Page 2 - கிங் அப்துல்லா பெட்ரோலியம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Fahad Alajlan replaces Adam Sieminsky as KAPSARC president
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Sunshine-rich Gulf slow to adapt solar, clean energy
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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.
Saudi Economy to Grow by 12 7 Percent in 2021
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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.