Singapore Stock Market News

Asian Insights SparX: Regional Oil & Gas - Market rebalancing underway, despite shale

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Publish date: Thu, 05 Jul 2018, 03:19 PM
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Fossil fuels need not fret
We expect global energy demand to increase by 1.5% CAGR through to 2030 - a slowdown compared to the last two decades owing to energy efficiency gains

We forecast a clear shift towards renewables in the global energy mix, from 15% in 2016 to 22% in 2030, as government policies are geared towards cleaner energy
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