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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. In the United States, refining capacity has decreased by about 1.1

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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. If You’re a Free Range Oil Producer. dollar spreadsheet.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Putin has aligned Russia with OPEC’s have-nots—the members lacking financial resources to withstand low crude prices for an extended period and that have objected to Saudi policies (Iran, Iraq, Angola, Nigeria, Libya, Algeria, Ecuador, and Venezuela)—against the haves (Saudi Arabia, Kuwait, the UAE, and Qatar).

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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. G20 countries build a generous Green Climate Fund, well above the $100-billion-a-year goal in the Paris climate agreement. China is keen to improve air and water quality and build ‘national champions’ in industry. —Goldthau et al. Big green deal. ?This

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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Furthermore, several national oil companies, Venezuela’s among them, are building refineries with local partners in Asia, which will use their crude. million), and its allies, UAE (2.87), Kuwait (2.8), and Qatar (.67), in Russian and Soviet history, Soviet economics, and International economics, and MBA in finance and marketing.

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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. Sustainability outcomes among emerging economies remains highly variable. EPI and Global Sustainability Data.

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