Green Car Congress

JUNE 27, 2012

The findings by Leonardo Maugeri, a former senior executive vice president of the oil company Eni, and now a fellow in the Geopolitics of Energy Project in the Kennedy School’s Belfer Center for Science and International Affairs, are based on an original field-by-field analysis of the world’s major oil formations and exploration projects.

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Green Car Congress

AUGUST 25, 2015

CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. For Iran, the only other OPEC country for which the IEA provides domestic demand data, the increase in exports, 0.7 percent in 1H 2015. billion vs. $1.6 billion) and $1 billion ($2.5

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Green Car Congress

MARCH 24, 2016

million barrels per day (mb/d) in April 2015. Iran also continues to add production, albeit at a slower-than-expected rate. Neil Atkinson, head of the oil market division at the International Energy Agency (IEA), largely agrees with the potential shale restart. “If That has sparked a renewed sense of optimism among oil traders.

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Green Car Congress

NOVEMBER 6, 2015

The International Energy Agency sees North American shale peaking towards the early part of the 2020s and declining thereafter, all but making it a blip on the radar when looking at oil production from a long-term standpoint. Moody’s sees global oil production rising by 1 million barrels per day in both 2015 and 2016.

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Green Car Congress

AUGUST 13, 2015

In December 2014, the Saudi government approved spending $229 billion in 2015, resulting in an estimated deficit of $39 billion, or some 5 percent of GDP. As mid-year 2015 approached, the IMF estimated the budget deficit would equal approximately 20 percent of Saudi GDP. percent in 2015, and then just 2.7 percent in 2014 to 3.3

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Green Car Congress

DECEMBER 10, 2014

Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040. Without efficiency gains across economies worldwide, energy demand from 2010 to 2040 would be headed toward a 140% increase instead of the 35% forecast in the report.

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Green Car Congress

SEPTEMBER 18, 2015

EIA said that US production will fall by 1 million barrels per day over the next year and that, “expected crude oil production declines from May 2015 through mid-2016 are largely attributable to unattractive economic returns.”. IEA data shows that the current second-quarter 2015 production surplus of 2.6 percent in August 2015.

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