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Austria

World Oil Outlook 2014

Date of Editorial Board meeting: 
Publication date: 
Wednesday, October 1, 2014
Abstract in English: 
The OPEC World Oil Outlook (WOO) has been published annually since 2007. It presents projections for the medium-term (to 2019) and long-term (this year extended to 2040) for oil demand and supply. The main conclusions of the WOO 2014 are that oil will continue to play a major part in satisfying world energy needs, as the global economy more than doubles in size, population grows, prosperity expands everywhere, and despite a strong reduction in energy intensity. It also illustrates the growing significance of developing countries in the energy landscape and the progressive shift towards Asia as its gravity centre. Resources are amply sufficient to meet future oil needs. The WOO also emphasizes the many uncertainties associated with the global economy and non-OPEC supply.
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Number of pages: 
396
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European-Russian Space Cooperation in 2030: From Commercial Partnerships to Common Exploration Programmes?

Date of Editorial Board meeting: 
Publication date: 
Tuesday, January 1, 2013
Abstract in English: 
The current economic crisis makes decision makers aware of the economic and social dimension of the use of space. In the past few years, the economic crisis has led some governments to cut their space budget. At the same time, some countries and organisations have refocused their space policies and strategies for the period until 2030 on space applications, which are easier to justify to the public than exploration programmes. Cuts in public funding and the huge costs for long term and complex programmes highlight the necessity of international cooperation in space activities. International space cooperation will be the subject of this Perspective, more precisely European-Russian cooperation in the 2030 timeframe.
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Number of pages: 
8
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