Topics

EU endorses shale gas guidelines

January 2014
Editorial Staff

According to European Environment Commissioner Janez Potocnik, the "revolution" of fracking, which could raise hopes of new development in several parts of Europe, has to follow minimum rules in order to address public concerns

IEA: January Oil Market Report estimates revised

January 2014
Lina Roger

Due to expectations of accelerating global economic recovery, the International Energy Agency increased estimates for this year’s global oil demand in its January Oil Market Report



Seventh World Future Energy Summit inspires sustainable development

January 2014
Editorial Staff

Countries in the Abu Dhabi, Masdar City region are making the commitment to promote a larger adoption of renewable energies. In the latest World Future Energy Summit meeting, the World Bank presented its global "thirsty energy initiative" campaign to encourage the best practice for addressing water and energy challenges and to encourage more involvement from the private sector



Doha: IPTC meeting discusses the future of oil technology

January 2014
Editorial Staff

During the three-day meeting of the  seventh edition of the International Petroleum Technology Conference in Qatar, delegates coming from more than 63 countries had a serious discussion concerning new technologies used in the oil industry



Davos: World Economic Forum discusses future

January 2014
Editorial Staff

Global leaders attending the Annual Meeting of WEF in Switzerland discuss how the economic and social upheavals are transforming the relations between states, reconfiguring economic, political and business scenarios



India: Fuel prices and subsidies

January 2014
James Crabtree

To narrow the gap between scant domestic supplies and rising imports, India’s government will have to rein in its expansive system of energy subsidies which will cost about $45 billion each year



Canada, weak growth in 2014

January 2014
Lina Roger

Canada, according to the International Monetary Fund, will lose its position of second place in this year's ranking of the G7 countries, ranking after Great Britain with a GDP growth of 2.2 percent. The oil sector will also weigh down on weak economic prospective



BP Energy Outlook 2035: Emerging economies accelerate, global energy demand slows

January 2014
Editorial Staff

Global energy demand continues to grow but that growth is slowing and mainly driven by emerging economies - led by China and India - according to the BP Energy Outlook 2035 that reports how global energy consumption is expected to rise by 41 percent from 2012 to 2035



Peak oil and peak demand: two sides of the same coin

January 2014
Paul Betts

If oil prices keep increasing, economic growth could fail. If they fall too much before the transition to renewables, then the subsequent decline in production will occur sooner rather than later with an inevitable decline in consumption



US economy expanding despite limited shale oil contribution

January 2014
Lina Roger

The United States economy will grow at a faster rate in 2014 and 2015, but the effects of the country's shale oil revolution on U.S. growth will be limited because declining oil imports will have little impact on economic performance



Oil