for International Energy Agency
Some producers are turning more toward conventional plays, in particular older oil fields that can be tapped with new technology and provide quicker paybacks and more predictable long-term returns.
Even as renewables are playing a larger and ever-expanding role in global electricity markets, oil still dominates the transportation sector and will continue to do so for some time, making today's upstream spending cuts worrisome.
IEA’s Laszlo Varro on LNG Oversupply, Changes in Gazprom’s Leverage, and the Outlook for Global Shale
What's next for the future of natural gas markets? IEA's Chief Economist Laszlo Varro offers his perspective on energy geopolitics, competition between LNG and renewables, and more.
Keisuke Sadamori, IEA's Director for Energy Markets and Security, discusses current oil market dynamics and energy security risks.