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Nigeria Energy Outlook
…Africa Energy Outlook 2019 is the IEA’s most comprehensive and detailed work to date on energy across the African continent, with a particular emphasis on sub-Saharan Africa. It includes detailed energy profiles of 11 countries that represent three-quarters of the region’s gross domestic product and energy demand. Key indicators and policy initiatives Key energy indicators Nigeria remains Africa’s largest economy: in the AC, supplying an economy three-times larger than today would require less energy demand if the energy mix were to be diversified.In the AC, gas meets a growing share of energy demand…
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Canada Oil Security Policy
…crude oil production has grown faster than pipeline capacity. Between 2013 and 2016, about 1 mb/d of nameplate pipeline capacity was added in Canada. No incremental nameplate capacity has since been added while several expansion projects were terminated. In addition to the termination of the Keystone XL project in 2021, the Energy East project was cancelled by the proponent in 2017 and the Northern Gateway project was dismissed by the government in 2016. However, in 2019, the federal government approved the Trans Mountain Expansion project, a twinning of the existing 1150 km Trans Mountain Pipeline between Edmonton, AB and Burnaby…
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Clean Energy Transitions Programme 2021
…Latin America, the People’s Republic of China, India, Indonesia, Southeast Asia and Africa). It then discusses cross-cutting activities, implemented globally.Recognising the excellent results achieved under the CETP, which are presented in the Annual Report 2021 and previous editions, at the IEA Ministerial Meeting in March 2022 representatives from 15 IEA member countries and the European Commission, on behalf of the European Union, reaffirmed their commitment through the CETP to further strengthen IEA capabilities to accelerate the transformation towards a global net zero energy system, in line with the IEA’s strengthened clean energy mandates and Programme of Work.
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Oil Market Report - December 2017
…demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Our forecast for global demand growth remains unchanged at 1.5 mb/d in 2017 (or 1.6%) and 1.3 mb/d in 2018 (or 1.3%). Revisions have been made to data for Nigeria, Germany and Iraq. The baseline for oil demand has been raised by roughly 0.2 mb/d.Global oil supply rose 0.2 mb/d in November to 97.8 mb/d, the highest in a year, on the back of rising US production. Output was nonetheless down 1.1 mb…
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Oil Market Report - February 2018
…inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Global oil supply in January edged lower to 97.7 mb/d but was 1.5 mb/d above last year as rebounding US production underpinned non-OPEC output growth.OPEC crude oil production in January was steady month-on-month (m-o-m) at 32.16 mb/d. Higher Nigerian output offset losses elsewhere. Compliance with supply cuts reached a new high of 137%.Non-OPEC output dropped by 175 kb/d in January, to 58.6 mb/d, but was 1…
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Energy Policies of IEA Countries: Canada 2015 Review
…and investment in the energy sector over the past five years. The medium-term outlook for gas/oil production and exports, however, is challenging amid uncertainties around pipeline developments and an era of low prices, abundant global supplies and surging production in the United States, Canada’s main export market. Canada maintains the highest energy supply per capita among IEA member countries. Emissions from the oil and gas sectors increased by 14% in 2005-13, despite Canada’s low-carbon electricity mix (largely hydro and nuclear). The federal government, with the provinces, has put forward stringent energy efficiency and emission…
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Energy Efficiency Potential in Canada
…long-term estimates of Canada’s maximum energy efficiency potential by end-use sector based in the modelling approach used in the IEA World Energy Outlook 2017. Canada is one of the world’s most energy-intensive economies owing to its large size, cold climate, high standard of living and expanding energy industry. Energy demand has grown at 0.8% per year on average for the past 15 years, and this rate of growth is projected to continue under the IEA Current Policies Scenario, which assumes no new policies or changes to policies already enacted. An alternative scenario, the Energy Efficiency Case…
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Oil Market Report - June 2017
…a whole our outlook remains unchanged at 1.3 mb/d. In 2018, growth increases modestly to 1.4 mb/d as demand reaches a record 99.3 mb/d.Global oil supply rose by 585 kb/d in May to 96.69 mb/d as both OPEC and non-OPEC countries produced more. Output stood 1.25 mb/d above a year ago, the highest annual increase since February 2016. Gains were dominated by non-OPEC, particularly the US.OPEC crude output rose by 290 kb/d in May to 32.08 mb/d, the highest level so far this year, after comebacks in Libya and Nigeria…
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Oil Market Report - June 2018
…Non-OPEC supply will grow by 2.0 mb/d in 2018, easing slightly to 1.7 mb/d.OPEC crude supply edged up 50 kb/d in May to 31.69 mb/d. Higher flows from Saudi Arabia, Iraq and Algeria offset a fall in Nigeria and further declines in Venezuela. While the call on OPEC is set to ease in 2019, potential losses from Venezuela and Iran could require others to produce more.OECD commercial stocks declined 3.1 mb in April to a new three-year low of 2 809 mb. Middle distillate holdings fell 7.4 mb in April and were significantly below the…
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Oil Market Report - February 2021
…fall by 1 mb/d in 1Q21 from already low 4Q20 levels, a more favourable economic outlook underpins stronger demand in the second half of the year. The incorporation of new data lowered the 2019 baseline by 330 kb/d.Global oil supply rose 590 kb/d in January, to 93.6 mb/d, as OPEC+ cuts eased and non-OPEC+ pumped more. In February, global output is set to fall as Saudi Arabia implements a sizeable voluntary cut. The outlook is improving for countries outside the OPEC+ alliance, with an 830 kb/d gain expected in 2021 versus a…
