The other project. CarbonNet. is a A$150 million government study in the state of Victoria.
Read More »IEA: Qatar Sanctions May Affect Tanker Loadings
Qatar pumps just over 600.000 barrels a day of crude and exports some 500.000 barrels a day. almost exclusively to Asia.
Read More »World`s Energy System Not On Track to Meet Climate Goals: IEA
From 2010 to 2015. renewable power generation grew by more than 30 percent and is forecast to grow by another 30 percent between 2015 and 2020.
Read More »OPEC`s Decision May Support Oil Prices within $50-55
Non-shale non-OPEC production. which has been resilient so far. is likely to require material reinvestment in new and existing projects over the coming years.
Read More »IEA: Global Oil Market Rebalancing Speeds Up
Global oil supply fell by 140.000 bpd in April to 96.17 million bpd.
Read More »India’s 2030 Target to Sell Only Electric Cars Very Ambitious
Companies including Volvo Cars. BMW AG and Toyota Motor Corp. sell electric or hybrid cars in India.
Read More »IEA: Oil Discoveries Dropped to Record Low in 2016
Oil discoveries fell to 2.4 billion barrels in 2016. compared to an average of 9 billion barrels over the past 15 years.
Read More »IEA: Oil Market Could Tilt into Deficit
Within OPEC. Saudi Arabia has shouldered the burden of the production cuts. offsetting poorer compliance by other nations.
Read More »France Becomes Net Power Importer
France’s capacity to import electricity from its neighbors increased by 30% to 12.2 GW in the 2016 2017 winter period.
Read More »Iran and Iraq to Ramp Up Oil Production Despite OPEC Cuts
According to the IEA. Iraq will increase its output to 5.4 million barrels per day by 2022.
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