Remove Cost Of Remove Gas Remove Kuwait Remove Market
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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

Green Car Congress

The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar. We are delighted to be partnering with the CCC to open this new market. Territories that were largely desert in the middle of the 20th century are now thriving oil economies.

Fusion 170
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Opinion: Who Will Be Left Standing At The End Of The Oil War?

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Saudi Arabia and Kuwait enjoy some of the lowest production costs in the world, at about $10 and $8.50, respectively, according to Rystad Energy data. But these are just the costs of lifting oil out of the ground. It’s probably more concerned about regaining the market share it lost under sanctions than it is about low prices.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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For Chevron, this means (a) managing down the cost of steam generation for injection into the field and (b) using information technology to be able to “dial in” the steam at the optimum pressure and temperature to specific locations in the strata of the field—and then recovering that newly flowing oil. Source: Chevron.

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

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Saudi Arabia and Kuwait might, and should be encouraged to do so. Financial markets divest fossil-fuel assets and reallocate capital to low-carbon firms. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas. —Goldthau et al.

Carbon 207