International Energy Outlook
|
|
|
- Ashley Webb
- 7 years ago
- Views:
Transcription
1 International Energy Outlook For Houston, TX By Adam Sieminski, Administrator U.S. Energy Information Administration U.S. Energy Information Administration Independent Statistics & Analysis
2 Renewable energy and nuclear power are the fastest growing sources of energy consumption; oil still dominates world energy consumption by fuel quadrillion Btu History 25 2 Liquids (including biofuels) 21 34% Coal Projections 28% 27% 23% % 22% 11% 5% Natural gas Nuclear Renewables (excluding biofuels) 7% % Share of world total Source: EIA, International Energy Outlook 213 2
3 World energy consumption growth is concentrated in non- OECD countries world energy consumption, quadrillion Btu 1, History Projections 8 6 Non-OECD 4 2 OECD Source: EIA, International Energy Outlook 213 3
4 Results from the IEO214 Reference case World petroleum and other liquid fuels use increases by 38% between 21 and 24, all in the non-oecd Developing Asia (including China and India) and the Middle East account for 85% of the increase Increased demand requires 33 MMbbl/d of additional liquid fuels supplies to reach 119 MMb/d by 24 OPEC crude and lease condensate increases by 14 MMbbl/d Non-OPEC crude and lease condensate increases by 1 MMbbl/d Other liquid supplies (from NGPL, biofuels, CTL, GTL, and refinery gain) grow in importance, supplying 17% of total liquids production by 24 4
5 These seven regions accounted for 95% of U.S. oil production growth and all U.S. natural gas production growth from Source: EIA, Drilling Productivity Report 5
6 The U.S. has experienced a rapid increase in natural gas and oil production from shale and other tight resources Eagle Ford (TX) Bakken (MT & ND) Spraberry (TX & NM Permian) Bonespring (TX & NM Permian) Wolfcamp (TX & NM Permian) Delaware (TX & NM Permian) Yeso-Glorieta (TX & NM Permian) Niobrara-Codell (CO, WY) Haynesville Utica (OH, PA & WV) Marcellus Woodford (OK) Granite Wash (OK & TX) Austin Chalk (LA & TX) Monterey (CA) U.S. tight oil production million barrels of oil per day Marcellus (PA & WV) Haynesville (LA & TX) Eagle Ford (TX) Fayetteville (AR) Barnett (TX) Woodford (OK) Bakken (ND) Antrim (MI, IN, & OH) Utica (OH, PA & WV) Rest of US 'shale' U.S. dry shale gas production billion cubic feet per day Sources: EIA derived from state administrative data collected by DrillingInfo Inc. Data are through August 214 and represent EIA s official tight oil & shale gas estimates, but are not survey data. State abbreviations indicate primary state(s). 6
7 Resource and technology assumptions have major implications for projected U.S. crude oil production beyond the next few years Reference case million barrels per day High Oil and Gas Resource case million barrels per day 14 history 212 projections 14 history 212 projections STEO November 214 U.S. crude oil projection 1 8 tight oil 6 tight oil 4 other lower 48 states onshore 2 lower 48 states offshore Alaska other lower 48 states onshore 2 lower 48 states offshore Alaska Source: EIA, Annual Energy Outlook 214; Short Term Energy Outlook, November 214 7
8 EIA Reference scenario shows world tight oil production increasing to almost 8 million b/d in 225 tight oil production million barrels per day history projections World (IEO214 Reference case) 8 6 U.S. (AEO214 & IEO214 Reference case) Source: EIA, Annual Energy Outlook 214 and International Energy Outlook 214 8
9 Tight oil production will spread to nations outside of the United States and Canada over the projection tight oil production, Reference case million barrels per day 8 7 AEO214 High Resource case MMbbl/d in 215 (STEO) 3.9 MMbbl/d in 214 (STEO) 2.9 MMbbl/d in United States Canada Mexico Russia Argentina China Rest of world Source: EIA, International Energy Outlook 214 9
10 U.S. is the largest producer of petroleum and natural gas in the world estimated U.S., Russia, and Saudi Arabia petroleum and natural gas production quadrillion Btu million barrels per day of oil equivalent 6. United States Russia Saudi Arabia natural gas petroleum e Source: U.S. Energy Information Administration Note: Petroleum production includes crude oil, natural gas liquids, condensates, refinery processing gain, and other liquids, including biofuels; barrels per day oil equivalent were calculated using a conversion factor of 1 barrel oil equivalent=5.55 million British thermal units (Btu) 5 1
