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Equinor sees peak oil coming by 2028

first_img FacebookTwitterLinkedInEmailPrint分享Reuters:Oil firm Equinor expects global oil demand to peak by around 2027-2028, two-free years earlier than the company previously saw, as a result of the COVID-19 pandemic, it said on Tuesday.“Earlier assumptions for peak oil demand to happen around 2030 may be challenged,” Equinor said in its annual energy outlook.Equinor sees oil demand returning to the pre-pandemic level of around 100 million bpd by around 2025, and falling to 88 million bpd in 2050, under its central scenario, dubbed Reform. A year ago, it saw demand peaking just before 2030 at 105 million barrels per day (bpd), mainly due to electric cars denting demand for fossil fuels, and declining to 93 million bpd by 2050, under the same scenario.Supply constrains due to underinvestment could also impact the demand growth in the future, after oil firms cut investments by about 30% this year, the company said. “The consequence may be that billions of barrels of oil that were earlier assumed to be recoverable will not be developed,” Equinor added.Equinor said COVID-19 imposed changes on how people work and travel could have a long-lasting impact and slow oil demand growth, while deployment of renewable energy and electric cars would accelerate.“It is likely that demand for aviation fuels will suffer for many years to come, as the pandemic may have permanently altered the frequency with which we fly,” it said in the outlook.[Nerijus Adomaitis]More: Equinor sees oil demand peaking two-three years sooner due to virus Equinor sees peak oil coming by 2028last_img read more

Aspley and Sandgate buyers both pay $820k for their property — but which is better deal?

first_imgThe outdoor living space at 116 Kirby Rd, Aspley.“Every sale we’ve had there recently is non-local,” he said.“It’s an area that has been grossly underestimated and with the train line, you can be in the city for work in less than 30 minutes.”Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 10:02Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -10:02 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p270p270p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenJune, 2018: Liz Tilley talks prestige property10:02 The home at 116 Kirby Rd, Aspley, sold for $820,000.TWO homes in Brisbane’s north have sold for the exact same price.The properties at 116 Kirby Rd, Aspley, and 92 Deagon St, Sandgate, are about 10km from each other and both sold for $820,000. The kitchen at 116 Kirby Rd, Aspley.About 45 groups went through the Aspley home and four written offers were received before it sold to a family from Wollongong.“He’s a chiropractor and is from California originally, so he liked that he could see the ocean from the rooftop terrace and work from within the home,” Mr Rowland said.“Whereas, you can’t see the beach from the Sandgate home but you can walk down to it in just a few minutes.” The home at 92 Deagon St, Sandgate, also sold for $820,000.He said the buyer of the Sandgate home was from Balmoral and the agent had experienced a spike in non-locals buying in the area. Inside 116 Kirby Rd, Aspley.Place Aspley lead agent Tristan Rowland said it was difficult to compare the properties because each buyer had different priorities.“It’s all in the eye of the beholder,” Mr Rowland said.“One is slightly bigger, while one is closer to the ocean, so it just depends what the buyers are looking for.”More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019last_img read more

Fan reactions to Syracuse’s 78-70 win over Wake Forest

first_img Published on February 11, 2018 at 3:13 pm Facebook Twitter Google+ [View the story “Fan reactions to Syracuse’s 78-70 win over Wake Forest” on Storify] Commentslast_img