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Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn. lately due to increased competition from Saudi Arabia. by Nick Cunningham of Oilprice.com. MORE
Los Angeles is in talks with Silicon Valley- and Saudi Arabia-based Technisoil, which specializes in alternative landscaping products, to put. Many, many peoples' trash may become Los Angeles' treasure, as the city is currently mulling a proposal to use waste plastic in the creation of bitumen—the glue that holds asphalt together. MORE
of GDP in China to nearly 6% of GDP in Saudi Arabia, where, despite two cycles of price hikes, 60% of the cost of energy products and services continued to be borne by the state. MORE
Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for decades. The decision to bring such important data to light comes as Saudi Aramco is preparing to partially privatize its assets, an IPO that could bring in some $100 billion. Saudi Arabia often trades off with Russia—and more recently, with the US—as the world’s largest oil producer. But nobody knows except the Saudis. MORE
Saudi Arabia inaugurated its first solar power plant on 1 October as it continues to diversify its energy sources. The plant was constructed by the Saudi Electricity Company (SEC) and Showa Shell Sekiyu K.K., a Japanese energy company partly owned by the Saudi Arabian Oil Company. The sun in Saudi Arabia emits about 7,000 watts of energy per square meter over an average of 12 hours every day. MORE
King Abdullah University of Science and Technology ( KAUST ), a new graduate-level research university located in Thuwal, Saudi Arabia, has commissioned UK-based Elektromotive to install 150 Elektrobay charging stations across its campus by September 2009—one of the largest single EV infrastructure deals so far. MORE
oil Middle East energy policy United Arab Emirates Saudi ArabiaGlobal oil prices have remained fairly low for most of this year, which should be good news for people in most of the industrialized world. But that's not the case in the oil-rich United Arab Emirates. The continued slump in prices has prodded the seven-state federation to make a somewhat radical change in policy. DON'T MISS: IMF: Fossil Fuels. MORE
The US shale oil industry faces an implacable foe in the current crisis: Saudi Arabia. Saudi Arabia is uniquely positioned to withstand low oil prices given that inside sources say the country has nearly $800 billion in reserves to weather the storm. At this point, Saudi Arabia’s currency reserves are roughly equal to the combined market capitalization of the entire US shale oil industry. by Michael McDonald on Oilprice.com. MORE
Energy Secretary Rick Perry signed an agreement with Saudi Arabian officials to research "carbon capture" technology for fossil fuels, the Department of Energy announced. Perry and Khalid Al Falih, the Saudi Minister of Energy, Industry, and Mineral Resources, signed a memorandum of understanding to "establish a framework for. emissions global warming climate change carbon dioxide Saudi Arabia fossil fuelsLast month, U.S. MORE
Renewable energy, especially solar, is making inroads into the U.S. power grid, but it's a very slow process. And especially in the wake of the Solyndra collapse, it's one fraught with political wrangling. But there's another country that plans to invest heavily in solar power, hoping to provide fully 30 percent of its energy needs from the sun in MORE
Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. The collaboration between the two companies will combine Air Products’ technological know-how and experience in the field of hydrogen with Saudi Aramco’s industrial experience, facilities and R&D capabilities. Al Khowaiter, Chief Technology Officer of Saudi Aramco. MORE
Whether you call them fuel-economy standards or carbon-emission limits, new vehicles sold in North America, Europe, China, and elsewhere are subject to regulations that will require them to get more energy-efficient. Now, another country is discussing new regulations that would require both new and imported used vehicles to meet minimum gas MORE
Located between Israel and Saudi Arabia, Jordan isn''t generally thought of in connection with electric cars, but its government hopes to change that with a combination of incentives and infrastructure buildup. Jordan may soon join the list of countries that heavily promote electric cars. MORE
Today, Klein says, Brazil, Canada, China, the EU, India, Japan, Mexico, Saudi Arabia, South Korea, and the US have established fuel economy or GHG emission standards for light-duty vehicles (LDVs). Fuels market analyst Tammy Klein notes that more than 40 countries are developing light-duty vehicle fuel economy standards. MORE
