Green Car Congress
JULY 21, 2022
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 2022 and by an additional 1.6
Green Car Congress
DECEMBER 11, 2014
Add to that a new report from the US government’s Energy Information Administration (EIA), which also cut its 2015 forecast for growth in global oil demand by 240,000 barrels per day, down to 880,000 barrels per day. The exceptions, the news agency reports, are Kuwait and Qatar. And yet on Nov.
Green Car Congress
SEPTEMBER 2, 2015
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.
Green Car Congress
OCTOBER 6, 2015
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. by Dalan McEndree for Oilprice.com. The emergence of the U.S., This has transformed the U.S. If, as seems increasingly likely, the ban on crude exports is lifted, U.S.
Green Car Congress
MAY 6, 2019
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.
Green Car Congress
AUGUST 13, 2015
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.
Green Car Congress
JANUARY 24, 2018
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.
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