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Tag: Oil reserves

Net-zero scenarios underestimate energy demand growth, says Gas Union

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Net-zero scenarios underestimate energy demand growth, says Gas Union

The various decarbonization pathways and scenarios likely underestimate the rate at which global energy consumption is increasing, which could lead to a natural gas supply gap by the end of the decade, the Switzerland-based industry organization International Gas Union (IGU) said on Tuesday in its Global Gas Report 2024. If global demand for natural gas […]

Maguire: Key energy indicators for China until the end of 2024

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Maguire: Key energy indicators for China until the end of 2024

Maguire: Key energy indicators for China until the end of 2024 LITTLETON, Colo., Aug. 13 (Reuters) – Lower consumption in China prompted the Organization of the Petroleum Exporting Countries (OPEC) this week to cut its forecasts for global oil demand growth, underscoring the crucial role the world’s second-largest economy plays in energy markets. Nevertheless, […]