The UK will not commit to stopping new oil exploration in the North Sea despite warnings from the IEA that there can be no more oil and gas investments if the world wants to hit […]
Getting to net-zero CO2 emissions by 2050 is doable but difficult. For the global energy sector to hit that goal, governments must stop subsidizing oil and natural gas production and inhibit the building of coal plants. That’s […]
Energy News Beat Publishers Note (ENB): The IEA has a beautiful report, but at first blush, the numbers do not add up. Promising millions of “Green Jobs” has not worked in the past, and needs […]
The excess oil inventories of the past year have been all but depleted, and a strong demand rebound in the second half this year could lead to even steeper stock draws, the International Energy Agency […]
Crude oil production in Alaska averaged 448,000 barrels per day (b/d) in 2020, the lowest level of production since 1976. Last year’s production was over 75% less than the state’s peak production of more than […]
Global energy demand is set to increase by 4.6 per cent in 2021, more than offsetting the 4 per cent contraction in 2020 and pushing demand above 2019 levels, the International Energy Agency (IEA) has said in a […]
Energy News Beat Publishers Note: (ENB): Net Zero is a buzzword around the world. While it may be an important goal, it would be great if healthy dialogues would occur. The less fortunate countries with […]
Energy News Beat Publishers Note: There are some real nuggets in the full International Energy Agency (IEA) and the U.S. Energy Information Administration (EIA) STEO released this morning. The bottom line: Global economic growth in […]
Last weekend, a major winter weather system characterized by extreme cold spread across much of the central United States, disrupting energy systems and causing serious health and safety issues, particularly in Texas. At the same […]
The International Energy Agency lowered forecasts for global oil demand as renewed lockdowns to contain the pandemic temper the recovery expected this year. “The global vaccine roll-out is putting fundamentals on a stronger trajectory for the year, […]
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