Rystad Energy

Xi Nan, our Senior Vice President of Gas and Power Market Research, participated in a panel discussion at #FlameConf in Amsterdam this week. Alongside other industry experts, she discussed the future need for LNG in Europe after 2040 and explored a targeted decarbonization pathway for the continent’s energy mix. If you're interested in learning more about our research in the field of gas and LNG, you can listen to the session "How big is the flame? The role of Gas, LNG and CCUS" from our recent Energy Transition Marathon. All sessions are available on demand. https://lnkd.in/dwG5fwYd

Russian oil production has remained strong despite sanctions imposed by Western countries in the wake of Russia’s invasion of Ukraine. The country’s gas and liquefied natural gas (LNG) industries, on the other hand, have suffered due to limited pipeline infrastructure and reliance on Western companies. Rystad Energy expects Russian piped gas to China to increase due to new infrastructure, but the outlook for Russian LNG is less rosy. The Kremlin has set an ambitious plan to commission 100 million tonnes of LNG capacity by 2030 but our forecasts show the country will miss that target by as much as 60 million tonnes. https://lnkd.in/dujXm3kv #LNGmarkets #RystadEnergy #energyindustry

What will the energy landscape look like in 2030? The 2024 Energy Transition Marathon is now available on demand. In this digital event, we address topics across the energy spectrum. In addition to Rystad Energy specialists, we are fortunate to be joined by prominent industry leaders and experts in their space. Please sign up and watch the on-demand webinar now https://lnkd.in/ds8ycRZE #EnergyTransitionMarathon #EnergyTransition #energy #Webinars Jarand Rystad Anne Ekern Lars Eirik Nicolaisen

International suppliers to energy industries compete in complex markets against local, regional and global companies with sophisticated procurement and bidding practices. Our latest whitepaper dives into the main contractor workflows, ranging from company acquisition, divestiture and partnership evaluation to project costing and business development opportunities. All of this underscores how third-party research can assist with complex decision-making processes, benefitting leaders at all levels of an organization. Download your complimentary copy: https://lnkd.in/d38qjT-e #supplychain #cleanenergy #oilandgas

Chart of the week: European steel demand is set to fall for the third year in a row as construction and mechanical engineering sectors suffer from high-interest rates, election uncertainty and continuing low confidence. However, positive market participants see a reversal of fortunes on the cards if macroeconomic headwinds fade this year. Even the bulls suggest that steel production should be more constrained than current levels to tighten fundamentals and improve pricing. The current over-supply is pressuring companies with surplus capacities or 'flexible' footprints to take the hit on behalf of everyone else. A voluntary decision to cut production is unlikely, but the current loss-making environment suggests an involuntary closure may well be on the cards soon. Things may have to get worse before they get better. Download our newest whitepaper, where our experts analyze the trends and outlook for steel prices in Europe for this year: https://lnkd.in/dbPe2PPT

Rystad Energy’s latest data reveals renewable energy installations in India surged to a record 7.1 gigawatts (GW) in March, more than doubling the previous record of 3.5 GW set in March 2022. The increase in installations helped India reach its highest-ever annual installed capacity of 18.5 GW for the fiscal year ending on 31 March 2024. The growth was primarily driven by solar installations, up 23% on levels from the 2023 financial year, driven by the commissioning of numerous projects within India's inter-state transmission system network and ultra-mega solar park schemes Read more here: https://lnkd.in/da7xF5Eu #rystadenergy #renewableenergy

What factors will determine the balance between excess and equilibrium in global LNG markets? How will potential infrastructure constraints shape the need for new transmission assets? Will upstream M&A reshape the US Lower 48 and its impact on oilfield services? Dive into these pressing questions and more at the upcoming Houston Energy Forum on 25 April at the Westin Houston, Memorial City. Our lineup of experts will provide insights on these key topics and host Q&A sessions throughout the event. Don't miss out on a day filled with enlightening updates covering the energy spectrum. The Houston Energy Forum is right around the corner, be sure to register now: https://lnkd.in/gMQMrGcd

Liquefied natural gas (LNG) remains the fuel of choice for lower-carbon shipping, despite the rise in orders for vessels equipped with dual-fuel methanol and ammonia engines, according to Rystad Energy analysis. While question marks remain around just how environmentally friendly LNG is as a shipping fuel, its price competitiveness, abundant supply and well-developed infrastructure give it an advantage over the alternatives. Read more here: https://lnkd.in/dyRAhDJC #rystadenergy #LNG #shipping

The offshore wind industry had a troublesome 2023, with postponed or canceled projects and developers struggling with low profitability in the face of high inflation and increased interest rates. One quarter into 2024, we are seeing signs of improvement – but the road ahead is long. Our head of Offshore Wind Research, Alexander Dobrowen Fløtre, takes a closer look at these trends and the journey ahead for the offshore wind industry. Read the full market insights: https://lnkd.in/dfPVs2n3 #OffshoreWindIndstry #supplychain #renewableenergy

We are pleased to invite you to our annual flagship event - the 2024 Energy Transition Marathon - a nine-hour on-demand digital event with nine distinct sessions addressing different topics across the energy spectrum. In addition to Rystad Energy specialists, we are fortunate to be joined by prominent industry leaders and experts in their space. Please sign up and watch the on-demand webinar now https://lnkd.in/gqFftMBC #EnergyTransitionMarathon #RystadEnergy #EnergyTransition #Energy #webinar