... by coal will stay steady even as China begins to finalise its industrialization and shift to cleaner more energy inputs (e.g. gas), as other Asian nations will enter their own respective industrializations and boost demand for coal (at 1.1% p.a). As BP forecasts coal will resurge strongly in lesser economies like Indonesia, India, etc. As Ruehl points out industrialization has always been about the “cyclical effect of energy usage”, as first countries use cheap dirty coal when they are not developed, then they shift to oil that stimulates demand ...
... actually fall as housing and power generation will substitute to cleaner energy like gas. Moreover, any reductions in total consumption are predicted to be evolutionary... ... the small margins for a total consumption reduction of 30% by 2025. Overall, LUKoil forecast that BRENT oil prices in US/bbl will incur a steady rise until 2025. Only exception... ... In the largest biofuels producer the situation is far from merry, as strategically USA aimed to limit its reliance on Middle East via alternative energy, but shale has...
Alongside my typical journalistic duties at ‘Oil & Gas Eurasia Magazine’, I tend to daily scan both Russian and Western media outlets, news stands, twitter profiles, oil companies ... ... clarity as I go along, please feel free to leave a comment – lets make these blogs interactive!
Shale Gas History (USA):
The New Times – a Russian weekly – reports that the US Shale Revolution is picking up pace at unprecedented ...
... «Energy Outlook Until 2035». Today I wish to share its findings and conclusions with anyone who is interested in the oil and gas industry. Before commencing, I just want to give all the appropriate credits and the report link. Please Feel Free to Comment ... ... substantial net-importer of gas into almost a self-sustainable entity, with a net-equal position between its imports and exports. USA even had to convert its now useless LNG terminals (which it first built at a massive cost to assure gas supplies in early ...
