Most Important Energy Source to 2040
OPEC Predicts Oil and Gas to Remain World’s
The latest edition of the OPEC World Oil Outlook
Abu Dhabi - Egypt Today
The latest edition of the OPEC World Oil Outlook predicts oil will remain the world’s largest source of energy over the next two decades, despite the increasing importance of renewables.
Released in an exclusive briefing to senior industry executives at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), the latest edition of the World Oil Outlook forecasts that oil will supply just over 27 percent of worldwide energy needs in 2040, while natural gas will see its share at slightly more than 25 percent.
The scenario would see demand grow from 95.4 million barrels per day, in 2016, to reach 111.1 million barrels per day by 2040, with the global economy growing by an average of 3.5 percent per year during that time. Meeting this demand would require an overall investment of around US $10.5 trillion across upstream, midstream and downstream operations.
Please find attached press release for review and consideration for publication inclusion.
GMT 12:24 2017 Tuesday ,03 October
Oil and Gas Industry is a Prime Target for Cyber CriminalsGMT 12:19 2017 Thursday ,28 September
UAE to open its first nuclear reactor in 2018GMT 11:35 2017 Thursday ,28 September
Young Emiratis Credit Young ADIPEC with Helping ThemGMT 11:22 2017 Wednesday ,20 September
Etihad Airways Becomes First Airline In RegionGMT 13:55 2017 Thursday ,10 August
Seatrade exhibition tackles maritime skills crisis in UAERussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 02:03 2015 Monday ,02 March
US dollar exchange rate unchanged today against EGP
GMT 09:07 2024 Thursday ,08 February
UTair flight makes emergency landing in Russia’s Yekaterinburg
GMT 22:42 2018 Thursday ,13 December
'World of Food Abu Dhabi' kicks off at Umm Al Emarat Park
GMT 17:33 2018 Friday ,30 November
US-led coalition airstrike on Syria’s Deir ez-Zor kills over 30 civilians
GMT 18:45 2018 Monday ,05 November
Spice Girls reunite for British tour, minus Victoria Beckham
GMT 18:15 2018 Wednesday ,17 October
Malki welcomes UN vote giving State of Palestine more powers
GMT 11:22 2018 Wednesday ,10 October
Saudi student found dead inside US apartment
GMT 11:42 2018 Wednesday ,10 October
Four dead in Manama gas cylinder blast
GMT 11:44 2018 Monday ,08 October
President underlines need for policy action strategies
GMT 08:32 2017 Thursday ,02 March
Sudan’s Bashir names ally prime minister
GMT 14:32 2018 Sunday ,30 September
President al-Assad decrees the establishment of Children’s Hospital in TartousGMT 17:55 2011 Wednesday ,16 November
S. Africa seeks DNA of rhino horns seized in Hong Kong
GMT 13:57 2016 Wednesday ,24 February
Fans of Indian politician get tattoos for her birthday
GMT 11:01 2018 Friday ,07 September
Trump calls on times to reveal 'coward' behind critical oped
GMT 23:55 2017 Wednesday ,22 February
Malaysian PM: N.Korean envoy was “diplomatically rude”
GMT 07:18 2017 Monday ,10 April
President of the European Council Receives Credentials of Qatari AmbassadorGMT 00:01 2012 Tuesday ,08 May
Beren Saat, dream woman for Arab men
GMT 19:11 2017 Sunday ,19 February
US defence secretary, Abu Dhabi CP discuss military cooperation
GMT 15:24 2017 Thursday ,17 August
12 Daesh elements killed in tunnel collapseGMT 17:05 2012 Saturday ,10 March
Literary giants come face to face with readers
GMT 08:53 2017 Monday ,20 March
Philippines' Duterte calls European critics 'crazies'
GMT 04:50 2016 Monday ,12 December
Al Azhar Imam heads for Abu Dhabi
GMT 19:49 2016 Tuesday ,14 June
Trudeau : Canadian hostage likely killed
GMT 07:29 2017 Monday ,24 April
European stocks surge at open on French vote resultGMT 08:24 2013 Thursday ,31 January
Cinderella
GMT 12:30 2014 Thursday ,03 April
Game developers to go global with Google play
GMT 03:46 2015 Wednesday ,09 September
Microsoft buys cloud computing security startup
GMT 15:42 2016 Sunday ,21 August
Facebook woos video-loving teenagers with new app
GMT 14:00 2016 Saturday ,05 March
SpaceX satellite launch succeeds, but rocket crash lands
GMT 14:39 2016 Monday ,14 March
US shale producers pushing technology to new extremesGMT 14:47 2012 Wednesday ,20 June
How to get rid of pimple marks
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor