Tag Archives: North America

World energy demand will grow strongly under all scenarios. Chevron said.

The US will also consider assisting Pakistan in framing the National Energy Policy and National Electricity Plan.

The OPEC cut has boosted prices. which topped $71 a barrel this year for the first time since late 2014.

On the demand side. Birol said the IEA expected growth of around 1.4 million bpd in 2018.

Saudi Arabia’s Crown Prince Mohammed Bin Salman is expected to visit the U.S. in March.

Dominance requires tens of billions of dollars to be spent on drilling and construction of pipelines.

Production from at least one Libyan oil field has also been disrupted by a dispute over security guards’ pay.

China will be the main driver for reshaping the energy market in the upcoming years.

Tight gas from shale is expected to account for 70-75 percent of Canada’s production in 2025.

For now. it does not seem likely that OPEC will emerge as a black swan to the oil market this year.