ENERGY

Authored by Simon Watkins via OilPrice.com,

• Saudi Arabia aims to become a major gas exporter by 2030, as part of its 'Vision 2030' plan.

• Saudi Aramco announced over $25 billion in contracts for gas sector expansion.

• Despite these efforts, Saudi Arabia's projected gas output by 2030 may still fall short of covering its own power needs.

Saudi Arabia may be the third largest producer of crude oil in the world, after the U.S. and Russia, but (more…)

Authored by Mike Shedlock via MishTalk.com,

Scientists have done some amazing things but not all of them have practical application, at least yet. Fusion is a great (more…)

Authored by Irina Slav via OilPrice.com,

• Labour's proposed policies aim to accelerate the UK's energy transition while relying heavily on the taxation of oil and gas profits to fund these initiatives.

• Potential tax increases and a phase-out of new oil and gas drilling licenses could discourage investment and lead to a decline in the UK's energy sector.

• Labour's plans could have broader implications for the country's overall economy and its (more…)