Energy and Resources Predictions 2012
Twelve months is a long time in the energy and resources sector! This year saw the ‘Arab spring’ unfold with impacts on oil markets, Libya being Africa’s third largest producer. March saw the earthquake and tsunami in Japan reignite the debate over whether nuclear power is a safe energy option for the future, with Italy, Switzerland and Germany revaluating and reversing their nuclear energy plans, while the US and the UK have decided to continue.
Meanwhile China’s voracious appetite for all classes of raw materials has continued to drive mining commodity prices upward, leading to generally improved profits for miners, but potentially setting the stage for a future pricing correction.
From a global perspective 2012 looks equally complex. This annual review and prediction of global trends, including insights from Deloitte E&R industry specialists globally looks at ten wide-ranging trends across the diverse sub-sectors of E&R, including commodity prices, international oil demergers, energy nanotechnology breakthroughs, natural gas markets, corporate water stewardship, the new geopolitical resource risk, solar-enhanced oil recovery, consumer energy usage, the future of oil services and piracy on the high seas!
Please click on the attachment below to download the full report.