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 […]
Offshore wind turbines are growing in size as technology advances and demand for renewable energy soars but installing them could be a headache for operators as demand will outpace the supply of capable vessels by […]
Following the publication of BP’s annual Statistical Review, each year Rystad Energy releases our own analysis of the global energy landscape to provide an independent, data-based comparison and evaluation. Continuing the trend from previous years, […]
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