Aramco CEO Blasts Energy Transition “Fantasy” At CERAWeek 2024

Credit to Author: Steve Hanley| Date: Wed, 20 Mar 2024 06:24:15 +0000

CERAWeek 2024 featured an address by Aramco CEO Amin Nasser in which he called a transition away from fossil fuels “a fantasy.”:

The post Aramco CEO Blasts Energy Transition “Fantasy” At CERAWeek 2024 appeared first on CleanTechnica.

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United States Produces More Crude Oil Than Any Country, Ever

Credit to Author: US Energy Information Administration| Date: Tue, 12 Mar 2024 03:16:32 +0000

The United States produced more crude oil than any nation at any time, according to our International Energy Statistics, for the past six years in a row. Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d) in 2023, breaking the previous U.S. and global … [continued]

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How Low (& How Green) Can Solar Cells Go? The Magic Word Is Kerfless

Credit to Author: Tina Casey| Date: Fri, 02 Jun 2023 16:35:52 +0000

solar cell silicon wafer nexwafeThe silicon wafer NexWafe says buh-bye kerf, hello low-cost, lightweight, flexible solar cells.

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Kenya Signs Deals To Import Fossil Fuels On Credit For 6 Months To Relieve Pressure On Demand For Foreign Currency

Credit to Author: Remeredzai Joseph Kuhudzai| Date: Fri, 17 Mar 2023 13:20:02 +0000

Kenya recently signed some deals with firms from Saudi Arabia and the United Arab Emirates (UAE) to supply diesel, petrol, and jet fuel on credit for the next 6 months to ease mounting  pressure on the demand for foreign currency as well as to try to stem the Kenya shillings slide vs. the US dollar […]

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Elon Musk: Tesla Could Be Worth More Than Apple + Saudi Aramco. Stock Market: Not So Fast.

Credit to Author: Zachary Shahan| Date: Thu, 20 Oct 2022 03:57:07 +0000

On the Tesla conference call today, the #1 headline grabber was that Tesla CEO Elon Musk now thinks Tesla [NASDAQ:TSLA] could one day become more valuable than Apple and Saudi Aramco currently are combined. That would entail a massive increase in Tesla’s market cap, as the chart below shows. On this afternoon's $TSLA earnings call, […]

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Saudi’s Aramco IPO Goes From Bad To Worse With New Middle East War Starting

Credit to Author: Paul Fosse| Date: Sun, 05 Jan 2020 01:36:13 +0000

The Saudi government sold off a small 1.5% share of the largest oil company in the world (Aramco) about a month ago. Aramco has huge reserves and it has proven it can produce that oil at a low cost. This oil doesn’t require risky deep sea platforms, fracking, or traveling to the Arctic circle to drill

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Sempra, Saudi Aramco Have 20-Year Deal for LNG

Credit to Author: Darrell Proctor| Date: Wed, 22 May 2019 19:11:20 +0000

Saudi Arabian Oil Co., better known as Saudi Aramco, on May 22 signed a 20-year agreement to buy liquefied natural gas (LNG) from a Texas export terminal being developed by California-based Sempra Energy. The two companies confirmed the deal is a sale-and-purchase agreement for 5 million tonnes per annum (MTPA) of LNG, which is equal […]

The post Sempra, Saudi Aramco Have 20-Year Deal for LNG appeared first on POWER Magazine.

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