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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.

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Opinion: The Saudi Oil Price War Is Backfiring

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And, in a latest development, the Saudis are now trying to defend their market share as they have only marginally increased the price of the crude oil they sell to Asia, contrary to industry forecasts. This cautious move suggests that Saudi Arabia is on the defensive, hoping to protect its market share.