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Wood Mackenzie’s services include data, analytics, insight, events and consultancy across the renewables, energy and natural resources sectors. In 2015, the company was acquired by Verisk Analytics , an American data analytics and risk assessment firm, in a deal valued at $ 2.8 billion. [5]
Peak oil relates closely to oil depletion; while petroleum reserves are finite, the key issue is the economic viability of extraction at current prices. [ 6 ] [ 7 ] Initially, it was believed that oil production would decline due to reserve depletion, but a new theory suggests that reduced oil demand could lower prices, impacting extraction costs.
By the summer of 2016, Eagle Ford spending had dropped by two-thirds from $30 billion in 2014 to $10 billion, according to an analysis from the research firm Wood Mackenzie. This strike has been the hardest hit of any oil fields in the world. As of 2016, the spending was, however, expected to increase to $11.6 billion in 2017.
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Donald Trump is set to overturn a ban on some US exports of liquefied natural gas in a move that may worsen the climate crisis. As for the biggest buyer of American LNG, Europe, it will have to ...
Electricity price forecasting (EPF) is a branch of energy forecasting which focuses on using mathematical, statistical and machine learning models to predict electricity prices in the future. Over the last 30 years electricity price forecasts have become a fundamental input to energy companies’ decision-making mechanisms at the corporate ...
Realtors group forecasts US 30-year fixed-rate mortgage averaging 6% in 2025. ... U.S. housing affordability to worsen even as price rises slow: Reuters poll.
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