WEO 2016: Lower upstream investment may start new boom-bust cycle

Renewables and natural gas will be the big winners in the race to meet energy demand growth until 2040, according to the 2016 edition of the World Energy Outlook, the International Energy Agency’s flagship publication. However, traditional concerns related to oil and gas supply remain—and are reinforced by record falls in investment levels, IEA noted in its most recent WEO.


Source: News