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Aramco, Shandong Energy to collaborate on downstream projects in China; cooperation across H2, renewables and carbon capture technologies

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The Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, and Shandong Energy Group, are exploring collaboration on integrated refining and petrochemical opportunities in China.

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Baker Institute team says fossil fuel subsidies need global reform

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Fossil fuels still receive most of the international government support provided to the energy sector despite their “well-known environmental and public health damage,” according to new research from Rice University’s Baker Institute for Public Policy. 5 consumer of oil,” Krane said. Costs ranged from a low of 0.3%

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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World primary energy consumption grew by 2.5% Oil remains the world’s leading fuel, but its 33.1% Coal’s market share of 30.3% Global energy consumption grew by 2.5% seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. Global energy consumption grew by 2.5% Source: BP.

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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09

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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.

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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

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In both the base-case and a scenario with more aggressive environmental policies, CO 2 emissions from energy use remain well above the IEA 450 scenario. Non-OECD countries are seen to rapidly increase their share of overall energy demand from just over half currently to two-thirds. Click to enlarge.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. 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.

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