Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

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Green Car Congress

JANUARY 18, 2013

In its latest Oil Market Report , the International Energy Agency (IEA) raises its forecast for global consumption of oil to 90.8 Global crude oil supplies fell by 170 kb/d in December, to 91.2 mb/d on lower output from Saudi Arabia and Iraq. Global refinery runs rose 1.5 days to 30 days in November.

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Green Car Congress

JULY 30, 2019

In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. The US also broke into the international crude trade, doubling export volumes and entering that top ten ranking. WTI, the US light crude, covers 60% of global growth. also rose in Brazil and Norway. Source: Eni World Oil Review 2019.

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Green Car Congress

JULY 10, 2020

The project, which will be equally owned by the three partners, will be sited in NEOM , a new model for sustainable living located in the north west corner of the Kingdom of Saudi Arabia, and will produce green ammonia for export to global markets. million tons per year of green ammonia using Haldor Topsoe technology.

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Teslarati

APRIL 26, 2022

Lucid Group announced today that it had reached an agreement with the Government of Saudi Arabia to purchase up to 100,000 electric vehicles from the automaker over ten years. LucidMotors announces deal with Government of Saudi Arabia for purchase of up to 100,000 vehicles over a ten-year period.

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Green Car Congress

APRIL 1, 2020

If there is no international agreement to curtail oil production then brutal unadulterated market forces will bring the oil market into balance. Demand is collapsing because of the closure of a large share of the global economy because of coronavirus disease 2019 (COVID-19). If oil cannot be sold or stored, it cannot be produced.

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Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). The IEA said these changes will recast expectations about the role of different countries, regions and fuels in the global energy system over the coming decades. Energy demand.

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Green Car Congress

MAY 10, 2020

An international team of researchers has used satellite images to map urban growth between 1985 and 2015. In a paper in Nature Sustainability , they report that global urban extent has expanded by 9,687?km km 2 per year—a rate four times greater than a previous estimate, suggesting an unprecedented rate of global urbanization.

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Green Car Congress

OCTOBER 6, 2010

The NGO Transport & Environment (T&E) reports that developing countries, led by China, India, Brazil, South Africa and Saudi Arabia, have blocked what would have been the first global agreement to cut carbon emissions from ships.

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Teslarati

MAY 18, 2022

Lucid announced it had officially signed agreements with the Ministry of Investment of Saudi Arabia (“MISA”), the Saudi Industrial Development Fund (“SIDF”), Emaar, The Economic City, at King Abdullah Economic City (“KAEC”), and Gulf International Bank (“GIB”).

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CleanTechnica EVs

MAY 21, 2024

RIYADH, Saudi Arabia — Targets for 100 percent electric vehicle adoption by 2035 cannot be achieved without an unprecedented acceleration in copper mining, according to the Secretary General of the International Energy Forum Joseph McMonigle.

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Teslarati

MARCH 1, 2022

Lucid announced that its first international plant will be located in Saudi Arabia. The Arizona-based EV manufacturer estimates that its plant in Saudi Arabia could increase Lucid’s value by up to $3.4 The new international plant is expected to produce 150,000 vehicles per year. Credit: Lucid Motors).

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Green Car Congress

JUNE 2, 2021

According to an International Energy Agency (IEA) forecast, green hydrogen has the potential to fulfil 17% of the global energy demand by 2050. NEOM Helios project, Saudi Arabia; Topsoe delivers ammonia technology for the world’s biggest green hydrogen facility being built in Saudi Arabia.

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Green Car Congress

NOVEMBER 15, 2014

In its latest annual World Energy Outlook , the International Energy Agency (IEA) warned that the current period of oil abundance may be fleeting, and in fact, without heroic levels of production increases, oil markets will grow dangerously tight in the coming years. And that should raise some alarm.

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Green Car Congress

MAY 24, 2017

As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders are predicting that the now over-saturated market will reach an equilibrium with higher commodity prices by 2018 and U.S. shale production will continue to grow along with global demand.

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Green Car Congress

DECEMBER 10, 2014

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.

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Teslarati

NOVEMBER 3, 2022

Saudi Arabia’s Public Investment Fund and Taiwan-based technology manufacturer Foxconn entered into a joint venture to develop and manufacture electric vehicles. Saudi Arabia’s foray into the global EV market is another step forward in its Vision 2030 goal to reduce its reliance on oil.

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Green Car Congress

MAY 26, 2022

The University’s International Center for Automotive Research brings together world class faculty, state-of-the art facilities, and graduate students to lead basic and translational research with an emphasis on industry relevance. King Abdullah University of Science and Technology, Thuwal, Saudi Arabia.

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Green Car Congress

APRIL 10, 2015

OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. As per its state run oil company PDVSA, the country loses about $700 million a year with every $1 drop in the international oil price.

