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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The international geothermal power industry is poised to place between 500 and 1,000 MW on line per year for the rest of the decade, said GEA. Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen. New project announcements have increased the resource under development to about 30,000 MW.

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What Does The Next OPEC Meeting Have In Store?

Green Car Congress

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. There will always be a need for additional production.

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Tesla shutting down Berlin factory for 2 weeks due to Red Sea shipping attacks

Baua Electric

But Somali piracy was largely “solved” by international cooperation and intervention, and is no longer currently a significant impact. To reach the Red Sea, ships must travel through the Gulf of Aden and the Bab al-Mandeb Strait off the coast of Yemen.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

He argued that rapidly growing production outside OPEC made the existing status quo unviable, and that lower prices in the short term would increase prices in the longer term through reduced investment and ultimately benefit all OPEC members. Saudi Arabia increased production by 6.8 million barrels per day in June. percent in 2016.