Market Update: Oil & Gas | KPMG | GLOBAL
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Market Update: Oil & Gas

Market Update: Oil & Gas

Monthly report focusing on the trends and price volatility facing the O&G sector and how the global market reacts.

Monthly report focusing on the trends and price volatility facing the O&G sector.

Oil & gas markets: monthly roundup – January 2019

A closer look at the effects of renewables on the oil and gas industry.

“In its recent World Energy Outlook, the International Energy Agency (IEA) anticipates a thirty percent increase in the global energy demand by 2040. Renewable energy sources are growing quickly: in 2016, they accounted for two-thirds of the new power added to the worldwide energy grid.As demand for power grows in developing economies, and especially in Asia, the focus on renewable energy sources will increase considerably.”

Mike Hayes, Global Leader of Renewables, KPMG in Ireland

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>  To read previous Market Updates, please click here.

 

Footnote:

Time to shine: Solar power is fastest-growing source of new energy

"Faced by the recent rise in oil prices and softening of demand for its goods, the balance of China’s economy is being further pushed by the changing political landscape..."  –  Oliver Hsieh, Director, Commodity & Energy Risk Management, KPMG in Singapore

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