Saudi Arabia eyes a future beyond oil - The Japan Times
The kingdom is trying to juggle its still-vital petroleum industry with alternative energy sources like wind and solar as it faces pressure to lower carbon emissions.
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The kingdom is trying to juggle its still-vital petroleum industry with alternative energy sources like wind and solar as it faces pressure to lower carbon emissions.
Abu Dhabi National Oil Co. (ADNOC) is likely to reach its 5 Mln bpd goal by the end of next year or early 2026,
Abu Dhabi National Oil Co.(ADNOC) is likely to reach its 5 MMbpd goal by the end of next year or early 2026, ahead of the 2027 goal the company had set, according to people with knowledge of the operations. The higher capacity will be a potential source of tension as OPEC and its allies deliberates new production quotas later this year.
New measures to punish Iran, Venezuela, and Russia could raise crude prices and hurt Biden in an election year.
New measures to punish Iran, Venezuela, and Russia could raise crude prices and hurt Biden in an election year.