Tag Archives: International Energy Agency (IEA)

The IEA estimates that the wave of energy digitalization could lower the cost of production by 10 to 20 percent.

Iraq is the second-largest crude oil producer in the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia.

The global oil market could tighten towards the second half of 2018 if demand remains robust.

By 2022. the U.S. is expected to account for 40 percent of the world’s extra gas production.

The increase in energy consumption will come from improved living standards and higher per capita income.

Half of all additions to China’s electricity generating capacity since 2013 have been renewables or nuclear.

Leader in electricity consumption. leader in solar power and in future EV sales according to most observers.

China remained the largest destination of energy investment. taking 21% of the global total.

The International Gas Union’s 2017 World LNG Report says Japan is the top importer of LNG. followed by South Korea. with China in third place.

This production growth rate will turn the United States from a net importer of oil into a net exporter by 2025.