Rystad Energy

Latest articles from Rystad Energy

• Permian Leaves Rivals Behind As Production Continues To Grow

  Published 31 May 2022 | viewed 15,384 times

  Permian oil production growth is set to outpace OPEC heavyweight Iraq this year and next as demand for oil surges on historically tight supply, Rystad…

• The EU Needs More Than $1 Trillion For Plan To Ditch Russian Oil And Gas

  Published 25 May 2022 | viewed 7,987 times

  The European Union’s REPowerEU seeks to reduce the European Union’s dependency on Russian fossil fuels and accelerate the transition away from carbon-intensive energy sources. The…

• Top Producing Oil Play In The Permian Set To Break Records In 2022

  Published 19 May 2022 | viewed 18,478 times

  Total hydrocarbon production in the Permian Delaware Basin, the top-producing play in the Permian, will hit a record 5.7 million barrels of oil equivalent per…

• Europe Looks To African Gas To Reduce Dependence On Russian Imports

  Published 14 May 2022 | viewed 14,718 times

  Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75% of the…

• Is This The Most Disruptive Event Ever For U.S. Solar?

  Published 10 May 2022 | viewed 17,913 times

  As much as 17.5 gigawatts (GWac) of planned US solar capacity installations in 2022 are in doubt after the Department of Commerce (DOC) opened an…

• Europe May Face LNG Crisis This Winter

  Published 09 May 2022 | viewed 11,712 times

  A liquified natural gas (LNG) crisis is brewing for European countries dealing with energy insecurity in the wake of Russia’s invasion of Ukraine, as demand…

• Upstream Oil Industry To See Highest Profits Ever In 2022

  Published 03 May 2022 | viewed 16,059 times

  Public exploration and production (E&P) companies are on track to shatter previous record profits this year as high oil and gas prices and surging demand…

• The Inevitable Decline Of Russia’s Oil Industry 

  Published 02 May 2022 | viewed 29,668 times

  Despite the severe oil production cuts expected in Russia this year, tax revenue will increase significantly to more than $180 billion due to the spike…

• Carbon Capture Capacity Is Soaring But We Still Need More

  Published 27 April 2022 | viewed 4,217 times

  As the energy transition quickens, global carbon capture, utilization, and storage (CCUS) projects are on track to pull more than 550 million tonnes of CO2…

• High Oil And Gas Prices Provide Trillions Of Dollars In Tax

  Published 27 April 2022 | viewed 13,035 times

  Sustained high commodity prices and increasing oil and gas supply are set to push upstream sector payments to governments to an all-time high of $2.5…

• How Gas Flaring Fell To The Lowest Level In A Decade

  Published 21 April 2022 | viewed 7,739 times

  Gas flaring activity in the global upstream sector sunk last year to its lowest level in a decade due to improved productivity, increased environmental awareness,…

• 2022 Will Be A Record-Breaking Year For Offshore Wind Energy In Europe

  Published 20 April 2022 | viewed 4,156 times

  New offshore wind capacity additions in Europe are poised to hit a record high this year, topping 4 gigawatts (GW) for the first time and…

• Permian Could See Production Surge As New Permits Reach All-Time High

  Published 14 April 2022 | viewed 10,371 times

  Horizontal drilling permits for new wells in the Permian Basin hit an all-time high in March, with 904 total permit awards, driven by elevated oil…

• Oil And Gas Lead As Global Energy Spending Tops $2 Trillion In 2022

  Published 07 April 2022 | viewed 1,218 times

  Surging oil, gas and power prices together with the European Union (EU)’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will…

• Will Biden’s Oil Release Bring Down Prices At The Pump?

  Published 06 April 2022 | viewed 9,750 times

  The Biden Administration’s decision to go for a “big bang” release of strategic petroleum reserves (SPR) has successfully decreased oil prices, for now. The announced…

• Carbon Capture And Storage Spending To Top $50B Through 2025

  Published 17 March 2022 | viewed 6,455 times

  Service sector spending on carbon capture and storage (CCS) developments is set to skyrocket this decade, quadrupling from 2022 to 2025, with cumulative global expenditure…

• Rooftop Solar Installations To Almost Double By 2025

  Published 14 March 2022 | viewed 7,263 times

  Rooftop solar PV installations are set to surge in the next three years, with total capacity reaching 94.7 gigawatts (GW) by 2025, Rystad Energy analysis…

• Ukraine Crisis Could Send Coal Prices To $500

  Published 10 March 2022 | viewed 20,683 times

  Coal prices are soaring, hitting $462 per tonne today, up from $186 on the 23rd of February and likely to pass $500 this year, Rystad…

• Global Battery Demand To Increase 15-Fold As EV Boom Takes Off

  Published 03 March 2022 | viewed 4,864 times

  As the energy transition quickens and countries and consumers strive to decarbonize, global battery demand could surge exponentially and approach nine terawatt-hours (TWh) annually by…

• Ukraine War Could Wipe Out 1 Million Bpd In Local Oil Demand

  Published 02 March 2022 | viewed 15,456 times

  War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, Rystad…