Tag:
energy news
Energy News
Global oil demand and spending trends: IEA’s 2025 outlook
The International Energy Agency (IEA) forecasts that global oil demand will continue growing until it peaks at 105.6 million barrels per day (bpd) by...
Energy News
Investment and price trends in US energy market: EIA
The U.S. Energy Information Administration has published its 2024 Annual Financial Review Upstream report. This analysis focuses on financial and operating trends on an...
Energy News
U.S. energy consumption will decline in 2050: EIA
The U.S. Energy Information Administration’s Annual Energy Outlook 2025 (AEO2025) projects that U.S. energy consumption will decline over the next several years and will...
Energy News
OPEC cut its 2025 global oil demand growth forecast
OPEC cut its 2025 global oil demand growth forecast for the first time since December, citing Q1 data and U.S. trade tariffs.
Oil demand is...
Energy News
Highlights of IEA report on Energy and AI
The IEA released a major new report titled Energy and AI, providing comprehensive data and analysis on AI’s impact on the energy sector.
Global electricity...
Energy News
Utilities struggle to meet power demands from AI data centers
U.S. electric utilities are seeing an unprecedented surge in power requests driven by Big Tech’s scramble to build new data centers to support AI...
Energy News
Ember’s views on Drax receiving £869 mn in public subsidies for biomass burning
Energy company Drax received £869 million in public subsidies in 2024 for burning imported forest biomass, according to a new analysis by Ember. This...
Energy News
TotalEnergies to expand Northern Lights project
TotalEnergies, along with its partners Equinor and Shell, has announced the Final Investment Decision (FID) for the second phase of the Northern Lights development....