Global

Global Industry: “Oil refining capacity to grow at record pace this year” – IEA

Posted on January 21, 2019January 21, 2019 by Mozambique Resources Post

Global oil refining capacity is set to increase at its fastest pace on record this year, possibly boosting stocks of products such as diesel, gasoline and marine fuel, the International Energy Agency said on Friday.

Global Industry: Upstream Players Must Boost Spending

Posted on October 26, 2018 by Mozambique Resources Post

Global oil and gas development spend needs to increase by around 20 percent, to about $600 billion, to meet future demand growth and ensure companies sustain production next decade.

Global Oil & Gas: $11 Trillion Needed in Oil Sector to 2040

Posted on October 3, 2018 by Mozambique Resources Post

In the period to 2040, the required global oil sector investment is estimated at $11 trillion.

Global Markets: OPEC Sees Slower 2019 Oil Demand Growth

Posted on September 12, 2018 by Mozambique Resources Post

(Reuters) – OPEC on Wednesday further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was skewed to the downside, adding a new challenge to the group’s efforts to support the market next year.

Global Energy: New Report Predicts When Gas Will Become Dominant Energy Source

Posted on September 10, 2018 by Mozambique Resources Post

Gas will overtake oil demand in 2026 to become the dominant energy source, according to a new report from global quality assurance and risk management company, DNV GL.

Global Industry: Oilfield Service Sector to Hit Pre-Downturn Market Levels by 2024

Posted on August 17, 2018 by Mozambique Resources Post

Rystad Energy announced Friday that it expects the global oilfield service sector to be back at pre-downturn market levels by 2024.

Global Industry: “Upstream Project Delivery ‘Finally Hitting the Mark'” – WoodMac

Posted on August 15, 2018 by Mozambique Resources Post

Global upstream project delivery is “finally hitting the mark,” with a growing list of recent projects delivered on target, according to Wood Mackenzie (WoodMac).

Global Markets: China’s H1 graphite exports up 9% on previous year

Posted on August 9, 2018August 9, 2018 by Mozambique Resources Post

Chinese exports of natural graphite have continued to rise, reaching an estimated 180kt in the first six months of 2018, a 9% increase on the same period the previous year.

Global Industry: “Global oil demand grows 1.7% in 2017” – Eni report

Posted on August 2, 2018August 2, 2018 by Mozambique Resources Post

Global oil demand grew by 1.7 percent in 2017, according to a new report released by Eni.

Global Renewables: Renewable energy jobs reached 10.3m globally in 2017

Posted on May 14, 2018 by Mozambique Resources Post

The renewable energy industry created more than 500 000 jobs globally last year – a 5.3% year-on-year increase, says the International Renewable Energy Agency (Irena).

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