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Horizon Energy Digest
Your go-to source for the latest updates and insights in the energy sector.
EIA Raises USA Crude Oil Production Forecasts
The U.S. Energy Information Administration (EIA) raised its U.S. crude oil production forecast for 2025 and 2026 in its latest short term energy outlook (STEO), which was released on February 11.
Shell Sees 60% Jump in Global LNG Demand by 2040
Global LNG demand is set to surge by 60% through 2040, pushed up by Asia’s economic growth, the world’s biggest LNG trader, Shell, said in its annual LNG report on Tuesday.
Curious Minds Corner
What is the name of the process used to convert crude oil into useful products like gasoline and diesel?
The process is called refining.