EVs in Europe: Hopes up, sales down
Sales of battery electric vehicles in Western Europe fell for the fourth month in a row, an analysis of a respected European industry publication says.
Sales of battery electric vehicles in Western Europe fell for the fourth month in a row, an analysis of a respected European industry publication says.
The toll of the economic crisis is fueling worker disillusionment, absenteeism, and a brain drain and is hurting efficiency in the industry which produces more than 90 percent of Venezuela’s export revenue.
Iran, fresh from an OPEC meeting where it won significant concessions from regional rival Saudi Arabia, accelerated the rejuvenation of its sanctions-ravaged energy industry on Tuesday when the state producer signed a new-model oil investment contract.
Shuttle diplomacy by the United States’ envoy to the anti-Islamic State coalition brokered an oil deal between Iraq and its Kurdish region vital to a climactic battle with the jihadists, diplomats, officials and oil men say.
A Nigerian militant group claimed an attack on Thursday on a crude pipeline operated by state oil firm NNPC in the Niger Delta.
After South Sudan briefly cut off oil to the north and then the global price of oil dropped in 2013, an alliance between two rivals fell apart, and a civil war broke out.
Saudi Arabia might soon gain control of two major Texas refineries — proving, once again, that American energy independence is impossible.
Iraqi media are reporting that ISIS militants have opened the taps of an oil pipeline in the town of Qayyarah, in northern Iraq. Crude is flowing in the streets, as images from Qayyarah show, and people are worried about what will happen if someone decides to set the crude on fire.
Venezuela’s economic collapse has been making headlines for more than a year. Oil prices plummeted, and price controls led to shortages of basic staples like food and medicine.
Saudi Arabia, faced with dwindling oil income, has sharply increased government fees such as visa charges as part of a range of measures aimed at raising revenue from non-oil sources.