2020 was a year of radical shifts in energy markets. The first, but not the most important one, was the deliberate failure of the OPEC+ deal in March. This was largely predetermined by the reallocation of standings of the major players in the oil market. In 2016, when the first OPEC+ deal was announced, the share of OPEC in global oil and liquid hydrocarbon production was 37.
8%, but in 2019 it was only 34.4% according to the U.S. Energy Information Administration (EIA). The share of the United States in the same period increased from 15.2% to 19.3%,…Hydrogen: The Beginning Of A New Era In Energy
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