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Opinion: Oil Price War May Benefit both US Shale and Saudi Arabia

Green Car Congress

Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? After the oil price crash in 1985, it took almost twenty years for prices to revert to previous levels.

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The Saudi Dilemma: To Cut Or Not To Cut

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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 is not an exception. Kemp agrees.

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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

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OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. News sources reported that the output from Saudi Aramco’s massive Manifa oilfield has been hit by a technical problem. Saudi August crude exports could fall to around 6.6

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Hydrogen Opposed Piston Engine Working Group formed

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—James Turner, Professor of Mechanical Engineering, Clean Combustion Research Center, King Abdullah University of Science and Technology (KAUST). Achates Power is backed by the Oil and Gas Climate Investments and other investors. Combustion and Propulsion Systems, Chalmers University of Technology, Gothenburg, Sweden.

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Opinion: China To Continue Expanding Its Influence In The Oil And Gas Sector

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Since 2009, China has been taking a much more active role in its pursuit of international oil contracts. In 2009, for the first time, Saudi Arabia exported more of its oil to China than it did to the U.S. China also made large investments in Saudi Arabia’s oil refining industry as well.

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Elektromotive to make breakthrough in Saudi Arabia

Green Cars News

Saudi Arabia is probably the last place you’d expect to see a concerted shift towards emission free motoring - after all, the Kingdom is the world’s leading oil producer and exporter.

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Aramco Fuel Research Center inaugurated at IFPEN, France

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a subsidiary of Saudi Aramco, the state-owned oil company of Saudi Arabia, inaugurated the Aramco Fuel Research Center (FRC), France. Aramco Overseas Company B.V. —IFPEN Chief Executive Olivier Appert.

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