(Tue, 03 Dec 2024) Despite Libyaâs large oil reserves, political conflicts and militia attacks on hydrocarbon infrastructure have limited investments in the countryâs oil and natural gas sectors. These challenges have also constrained exploration and development of its reserves since 2011.
(Thu, 21 Nov 2024) <p style='color: #666;'>We updated Analyses and Quick Facts for:</p>
<ul style='color: #666;'>
<li>Alabama</li>
<li>Maine</li>
<li>Mississippi</li>
<li>New Hampshire</li>
</ul>
(Thu, 21 Nov 2024) <p style='color: #666;'>We updated Analyses and Quick Facts for:</p>
<ul style='color: #666;'>
<li>Alabama</li>
<li>Maine</li>
<li>Mississippi</li>
<li>New Hampshire</li>
</ul>
(Tue, 29 Oct 2024) South Africa was the largest economy in sub-Saharan Africa in 2023 in terms of gross domestic product (GDP), according to the latest estimates by the World Bank Group. The country has a large coal mining industry and mostly uses coal to meet its energy needs. Although South Africa has a high level of access to electricity relative to other sub-Saharan African countries, its electric power sector experiences frequent power outages because of insufficient investment in electricity infrastructure.
(Thu, 17 Oct 2024) Argentina's energy sector relies mainly on fossil fuels, especially natural gas and oil. In 2022, 47% of the country's energy production came from natural gas, and the natural gas share of primary energy consumption was 49.5%. Argentinaâs global share of natural gas consumption was 1.15%. Oil accounted for 42.8% of total energy production and 40.4% of primary energy consumption.
(Thu, 10 Oct 2024) Iran holds some of the worldâs largest oil and natural gas reserves, and crude oil and natural gas production growth remains limited because of international sanctions and underinvestment. However, Iranâs crude oil production increased after 2020 after global oil demand returned to pre-COVID-19 levels and China began to import more discounted crude oil from Iran.
(Wed, 09 Oct 2024) This report fulfils Section 4 of the Stop Harboring Iranian Petroleum Act, or the SHIP Act, which requires the Administrator of the U.S. Energy Information Administration to submit a report describing âIranâs growing exports of petroleum and petroleum productsâ to the appropriate congressional committees.
(Fri, 04 Oct 2024) Saudi Arabia is a top crude oil producer and exporter and a key member of the OPEC+ agreement. In addition, Saudi Arabia has numerous development projects to help meet domestic electricity demand that increase nonassociated natural gas production, natural gas-fired power generation, and renewable energy sources. These projects support Saudi Arabia's Vision 2030 and related initiatives to shift domestic generation capacity toward mainly natural gas and renewables.
(Mon, 30 Sep 2024) U.S. dry natural gas production increased year over year in 2023 for the third consecutive year, according to the 2023 <em>Natural Gas Annual</em>. Dry natural gas production was the highest for any year on record, dating back to 1930. Natural gas consumption also increased year over year in 2023.
(Thu, 12 Sep 2024) We recently implemented a new model for forecasting crude oil and natural gas production from the U.S. Federal Offshore Gulf of Mexico (GOM) in the <em>Short-Term Energy Outlook</em> (STEO). In our latest outlook, we forecast that GOM production will remain relatively flat with new fields offsetting the natural production declines from existing fields.
