Tag: global energy
-
Oil in Venezuela: Five Key Facts You Need to Know
Introduction: the oil backbone of Venezuela Oil has long been synonymous with Venezuela’s economy and politics. With one of the world’s largest proven oil reserves, the country’s energy sector has shaped its relations with global markets and policymakers for decades. In contemporary discussions, understanding five core points about oil in Venezuela helps explain why the…
-
What the US Strike in Venezuela Could Mean for Gas Prices and Oil Markets
Overview: A Disruptive Event in a Major Oil Provider Any sustained disruption in Venezuela’s oil operations can ripple through global energy markets. Venezuela holds one of the world’s largest proven oil reserves, though its production has been constrained by decades of underinvestment and political turmoil. A significant U.S. strike, whether executed to target oil infrastructure,…
-
Fossil fuels regain ground: Peak demand pushed to 2030s as oil rebounds; India emerges as growth engine
Introduction: A new chapter for global oil demand For years, policymakers, investors, and energy researchers warned that global oil demand would soon peak as the world accelerated its shift to renewables. Yet the year 2025 marked a surprising pivot: fossil fuels, especially oil and gas, regained strength, and the projected peak moved further into the…
-
Global Energy Efficiency Progress Accelerates in 2025
Momentum builds as global energy efficiency progress accelerates in 2025 Global progress on energy efficiency is set to pick up pace in 2025, according to the latest annual update from the International Energy Agency (IEA). The report signals stronger momentum in improving how we use energy across sectors, underscoring energy security, economic competitiveness, and climate…
-
Energy Efficiency Gains Accelerate in 2025, IEA Finds
Global momentum grows for energy efficiency in 2025 The International Energy Agency (IEA) reports that global progress on energy efficiency is accelerating in 2025, signaling stronger momentum in a critical pillar of energy security and economic competitiveness. As governments, businesses, and households increasingly adopt efficiency measures, the world is witnessing tangible reductions in energy consumption,…
-
TotalEnergies Accused of Complicity in War Crimes Over Mozambique Gas Plant Massacre
Overview: A New Controversy Surrounding a Global Energy Giant French energy major TotalEnergies found itself at the center of a legal and diplomatic storm after a Paris prosecutor’s office formally accused the company of complicity in war crimes and torture. The charges stem from a massacre at a Mozambique gas plant, a case that first…
-
World Energy Outlook 2025: IEA’s Global Energy Projections
Overview: What the World Energy Outlook 2025 Means for Global Energy The International Energy Agency’s World Energy Outlook 2025 (WEO 2025) is the definitive benchmark for understanding how the world’s energy system is evolving. Updated annually to reflect the latest data on technology, markets, and policy developments, the WEO provides scenarios that help policymakers, investors,…