Rystad Energy

Latest articles from Rystad Energy

• Oil Could Fall To $40 If OPEC+ Fails To Deepen Cuts

  Published 03 December 2019 | viewed 55,141 times

  Barring additional oil production cuts by OPEC in 2020, Rystad Energy forecasts a substantial build of global crude stocks and a corresponding drop in oil…

• Can The U.S. Become Energy Independent By Next Year?

  Published 26 November 2019 | viewed 17,937 times

  In a pivotal shift, the US is only months away from full energy independence. By 2030, total primary energy production will outpace primary energy demand…

• Gulf Of Mexico Oil Output Set For Another Record Year

  Published 22 November 2019 | viewed 15,110 times

  Despite massive cuts in investment the US Gulf of Mexico is set for another year of record oil production in 2020, according to Rystad Energy.…

• This Underdog Could Soon Become The World’s Largest Oil Producer

  Published 19 November 2019 | viewed 26,364 times

  Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, based on Rystad Energy’s latest data and…

• Oil Majors Go On $27 Billion Selling Spree

  Published 18 November 2019 | viewed 25,004 times

  Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total $27.5 billion,…

• Megamerger Could Create The Next Deepwater Oil Giant

  Published 17 November 2019 | viewed 23,463 times

  Commenting on unconfirmed reports that leading offshore contractors Saipem and Subsea 7 are considering a merger, Audun Martinsen, head of oilfield service research at Rystad…

• Norway’s Oil Boom Is Back

  Published 07 November 2019 | viewed 12,537 times

  Commenting on Equinor’s oil and gas discovery near the Fram field in the Norwegian North Sea, announced on 6 November 2019, senior analyst Palzor Shenga…

• Replacement Rate Hits 20-Year Low: Oil Industry Only Replaces 1 In 6 Barrels

  Published 13 October 2019 | viewed 66,508 times

  Oil and gas companies have discovered 7.7 billion barrels of oil equivalent (boe) year-to-date, according to Rystad Energy’s latest global discoveries report. “The industry is…

• The Race To Save $100 Billion - A Digital Revolution In Oil

  Published 09 October 2019 | viewed 8,382 times

  In a new in-depth study, Rystad Energy estimates that as much as $100 billion can be eliminated from E&P upstream budgets through automation and digitalization…

• The Oil Majors Leading The M&A Boom In Oil And Gas

  Published 05 October 2019 | viewed 22,825 times

  European supermajors BP and Shell occupy the top spots on opposite sides of Rystad Energy’s M&A ranking for the oil and gas sector during the…

• Europe’s Gas Demand Soars As Dutch Giant Folds

  Published 02 October 2019 | viewed 37,015 times

  Europe’s energy landscape will be completely changed once the Dutch shut down the largest gas field on the continent years ahead of schedule, according to…

• US Shale Won’t Go Bankrupt

  Published 25 September 2019 | viewed 17,428 times

  Despite a wave of financial adversity that has tormented US onshore E&P companies lately, Rystad Energy does not view this as a harbinger of doom…

• Oilfield Services More Bullish Following Oil Price Jump

  Published 19 September 2019 | viewed 14,479 times

  The recent oil price jump could create further momentum for service sector margins, according to Rystad Energy. Sixty percent of the top 50 oilfield service…

• Lower Oil Prices Ends Oilfield Services Growth In 2020

  Published 14 September 2019 | viewed 36,395 times

  Lower oil prices will push the global service market into a recession in 2020 after three successive years of growth, according to Rystad Energy. In…

• Rystad: US Shale Production To Peak At 14.5 Million Bpd

  Published 12 September 2019 | viewed 24,552 times

  US shale supply will peak at approximately 14.5 million barrels per day (bpd) around 2030, according to Rystad Energy. In the past decade, crude oil…

• Three Essential Factors For Oil Prices In 2020

  Published 06 September 2019 | viewed 31,056 times

  Three essential factors will determine the direction of the oil price next year, according to Rystad Energy. In a market update, Bjørnar Tonhaugen, head of…

• UK Offshore Oil & Gas Is About To Boom Again

  Published 03 September 2019 | viewed 20,916 times

  As tens of thousands oil and gas professionals gather in Aberdeen for the biannual SPE Offshore Europe conference & exhibition, the UK offshore scene is…

• Subsea Sector Could Lose Big If Oil Prices Plunge

  Published 22 August 2019 | viewed 13,292 times

  The subsea market in 2019 will experience year-on-year growth for the first time since 2014, but the positive outlook is vulnerable to any significant decline…

• Diesel Car Sales Plunge In The World’s Hottest Electric Car Market

  Published 19 August 2019 | viewed 26,143 times

  Sales of certain diesel models are in free-fall as Norwegians turn to Tesla and other makers of premium electric vehicles (EV), Rystad Energy finds. Norway…

• The Fastest Growing Energy Producer In The World

  Published 15 August 2019 | viewed 17,649 times

  Russian giant Gazprom saw the highest production growth over the last five years, followed by shale gas players in the US and China, while BP…