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CO2-Enhanced Oil Recovery For Decarbonization

CO2-Enhanced Oil Recovery For Decarbonization May 3, 2021 6:30:pm Summary In a future in which the energy system faces dual challenges – addressing carbon concerns and transitioning away from hydrocarbons altogether – reducing the carbon impact of fuels will become a key tool in meeting climate and energy goals. by: Colin Ward, OXFORD INSTITUTE FOR ENERGY STUDIES (OIES) Posted in: CO2-Enhanced Oil Recovery For Decarbonization As an example, jet fuel is very difficult to substitute due to the low energy density of batteries and the high cost of alternatives like hydrogen, making an upstream solution the only option until technology and costs evolve. Thus, making the best of the existing energy supply chain through decarbonization is a realistic and cost-effective option for the mid-term and warrants investigation.

Strong growth forecast for Saudi economy

RIYADH: Economists forecast that the Saudi economy will grow significantly bigger over the coming decade with the size of every sector expected to increase. The Kingdom’s finance, insurance, real estate and business sectors are likely to expand by 9 percent annually and their relative share to overall economic activity will grow by 12.7 percent. A paper titled “Economic Diversification Under Saudi Vision 2030: Sectoral Changes Aiming at Sustainable Growth,” published by the King Abdullah Petroleum Studies and Research Center (KAPSARC), discussed the macroeconomic and structural transformation of the Saudi economy under the Vision 2030 program. KASPARC’s researchers in the energy and macroeconomic programs, David Havrlant and Abdulelah Daradary, explained that economic diversification would make the Kingdom’s economy more resilient to external demand shocks, help to create higher-skilled jobs, and establish a knowledge-based economy.

KAPSARC Data Insight shows drop in railway demand by 60% last year due to COVID-19

April 19, 2021 Abdulrahman Alwosheel, a senior research analyst in the Transport and Urban Infrastructure program at KAPSARC. RIYADH Saudi Arabia’s early measures to combat the spread of COVID-19 led to a drop in rail demand by 60% last year to 0.7 million passengers in 2020, compared with 1.8 million passengers in 2019, according to a recent Data Insight published by the King Abdullah Petroleum Studies and Research Center (KAPSARC). The researcher Abdulrahman Alwosheel, a senior research analyst in the Transport and Urban Infrastructure program at KAPSARC, mentioned that rail passenger demand in the Kingdom has increased by 8% per year over the past six years, from 1.25 million passengers to around 1.8 million in 2019.

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