OPEC

There’s general agreement among industry analysts that sales of electric vehicles (EVs) will continue to grow. Those same analysts, though, may not agree on the pace of growth. BloombergNEF (BNEF) in its “Electric Vehicle Outlook 2019” report said it expects yearly passenger EV sales will hit 10 million in 2025, up from just more than […]

The United Arab Emirates (UAE) is set to begin commercial operation of the Middle East’s first nuclear power plant, after the country’s regulatory agency on Feb. 17 gave its approval for the start-up of the first reactor at the Barakah site. The plant can now begin loading fuel, and Unit 1 is expected to come […]

The OPEC secretary general and Saudi Arabia’s minister of petroleum shared their views on low oil prices, shale, and climate change at IHS CERAWeek.