OPEC Monthly Oil Market Report

The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil 

Global Energy Transformation: A Roadmap to 2050

OPEC Monthly Oil Market Report

The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil 

OPEC Bulletin

OPEC Bulletin is the Organization's monthly flagship magazine, featuring news from Member Countries, incisive forum articles, a review of the oil market, topical issues and much more..

OPEC Monthly Oil Market Report

The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil 

Circular Economy in Cities: Evolving the model for a sustainable urban future

The World Economic Forum’s Future of Urban Development and Services Initiative has released its new whitepaper on the Circular Economy in Cities: evolving the model for a sustainable urban future.

This whitepaper traces the conceptual underpinnings of the circular economy, and explains why cities are key to accelerating the transition away from the traditional ‘take-make-dispose’ model. It draws on examples from cities around the world in areas including channelling used building materials to new building sites, water harvesting and reuse, reducing energy use, electronic waste, healthcare and procurement. It explains the opportunities in the circular economy for all stakeholders and the ways in which they can collaborate at city level

Digitalization & Energy

Over the coming decades, digital technologies are set to make energy systems around the world more connected, intelligent, efficient, reliable and sustainable. Stunning advances in data, analytics and connectivity are enabling a range of new digital applications such as smart appliances, shared mobility, and 3D printing. Digitalized energy systems in the future may be able to identify who needs energy and deliver it at the right time, in the right place and at the lowest cost. But getting everything right will not be easy. Digitalization is already improving the safety, productivity, accessibility and sustainability of energy systems. But digitalization is also raising new security and privacy risks. It is also changing markets, businesses and employment. New business models are emerging, while some century-old models may be on their way out.

OPEC Monthly Oil Market Report

  • February-12-2018

Review of recent global oil demand trends

The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil

Retooling for the New Normal Oil & Gas Industry Environment

The "new normal" future oil industry environment will be characterized by lower prices, higher volatility and shorter cycles. E&P operators are pursuing strategies to improve resource productivity, lower total operating costs, and reduce risk exposure. Oilfield suppliers, in turn, need to adapt to these changing operator needs. We see four themes around which suppliers can rethink their strategies, operating models, and organizations.

OPEC Monthly Oil Market Report

Monetary policies and their impact on the oil market

The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance.

LNG Outlook 2018

Growth and Resilience

For many LNG suppliers, liquefaction capacity holders and LNG traders, 2017 is ending on a high: the winter market of 2017/18 looks unexpectedly tight, with Asian LNG prices close to USD 10/MMBtu and oil prices on the rise. The global LNG market readily absorbed around 30 mt of additional supply in 2017, leading some in the industry to question the notion of oversupply that lasts into the early 2020s. Will the current confident market sentiment be sustainable as we move through 2018? A few planned liquefaction projects have concluded long-term LNG supply/capacity agreements recently, demonstrating that deals can still be done, even in the current market environment, and some LNG project FIDs may not be far away. However, the rate of LNG supply growth will increase further in 2018, with nearly 40 mt of additional LNG supply entering the market. Will China, with its mind set on cleaning up its skies by switching from coal to gas, come once again to the market’s rescue, or will 2018 be the year when the long-anticipated LNG glut finally hits?

Top Geopolitical Risks 2018

Eurasia Group’s Annual Report

The scale of the world’s political challenges is daunting. Liberal democracies have less legitimacy than at any time since World War II, and most of their structural problems don’t appear fixable. Today’s strongest leaders show little interest in civil society or common values. In the 20 years since we started Eurasia Group, the global environment has had its ups and downs. But if we had to pick one year for a big unexpected crisis—the geopolitical equivalent of the 2008 financial meltdown—it feels like 2018. Sorry.

Value Added Tax in the GCC

Extracting VAT from the oil and gas supply chain – who will bear the burden?

Many in the sector anticipate that there may be a VAT relief applying to the oil and gas sector in some form – but even if this is the case, VAT is still anticipated to have an impact on all businesses

New Energy Outlook 2017

Long-term Economic Forecast of the World’s Power sector.

Focused on the electricity system, NEO combines the expertise of over 80 market and technology specialists in 12 countries to provide a unique view of how the market will evolve.   What sets NEO apart is that our assessment is focused on the parts of the system that are driving rapid change in markets, grid systems and business models. This includes the cost of wind and solar technology, battery storage, electricity demand and the uptake of EVs among others.

 “Renewable energy sources are set to represent almost three quarters of the $10.2 trillion the world will invest in new power generating technology until 2040, thanks to rapidly falling costs for solar and wind power, and a growing role for batteries, including electric vehicle batteries, in balancing supply and demand.”

S&P Global Platts Global Polyethylene Outlook

Short-term plastic surpluses, but long-term need for more capacity

Key Agenda Items and Takeaways

  1. Global PE expansions: Capacity additions to continue, led by the US, Asia and the Middle East
  2. Per capita demand patterns: India and China to lead the way: China to try to stimulate growth through the One Belt, One Road initiative (OBOR)
  3. Global demand: HDPE and LLDPE to be the fastest growing and take up the largest share of PE consumption
  4. Global/regional balances: North America to grow export surplus, Middle East to maintain lead in export position, Asia, Western Europe and Africa to grow in deficit. Speculative capacity needed post 2024 for market to find balance, with US, Iran and Asia possible locations
  5. When will the next trough be?: Operating rates will have to fall back to 82/83% globally for market to find balance between 2017-2020 as global surpluses ensue, if rationalisation does not occur.
  6. PE Price and margin outlook: Reflecting the fundamentals, global prices and margins to go through a bearish period from 2018 through to 2020. Post 2021 prices and margins to show recovery as demand catches up with suppy.

Solar Energy in the UAE: Impressive Progress

APICORP Energy Research, Volume 3

The development of the renewable-energy sector in the UAE has been moving ahead rapidly. Enjoying strong government support, solar energy has made particularly impressive progress. The UAE has again received some of the lowest renewable-energy prices awarded globally for both photovoltaic (PV) and concentrated solar power (CSP), highlighting the great resources available in the country and GCC. Many factors are contributing to this early success, with financing playing a critical role in achieving low costs.