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OPEC+ jolted markets by announcing it would flood the market with more oil.
Solar energy now makes up almost 20 percent of the grid’s capacity and 40 percent of new gigawatts in line for ...
ONGC Videsh plans to commission its $20 billion Mozambique LNG project by late 2027 or early 2028. Force majeure may soon lift, enabling progress. ONGC targets 10 GW renewable energy by 2030 and ...
“The Canadian energy regulator, as well as the International Energy Agency, are telling us that probably by 2028, 2029, demand for oil will peak globally and it will also peak in Canada.” ...
The 2028 Games (July 14-30) will host 10,500 athletes in 31 sports. “We’ve promised the world an incredible Olympic Games and today we’re proud to share the plan that will make it happen ...
President Trump’s “drill, baby, drill” mantra is roaring back, promising cheaper oil and American energy dominance. But will it work? Energy analyst and consultant Art Berman joined Jim Puplava to ...
From 2022 to 2026, about 80% of the increase in World C+C output came from the US increase in C+C output. If the above forecast proves accurate, I expect World output will peak by 2028.
India’s refined oil products demand to peak later than in other major economies In 2024, the gas sector gained momentum, with consumption increasing by 10% and LNG imports rising by 25%.
MarketsandMarket s’ Energy team estimates oil demand will peak between 2032 and 2035, reaching 106.8 million barrels/day, then decline to about 86.5 million barrels/day by 2050.
World demand in 2028 will reach 111 million b/d, OPEC said, and 112.3 million b/d in 2029. The 2028 figure is up 800,000 b/d from last year’s prediction.
We assume oil (West Texas Intermediate) prices in 2024 and 2025 will average $78 and $72 a barrel. In the same years, natural gas (Henry Hub) prices are expected to average $2.36 and $3.36 per ...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand prediction By Spencer Kimball,CNBC • Published June 13, 2024 • Updated on June 13, 2024 at 3:26 pm ...