Green Car Congress
AUGUST 15, 2018
The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. sanctions on Iranian oil. Iran, OPEC’s third-largest producer, is trying to convince its oil customers to continue buying Iranian oil despite stringent U.S. sanctions kick in.
Green Car Congress
AUGUST 3, 2022
In the International Energy Agency’s (IEA) June 2022 Oil Market Report, the IEA expects net global refining capacity to expand by 1.0 The Shenghong Petrochemical facility in Lianyungang has an estimated capacity of 320,000 b/d, and they report that trial crude oil-processing operations began in May 2022. million b/d in 2023.
CleanTechnica EVs
APRIL 16, 2024
continued] The post Bad News: Record Oil Imports into China in 2023 appeared first on CleanTechnica. More than half of the world’s EV sales have occurred there in recent years. It is a standard of the rapid, uplifting EV revolution. In 2023, 25% of auto sales in China were sales of full electric vehicles.
Green Car Congress
JULY 21, 2022
Associated sanctions on Russia—with more than 5 million b/d in crude oil processing capacity—disrupted exports of Russia’s refined products into the global market, and will likely continue to do so as import bans in the European Union and United Kingdom come into full force. million b/d in 2022 and by an additional 1.6
Green Car Congress
DECEMBER 31, 2011
Flows through the Strait in 2011 were roughly 35 percent of all seaborne traded oil, or almost 20 percent of oil traded worldwide. ”. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million bbl/d was crude oil. million bbl/d in 2009-2010. —US EIA.
Green Car Congress
AUGUST 23, 2022
—Teja Pappoppula, Oil and Gas Analyst at GlobalData. Duqm IV in Iran and Shahid Ghasem Soleimani in Oman are the two refineries that are likely to be the highest contributors in the region with 75 mbd of capacity each, which are expected to become operational by 2025. —Teja Pappoppula.
Green Car Congress
MAY 4, 2016
In recent years, all six Gulf monarchies—Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Oman, Qatar and Bahrain—have begun to challenge the notion that citizens are entitled to cheap energy. Energy Subsidy Reform in the Persian Gulf: The End of the Big Oil Giveaway” was co-authored by Jim Krane, the Wallace S.
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