Lucid Motors is in talks to build an electric-car factory near Jeddah, Saudi Arabia, Bloomberg first reported Thursday. Oil-rich Saudi Arabia sounds like one of the last places on earth for an EV plant, but under MORE
Green cars Latest news crude oil prices fuel efficient car prices fuel efficient cars Kelley Blue Book Kelley Blue Book prices Saudi ArabiaWith petrol prices starting to fall, so at last are the prices for fuel efficient vehicles. According to Kelley Blue Book’s kbb.com, prices increased close to 25 per cent through 20 weeks of consecutive gains. However, values for fuel efficient used vehicles have now peaked as for the first time since January, values for compact, [.]. MORE
The record cuts set in motion in May and June by Saudi Arabia and its OPEC+ partners played a pivotal role in accelerating the improbable rebalancing of global oil markets. The recent display of restored harmony among OPEC+ heavyweights Saudi Arabia and Russia illustrates that the strategic debate within the group over price levels and market share has time to run. MORE
In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy. With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? How will Saudi Arabia Capture Market Share Downstream? Still, Saudi Arabia can likely wait out the competition. MORE
So even though Saudi Arabia has refused to constrain its production to. Gasoline prices, which fell below $2 a gallon in many parts of the United States over the winter, have been slowly rising again. And given the supply-and-demand equations in the global oil industry, that means that demand has risen as supplies have stayed steady or fallen. Green Gasoline India fuel consumption oil supply and demand MORE
Saudi Arabia continues to ratchet up production, taking market share away from US shale producers. According to OPEC's latest monthly oil report , Saudi Arabia boosted its oil output to 10.31 Saudi Arabia has increased production by 700,000 barrels per day since the fourth quarter of 2014 in an effort maintain market share. In other words, as Saudi Arabia ramps up, US shale is being forced to cut back. by James Stafford of Oilprice.com. MORE
And Lucid might build cars in Saudi Arabia. Two tech giants possibly pairing up with major automakers could change the shape of electric vehicles and mobility later in the decade. This and more, here at Green Car Reports. MORE
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. Most notably, a rise in Saudi crude-oil output could trigger a damaging period of global oversupply, said Jim Krane, the Wallace S. MORE
The Dow Chemical Company plans to invest in a best-in-class manufacturing facility for Dow FILMTEC reverse osmosis (RO) elements in the Kingdom of Saudi Arabia. The proposed facility would deliver local supply security of advanced technologies for water desalination and water re-use for potable, non-potable and industrial water serving Saudi Arabia, the surrounding Middle East and North Africa region and emerging markets worldwide. MORE
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. Tags: Electric cars Elektromotive Green cars Latest news charging points electric car charging points Elektrobays Saudi Arabia MORE
The collapse of Venezuela and Mexico and Iran’s retreat prevailed over increases in Saudi Arabia and Iraq, reducing the weight of medium sour crude oil for the first time below 40%, with impacts on price differentials and refining. The surplus in the Middle East is slightly up, due to the year-end increases of big producers (Saudi Arabia, Iraq and U.A.E.). MORE
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. Saudi Arabia is not an exception. A recent report from Capital Economics said Saudi Arabia has its problems but it could withstand lower oil prices without feeling too much of a pinch. It’s a classic rock and a hard place situation for the Saudis. by Irina Slav for Oilprice.com. MORE
Oil-rich Saudi Arabia could find itself in a vulnerable position if world economies shift away from fossil fuels for transportation over the coming decades. oil Middle East energy policy transportation policy Saudi ArabiaThe Middle Eastern kingdom is now preparing for that eventually, socking away money for a post-oil economy. The government is creating a Public Investment Fund that will eventually control $2. MORE
Imports from Saudi Arabia plunged 31.4% Pursuant to section 95489(c)(3)(B) of the Low Carbon Fuel Standard (LCFS) Regulation, the California Air Resources Board (CARB) Executive Officer has posted the final 2017 Crude Average Carbon Intensity calculation: 12.52 CI (gCO 2 e/MJ). The 2019 CI is up from 2018 (12.35) and from 2017 (11.93); volume delivered to California refineries was down, however: 584,313,143 barrels in 2019, versus 624,127,435 in 2018 and 621,246,732 in 2017. MORE
