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Nissan Has a Turnaround Plan That Involves Cheaper EVs and Other Electrified Models

The Truth About Cars

Its former CEO had to flee Japan and is currently hiding in Lebanon, and several high-value employees left shortly after. Now, the company has reportedly backed out of a tentative deal to invest in Fisker and is eying the possibility that China could eat everyone’s lunch with affordable EVs. Nissan only sells two EVs in the U.S.

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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

Green Car Congress

More than 85% of the crude oil exports flowing through the Strait went to Asian markets, with Japan, India, South Korea, and China representing the largest destinations, EIA said. The Abqaiq-Yanbu natural gas liquids pipeline, which runs parallel to the Petroline to the Red Sea, has a 290,000-bbl/d capacity. —US EIA.

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Syrian oil ministry announces oil shale tender

Green Car Congress

(In April 2010, regional partners established an Oil Shale Cooperation Centre in Jordan, the outcome of the workshop organized by the EU-funded Euro-Mediterranean Energy Market Integration Project ( MED-EMIP ). According to The Oil and Gas Journal , Syria had 2.5 In 2005, Syria reactivated the effort.

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