article thumbnail

Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

Green Car Congress

Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. If You’re a Free Range Oil Producer.

Oil 150
article thumbnail

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

Green Car Congress

Chevron is taking its technology learnings from Kern River and apply them to Duri and other major heavy oil fields globally, such as Wafra in the onshore Partitioned Neutral Zone (PNZ) between Kuwait and Saudi Arabia and in the Orinoco in Venezuela. SPE 144469-MS) doi: 10.2118/144469-MS.

Chevron 244
article thumbnail

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

Green Car Congress

Saudi Arabia and Kuwait might, and should be encouraged to do so. The US and China take the lead in scaling up the technology, given their large markets, tech-friendly regulatory environments and industry giants, such as Google and the State Grid Corporation of China. Nigeria or Algeria cannot do the same for their oil industry.

Carbon 207
article thumbnail

Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

Given this environment, it is not surprising that the revenue elasticity of production is highly sensitive, and negative. million), and its allies, UAE (2.87), Kuwait (2.8), and Qatar (.67), Saudi Arabia increased production by 6.8 percent in the first quarter of 2015 but saw export revenues shrink by 42 percent.

article thumbnail

2018 Environmental Performance Index: Air quality top public health threat

Green Car Congress

Of the emerging economies, China and India rank 120 th and 177 th respectively, reflecting the strain population pressures and rapid economic growth impose on the environment, note the researchers. Sustainability outcomes among emerging economies remains highly variable.

2018 300