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Eni report: global oil reserves and oil production up in 2018 due to US

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In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. The US also broke into the international crude trade, doubling export volumes and entering that top ten ranking. WTI, the US light crude, covers 60% of global growth. recorded in 2013-2017. also rose in Brazil and Norway.

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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d in 2017.

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ICCT study finds noise and climate impacts of a new generation of supersonic aircraft could be significant

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Reintroducing commercial supersonic transport (SST) aircraft into the global aviation fleet could have significant noise and climate impacts by 2035, according to a new study by the International Council on Clean Transportation (ICCT). Global sonic boom incidence. Source: The ICCT. The fleet of SSTs would emit an additional 1.6

Climate 239
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IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

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The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). The IEA said these changes will recast expectations about the role of different countries, regions and fuels in the global energy system over the coming decades. Energy demand.

Global 225
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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. Interestingly, also, the Saudis increased their share of OPEC average daily output in the first half of 2015 over 2014 average daily volume—and their share of average daily global output.

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Opinion: The Current Oil Price Rally Is Reaching Its Limits

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Moreover, supply outages in places like Iraq and Nigeria have also knocked at least a quarter of a million barrels per day offline, an unexpected disruption that put upward pressure on prices in March. The backlog of DUCs should be worked through this year and next, returning to normal by the end of 2017. “If More output is bearish.”

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. Click to enlarge. The passenger vehicle fleet doubles to almost 1.7 billion in 2035.

Oil 247