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SEAT to introduce 500 km MEB-based EV, Leon PHEV in 2020

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The EV launch comes as part of a product offensive, in which SEAT will launch one new car every six months until 2020. In addition, the brand will remain committed to vehicles powered with compressed natural gas (CNG) as well as internal combustion engines. —Luca de Meo. From 2013 to 2017, SEAT invested more than €3.3

2020 239
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Sonangol, Maersk Oil and partners strike oil with their first deepwater pre-salt well offshore Angola

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The result may be a further step towards our goal of building up a significant business in Angola. There is substantial evaluation work ahead of us to determine whether the discovery is enough to invest further to get production going. This will be done by, amongst other things, state of the art reprocessing of seismic data.

Angola 199
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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. by Dalan McEndree for Oilprice.com.

Russia 150
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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Nigeria or Algeria cannot do the same for their oil industry. G20 countries build a generous Green Climate Fund, well above the $100-billion-a-year goal in the Paris climate agreement. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas.

Carbon 207
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Europe moves forward on the Energy Union; transport key element

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Six Member States depend on a single supplier for their entire gas imports and therefore remain too vulnerable to supply shocks. It has also been estimated that every additional 1% increase in energy savings cuts gas imports by 2.6%. 94% percent of transport relies on oil products, of which 90% is imported.