oil plug-in cars Saudi Arabia ExxonJust over five years after the first modern electric cars went on sale in significant numbers, they have become firmly entrenched in the marketplace. Carmakers are planning more electric models to satisfy both consumer demand and increasingly-strict emissions standards. But do the interests behind oil production see electric cars as a threat to. MORE
Saudi Arabia may be one of the most oil-rich nations on the planet, but even this Middle Eastern country is planning to cut its carbon emissions. That's because as other countries work to reduce oil consumption, the Saudi government is worried about what effect efforts to combat climate change will have on its national economy. Green Middle East Saudi Arabia emissions energy policy oil transportation policy MORE
Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil supply to Asian markets. Only a few decades ago, Korean companies played a vital role in Saudi Aramco’s upstream offshore growth development. Since then, they have moved into other sectors matching Saudi Aramco’s diversification strategy. MORE
Oil-rich Saudi Arabia is now starting to contemplate a future in which gasoline and diesel now longer power the majority of the world's cars. It's part of a plan known as "Vision 2030" that Saudi Arabia. oil Middle East energy policy transportation policy Saudi ArabiaOver the next decade and a half, it hopes to transition its economy away from oil, largely by investing today's oil revenues in other industries. MORE
Drones attacked two key Saudi Aramco sites in Saudi Arabia—the Abqaiq processing plant and the Khurais oil field—on Saturday; Houthi rebels claimed credit for the strikes. Saudi Aramco emergency crews contained the fires at the plants; the company announced the production suspension of 5.7 Nasser, Saudi Aramco President & CEO. The Abqaiq processing plant is a vital part of Saudi oil infrastructure. MORE
Other collaborators include researchers from Argonne National Laboratory and Stanford University in the US, Xiamen University in Mainland China, and Imam Abdulrahman Bin Faisal University in Saudi Arabia. MORE
The amount of crude oil the United States imported from its top five foreign suppliers—Canada, Saudi Arabia, Mexico, Venezuela, and Nigeria—increased slightly during 2011, even though total US crude oil imports fell to their lowest level in 12 years, according to the US Energy Information Administration. Canada, Saudi Arabia, Mexico, Venezuela, and Nigeria have consistently been America’s five largest crude oil suppliers, although their rankings varied from year to year. MORE
The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. Saudi Arabia, OPEC’s largest producer, has been boosting oil production to offset supply disruptions elsewhere, including the anticipated loss of Iranian oil supply after U.S. The Saudis are also cutting their prices to the prized Asian market to lure more customers as they increase supply. MORE
Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. The Saudis have kept their production levels high since last year in order to drive other players (especially US shale drillers) out of business. Is Saudi Arabia losing the oil price war? “It MORE
DON'T MISS: Even Saudi Arabia vows to end its. oil Middle East energy policy United Arab Emirates Saudi ArabiaCheap gasoline is good news for the economies of most countries, but not those that rely on oil exports. The sustained fall in global prices has led oil-producing countries to search for ways to keep their revenues up. In some cases, that means cutting back on cheap gas for their own citizens. MORE
Australia, Russia, Saudi Arabia and others meeting on the sidelines to promote burning coal, the leaders reached some agreements on how the Paris Climate Accords will be implemented when it goes into effect in 2020: Each. Last month, world leaders met in Poland to agree on the next steps in measuring and limiting climate change. Despite the U.S., MORE
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Green Car Reports
JANUARY 8, 2021
Lucid Motors is in talks to build an electric-car factory near Jeddah, Saudi Arabia, Bloomberg first reported Thursday. Oil-rich Saudi Arabia sounds like one of the last places on earth for an EV plant, but under
Creative Greenius
OCTOBER 14, 2018
fossil fuels News News Media Truth & Reality Saudi Arabia
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Creative Greenius
OCTOBER 14, 2018
fossil fuels News News Media Truth & Reality Saudi Arabia
Green Car Reports
JANUARY 8, 2021
And Lucid might build cars in Saudi Arabia. Two tech giants possibly pairing up with major automakers could change the shape of electric vehicles and mobility later in the decade. This and more, here at Green Car Reports.
