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China exports way more automobiles to Russia than anyplace else

Baua Electric

Chinese language automakers exported extra automobiles wholesale to Russia than anyplace else within the first 5 months of this hour, filling a void left by means of international producers exiting the marketplace as a result of the invasion of Ukraine. China exported about 162,000 automobiles to Russia in all of 2022.

Russia 52
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts.

Russia 150
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Russia, China partner on engine for a long-range wide-body aircraft

Green Car Congress

The United Engine Corporation (UEC, part of Rostec State Corporation) signed a memorandum with the Chinese company AECC Commercial Aircraft Engine Co., The signing of the Memorandum on the development of the engine for the LRWBA is a milestone for the civil aviation of Russia and China.

Russia 150
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Nornickel places CNY 5 billion exchange-traded bonds

Green Car Congress

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel producer, as well as one of the leading platinum and copper producers, announced the successful placement of CNY (Chinese Yuan) 5 billion (~US$716 million ) exchange-traded bonds (series БО-001Р-06-CNY) on 22 December. The bonds mature in 3.5

Russia 170
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IEA forecasts world oil demand to hit record 101.9 million b/d in 2023; non-OECD to account for 90% of growth

Green Car Congress

In its April Oil Market Report , the International Energy Agency (IEA) forecasts that world oil demand will climb by 2 mb/d in 2023 to a record 101.9 mb/d from 1Q23 to 2Q23, as runs in the US normalize and with Chinese activity materially higher than a weak 2Q22 baseline. million barrels per day. Annual gains will double to 2.1

Oil 186
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Aurus Senat limo that Putin gifted to Kim uses South Korean parts, data shows

Baua Electric

The luxury sedan was intended to epitomize Russia’s domestic prowess and reduce dependence on imported technology and goods when unveiled in 2018. Russia imported equipment and components worth at least $34 million between 2018 and 2023 for assembling Aurus cars and motorcycles, customs records seen by Reuters showed.

Parts 52
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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. After Russia began its full-scale invasion of Ukraine in late February 2022, the impacts of reduced global refining capacity were exacerbated.

Global 448