China is looking to pump up oil and gas production in the years ahead to meet climbing domestic demand and reduce the record-high share of imports in its oil consumption. A Rystad Energy report projects […]
The COVID-19 pandemic has been devastating for the seismic industry for several quarters, keeping nearly half of its global fleet inactive – until recently. A Rystad Energy report shows that the seismic fleet’s hibernation is […]
The global pipeline for green hydrogen projects is growing fast, with a current target of 206 gigawatts (GW) in installed electrolyser capacity by 2040. However, a Rystad Energy analysis reveals that the locations of the […]
Renewed interest in the geothermal sector in recent years, which has seen oil and gas majors make investments in numerous start-ups, is set to see a new record in the number of wells drilled for […]
Grid parity, resilient networks and strategic partnerships have spurred growth in the world’s solar panel manufacturing capacity in recent years, to 330 gigawatts (GW) in mid-2021. A Rystad Energy analysis reveals that to meet the […]
Rystad Energy’s initial assessment of Hurricane Ida’s impact on US oil production and refinery capacity estimates a peak daily supply curtailment of 1.8 million barrels per day in the Gulf of Mexico, which currently has […]
International aviation restrictions are still preventing jet fuel from recovering as fast as other oil products, a Rystad Energy analysis reveals. Most of the demand destruction seen in road fuels since the outbreak of the […]
The OPEC+ coalition’s recent agreement to steadily raise oil production is paving the way for Russia to slowly shrug off COVID-19 curtailments. The country is on track to set a new monthly crude and condensate […]
Japan’s recent revision to its Strategic Energy Plan (SEP) lowers the targeted share of liquefied natural gas (LNG) in the country’s power generation mix in 2030 to 20% from 27% previously, as a measure to […]
Fossil fuel causes 75% of global greenhouse gas emissions (GHG). Carbon capture and storage (CCS) is an escape hatch, or an offset, to be used if there are “leftover” GHG emissions – to bring the […]
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