COP 25: The Affordable Energy Transition
By Sverre Alvik, Energy transition program director, DNV GLIt is not too good to be true, it is the economic reality that lies ahead of us. The energy transition facing us in the coming decades is an affordable one.
Rising Oil Prices put 'Demand Destruction' Back on the Agenda
Rising oil prices over the last two years have put the issue of demand destruction back on the agenda, as producers, traders and analysts try to estimate how consumers will respond. Demand…
Heriot-Watt Sets Global Data Landscape for BP Statistical Review
The economics professor who leads the in-depth data collation process for BP’s annual Statistical Review of World Energy has welcomed the energy major’s latest findings as “clear evidence…
Statoil Calls for World Energy Transformation
In a post on its website, Statoil said it expects substantial changes in the global energy mix. In moving toward a low-carbon energy system, new renewables may increase from just over one…
Energy Efficiency Gains Ground Despite Lower Energy Prices -IEA
As governments focus on implementing their commitments to save energy and reduce carbon emissions under the recently ratified Paris agreement, a new report from the International Energy…
Climate Policies Won't Strand Oil & Gas: Kemp
Fossil fuel-producing companies have been thrown onto the defensive over the last two years by the argument that many of their reserves will be "stranded" as the world transitions to cleaner forms of energy.
Climate Policies Will Not Strand Oil and Gas Reserves
Fossil fuel-producing companies have been thrown onto the defensive over the last two years by the argument that many of their reserves will be "stranded" as the world transitions to cleaner forms of energy.
Major Shifts in Global Gas Trade in Next Five Years - IEA
The next five years will bring a reshaping of the global gas trade, the International Energy Agency (IEA) said Wednesday in its 2016 Medium-Term Gas Market Report. New liquefied natural…
China Sets Energy Consumption Cap for First Time
China aims to keep energy consumption within 5 billion tonnes of standard coal equivalent by 2020, it said in its latest five-year plan published on Saturday, marking the first time the…
Canadian Oil Producers Look to Squeeze Costs Even Further
Low crude prices present a great opportunity to drive down oil sands costs even further, adding to the 25 percent savings so far this year, some of Canada's largest producers said on Tuesday.
Flying More Energy Efficient than Driving?
Flying has become less energy intensive than driving, at least in the United States, according to the surprising findings of an analysis of energy consumption by the University of Michigan's Transportation Research Institute.
US Could Eliminate Energy Imports -EIA
EIA's AEO2015 projects that U.S. The Annual Energy Outlook 2015 (AEO2015) released today by the U.S. Energy Information Administration (EIA) presents updated projections for U.S. energy…
China: Reduce Coal Use, Pollution
China will reduce coal consumption and boost energy efficiency as part of efforts to lessen air pollution, according to an action plan released by the government on Friday. The world's…
Global CO2 Emissions to Grow at Slightly Slower Rate
Global carbon emissions from energy use will grow at 25 percent between 2013 and 2035, a slightly slower rate than previously estimated, BP said on Tuesday, but still above the rate scientists…
Petrobras’ Refineries Integrate Energy Saving
Over the years, Petrobras has taken measures in its refineries to improve their energy efficiency. In the last five years, despite the growing complexity of its refineries to meet new fuel quality specifications…
IEA: Europe Needs a Single Energy Market
Better energy connections would maximise supply; Russian gas set to stay dominant, energy union can help. Carbon market reforms should be introduced now. The European Union must not create…
China's Carbon Intensity at 4-Year Low
China's carbon intensity - the amount of CO2 it produces per unit of growth - fell by 5 percent in the first half of 2014, helped by the decreasing share of heavy industry in the country's economy, state media said on Thursday.
NDRC: China Provinces Will Meet 2015 Energy Targets
Most of China's provinces are ahead of schedule or on track to meet 2015 energy savings targets, the government said on Friday, with Beijing and Shanghai among the frontrunners as the world's…
