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OPEC launches 2020 edition of the World Oil Outlook

The 2020 OPEC World Oil Outlook (WOO) was launched today in Vienna, Austria, providing the OPEC Secretariat’s in-depth look at the unprecedented scale and impact of the COVID-19 pandemic on the global energy and oil markets, an assessment of the medium- and long-term prospects, as well as analysis of various alternative scenarios and sensitivities that have the potential to imp

The energy outlook explores the forces shaping the global transition out to 2050 and the key uncertainties surrounding this transition. The Energy Outlook considers a number of different scenarios These scenarios is not prediction of what is likely to happen or what BP would like to happens. Click on following link to download the full report bp-energy-outlook-2020

Acknowledgement This study was prepared by a multidisciplinary team led by Wael Mansour (Senior Economist) and Bledi Celiku (Senior Economist) under the guidance of Eric Le Borgne (Practice Manager). Contributing authors are as follows: Fragility and Diversified Growth: Stephan Massing (Senior Strategy and Operations Officer), Roland Lomme (Senior Governance Specialist

Speakers: Dr Barik Schuber: IEN Coordinator and Senior International Economic Advisor. Ali Alsafar: IEA MENA Program manager. Guest speaker: Mr. Ali Shamara: Private Investor and independent power producer. Introduction: The Iraqi Economists Network recognizes the repercussion of the failure of all the plans, the allocation resources, and the implemented proje

The British oil major’s recent report has said that the demand for oil will not go back to the pre-Covid levels BP Plc said the relentless growth of oil demand is over, becoming the first super major to call the end of an era many thought would last another decade or more. Oil consumption may never return to levels seen before the coronavirus crisis took hold, BP said in