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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInternational Energy Forum Secretary General: 'The energy transition won't happen overnight'Brian Sullivan sits down with Joe McMonigle, the Secretary General of the International Energy Forum, from the Milken Institute's Global Conference in Los Angeles, to discuss energy security and the biggest challenges the industry is facing
Persons: Brian Sullivan, Joe McMonigle Organizations: International Energy Forum, International Energy, Milken Institute's Global Conference Locations: Los Angeles
Investments in hydrocarbons have to continue, IEF chief says
  + stars: | 2023-10-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestments in hydrocarbons have to continue, IEF chief saysJoe McMonigle, secretary general of the International Energy Forum, discusses the differences between OPEC and the International Energy Agency when it comes to their 2030 market outlooks.
Persons: IEF, Joe McMonigle Organizations: International Energy Forum, International Energy Agency
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIEF: Proactive supply cuts by OPEC+ members to continue with 'question mark' over Chinese demandJoseph McMonigle, Secretary General of the International Energy Forum, says that India and China will drive oil demand for the second half of 2023.
Persons: Joseph McMonigle Organizations: International Energy Forum Locations: India, China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpectations of a linear energy transition are a little shaken, says International Energy ForumJoseph McMonigle, secretary general of the International Energy Forum, says "climate priorities have to coexist with other priorities like energy security and affordability and energy access."
Persons: Joseph McMonigle Organizations: Energy, International Energy Forum
CNBC Daily Open: Let’s talk about the Dow
  + stars: | 2023-07-24 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +5 min
Michael M. Santiago | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. For the second half, the bank thinks GDP will grow 1.3%, compared with 0.6%. "India and China combined will make up 2 million barrels a day of demand pick-up in the second half of this year," he said. The bottom lineLet's talk about the Dow Jones Industrial Average and why it did better than the S&P 500 and the Nasdaq Composite last week.
Persons: Michael M, Tesla, Wood, Morgan Stanley, Joe Biden's, Ellen Zentner, Joseph McMonigle, McMonigle, Sarah Min, Dow, Goldman Sachs, Gamble Organizations: New York Stock Exchange, Santiago, Getty, CNBC, Nasdaq, KE Holdings, Joe Biden's Infrastructure Investment, Jobs, International Energy, Federal Reserve, Dow Jones Industrial, JPMorgan Chase, Apple, Microsoft, Nike, Procter, Nvidia, UnitedHealth, Dow Locations: New York City, China, U.S, India
Oil prices are expected to increase in the second half of 2023, according to the International Energy Forum. Oil prices are set to rise in the second half of the year as supply struggles to meet demand, according to the Secretary General of the International Energy Forum. McMonigle attributes the push in oil prices to increasing demand from China — the world's largest importer of crude oil — and India. "India and China combined will make up 2 million barrels a day of demand pick-up in the second half of this year," the Secretary General said. Asked if oil prices could once again spike to $100 a barrel, he noted that prices are already at $80 per barrel and could potentially go higher from here.
Persons: Joseph McMonigle, we're, McMonigle, General, , Brent Organizations: International Energy, International Energy Forum, CNBC, of, Petroleum, West Texas Locations: Goa, India, China, OPEC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina and India's oil demand will rise by 2 million barrels per day in the second half of 2023: IEFJoseph McMonigle, secretary general of the International Energy Forum, speaks to CNBC's Sri Jegarajah and warns of "serious problems" with oil supply in the second half of the year.
Persons: IEF Joseph McMonigle, Jegarajah Organizations: China, International Energy Forum
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi Arabia’s production cuts will start impacting inventories soon: IEF secretary generalSaudi Arabia’s production cuts “will start impacting inventories soon," IEF Secretary General Joseph McMonigle tells CNBC's Dan Murphy at the OPEC seminar in Vienna.
Persons: Joseph McMonigle, CNBC's Dan Murphy Organizations: Saudi Locations: Vienna
CHINA OUT./File Photo/File PhotoSummarySummary Companies Energy transition front and centre at Davos meetingEurope energy crisis forces moment of reckoningClimate activists sceptical of oil industry inclusionDAVOS, Switzerland, Jan 20 (Reuters) - A different type of energy transition has taken place at this year's World Economic Forum (WEF) meeting. Unlike 2021's COP26 climate conference in Glasgow, where oil and gas executives were personae non gratae, fossil fuel chiefs and renewable energy bosses sat cheek by jowl in Davos. Thunberg's was not the only voice at Davos with strong objections to the industry's new mantra that the energy crisis justifies new oil investments. Like Birol, British opposition leader Keir Starmer said the oil and gas sector has a role to play in the energy transition. Jaber, who is the founding CEO of Abu Dhabi’s renewable energy firm Masdar and has overseen the UAE's mandate to adopt renewables is not without green credentials.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe have to keep investing in oil and gas until there is viable alternative: IEF SGJoseph McMonigle of the International Energy Forum discusses oil and gas investments.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnergy security is not a 'short-term thing,' IEF secretary general saysJoseph McMonigle, secretary general of the International Energy Forum, says energy security should not be considered a "short-term thing."
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