Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil.

Oil Prices 170

Oil Prices Oil Saudi Arabia Price 170

Green Car Congress

JUNE 1, 2016

Statoil says that global capex is set to fall for two years in a row, and is on track to fall for a third year in 2017 as more spending cuts are likely. That widens to more than a million barrels per day in both 2017 and 2018. That will prevent any short-term price spike even if depletion surpasses new production.

Oil 150

Oil Supplies Market Oil Prices 150

Green Car Congress

NOVEMBER 4, 2019

Primary energy intensity—an indicator of how much energy is used by the global economy—improved by just 1.2% improvement in 2017 and marked the third year in a row the rate has declined. In China and India, primary intensity improved by almost 3%, a slight drop on 2017 levels. This was slower than the 1.7%

Global 150

Global Energy 2018 Coal 150

Green Car Congress

NOVEMBER 12, 2012

The cost of fossil-fuel subsidies has been driven up by higher oil prices; they remain most prevalent in the Middle East and North Africa, where momentum towards their reform appears to have been lost. Despite the growth in low-carbon sources of energy, fossil fuels remain dominant in the global energy mix, supported. — WEO-2012.

Global 225

Global 2012 Energy Oil 225