11 U.S. oil production growth helping to offset unplanned outages estimated unplanned crude oil production outages million barrels per day U.S. Production growth* Other Non-OPEC Syria Sudan / S. Sudan Iraq Nigeria Libya Iran Non- OPEC OPEC. Jan-212 Jul-212 Jan-213 Jul-213 Jan-214 Jul-214 Source: EIA, Short-Term Energy Outlook, November 214 *monthly production delta versus Jan. 211 production level 11
12 Effect of low oil prices on U.S. shale oil production US+CA, oil+ngls from tight plays (kbbld) Brent-indexed breakeven prices: Source: Rystad Energy North America Quarterly Shale Report 12
13 U.S. shale gas leads growth in total gas production through 24, when production exceeds 1 billion cubic feet per day U.S. dry natural gas production trillion cubic feet 4 history billion cubic feet per day projections Non-associated onshore 2 5 Non-associated offshore Associated with oil Alaska 1 Coalbed methane Source: EIA, Annual Energy Outlook 214, Reference case Shale gas Tight gas
14 Natural gas consumption growth is driven by electric power, industrial, and transportation use U.S. dry gas consumption trillion cubic feet history projections electric power Source: EIA, Annual Energy Outlook 214, Reference case industrial* transportation** commercial residential *Includes combined heat-and-power and lease and plant fuel **Includes pipeline fuel 14
15 U.S. becomes a net exporter of natural gas in the near future U.S. dry natural gas trillion cubic feet per year history projections billion cubic feet per day Consumption Domestic supply Net exports Source: EIA, Annual Energy Outlook 214 Reference case 15
16 Projected U.S. natural gas trade depends on assumptions regarding resources and future technology advances Reference case trillion cubic feet per year 8 High Oil and Gas Resource case trillion cubic feet per year 8 billion cubic feet per day exports to Mexico 4 exports to Canada 2 lower 48 LNG exports imports from Canada LNG imports Source: EIA, Annual Energy Outlook 214, Reference case and High Oil and Gas Resource case 16
17 Most of the growth in production between 211 and 215 consists of sweet grades with API gravity of 4 or above U.S. crude oil production by type million barrels of oil per day history forecast API 5+ API 4-5 API 35-4 API API below Source: EIA, DrillingInfo, Colorado DNR, Texas RRC. 17
18 Crude oil and associated liquids contain a wide variety of hydrocarbons Source: EIA via Harvey Crude Assay Management System 18
19 EIA projects declines in carbon dioxide emissions for all sectors except industrial relative to 25 Source: EIA Annual Energy Outlook
20 Coal continues to account for the largest share of global energyrelated carbon dioxide emissions throughout the projection world energy-related carbon dioxide emissions by fuel billion metric tons 5. History 21 Projections Coal 2. Natural gas 1. Liquid fuels Source: EIA, International Energy Outlook 213 2
21 Areas of uncertainty in the outlook Oil prices China s energy demand growth; particularly in transportation Increasing global trade of natural gas and hydrocarbon gas liquids in addition to oil Global development of tight oil and shale gas resources Policy decisions on crude oil exports Impact of geopolitical tensions on energy supply Constraints on CO 2 21
22 EIA natural gas production forecasts were revised up significantly between 213 and 214 forecasted dry natural gas production billion cubic feet per day AEO 213 AEO AEO 24 4 actual production history Source: EIA Annual Energy Outlook; EIA Monthly Natural Gas Production Report 22
23 EIA crude oil production forecasts were also revised up substantially between 213 and 214 forecasted crude oil production million barrels per day AEO 214 AEO actual production history AEO Source: EIA Annual Energy Outlook; EIA via state agencies 23
24 For more information U.S. Energy Information Administration home page Annual Energy Outlook Short-Term Energy Outlook International Energy Outlook Monthly Energy Review Today in Energy State Energy Portal Drilling Productivity Report 24
U.S. Energy Outlook. Oil and Gas Strategies Summit May 21, 2014 New York, NY. By Adam Sieminski, EIA Administrator
U.S. Energy Outlook May 21, 214 New York, NY By Adam Sieminski, EIA Administrator U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov The U.S. has experienced a rapid increase
The Growth of U.S. Natural Gas: An Uncertain Outlook for U.S. and World Supply
The Growth of U.S. Natural Gas: An Uncertain Outlook for U.S. and World Supply For 2015 EIA Energy Conference Washington, D.C. By John Staub, Team Lead, Exploration and Production Analysis U.S. Energy
2014 BP Madrid forum on energy & sustainability BP 2014
14 BP Madrid forum on energy & sustainability BP 14 Contents Global energy trends Liquid fuels Refining implications European focus Energy Outlook 35 BP 14 Primary energy consumption growth slows and the
