Tag Archives: Fatih Birol

The United States led the world in oil production for much of the 20th century.

LNG is progressively taking a larger share in global gas trade. especially in Asia.

Many countries like Denmark are investing in solar and wind energy technologies.

Venezuela'.s Nicolas Maduro won the presidential election for another six-year term.

OPEC’s Secretary General has been a strong advocate of advancing dialogue and cooperation among producers and consumers.

The IEA sees demand for OPEC oil actually declining in absolute terms over the next few years .

China is poised to become the top importer while the US leads output.

India follows China in terms of growth in the demand for oil.

On the demand side. Birol said the IEA expected growth of around 1.4 million bpd in 2018.

China will be the main driver for reshaping the energy market in the upcoming years.