says Maria van der Hoeven,
executive director of the Inter-
national Energy Agency. “This
year’s World Energy Outlook
[
WEO] shows that by 2035, we
can achieve energy savings
equivalent to nearly a fi h of
global demand in 2010. In other
words, energy efficiency is just
as important as unconstrained
energy supply, and increased
action on efficiency can serve
as a unifying energy policy that
brings multiple benefits.”
“
As energy demand grows,
there will continue to be a
diverse energy mix, with con-
ventional sources like oil and gas
remaining a hugely important
part of the equation,” says Samir
Brikho, CEO of AMEC. “However,
the global energy mix is evolving
over time as new technology
development and changes in the
nature and scope of regulations
are transforming the energy
landscape. While oil is expected
to remain the largest single
source of energy over the next
30
years, natural gas is growing
faster than any other fuel source
and is expected to displace coal
as the second-largest fuel.”
In addition, production of
compressed natural gas (CNG)
from the Marcellus and Utica
Shale formations is now being
used as an alternative fuel for
vehicles, a trend that will likely
AMEC’s in-situ oil sands
capability helped to
achieve an industry
benchmark for lowest
CAPEX per flowing
barrel for Southern
Pacific’s STP-McKay
SAGD (steam-assisted
gravity drainage) facility,
Alberta, Canada. South-
ern Pacific Resources
Corp. is an oil and gas
company engaged in the
development, explora-
tion and production of in-
situ oil sands and heavy
oil assets in Western
Canada. (Photo courtesy
of AMEC)
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2013
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