Tag: international

Production from offshore pre-salt oil deposits has increased Brazil’s oil production

Production from offshore pre-salt oil deposits has increased Brazil’s oil production

Pre-salt oil deposits are under deep, thick layers of rock and salt and require substantial investment to extract Brazil has produced 3.3 million barrels per day (b/d) of petroleum and other liquids so far in 2017, according to U.S. Energy Information Administration data through Aug., up from 3.2 million b/d in 2016 – making it […]

By December 14, 2017 0 Comments Read More →
Link between economic growth and electricity use is changing around the world – EIA

Link between economic growth and electricity use is changing around the world – EIA

 In projection, GDP increases by 1.7% per year, and electricity use increases by 0.9% per year between 2015 and 2040 Growth in economic activity (measured as gross domestic product) has tended historically to be coupled with increases in electricity use as populations grow and generate more goods and services, according to the U.S. Energy Information […]

By November 20, 2017 0 Comments Read More →
Growth in global energy-related CO2 emissions expected to slow

Growth in global energy-related CO2 emissions expected to slow

 Technology improvements mitigate population growth-related increases in energy demand EIA projects that growth in global carbon dioxide (CO2) emissions from energy-related sources will slow despite increasing energy consumption, according to the U.S. Energy Information Administration. EIA’s International Energy Outlook 2017 (Reference case) projects that energy-related CO2 emissions will grow 0.6 per cent per year from 2015 to […]

By November 16, 2017 1 Comments Read More →
Russia exports most of its crude oil production, mainly to Europe

Russia exports most of its crude oil production, mainly to Europe

 Russia also exported 1.3 million b/d of fuel oil, 990,000 b/d of diesel, and 120,000 b/d of gasoline in 2016 Russia exported more than 5.2 million b/d of crude oil and condensate and more than 2.4 million b/d of petroleum products in 2016, mostly to countries in Europe, according to the U.S. Energy Information Administration. […]

By November 14, 2017 0 Comments Read More →
EIA forecasts growth in world nuclear electricity capacity, led by non-OECD countries

EIA forecasts growth in world nuclear electricity capacity, led by non-OECD countries

 United States operates world’s largest nuclear fleet with 99 reactors The U.S. Energy Information Administration projects global nuclear capacity will grow at an average annual rate of 1.6 per cent from 2016 through 2040, led predominantly by countries outside of the Organization for Economic Cooperation and Development (OECD). EIA expects China to continue leading world […]

By November 8, 2017 0 Comments Read More →
Almost 40% of global liquefied natural gas trade moves through the South China Sea

Almost 40% of global liquefied natural gas trade moves through the South China Sea

LNG importers with largest volumes passing through South China Sea are Japan, South Korea, China, and Taiwan The South China Sea is a major route for liquefied natural gas (LNG) trade, and in 2016, almost 40 per cent of global LNG trade, or about 4.7 trillion cubic feet (Tcf), passed through the South China Sea, […]

By November 2, 2017 0 Comments Read More →
China leads the growth in projected global natural gas consumption

China leads the growth in projected global natural gas consumption

 China’s LNG imports tripled between 2010 and 2016 Global natural gas consumption is expected to grow from 340 billion cubic feet per day (Bcf/d) in 2015 to 485 Bcf/d by 2040, primarily in countries in Asia and in the Middle East, based on projections in EIA’s latest International Energy Outlook 2017 (IEO2017). China accounts for more than […]

By October 25, 2017 0 Comments Read More →
September unplanned global oil supply disruptions fall to lowest level since January 2012

September unplanned global oil supply disruptions fall to lowest level since January 2012

Disrupted volumes in Canada returned to production over five-month period Unplanned global supply disruptions fell to 1.6 million barrels per day (b/d) in Sept., the lowest level since Jan. 2012, according to the U.S. Energy Information Administration. Over the past six months, unplanned oil supply disruptions have fallen by more than 1.0 million b/d, as […]

By October 23, 2017 0 Comments Read More →
Australian domestic natural gas prices increase as LNG exports rise

Australian domestic natural gas prices increase as LNG exports rise

Projected natural gas supply shortfall in domestic market of up to 0.27 billion cubic feet per day in 2018 Australia became the world’s second-largest exporter of liquefied natural gas (LNG) in 2015 and is likely to overtake Qatar as the world’s largest LNG exporter by 2019, according to the U.S. Energy Information Administration. As Australia’s LNG […]

By October 20, 2017 0 Comments Read More →
Rapidly growing energy consumption in India increases faster than other regions

Rapidly growing energy consumption in India increases faster than other regions

 Residences share of electricity rises 46% 2015 to 68% in 2040 EIA’s International Energy Outlook 2017 (IEO2017) projects that among all regions of the world, the fastest growth in building energy consumption through 2040 will occur in India, according to the U.S. Energy Information Administration. In the IEO2017 Reference case, delivered energy consumption for residential and commercial […]

By October 11, 2017 0 Comments Read More →