Green Car Reports
NOVEMBER 18, 2015
Saudi Arabia may be one of the most oil-rich nations on the planet, but even this Middle Eastern country is planning to cut its carbon emissions. That's because as other countries work to reduce oil consumption, the Saudi government is worried about what effect efforts to combat climate change will have on its national economy. Green Middle East Saudi Arabia emissions energy policy oil transportation policy
Green Car Reports
APRIL 27, 2016
Oil-rich Saudi Arabia is now starting to contemplate a future in which gasoline and diesel now longer power the majority of the world's cars. It's part of a plan known as "Vision 2030" that Saudi Arabia. oil Middle East energy policy transportation policy Saudi ArabiaOver the next decade and a half, it hopes to transition its economy away from oil, largely by investing today's oil revenues in other industries.
Creative Greenius
OCTOBER 13, 2018
News News Media Truth & Reality Saudi Arabia
Green Car Reports
APRIL 5, 2016
Oil-rich Saudi Arabia could find itself in a vulnerable position if world economies shift away from fossil fuels for transportation over the coming decades. oil Middle East energy policy transportation policy Saudi ArabiaThe Middle Eastern kingdom is now preparing for that eventually, socking away money for a post-oil economy. The government is creating a Public Investment Fund that will eventually control $2.
Green Car Congress
AUGUST 15, 2018
The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. Saudi Arabia, OPEC’s largest producer, has been boosting oil production to offset supply disruptions elsewhere, including the anticipated loss of Iranian oil supply after U.S. The Saudis are also cutting their prices to the prized Asian market to lure more customers as they increase supply.
Green Car Congress
JANUARY 28, 2019
Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. The collaboration between the two companies will combine Air Products’ technological know-how and experience in the field of hydrogen with Saudi Aramco’s industrial experience, facilities and R&D capabilities. Al Khowaiter, Chief Technology Officer of Saudi Aramco.
Green Car Congress
MAY 13, 2015
Saudi Arabia continues to ratchet up production, taking market share away from US shale producers. According to OPEC's latest monthly oil report , Saudi Arabia boosted its oil output to 10.31 Saudi Arabia has increased production by 700,000 barrels per day since the fourth quarter of 2014 in an effort maintain market share. In other words, as Saudi Arabia ramps up, US shale is being forced to cut back. by James Stafford of Oilprice.com.
Green Car Congress
OCTOBER 6, 2011
Saudi Arabia inaugurated its first solar power plant on 1 October as it continues to diversify its energy sources. The plant was constructed by the Saudi Electricity Company (SEC) and Showa Shell Sekiyu K.K., a Japanese energy company partly owned by the Saudi Arabian Oil Company. The sun in Saudi Arabia emits about 7,000 watts of energy per square meter over an average of 12 hours every day.
Green Car Congress
APRIL 24, 2015
The US shale oil industry faces an implacable foe in the current crisis: Saudi Arabia. Saudi Arabia is uniquely positioned to withstand low oil prices given that inside sources say the country has nearly $800 billion in reserves to weather the storm. At this point, Saudi Arabia’s currency reserves are roughly equal to the combined market capitalization of the entire US shale oil industry. by Michael McDonald on Oilprice.com.
Green Car Congress
SEPTEMBER 13, 2017
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. Most notably, a rise in Saudi crude-oil output could trigger a damaging period of global oversupply, said Jim Krane, the Wallace S.
Green Car Reports
OCTOBER 8, 2012
Renewable energy, especially solar, is making inroads into the U.S. power grid, but it's a very slow process. And especially in the wake of the Solyndra collapse, it's one fraught with political wrangling. But there's another country that plans to invest heavily in solar power, hoping to provide fully 30 percent of its energy needs from the sun in
Green Cars News
JULY 29, 2009
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. Tags: Electric cars Elektromotive Green cars Latest news charging points electric car charging points Elektrobays Saudi Arabia
Green Car Reports
JULY 9, 2014
Whether you call them fuel-economy standards or carbon-emission limits, new vehicles sold in North America, Europe, China, and elsewhere are subject to regulations that will require them to get more energy-efficient. Now, another country is discussing new regulations that would require both new and imported used vehicles to meet minimum gas
Green Car Congress
JULY 31, 2011
The Dow Chemical Company plans to invest in a best-in-class manufacturing facility for Dow FILMTEC reverse osmosis (RO) elements in the Kingdom of Saudi Arabia. The proposed facility would deliver local supply security of advanced technologies for water desalination and water re-use for potable, non-potable and industrial water serving Saudi Arabia, the surrounding Middle East and North Africa region and emerging markets worldwide.
