Saturday, January 11, 2025
IEA says the coronavirus crisis has set in motion the largest drop of global energy investment in history- oil and gas

IEA says the coronavirus crisis has set in motion the largest drop of global energy investment in history

CNBC The International Energy Agency believes the coronavirus pandemic has paved the way for the largest decline of global energy investment in history, with spending set to plummet in every major sector this year. In the group’s annual World Energy Investment report, published on Wednesday, the IEA said that the unparalleled decline in worldwide energy investment had been “staggering in

Coronavirus is causing the biggest fall in global energy investment in history - IEA - oilandgas360

Coronavirus is causing the biggest fall in global energy investment in history: IEA

Oil&Gas Impacts are being felt across the energy world, from fuel and power supply to efficiency, with serious implications for energy security and clean energy transitions Oil & Gas 360 Publishers Note: Carla Sertin writes an excellent summary of the world wide impact across all energy sectors. We are seeing even further disruptions and ramifications in other markets coming as