Rystad Energy is downgrading its peak oil demand forecast citing rapid growth in the electric vehicle market being driven by the ongoing energy transition push.
The recovery of the global economy appears to be well on its way, however, the recent set of geopolitical developments highlights that there are always risks associated with the oil markets, says Stratas Advisors in its latest oil price forecast.
U.S. oil production growth is important to meet resurging global demand, says IEF Secretary-General Joseph McMonigle.
In its latest oil price forecast, Stratas Advisors explores whether oil prices will rebound in the second quarter or continue on the downward trend of the last several weeks.
While the methane footprint of the Appalachian Basin was found to be larger than that of the Permian in absolute terms, the methane intensity of gas production in Appalachia was lower, says data analytics firm Kayrros.
Rystad Energy is downgrading its peak oil demand forecast citing rapid growth in the electric vehicle market being driven by the ongoing energy transition push.
Project Canary, which has recently launched responsibly sourced natural gas pilot projects with shale giants EQT and Chesapeake Energy, will certify emissions from the gas wellhead to Rio Grande for U.S. LNG developer NextDecade.
A myriad of potential risks to production, however, are at play, according to analysts.
Cutting emissions, EQT CEO Toby Rice says, is “going to be key to allowing natural gas to continue to play a leading role in our energy transition.”
The so-called NOPEC bill, introduced by Representative Steve Chabot, would allow the U.S. Justice Department to bring anti-trust lawsuits against oil-producing countries in OPEC.
This year’s projected nearly 5% rise in global CO₂ emissions—the largest single increase in more than a decade—will likely be driven by a resurgence in coal use in the power sector, IEA Executive Director Fatih Birol says.
Subsidiary that runs the terminal had suspended output.
The recovery of the global economy appears to be well on its way, however, the recent set of geopolitical developments highlights that there are always risks associated with the oil markets, says Stratas Advisors in its latest oil price forecast.
The deal would allow Eagle LNG Partners to supply Aruba’s power company with natural gas, replacing high-sulfur fuel oil as the country’s main fuel for generation.