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IEA: WEO 2018 finds that energy destiny lies with government
Oil & Gas Journal: Major transformations are under way for the global energy business and with more than 70% of energy investments projected to be driven by government, the world’s energy destiny lies with government decisions, according to the International Energy Agency’s World Energy Outlook 2018.
Geopolitical factors are exerting new and complex influences on energy markets, IEA said.
While the geography of energy consumption continues its historic shift to Asia, WEO 2018 finds mixed signals on the pace and direction of change.
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