Top 7 Energy Trends in 2021
Forecasting energy trends is never easy. Now, after a rather challenging year, there are even more factors to count in. For instance:Â Pandemic restriction measures: lockdowns, remote working, curfews Employment rates and disposable income rates which will directly affect economic recovery Shifts in travel and trade Changes in demand for oil and natural gas, and […]
2020’s Oil Industry: A Brief Recap
A couple months into 2020, planes stopped flying, roads cleared out and Zoom took over the world, what did this mean for the oil industry? The global demand for oil barrels -which had amounted to 100 million per day the year before-, dropped to 29 million a day in 2020. A lot of major industry […]
Covid Energy Stimulus Packages: 3 Things To Look Out For
Already, the impacts in the energy industry call for monetary relief, and governments are responding. The International Energy Agency (IEA) has analyzed the upcoming energy-related stimulus packages. According to their report, we can expect the following 3 key points: – Relief measures prioritized over stimulus packages: As of October 2020, governments across several countries announced […]
