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