China is well known as the world’s leading electric vehicle (EV) market. 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. … [continued]
The United States produced more crude oil than any nation at any time, according to our International Energy Statistics, for the past six years in a row. Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d) in 2023, breaking the previous U.S. and global … [continued]
For various reasons, many of us have spent time without a roof over our heads. For some, it’s homelessness that brought us there. For others, it was military service or other government work. For the craziest of us (I’m in this last category) we did it for fun or as … [continued]
Egypt climbs on the green hydrogen bandwagon with a new $4 billion project aimed at high volume green ammonia production.
GlassPoint will partner with Saudi Arabia’s MISA for a solar-powered steam facility in the country’s Eastern Province.
A few days ago, private companies in India and Saudi Arabia signed over two dozen agreements on a wide variety of subjects. This article will focus on the building of a High Voltage Direct Current (HVDC) undersea line which would allow power to be transmitted in both directions between the … [continued]
Saudi Aramco has received a letter from a special UN-designated group, outlining violations to human rights due to oil exploitation. Yet the greenwashing continues.
We forecast higher crude oil prices in the second half of 2023 and into 2024 in our latest Short-Term Energy Outlook (STEO) because of moderate but persistent inventory drawdowns. Inventory drawdowns take place when demand for a commodity is greater than the supply of that commodity. We expect production cuts from … [continued]
Aston Martin has shocked its normal engine supplier, Mercedes AMG, by choosing Lucid to supply power for its electric cars.
Kenya recently signed some deals with firms from Saudi Arabia and the United Arab Emirates (UAE) to supply diesel, petrol, and jet fuel on credit for the next 6 months to ease mounting pressure on the demand for foreign currency as well as to try to stem the Kenya shillings … [continued]
