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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
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
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Jet fuel will play crucial role in oil consumption growth even with efficiency gains and environmental curbs, with geopolitical risks highlighting importance of plentiful stocks
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
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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
China’s pragmatic coal-to-gas strategy
A cautious approach to coal-to-gas switching offers lessons to others who are looking to balance cost with cleaner energy
EVs China Battery technology Transport fuel Shell
Cüneyt Kazokoglu
2 February 2018
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The sluggish EV revolution

The switch to EVs will be slower than widely predicted—unless China takes the plunge

Electric vehicles (EV) are surging" is a headline we've often read over the past year. It seems inevitable: the electric-car revolution is around the corner and the end of growing oil demand is nigh. Yet global oil consumption continues to rise, predominantly driven by low oil prices and strong demand from the transportation sector. None of the fundamental shortcomings of electric cars has been eliminated over the past year: there hasn't been a breakthrough in battery technology and it's unlikely we'll see one in 2018. EVs are still heavily reliant on government subsidies and will remain so. Even with today's low number of electric cars, the inadequacy of charging infrastructure is already a

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