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China creates two-tier oil dynamic
There is a bifurcation in the global oil market as China’s stockpiling contrasts with reduced inventories elsewhere
India ready for turbulent times
The country’s energy minister explains in an exclusive interview how the country is taking a pragmatic and far-sighted approach to energy security and why he has great confidence in its oil sector
China’s oil output to scale new heights
New discoveries and stabilisation of legacy fields’ output have helped China reverse the decline and be a top-five producer in recent years
India to help Asia spearhead global refining
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat
US, Russia and China circle the Arctic
The strategic importance of vast untapped oil and gas reserves and key shipping routes has come in from the cold
Cheap gas key to unlocking new markets
Weaning poorer regions off coal means gas needs to be abundant and competitive longer term
Do not underplay China’s long-term gas growth narrative
A subdued market amid global trade tensions is just an aberration in gas’ upward trajectory
India’s oil demand looks to EV threat
Two wheels rather than four appear to be the biggest game-changer for India’s road oil use
China’s critical gas position
China will play a huge role in driving gas demand, with its Qatar partnership crucial to this growth amid global structural challenges
Gas may be bridge fuel for centuries
Energy majors argue transition debate has started to factor in the complexities of demand shifts and the wider role for gas
Coal China India
Gregor Macdonald
15 July 2019
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Coal clinging on in South and East Asia

Global demand for coal to power continues to be king, but the upside may be limited

Global coal consumption may have peaked in 2013 at a shade under 3.9bn t oe but its legacy infrastructure may give it an in-built resilience to ensure that any decline is both shallow and long. For all the fanfare about coal's demise, figures from the recently released BP Statistical Review show that 2018 demand sat merely 2.4pc below peak, and coal last year was a competitive grower in both global power generation and on the broader measure of global energy. Details were revealing. World demand for electricity soared by 3.65pc in 2018, to an all-time record high of 938.2TWh. Despite combined wind and solar providing 273TWh of that growth, 'king coal' was still the winner, providing 294TWh.

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