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3 Oil Majors That Bet Big On Renewables

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For instance, Total has lined up an 800 megawatt (MW) solar project in Qatar where it will own a 49% stake in the project when it is completed in 2021. Link to original article: [link]. But Total is not just content to compete in the traditional renewable energy arena of wind and solar but is also giving Tesla Inc.

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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

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Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil supplies is “ increasingly worrying ”, due to a loss of $1 trillion ($1,000 billion) in investments last year. The Kingdom has the same challenges as its current main political adversary, Qatar.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 Russia supplied about 30 percent (146.6 percent of GDP in 2014. mmbbl/day) in 2013. Death by Energy.

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Oil Prices Running Out Of Reasons To Rally

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The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. On top of that, Kuwait’s envoy to OPEC said that Qatar, Kuwait and Oman were also complying with the cuts. That bodes well for a narrowing supply surplus—and ultimately a deficit—as well as falling inventories.

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ABB charges into the future with Formula E

Charged EVs

Now, if you have a depot where you need your cars every eight hours, or you know the dwell time, then you can do the backwards math up the electrical supply chain, to see what power you need so that that vehicle is ready at 6 am. This article appeared in Charged Issue 56 – July/Aug 2021 – Subscribe now. It charges when it’s asleep.