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SAFE report addresses US aluminum sector’s energy challenges; more US production of primary aluminum needed

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Aluminum demand will continue to grow as the economy transitions to a more sustainable energy future with the electrification of automobiles and new green technologies. Global demand is outpacing supply, so we can see a potential supply shocking coming.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Global energy consumption grew by 2.5% Emerging economies accounted for all of the net growth, with OECD demand falling for the third time in the last four years, led by a sharp decline in Japan. globally, and 8.4% in the emerging economies. of global energy use, losing share for 12 consecutive years. Source: BP.

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Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto

Baua Electric

Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift to electric vehicles (EVs), three sources told Reuters. Aramco did not respond to a request for comment, Adnoc declined to comment.

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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

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If you are the world’s leading energy economy, you produce energy, that’s what you do.”. “A Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.". by Dalan McEndree for Oilprice.com. “If percent to $38.1

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Opinion: How Much Longer Can OPEC Hold Out?

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Simply put, the world has too much oil at the moment which has resulted in the reduction of price levels from approximately $100 to $50 a barrel, and OPEC (as well as US shale producers) has a major role to play in this supply glut. Nigeria is Africa''s largest oil producer and among the top 5 global exporters of LNG.

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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.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Energy is the foundation of Russia, its economy, its government, and its political system. Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ).

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