Features
![Oil Barrels (1)](/media/rz5hr5fm/oil-barrels.jpg?anchor=center&mode=crop&width=510&height=286&rnd=132943181373030000)
Rystad Energy: global oil reserves remain stable at 1.536 billion barrels but are insufficient to meet future demand
Rystad Energy’s latest research shows global recoverable oil reserves held largely steady at around 1,500 billion barrels, down some 52 billion barrels from its 2023 analysis. Of this year-over-year decrease, 30 billion barrels are due to one year of production, and 22 billion barrels are mostly due to downward adjustments of contingent resources in discoveries.
![Coal (2)](/media/w42pmbqx/coal.jpg?anchor=center&mode=crop&width=510&height=286&rnd=132878488548230000)
IEA report: global coal demand is set to remain broadly flat through 2025
Global coal demand is set to remain broadly unchanged in both 2024 and 2025 as surging electricity demand in some major economies offsets the impacts of a gradual recovery in hydropower and the rapid expansion of solar and wind, according to the IEA’s latest update on coal market trends worldwide.
Most Read
Azerbaijan’s COP29 Presidency: leading the way towards a new climate finance deal
Thought Leadership![Azerbijan](/media/iakhrtpg/azerbijan.png?anchor=center&mode=crop&width=145&height=145&rnd=133642924687830000&format=webp)