EIA s U.S. Crude Oil Import Tracking Tool: Selected Sample Applications
EIA s U.S. Crude Oil Import Tracking Tool: Selected Sample Applications November 2014 Independent Statistics & Analysis www.eia.gov U.S. Department of Energy Washington, DC 20585 This report was prepared
International Energy Outlook 2007
DOE/EIA-0484(2007) International Energy Outlook 2007 May 2007 Energy Information Administration Office of Integrated Analysis and Forecasting U.S. Department of Energy Washington, DC 20585 This publication
Effect of Increased Natural Gas Exports on Domestic Energy Markets
Effect of Increased Natural Gas Exports on Domestic Energy Markets as requested by the Office of Fossil Energy January 2012 This report was prepared by the U.S. Energy Information Administration (EIA),
IEA-IEF-OPEC Outlook Comparison
IEA-IEF-OPEC Outlook Comparison Richard Newell, Director, Duke University Energy Initiative Gendell Professor of Energy and Environmental Economics, Nicholas School of the Environment Sixth IEA-IEF-OPEC
Contacts. Electronic access and related reports
Contacts The International Energy Outlook 2011 was prepared under the general direction of John Conti, Assistant Administrator for Energy Analysis (john.conti@eia.gov, 202-586-2222), and Paul Holtberg,
Suzanne Minter. Manager, Oil and Gas Consulting BENTEK Energy. Natural Gas Outlook
Suzanne Minter Manager, Oil and Gas Consulting BENTEK Energy Natural Gas Outlook North American Natural Gas The Fertilizer Institute November, 2014 2013 Platts, McGraw Hill Financial. All rights reserved.
Outlook for Oil and Natural Gas Markets
Outlook for Oil and Natural Gas Markets Helen Currie, PhD Senior Economist Legislative Finance Committee State of New Mexico 09-July-2014 Farmington, New Mexico Cautionary Statement The following presentation
March 2015 MEGATRENDS IN THE OIL AND GAS INDUSTRY
March 2015 MEGATRENDS IN THE OIL AND GAS INDUSTRY Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues,
North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future
North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future Updated Supply Demand Outlook Background Executive Summary June 28, 2011 Sufficient midstream natural gas infrastructure,
TABLE OF CONTENTS PART A PART B GLOBAL ENERGY TRENDS INDIA ENERGY OUTLOOK ANNEXES INTRODUCTION AND SCOPE GLOBAL ENERGY TRENDS TO 2040
TABLE OF CONTENTS PART A GLOBAL ENERGY TRENDS INTRODUCTION AND SCOPE GLOBAL ENERGY TRENDS TO 2040 OIL MARKET OUTLOOK LOW OIL PRICE SCENARIO NATURAL GAS MARKET OUTLOOK OUTLOOK FOR UNCONVENTIONAL GAS COAL
Disclaimer. Energy Outlook 2030 2
January 213 Disclaimer This presentation contains forward-looking statements, particularly those regarding global economic growth, population growth, energy consumption, policy support for renewable energies
Trends in the oil and gas markets
Trends in the oil and gas markets Danske Markets oil and gas seminar Oslo, 12.06.12 Ottar Skagen, Statoil CFO Macroeconomics and Market Analysis Oil prices on a rollercoaster since the mid 2000s Source:
Rush hour in Kolkata (formerly Calcutta), India. Between 1990 and 2000, the number of motor vehicles per capita more than doubled in four
Rush hour in Kolkata (formerly Calcutta), India. Between 1990 and 2000, the number of motor vehicles per capita more than doubled in four Asia-Pacific nations: South Korea, the Philippines, India, and
BP Energy Outlook 2035
BP January 2014 bp.com/energyoutlook #BPstats Disclaimer This presentation contains forward-looking statements, particularly those regarding global economic growth, population growth, energy consumption,
UNECE Energy Week Geneva. in Energy Security
UNECE Energy Week Geneva Investing in Energy Security Committee on Sustainable Energy and related Meetings Wednesday 28 November 2007 Special Session: Investing in and Financing the Hydrocarbon Sector
And Then There Was Abundance: Examining Natural Gas in 2012. Bruce McDowell Director, Policy Analysis American Gas Association bmcdowell@aga.
And Then There Was Abundance: Examining Natural Gas in 2012 Bruce McDowell Director, Policy Analysis American Gas Association bmcdowell@aga.org NOTICE: In issuing and making this presentation and publication
World Energy Outlook 2007: China and India Insights. www.worldenergyoutlook.org International Energy Agency
World Energy Outlook 27: China and India Insights www.worldenergyoutlook.org International Energy Agency Why Focus on China & India? Increase in World Primary Energy Demand, Imports & Energy-Related CO
SPECIAL REPORT: Crude Oil, Natural Gas Production Projected To Increase In U.S.
