USA Biofuels Industry is Booming
The biofuels industry in the U.S. is booming. That’s what Rystad Energy stated in a release sent to Rigzone recently, adding that a “fresh surge in production is just around the corner thanks to increased […]
The biofuels industry in the U.S. is booming. That’s what Rystad Energy stated in a release sent to Rigzone recently, adding that a “fresh surge in production is just around the corner thanks to increased […]
Procurement is vital for energy companies to manage costs, sustainability, and supply chain efficiency. Renewable energy projects face unique challenges such as geopolitical risks, supply chain bottlenecks, and cost volatility. Governments need to deepen their […]
As demand increases, and companies rethink how fast they might want to transition beyond oil and gas, the offshore is having a moment. Driving the move is the age-old question of access to resources. The […]
“We have onshore wind slightly overtaking hydro as the largest source of electricity by 2030, reaching 70.1 terawatt hours (TWh) overall,” Rystad renewables analyst Francesca Bjoernflaten told Reuters. OSLO: Swedish onshore wind production is projected […]
Capital investment in renewables is set to reach nearly $500 billion in 2022. This year could be the first year that renewable investment overtakes upstream oil and gas investment. The break-even time on renewable energy […]
Electric vehicle demand is soaring despite the lack of public charging infrastructure. While demand remains strong, there is a clear need for increased investment in charging infrastructure. China is leading the deployment of charging infrastructure […]
Global oil and gas exploration is set to falter this year as the number of licensed blocks and total acreage fall to near all-time lows as the sector struggles to shake off the effects of […]
As the global energy crisis deepens and countries scramble to secure reliable energy sources, investments in new liquified natural gas (LNG) infrastructure are set to surge, reaching $42 billion annually in 2024, Rystad Energy research […]
US shale oil producers are in line to suffer more than $10 billion in derivative hedging losses this year if oil prices remain around $100 per barrel, Rystad Energy research shows. Many shale operators offset […]
Drilling and completion activity in South America is expected to peak this year after a significant slowdown in 2020 due to the global demand destruction brought on by the Covid-19 pandemic, Rystad Energy claimed. According […]
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