Middle East

Fed up with the price of gas? We feel your pain. Depending on what state you live in, gas is likely to be found for somewhere between three and four dollars per gallon – and make no mistake, that figure is enough to amount to a sizable chunk of the average American's monthly paycheck. A ...

Annual worldwide sales of natural gas vehicles will jump 68 percent to 3.2 million vehicles in 2016 from 1.9 million in 2010, according to Pike Research. The surge, says Pike, will be driven mainly by fleets looking to cut petroleum dependency and reduce operating costs. In the U.S., annual ...

A quick spin in the Laguna EV at the epicenter of the Better Place project Ask any addict why they don't quit, and they'll probably tell you it comes down to one sticking point. The addiction could be to caffeine or cocaine, but whatever the excuse – from work stress and social factors to ...

Better Place is headquartered in Israel and the battery-swapping EV enterprise has been held up as an example of that nation's high-tech capabilities. So, seeing the company take a beating in an Israeli newspaper may seem surprising. But that's just what journalist Dan Rabinowitz did in ...

Bloomberg is reporting that the sale of high-end and exotic cars in countries like the United Arab Emirates may swell by as much as 20 percent this year. The reason? Civilized countries just can't seem to kick their thirst for gasoline, and as a result, the price of a barrel of crude oil ...

Over in the United Arab Emirates, McDonald's will fuel up its delivery trucks with waste oil from its own deep fryers. This is not the first time that McDonald's has turned to its own vats of grease for fuel and likely won't be the last. Dubai-based Neutral Fuels has announced that it struck up ...

On Thursday, U.S. Department of Energy Secretary Steven Chu announced that the U.S., along with its partners in the International Energy Agency, has decided to release a total of 60 million barrels of oil from strategic reserves within the next 30 days. This move is to offset the disruption in ...

Electric vehicle enthusiasts in the United Arab Emirates (UAE) will likely have to wait until early 2014 before they can buy a Nissan Leaf locally. The battery-powered hatch, already available in the U.S., Japan and Europe, won't be offered in the Middle East until an ample amount of charging ...

This may sound surprising, but Saudi Prince Al-Waleed bin Talal has gone on record saying he wants the price of oil to decrease. Why's that you ask? It's all about the long-term game, says the Saudi Royal Family's stock market and real estate magnate. In a recent interview with "CNN's Fareed ...

Ahead of its official launch scheduled for the end 2011, Better Place has unveiled a complex pricing structure for the Renault Fluence Z.E. in Israel. The base version of the electric sedan will hit the market at a price of ILS 122,900 ($34,265 U.S. at the current exchange rate), not ...