Green Car Congress
JULY 30, 2009
King Abdullah University of Science and Technology ( KAUST ), a new graduate-level research university located in Thuwal, Saudi Arabia, has commissioned UK-based Elektromotive to install 150 Elektrobay charging stations across its campus by September 2009—one of the largest single EV infrastructure deals so far.
Creative Greenius
OCTOBER 24, 2018
News News Media Truth & Reality Putin Russia Saudi Arabia Trump
Green Car Reports
JULY 23, 2015
oil Middle East energy policy United Arab Emirates Saudi ArabiaGlobal oil prices have remained fairly low for most of this year, which should be good news for people in most of the industrialized world. But that's not the case in the oil-rich United Arab Emirates. The continued slump in prices has prodded the seven-state federation to make a somewhat radical change in policy. DON'T MISS: IMF: Fossil Fuels.
Green Car Reports
AUGUST 4, 2016
DON'T MISS: Even Saudi Arabia vows to end its. oil Middle East energy policy United Arab Emirates Saudi ArabiaCheap gasoline is good news for the economies of most countries, but not those that rely on oil exports. The sustained fall in global prices has led oil-producing countries to search for ways to keep their revenues up. In some cases, that means cutting back on cheap gas for their own citizens.
Green Car Reports
SEPTEMBER 1, 2016
oil plug-in cars Saudi Arabia ExxonJust over five years after the first modern electric cars went on sale in significant numbers, they have become firmly entrenched in the marketplace. Carmakers are planning more electric models to satisfy both consumer demand and increasingly-strict emissions standards. But do the interests behind oil production see electric cars as a threat to.
Green Car Reports
OCTOBER 21, 2019
Los Angeles is in talks with Silicon Valley- and Saudi Arabia-based Technisoil, which specializes in alternative landscaping products, to put. Many, many peoples' trash may become Los Angeles' treasure, as the city is currently mulling a proposal to use waste plastic in the creation of bitumen—the glue that holds asphalt together.
Green Cars News
JUNE 14, 2011
Green cars Latest news crude oil prices fuel efficient car prices fuel efficient cars Kelley Blue Book Kelley Blue Book prices Saudi ArabiaWith petrol prices starting to fall, so at last are the prices for fuel efficient vehicles. According to Kelley Blue Book’s kbb.com, prices increased close to 25 per cent through 20 weeks of consecutive gains. However, values for fuel efficient used vehicles have now peaked as for the first time since January, values for compact, [.].
Green Car Reports
DECEMBER 27, 2018
Australia, Russia, Saudi Arabia and others meeting on the sidelines to promote burning coal, the leaders reached some agreements on how the Paris Climate Accords will be implemented when it goes into effect in 2020: Each. Last month, world leaders met in Poland to agree on the next steps in measuring and limiting climate change. Despite the U.S.,
Green Car Reports
JANUARY 10, 2015
Located between Israel and Saudi Arabia, Jordan isn''t generally thought of in connection with electric cars, but its government hopes to change that with a combination of incentives and infrastructure buildup. Jordan may soon join the list of countries that heavily promote electric cars.
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. Saudi Arabia is not an exception. A recent report from Capital Economics said Saudi Arabia has its problems but it could withstand lower oil prices without feeling too much of a pinch. It’s a classic rock and a hard place situation for the Saudis. by Irina Slav for Oilprice.com.
Green Car Congress
OCTOBER 23, 2020
of GDP in China to nearly 6% of GDP in Saudi Arabia, where, despite two cycles of price hikes, 60% of the cost of energy products and services continued to be borne by the state.
Green Car Congress
NOVEMBER 20, 2016
Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for decades. The decision to bring such important data to light comes as Saudi Aramco is preparing to partially privatize its assets, an IPO that could bring in some $100 billion. Saudi Arabia often trades off with Russia—and more recently, with the US—as the world’s largest oil producer. But nobody knows except the Saudis.
Green Car Reports
JANUARY 29, 2018
Energy Secretary Rick Perry signed an agreement with Saudi Arabian officials to research "carbon capture" technology for fossil fuels, the Department of Energy announced. Perry and Khalid Al Falih, the Saudi Minister of Energy, Industry, and Mineral Resources, signed a memorandum of understanding to "establish a framework for. emissions global warming climate change carbon dioxide Saudi Arabia fossil fuelsLast month, U.S.