SPECIAL REPORT: Crude Oil, Natural Gas Production Projected To Increase In U.S. April 2013 Executive Summary Just a few years ago, no one would have thought that U.S. oil production could surpass Saudi
Annual Energy Outlook 2004
DOE/EIA-0383(2004) January 2004 Annual Energy Outlook 2004 With Projections to 2025 January 2004 For Further Information... The Annual Energy Outlook 2004 (AEO2004) was prepared by the Energy Information
LNG Poised to Significantly Increase its Share of Global Gas Market David Wood February 2004 Petroleum Review p.38-39
LNG Poised to Significantly Increase its Share of Global Gas Market David Wood February 2004 Petroleum Review p.38-39 For the past few years LNG has experienced high levels of activity and investment in
Natural Gas / Electricity and the Industrial Sector. The Dismantling of US Manufacturing
Natural Gas / Electricity and the Industrial Sector The Dismantling of US Manufacturing Paul Cicio President Industrial Energy Consumers of America August, 2007 Who Are Energy Price Sensitive Industries?
CBRE CLARION SECURITIES MASTER LIMITED PARTNERSHIPS: GLOBALIZATION OF ENERGY MARKETS LEADING TO SECULAR GROWTH
CBRE CLARION SECURITIES MASTER LIMITED PARTNERSHIPS: GLOBALIZATION OF ENERGY MARKETS LEADING TO SECULAR GROWTH MAY 2014 201 King of Prussia Road, Suite 600 Radnor, PA 19087 USA T. 610.995.2500 www.cbreclarion.com
Oil and Natural Gas Outlook: Implications for Alaska The Alliance Meet Alaska. Remarks by Marianne Kah Chief Economist
Oil and Natural Gas Outlook: Implications for Alaska The Alliance Meet Alaska Remarks by Marianne Kah Chief Economist Cautionary Statement The following presentation includes forward-looking statements.
STEO Supplement: Why are oil prices so high?
STEO Supplement: Why are oil prices so high? During most of the 1990s, the West Texas Intermediate (WTI) crude oil price averaged close to $20 per barrel, before plunging to almost $10 per barrel in late
The Oil Market to 2030 Implications for Investment and Policy
This article copyrighted by the International Association for Energy Economics The article first appeared in Economics of Energy & Environmental Policy (Vol. 1, No. 1). Visit this paper online at http://www.iaee.org/en/publications/eeepjournal.aspx
Energy Prices. Presented by: John Heffernan
Global Wholesale Energy Prices Presented by: John Heffernan Energy in 2012 In 2012, the growth in Energy consumption slowed in 2012 90% of this growth came from China & India Consumption & production of
Energy Projections 2006 2030 Price and Policy Considerations. Dr. Randy Hudson Oak Ridge National Laboratory
Energy Projections 2006 2030 Price and Policy Considerations Dr. Randy Hudson Oak Ridge National Laboratory There is perhaps no single current topic so potentially impacting to all life on this planet
Annual Energy Outlook 1998
DOE/EIA-08(98) Distribution Category UC-90 Annual Energy Outlook 998 With Projections to 00 December 997 Energy Information Administration Office of Integrated Analysis and Forecasting U.S. Department
Joint IEA-IEF-OPEC Report on the Third Symposium on Energy Outlooks 22 January 2013, Riyadh
Joint IEA-IEF-OPEC Report on the Third Symposium on Energy Outlooks 22 January 2013, Riyadh 1 Contents EXECUTIVE SUMMARY... 2 1. INTRODUCTION... 5 2. KEY FINDINGS FROM THE SECOND SYMPOSIUM ON ENERGY OUTLOOKS,
Global growth rates Macroeconomic indicators CEDIGAZ Reference Scenario
Medium and Long Term Natural Gas Outlook CEDIGAZ February 215 Global growth rates Macroeconomic indicators CEDIGAZ Reference Scenario 4 3 %/year 199-213 213-235 6 Main consuming markets - %/year (213-235)
Oil & Gas Capital Expenditure Outlook 2013. GDGE0020TR / Published January 2013
Oil & Gas Capital Expenditure Outlook 2013 GDGE0020TR / Published January 2013 Global Oil and Gas Capital Expenditure is Expected to Increase to US$XX Billion in 2013 The global oil and gas capital expenditure
Abundant Shale Gas Resources: Long-Term Implications for U.S. Natural Gas Markets Stephen P.A. Brown and Alan J. Krupnick * 1 July 2010
Abundant Shale Gas Resources: Long-Term Implications for U.S. Natural Gas Markets Stephen P.A. Brown and Alan J. Krupnick * 1 July 2010 Abstract: According to recent assessments, the United States has
CO-PRODUCING WELLS AS A MAJOR SOURCE OF METHANE EMISSIONS: A REVIEW OF RECENT ANALYSES PREPARED BY ENVIRONMENTAL DEFENSE FUND MARCH 2014
CO-PRODUCING WELLS AS A MAJOR SOURCE OF METHANE EMISSIONS: A REVIEW OF RECENT ANALYSES PREPARED BY ENVIRONMENTAL DEFENSE FUND MARCH 2014 The Environmental Protection Agency s ( EPA s ) New Source Performance
BP Energy Outlook 2035
BP February 215 bp.com/energyoutlook #BPstats Disclaimer This presentation contains forward-looking statements, particularly those regarding global economic growth, population growth, energy consumption,
DISCUSSION PAPER. Abundant Shale Gas Resources: Long-Term Implications for U.S. Natural Gas Markets. Stephen P.A. Brown and Alan J.
