The report notes while many EU countries are struggling to reach their 32% renewable energy usage target by 2030. nations such as Paraguay and the Democratic Republic of the Congo are already producing 100% renewable energy.
Read More »China’s Clean Energy Switch is Driving Natural Gas Demand
China is seeing significant growth in demand for natural gas as the government encourages a switch from coal to cleaner energy.
Read More »Oil Market will Remain Oversupplied despite OPEC+ Pact
The biggest reduction is expected to be in U.S. shale output.
Read More »Shale still Challenging OPEC’s Output Strategy
The key mathematics of US shale oil growth have become more challenging. partly because of the rapid growth achieved in 2018.
Read More »India`s Oil Demand to Double in Next Two Decades
The Indian government has been engaged in a major effort to introduce electric vehicles and use renewable energy for transport.
Read More »IEA Sees Calm Global Oil Market in 2020 as New Supplies Soar
In the short term. the market ought to pick up as global oil demand growth accelerates.
Read More »China. India are the Problem and Solution for Coal. Climate Change
Coal is responsible for 30 per cent of all energy-related carbon dioxide emissions.
Read More »OPEC+ Faces Competition from Rivals’ Rising Output
Sluggish refinery activity in the first three quarters has caused crude oil demand to fall in 2019 for the first time since 2009.
Read More »US Shale Output to Overtake Oil and Gas Production from Russia by 2025
Shale output from the United States stays higher for longer. reshaping global markets. trade flows and security.
Read More »Fossil Fuel Reliance Remains Stubbornly High
The global value of fossil fuel consumption subsidies in 2018 was nearly double the combined value of subsidies for renewable energy and electric vehicles.
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