEC's latest monthly oil report , Saudi Arabia boosted its oil output to 10.31 That was enough for the de facto OPEC leader to claim its highest oil production level in more than three decades.

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Saudi Arabia Oil Prices Oil Price 150

Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

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Saudi Arabia Oil Production Climate 150

Green Car Congress

AUGUST 15, 2018

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. Saudi Arabia, OPEC’s largest producer, has been boosting oil production to offset supply disruptions elsewhere, including the anticipated loss of Iranian oil supply after U.S.

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Saudi Arabia Iran Oil Prices Oil 150

Green Car Congress

APRIL 24, 2015

The US shale oil industry faces an implacable foe in the current crisis: Saudi Arabia. Saudi Arabia is uniquely positioned to withstand low oil prices given that inside sources say the country has nearly $800 billion in reserves to weather the storm. Source: [link].

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Saudi Arabia Oil Prices Oil Price 150

Green Car Congress

JULY 20, 2022

ACWA Power, alongside Saudi Arabia’s NEOM and Air Products, is developing the first at-scale green hydrogen project in Saudi Arabia. As of 2021, POSCO, the steel-making company of POSCO Group, has the capacity to produce 42.9 When complete in 2026, the project will produce 1.2

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Green Car Congress

SEPTEMBER 15, 2019

Drones attacked two key Saudi Aramco sites in Saudi Arabia—the Abqaiq processing plant and the Khurais oil field—on Saturday; Houthi rebels claimed credit for the strikes. Saudi Aramco emergency crews contained the fires at the plants; the company announced the production suspension of 5.7

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Saudi Arabia Oil Production Light 220

Green Car Congress

JUNE 27, 2023

With abundant renewable energy sources (RES) and natural gas reserves, the Gulf region is set to become a leading global producer of green and blue hydrogen, ammonia and other synthesis products. The analysis shows that a suitable pipeline configuration could transport 100 TWh or approximately 2.5 million tonnes of hydrogen annually.

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Europe Hydrogen Saudi Arabia Qatar 370

InsideEVs

SEPTEMBER 28, 2023

The first phase consists exclusively of re-assembling Lucid Air vehicle kits pre-manufactured at the company's Arizona plant.

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Saudi Arabia Arizona Kits Production 75

Teslarati

APRIL 9, 2024

Luxury electric vehicle (EV) maker Lucid Motors has announced its first-quarter production and delivery numbers, earning its best quarter for deliveries yet. While the production figure is down from 2,314 in the first quarter of 2023, deliveries are up from just 1,406 during the same period. What are your thoughts?

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Saudi Arabia Production Arizona SUV 110

Green Car Congress

JULY 30, 2022

This figure shows the principles behind the new ceramic membrane used in the production of hydrogen. The end product is compressed hydrogen with a high degree of purity. It also has CO 2 as a by-product. When the protons and electrons are reunited on the other side of the membrane, the product is pure, compressed hydrogen.

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Hydrogen Carbon Production Saudi Arabia 418

Green Car Congress

OCTOBER 15, 2021

Louisiana Governor John Bel Edwards and Air Products Chairman, President, and CEO Seifi Ghasemi announced a $4.5-billion Air Products is a world-leading industrial gas company that produces and transports hydrogen and other essential industrial gases to many customer facilities in Louisiana, across the US Gulf Coast and around the world.

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Louisiana Hydrogen Clean Cleaning 391

Electric Cars Report

AUGUST 8, 2023

Additionally, Lucid initiated material shipments of vehicles to the Kingdom of Saudi Arabia. Lucid ended the second quarter […] The post Lucid On Track for Annual Production Guidance of More Than 10,000 EVs appeared first on Electric Cars Report. Lucid reported Q2 revenue of $150.9

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Saudi Arabia Production Electric Cars Manufacturer 98

Green Car Congress

DECEMBER 5, 2021

In late November, the Saudi Arabian Oil Company (Aramco) announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas field in the Kingdom of Saudi Arabia. It will make Saudi Arabia one of the world’s largest natural gas producers.

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Saudi Arabia Gas Gas-Electric Oil 186

Green Car Congress

DECEMBER 5, 2018

To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year’s December OPEC meeting. It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 Saudi Arabia is not an exception. by Irina Slav for Oilprice.com.

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Saudi Arabia Oil Prices Russia Oil 255

Green Car Congress

APRIL 1, 2020

IHS Markit Crude Oil Markets service expects up to 10 MMb/d of world oil production will be cut or shut-in from April to June 2020 as oil storage fills up and output from financially strapped companies begins to fall. The oil surplus—the amount of production in excess of demand—will soon fill storage tanks around the world.

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Saudi Arabia Oil Production Russia 186

Green Car Congress

JANUARY 18, 2022

EV Metals Group plc (EVM) launched the Australian Lithium Alliance, a strategic initiative to partner with Australian companies to accelerate exploration, development, mining, processing and production of lithium minerals.

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Saudi Arabia Australia Lithium Ion Energy Storage 273

Green Car Congress

OCTOBER 19, 2021

Haldor Topsoe will deliver its blue ammonia technology for Air Products’ recently announced $4.5-billion Air Products will build, own and operate the megaproject, which will produce more than 750 million standard cubic feet per day (MMSCFD) of blue hydrogen in Ascension Parish, Louisiana. billion clean energy complex in Louisiana.

