Energy News
EIA expects stable heating costs for most households this winter
The U.S. Energy Information Administration (EIA) predicts that the majority of U.S. households will spend about the same amount on heating this winter as...
Energy News
Energy as a service market to reach $247.8 bn
The Energy as a Service (EaaS) Market size will expand at over 8.8 percent CAGR from 2024 to 2032, due to the technological advancements...
Energy News
EIA releases review of oil and gas industry for Q2 2024
The US Energy Information Administration (EIA) has published its Financial Review of the Global Oil and Natural Gas Industry: Second-Quarter 2024, highlighting key trends...
Energy News
Renewables will play major role in meeting 24% rise in energy demand, OPEC predicts
The Organization of the Petroleum Exporting Countries (OPEC) has forecasted a 24 percent increase in global primary energy demand, rising from 301 million barrels...
Energy News
Global energy outlook 2050: Renewables set to surge, but oil and gas remain key
ExxonMobil has released its Global Outlook 2050, projecting significant growth in solar and wind energy but reaffirming the continued dominance of oil and natural...
Energy News
EIA forecasts crude oil prices to rise above $80 per barrel
The U.S. Energy Information Administration (EIA) said it anticipates a rebound in Brent crude oil prices, predicting they will exceed $80 per barrel in...
Energy News
OPEC revises oil demand forecast for 2024, cites clean energy shifts
OPEC has revised its forecast for global oil demand, cutting its growth estimate for 2024. In a report released on Tuesday, the Organization of...
Energy News
OPEC lowers 2024 global oil demand growth forecast
OPEC has revised its global oil demand growth forecast for 2024, citing weaker-than-expected data for the first half of the year and tempered expectations...