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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2023.

Global 448
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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

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Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. mmbl/day) equates to a 13 percent global share.

Oil 150
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Opinion: Is Russia Plotting To Bring Down OPEC?

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from a market for Russian crude and natural gas (via LNG) to a global competitor. into a major (potential) LNG competitor in global LNG import markets, and, via the U.S. in Russian and Soviet history, Soviet economics, and International economics, and MBA in finance and marketing. by Dalan McEndree for Oilprice.com.

Russia 150
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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Saudi Arabia and Kuwait might, and should be encouraged to do so. This scenario assumes a full global consensus for action on climate change. G20 countries build a generous Green Climate Fund, well above the $100-billion-a-year goal in the Paris climate agreement. Nigeria or Algeria cannot do the same for their oil industry.

Carbon 207
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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. This increase in output occurs with the context of a narrow global demand opportunity.

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2018 Environmental Performance Index: Air quality top public health threat

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São Tomé and Príncipe, Kuwait, and Timor-Leste also increased their ranking due to several factors, including the establishment of areas protecting biodiversity and habitat. EPI and Global Sustainability Data. Sustainability outcomes among emerging economies remains highly variable. 2018 EPI Trends.

2018 300