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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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Baker Institute team says fossil fuel subsidies need global reform

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Fossil fuels still receive most of the international government support provided to the energy sector despite their “well-known environmental and public health damage,” according to new research from Rice University’s Baker Institute for Public Policy. Costs ranged from a low of 0.3% 5 consumer of oil,” Krane said.

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IHS Markit: 10 MMb/d of oil production cuts coming

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If there is no international agreement to curtail oil production then brutal unadulterated market forces will bring the oil market into balance. The outlook assumes discussion but that no actual international agreement to restrain production materializes. In contrast, output from Saudi Arabia is projected to be 1.8

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IMO environment meeting adopts mandatory energy efficiency measures for international shipping; first mandatory global GHG reduction regime for an international industry sector

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Mandatory measures to reduce emissions of greenhouse gases (GHGs) from international shipping were adopted by Parties to MARPOL Annex VI represented in the Marine Environment Protection Committee (MEPC) of the International Maritime Organization ( IMO ), when it met for its 62 nd session from 11 to 15 July 2011 at IMO Headquarters in London.

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Hyundai Motor and Saudi Aramco to collaborate on hydrogen, advanced non-metallic materials and future technologies

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In addition to collaborating on hydrogen supply and the deployment of hydrogen refueling stations in Korea, Hyundai Motor and Saudi Aramco will grow awareness of Hyundai’s hydrogen fuel cell vehicles in the Kingdom of Saudi Arabia. Additionally, the companies will cooperate on the development of future automotive technologies.

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What Does The Next OPEC Meeting Have In Store?

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The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran. OPEC interactions have become a direct altercation between Saudi Arabia and Iran, with the remaining members reduced to mere observers. OPEC is in a difficult situation.”.

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Study using satellite data finds rate of urban growth much greater than previously thought

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An international team of researchers has used satellite images to map urban growth between 1985 and 2015. Each image captured 900 square meters of ground, a level of detail that allowed the scientists to study land-use change over time. In a paper in Nature Sustainability , they report that global urban extent has expanded by 9,687?km