Lucid is considering an electric-car plant in Saudi Arabia

Green Car Reports

Lucid Motors is in talks to build an electric-car factory near Jeddah, Saudi Arabia, Bloomberg first reported Thursday. Oil-rich Saudi Arabia sounds like one of the last places on earth for an EV plant, but under

@LATimes I Understand Why You’re Too Scared To Call Out Criminal Royal Family Dictatorship Of Saudi Arabia, But I’m Not – #JoeTakesOnTheNews

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@LATimes I Understand Why You’re Too Scared To Call Out Criminal Royal Family Dictatorship Of Saudi Arabia, But I’m Not – #JoeTakesOnTheNews

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Hyundai and Apple, Geely and Baidu, Lucid and Saudi Arabia: Today’s Car News

Green Car Reports

And Lucid might build cars in Saudi Arabia. Two tech giants possibly pairing up with major automakers could change the shape of electric vehicles and mobility later in the decade. This and more, here at Green Car Reports.

Saudi Arabia Plans Emission Cuts.That Don't Reduce Fossil-Fuel Use

Green Car Reports

Saudi Arabia may be one of the most oil-rich nations on the planet, but even this Middle Eastern country is planning to cut its carbon emissions. That's because as other countries work to reduce oil consumption, the Saudi government is worried about what effect efforts to combat climate change will have on its national economy. Green Middle East Saudi Arabia emissions energy policy oil transportation policy

Even Saudi Arabia vows to end its 'addiction to oil'

Green Car Reports

Oil-rich Saudi Arabia is now starting to contemplate a future in which gasoline and diesel now longer power the majority of the world's cars. It's part of a plan known as "Vision 2030" that Saudi Arabia. oil Middle East energy policy transportation policy Saudi ArabiaOver the next decade and a half, it hopes to transition its economy away from oil, largely by investing today's oil revenues in other industries.

@LATimes Let’s Tell The Brutal Truth About One The Most Evil Men On The Planet #JoeTakesOnTheNews

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Saudi Aramco and Air Products to build Saudi Arabia’s first hydrogen fuel cell vehicle fueling station; operational 2Q19

Green Car Congress

Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. The collaboration between the two companies will combine Air Products’ technological know-how and experience in the field of hydrogen with Saudi Aramco’s industrial experience, facilities and R&D capabilities. Al Khowaiter, Chief Technology Officer of Saudi Aramco.

Opinion: Saudi Arabia Continues To Turn Screws On US Shale

Green Car Congress

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 Saudi Arabia has increased production by 700,000 barrels per day since the fourth quarter of 2014 in an effort maintain market share. In other words, as Saudi Arabia ramps up, US shale is being forced to cut back. by James Stafford of Oilprice.com.

@LATimes Let’s Tell The Brutal Truth About One The Most Evil Men On The Planet #JoeTakesOnTheNews

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Saudi Arabia will have $2 trillion to figure out an economy after oil

Green Car Reports

Oil-rich Saudi Arabia could find itself in a vulnerable position if world economies shift away from fossil fuels for transportation over the coming decades. oil Middle East energy policy transportation policy Saudi ArabiaThe Middle Eastern kingdom is now preparing for that eventually, socking away money for a post-oil economy. The government is creating a Public Investment Fund that will eventually control $2.

Saudi Arabia inaugurates first solar power plant

Green Car Congress

Saudi Arabia inaugurated its first solar power plant on 1 October as it continues to diversify its energy sources. The plant was constructed by the Saudi Electricity Company (SEC) and Showa Shell Sekiyu K.K., a Japanese energy company partly owned by the Saudi Arabian Oil Company. The sun in Saudi Arabia emits about 7,000 watts of energy per square meter over an average of 12 hours every day.

Opinion: Oil Price War May Benefit both US Shale and Saudi Arabia

Green Car Congress

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. At this point, Saudi Arabia’s currency reserves are roughly equal to the combined market capitalization of the entire US shale oil industry. by Michael McDonald on Oilprice.com.

Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

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. Most notably, a rise in Saudi crude-oil output could trigger a damaging period of global oversupply, said Jim Krane, the Wallace S.

Dow to invest in water desalination and reuse technologies in Saudi Arabia

Green Car Congress

The Dow Chemical Company plans to invest in a best-in-class manufacturing facility for Dow FILMTEC reverse osmosis (RO) elements in the Kingdom of Saudi Arabia. The proposed facility would deliver local supply security of advanced technologies for water desalination and water re-use for potable, non-potable and industrial water serving Saudi Arabia, the surrounding Middle East and North Africa region and emerging markets worldwide.

