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Home > Energy Week > Episode 130 - Libya increases output | China buying more EV's? | Russia mulls position on Opec+
Podcast: Energy Week
Episode:

Episode 130 - Libya increases output | China buying more EV's? | Russia mulls position on Opec+
Category: Government & Organizations
Duration: 00:40:35
Publish Date: 2020-11-03 07:45:20
Description: Libya up to 800,000 bpd heading to 1.2 million bpd by 2021

New energy vehicles to make up 20% of China's new car sales by 2025
https://www.reuters.com/article/us-china-autos-electric/china-expects-sales-of-nev-to-make-up-20-of-total-new-sales-by-2025-idINKBN27I0W9
- mandate/quota system not a forecast
- Tesla is facing demand problem in China
- How will China stimulate demand?
- Exporting excess Model 3 Teslas made for China to Europe

Russia mulls position on Opec+
https://www.argusmedia.com/en/news/2155878-russia-mulls-position-on-opec
- Russia has overproduced by 50,000-100,000 bpd since the current OPEC+ deal went into place in May
- Will Russian oil companies agree not to increase production as is currently planned?
- New lockdowns in Europe indicate this is likely.

Pipeline attack halts exports from Iraq's Kurdish region
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/103020-pipeline-attack-halts-exports-from-iraqs-kurdish-region
- 450,000 bpd is exported from Kurdistan Region through Turkey. Apparently a pipeline suffered a “Terrorist attack” that has halted exports

Top Oil Trader Vitol Says Europe Lockdowns Mere ‘Speed Bump’
https://finance.yahoo.com/news/top-trader-vitol-says-europe-114830331.html
- we need to see mobility data for week 1 before we can say that these European lockdowns are just a speed bump.

Indian oil demand revival boosted by robust auto sales, IOC chairman says
https://www.hellenicshippingnews.com/indian-oil-demand-revival-boosted-by-robust-auto-sales-ioc-chairman-says/
- India has a lot of tax on gasoline so people buying cars means they are willing to pay high gasoline prices
- People are apparently buying cars.

Wyoming Is Using Dark Money To Help Keep Coal Plants In Other States Open
https://www.npr.org/2020/10/28/926625599/wyoming-is-using-dark-money-to-help-keep-coal-plants-in-other-states-open
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