Remove Cheap Remove Future Remove Oil Remove Oil Prices
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The “Amazon Effect” Is Coming To Oil Markets

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While OPEC mulls over further steps to once again support falling oil prices, tech startups are quietly ushering in a new era in oil and gas: the era of the digital oil field. These are cheap computing with industrial-application capabilities; ubiquitous communication networks; and, of course, cloud tech.

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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

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A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy. m b/d thresh- old.

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Univ of Washington team working to make poplar coppice viable cheap, high-volume biofuel feedstock

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The UW team is the first to try converting the entire young tree—leaves, bark and stems—into bio oil and ethanol using two separate processes. Our research proved that poplar coppice can be a good option to meet the cheap, high-volume criteria of biofuel feedstock. That’s the problem.

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Opinion: How Much Longer Can OPEC Hold Out?

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With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.”

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Saudis Expand Price War Downstream

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The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. As if being the world’s biggest exporter of oil was not enough, the desert kingdom is now looking to conquer the refining sector as it has quickly become the fourth largest refiner in the world. By offering almost 2.8

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Volkswagen Group invested €11.5B (US$12.9B) in R&D in 2014; ongoing focus on electromobility and digitalization of vehicles

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We develop technologies that point the way well into the future. ”. According to Winterkorn, the company now employs 46,000 researchers and developers as well as more than 10,000 IT experts, all of whom are working on the mobility of the future such as alternative drive concepts or the digitalization of vehicles and factories.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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The analysis examines how these global forces may impact business and industry; calculates the environmental costs to business; and calls for business and policymakers to work more closely to mitigate future business risk and act on opportunities. Urbanization: In 2009, for the first time, more people lived in cities than in the countryside.