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Eni report: global oil reserves and oil production up in 2018 due to US

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Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on crude oil quality and on refining industry.

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Saudi Aramco and Air Products to build Saudi Arabia’s first hydrogen fuel cell vehicle fueling station; operational 2Q19

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Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. The hydrogen refueling station, the first in the Kingdom, is expected to be operational in the second quarter of 2019. Al Khowaiter, Chief Technology Officer of Saudi Aramco.

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Researchers develop solid electrolyte for electrocatalytic reduction of CO2 to pure liquid fuels

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At left is a catalyst that selects for carbon dioxide and reduces it to a negatively charged formate, which is pulled through a gas diffusion layer (GDL) and the anion exchange membrane (AEM) into the central electrolyte. The ions recombine into formic acid or other products that are carried out of the system by deionized (DI) water and gas.

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IMO environment meeting adopts mandatory energy efficiency measures for international shipping; first mandatory global GHG reduction regime for an international industry sector

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These measures constitute the first mandatory global greenhouse gas reduction regime for an international industry sector. The EEDI is a non-prescriptive, performance-based mechanism that leaves the choice of technologies to use in a specific ship design to the industry. of global greenhouse gas emissions. Earlier post.)

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts. percent of GDP.

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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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Nigeria or Algeria cannot do the same for their oil industry. Saudi Arabia and Kuwait might, and should be encouraged to do so. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas. —Goldthau et al.

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American Fuel Consumption Goes Down, Prices Do Not

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The best we can say is that gas prices have stabilized somewhat after pitching up in 2021 and giving way to a totally volatile oil market in 2022. in 2019 and averaging well below $2.00 I'm going to get those gas prices down again,” he said. The IEA also faulted production cuts stemming from Russia and Saudi Arabia.

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