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IRVING, Texas: ExxonMobil forecasts global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion.
KUALA LUMPUR: Growing world population and economic expansion will drive energy demand by about 35% in 2030 compared with 2005, even with significant improvements in energy efficiency.
KUCHING: Sarawak Energy Bhd (SEB) may build the proposed Baleh and Baram hydroelectric dams simultaneously to meet the “exceptionally” strong demand for power from industries in Bintulu’s Samalaju Industrial Park within the Sarawak Corridor of Renewable Energy (Score).
DAEGU (South Korea): Net oil imports in the Asia-Pacific will rise to more than 25 million barrels per day in 2035, or close to the current crude output in the Middle East, as energy demand growth outpaces the rest of the world, the Asian Development Bank said on Monday.
SINGAPORE: Oil prices rose on Monday, with Brent heading toward $70 a barrel, as data showed China's economic recovery accelerated at the start of 2021, boosting the energy demand outlook at the world's largest oil importer.