Eni presents the 19th edition of the World Oil, Gas and Renewables Review

  • Date: 03-Dec-2020
  • Source: Arabian Industry
  • Sector:Oil & Gas
  • Country:Gulf
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Eni presents the 19th edition of the World Oil, Gas and Renewables Review

Eni has released the 19th edition of the World Oil, Gas and Renewables Review, the annual statistics report on oil, natural gas and renewable sources.The World Oil, Gas and Renewables Review aims to be a useful tool for a deeper understanding of the fundamentals of the energy sector. It observes the emerging decarbonisation trends with the goal of helping to identify the necessary actions to tackle the climate challenge.In 2019, global oil demand recorded a lower growth rate compared to the last 10 years (+ 0.8% vs + 1.4%), global gas demand expanded driven by Asia-Pacific (+ 4.3%) and North America (+ 2.7%) and, in the renewables sector, solar continued to hold the lead in the growth of installed capacity, with an annual increase of 20%.The Review is split in two volumes:• the World Oil Review, devoted to oil reserves, supply, demand, trade and prices with a special focus dedicated to crude oil quality and to the refining industry;• the World Gas and Renewables Review, focused on natural gas and renewables sources (solar, wind and biofuels).Key points of the World Oil ReviewGlobal oil demand continued to grow in 2019 but at lower