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 - Emirates Voice
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 09:46 2017 Tuesday ,22 August
UAE will launch its nuclear energy plant in 2018
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:47 2017 Wednesday ,27 December
U.S contacts with Palestinian leadership to resume efforts
GMT 12:18 2017 Thursday ,26 October
Rapinoe slams 'unknown' Castellanos's inclusion
GMT 21:00 2017 Tuesday ,28 February
FM meets new US national security advisor in Washington
GMT 23:35 2017 Sunday ,16 July
Bahrain-US business ties praised in the business and economic
GMT 15:03 2017 Wednesday ,13 September
UN Secretary-General condemns terrorist attack in northern Sinai
GMT 11:54 2017 Tuesday ,29 August
Syrian regime forces control Dahek Mountains
GMT 23:36 2017 Thursday ,28 September
Kuwait's nominee elected ALECSO's Director-General
GMT 20:10 2017 Thursday ,08 June
Qatar, Iran meddling in Bahrain
GMT 23:50 2016 Monday ,05 September
China vows to beat Iran at home in World Cup qualifierGMT 15:08 2011 Friday ,25 November
General Picton portrait to be removed
GMT 11:15 2016 Saturday ,06 August
US stocks end at records after strong jobs report
GMT 08:18 2016 Wednesday ,28 December
'Civil march for Aleppo' leaves Berlin
GMT 19:45 2017 Saturday ,20 May
Ras Al Khaimah to build massive Dh700m power station
GMT 21:34 2017 Tuesday ,14 March
Lavrov denies deployment of Russian experts to Egypt, Libya
GMT 21:41 2017 Thursday ,21 September
Mohamed bin Zayed opens Rabdan Academy
GMT 09:05 2017 Thursday ,17 August
Saudi Arabia summons Twitter users
GMT 09:23 2017 Monday ,30 January
Russia to check space flight engines
GMT 20:01 2017 Thursday ,23 November
Students making 'visible' changes after fitness challenge
GMT 12:14 2016 Saturday ,20 August
Cisse sinks Muhammed for Ivory Coast's first ever Olympic gold
GMT 12:25 2017 Friday ,22 December
Discovery of neutron star collision is 'breakthrough' of 2017
GMT 07:30 2017 Thursday ,16 November
Why electric vehicles are here to stay
GMT 15:09 2014 Wednesday ,19 November
Foo Fighters plan US baseball stadium tour
GMT 11:25 2016 Thursday ,05 May
Ghanaian president inaugurates China-aided sports complexGMT 08:29 2012 Monday ,28 May
Iraq\'s Christian heritage sites lie neglected
GMT 01:37 2015 Thursday ,12 February
Bahrain king meets UK naval chief of staff
GMT 09:25 2017 Wednesday ,18 October
Israel advances plans for 1,292 West Bank settler homes
GMT 18:25 2016 Tuesday ,04 October
Chinese real estate company to build city at new administrative capital
GMT 12:29 2017 Sunday ,21 May
Independence Day Holiday announced next Thursday
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor