- When Will USA Crude Oil Production Peak?
October 03, 2024
James Davis, the Director of Short-Term Global Oil Service & Head of Upstream Oil at FGE, revealed to Rigzone that FGE expects U.S. crude oil production to peak at “around 14 to 14.2 million barrels per day”.
“We believe crude o...
- ARA gasoline exports to West Africa hit multi-year lows in September
October 03, 2024
Financial constraints also hindered any last-minute rush of higher-sulphur grade purchases from Belgium before the legislation was implemented, Ronan Hodgson of energy consultancy FGE said.
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- Oil steadies, but heads for weekly drop on firmer supply outlook
September 27, 2024
"All in all, it is evident that oil markets remain very cautious about global oil balances in 2025 and what OPEC+ "should do", with the recent bearish mood being underscored by the record low net length across ICE Brent contracts for m...
- Egypt to increase gas imports from Israel
September 24, 2024
The field once accounted for 40 percent of the country’s total gas production, but it currently produces less than 20 billion cubic metres of gas, according to Facts Global Energy.
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- FGE see Europe, US net-short SAF by 2035 amid net-zero failure
September 18, 2024
FGE said that global sustainable aviation fuel use would hit 8% of the total jet pool in 2035 and 19% by 2050, also implying that the aviation industry's 2050 net zero target is effectively out of reach.
SAF consumption would reach o...