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

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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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Eni report: global oil reserves and oil production up in 2018 due to US

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The US also broke into the international crude trade, doubling export volumes and entering that top ten ranking. The collapse of Venezuela and Mexico and Iran’s retreat prevailed over increases in Saudi Arabia and Iraq, reducing the weight of medium sour crude oil for the first time below 40%, with impacts on price differentials and refining.

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

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

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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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Hydrogen Opposed Piston Engine Working Group formed

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A study of a 2017 Toyota Mirai fuel cell by Argonne National Laboratory found fuel cell stack efficiency below 50% and fuel cell system efficiency dropping below 40% at high loads. King Abdullah University of Science and Technology, Thuwal, Saudi Arabia. Department of Automotive Engineering, Clemson University, Clemson, SC.

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Remembering IEEE Director Emeritus Theodore W. Hissey

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To honor his mentoring activities within IEEE YP, in 2017 the IEEE Theodore W. Those contacts helped Hissey and L&N take on several international projects such as setting up telemetry systems for Aramco , a national oil and natural gas company in Saudi Arabia. Later he was a principal engineer at Macro Corp.,

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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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.

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