DISCUSSION PAPER August 2010 RFF DP 10-41 Abundant Shale Gas Resources: Long-Term Implications for U.S. Natural Gas Markets Stephen P.A. Brown and Alan J. Krupnick 1616 P St. NW Washington, DC 20036 202-328-5000
World Energy Outlook 2012. Presentation to the press London, 12 November 2012
World Energy Outlook 2012 Presentation to the press London, 12 November 2012 The context Foundations of global energy system shifting Resurgence in oil & gas production in some countries Retreat from nuclear
World Energy Outlook 2009. Presentation to the Press London, 10 November 2009
World Energy Outlook 29 Presentation to the Press London, 1 November 29 The context The worst economic slump since the 2 nd World War & signs of recovery but how fast? An oil price collapse & then a rebound
WORLD ENERGY OUTLOOK 2012 FACTSHEET How will global energy markets evolve to 2035?
How will global energy markets evolve to 2035? Taking all new developments and policies into account, the world is still failing to put the global energy system onto a more sustainable path. The New Policies
The Golden Age of Gas Supply Considerations
The Golden Age of Gas Supply Considerations A golden age of gas requires plentiful supplies of gas (at the right price) This presentation looks at the volumes of gas likely to be available in the future
THE WORLD OIL MARKET. Mohan G. Francis
THE WORLD OIL MARKET Mohan G. Francis With the Bush administration busily moving military forces to the Gulf region, the sense of an impending war has begun to make an impact on the world petroleum markets.
Oil & Gas Market Outlook. 6 th Norwegian Finance Day Marianne Kah, Chief Economist March 2, 2016
Oil & Gas Market Outlook 6 th Norwegian Finance Day Marianne Kah, Chief Economist March 2, 2016 Challenging Market Environment Concerns that global economic growth will slow and reduce global oil and natural
Natural Gas and LNG Business Today and Tomorrow
Natural Gas and LNG Business Today and Tomorrow September 7, 2011 Mitsubishi Corporation Energy Business Group Junichi Iseda Senior Vice President, Division COO Natural Gas Business Division B Part 1:
Impact of oil & gas production tax credits at low oil prices
Impact of oil & gas production tax credits at low oil prices Presentation to Senate Finance Committee Juneau, Alaska Tuesday, January 27, 2015 Janak Mayer, Partner janak.mayer@.com Nikos Tsafos, Partner
Disclaimer. 2016 Energy Outlook 1
Disclaimer This presentation contains forward-looking statements, particularly those regarding global economic growth, population and productivity growth, energy consumption, energy efficiency, policy
The Central Role of Energy Efficiency in the Energy Outlook and EIA s Energy Data Program
The Central Role of Energy Efficiency in the Energy Outlook and EIA s Energy Data Program For MIT Energy Initiative Symposium May 12, 2014 Cambridge, MA By Howard Gruenspecht, Deputy Administrator U.S.
A Case for Midstream Energy
Case Studies March 2014 Listed Infrastructure: A Case for Midstream Energy Case Studies is a Cohen & Steers series that evaluates compelling investment themes in our various sectors of expertise. This
KEY ISSUES IN OIL INVENTORIES
KEY ISSUES IN OIL INVENTORIES Third IEA IEF OPEC Symposium on Energy Outlooks Riyadh, 22 January, 2013 Joel R. Couse VP Market Analysis for Trading & Shipping TOTAL SA 1 WORLD SUPPLY/DEMAND BALANCE 94
Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States
Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States June 2013 Independent Statistics & Analysis www.eia.gov U.S. Department
What drives crude oil prices?
