As 2020 deadline looms, shippers must commit to one of several costly compliance pathways or face fines, reputation damage, potential loss of insurance coverage Recent moves by the International Maritime Organization (IMO) have signaled a [Read more]
Europe will import an extra 35 bcm of LNG in 2019, a 50% increase on 2018 Fears about an oversupplied liquefied natural gas (LNG) market are beginning to ease as indications point towards a more [Read more]
Sector adds half a million jobs boosted by strong growth in Asia The renewable energy industry created more than 500,000 new jobs globally in 2017, a 5.3 per cent increase from 2016, according to the latest [Read more]
One billion people – 13% of world’s population – still live without electricity The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, [Read more]
To achieve a truly sustainable energy system, renewables needs to more than double to 21% by 2030 The world is not on track to achieving energy-related Sustainable Development Goals, according to a new series of Policy [Read more]
Exports of liquid natural gas from the United States increased 278.8% An assessment of monthly data shows that in 2017 OECD natural gas production grew by 2.4% compared to 2016. This growth was driven by increases [Read more]
OECD exports of crude oil, NGL, and feedstocks increased by 10.3% in 2017 with largest volumes destined for US (mainly from Canada, Far East) The International Energy Agency has released a report on key oil [Read more]
Higher refining runs required to meet MGO demand could weaken gasoline prices Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritime [Read more]
Bottlenecks in pipeline capacity, soaring shale oil production in the US eroding Canadian oil producers’ competitiveness With oil prices and production both on the rise, Canada’s oil industry is expected to return to profitability. However, [Read more]
As global population rises and urbanization grows, global cement production is set to increase 12% to 23% by 2050 A combination of technology and policy solutions could provide a pathway to reducing direct carbon dioxide [Read more]
Wave of large projects post-2019 could signal new cost cycle underway As previously forecasted by Wood Mackenzie, 2017 saw a significant recovery in upstream FIDs (Final Investment Decision), with the number of project sanctions more [Read more]
US domestic market can only absorb 1/4 of extra 4 million b/d of US light crude expected to enter market in 2023 As tight-oil production continues to grow, the US is positioning itself as a [Read more]
“The dramatic price drops for wind technology has put a big squeeze on the profits up and down the whole supply chain” According to Global Wind Energy Council annual statistics, the 2017 global market for [Read more]
“Canada has a unique opportunity to leverage its AI moment globally to shape AI’s future” By Danielle Goldfarb, Senior Fellow Global Commerce Centre, and Candice Faktor, Founder, Faktory Ventures In Jan. 2018, both Microsoft’s and Alibaba’s deep-learning software did better [Read more]
End to NAFTA would be a major blow to Mexico and its economy could slip into a severe recession Following a solid increase of 3.2 per cent last year, real GDP in the global economy [Read more]
Record auto sales behind rapidly growing oil consumption, estimated to reach 101 million b/d by 2019 As final light vehicle sales figures for the month of Dec. are now fully reported from major markets, 2017 [Read more]
@2020 Energi Media Ltd., | Covering Energy’s Tommorrow
