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Energy Trends

Oil and gas service companies. Quarterly results 2022

13.03.2023

Three world leaders with a long history – Halliburton, Schlumberger and Baker Hughes – recently announced their financial results for 2022.  Each of them specializes mainly in the development of highly efficient technologies and equipment for oil and gas exploration and production, decarbonization of the industry, as well as...

Small-scale GTL. Technology status

28.10.2022

Gas to Liquid (GTL) technologies have several stages of long and relatively successful development, as well as a fairly developed infrastructure for their application. On the one hand, the now long history of operation of large GTL plants in Qatar, South Africa, Malaysia and Nigeria demonstrate the attractiveness of this...

Global Hydrogen

27.09.2022

The International Renewable Energy Agency (IRENA) has released a new report series on global hydrogen, showing the importance of its commercial transport and trade for the establishment of a more diversified and sustainable energy system as well as CO2 emissions reduction. Hydrogen is the most important component of a...

BP Energy Outlook 2022: more renewables, less hydrocarbons, intensive electrification

27.05.2022

The BP Energy Outlook 2022 defines aspects of the energy transition focusing on three main scenarios: Accelerated, Net Zero and New Momentum, which illustrate a wide range of possible outcomes for the energy system to 2050. The scenarios deal with carbon emissions including CO2, emissions from energy production and use,...

U.S. Annual Energy Outlook 2022: Energy consumption and natural exports will grow through 2050

14.03.2022

The Annual Energy Outlook 2022 (AEO2022) presented by the Energy Information Administration (EIA) examines long-term energy trends in the United States. Based on the Reference case that serves as a comparison between alternative trends, AEO2022 presents modeled projections and assumptions about future energy production,...

COP-26. Targets for the energy sector

30.12.2021

The Climate Change Conference of the Parties in Glasgow, which ended in mid-November, was a significant milestone in the fight against global warming. Now, nearly two months after the end of the summit, after it has been displaced in the media by other topics, it is time to take a closer look at the strengths and the...

2021 World Oil Outlook 2045: oil will stay the world’s main fuel over the next decades

05.11.2021

The 2021 OPEC World Oil Outlook (WOO) by Organization of the Petroleum Exporting Countries (OPEC) provides review of the global oil and energy industries offering expert analysis of many of the challenges and opportunities facing the global oil industry. The forecasts made in WOO-2021 cover the long term to 2045 and take into...

Global hydrogen development: great potential to accelerate the energy transition

30.10.2021

The World Energy Council recently published a series of working papers and reports on the global development of hydrogen and its role in the energy transition. The publications explore demand dynamics and price changes for hydrogen, as well as national strategies around the world to support the development of hydrogen...

2020 World Oil Outlook 2045: Global energy demand dropped under COVID-19 lockdowns

15.10.2020

OPEC (Organization of the Petroleum Exporting Countries) has presented the 14th edition of its World Oil Outlook (WOO) exploring the prospects for the global economy and energy, with a particular focus on oil supply and demand. The researches highlight the impact of the COVID-19 pandemic on the global energy and oil markets,...

World Energy Scenarios 2019: European Regional Perspectives

20.09.2019

Since 2010, The World Energy Council has been developing the so called Energy Scenarios, reports on the future of energy systems worldwide, providing a strategic framework aimed at helping energy leaders and policy makers to explore the quickly shifting landscape in the energy sector and make better-quality decisions. The Worl...