Breaking records left and right, Argentina’s Vaca Muerta is the world’s quickest growing shale play
LNG price rally spurs oil switch in Asia, boosting oil prices and demand by 400,000 bpd
Seismic vessel utilization recovers to pre-Covid-19 level as market embraces energy transition jobs
Geothermal power push points to record well count in 2021, growth set to bring billions to drillers
Clients can now benefit from full global data, analytics and advisory capabilities within the renewable energy sector, as they have come to expect from other product lines within Rystad Energy’s Solution Suite.
Read MoreRystad Energy is delighted to announce the launch of the Energy Transition Solution suite, a major addition to the growing family of solutions it serves to its clients, consisting of a group of new and existing products that are now linked under a single dedicated product umbrella.
Find Out MoreRystad Energy has released its inaugural Energy Transition Report. Usually, access is granted only to subscribers, but the first edition is exclusively available for free download.
Find Out More The fundamental element to our business and finer forecasting is our bottom-up approach to data. Rystad Energy’s comprehensive and consistent micro-to-macro datasets are truly unique, and we assure that the data actually adds up across different sectors, regions and databases.
The OPEC+ coalition’s recent agreement to steadily raise oil production is paving the way for Russia to slowly shrug off Covid-19 curtailments. The country is on track to set a new monthly crude and condensate output record of 11.6 million barrels per day (bpd) already in July 2022, a Rystad Energy analysis reveals. Russia’s oil machine will then accelerate further to a peak of almost 12.2 million bpd in mid-2023. (read more)
Japan’s recent revision to its Strategic Energy Plan (SEP) lowers the targeted share of liquefied natural gas (LNG) in the country’s power generation mix in 2030 to 20% from 27% previously, as a measure to cut emissions. A Rystad Energy analysis concludes that Japan’s targets are too ambitious to meet and that the changes the new plan will bring will mostly be in the structure of commodities trading. (read more)
Mining bitcoin and other cryptocurrencies consumes vast amounts of energy. Increasing scrutiny over the environmental impact of this activity recently led the Chinese government to order a crackdown on projects around the country, and now most of them are reportedly already halted. A Rystad Energy analysis shows that until recently, China’s bitcoin production used to emit as much CO2 as the whole country of Portugal, a whopping 57 million tonnes (Mt) annually. (read more)
