China recently released its Natural Gas Development Report for 2021, which reviews recent developments in the country’s gas sector and sets out plans for the years ahead. This is the seventh in the series to date. The focus of the report is different from that of last year. In 2020 the focus was largely onContinue reading “China’s latest Natural Gas Development Report – focus on market dislocation“
Tag Archives: oil
Big Oil and the Energy Transition: Out of their comfort zone?
The Energy Transition is upon us and one of the key challenges facing today’s oil and gas companies is: how do they address the fundamental changes that are needed in their business to adapt to, take part in and thrive in this radically new environment for energy companies? Governments and increasing numbers of shareholders areContinue reading “Big Oil and the Energy Transition: Out of their comfort zone?”
Oil demand weak into next year…at least
The collapse in global oil demand looks set to continue into 2021 according to the International Energy Agency’s latest analysis. They conclude that demand won’t rise above the 2019 level of 99.8 mbd before 2022 or even 2023 depending on the path the coronavirus takes. If there is a second wave – as many fearContinue reading “Oil demand weak into next year…at least”