Tag Archives: International Energy Agency (IEA)

After two years of unprecedented decline. IEA expects global upstream oil and gas investment to stabilize in 2017.

Brazil becoming a relevant exporter is complicating OPEC’s efforts to control prices through supply cuts.

In both the United States and the European Union. nuclear energy is the largest low-carbon source of energy.

Iraq has undertaken the second largest cut in oil output after Saudi Arabia among the participants of the OPEC deal signed last year in Vienna.

The country’s natural gas consumption has continued to grow as has natural gas’s role in Saudi Arabia’s current energy mix.

The other project. CarbonNet. is a A$150 million government study in the state of Victoria.

Qatar pumps just over 600.000 barrels a day of crude and exports some 500.000 barrels a day. almost exclusively to Asia.

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.

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.

Global oil supply fell by 140.000 bpd in April to 96.17 million bpd.