This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
a developer of vehicle control systems and systems integrator, to provide hydrogen electric powertrain solutions to commercial vehicle OEMs across Russia, the Commonwealth of Independent States (CIS), and greater Europe. Loop Energy, a developer and manufacturer of hydrogen fuel cell-based solutions, is partnering with METTEM-M Ltd. ,
Ford announced that it is suspending JV operations in Russia, effective immediately, until further notice. As part of the global community, Ford is deeply concerned about the invasion of Ukraine and the resultant threats to peace and stability. The situation has compelled us to reassess our operations in Russia.
Other key findings from the report: Six reactors started up in 2019, four large PWRs commenced operation, one in South Korea, one in Russia and two in China. Nuclear generation fell fractionally in North America and in West & Central Europe, but rose in Africa, Asia, South America and East Europe & Russia.
Against the background of the Russian attack on Ukraine and the resulting consequences, the Group Board of Management of Volkswagen AG has decided to stop the production of vehicles in Russia until further notice. Vehicle exports to Russia will also be stopped with immediate effect.
Ward's Auto is reporting that Hyundai and Renault are eyeing a return to the Russian market, assuming that Russia and Ukraine reach a peace deal following the former's invasion of the latter. if the fighting stops, the two global automakers, which left the Russian market due to the conflict, might reenter it.
Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. Rosatom’s ambition is to produce and to store decarbonized hydrogen, and take part in pilot projects in Russia and across the world.
Nissan’s all-new fourth-generation Pathfinder—which will be built in Russia—will be available with a standard 3.5L Also at the Moscow Motor Show, making their Russia debuts, are the new Nissan Juke and new Nissan GT-R NISMO. Russia also is the only market in the world where Nissan Motor Co. Hybrids Russia'
Moller – Maersk is temporarily suspending new Maersk bookings within ocean, air and intercontinental rail to and from Russia, with the exception of foodstuffs, medical and humanitarian supplies (bar dual-use items). It is key for Maersk that we minimize supply chain disruption and do not add to the global congestion in ports and depots.
The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6
Russia's ongoing invasion of Ukraine has triggered international sanctions throttling the country's oil exports, leading to fears of every higher gas prices. But electric vehicle adoption has been helping make the situation less grim. Plug-in vehicles avoided roughly 1.5
Petersburg, Russia. The new Ford Focus will be assembled in Russia in all three body styles: four-door, five-door and wagon. The Focus has been a popular vehicle in Russia since it first went on sale there in 1999. To date, more than 500,000 Ford Focus units have been sold in Russia.
Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries. C carbon budget.
As of May 2022, surplus crude oil production capacity in non-OPEC countries decreased by 80% compared with 2021, according to the US Energy Information Administration’s (EIA) new report Global Surplus Crude Oil Production Capacity. In 2021, 1.4
between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% The United States, Brazil, Russia, and the Middle East accounted for an additional 48% of the increase. Responding to this falling demand, global oil production fell 2.1% After falling 1.5% of total oil consumption in 2010.
In the June Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI).
According to GlobalData, more than 160GW of fresh nuclear capacity will be added globally between 2020-2030 out of which about 66% of this capacity addition is anticipated to take place in China, India and Russia. Here again, China (34%), India (17%) and Russia (12%) hold over 63% of the planned projects. —Somik Das.
is to nationalize lithium so that it cannot be exploited by foreigners from Russia, China or the United States. —President Obrador The US Geological Survey USGS) ranks Mexico ninth globally for lithium resources, at 1.7Mt. What we are doing now. World leaders Bolivia, Argentina and Chile hold 21Mt, 19Mt and 9.8Mt.
This follows a global decision in 2010 to re-introduce the Datsun brand as part of the company’s Nissan Power 88 mid-term plan to achieve 8% of the global market share and 8% operating profit by fiscal year 2016. The brand is also to be introduced in India, Indonesia and Russia in 2014.
Products from the new plant in Russia will be supplied to the growing European and Asian markets for use within the automotive sector and renewable energy markets, said Georgy Kolpachev, Managing Director of Rusnano. Under the terms of the investment agreement, Kolpachev will join Nesscap’s board of directors.
Global automobile production will increase by 21 million units by 2021, and has grown by 25 million units since 2009 as the industry continues to recover from the impact of the global economic recession, according to a forecast by IHS Automotive.
This new aftertreatment product is designed to meet upcoming emission regulations in China, India, and Russia. Cummins Emission Solutions also introduced the EcoFit brand, which will represent all Cummins Emission Solutions global aftertreatment products and solutions. urea and 67.5%
billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 New LNG export capacity, primarily in the US, and rising global demand for natural gas drove continued growth in global LNG trade last year. Global LNG export capacity has increased by 29%, or 14.0
According to GlobalData’s Mining Commodity Analyzer , Russia was the third-largest producer of nickel in 2021, producing more than 200,000 tons. The evolving situation in Russia and Ukraine has already caused unprecedented increases in the price of nickel. Trading had yet to resume as of 10 March.
