Source: BP Statistical Review of World Energy 2016, QNB
Category: Energy
Solar Energy cost will be cheaper than coal within 10 years
Solar power is now cheaper than coal in some parts of the world. In less than a decade, it’s likely to be the lowest-cost option almost everywhere.… Read more “Solar Energy cost will be cheaper than coal within 10 years”
Which countries are most vulnerable to climate change?
In April 2016, twenty-three new countries were added to the list of countries highly vulnerable to a warming planet. Read More @ MEEDAH INSIGHTS
Low Oil could create higher risks for all oil producing nations
If $50 per barrel oil becomes the new global norm, then countries with large populations, low oil reserves, and an overdependence on oil could become severely stressed.
Gulf Stock Markets Enter Bull Market
Doha’s benchmark gauge advances more than 20% since Jan. 18 2016; Saudi shares up 17% from low; Trading in Kuwait rises; Abu Dhabi’s ADX General Index entered… Read more “Gulf Stock Markets Enter Bull Market”
World GDP Growth Rates Since 2000
Source: Bloomberg
OPEC Loses (and Reclaims) Market Share from U.S. Shale
According to the EIA, U.S. Shale losses will accelerate next year with a drop of 390,000 barrels a day in annual average production to 8.86 million barrels a… Read more “OPEC Loses (and Reclaims) Market Share from U.S. Shale”
U.S. oil output almost back down to level of last OPEC meeting held in Nov 2014
Sources: U.S. EIA, Bloomberg, Societe Generale
U.S. oil production in 2014 increased to the highest level since record-keeping began in 1900
According to the EIA (in April 2015), U.S. oil production in 2014 rose by 1.2 barrels per day (bpd) to 8.7 M/bpd. On a percentage basis, 2014… Read more “U.S. oil production in 2014 increased to the highest level since record-keeping began in 1900”
Top 10 influential people in Middle East oil and gas for 2014
A look at the most powerful and influential people in oil and gas within the Middle East and GCC (in particular) in 2014. 1. Khalid Al-Falih – President… Read more “Top 10 influential people in Middle East oil and gas for 2014”
Saudi Arabia is burning through its foreign reserves at a record rate as the kingdom seeks to maintain spending plans despite lower oil prices
The latest data from the IMF show Saudi Arabia’s foreign reserves dropped by $16bn to $708bn in March 2015. This has mainly been driven by public sector… Read more “Saudi Arabia is burning through its foreign reserves at a record rate as the kingdom seeks to maintain spending plans despite lower oil prices”
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