Mining bitcoin and other cryptocurrencies consumes vast amounts of energy. Increasing scrutiny over the environmental impact of this activity recently led the Chinese government to order a crackdown on projects around the country, and now […]
Every year and following the publication of the BP Statistical Review, Rystad Energy releases its own assessment to provide an independent, solid and clear comparison of how the world’s energy landscape changed last year. Rystad […]
Following a deadlock in OPEC+ negotiations at the July 2021 meeting, oil prices briefly rose above $75 per barrel at the prospect of the alliance keeping output stable from August onwards, with producers in theory […]
Τhe FPSO market is booming this year, with more contracts awarded in the second quarter of 2021 than during the full year 2020. Rystad Energy expects FPSO awards to reach a total of 10 units […]
The accelerating adoption of electric vehicles has created an unprecedented situation for the global battery market and the sourcing of its key components. The manufacturing of cathode, one of the most critical components for batteries, […]
Supplying liquefied natural gas to the growing Asian market has become more expensive for US producers this year, a Rystad Energy report reveals. Even so, US exporters are unlikely to repeat last year’s cost-related shut-ins […]
With oil trading above $70 per barrel while investment activity remains low, the world’s publicly traded exploration and production (E&P) companies are set to generate record-breaking free cash flows in 2021, a Rystad Energy report […]
Global efforts to reduce carbon emissions are accelerating and most industries are searching for new ways to reduce their carbon footprint in the years and decades to come. Shipping is also under scrutiny and the […]
A worrying Rystad Energy analysis of seismic activity in the US’ key oil producing regions reveals that the number of noticeable earthquakes has been increasing year after year since 2017. Tremors of above the magnitude […]
Australia is about to see its largest-ever wave of offshore development wells that reach the end of their producing life and need to be for decommissioned. This task is both adding headaches for producers and […]
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