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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. Saudi Policy: OPEC-centric or Self-Serving?

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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Green Car Congress

As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders are predicting that the now over-saturated market will reach an equilibrium with higher commodity prices by 2018 and U.S. by Haley Zaremba for Oilprice.com. What I don’t hear people asking is, ‘then what?’

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Extreme E – Team xite & myenergi

My Energi

Led by team manager Juli Mundet Caballero and piloted by drivers Oliver Bennett and Christine Giampaoli Zonca, the UK outfit will make its debut at the season-opening Desert X Prix, which takes place in Saudi Arabia between 2-4 April. Saudi Arabia location of race number 1.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts. percent year-over-year, up from 2.3

Russia 150
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The Oil War Is Only Just Getting Started

Green Car Congress

BP’s Energy Outlook 2017 estimates that there is an abundance of oil resources, and “known resources today dwarf the world’s likely consumption of oil out to 2050 and beyond”. “In If OPEC remains a functional entity by the end of 2017, its greatest hits will surely be in the past. “.

Oil 150
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IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

Growth in oil consumption in emerging economies, particularly for transport in China, India and the Middle East, more than outweighs reduced demand in the OECD, pushing oil use steadily higher in the New Policies Scenario. emissions is not taken before 2017, all the allowable CO 2. If action to reduce CO 2.

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