Crude Oil News
Oil’s Uncertain Future
Daily Standup Top Stories Oil Is Not Out of the Woods Yet September 18, 2024 Stu Turley Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being […]
Rystad Energy
Energy Crisis
Renewable Energy’s Rise Creates Challenges for Traditional Power Utilities
The increasing prevalence of renewable energy sources, particularly solar power, is disrupting the traditional power industry and creating challenges for utilities. To remain competitive, energy companies must adopt holistic thinking, diversify their portfolios, and embrace […]
Geopolitical
Houthi Attacks in Red Sea Sharply Increase
Recent Houthi attacks in the Red Sea have sharply increased, disrupting shipping routes and impacting oil markets, Rystad Energy Global Market Analysis Director Claudio Galimberti said in a market update sent to Rigzone by the Rystad team […]
Coal
Refineries are BACK!
Daily Standup Top Stories ADNOC Moves Ahead With Huge LNG Export Project in UAE June 12, 2024 Mariel Alumit Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the […]
Coal
U.S. LNG Shipped to Asia Is Still Cleaner Than Coal
US LNG shipped to Asia has a lower value-chain emissions footprint than coal-fired power generation, even over long distances. Uncertainties regarding methane emissions and variations in emissions intensity between different sources and types of LNG […]
Biofuel
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 […]
Exploration and Production
Renewable Energy Faces Supply Chain Bottlenecks
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 […]
Crude Oil News
International offshore oil calls once more
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 […]
ET Renewable
Onshore wind to become Sweden’s largest power source by 2030: Rystad
“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 […]
Exploration and Production
Renewable Investments Could Outstrip Upstream Oil And Gas In 2022
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 […]