Saudi Arabia Uses Your Gas Dollars To Fund.Solar Energy

Green Car Reports

Renewable energy, especially solar, is making inroads into the U.S. power grid, but it's a very slow process. And especially in the wake of the Solyndra collapse, it's one fraught with political wrangling. But there's another country that plans to invest heavily in solar power, hoping to provide fully 30 percent of its energy needs from the sun in

Elektromotive Lands EV Infrastructure Deal with KAUST in Saudi Arabia

Green Car Congress

King Abdullah University of Science and Technology ( KAUST ), a new graduate-level research university located in Thuwal, Saudi Arabia, has commissioned UK-based Elektromotive to install 150 Elektrobay charging stations across its campus by September 2009—one of the largest single EV infrastructure deals so far.

Elektromotive to make breakthrough in Saudi Arabia

Green Cars News

Saudi Arabia is probably the last place you’d expect to see a concerted shift towards emission free motoring - after all, the Kingdom is the world’s leading oil producer and exporter. Tags: Electric cars Elektromotive Green cars Latest news charging points electric car charging points Elektrobays Saudi Arabia

Saudi Arabia Plans To Raise Fuel Economy--But Not Gas Prices

Green Car Reports

Whether you call them fuel-economy standards or carbon-emission limits, new vehicles sold in North America, Europe, China, and elsewhere are subject to regulations that will require them to get more energy-efficient. Now, another country is discussing new regulations that would require both new and imported used vehicles to meet minimum gas

Oil is cheap, so Kuwait raised its own gas price to compensate

Green Car Reports

DON'T MISS: Even Saudi Arabia vows to end its. oil Middle East energy policy United Arab Emirates Saudi ArabiaCheap gasoline is good news for the economies of most countries, but not those that rely on oil exports. The sustained fall in global prices has led oil-producing countries to search for ways to keep their revenues up. In some cases, that means cutting back on cheap gas for their own citizens.

What does OPEC think about electric cars? Same as Exxon: no threat

Green Car Reports

oil plug-in cars Saudi Arabia ExxonJust over five years after the first modern electric cars went on sale in significant numbers, they have become firmly entrenched in the marketplace. Carmakers are planning more electric models to satisfy both consumer demand and increasingly-strict emissions standards. But do the interests behind oil production see electric cars as a threat to.

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Era Of Cheap, Subsidized Gasoline To End In United Arab Emirates

Green Car Reports

oil Middle East energy policy United Arab Emirates Saudi ArabiaGlobal oil prices have remained fairly low for most of this year, which should be good news for people in most of the industrialized world. But that's not the case in the oil-rich United Arab Emirates. The continued slump in prices has prodded the seven-state federation to make a somewhat radical change in policy. DON'T MISS: IMF: Fossil Fuels.

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2018 163

Scientists have cost-effectively harvested lithium from seawater

Electrek

Researchers at King Abdullah University of Science and Technology (KAUST) in Saudi Arabia have figured out how to extract lithium, an essential part of electric vehicle batteries, from seawater in a more cost-effective way.

Hyzon Motors, NEOM and Modern Group to collaborate on development of assembly facility for hydrogen-powered vehicles; up to 10,000 pa

Green Car Congress

Hyzon Motors, a supplier of hydrogen-fuel-cell-powered commercial vehicles, jointly with Modern Industrial Investment Holding Group (“Modern Group”), a Saudi industrial conglomerate, announced the signing of a memorandum of understanding (MoU) with NEOM Company on a hydrogen vehicle value chain, including a demonstration fleet and assembly facility with annual capacity of up to 10,000 vehicles. NEOM is a $500-billion giga-project in northwest Saudi Arabia on the Red Sea.

Haldor Topsoe establishes focused green hydrogen organization to accelerate electrolysis business

Green Car Congress

NEOM Helios project, Saudi Arabia; Topsoe delivers ammonia technology for the world’s biggest green hydrogen facility being built in Saudi Arabia. According to an International Energy Agency (IEA) forecast, green hydrogen has the potential to fulfil 17% of the global energy demand by 2050. Haldor Topsoe is determined to take a leading position in the green hydrogen space, and has established a focused green hydrogen organization to accelerate its business.

Shchekinoazot and Haldor Topsoe to cooperate on blue and green methanol, ammonia, and hydrogen and CO2 reduction

Green Car Congress

An example is the Helios project in NEOM, Saudi Arabia, announced in July 2020, which includes the world’s largest ammonia loop (1.2

The Saudi Dilemma: To Cut Or Not To Cut

Green Car Congress

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. Saudi Arabia is not an exception. A recent report from Capital Economics said Saudi Arabia has its problems but it could withstand lower oil prices without feeling too much of a pinch. It’s a classic rock and a hard place situation for the Saudis. by Irina Slav for Oilprice.com.

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Los Angeles wants to pave its streets with recycled plastic

Green Car Reports

Los Angeles is in talks with Silicon Valley- and Saudi Arabia-based Technisoil⁠, which specializes in alternative landscaping products, to put. Many, many peoples' trash may become Los Angeles' treasure, as the city is currently mulling a proposal to use waste plastic in the creation of bitumen—the glue that holds asphalt together.

