Supply Chain

The maintenance, modification and operations (MMO) market for the renewable and low-carbon energy industries is set to soar by the end of the decade and approach $250 billion, presenting ample opportunities for operators to reap rewards from the energy transition. The oil and gas industry has dominated the MMO sector, but that is set to change as green energy sources increasingly account for a greater percentage of the world’s energy mix. (read more)

Energy Transition

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 2030, 15 times the levels seen in 2021. (read more)

E&P

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 will outstrip supply by the end of this year, Rystad Energy research shows. Although soaring demand has spurred the greatest rush of new LNG projects worldwide in more than a decade, construction timelines mean material relief is unlikely only after 2024. (read more)