What drives crude oil prices? An analysis of 7 factors that influence oil markets, with chart data updated monthly and quarterly Washington, DC U.S. Energy Information Administration Independent Statistics
Issue. September 2012
September 2012 Issue In a future world of 8.5 billion people in 2035, the Energy Information Administration s (EIA) projected 50% increase in energy consumption will require true all of the above energy
WORLD ENERGY OUTLOOK 2014 FACTSHEET How will global energy markets evolve to 2040?
How will global energy markets evolve to 2040? In the New Policies Scenario, energy demand grows by 37% to 2040 on planned policies, an average rate of growth of 1.1%. Demand grew faster over the previous
Natural Gas: Winter 2012-13 Abundance! and Some Confusion
Natural Gas: Winter 2012-13 Abundance! and Some Confusion NASEO Winter Fuels Outlook Washington, D.C. October 10, 2012 Bruce B. Henning Vice President, Energy Regulatory and Market Analysis BHenning@icfi.com
Oil Markets into 2006. Peter Davies Chief Economist, BP plc British Institute of Energy Economics London. 24 January, 2006
Oil Markets into 26 Peter Davies Chief Economist, BP plc British Institute of Energy Economics London. 24 January, 26 Outline Oil and energy today How did we get to here? Prospects for 26 Into the medium
Alternative and Renewable Energy. Christopher Nicholson section: AD Last 4 # of SIN: 5001
Alternative and Renewable Energy Christopher Nicholson section: AD Last 4 # of SIN: 5001 Current Primary Energy Sources Current Primary Energy Sources The pie chart on the left depicts global sources of
PIPELINE FUNDAMENTALS. texaspipelines.com
PIPELINE FUNDAMENTALS texaspipelines.com Texas Oil & Gas: Generating $2.6 Billion for State Revenues texaspipelines.com Texas Oil & Gas Texas produces 20% of US Domestic Oil Production 1.1 Million Barrels
Table of CONTENTS THE NATURAL GAS CHAIN IN COLOMBIA
2 THE NATURAL GAS CHAIN IN COLOMBIA Table of CONTENTS 1 INTERNATIONAL ENVIRONMENT... 8 1.1 Energy in the world... 9 1.2 Natural gas in the world... 15 1.3 Natural Gas in Latin America... 19 2 NATIONAL
On October 21, 2008, the Federal Reserve
Anticipated Recession Effects Gas Prices Natural Gas Prices in a Recession This is a preprint of an article published in Natural Gas & Electricity 2008, Dec., Wiley Periodicals, Inc. http://www3.interscience.wiley.com/cgi-bin/jhome/105559587
Unconventional oil and gas: outlook, risks, and potential
20140519_SBC_International Energy Forum - Paper_v05 Unconventional oil and gas: outlook, risks, and potential May 2014 Moscow Table of Contents KEY INSIGHTS... 2 1. UNCONVENTIONAL RESOURCES ARE SIZEABLE
International Index of Energy Security Risk
International Index of Energy Security Risk Assessing Risk in a Global Energy Market 2013 Edition Institute for 21st Century Energy U.S. Chamber of Commerce www.energyxxi.org The mission of the U.S. Chamber
For further information...
