The IEAs latest World Energy Outlook predicts renewable energy will outcompete fossil fuels for new power generation—but more aggressive policies are needed to speed the pace of the energy transition.
A growing number of analysts believe that U.S. production will never again hit recent highs.
As Coronavirus reignites the global oil demand debate, near-term problems have brought back concerns about the long-term viability of oil and gas.
With global oil supply outpacing demand, oil traders are shrugging off rising tensions around the Strait of Hormuz.
The top forecasters for the oil market have repeatedly downgraded their estimates for demand. Absent a turnaround in global growth, the pitfalls for the oil market may only grow worse.
With the expiration of the waivers now just a little more than two weeks away, the oil market is on edge as the White House weighs its next steps.
U.S. shale is expected to account for nearly three-quarters of global supply growth over the next five years—even as it faces both short- and long-term questions about its viability.
While there is a long list of potential factors that could surprise the market in 2019, OPEC+ supply curbs create a tightening baseline that should lead to higher oil prices as the year wears on.
The dramatic slimming down over the past half-decade by the oil and gas industry has led to a steep drop off in spending, exploration and final investment decisions on new projects—raising the possibility of a supply crunch in the early 2020s.
National data shows 2018 EV sales are up 83 percent on 2017—but the realities facing the EV industry and oil's virtual monopoly on U.S. transportation fuels means the inflection point in transforming our transportation sector has yet to be reached.