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

Green Car Congress

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 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. recorded in 2013-2017. WTI, the US light crude, covers 60% of global growth.

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California 2019 crude average carbon intensity up

Green Car Congress

Pursuant to section 95489(c)(3)(B) of the Low Carbon Fuel Standard (LCFS) Regulation, the California Air Resources Board (CARB) Executive Officer has posted the final 2017 Crude Average Carbon Intensity calculation: 12.52 Imports from Saudi Arabia plunged 31.4% CI (gCO 2 e/MJ). Data: CARB. gCO 2 e/MJ plus 0.10 gCO 2 e/MJ.

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Saudis Expand Price War Downstream

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In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy. How will Saudi Arabia Capture Market Share Downstream? In case of Saudi Arabia, the price of crude oil would be extremely low.

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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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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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Audi unveils e-tron FE05 for new Formula E season

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Summerscale and his team began developing the Audi e-tron FE05 as early as mid-2017, even before the start of last season. Afterwards, the race cars and equipment will be transported to Saudi Arabia. The Brazilian clinched the title in the drivers’ championship in the third season (2016/2017).

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