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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

Green Car Congress

JULY 16, 2017

Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil supplies is “ increasingly worrying ”, due to a loss of $1 trillion ($1,000 billion) in investments last year. Increased local demand is not only a growing problem for Saudi Arabia, but for most Persian Gulf producers.

Oil

Oil Libya Nigeria Qatar

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

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. A wave of green globalization allows all countries to share in the benefits of decarbonization. Nigeria or Algeria cannot do the same for their oil industry. —Goldthau et al.

Carbon

Carbon Europe Climate Change Saudi Arabia

EV Driven

The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

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

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