Remove Cheap Remove Global Remove Qatar
article thumbnail

The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

Green Car Congress

The skepticism shown by a majority of financial analysts and oil commentators about the real threat to global oil (and gas) production volumes was countered by the news that the production at Saudi Aramco’s main offshore oil field, Manifa, has been hit by technical problems. Qatar’s remaining fields are experiencing similar threats.

Oil 186
article thumbnail

War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

The continent was mostly powered by locally mined coal until the 1950s, when imports of cheap Middle Eastern oil started transforming the energy picture. Peter Kovalev/TASS/Getty Images So how did Europe become addicted to Russian fossil fuels, particularly natural gas?

Ukraine 130
article thumbnail

The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

s top class Zeekr emblem have began promoting in Israel and planning to make bigger into extra international locations within the patch, together with Qatar and Bahrain. While it’s still relatively cheap to run a gas-guzzler in many places — petrol costs between $2.18 Chery Car Co. and Zhejiang Geely Keeping Staff Co.’s

article thumbnail

Is Worldcoin a Crypto-currency for the Masses or Your Digital ID?

Cars That Think

Potential applications include tackling fake profiles on social media, distributing a global universal basic income (UBI), and empowering new forms of digital democracy. Ethereum ), that trend could help redistribute global wealth. The founders envisaged Worldcoin as a global distribution network for universal basic income.

Personal 107