Post Tagged with: "green transition"

Source: CNBC

Saudi energy minister pins Aramco’s oil capacity halt on green transition

CNBC

Saudi’s state-controlled oil giant Aramco suspended its capacity expansion plans because of the green transition, Energy Minister Abdulaziz bin Salman said Monday, stressing that the future of energy security lies with renewables.

“I think we postponed this [Aramco capacity] …

February 12, 2024 - 12:30 pm — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, Exploration and Production (E&P), International, Middle East
Source: CNBC

Europe’s green transition has been ‘management by chaos,’ energy expert says

CNBC

Europe’s handling of the transition to a green economy has been “management by chaos” and high energy prices could persist until 2025, according to Johannes Benigni, chairman of analysis firm JBC Energy.

Natural gas futures soared to 13-year highs …

October 12, 2021 - 2:30 pm — Carbon Capture, Climate Change, Closing Bell Story‎, CO2 Capture, Crude Oil News, Energy News
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