The uncertain future of OPEC: who really controls global oil markets?

Credit to Author: Anna Yarygina| Date: Wed, 12 Feb 2020 19:34:06 +0000

From global dominance to the search for stability. Founded in 1960, the Organization of the Petroleum Exporting Countries (OPEC) currently┬áincludes 14 members: 7 in Africa, 5 in the Middle East… Read more »

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The US is likely to set a record in crude oil production this year, potentially becoming #1 global producer

Credit to Author: Anna Yarygina| Date: Mon, 17 Sep 2018 18:50:24 +0000

The US crude oil output will grow at a CAGR of 5% through 2020, as domestic shale and tight oil production continues to boom. Production will grow at a more… Read more »

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Despite the rise of electric vehicles and renewables, no disruption in short-medium term for the Oil, Gas and Petrochemical industry

Credit to Author: Eric Koenig| Date: Wed, 21 Mar 2018 17:51:34 +0000

We are not providing forecasts on the long-term future of the global energy landscape and the size and dynamics of the Oil & Gas markets by 2040. Some of the… Read more »

The post Despite the rise of electric vehicles and renewables, no disruption in short-medium term for the Oil, Gas and Petrochemical industry appeared first on Schneider Electric Blog.

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