Are The Saudis About To Reveal The Best Kept Secret In Oil?

Green Car Congress

Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for decades. The decision to bring such important data to light comes as Saudi Aramco is preparing to partially privatize its assets, an IPO that could bring in some $100 billion. Saudi Arabia often trades off with Russia—and more recently, with the US—as the world’s largest oil producer. But nobody knows except the Saudis.

2016 214

Extreme E kicks off this weekend with first electric off-road race in the desert

Electrek

Extreme E , the new electric off-road racing series, begins this weekend with its inaugural race, the Desert X Prix, in the deserts of Al-‘Ula, Saudi Arabia. local Saudi time) and will be streamed to some but not all territories.

Fuel efficient car prices reach their peak

Green Cars News

Green cars Latest news crude oil prices fuel efficient car prices fuel efficient cars Kelley Blue Book Kelley Blue Book prices Saudi ArabiaWith petrol prices starting to fall, so at last are the prices for fuel efficient vehicles. According to Kelley Blue Book’s kbb.com, prices increased close to 25 per cent through 20 weeks of consecutive gains. However, values for fuel efficient used vehicles have now peaked as for the first time since January, values for compact, [.].

Price 47

Will climate talks bring real progress? Twitter poll results

Green Car Reports

Australia, Russia, Saudi Arabia and others meeting on the sidelines to promote burning coal, the leaders reached some agreements on how the Paris Climate Accords will be implemented when it goes into effect in 2020: Each. Last month, world leaders met in Poland to agree on the next steps in measuring and limiting climate change. Despite the U.S.,

2018 94

Baker Institute team says fossil fuel subsidies need global reform

Green Car Congress

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.

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Opinion: The Saudi Oil Price War Is Backfiring

Green Car Congress

Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. The Saudis have kept their production levels high since last year in order to drive other players (especially US shale drillers) out of business. Is Saudi Arabia losing the oil price war? “It

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Haldor Topsoe and Nel ASA to offer end-to-end green ammonia and eMethanol solutions

Green Car Congress

An example is the Helios project in NEOM, Saudi Arabia, announced in July 2020, which includes the world’s largest ammonia loop (1.2 Haldor Topsoe and Nel ASA have entered a memorandum of understanding (MOU) with the intent to offer customers complete solution for green ammonia and methanol produced with renewable electricity. The solutions will be based on Nel’s alkaline and PEM electrolysis technologies in combination with proven ammonia and methanol technologies from Topsoe.

Haldor Topsoe to build large-scale SOEC electrolyzer manufacturing facility to meet customer needs for green hydrogen

Green Car Congress

An example is the Helios project in NEOM, Saudi Arabia, announced in July 2020, which includes the world’s largest ammonia loop delivered by Topsoe.

Jordan Wants To Boost Electric-Car Adoption; Solar Charging To Come

Green Car Reports

Located between Israel and Saudi Arabia, Jordan isn''t generally thought of in connection with electric cars, but its government hopes to change that with a combination of incentives and infrastructure buildup. Jordan may soon join the list of countries that heavily promote electric cars.

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IHS Markit says outlook for crude oil prices strengthens through 2021

Green Car Congress

The record cuts set in motion in May and June by Saudi Arabia and its OPEC+ partners played a pivotal role in accelerating the improbable rebalancing of global oil markets. The recent display of restored harmony among OPEC+ heavyweights Saudi Arabia and Russia illustrates that the strategic debate within the group over price levels and market share has time to run.

2020 170

Trump administration to work with Saudis on carbon capture for fossil fuels

Green Car Reports

Energy Secretary Rick Perry signed an agreement with Saudi Arabian officials to research "carbon capture" technology for fossil fuels, the Department of Energy announced. Perry and Khalid Al Falih, the Saudi Minister of Energy, Industry, and Mineral Resources, signed a memorandum of understanding to "establish a framework for. emissions global warming climate change carbon dioxide Saudi Arabia fossil fuelsLast month, U.S.

2018 97

Drones strike Saudi Aramco Abqaiq and Khurais sites; temporary production suspension of 5.7M barrels per day

Green Car Congress

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 Nasser, Saudi Aramco President & CEO. The Abqaiq processing plant is a vital part of Saudi oil infrastructure.

2019 194

Saudi Aramco signs 12 agreements with South Korean partners worth billions of dollars

Green Car Congress

Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil supply to Asian markets. Only a few decades ago, Korean companies played a vital role in Saudi Aramco’s upstream offshore growth development. Since then, they have moved into other sectors matching Saudi Aramco’s diversification strategy.

2019 195

Saudis Expand Price War Downstream

Green Car Congress

In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy. With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? How will Saudi Arabia Capture Market Share Downstream? Still, Saudi Arabia can likely wait out the competition.

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