Tag:
energy news
Energy News
Sinopec reveals forecasts on global and Chinese energy trends
China Petroleum & Chemical Corporation (Sinopec) revealed significant long-term forecasts on global and Chinese energy trends.
Sinopec predicts global primary energy consumption will peak at...
Energy News
EIA review of crude oil and natural gas industry for Q3 2024
The U.S. Energy Information Administration (EIA) has published its Financial Review of the Global Crude Oil and Natural Gas Industry: Third-Quarter 2024, revealing key...
Energy News
OPEC cuts 2024 oil demand growth forecast amid China’s slowdown
The Organization of the Petroleum Exporting Countries (OPEC) has reduced its 2024 global oil demand growth forecast for the fifth consecutive month, citing weaker-than-expected...
Energy News
Shifts in U.S. energy policy under Republican control
Republican control, led by President-elect Trump, will move U.S. energy policy away from net-zero targets, Wood Mackenzie said.
Inflation Reduction Act (IRA): Full repeal is...
Energy News
EIA says U.S. refining capacity to drop 3% to 17.9 mn
The U.S. refining capacity is expected to drop by about 3 percent by the end of 2025, reaching 17.9 million barrels per day, the...
Energy News
U.S. oil mergers slow down in Q3 2024 after record consolidation wave
U.S. oil mergers sharply decelerated in the third quarter of 2024, following a year-long wave of consolidation that left fewer companies available for acquisition...
Energy News
OPEC lowers 2024 oil demand forecast reflecting cleaner energy transitions
The Organization of the Petroleum Exporting Countries (OPEC) has revised its global oil demand growth forecast for 2024 downward for the third consecutive month,...
Renewable Energy
U.S. natural gas production to drop in 2024, EIA forecasts
The U.S. Energy Information Administration (EIA) has projected a slight decline in U.S. natural gas production in 2024, while domestic demand for gas will...