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...d this year and 1.8mn b/d in 2025....
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...These have picked up markedly in recent years, from a low of about 400,000 b/d in the pandemic year of 2020 to about 1.4mn b/d recently, according to Richard Bronze at Energy Aspects....
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...Still, Zambia’s president called the lengthy process an “indictment” of the so-called common framework that G-20 countries had hoped would expedite sovereign-debt restructurings....
...d to 13mn b/d by 2027....
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...Z.d.G....
...No mention of the B-word, then....
...US production rose by roughly 1.5mn b/d to a record 13.5mn b/d in 2023 while that of Iran increased to an average of roughly 3.9mn b/d from about 3mn b/d a year earlier, said Claudio Galimberti, North America...
...The IEA predicts oil demand will grow by 1.2mn b/d, about half the pace of 2023, while Opec believes demand growth will be higher at 2.2mn b/d....
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...“They have 3mn b/d of spare capacity now so what is the rush of increasing production capacity to 13mn b/d.”...
...The IEA added that record output from the US, Brazil, Guyana and Canada would help boost global supply this year by 1.5mn b/d to a record 103.5mn b/d....
...Helped by October’s temporary lifting of sanctions and increases in Chevron’s oil joint venture, Venezuela has boosted crude production to an average of just over 800,000 b/d in the first quarter of this...
...But I’ve long thought it would be helpful to have a G that was more related to the E....
...The International Energy Agency also revised its estimate for growth in global demand in 2024 slightly higher to 1.3mn barrels a day, but downgraded its forecast of growth in supply to 800,000 b/d, including...
...P&G has increased prices across all of its main divisions in the three months to the end of June....
From D&G’s branded homes in Miami to the new green scene in Rome
...Opec expects over 2mn b/d additional demand growth this year. That is nearly twice the IEA’s estimate, and makes the Saudi Aramco decision look odd....
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...arts: Let’s pause for breath and consider our shared humanity Technology: Sci-fi writer Ted Chiang: - The machines we have now are not conscious’ Natural sciences: Gillian Anderson wants us to find her G...
...The IEA now expects oil demand growth to tumble from a year-on-year rate of 2.8mn b/d in the third quarter of 2023 to 1.9mn b/d in this quarter....
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