Green Car Congress
AUGUST 7, 2020
The record cuts set in motion in May and June by Saudi Arabia and its OPEC+ partners played a pivotal role in accelerating the improbable rebalancing of global oil markets. The recent display of restored harmony among OPEC+ heavyweights Saudi Arabia and Russia illustrates that the strategic debate within the group over price levels and market share has time to run.
Green Car Congress
AUGUST 12, 2015
Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. The Saudis have kept their production levels high since last year in order to drive other players (especially US shale drillers) out of business. Is Saudi Arabia losing the oil price war? “It
Green Car Reports
MAY 20, 2016
So even though Saudi Arabia has refused to constrain its production to. Gasoline prices, which fell below $2 a gallon in many parts of the United States over the winter, have been slowly rising again. And given the supply-and-demand equations in the global oil industry, that means that demand has risen as supplies have stayed steady or fallen. Green Gasoline India fuel consumption oil supply and demand
Green Car Congress
JUNE 16, 2020
Imports from Saudi Arabia plunged 31.4% Pursuant to section 95489(c)(3)(B) of the Low Carbon Fuel Standard (LCFS) Regulation, the California Air Resources Board (CARB) Executive Officer has posted the final 2017 Crude Average Carbon Intensity calculation: 12.52 CI (gCO 2 e/MJ). The 2019 CI is up from 2018 (12.35) and from 2017 (11.93); volume delivered to California refineries was down, however: 584,313,143 barrels in 2019, versus 624,127,435 in 2018 and 621,246,732 in 2017.
Green Car Congress
SEPTEMBER 15, 2019
Drones attacked two key Saudi Aramco sites in Saudi Arabia—the Abqaiq processing plant and the Khurais oil field—on Saturday; Houthi rebels claimed credit for the strikes. Saudi Aramco emergency crews contained the fires at the plants; the company announced the production suspension of 5.7 Nasser, Saudi Aramco President & CEO. The Abqaiq processing plant is a vital part of Saudi oil infrastructure.
Green Car Congress
JUNE 27, 2019
Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil supply to Asian markets. Only a few decades ago, Korean companies played a vital role in Saudi Aramco’s upstream offshore growth development. Since then, they have moved into other sectors matching Saudi Aramco’s diversification strategy.
Green Car Congress
JULY 28, 2015
In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy. With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? How will Saudi Arabia Capture Market Share Downstream? Still, Saudi Arabia can likely wait out the competition.
Green Car Congress
DECEMBER 14, 2020
Other collaborators include researchers from Argonne National Laboratory and Stanford University in the US, Xiamen University in Mainland China, and Imam Abdulrahman Bin Faisal University in Saudi Arabia.
Green Car Congress
MAY 10, 2019
Today, Klein says, Brazil, Canada, China, the EU, India, Japan, Mexico, Saudi Arabia, South Korea, and the US have established fuel economy or GHG emission standards for light-duty vehicles (LDVs). Fuels market analyst Tammy Klein notes that more than 40 countries are developing light-duty vehicle fuel economy standards.
Green Car Congress
JULY 30, 2019
The collapse of Venezuela and Mexico and Iran’s retreat prevailed over increases in Saudi Arabia and Iraq, reducing the weight of medium sour crude oil for the first time below 40%, with impacts on price differentials and refining. The surplus in the Middle East is slightly up, due to the year-end increases of big producers (Saudi Arabia, Iraq and U.A.E.).
Green Car Congress
MARCH 28, 2012
The amount of crude oil the United States imported from its top five foreign suppliers—Canada, Saudi Arabia, Mexico, Venezuela, and Nigeria—increased slightly during 2011, even though total US crude oil imports fell to their lowest level in 12 years, according to the US Energy Information Administration. Canada, Saudi Arabia, Mexico, Venezuela, and Nigeria have consistently been America’s five largest crude oil suppliers, although their rankings varied from year to year.
Green Car Congress
NOVEMBER 18, 2015
Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn. lately due to increased competition from Saudi Arabia. by Nick Cunningham of Oilprice.com.
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