Tag Archives: Rystad Energy

The challenge for OPEC+ is the strong supply growth elsewhere in the world.

The US is set to account for 61 percent of all new oil and gas production over the next decade.

Russia has traditionally been Europe’s main gas supplier.

OPEC+ account for nearly 49 million of the 84 million bpd of global crude.

This is a signal of Aramco’s intent to become a global gas player and develop a broad LNG portfolio.

US LNG is a competitor to Australia. so the tariffs work to take Australia'.s main competitor out of the market.

Rystad expects North Sea oil production to drop to 2.28 million bpd with 462 000 bpd lost due to outages.

The shift is driven by more favorable investment conditions in the Kurdistan Region of Iraq.

US shale drillers have run into a series of problems that have resulted in increased scrutiny on their operations.