For further information... The Annual Energy Outlook 2015 (AEO2015) was prepared by the U.S. Energy Information Administration (EIA), under the direction of John J. Conti (john.conti@eia.gov, 202/586-2222),
Annual Energy Outlook 2007
DOE/EIA-0383(2007) February 2007 Annual Energy Outlook 2007 With Projections to 2030 Energy Information Administration Office of Integrated Analysis and Forecasting U.S. Department of Energy Washington,
Unconventional Oil Potential Tends to Change the World Oil Market
Energy Science and Technology Vol. 4, No. 1, 2012, pp. 68-74 DOI:10.3968/j.est.1923847920120401.178 ISSN 1923-8460[PRINT] ISSN 1923-8479[ONLINE] www.cscanada.net www.cscanada.org Unconventional Oil Potential
Electricity Sources. Coal Fleet
This paper is called Coal Facts because it provides factual information and data related to coal-based electricity. Most of the data are taken from independent third party sources, such as the Energy Information
Oil Markets Update- October 2015
SICO Research November 23, - October Crude prices remain low in October led by oversupply and weak economic indicators October has been a volatile month for crude prices; Brent reached USD 53.05/bbl in
The World Fossil Fuel Market and America's Energy Future
The World Fossil Fuel Market and America's Energy Future Frank A. Wolak Department of Economics Stanford University Stanford, CA 94305-6072 wolak@zia.stanford.edu http://www.stanford.edu/~wolak Outline
Global Energy Trends; 2030 to 2050
Global Energy Trends; 2030 to 2050 Hilbre Consulting Limited, Heswall, Wirral, UK billwpyke@aol.com March 2012 This note synthesises and analyses the key conclusions from seven recent, authoritative studies
Natural Gas Monthly. October 2015. Office of Oil, Gas, and Coal Supply Statistics www.eia.gov. U.S. Department of Energy Washington, DC 20585
Natural Gas Monthly October 2015 Office of Oil, Gas, and Coal Supply Statistics www.eia.gov U.S. Department of Energy Washington, DC 20585 This report was prepared by the U.S. Energy Information Administration
Adjusted Estimates of Texas Natural Gas Production
Adjusted Estimates of Texas Natural Gas Production Background The Energy Information Administration (EIA) is adjusting its estimates of natural gas production in Texas for 2004 and 2005 to correctly account
Overview of New Mexico Taxes on Oil and Gas Production Presented to the Revenue Stabilization and Tax Policy Committee
Overview of New Mexico Taxes on Oil and Gas Production Presented to the Revenue Stabilization and Tax Policy Committee Thomas Clifford PhD, Policy and Research Director N.M. Taxation and Revenue Department
2015 JET FUEL PRICE FORECAST
2015 JET FUEL PRICE FORECAST Airlines The prospects for airlines are dependant on economic recovery. There is little to indicate an early end to the downturn. It will be a grim 2009. And while prospects
Short-Term Energy Outlook Market Prices and Uncertainty Report
February 2016 Short-Term Energy Outlook Market Prices and Uncertainty Report Crude Oil Prices: The North Sea Brent front month futures price settled at $34.46/b on February 4 $2.76 per barrel (b) below
Crude Behavior: How Lifting the Export Ban Reduces Gasoline Prices in the United States
Date Issue Brief # I S S U E B R I E F Crude Behavior: How Lifting the Export Ban Reduces Gasoline Prices in the United States Stephen P.A. Brown, Charles Mason, Alan Krupnick, and Jan Mares February 2014;
Crude Oil and LNG Exports
Crude Oil and LNG Exports Yale Alumni in Energy Conference April 2015 Claudia Duncan Crude Oil Export Policy - History 1920: Mineral Leasing Act Endows federal government with authority to manage exploration
Global Trade and Fuels Assessment Additional ECA Modeling Scenarios
Global Trade and Fuels Assessment Additional ECA Modeling Scenarios Global Trade and Fuels Assessment Additional ECA Modeling Scenarios Assessment and Standards Division Office of Transportation and Air
Oil Price and Korean Economy
Oil Price and Korean Economy April 17, 2015 Jaerang Lee - Contents - I. Oil Price Outlook II. Effects on Korean Economy III. Conclusion I. Oil Price Outlook Oil prices have lowered to around mid 50 dollars
Oil and Gas U.S. Industry Outlook
Oil and Gas U.S. Industry Outlook VERSION 01 YEAR 13 OUTLOOK: Positive fundamentals & outlook www.eulerhermes.us Key points WTI Crude is expected to continue to converge to Brent crude prices, narrowing
Alternative RE Approach Technical Support Document
Alternative RE Approach Technical Support Document 1.1. Introduction Renewable energy (RE) is a cost-effective approach for reducing carbon dioxide (CO 2) emissions from fossil fuel-fired electric generating
Unconventional Oil and Gas Production Drives Trends in Water Management and Treatment
Unconventional Oil and Gas Production Drives Trends in Water Management and Treatment Jelena Stanic, Global Water Intelligence A research report, Water for the Onshore Oil and Gas, by Global Water Intelligence
Assumptions to the Annual Energy Outlook 2014
Assumptions to the Annual Energy Outlook 2014 June 2014 Independent Statistics & Analysis www.eia.gov U.S. Department of Energy Washington, DC 20585 This page intentionally left blank Introduction This
Anne Sophie CORBEAU International Energy Agency GEP AFTP 12Janvier 2012
World Energy Outlook Russie et Energie Anne Sophie CORBEAU International Energy Agency GEP AFTP 12Janvier 2012 Emerging economies continue todrive global energy demand Mtoe 4 500 4 000 3 500 3 000 2 500
Transamerica MLP & Energy Income
Alternative Investments Transamerica MLP & Energy Income A comprehensive approach to infrastructure investing Portfolio managed by Kayne Anderson Capital Advisors, L.P. Transamerica Funds are advised by
US Shipbuilding and LNG JECKU TEM. Tom Wetherald
US Shipbuilding and LNG JECKU TEM Tom Wetherald US Coastwise Fleet Distribution Oceangoing Vessels Product Tanker Crude Carrier Containership 31 vessels in service 11 vessels in service 27 vessels in service
Effects of Removing Restrictions on U.S. Crude Oil Exports
Effects of Removing Restrictions on U.S. Crude Oil Exports September 2015 Independent Statistics & Analysis www.eia.gov U.S. Department of Energy Washington, DC 20585 This report was prepared by the U.S.
