Global energy demand could decline 6% in 2020 due to pandemic: IEA
Global energy demand is set to fall by 6% in 2020, the largest in 70 years, due to the coronavirus pandemic, an expert with the International Energy Agency said June Continue Reading
Demand for fossil fuels may not ever return to 2019 peak levels
New Analysis by Boston Consulting Group Reveals That the COVID-19 Crisis May Have Brought Forward an Expected Decline in Demand for Fossil Fuels by More Than a Decade, Making a Continue Reading
The Next Step In The Electric Vehicle Evolution
The electric vehicle revolution has turned out to be more of an evolution, with the industry making slow and steady progress. Despite this progress, the electric vehicle industry is still Continue Reading
US crude exports jumped back over 3 million b/d last week, exports to China remain strong
VLCC rates fall in recent weeks, contango easing US crude exports jumped back over 3 million b/d last week, for the first time in a month as exports to China Continue Reading
Oil Demand Could Return To Pre-COVID Levels In 2021
Russia’s Energy Minister believes crude oil demand could fully recover to pre-COVID levels by 2021 This statement came after the head of Russia’s sovereign wealth fund said there was no Continue Reading
The Death Of Car Ownership: The Trillion Dollar Trend Upending The Auto Industry
ESG investing isn’t just a fad anymore–it’s minting millionaires and billionaires. From Jeff Bezos’ $10-billion commitment to a Global Earth Fund to BlackRock, we’re now seeing major ESG assets under Continue Reading
What’s Holding Back A Full Recovery In Oil Demand
Odds of a V-shaped recovery in oil demand are shrinking. Demand for jet fuel will continue to drag on global oil demand for at least another two years. Permanent changes Continue Reading
EV Batteries Are About To Get Their Own Passports
The EV sector is looking to issue a ‘Battery Passport,’ which can be seen as a global quality seal and verification tool on a digital platform that will share value Continue Reading
Inside the Aviation Industry’s Toughest Battle Yet: Getting Back in the Skies
The global aviation industry is preparing to fly again. Heathrow Airport, one of the world’s biggest gateways, illustrates how hard that will be until governments decide how to allow overseas Continue Reading
US jet demand rises as coronavirus lockdowns ease
US jet production is rising to meet growing demand as cautious fliers return to the sky amid the loosening of coronavirus lockdown restrictions, government inventory data showed June 17. Receive Continue Reading