Oil exploration decreases as oil demand rises
The world’s Total Primary Energy Supply for 2014 was 13,700 Mtoe, with 14% representing renewable energy sources. Of this percentage, solid biofuels/charcoal represented 66%, making it the largest global renewable energy source. Hydro power represented 18% of renewable sources, with geothermal sources, liquid biofuels, biogases, solar, wind and tide sources accounting for the remainder. Renewable […]
In 2015, total world primary energy consumption increased 1.0%, which is below the 10-year average growth rate of 1.9%. Of this increase, emerging economies accounted for 97% of the increase. Renewable power use continued to grow steadily, representing 3% of global primary energy consumption. The annual average oil price stabilized at $52.39/barrel, a 47% decline; […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
