Energy

Investments into digital technologies and industry 4.0 are transforming economies and consumer behaviour. The briefing examines how digitalisation manifests in manufacturing, mobility, education and consumer lifestyles to improve business ...

Global crude oil price drop played a key role in India’s energy industry’s turnover decline in 2020. Cooling down global economic growth and saturating fossil fuel markets had broken the crude oil price growth and global crude oil prices started ...

Brazil’s energy industry recorded a sharp decline in revenue in 2020, mostly dragged down by plummeting global crude oil prices. Initially, the price crash was caused by price wars between Saudi Arabia and Russia, after the suspension of the OPEC+ ...

Crashing global crude oil and natural gas prices were the defining aspect of the Russian energy industry’s performance in 2020. Initially, the crude oil price crash was caused by price wars between Saudi Arabia and Russia after the suspension of the ...

Crashing global crude oil prices had provided the key dragging force for the Canadian energy industry’s turnover decline in 2020. Initially, the price crash had been caused by price wars between Saudi Arabia and Russia after the suspension of the ...

In 2019, the UK’s refined petroleum producers experienced both softening price growth and contracting road fuel consumption, leading to stagnation in the industry’s revenue performance. According to national statistics, while refinery output ...

In 2019, production volumes of refined petroleum products accelerated rapidly, owing to increasing domestic production capacity. Two mega-refineries, operated by Hengli Petrochemical Co and Zhejiang Petroleum & Chemical Co, started operation during ...

In 2019, the energy industry in the US slipped into slower growth, after a double-digit rise in the previous year, owing to softening prices and a slowdown in refined petroleum consumption. According to the US’s Energy Information Administration ...

Domestic demand for refined petroleum contracted in 2019, negatively affecting the energy industry’s turnover. Softening economic growth, restrictions on polluting vehicles, declining diesel vehicle registrations and improving fuel efficiency led to ...

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In 2019, German refiners continued to record falling production volumes, influenced by weakening domestic demand. The slowdown in manufacturing and freight transport, as well as the growing presence of renewable energy in both power generation and ...