Green Car Congress
DECEMBER 5, 2018
To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year’s December OPEC meeting. million barrels daily, including from Russia, to reverse the free fall of oil prices. Saudi Arabia cannot afford another slump in oil prices,” he warns. “It Kemp agrees.
Green Car Congress
JULY 21, 2022
Less petroleum demand and the associated lower petroleum product prices encouraged refinery closures, reducing global refining capacity, particularly in the United States, Europe, and Japan. The refinery’s return is likely to decrease petroleum product prices and increase supply, particularly in south and southeast Asian markets.
Green Car Congress
JULY 23, 2012
The price represents a premium of. 61% relative to the closing price of the Common Shares on the NYSE on. 20 July 2012 and a premium of 66% relative to the volume-weighted average price of the Common Shares over the 20 trading days ending 20 July 2012. billion cash. Nexen’s current debt of approximately US$4.3 OPTI Canada Inc.
Green Car Congress
APRIL 4, 2011
If half of this flare gas (25 bcm per year) was captured and sold at prevailing domestic prices in Russia, the economic opportunity may exceed US$2 billion (65 billion rubles). Although Nigeria has reduced flare gas emissions by 28% from 2000 levels, the country’s oil industry still wastes 15bcm of natural gas every year.
Green Car Congress
OCTOBER 6, 2015
Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ). percent of GDP in 2014. Natural gas data from Gazprom). billion respectively).
Green Car Congress
AUGUST 25, 2015
OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. Their share of OPEC output increased to 26.6 percent from 10.2
Green Car Congress
APRIL 22, 2010
The International Institute for Sustainable Development’s Geneva-based Global Subsidies Initiative ( GSI ) has issued a five-part series of reports into how nations might remove fossil-fuel subsidies, on the eve of a meeting of G20 finance ministers in Washington this week. Some data exist on most types of fossil fuel subsidies.
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