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Green Car Congress

OCTOBER 9, 2011

Dow will leverage its global marketing know-how to market and sell on behalf of Sadara to the rest of the world. Owned by the Saudi Arabian Government, Saudi Aramco is a fully integrated, global petroleum enterprise and a world leader in exploration and production, refining, distribution, shipping, marketing and petrochemicals manufacturing.

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Green Car Congress

AUGUST 13, 2015

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. The Saudis Expected a Hole, Not a Bottomless Pit. Any Saudi Victory Will Be Pyrrhic.

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Green Car Congress

JULY 11, 2016

million b/d, as production in Nigeria and Libya tentatively recovered along with steady increases for Saudi Arabia and Iran, according to an S&P Global Platts survey of OPEC and oil industry officials. —Eklavya Gupte, senior editor for S&P Global Platts. Last summer, Saudi Arabia produced as much as 10.45

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Green Car Congress

JANUARY 19, 2011

Over the same period, energy intensity, a key measure of energy use per unit of economic output, is set to improve globally led by rapid efficiency gains in the same non-OECD economies, under these projections. Biofuels will account for 9% of global transport fuels. per year growth, and accounts for 93% of global energy growth.

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Green Car Congress

JULY 14, 2023

As the polymer matrix for both products, PP offers good electrical insulating properties, low density, global availability and good processability.

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Green Car Congress

MARCH 13, 2015

out in the second quarter of 2014, global oil demand growth has since steadily risen, with year?on?year mb/d, bringing global demand to an average 93.5 mb/d, bringing global demand to an average 93.5 Global supply rose by 1.3 mb/d, as losses in Libya and Iraq offset higher supply from Saudi Arabia, Iran and Angola.

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Green Car Congress

SEPTEMBER 2, 2015

Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. If You’re a Free Range Oil Producer.

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Baua Electric

NOVEMBER 7, 2024

Ford is gearing up to launch new EVs overseas as it battles for global market share. Ahead of its EV blitz, Ford is currently the fastest-growing auto brand in Saudi Arabia. Ford sees sales surge in Saudi Arabia with EVs en route More people are buying Ford’s vehicles in The Middle East than ever.

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Green Car Congress

JUNE 19, 2014

Researchers at MIT and King Fahd University of Petroleum and Minerals (KFUPM) in Saudi Arabia have devised a robotic system that can detect leaks in gas, oil and water pipelines at a rapid pace and with high accuracy by sensing a large pressure change at leak locations. Chatzigeorgiou, D.; Youcef-Toumi, K.; Ben-Mansour, R.

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Green Car Congress

AUGUST 10, 2018

Moller–Maersk and IBM announced the creation of TradeLens , jointly developed by the two companies to apply blockchain to the world’s global supply chain. Pacific International Lines (PIL) have joined Maersk Line and Hamburg Süd as global container carriers participating in the solution.

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Teslarati

SEPTEMBER 30, 2024

Hyundai Motor and Kia Corporation signed a Memorandum of Understanding with the Misk Foundation to tap into Saudi Arabia’s talent pool. This collaborative effort will contribute to the development of Saudi Arabia’s knowledge-based economy and pave the way for a more sustainable and connected future.”

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Green Car Congress

MARCH 23, 2017

OPEC producers—especially Saudi Arabia, which shoulders the biggest share of cuts—are desperately trying to maintain their most important market shares such as those in Asia , while measuring exports bound for other destinations in its attempt to comply with the production cuts. But Iraq is uniquely positioned.

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Green Car Congress

MAY 13, 2021

CCC is a globally diversified company specializing in Engineering and Construction. Since its formation in 1952, CCC has become one of the leading international contractors with a worldwide turnover of more than US$4 billion and managing 60,000 personnel composed of more than 80 nationalities. Many more will follow.

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Green Car Congress

MARCH 8, 2017

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Global oil supplies plunged nearly 1.5 by Tsvetana Paraskova for Oilprice.com. But resurgent U.S.

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Green Car Congress

JULY 16, 2017

Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil supplies is “ increasingly worrying ”, due to a loss of $1 trillion ($1,000 billion) in investments last year. Increased local demand is not only a growing problem for Saudi Arabia, but for most Persian Gulf producers.

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Teslarati

MARCH 1, 2022

Despite this, Murphy still holds the same $60 price target and maintains a “Buy” rating on $LCID stock, citing the company’s new Saudi Arabia factory as a chance for more international expansion and Lucid’s strong financials, backed by 25,000 orders of the Air sedan. percent.

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Green Car Congress

NOVEMBER 6, 2015

The International Energy Agency sees North American shale peaking towards the early part of the 2020s and declining thereafter, all but making it a blip on the radar when looking at oil production from a long-term standpoint. Moody’s Investors Service sees the contraction as too little to make a significant dent in the global supply gut.

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Green Car Congress

JUNE 23, 2016

The argument emerged that having contributed to the collapse of world oil prices, US LTO was the new global swing producer, replacing OPEC leader Saudi Arabia in that role. He was also optimistic WTI could exit 2016 at $70 because of the rapid rebalancing of global crude supply and demand.

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