The future of oil energy
Many European governments plan to implement binding GHG emissions targets and are drawing up national energy and climate plans. Options for the oil and gas 23 Aug 2019 Lifting us past the world's two petroleum giants Russia and Saudi Arabia, the U.S. shale oil boom since 2008 has been the top energy story in 9 Oct 2018 Predicting the energy sources of the future has always been a fool's game. In the 1950s, nuclear energy was supposed to promise cheap Oil accounts for more than one third of global primary energy supply and more than 95% of transport energy use—a critically important sector where there are no 3 Aug 2018 As oil prices tentatively recover from the 2014 crash and investments in alternative renewable energy sources gain momentum, oil and gas
The world is propelling fast towards a post-oil future when electric batteries will drive the world. After Elon Musk's Tesla popularised electric vehicles (EVs), now is the turn for planes to go electric. Boeing and JetBlue Airways have announced they would begin selling a hybrid-electric commuter aircraft by 2022.
We know what happened during the oil price collapse of the 1980s and the long grind to recovery. As for the future, expect volatility and for excessive exuberance to be punished by periods of low Explore our 2020 oil and gas industry outlook to help your energy business get ahead of upcoming challenges. Looking for the latest trends in the oil and gas industry? Explore the uncertainties, risks, and opportunities in our 2020 oil and gas industry outlook. While carefully building capabilities for the long-term future around the energy The world is propelling fast towards a post-oil future when electric batteries will drive the world. After Elon Musk's Tesla popularised electric vehicles (EVs), now is the turn for planes to go electric. Boeing and JetBlue Airways have announced they would begin selling a hybrid-electric commuter aircraft by 2022. While the campaign against climate change will continue to challenge the long-term future of oil and gas, it will be several decades before green energy finally takes over from fossil fuels. As such, the future of oil and gas promises continued growth with emerging technologies playing a crucial role while the global population growth and the rise of the middle-class will continue to drive demand. The future of energy Reports of oil’s death have been greatly exaggerated. In this McKinsey Podcast episode, the leader of our Energy practice and a director in our Houston office, Scott Nyquist, talks to McKinsey Publishing’s Cait Murphy about why oil isn’t running out, the shale-gas boom, and the most promising renewable technologies. In fact, plenty of contenders for the energy crown now held by fossil fuels are already at hand: wind, solar, even nuclear, to name a few. But the successor will have to be a congress, not a king. Virtually every energy expert I met did something unexpected: He pushed not just his own specialty but everyone else's too. The world is propelling fast towards a post-oil future when electric batteries will drive the world. After Elon Musk's Tesla popularised electric vehicles (EVs), now is the turn for planes to go electric. Boeing and JetBlue Airways have announced they would begin selling a hybrid-electric commuter aircraft by 2022.
29 Aug 2019 The main sources of this primary energy demand are oil, gas, coal, hydro, nuclear and renewables. BP's outlook to 2040 shows that although
The Future of Oil Oil was first discovered in the U.S. in 1859. At the beginning of the 20th century it supplied only 4% of the world’s energy; decades later it became the most important energy source. Today oil supplies about 40% of the world’s energy and 96% of its transportation energy. The current discussion about the future of oil is how soon will it be before petroleum becomes a sunset industry. If it isn’t already. Flat or falling demand. Carbon taxes. Electric cars. The future of oil and gas: ‘Smart drilling’. Nowadays, it seems like more and more companies want to become the Carl Lewis or Usain Bolt of drilling. Get out the blocks fast, hit every stride sweetly and cross the finish line to first oil in record time.
Many European governments plan to implement binding GHG emissions targets and are drawing up national energy and climate plans. Options for the oil and gas
29 Apr 2019 Oil reached peak consumption at the end of 1970s, but it is still Germany's most important primary energy source. Mineral oil covered 34.3 World Petroleum Council is the world's premier oil and gas forum and helps to catalyse and facilitate dialogue in order to find sustainable solutions to key energy 11 Jul 2019 Still, a report by British Petroleum found that carbon emissions grew by 2% in 2018, with energy demand up 2.9%. BP says that is the largest
14 Aug 2019 'Energy has dominated geopolitics in the 20th century.' 'The reason is simple: the resources for oil, gas and coal are concentrated in a limited
The Future of Oil Oil was first discovered in the U.S. in 1859. At the beginning of the 20th century it supplied only 4% of the world’s energy; decades later it became the most important energy source. Today oil supplies about 40% of the world’s energy and 96% of its transportation energy. The current discussion about the future of oil is how soon will it be before petroleum becomes a sunset industry. If it isn’t already. Flat or falling demand. Carbon taxes. Electric cars. The future of oil and gas: ‘Smart drilling’. Nowadays, it seems like more and more companies want to become the Carl Lewis or Usain Bolt of drilling. Get out the blocks fast, hit every stride sweetly and cross the finish line to first oil in record time. We know what happened during the oil price collapse of the 1980s and the long grind to recovery. As for the future, expect volatility and for excessive exuberance to be punished by periods of low Explore our 2020 oil and gas industry outlook to help your energy business get ahead of upcoming challenges. Looking for the latest trends in the oil and gas industry? Explore the uncertainties, risks, and opportunities in our 2020 oil and gas industry outlook. While carefully building capabilities for the long-term future around the energy
31 Oct 2019 The oil industry faces an uncertain future. The world is Workers in the energy industry need to be prepared for this shift. For knowledge 14 Aug 2019 'Energy has dominated geopolitics in the 20th century.' 'The reason is simple: the resources for oil, gas and coal are concentrated in a limited The oil and gas industry is facing a difficult environment today, with historically low commodity prices, among other factors. The future will likely bring even greater 9 Mar 2020 Kiplinger's latest forecast on the direction of crude oil, natural gas and motor fuel prices.