Green Car Congress

AUGUST 12, 2015

With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. The Saudis have already sparked an oil price war with the Asian refiners downstream by offering close to 2.8 Is Saudi Arabia losing the oil price war? “It

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Oil Prices Saudi Arabia Oil Price 150

Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

MARCH 24, 2016

Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase. by Nick Cunningham of Oilprice.com.

Oil Prices 150

Oil Prices Oil Price North Dakota 150

Green Car Congress

FEBRUARY 16, 2009

These additions assume the long-term pricing basis that the corporation uses to make its investment decisions, rather than single-day, year-end pricing. Proved additions were also made in a diverse range of countries including the United States, Norway, Nigeria, Angola and Australia. billion oil-equivalent barrels.

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2008 Oil-Sands Angola Production 150

Green Car Congress

FEBRUARY 25, 2016

Breakeven prices are hard to pin down, and harder yet because they fluctuate. OPEC governments downsize their budgets, cut social spending and put big projects on hold to lower the breakeven price. It’s probably more concerned about regaining the market share it lost under sanctions than it is about low prices.

Saudi Arabia 150

Saudi Arabia Oil Oil-Sands Iraq 150

Green Car Congress

APRIL 22, 2010

This figure includes subsidies to lower the prices of petroleum products, kerosene or liquefied petroleum gas (LPG), typically in developing countries, as well as subsidies to the oil, gas or coal industries, provided by many governments in both developing and developed countries. by 2010 to 18% by 2050.

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Fuel Parts 2010 Climate Change 207

Green Car Congress

MAY 6, 2019

Nigeria or Algeria cannot do the same for their oil industry. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas. Fossil-fuel exporters rush to produce as much as they can, despite falling prices and constraints on trade.

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Carbon Europe Climate Change Saudi Arabia 207

Cars That Think

AUGUST 24, 2023

After he graduated from the Federal University of Technology in Owerri, Nigeria, his plan was to get a high-paying job at one of the multinational oil and gas companies based in the country. Orajaka says his off-grid system of the first of its kind developed and implemented in Nigeria. The IEEE member is GVE’s chief executive.

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Nigeria Africa Solar Grid 93

Green Car Congress

JANUARY 31, 2018

New energy research from business information provider IHS Markit has identified more than five billion barrels of oil equivalent (BOE) in numerous smaller, previously bypassed, or underperforming reservoirs outside North America that offer oil and gas operators a shorter-cycle path to production than new, frontier projects in undeveloped areas.

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North America Oil America Oman 150

Baua Electric

FEBRUARY 26, 2025

Nigeria is witnessing a transformative shift in its transportation landscape as the adoption of electric vehicles (EVs) gains momentum. This evolution is driven by a combination of governmental policies, economic factors, and environmental considerations, positioning Nigeria as a burgeoning hub for electric mobility in Africa.

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Nigeria Market Petrol Gas-Electric 52

Drive Electric NZ

AUGUST 9, 2022

With the introduction of the Clean Car Discount in 2022, the skyrocketing prices of petrol and diesel across the country and the increasing number of electric vehicles available in New Zealand, we are seeing more EVs on our roads than ever before. EV MYTH THREE: The world will run out of lithium. MORE EV MYTHS EXPLAINED.

Environment 98

Environment Electric Vehicles New Zealand Vehicles 98

Drive Electric NZ

AUGUST 9, 2022

With the introduction of the Clean Car Discount in 2022, the skyrocketing prices of petrol and diesel across the country and the increasing number of electric vehicles available in New Zealand, we are seeing more EVs on our roads than ever before. EV MYTH THREE: The world will run out of lithium. MORE EV MYTHS EXPLAINED.

Environment 52

Environment Electric Vehicles New Zealand Vehicles 52

Green Car Congress

OCTOBER 6, 2015

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

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Russia Saudi Arabia Iran Iraq 150

Green Car Congress

OCTOBER 28, 2020

The fast-growing global vehicle fleet is a major contributor to air pollution and climate change; globally, the transport sector is responsible for nearly a quarter of energy-related global greenhouse gas emissions. Most vehicles were between 16 and 20 years old, and most fell below EURO4 European Union vehicles emission standards.

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Nigeria Morocco Netherlands Gambia 186

Green Car Congress

DECEMBER 23, 2016

Oil prices are probably already high enough to spark a rebound in shale production. By the third quarter, oil prices had climbed back to above $40 and traded at around $50 per barrel for some time, replenishing some lost revenue. He estimates that OPEC’s cuts could succeed in pushing oil prices sustainably up to $55 per barrel.

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Oil Prices Libya Oil Nigeria 150