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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.

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T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand

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Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Norway and Saudi Arabia followed closely. Stubbornly high demand for oil is being driven primarily by Europe’s transport sector.

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Saudis Expand Price War Downstream

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In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy. How will Saudi Arabia Capture Market Share Downstream? In case of Saudi Arabia, the price of crude oil would be extremely low.

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

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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. Policymakers hope higher energy prices can produce a number of helpful effects, the authors said.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. Road transport. billion in 2035. Click to enlarge.

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IBM Research discovers new class of industrial polymers; cheaper, lighter, stronger and recyclable thermosets for aerospace, automotive and others

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Using a novel computational chemistry hybrid approach, scientists from IBM Research have successfully discovered a new class of polymer materials—the first new class of polymers discovered in more than 20 years—that could potentially transform manufacturing and fabrication in the fields of transportation, aerospace, and microelectronics.

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UK, Saudi team shows hydrocarbon wax is a viable, safe medium for on-board hydrogen storage

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Against this backdrop, we sought to investigate heavy alkane hydrocarbon waxes as cheap, safe, readily producible and widely accessible hydrogen storage materials. Schematic representation of one scenario for the decarbonization of a transportation fuel economy. Gonzalez-Cortes et al. Click to enlarge.

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