Insight Blog | S&P Global

Net Zero

Canadian oil sands optimization projects to increase production, even in lower price track of 2025

Canadian oil sands production is expected to reach a record annual average production of 3.5 million b/d in 2025, 5% higher than 2024, according to an S&P Global Commodity Insights outlook.

Energy Transition, Oil and Gas

Insight Conversation: Mark Thomas, Bapco Energies

With Mark Thomas at the helm, Bapco Energies has embarked on the modernization and expansion of its 300,000 b/d Sitra refinery, now known as Bapco Refining, moved into trading oil products from the refinery, started a 2 GW offshore wind project in collaboration with renewables company Masdar, expanded power and gas imports to diversify supply and reduce emissions, and invested in energy startups aligned with decarbonization goals through BeVentures, its venture capital arm.

Natural Gas, Energy Transition

Natural gas' renewable energy paradox

Investing in gas-based power generation in Asia is a complex decision driven by many factors, and a new report by S&P Global Commodity Insights highlights how the pace of renewable energy growth adds to this complexity.

Commodity Tracker: 4 charts to watch this week

S&P Global Commodity Insights editors are closely monitoring Asian refiners as they reassess emergency crude reserves amid the Israel-Iran conflict. Egypt's domestic corn price surge could favor Black Sea supplies, while the US Environmental Protection Agency has released the proposal for new renewable volume obligations for 2026-27.