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European Lithium signs binding term sheet with Obeikan for hydroxide plant in Saudi Arabia

Green Car Congress

Australia-based European Lithium Limited signed a binding term sheet for the joint development and operation of a lithium hydroxide processing plant in Saudi Arabia with Obeikan Group to convert lithium concentrate into lithium hydroxide.

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Lucid signs agreement with Saudi Arabia for 155k unit capacity manufacturing facility

Teslarati

Lucid Group announced today that it has signed a contract with several Saudi Arabian government agencies that locks in plans for a production facility with an annual capacity of 155,000 units. billion in aggregate over the next 15 years to build the facility in Saudi Arabia, it said. Lucid Group will receive up to $3.4

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Hyundai begins supplies of hydrogen trucks to Port of California | Autocar Professional

Baua Electric

As part of the project, Hyundai supplied 30 Xcient fuel cell trucks to G.E.T While Hyundai Capital America provides more competitively priced leasing and financing services to trucking companies, Papé, a specialist trucking service in the West, provides vehicle maintenance and service.

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Lucid reports Q1 2022 Earnings tonight: Here’s What to Expect

Teslarati

This became an issue for Lucid, as these parts were usually not easy to get because of global supply chain bottlenecks, which Rawlinson said were the biggest issue in the Air’s ramp up. million, according to Yahoo Finance estimates. 2022 has not been a completely bad year for Lucid. Wall Street Expectations.

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

Green Car Congress

High-capacity refineries require access to reliable sources of crude oil inputs to maintain higher utilization and to a sufficiently large pool of potential customers to supply. The refinery’s return is likely to decrease petroleum product prices and increase supply, particularly in south and southeast Asian markets.

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Dow and Saudi Aramco form JV for $20B petrochemicals complex in Jubail; largest ever built in one phase

Green Car Congress

The Dow Chemical Company and the Saudi Arabian Oil Company (Saudi Aramco) will form a joint venture (JV) to build and operate a world-scale, fully integrated chemicals complex in Jubail Industrial City, Kingdom of Saudi Arabia. This project represents a key milestone in Saudi Aramco’s ambitious downstream growth strategy.

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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.

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