EIA – GLOBAL OIL DEMAND EXPECTED TO DECLINE BY 8.1 MILLION BARRELS PER DAY IN 2020

August 29, 2020

EIA expects high inventory levels and surplus crude oil production capacity will limit upward price pressures in the coming m...

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NUCLEAR GENERATION REACHED NEAR-RECORD HIGH IN 2019

August 26, 2020

Nuclear generation reached a near-record high in 2019, with output reaching 2657 TWh, enough to meet more than 10% of the wor...

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IEA – US ENERGY RELATED CO2 EMISSIONS IN LOWEST IN DECADES

August 22, 2020

Monthly U.S. energy-related carbon dioxide (CO2) emissions fell to 307 million metric tons (MMmt) in April 2020, the lowest v...

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COVID-19 – UNPRECEDENTED GLOBAL HEALTH AND ECONOMIC CRISIS

August 08, 2020

Paris based IEA (International Energy Agency) is exploring the impacts of the COVID-19 on global energy markets, energy resil...

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PETROBRAS REPORTS MONTHLY PRODUCTION RECORD IN BUZIOS FIELD

August 07, 2020

Petrobras reports that the platforms (P-74, P-75, P-76 and P-77) installed in the Búzios field, in the Santos Basin pre-salt...

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OIL AND GAS PROJECTS in 2020 SET TO FALL BY MORE THAN 75% IN 2020

July 20, 2020

Global project sanctioning is set for a staggering decline this year of over 75% from 2019 levels, as the Covid-19 epidemic h...

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WORLD POPULATION TO DECLINE IN THE SECOND HALF OF THE CENTURY

July 18, 2020

According to the medical journal The Lancet the world will be populated by 8.8 billion humans in 2100, two billion less than ...

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USA – RECORD PRODUCTION AND CONSUMPTION OF NATURAL GAS IN 2019

July 11, 2020

U.S. natural gas production has increased in the past decade because the widespread adoption of horizontal drilling and hydra...

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SAKHALIN-1 – RUSSIA’S FIRST OFFSHORE DRILLING PROJECT CELEBRATES 25th ANNIVERSARY

July 06, 2020

25 years ago the Sakhalin-1 Production Sharing Agreement was signed between the Government of the Russian Federation, Sakhali...

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