international

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

News

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 […]

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

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 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

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Growth in global energy-related CO2 emissions expected to slow

News

 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

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

USA

 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

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China leads the growth in projected global natural gas consumption

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 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

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

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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

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Australian domestic natural gas prices increase as LNG exports rise

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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

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Rapidly growing energy consumption in India increases faster than other regions

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 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

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