Green Car Congress
AUGUST 31, 2021
When service stations in Algeria stopped providing leaded gasoline in July, the use of leaded gasoline in cars ended globally. trillion for the global economy, and decrease crime rates. Tetraethyl lead was used as a gasoline additive to improve engine performance.
Green Car Congress
AUGUST 7, 2020
After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The pandemic has created disruption in the global energy sector, but low gas prices will ultimately stimulate demand growth as the economy recovers.
Green Car Congress
DECEMBER 23, 2016
In addition, the Volkswagen Group recently announced plans to start vehicle production in Algeria. The country has an outstanding position within the region of East Africa and has the most powerful economy in the East African Community (EAC) with a GDP of about US$63 billion. Kenya is an opportunity market in Africa.
Green Car Congress
APRIL 10, 2015
Cheap oil has created a huge financial crisis for Venezuela as its economy is heavily dependent on oil exports and oil revenues constitute about 95% of its total foreign exchange earnings. However, the country is reeling under a major economic recession since 2014 with an inflation rate of 68.5% (as on December 2014).
Green Car Congress
MAY 6, 2019
Nigeria or Algeria cannot do the same for their oil industry. 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. Saudi Arabia and Kuwait might, and should be encouraged to do so. —Goldthau et al. Geopolitical friction is low.
CleanTechnica EVs
JANUARY 10, 2023
As Sheikh Zaki Yamani, a former Saudi oil minister, once said, “The stone age came to an end not for a lack of stones, and the oil age will end, but not for a lack of oil.” But some oil will still be being pumped at the end, and it won't be heavy, sour, far from water crude.
Green Car Congress
FEBRUARY 26, 2015
Today, we set in motion a fundamental transition towards a low-carbon and climate-friendly economy, towards an Energy Union that puts citizens first, by offering them more affordable, secure, and sustainable energy. The European Council will discuss the Energy Union at its meeting in March 2015. Europe needs to make the right choices now.
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