EDITION 12.5 Saudi Arabia's
Oil Minister not only endorses energy efficiency and renewable energy, a complete reversal of his previous stance, but he calls global warming «among humanity's most pressing concerns.»
Not exact matches
NEW YORK, April 23 - Global benchmark Brent crude turned positive on Monday, after dropping earlier after Iran's
oil minister said OPEC would
not extend its production cap pact if high crude
oil prices continued.
Nonetheless, Saudi Arabia's economy is still largely predicated on
oil and, with
oil prices rising on the back of Saudi - led OPEC and non-OPEC producers curbing
oil supply, the kingdom's finance
minister said he welcomed higher prices but they would
not affect spending limits.
However, HSBC notes that
not only will new
ministers not change Saudi's stance on
oil, they'll also leave policy around Saudi Arabia's currency, the riyal, largely unchanged.
Share: FacebookTwitterLinkedinGoogle + emailYou wouldn't know it from the media coverage, but the biggest energy story coming out of last week's visit to Canada by Indian Prime
Minister Narendra Modi had nothing to do with
oil and gas prospects, or uranium.
Oil prices rallied after Israeli Prime
Minister Benjamin Netanyahu said Iran had lied about
not pursuing nuclear weapons after signing a 2015 deal with global powers.
Oil prices rallied after Israeli Prime
Minister Benjamin Netanyahu said that Iran had lied about
not pursuing nuclear weapons and had continued to preserve and expand its nuclear weapons knowledge after signing a 2015 deal with global powers.
When Gilles Duceppe asked about the risks entailed in offshore
oil excavation, the Prime
Minister didn't even bother to stand.
«Speaking to members of the Scottish Parliament in Edinburgh, the Scottish Environment
Minister Paul Wheelhouse said the ban should be extended «indefinitely» and that «the Scottish government will
not support the development of unconventional
oil and gas in Scotland.»
In his year - end interviews, and in the final days of the fall sitting of the House of Commons, Prime
Minister Stephen Harper said it would be crazy to impose additional costs on Canada's
oil and gas sector in a time of low prices if the U.S. was
not enacting similar carbon emission policies.
One possible fix: Finance
Minister Joe Oliver might simply forecast a sufficient
oil - price rebound in his budget, knowing whether or
not he got it right won't be evident until months after the election anyway.
Iran's current crude
oil output level will not be reduced under the extension of the OPEC production cuts, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Thursd
oil output level will
not be reduced under the extension of the OPEC production cuts, Iranian
Oil Minister Bijan Zanganeh was quoted as saying on Thursd
Oil Minister Bijan Zanganeh was quoted as saying on Thursday.
While we don't know anything about Linda Cook's political affiliations, it would be a safe bet that the Harbour Energy principal would be backing President Donald Trump in his Twitter war with the Saudi
oil minister over just what the appropriate direction of
oil prices should be.
Russia is
not as dependent on the price of
oil as it was five or ten years ago, the
minister noted, and said:
B.C. taxpayers can't afford these sorts of sweetheart deals in a time of austerity, especially when the
Minister of the Environment admitted that the fees paid by Nestle and
oil and gas companies likely wouldn't even pay the government's bill for administration related to the legal changes.
Kuwait's deputy foreign
minister Khaled Jarallah said
oil exporting countries must freeze production and the market could
not support a production increase from Iran, state news agency KUNA reported on Continue Reading
As Abdelkarim, Nasser and freshman Saudi
oil minister Khalid Al - Falih make their rounds in regional and international conferences this week, their contrasting can and can't - do attitudes makes one thing clear: The Kingdom is far more interested in its long - term economic and geopolitical goals than alleviating its short - term
oil profitability problem with and for its OPEC partners.
«Iraq's legitimate demands should
not be perceived as an obstacle to reaching a new agreement to freeze production,» Iraqi
oil minister Jabbar al - Luaibi said, according to Bloomberg.
Riyadh — Mubasher: Saudi Arabia won't amend its economic reform plans after
oil prices have turned a corner,
Minister of Finance Mohammed bin Abdullah Al - Jadaan said.
Notably, Iran and Iraq have
not sent their
oil ministers to Istanbul, in a sign that no important decisions would emerge this week, or that whatever decision was made would
not involve them.
Saudi Arabia's energy
minister, Khalid al - Falih, also re-invigorated the market on Monday saying he was optimistic that major
oil producers will agree to cut production by November, and that $ 60 - a-barrel prices were
not out of the question.
Oil Minister Dharmendra Pradhan had last month denied reports of a directive to state oil firms to absorb at least Re 1 a litre of hike by not raising prices in line with co
Oil Minister Dharmendra Pradhan had last month denied reports of a directive to state
oil firms to absorb at least Re 1 a litre of hike by not raising prices in line with co
oil firms to absorb at least Re 1 a litre of hike by
not raising prices in line with cost.
A preamble to an Act can
not creates rights and obligation for persons but it can and should be used in the interpretation of the Act, and especially open textured provisions of the Act such as the power of the
Minister under s 2 (3)(c) to consider any matter she considers relevant when making an order to require a person to obtain a licence for the export of natural gas, crude
oil or refined fuels.
Oil prices probably won't rise much beyond recent highs near $ 75 a barrel, according to Oman's oil minist
Oil prices probably won't rise much beyond recent highs near $ 75 a barrel, according to Oman's
oil minist
oil minister.
Gordon Brown's call for a nationalisation of North Sea
oil has left the industry cold - but then energy firms aren't the former prime
minister's target audience, are they?
The
Minister who appeared before the Senate Committee on Petroleum (downstream) on Thursday, also said its a shame that Nigeria can
not refine its crude
oil after 40 years of activities in the downstream.
