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.
Read More »IEA: OPEC Makes Solid Start to Cuts. Compliance – 90%
Some producers. notably Saudi Arabia. appeared to cut the oil output by more than originally agreed amount.
Read More »`IEA: $65 Oil `Ambitious
. Analysts are watching closely whether OPEC and non-OPEC members stick to their commitments
Read More »Asian Customers Increase Oil Imports from Iran
Iran was exempted from an OPEC deal in January to reduce output by 1.2 million barrels per day (bpd)
Read More »IEA: LNG Wave – Catalyst for Second Natural Gas Revolution
.A wave of liquefied natural gas (LNG) is the catalyst for a second natural gas revolution
Read More »IEA Study: Global LNG Markets Are Less Flexible Than Many Think
The global gas security structure should be—as much as possible—resilient to sudden shifts.
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