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bp signed a memorandum of understanding (MoU) with the Government of Egypt under which bp will explore the potential for establishing a new green hydrogen production facility in the country. It is intended that high-potential locations across Egypt will be considered as part of the feasibility study, targeting best-in-class resources.
In the presence of the Egyptian Prime Minister, a Memorandum of Understanding (MoU) was signed on Monday in a joint bid to further accelerate the supply of green fuels and the global transformation to net-zero shipping. —Ayman Soliman, CEO of The Sovereign Fund of Egypt.
The analysis highlights the benefits of harnessing solar power to create green hydrogen in four African hubs: Mauritania, Morocco, southern Africa and Egypt. Pilot projects need to show successful green hydrogen generation, storage, distribution and use at both demonstration and commercial scale.
The global market for light-duty (LD) natural gas vehicles (NGVs)—including passenger cars, light-duty trucks and commercial vehicles—will experience a compound annual growth rate (CAGR) of 6.2% The global market for LD NGVs varies significantly depending on the region and country. between 2012 and 2019, reaching 3.2
The value of the global three-wheeler market will grow at a compound annual growth rate (CAGR) of 13% during 2014-19, according to a recently published report by TechSci Research, “Global Three Wheeler Market Forecast and Opportunities, 2019”. cannot effectively penetrate. —Karan Chechi, Research Director.
As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.
Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia. Using this refined data, the study provides an in-depth analysis of the potential for automotive growth.
Toyota is participating in the Accelerating the Development and Commercialization of Fuel Cell Vehicles in China project, and will carry out demonstration tests on the Mirai FCV for three years between 2017 and 2020. Started in 2003, the project has initiated FC bus services in China, Brazil, Mexico, Egypt, and India.
The Bajaj Qute, India’s first-ever quadricycle (a sub-group of the LCV segment) launched in the country in FY2019, has begun to be exported to Egypt. As is known, Bajaj Auto has a strong three-wheeler presence in Egypt, which was a major market for this product in the past. Nm of torque and has bi-fuel CNG and LPG variants.
CCC is a globally diversified company specializing in Engineering and Construction. Commenting on the news, Richard Thompson, Editorial Director at MEED, part of GlobalData, said: For nearly a century, the Gulf’s abundant supplies of accessible hydrocarbons has put it at the center of a gas-guzzling global economy.
The study is a part of of a larger report that will further take into account the changing dynamics of the regional and global gas markets, giving a comprehensive view of the implications for the long-term development of natural gas in Cyprus and other like nations. Global gas use in 2012 was 117 Tcf.). —Sergey Paltsev.
Bajaj Auto’s optimism stems from their dominant position (nearly 80% market share) in the Indian threewheeler segment, itself one of the largest globally. Likewise, around ten years later, when the Supreme Court mandated CNG usage in Delhi for commercial vehicles, Bajaj Auto benefited.
More than 4,500 of Eaton’s hybrid systems are in use today on city buses, school buses, package delivery trucks, beverage delivery trucks, refrigerated delivery trucks, refuse and recycling trucks, utility vehicles and other commercial applications.
The IHS Markit report, entitled: “Back to the Basins: International Shorter-Cycle Opportunities,” initially assessed five, short-cycle projects outside the US in mature, late-life basins in Mexico, Nigeria, Egypt, Brazil and the North Sea, and included both shallow water and mature, onshore areas that break even at per-barrel costs under US$40.
Following operational testing, Canadian Pacific Railway Limited will equip 200 locomotives with GE Transportation’s Trip Optimizer fuel savings system in the product’s first commercial deployment. Currently, other pilots are being conducted in various global regions including bulk commodity testing that is showing even greater fuel savings.
Needless to say, EV sales are increasing globally. Coming in second is Norway, followed by Sweden, Germany and the United Kingdom rounding out the top five countries for EV adoption, according to the most recent version of the Electric Vehicle Country Readiness Index from Ernst & Young Global Ltd.
Held in Egypt from November 6 – 20, COP27 extended closing by more than a day to reach an agreement that developed nations will provide “loss and damage” funding for vulnerable countries hit hard by climate disasters. Globally, power generation accounts for about 30% of all (GHG) emissions. degrees Celsius above pre-industrial levels.
The Red Sea is home to important shipping lanes, particularly between Asia and the Mediterranean through the Suez Canal in Egypt. The Canal transports about an eighth of global trade and a third of global container traffic, and is particularly important for shipping between Asia and the Mediterranean.
Compared with traditional power buses, new energy buses are more globally competitive. He Yipeng, general manager of the commercial vehicle business center of BYD Europe Co., my country’s new energy bus technology has reached the world’s leading level.
billion passengers are expected to fly globally in 2024, up from the previous record of 4.5 Analysts at American Express Global Business Travel say that average ticket prices across all regions are not expected to change significantly. Jump to: Credit… Chanelle Nibbelink A record 4.7
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