Mr Halfon summarised his argument for ConHome this morning, so there's
not much need to re-state the case for an investigation into the
oil market, but it is worth noting the response of the newly appointed
Minister of State for Energy and Climate Change, John Hayes.
By now, he (Kachikwu), should know that he is
not the only
Minister in the oil and gas industry, the president is also a minister there
Minister in the
oil and gas industry, the president is also a
minister there
minister there.»
A state - owned
oil company which can award contracts worth billions of dollars without the knowledge of the
minister of state for petroleum who is also chair of its board, and which can administer a petrol subsidy scheme that is
not budgeted for is probably
not an epitome of anti-corruption!
To show he is
not about to pull any punches, Buhari has gone after Diezani Alison - Madueke, the first female to be made
Oil Minister in charge of the sprawling Nigerian oil indust
Oil Minister in charge of the sprawling Nigerian
oil indust
oil industry.
My tweet of Friday April 20, 2018 was typical of the reaction, «Actually Buhari was describing himself - he didn't get a good education and has no certificate; he's lived on the Nigerian state all his life; he doesn't like work; and he's fixated on Nigeria's
oil...» In truth, Buhari has
not presented evidence of completing secondary school - in all the elections he contested, including in 2015 he tendered affidavits to INEC and has declined to perform the simple task of providing his school certificate; since he joined the army in 1961, he has been a «ward» of the Nigerian state and served in multiple states as military governor, as
Minister of Petroleum and Chairman of NNPC board under illegal military regimes; he was himself an unconstitutional military head of state; he was Chairman of Petroleum Trust Fund (PTF) under the despotic and thieving dictator, Abacha; and is now back as civilian president.
When a member of the Nzema Maanle Council threatened secession from Ghana to Ivory Coast as a result of lack of payment of their
oil royalties, weren't both the Petroleum
Minister and Ghana Gas CEO at the time from Nzema?
The former
Minister indicated that the current projection on
oil revenue do
not look promising to reach a double of what accrued in previous years, hence will definitely
not be sufficient to fund Free SHS.
President Nana Addo Dankwa Akufo - Addo has been admonished
not to sit unconcerned in the ongoing spat between the Managing Director of the Tema
Oil Refinery (TOR) and the
Minister of Energy.
«Robert Halfon MP: Conservatives should believe in good business,
not big business - as the
oil market shows Main John Baron MP: Why is the Prime
Minister taking so long to answer our European referendum letter?»
CEO of the Tema
Oil Refinery (TOR), Isaac Osei, has said he is not in favour of a proposal by Energy Minister Boakye Agyarko to convert Ghana's only crude oil refinery into a tank fa
Oil Refinery (TOR), Isaac Osei, has said he is
not in favour of a proposal by Energy
Minister Boakye Agyarko to convert Ghana's only crude
oil refinery into a tank fa
oil refinery into a tank farm.
No one is blaming her for the collapse of
oil prices in the international market but that after a cumulative 8 years as finance
minister, public finance is so heavily dependent on
oil that the Federal and state governments can
not pay their workers» salaries says a lot about the quality of management she did.
General News of Saturday, 19 May 2018 Source: 3news.com President Nana Addo Dankwa Akufo - Addo President Nana Addo Dankwa Akufo - Addo has been admonished
not to sit unconcerned in the ongoing spat between the Managing Director of the Tema
Oil Refinery (TOR) and the
Minister of Energy.
I like the quote from a Saudi
Oil Minister who once said,» They didn't end the stone age because they ran out of stones.
France's ecology
minister, Ségolène Royal, really doesn't think consumers should eat products containing palm
oil.
«We don't have much worry about Japan's
oil supplies,» Tanaka said after a meeting with Norway's foreign
minister.
Even OPEC
oil ministers do
not make that claim.
Indonesia: No more rainforest clearing for palm
oil Indonesia: No more rainforest clearing for palm
oil mongabay.com June 5, 2007 Indonesian
Minister for Environment Rachmat Witoelar said Indonesia will
not...
If Goldacre really wants to stick his neck out, why doesn't he try arguing against a rich, powerful, bullying Climate - Change establishment which includes all three British main political parties, the National Academy of Sciences, the Royal Society, the Prince of Wales, the Prime
Minister, the President of the USA, the EU, the UN, most schools and universities, the BBC, most of the print media, the Australian Government, the New Zealand Government, CNBC, ABC, the New York Times, Goldman Sachs, Deutsche Bank, most of the rest of the City, the wind farm industry, all the Big
Oil companies, any number of rich charitable foundations, the Church of England and so on?
We actually don't know for sure that Enbridge is behind the so - called Ethical
Oil Institute, a phony grassroots organization that was established by Ezra Levant and run for most of its first year by Prime
Minister Stephen Harper's current Director of Planning, Alykhan Velshi.
Environment
Minister Peter Kent says
oil sands opponents «treacherous» Reuters «The right - of - center Conservative government was taken aback last week when the U.S. administration delayed approval of TransCanada Corp's proposed Keystone XL pipeline... Much to Kent's anger, two members of Parliament from the opposition New Democrats went to Washington this week to argue the pipeline should
not go ahead until Canada has come up with a better plan to combat climate change.»
«
Oil - tanker transportation through the straits is
not sustainable anymore,» Turkish Environment
Minister Veysel Eroğlu said last week following a meeting between government officials and representatives of 20 energy companies, including Exxon Mobil, Shell, Chevron, and BP.
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That point may be reached long before the actual resource is consumed, as pointed out by former Saudi
Oil Minister Sheikh Yamani in 1973: «The stone age didn't end because we ran out of stones.»
Israeli Defense
Minister Avigdor Lieberman probably didn't think he'd stabilize Lebanese politics when he challenged an
oil and gas license.