... pre-crisis levels after a decade, but as we know some never make it back. Hence, it will be crucial to think about what will happen if we lose a major player and will players like Iraq ever make it back?
The Old King Is Dead (Oil), Hail the New Kings (Oil, Coal and Gas):
BP as expected forecasts a continued central role for fossil fuels, which will primarily go towards the budding market of electricity generation; as any fuel can be converted to electricity. That said a new development does occur as the energy mix will alter as oil ...
... evolutionary (e.g. better engines/tires) in contrast to radical revolutionary changes (e.g. new sources of fuel) as technology is near its peak and it will now slowly tidy up 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 is a possible dip in the next year or two as we recover from the global economic meltdown. By 2025 prices could hit in the region of $140 and importantly remain ...
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 press releases and alike - for major news, interesting articles and possible leads within the energy industry....
... the Russian Foreign Policy: Opportunities and Threats» at the HSE, I was introduced to this insightful publication «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 to Discuss!
The report is a co-effort by the Energy Research Institute of the Russian Academy of Sciences and the ...