Green Car Congress
MAY 4, 2016
In recent years, all six Gulf monarchies—Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Oman, Qatar and Bahrain—have begun to challenge the notion that citizens are entitled to cheap energy. Across the Gulf, Iran has taken similar steps.
Green Car Congress
APRIL 10, 2015
However, OPEC has been in the line of fire from the western world in light of its stance of not reducing the production levels of its member nations (excluding Iran). The EIA even predicts that OPEC’s net oil exports (excluding Iran) could fall to as low as $380 billion in 2015. Iran Nuclear Deal: A warning sign for OPEC?
Green Car Congress
JULY 28, 2015
The crude is so cheap it’s pretty much free for them, the margins are going to be massive. The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil. In case of Saudi Arabia, the price of crude oil would be extremely low. per barrel while that of Reliance was $8.70
Green Car Congress
OCTOBER 31, 2014
“But taken in the context of many other actions around the world including Saudi Arabia’s frustration with US foreign policy toward Iran, and China’s voracious appetite for gold, these actions are meaningful steps away from the dollar.”. Rise of the Yuan.
Green Car Congress
AUGUST 8, 2010
Researchers at the Isfahan University of Technology (Iran), have demonstrated the use of a dilute acid hydrolysis process to convert rice straw—a cheap, abundant and mainly unused ag waste—to 5-Hydroxymethylfurfural (HMF) and furfural. Both furans are components for production of different chemicals and fuels.
Cars That Think
FEBRUARY 28, 2022
For natural gas, it is the world’s second largest producer , behind the United States and ahead of Iran, and its largest exporter. The continent was mostly powered by locally mined coal until the 1950s, when imports of cheap Middle Eastern oil started transforming the energy picture.
Green Car Congress
AUGUST 16, 2009
CO 2 conversion to hydrocarbons over catalysts has been known for several decades but has been shown very little research and development attention, as other technologies have been much cheaper and efficient in yielding cheap oil. They obtained CO 2 conversions of up to 45% are obtained for a residence time of ~ 1 s.
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