Good Quote by Fatih Birol

“I think, for OPEC, the main challenge is to have a price level which brings good profits to them, good incentives for the investments, but at the same time, to prevent prices going to very high levels.” quote by Fatih Birol — Download Open image

“I think, for OPEC, the main challenge is to have a price level which brings good profits to them, good incentives for the investments, but at the same time, to prevent prices going to very high levels.”

Fatih Birol

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Humanity's future, to say nothing of its prosperity, will depend on how the world tackles two central energy challenges: securing reliable supplies of affordable…

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We are on the brink of a new energy order. Over the next few decades, our reserves of oil will start to run out and it is imperative that governments in both producing and consuming nations prepare now for that time. We should not cling to crude down to the last drop – we should leave oil before it leaves…

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I always thought that using more efficient energy sources, pushing the clean energy technologies such as renewable energies are important.

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Just 8% of the $409bn spent on fossil-fuel subsidies in 2010 went to the poorest 20% of the population.

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Governments have always played an important role in energy investment, but this role has been increasing due to both geography and technology.

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The developed, oil-consuming countries can do several things to ease the transition to the new energy order. One would be to boost vehicle efficiency.

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If production does not increase in Iraq in an exponential way between now and 2015, we have a very big problem, even if Saudi Arabia meets its obligations. The figures are very simple, you do not need to be an expert. It is enough to know how to do a subtraction. China will grow very quickly, India also, and even…

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