Indeed, during its ill-fated 2020 oil price war the Saudi Ministry of Energy said it would increase its maximum sustained capacity to 13 million bpd. So fundamentally wrong is this Saudi number that it was forced to say so in the prospectus for its latest bond Saudi Aramco stated that it ...
more than 40% of global refining capacity is in America, China, India and Japan. Saudi Arabia refines less than a quarter of what it produces; Saudi Aramco, the state oil giant, refines in northern China. Experiments with export
In Section 2 of this post, I tried to explain that a peak-oil impact is likely to be inflation. This occurs because ramping up debt to try to stimulate the economy no longer works to get additional cheap energy products from the ground. Instead of getting as many finished goods and servi...
Consequently, much of the smart money is now looking to short sell Aramco. Quite aside from the fact that its position as the key corporate tool of the key member of oil cartel OPEC could well mean that Aramco may no longer exist in its current form this time next year due to anti-...
Over the past two years, the group known as OPEC Plus has agreed to a succession of cuts to oil output. The oil producers’ assumption has been that these trims would be temporary, but they have begun to take on an air of permanence a...
Groq scores big with Saudi Aramco data center deal.AI chip startup Groq won a major contract to equip a large data center being built in Saudi Arabia by the country’s oil giant Aramco, Bloomberg Newsreported. The data center is part of the Saudi government’s effort to diversify its econ...
If the Alaskan oil pipeline was completed, how would this affect the world price of oil? How will aramco become the richest company in the world if they go public? How does Mark Zuckerberg make his wealth from Facebook? How much money do companies spend on direct-to-co...
2 Oil Firms Cut Prices of Diesel, Gas, Kerosene said diesel and kerosene prices were slashed by P1 per liter while gasoline prices were rolled back by P0.50 per liter "to reflect the reduction in pro... M Bulletin 被引量: 0发表: 0年 Saudi Aramco seen plotting cautious recovery from oi...
son left the meeting with a non-binding commitment of $45 billion over the next five years. six weeks later, the two men met again in riyadh, the saudi capital. son visited aramco, the state oil company, and spent time with the executives of the saudi sovereign wealth fund. by then ...
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