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Demand, tariffs and production economics will drive reshoring revival

Enverus

The report also explores regional load growth variations influenced by infrastructure and adoption trends, the impact of recent legislation and tax credits on manufacturing and the comparative economics of imports versus domestic production. Using domestic products in renewable projects adds investment tax credit benefits.

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BP’s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same

Rextag

BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. To optimize profits, the company will focus on significant oil and gas projects, production expansion, and strategic asset divestments. million barrels per day by 2030.

Oil 40
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The Great Energy Debate: Why the IEA's Peak Oil Forecast Might Be Completely Wrong - 23 Wrong Assumptions

Rextag

trillion in clean energy investments per year by 2030, but this assumption ignores financial realities. What This Means: If past trends continue, the IEAs projected clean energy investment levels will not materialize, meaning fossil fuels will remain dominant far beyond 2030. Jet fuel demand will continue rising well beyond 2030.

Oil 40
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What 2024 Taught Us: From Offshore Discoveries to Net Zero Ambitions, What Mattered Most

Rextag

In a polarized world facing energy supply pressures and climate imperatives, the tension between fossil fuels and clean energy has become more pronounced. shale oil production surged to 10 million barrels daily , reinforcing Americas role as a cornerstone of global energy stability. Record U.S. Shale Output: U.S. renewable projects.