Rystad Energy

Latest articles from Rystad Energy

• Global Oil Demand Growth Is Evaporating

  Published 11 February 2020 | viewed 19,286 times

  The coronavirus epidemic in China has triggered restrictions in the country’s public transport and air travel, both at a domestic and an international level, reducing…

• Guyana’s Economic Growth Jumps As Oil Production Soars

  Published 05 February 2020 | viewed 26,283 times

  The economic fortunes of Guyana, with a population of only around 800,000, are poised for a major transformation after its first-ever oil development commenced production…

• Is Iraq Too Risky For Oil Majors?

  Published 16 January 2020 | viewed 12,898 times

  The US and Iran seem to be have stepped back from the brink of armed conflict, at least for now, but many oil and gas…

• Is This The Start Of A New Offshore Oil & Gas Boom?

  Published 14 January 2020 | viewed 35,747 times

  In retrospect, 2019 was another strong year for offshore exploration and production companies. Free cash flow remained strong and telltale signs have emerged that we…

• Oil Prices Are Set To Slide Even Further

  Published 12 January 2020 | viewed 83,988 times

  Oil prices have had a tumultuous week since the US launched a drone attack in Baghdad, killing Iranian General Qassem Soleimani. With tensions peaking after…

• Operating Costs In Oil & Gas Are Falling Globally And This Country Is Leading

  Published 09 January 2020 | viewed 33,900 times

  Operational production costs in the oil and gas industry have fallen across the globe, with the United Kingdom emerging as a cost-cutting powerhouse among global…

• Global Oil And Gas Discoveries Hit Four-Year High

  Published 09 January 2020 | viewed 15,382 times

  The world’s oil and gas explorers powered ahead and discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according…

• This Exploration Blind Spot Offers Great Promise

  Published 10 December 2019 | viewed 6,639 times

  Based on currently available geophysical data, the Lebanese government estimates that the offshore oil and gas frontier areas in the East Mediterranean may hold around…

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

  Published 03 December 2019 | viewed 55,161 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 17,957 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 15,125 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 26,374 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 25,016 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 23,473 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 12,539 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 66,527 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 8,392 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 22,833 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 37,034 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 17,451 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…