Boeing forecasts that air carriers in Russia and CIS will take delivery of 1,080 new airplanes over the next 20 years at an investment of $110 billion. Demand for airplanes also will be fueled by an increase in the number of people flying to, from and within Russia and CIS. percent on average. Source: Boeing. Click to enlarge.
Global research and advisory firm Aranca has launched the Green Hydrogen Hub —an interactive online tool that tracks all green hydrogen proejcts that have come into operations since 2018. You can look at trends—for example the increasing adoption of green hydrogen across Europe since Russia invaded Ukraine.
Global demand for fossil fuels will peak this decade due in part to Russia's invasion of Ukraine, which has accelerated many countries' move to renewable energy, according to the International Energy Agency (IEA).
General Motors announced plans to change its business model in Russia. The Chevrolet brand will minimize its presence in Russia and the Opel brand will leave the market by December 2015. This change in our business model in Russia is part of our global strategy to ensure long-term sustainability in markets where we operate.
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 Average OPEC crude output reached an historic high in 2012 in the wake of continued global demand growth. Global refinery runs rose 1.5
and Gazprom of Russia’s subsidiary Gazprom Gazomotornoye Toplivo (Gazprom) have signed a market development agreement focused on expanding the use of natural gas vehicles in Russia and the localization of manufacturing of Westport’s Emer brand natural gas products. Westport Innovations Inc. billion cubic meters in 2013 to 10.4
Hyundai Motor Company will establish a Hyundai Mobility Global Innovation Center in Singapore (HMGICs) to accelerate its innovation efforts, with support from the Singapore Economic Development Board (EDB). HMGICs will become Hyundai’s global open innovation hub. It also will help define the future business direction for the company.
The new technique—called Underground Gravity Energy Storage (UGES)—proposes an effective long-term energy storage solution while also making use of now-defunct mining sites, which likely number in the millions globally. An open-access paper on the work is published in the journal Energies. Dabek, P.B., Brandão, R., Patro, E.R.,
In a new report ( Transportation Forecast: Global Fuel Consumption ), Navigant Research forecasts total road transportation energy consumption will grow from 81.1 of global consumption in 2014 to more than 16.4% of global road transportation sector consumption by 2035. —“Transportation Forecast: Global Fuel Consumption”.
The automotive turbocharging industry will generate $12 billion in revenue by equipping 49 million vehicles with turbochargers annually by 2019, according to Honeywell Turbo Technologies’ 2014 Global Turbo Forecast. Honeywell has more than 500 programs in its product development pipeline and works with nearly every major global manufacturer.
EIA sees additional uncertainty in the global marketplace for distillates and other fuels as the European Union plans to ban imports of petroleum products from Russia in early 2023. EIA forecasts Russia will produce 9.3 —EIA Administrator Joe DeCarolis.
Ford Sollers, formed in late 2011, operates three assembly plants in Russia. Based on Ford’s global B-segment platform, the EcoSport SUV joins the Ford Explorer and the new Ford Kuga in the Russian line-up. litre Duratec engine will begin at the new engine plant in December 2015.
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.
Russia: 80,200 units, down 16.1%. of global market share in 1H 2013, compared to 11.4% The top five Chevrolet sales markets in the first six months of 2013 were: United States: 1.02 million units, up 5.6%. China: 322,000 units, up 6.1%. Brazil: 305,000 units, up 5.1%. Mexico: 91,000 units, up 15.7%. in 1H 2012.
The Center will be funded by the Skolkovo Foundation and BP Russia. This success is possible because of a close cooperation of global leaders in research on heat exchange and catalysis processes—Imperial College London and Boreskov Institute of Catalysis—with active involvement from British Petroleum.
Kia Motors Corporation plans to expand its partnerships with global mobility companies to meet the needs of a diverse range of customers worldwide. Kia will further enhance its collaboration with global partners to offer regionally customized mobility services as it implements its ‘Plan S’ strategy. —President Song.
After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. MMbtu in Russia, $8.7/MMbtu
The most notable new policies include the US “Inflation Reduction Act”, legislation providing more than $369 billion in funding for clean technologies, and the European Union’s REPowerEU plan, which sets ambitious targets to reduce reliance on gas from Russia. advancing or delaying the time of electricity dispatch.
GM and PSA Peugeot Citroën provided an update on their global strategic alliance, announced in February 2012. GM and PSA Peugeot Citroën also confirmed their intention to develop new global projects to broaden their alliance and seize new opportunities. Earlier post.). Earlier post.)
The report suggests that a number of factors could hinder near-term growth prospects in several regions: Political tensions in Eastern Europe could affect supply and prices of gas exports from Russia to Western Europe.
International oil and gas major BP and Russian state-owned Rosneft have a formed a strategic global alliance, creating the first major equity-linked partnership between an international and a national oil company. Rosneft is Russia’s leading oil producing company. It produces oil in all key regions of Russia. Click to enlarge.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content