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

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oil analyst cited in this article, who has tracked oil companies’ budgets for many years, estimates that Aramco and its Kuwaiti and UAE counterparts will increase their investment in oil exploration and production in 2015 by 4.5 percent of net crude export revenues in 2015, as these revenues fall nearly 50 percent from 2014.

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RPI Doctoral Student Develops New Graphene Material with 14% Wt. Hydrogen Storage Capacity

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Graphene’s unique structure, only one atom thick, means that each of its carbon atoms is exposed to the environment and, in turn, to the hydrogen gas. Rafiee is from Tehran, Iran, and expects to earn his doctorate in 2011. by 2010 and 9% wt. Low density.

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

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That is a feature that is hard to overemphasize in today’s oil pricing environment. Moody’s sees global oil production rising by 1 million barrels per day in both 2015 and 2016. Also, although there was a lot of speculation about Iran’s ability to return some capacity to the market, such an outcome appears more and more likely.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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In December 2014, the Saudi government approved spending $229 billion in 2015, resulting in an estimated deficit of $39 billion, or some 5 percent of GDP. As mid-year 2015 approached, the IMF estimated the budget deficit would equal approximately 20 percent of Saudi GDP. percent in 2015, and then just 2.7 percent in 2014 to 3.3

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Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

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EIA said that US production will fall by 1 million barrels per day over the next year and that, “expected crude oil production declines from May 2015 through mid-2016 are largely attributable to unattractive economic returns.”. IEA data shows that the current second-quarter 2015 production surplus of 2.6 percent in August 2015.

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