BLOOMBERG NEW ENERGY FINANCE SUMMIT
BLOOMBERG NEW ENERGY FINANCE SUMMIT NEW YORK 8 APRIL 2014 MICHAEL LIEBREICH CHAIRMAN OF THE ADVISORY BOARD TWITTER: @MLIEBREICH #BNEF2014 Michael Liebreich BNEFSummit 2014 Twitter: @Mliebreich #BNEF2014
Natural Gas Monthly. May 2016. Office of Oil, Gas, and Coal Supply Statistics www.eia.gov. U.S. Department of Energy Washington, DC 20585
Natural Gas Monthly May 2016 Office of Oil, Gas, and Coal Supply Statistics www.eia.gov U.S. Department of Energy Washington, DC 20585 This report was prepared by the U.S. Energy Information Administration
T a b l e. o f. C o n
World Energy Outlo ok 2010 T a b l e PART A GLOBAL ENERGY TRENDS o f C o n te PART B OUTLOOK FOR RENEWABLE ENERGY PART C ACHIEVING THE 450 SCENARIO AFTER COPENHAGEN n t s PART D OUTLOOK FOR CASPIAN ENERGY
The shale revolution - impact on the global oil and gas market
The shale revolution - impact on the global oil and gas market Thina Margrethe Saltvedt, Senior Analyst, Macro/Oil March 2013 @ThinaSaltvedt Brief intro to the oil market Drivers of the oil price Short-term
Oil Market Outlook. March 2016. Compiled by Dr Jeremy Wakeford
Oil Market Outlook March 2016 Compiled by Dr Jeremy Wakeford Highlights Oil prices have remained very weak in recent months, with the Brent benchmark averaging $31/bbl in January and $32/bbl in February
US Ethane and Ethylene Exports & Markets Report
US Ethane and Ethylene Exports & Markets Report Introduction With the development of shale gas and oil the U.S. production landscape has experienced a dramatic shift over the last 5 years. There has been
2015 Oil Outlook. january 21, 2015
MainStay Investments is pleased to provide the following investment insights from Epoch Investment Partners, Inc., a premier institutional manager and subadvisor to a number of MainStay Investments products.
Gasification as a Strategic Energy and Environmental Option
Gasification as a Strategic Energy and Environmental Option William G. Rosenberg 79 John F. Kennedy Street Center for Business & Government Belfer Center for Science & International Affairs Kennedy School
Oil and Gas Terms. Anticline: An arch of stratified rock layers that may form a trap for hydrocarbons.
Oil and Gas Terms American Petroleum Institute (API): The API is the trade organization for the oil and gas industry, which establishes standards governing industry operations, safety and the manufacturing
Natural Gas Supply and Development - North American Oil
Chapter One Crude Oil and Natural Gas Resources and Supply Abstract Prudent development of North American crude oil and natural gas resources should begin with a reliable understanding of the resource
Oil Gas expo 2015 is comprised of 13 Main tracks and 131 sub tracks designed to offer comprehensive sessions that address current issues.
OMICS Group cordially invites participants from all over the world to attend International Conference and Expo on Oil and Gas, scheduled during November, 16-18, 2015 at Dubai, UAE mainly focused on the
Transforming America s Energy Future. Kentucky. Energy Statistics. Developed by
Transforming America s Energy Future Kentucky Energy Statistics Developed by 2 2 Summary The first edition of Kentucky Energy Statistics is offered by the National Association for State Energy Officials
Preparing for Changes in Market Design
Preparing for Changes in Market Design EMART Conference Didier Lebout, Strategy and Development Director Gazprom Marketing and Trading France Amsterdam, 21 November 2012 In this presentation GM&T Ltd:
many in the producing and investment community off guard and caused dramatic changes in producer behavior and balance sheets.
Testimony of Suzanne Minter Manager, Oil and Gas Consulting Platts Analytics before the U.S. Senate Energy and Natural Resources Committee Hearing to examine challenges and opportunities for oil and gas