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Rystad Energy

Existing fossil fuel power plants will play a pivotal role in enabling the full transition to a near-zero-carbon electricity system in many countries. How can such a surprising and perhaps counter-intuitive conclusion be reached? Read more

Renewable & Biofuel

According to fresh research by Rystad Energy, installed offshore wind capacity in US waters could reach 20 gigawatts (GW) by 2030 and annual investments in the sector could surpass $15 billion by the mid-2020s. Read more

Renewable & Biofuel

In retrospect, 2019 was another strong year for offshore exploration and production companies. Free cash flow remained strong and telltale signs have emerged that we are entering a new offshore investment cycle. Read more

Offshore & Marine

The 14-country OPEC bloc, Russia, and a host of other OPEC+ countries agreed on 6 December 2019 to bump up the group’s target oil-production cuts by just over half a million barrels per day. Read more

Commodities

A dark cloud of capacity constraints is casting a shadow over the oilfield service industry heading into 2020, mirroring the sharp growth in the number of new projects being brought forward by oil and gas operators. Read more

Offshore & Marine

Energy projects that need oil prices above $60 per barrel in order to break even risk being uncommercial going forward. Read more

Drilling & Exploration

North American shale supply will continue growing even in an environment with lower oil prices. Read more

Commodities

Rystad Energy predicts that total non-OPEC production (crude oil and condensate) will grow by around 2.26 million barrels per day (bpd) in 2020. Read more

Upstream

In a pivotal shift, the U.S. is only months away from full energy independence. Read more

Drilling & Exploration

Despite massive cuts in investment the US Gulf of Mexico is set for another year of record oil production in 2020. Read more

Offshore & Marine

Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030. Read more

Commodities

U.S. shale operators are on track to grow 2019 oil production by around 16% over 2018 Read more

Drilling & Exploration

Enterprise Products Partners LP plans to expand... Candor Midstream LLC's South Central Oklahoma Oil Province... U.S. shale supply will peak at approximately 14.5 million bpd... According to the Potential Gas Committee... The U.S. shale boom... Read more

Natural Gas/LNG

Flaring and venting of natural gas in the Permian Basin in Texas and New Mexico reached a new all-time high in the third quarter of 2019. Read more

Natural Gas/LNG

On 28 October 2019 BP announced a major gas discovery, Orca-1, off the coast of Mauritania. Read more

Drilling & Exploration

The steady fall of the U.S. onshore drilling rig count is increasingly raising questions about whether U.S. oil production will grow in 2020. Read more

Drilling & Exploration

Rystad Energy expects exports to balloon and reach 4.7 million bpd by the end of 2020 and nearly 6 million bpd by the end of 2022. Read more

Offshore & Marine

In a new in-depth study, Rystad Energy estimates that as much as $100 billion can be eliminated from E&P upstream budgets through automation and digitalization initiatives in the 2020s. Read more

Training & Human Resources

Lower oil prices will push the global service market into a recession in 2020 after three successive years of growth Read more

Maintenance & Reliability

Flaring of gas in the Permian Basin in the US in the first quarter of 2019 dropped for the first time in 1.5 years, according to Rystad Energy. Read more

Natural Gas/LNG