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Global transportation demand will drive long-term Alberta oil sands growth

Canada

World needs to find, replace 45 million bpd of crude oil by 2040 The prospect for dramatic changes in transportation has led to increased uncertainty about future oil demand. But the gradual pace of global vehicle fleet turnover and the need for significant upstream investment to maintain existing oil production volumes over the longer term […]

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2017 year of ‘stability and opportunity’ for global oil and gas – Wood Mackenzie

News

Wood Mackenzie expects improving exploration success rates, full-cycle returns to continue in 2017 Wood Mackenzie’s global corporate outlook for 2017 forecasts the oil and gas industry will turn cash flow positive for the first time since the downturn, if OPEC production cuts drive oil prices above US$55 per barrel. “Most oil and gas companies will

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Fuelling the future: hydrocarbons and renewables – Wood Mackenzie

News

Wood Mackenzie expects growth in coal, oil and gas markets between today and 2035 Cost, convenience and availability mean hydrocarbons fuel will maintain their position as the foundation of world energy supply and demand, but environmental policies and the emergence of new technologies will drive growth in alternative sources of energy, according to Wood mackenzie.

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Electric vehicles 15% to 35% of world’s vehicle sales by 2040 – IHS

Innovation

IHS Markit announces launch of major new multiclient study on electric vehicles, Reinventing the Wheel WASHINGTON – Electric vehicles could make up 15 to 35 per cent of total new vehicle sales globally in 2040. The findings are part of a new research project, Reinventing the Wheel, that will be conducted over the first half of 2017.

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Global oil, gas storage service market to enjoy 90% occupancy rates – Technavio

News

Customers show a clear preference to vendors who provide ancillary services, especially in marine terminals According to the latest market study released by Technavio, the global oil and gas storage service market is expected to exhibit a CAGR of more than 2 per cent during the forecast period. This research report titled ‘Global Oil and Gas

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Natural gas, oil will be ‘bedrock’ of global energy system for many decades – IEA

Uncategorized

IEA forecasts a “second natural gas revolution” spearheaded by LNG trade By Seth Whitehead, EnergyInDepth The International Energy Agency’s (IEA) 2016 World Energy Outlook was released this week, and it notes that natural gas will be one of the “clear winners” over the next 25 years, while oil demand will continue to grow and production

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Big Oil at risk from transition to low-carbon energy -Wood Mackenzie

Innovation

3 risks to energy majors: renewable energy growth, intensifying carbon policy, growing low-carbon competition LONDON/HOUSTON – The next global energy transition is already under way, posing risks for some of the world’s largest energy companies, according to Wood Mackenzie. Natural gas and zero-carbon fuels will satisfy at least 60 per cent of the rise in global energy

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Commercial, industrial energy storage expected to increase by $9.9 Billion by 2025 – Navigant

Innovation

Carbon reduction policies supporting growth of energy storage technologies BOULDER, Colo. – A recent report from Navigant Research examines the global market for commercial and industrial (C&I) energy storage, with a focus on advanced lead-acid, flow, and lithium ion (Li-ion) batteries, including market forecasts for capacity and revenue, through 2025. The global market for C&I

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Top 3 trends impacting global micro electric vehicle market to 2020 – Technavio

News

Numerous advantages of micro electric vehicles have seen major automakers entering the arena with developments LONDON – Technavio’s latest report on the global micro electric vehicle market provides an analysis on the most important trends expected to impact the market outlook from 2016-2020. Technavio defines an emerging trend as a factor that has the potential to

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