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HomeSaudi Arabia

Saudi Arabia

Oil Barrels -ENB
Crude Oil News

OPEC+ Meeting Ends: Cartel Won’t Produce Extra Crude – Nor will they next month

November 6, 2021 Stu Turley

ENB Publishers Note: Note that when Saudi Arabia announced several months ago that they are planning on having a budget surplus at the end of 2022, those numbers are banking on oil over $90. Saudi […]

The G20 Summit and OPEC are both saying the same thing - The world needs energy - But only Saudi's indicate a "inclusive energy transition."
Climate Crisis

The G20 Summit and OPEC are both saying the same thing – The world needs energy – But only Saudi’s indicate a “inclusive energy transition.”

October 31, 2021 Mariel Alumit

This weekend it is great fun watching the G20 leadership talking about climate change, and how we need to impose the will of the industrialized nations upon the rest of the world. African countries have […]

Saudi Aramco - ENB
Commodities

Aramco Warns World’s Spare Oil Supplies Are Falling Rapidly

October 26, 2021 Mariel Alumit

Saudi Aramco said oil-output capacity across the world is dropping quickly and companies need to invest more in production. It’s a “huge concern,” Chief Executive Officer Amin Nasser said in an interview in Riyadh, Saudi Arabia’s […]

green vs coal - ENB
CO2 & GHG

What are our next steps in the Energy Crisis? How do we pick up the pieces on the road to renewable energy?

October 26, 2021 Mariel Alumit

In my article this past Friday I ended with this: Let’s pull together and “Spend Our energy moving forward together towards an answer.” –  Jay That seems like a good plan, but let’s throw some meat at […]

ENB Pub Note

Saudi Arabia to Use $110 Billion Gas Field for Blue Hydrogen – If energy was a chess game the rest of the world would be playing checkers

October 24, 2021 Mariel Alumit

ENB Publishers Note: You have to hand it to Saudi Arabia, taking the lead to increase oil prices, start a consortium with Russia for natural gas and get into the driver’s seat for Blue Hydrogen. […]

Crude Oil News

When the chips are down, double down by increasing the migration to renewable says the IEA

October 18, 2021 Mariel Alumit

The IEA director just announced that energy prices are likely to keep going up unless we have greater investments in renewables. Posted today on Oilprice.com today. He said, “There is a looming risk of more […]

Commodities

The Facts Behind Saudi Arabia’s Outrageous Oil Claims

October 18, 2021 Mariel Alumit

Last week, Saudi Aramco’s chief executive officer, Amin Nasser, said that the company expects to boost its oil production capacity to 13 million barrels per day (bpd) by 2027. The EIA defines spare capacity very […]

Commodities

Don’t Expect OPEC to Keep You Warm This Winter

October 17, 2021 Mariel Alumit

Skyrocketing prices for natural gas, coal and electricity are putting extra pressure on oil markets, boosting demand as industries and power generators seek to switch to liquid fuels to keep a lid on costs. But […]

Commodities

Saudi Arabia’s Oil Revenue Surges Ahead of OPEC+ Meeting – Will Have Cash Surplus In 2023

October 3, 2021 Mariel Alumit

Petrodollars are once again flowing in for Saudi Arabia. The kingdom is earning more money from oil exports than at any time since 2018, as the global economic recovery and OPEC+ production cuts boost prices. […]

Crude Oil News

OPEC+ Will Drive Oil Prices Over Coming Months, Says Vitol

October 3, 2021 Mariel Alumit

The OPEC+ cartel’s production policy will be the main factor influencing oil prices over the coming months, according to Vitol Group. There’s little chance of Iranian barrels returning to global markets this year and U.S. shale […]

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