South America
After China, who will drive the global growth in oil demand?
The global oil market is at a historic inflection point on demand and there are no straight contenders for the driving seat being vacated by China, writes Vandana Hari in her latest column for Energy Connects. The two major consumption centres of US and OECD Europe are past their historical peaks and likely to see a plateau or slip into a gradual decline. Overall global oil consumption is likely to continue growing into next decade, but the momentum will be scattered across mid-sized and small..
Colombia’s Bold Push to Go Green Has an Unintended Trade Off: Gas Imports
The Andean nation must bring in cargoes with a bigger carbon footprint as its own reserves dwindle and its president refuses to allow new drilling contracts.
