To borrow the words of Christof Ruehl, Group Chief Economist and Vice President of BP, this time around the multinational oil supermajor aimed to “shake-up the crystal ball” by recalibrating some of its old formulas in the bid to provide ... ..., whereby rapid improvements in energy efficiency have set precedent for a much more sluggish demand.
Resurgence of the USA – No Longer a One Way Ticket:
USA is anticipated to produce 101% of its energy needs by 2035, up from a low 69% in ...
... share further, thus I am introducing my First RIAC Monthly Digest. My aim here is to recap, analyse, and offer links to top: Oil&Gas News, Pictures & Videos, from experts and institutions I follow. Also, please feel free to leave a comment below!
March's ... ... dispel some peoples worry that Russia's Chinese neighbour could be a threat, while also calling for the final end of USA's hegemony (See: SCMP). Albeit, it is hard to see China not taking the lead regionally and globally in the future ...
... findings and conclusions with anyone who is interested in the oil and gas industry. Before commencing, I just want to give all ... ...
- Demand Carousel turns towards the Developing States:
In developed economies demand is expected to stagnate. In Europe, ... ... reserves, making it a premium market for all exporters.
- Shale Gas Revolution:
The US ‘shale gas revolution’ ... ... entity, with a net-equal position between its imports and exports. USA even had to convert its now useless LNG terminals (which it ...
... foreseeable future the energy sector will experience price turbulence. In regards to oil, official forecasts estimate that global output will stabilize as demand increases;... ... energy sector civil society.
Revenkov, V. (Oil & Gas Institute of Energy & Finances): Shale Gas Revolution
In the world of energy trade which may seem slow and quite traditional... ... not changed in the last decade. The decision must be well calculated, yet quick, as USA has almost achieved independence from energy imports due to shale which could supply...