Saudi Aramco IPO pits foreign investors against Saudi citizens
Imagine how shareholders would react if Exxon Mobil gave away a third of the oil it produced, rather than selling it at market prices. There would be hell to pay, right?
Imagine how shareholders would react if Exxon Mobil gave away a third of the oil it produced, rather than selling it at market prices. There would be hell to pay, right?
“Biofuels can play a significant role for reducing carbon intensity in transportation, provided the politics and/or economics don’t derail their viability. Those hurdles are significant.”
Paired with sanctions on individual human rights abusers, an oil embargo has the best chance of reversing the Maduro regime’s behavior.
President Trump faces a dilemma: He wants to get tough on foes like Venezuela, but that could cause gas prices to jump in the United States.
Britain will ban the sale of new petrol and diesel cars from 2040 in an attempt to reduce air pollution that could herald the end of over a century of reliance on the internal combustion engine.
Nicolas Maduro, the president of Venezuela, surely goes down as leader of the most dysfunctional, basket case country in Latin America.
If tree-covered skyscrapers act like enormous air filters, this cluster of buildings will be a clean air oasis.
Mexico will delay its next offshore oilfield auctions by a month, giving international bidders more time to evaluate recent major crude discoveries that highlight the potential value of the assets.
As Elon Musk races to finish building the world’s biggest battery factory in the Nevada desert, China is poised to leave him in the dust.
Global automakers have urged China to delay and soften planned quotas for sales of electric and hybrid cars, saying its proposals will be impossible to meet and would severely disrupt their businesses.