Energy Update

(Wed, 14 Oct 2020) EIA’s new <em>Handbook of Energy Modeling Methods</em> explains, in plain language, the processes EIA uses to produce long- and short-term projections of key energy market statistics. Today EIA released <em>Handbook</em> documentation for most of the World Energy Projection System (WEPS), along with some parts of the National Energy Modeling System (NEMS) and the Short-Term Energy Forecasting System (STIFS).

(Wed, 30 Sep 2020) China is the world's most populous country with a fast-growing economy that has led it to be the largest energy consumer and producer in the world. Rapidly increasing energy demand, especially for petroleum and other liquids and natural gas, has made China influential in world energy markets. Although a majority of China’s energy is from coal, the country is diversifying its energy portfolio to curtail heavy air pollution and use more cleaner burning fuels.

(Mon, 21 Sep 2020) <p style='color: #666;'>This report contains summary information and updated maps of the Wolfcamp shale play of the Midland Basin, which is a part of the larger Permian Basin. The report uses resent data on play hydrocarbon exploration and production.</p>

(Thu, 25 Jun 2020) Nigeria is the largest crude oil producer in Africa and holds the largest natural gas reserves on the African continent. Hydrocarbon production is an important revenue stream for the government, but commodity price swings and sporadic supply disruptions to production are significant risk factors for the government and the economy.