The world needs all types of energy sources to meet future demand
A world of never-ending energy crises
Countries seeking energy security have ended up grappling with unprecedented fuel shortages from excessive promotion of one type of energy source, ill-designed political approaches and market data deterioration
The world needs all types of energy sources to meet future demand, as well as all available technologies to enhance energy efficiency without reducing living standards. In addition, the world needs all types of transportation technologies to avoid traffic congestion while reducing pollution in large cities. This means some energy sources can be considered net complements and additions, rather than net substitutes. But what the world does not need is hype. Excessive promotion of one type of energy can indirectly generate shortages and high price volatility. For instance, hyping up the role of US shale reduced investments in upstream oil and gas around the world, leading to energy shortages an
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
