Green Car Congress

MAY 23, 2016

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. by Rakesh Upadhyay for Oilprice.com.

Saudi Arabia 150

Saudi Arabia Iran Store Oil 150

Green Car Congress

JANUARY 13, 2012

First production is expected at the end of 2016. The group has interests in LNG projects in Indonesia, Nigeria, Norway, Oman, Qatar, the United Arab Emirates, Yemen, Angola, and Russia. Ichthys will develop approximately 3 billion barrels oil equivalent of reserves, including around 500 million barrels of condensate.

Australia 210

Australia United Arab Emirates Yemen Angola 210

Green Car Congress

AUGUST 13, 2015

percent in 2016. They are fighting a multi-front war with Iran directly (in Yemen) and indirectly (in Syria, Lebanon, and Iraq). The Financial Times quoted analysts as estimating the Saudi budget deficit in 2015 at $130 billion. Even with massive deficit spending, the IMF estimated GDP growth would slow from 3.6 percent in 2014 to 3.3

Saudi Arabia 150

Saudi Arabia Oil Iraq Iran 150