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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. The authors said energy subsidies have long outlived their usefulness.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Individual wind projects are consistently delivering electricity for US$0.05

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil remains the world’s leading fuel, but its 33.1% The averages hide a mixed picture by fuel, however. Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% Source: BP.

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Masdar Institute, Boeing, Ethihad Airways and UOP complete 1st sustainability assessment for biofuel from an integrated seawater agriculture system

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The researchers confirmed the potential of ISAS to yield high value fuels and resources, including aviation fuel, biodiesel, electricity, aquaculture products, and others, without competing for freshwater resources and arable land used by conventional agriculture.

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The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

Around the six Gulf states, together with oil majors Saudi Arabia and the United Arab Emirates, electrical vehicles account for simply 0.4% Marques like MG are seeing fast growth in the UAE, posting an 86% surge in the first three months of this year, according to local media reports. of the passenger-vehicle marketplace. Chery Car Co.