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Baker Institute: End of the ‘Big Oil giveaway’ is underway in the Persian Gulf

Green Car Congress

In recent years, all six Gulf monarchies—Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Oman, Qatar and Bahrain—have begun to challenge the notion that citizens are entitled to cheap energy. Across the Gulf, Iran has taken similar steps.

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Opinion: How Much Longer Can OPEC Hold Out?

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However, OPEC has been in the line of fire from the western world in light of its stance of not reducing the production levels of its member nations (excluding Iran). The EIA even predicts that OPEC’s net oil exports (excluding Iran) could fall to as low as $380 billion in 2015. Iran Nuclear Deal: A warning sign for OPEC?

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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. The crude is so cheap it’s pretty much free for them, the margins are going to be massive. Gaurav Agnihotri is an ME and an MBA-Marketing, and an oil and gas professional based in India.

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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

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Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. The company was also seeking financing for a gas project in Russia despite Western sanctions. “It Rise of the Yuan.

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War in Ukraine: We Need to Talk About Fossil Fuels

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For natural gas, it is the world’s second largest producer , behind the United States and ahead of Iran, and its largest exporter. percent stake in the enormous Sakhalin-2 oil and gas development. Peter Kovalev/TASS/Getty Images So how did Europe become addicted to Russian fossil fuels, particularly natural gas?

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ACS Meeting Symposium Focuses on Conversion and Utilization of CO2 for Fuels and Chemicals

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CO 2 conversion to hydrocarbons over catalysts has been known for several decades but has been shown very little research and development attention, as other technologies have been much cheaper and efficient in yielding cheap oil. This catalyst converts the feed gas predominantly to methane under all conditions (ca. Scott Shaw.