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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

Green Car Congress

In delivering this important project into production we will be securing vital long-term energy supply to Japan.Ichthys production volumes represent more than 10% of Japan’s LNG imports at current. Ichthys will provide a long-term stable supply of cleaner energy to. Japan, and help Japan diversify its energy sources.

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$97.07

Plugs and Cars

Attack on pipeline in Yemen. Severe weather shuts Mexican ports, disrupts oil supply to US. As the price per barrel goes beyond $97, one story in the NY Times reports : •Bombing in Afghanistan kills 64. Domestic oil inventory to fall. Severe weather forecast for North Sea. Oil platforms evacuated. Dollar weak.

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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

Green Car Congress

It is located between Yemen, Djibouti, and Eritrea, and connects the Red Sea with the Gulf of Aden and the Arabian Sea. The 17-mile long waterway located in Turkey supplies Western and Southern Europe with oil from the Caspian Sea Region. An estimated 2.9 million bbl/d flowed through this passageway in 2009, of which more than 2.5

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What Does The Next OPEC Meeting Have In Store?

Green Car Congress

Nasser did not hint at the percentage increase, even a small increase will add to the supply glut, because Aramco produces around 9.54 Iran has increased its market share in the excess supply environment by offering large discounts , undercutting the Saudi and Iraqi prices for their deliveries to Asia. “In

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Tesla shuts down Gigafactory Berlin after suspected sabotage results in power outage

Baua Electric

First, it had to halt production due to supply issues amid problems with cargo ships getting through the Gulf of Aden and the Bab al-Mandeb Strait due to the civil war in Yemen. Now, Tesla had to stop production and evacuate the factory today amid a potential sabotage of its power supply.

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Tesla shutting down Berlin factory for 2 weeks due to Red Sea shipping attacks

Baua Electric

We’ve heard about Red Sea supply disruptions before, but these are different than those we’ve experienced in the past. To reach the Red Sea, ships must travel through the Gulf of Aden and the Bab al-Mandeb Strait off the coast of Yemen. And so, Tesla will see significant delays in supply of vehicle parts to its Berlin factory.

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Tesla Giga Berlin announces temporary production halt due to Red Sea conflict

Teslarati

The considerably longer transportation times are creating a gap in supply chains,” Tesla Giga Berlin said in its statement. The US and the UK attacked the capital of Yemen Sanaa, Hudaydah, and the Houthi Red Sea port.

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