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Global geothermal industry passes 12,000 MW operational

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Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen. GEA member commitments to financing and development stages included MidAmerican’s $1 billion pledge to extend the life of its Salton Sea, California geothermal fields.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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for example, has ended fuel subsidies, thereby essentially, increasing its budget revenues, while Saudi Arabia recently floated a $4-billion domestic bond offering to help finance its budget. Furthermore, several national oil companies, Venezuela’s among them, are building refineries with local partners in Asia, which will use their crude.