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Louisiana Saudi Arabia Hydrogen Production 170

Green Car Congress

JULY 10, 2020

Air Products, ACWA Power and NEOM signed an agreement for a $5-billion world-scale green-hydrogen-based ammonia production facility powered by renewable energy. —Seifi Ghasemi, Chairman, President and Chief Executive Officer for Air Products. million tons per year of green ammonia using Haldor Topsoe technology.

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Saudi Arabia Production Green Global 186

Green Car Congress

JULY 30, 2019

OPEC registered zero growth as production in the Arab Gulf countries were offset by losses in Iran and Venezuela due to geopolitical issues. 2018 recorded an overall growth in oil production of 2.5 The tight oil production phenomenon continued to increase the share of sweet light crudes, which rose above 20% worldwide.

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Saudi Arabia Oil 2018 Global 170

Green Car Congress

JUNE 10, 2021

Industrial gases leader Air Products, and its subsidiary Air Products Canada Ltd., Aligned with that vision, Air Products began work in 2018 on the core of this world-scale energy complex in Edmonton, which will begin with a transformative $1.3 The project relies on an innovative combination of well-established technologies.

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Hydrogen Production Energy Canada 450

Green Car Congress

APRIL 30, 2021

Topsoe and the leading Russian chemical company Shchekinoazot have signed a Memorandum of Understanding (MoU) to synchronize vison and plans on developing blue and green methanol, ammonia, and hydrogen production and reducing CO 2 emissions. million tons per year) delivered by Topsoe.

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Saudi Arabia Hydrogen Green CO2 221

Green Car Congress

DECEMBER 12, 2022

The companies have signed a Memorandum of Understanding (MoU) which includes a potential crude oil supply agreement and chemicals products offtake agreement, supporting Aramco’s role in building a thriving downstream sector in Shandong Province, an eastern province on the Yellow Sea.

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Green Car Congress

JANUARY 28, 2019

Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. Saudi Aramco and Air Products will establish a pilot fleet of fuel cell vehicles for which high-purity compressed hydrogen will be dispensed at the new fueling station.

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Saudi Arabia Hydrogen Fuel Building 283

Teslarati

DECEMBER 15, 2023

It appears that Lucid is adopting a pretty deliberate strategy in its efforts to ramp its operations in Saudi Arabia. As per comments from Lucid global vice-president Faisal Sultan, the automaker is now assembling Lucid Air sedans in its Saudi Arabia factory. “It (the Saudi factory) is a small operation for us.

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Saudi Arabia Kits Arizona IDEA 112

Green Car Congress

OCTOBER 23, 2020

of GDP in China to nearly 6% of GDP in Saudi Arabia, where, despite two cycles of price hikes, 60% of the cost of energy products and services continued to be borne by the state. Costs ranged from a low of 0.3% Subsidies remained sticky outside the G20 as well. Source: Baker Institute. 5 consumer of oil,” Krane said.

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Saudi Arabia Global Fuel Oil 397

Green Car Congress

AUGUST 3, 2022

The new refinery projects would increase production of refined products, such as gasoline and diesel, and in turn, they might reduce the current high prices for these products. The 400,000 b/d Jizan refinery in Saudi Arabia reportedly came online in late 2021 and began exporting petroleum products earlier this year.

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Asia Saudi Arabia Kuwait Oman 418

Green Car Congress

APRIL 30, 2021

NEOM is a $500-billion giga-project in northwest Saudi Arabia on the Red Sea. Various global corporations have already committed to invest more than $5 billion to produce green hydrogen in NEOM in the world’s largest hydrogen production plant.

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Teslarati

JULY 12, 2023

Lucid Group ( NASDAQ: LCID ) reported its deliveries and production for Q2 2023 this morning, and its stock tanked as a result of the numbers, which showed fewer cars were built and deliveries remained flat. Meanwhile, production fell by 6 percent in the quarter, as Lucid built only 2,173 cars in Q2. In Q1, it built 2,314.

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Saudi Arabia Production All-Electric Tesla 98

Green Car Congress

APRIL 13, 2020

The agreement also calls for OPEC-Plus members to keep oil production reduced from the current level by 6 million barrels per day through April 2022. I would like to thank and congratulate President Putin of Russia and King Salman of Saudi Arabia. million barrels per day for May and June. Great deal for all! — Donald J.

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Saudi Arabia Oil Production Russia 186

CleanTechnica EVs

SEPTEMBER 1, 2023

Over the past five weeks, oil production cuts by Saudi Arabia, low U.S. On the Monday before the Labor Day weekend, August 28, 2023, the retail price of regular gasoline averaged $3.81 per gallon (gal) across the United States.

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Saudi Arabia Price Gas Gasoline 93

Green Car Congress

JUNE 2, 2021

Topsoe offers an end-to-end portfolio within green hydrogen production by electrolysis and the associated downstream production of ammonia, methanol, and e-fuels. In March, Topsoe announced that it will build a large-scale SOEC electrolyzer manufacturing facility to meet customer needs for green hydrogen production.

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