Energy Information Administration (EIA), pointing to a rise in North American natural gas production and exports to help meet the growing demand. Meanwhile, greater adoption of nonfossil fuel-based energy resources such as nuclear and renewables will likely prove insufficient to curb an increase in...
Global energy demand is on track to grow by 50% over the next 20 years, and without mandatory actions to reduce greenhouse gases (GHG), the amount of carbon dioxide (CO2) flowing into the atmosphere from energy use could be 51% more in 2030 than it was in 2005, the Energy Information...
EIAShort-Term Energy Outlook Report: Global oil demand is expected to reach 103.67 million b/d in 2025, an increase of 121 million b/d over 2024.
Mr. England then yielded the podium to Adam Sieminski, administrator of the US Energy Information Administration (EIA), who delivered the keynote speech. Mr. Sieminski provided perspective on the US energy outlook in relation to global energy projections. Demand growth stays i...
EIA Short-Term Energy Outlook Report: Global crude oil demand growth is expected to increase by 50,000 b/d to 1.39 million b/d in 2024, compared with the previous forecast of 1.34 million b/d. The translation is provided by third-party software. ...
Furthermore, the degree to which other oil producers respond to current oil prices, as well as the effects macroeconomic developments might have on global oil demand, will be important for oil price formation in the coming months, the report added. ...
HOUSTON, Feb. 28 (Xinhua) -- Global liquid fuels production was expected to exceed global consumption through 2020, the U.S. Energy Information Administration (EIA) said on Thursday. EIA forecast that higher U.S. crude oil production growth and slightly lower global oil consumption will offset...
Global liquid fuels demand:EIA forecasts global liquid fuels consumption to have increased by about 1.0 million barrels per day by the end of this year and increase by 1.2 million barrels per day by the end of next year. Global liquid fuels consumption will likely average a record 104.4 millio...
EIA expects U.S. natural gas prices to decrease, on average, through 2023 and 2024 as domestic production continues to grow. EIA also expects additional growth in U.S. liquefied natural gas (LNG) exports as global demand remains strong and more U.S. LNG export facilities come online. “Th...
Higher global demand for lighter crudes will boost prices by $2/b next year as shippers comply with the January 1 marine sulfur cap, but the price impact will dissipate as the market adjusts, US Energy Information Administration chief Linda Capuano said on Tuesday. ...