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"OPEC market power will return, especially for those who can produce oil in the cleanest way possible," said Amrita Sen, co-founder of the think-tank, Energy Aspects
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Aramco's production already has a so-called carbon intensity of 10.1 kg of carbon dioxide (CO2) for each barrel produced (CO2e/boe) - the lowest among its rivals - and it wants to push that down even further by the end of this year.
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Aramco's approach is in contrast to Western rivals such as BP/Shell which plan to curb spending on oil production so they can invest in renewable and green energy. Great report by
@RaniaElGamal10@DBarbuscia@marwastweetshttps://uk.reuters.com/article/saudi-aramco-strategy-insight-int/sole-survivor-saudi-aramco-doubles-down-on-oil-to-outlast-rivals-idUSKBN26S17V …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Bozorgmehr Sharafedin Retweeted
Big news for the North Sea - Premier Oil, one of the oldest E&P companies, will be acquired (technically merged) with larger rival Chrysaor.
@PremierOilplc built huge debt during the peak of the#oil boom last decade that it couldn't shake off.#OOTThttps://uk.reuters.com/article/us-premier-oil-m-a-chrysaor-idUKKBN26R0Q9 …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Bozorgmehr Sharafedin Retweeted
Honesty is always refreshing, specially when it's Iran's oil minister admitting they are forging documents to export oil in defiance of US
#sanctions. Iran's oil exports jump in September:@TankerTrackers@bozorgmehr@AlexLawler100#OOTT#Iran https://uk.reuters.com/article/us-iran-oil-exports/irans-oil-exports-jump-in-september-defying-sanctions-tankertrackers-idUKKCN26G1VA …pic.twitter.com/VKeGZkTj5p
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Bozorgmehr Sharafedin Retweeted
Thank you
@bozorgmehr and@AlexLawler100 of@Reuters for citing our research in this story about Iran's current massive uptick in crude oil & gas condensate exports.#OOTThttps://uk.reuters.com/article/iran-oil-exports/irans-oil-exports-jump-in-september-defying-sanctions-tankertrackers-idUKL5N2GM24Z …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Bozorgmehr Sharafedin Retweeted
Reuters newly launched C-19 Global Tracker. The latest global coronavirus statistics, charts and mapshttps://graphics.reuters.com/world-coronavirus-tracker-and-maps/ …
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Bozorgmehr Sharafedin Retweeted
From last night,
#Biden said in an exclusive statement to Reuters that the#Trump admin's move this week rejecting retro#biofuel waiver requests was not enough to outweigh years of granting large numbers of exemptions. https://www.reuters.com/article/idUSKBN26707N …#OOTTShow this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Traffic in some small European cities such as Geneva has even exceeded 2019 levels, TomTom data showed, as people shunned public transport
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Data provided to Reuters by the app Transit showed public transport in many cities making a much slower recovery in September compared to road traffic.pic.twitter.com/Yes8QVG50O
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Road traffic in New York, London and Paris was on a slow but steady recovery, data provided to Reuters by location technology company TomTom showed. In Moscow and Beijing, traffic was as high as pre-lockdowns levels.pic.twitter.com/lxX4uBON8X
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THREAD: Traffic picked up in cities across the globe as the summer season ended and schools opened, giving a boost to fuel demand, but the prospect of recovery remained weak as many commuters still worked from home and vehicle sales were down.https://uk.reuters.com/article/uk-global-oil-mobility/fuel-demand-rises-as-schools-open-commuters-shun-public-transport-idUKKBN2660UX …
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Bozorgmehr Sharafedin Retweeted
A
@Reuters source confirms: Bahrain to announce normalisation with Israel on Friday.Thanks. Twitter will use this to make your timeline better. UndoUndo -
Bozorgmehr Sharafedin Retweeted
Girls have been removed from the cover of a third grade math textbook in Iran. Many are reminding authorities that Maryam Mirzakhani who became the 1st woman to be awarded a Fields Medal was Iranian.pic.twitter.com/lo1sfUPA1I
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https://www.ft.com/content/e20ae4b9-bc22-4cb5-aaf6-b67c885c845c … In the first half of this year, Iraqi oil shipments to China increased almost 30 per cent from a year earlier and accounted for more than a third of Iraq’s total exports.
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Bozorgmehr Sharafedin Retweeted
I've been in touch with Nazanin Zaghari-Ratcliffe and can confirm that she was taken to court this morning and told she will face another trial on Sunday. I know many people are concerned about her welfare and I'll keep everyone updated when we have more information
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Bozorgmehr Sharafedin Retweeted
A family held hostage by traffickers. A violent police shootout on a busy street. A mother killed shielding her 3-year-old daughter from gunfire. A grim 24 hours exposes the dark side of one of the world's great cities
@RicardoMoraesRM@VigaRodrigo https://reut.rs/2QwDNdz pic.twitter.com/d7s6XHAqg2
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Bozorgmehr Sharafedin Retweeted
Iran's economy is on its knees but the the Tehran Stock Exchange is booming (sort of like the S&P500?) "Isfahan Oil Refining has roared 500% higher this year, Tehran Oil Refining is up 450% and Bandar Abbas Refining up 250%." https://reut.rs/3jeD25g
@KarinStrohecker@bozorgmehrpic.twitter.com/zUUxxGytqN
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Iran threatens to attack UAE over Israel dealhttps://www.arabnews.com/node/1720081/middle-east …
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A senior U.S. State Department official said that “it makes perfect sense for us to be strengthening (the) UAE’s defense capabilities at a time when they’re under new threats for agreeing (to) peace with Israel,” citing potential threats from Iran.https://uk.reuters.com/article/uk-israel-emirates-defence/uae-israeli-ministers-pledge-defence-cooperation-idUKKBN25L1ZT …
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