IOCs enhanced resilience at low oil prices in 2018
Companies | UCERGY Insight |
Oil could soon be transforming Guyana’s economy
Oil | UCERGY Insight Journal |
BP performance and oil price expectations
Companies | UCERGY Insight Journal |
Potential implications of Venezuela’s production decline
Oil | UCERGY Insight Journal |
Aramco Hydrogen Initiative: What does it mean for the oil industry?
Opinions | By Yousef Alshammari |
Exxon doubles its crude refining capacity in Beaumont
Driven by the significant increase in the US shale oil production, ExxonMobil has announced today it will add a new crude processing unit to its Beaumont refinery in Texas which will increase its processing capacity by 250 tbbl/d [read more]
Keeping Chilled in a Warming World
Opinions | By on
Regardless of the causes of global warming, we can be sure that the Earth is warming and so air-conditioning demand. It is expected that air-conditioning demand will rise 30% by 2050 due to increase in population, wealth and world temperatures [read more]
Key Takeaways from the EIA Outlook
The US Energy Information Administration (EIA) has just released its Annual Energy Outlook (AEO) for the year 2019 which shows a significant increase in the production of oil, natural gas, and renewable sources of energy, particularly wind [read more]
China’s Oil Demand Strong Despite Economic Slowdown
China continues to exhibit strong oil demand which rose by 3.5% this year, to 10.7 million barrels a day, compared with 4.3% average growth in the past years, despite its slow economic growth which is expected to be 6.2% in 2019 [read more]
Growth in shale was due to investments, Not price
According to the US Energy Information Administration (EIA), the US oil production increased from 6 mbbl/d, in 2010 to 9 mbbl/d, in 2015, and further to 11.7 mbbl/d in 2018. Most of the growth in the US oil production was in the Permian and Bakken fields [read more]
Electricity demand grows two times faster than energy demand
The growth in energy demand has been driven by economic growth in emerging economies including China, India, and the ASEAN countries. However, the growth rate of electricity demand has become double the rate of energy demand driven mainly by air conditioners [read more]
What might energy leaders discuss in Davos 2019?
The Davos meeting this year is equally taking place at a time of critical uncertainty of slowing global energy demand, slowing economic growth in China, expected recession, and the expected rise of interest rates by the US Federal Reserves [read more]
Could Natural Gas be a future transport fuel?
The use of natural gas as a transport fuel has been a well-established practice. However, it accounts for a very small share of the global passenger fleet, with only around 17 million natural gas vehicles (NGVs) worldwide served by 24 thousand refuelling stations [read more]
Blockchain-Based Oil Trade: Opportunities and Challenges
Recent Energy Development in Latin America and the Rule of Law
By Rodolfo Rueda Ballesteros on
According to the World Energy Issues Monitor issued by World Energy Council, Latin America and the Caribbean region (LAC), especially southern LAC countries are still dealing [read more]
Lower car sales in China could reduce its oil demand in 2019
China has had an unprecedented decrease in the number of internal combustion cars this year with total sales of 28.08 million cars, a decrease by 2.8% from 2017. This decrease includes 4.1% drop in passenger-cars sales [read more]
How could the Caspian field change the gas landscape in Europe?
BP is preparing to drill six new exploration wells in Azerbaijan by 2020, in an effort to produce sufficiently high quantities of natural gas to be transported to Europe via a short-cut Trans-Anatolia Pipeline passing through Turkey [read more]
Energy transformation will spark demand for key precious metals
The increase of shifting to renewable sources of energy will spark a rising demand for many precious metals required to manufacture key of parts of renewable energy technologies, a new report published by the International Renewable Energy Agency (IRENA) says. [read more]
Could Norway be the next leader in Electric Mobility?
The Norwegian Road Federation (NRF) has reported that the number of sales of new Electric Vehicles (EVs) has reached a 1/3 of Norway’s total car sales (148 thousand cars) in 2018, a rise by %20.8 from the year 2017 [read more]
The 2019 Energy Agenda, What’s expected?
Would it be a Happy New Year for the oil market?
BY UCERGY Insight Journal on December 23, 2018
Prices continue to decline driven by rising concerns over a supply glut and the increase in shale oil production but experts see a market balance in early 2019 [read more…]
UCERGY Insight Goes Live with Le Fonti International
UCERGY Analysts has been hosted in a live TV show by the Italian Business Channel Le Fonti International to share its latest insight on many global issues including oil markets, US oil policy, Brexit, and the future of natural gas. In a 15-minute lively broadcast [read more…]
After securing the Katowice agreement, what’s next for climate action?
Climate negotiations in the Polish city of Katowice have culminated in a major agreement that paves the way for the implementation of the Paris Agreement on climate change. The agreement marks a milestone in the history of climate action as it establishes a framework for [read more]
Wind-Powered Car Manufacturing: A new Mercedes-Benz-Statkraft initiative
Mercedes Benz has announced that it is entering into an agreement with the Norwegian energy giant, Statkraft, to supply wind energy to its car manufacturing plants in Germany in an effort of achieving its 100% CO2 neutral facilities by 2022. This is the first project [read more…]
Carbon Capture and Storage: Who will pay the cost?
Canada’s Oil and Gas Sector Constrained by its Climate Targets
Reaching a cut deal of 1.2 million barrel, Is it Sufficient?
The OPEC Meeting: What to expect?
The OPEC 175th ministerial meeting is due to be held this morning in Vienna after the OPEC Joint Ministerial Monitoring Committee (JMMC) meeting was concluded which recommended a production cut of no less than 1 million barrel for six months. The optimism to reach an agreement has been observed so far. However, prices are still in [read more]
The G20 Summit, what does it mean for the energy sector?
Renewing Global Commitment to Nuclear Technology
Global Advancements in Nuclear Safeguards
The IAEA has hosted the International Safeguards Symposium which brought together more than 500 participants from more than 100 countries to discuss the latest advances in safeguards innovation and technologies. The symposium looked at four key issues; emerging safeguards challenges [read more]
Why have prices risen after the OPEC meeting?
Vienna holds the Austrian World Summit R20
Perspectives from the IAEA General Conference
Understanding the Davos Energy Discussions
Oil Demand and the Global Energy Mix in 2040
Digitisation and the Future of Nuclear Power
- UCERYG Live Interview with Le Fonti Internationa, Dec 2018
- CNTV China Coverage of OPEC meeting Dec 2014, with CEO Statement
- CNTV China Coverage of OPEC meeting Dec 2014, with CEO Statement (Chinese)