article thumbnail

IEA sees 2025 energy investment hitting $3.3 trillion

Oil & Gas 360º

Amid the geopolitical and economic uncertainties that are clouding the outlook for the energy world, we see energy security coming through as a key driver of the growth in global investment this year to a record $3.3 Demand for oil this year, according to the IEA, is set to decline for the first time since the pandemic lockdowns of 2020.

Energy 130
article thumbnail

Oil Review Middle East - Untitled Article

Oil Review Middle East

Amid the geopolitical and economic uncertainties that are clouding the outlook for the energy world, we see energy security coming through as a key driver of the growth in global investment this year to a record US$3.3

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

2 Total 2020 emissions are based on the EU Emissions Trading System (ETS) 2020, considering only industry emissions. Since 2020, EU ETS allowance prices have increased from €25/ton CO 2 to approximately €60 to €80/ton today. billion between 2020 and 2030 for decarbonization projects, with €3.1 McKinsey analysis.

article thumbnail

Industry Bodies Look at Texas Upstream Employment in May

Rigzone

In the statement, TXOGA noted that, “since the Covid-low point of September of 2020”, the sector has added 51,200 Texas upstream jobs, which TXOGA pointed out is a 33.7 percent increase and an average growth of 875 jobs per month.

article thumbnail

CME Group’s Sammann optimistic amid market volatility

SmartBrief

Second of all, it’s, it’s, there’s definitely a sense of optimism like we I’ve been here in 2020 I was here in 2009 after some of the big, dislocating market events in in previous years. Those are all things that we’ve seen to be significant drivers of end user, self directed traders in the gold market.

article thumbnail

Specialty risk: The next frontier of value-based care

McKinsey

7 pages) Specialty care has emerged as a major driver of increasing US healthcare spending. from 2020 to 2023 whereas spending in all other areas grew by just 6.8% from 2020 to 2023 whereas spending in all other areas grew by just 6.8% Some encouraging models are emerging. (7 in that time—a difference of 35%.

article thumbnail

The state of AI in 2020

McKinsey

Our 2020 AI survey shows artificial intelligence has become more of a revenue driver. Companies earning the most from AI plan to invest in it more in response to COVID-19.

Drivers 112