25 November 2021 Xiaonan Feng Lara Dong
China issued top-level guidance on the country’s work to achieve carbon peak and neutrality
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24 November 2021 Sam Wilkinson Paola Perez Pena Indrayuth Mukherjee Edurne Zoco, Ph.D. Catherine Robinson Andrei Utkin
In our latest video, members of our Clean Energy Technology team of experts provide key insights on some of the latest trends shaping renewable...
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24 November 2021 Reed Olmstead Raoul LeBlanc
The year-end 2022 DUC share of well completions fell from 10% in the previous iteration to 5% as some of those DUCs are brought to production...
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23 November 2021 Siqi He
Shipments of energy storage inverters more than doubled in 2020 to reach over 11 GW. As the world’s major economies increasingly unite in moving...
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18 November 2021 IHS Markit Energy Expert
The following provides a brief overview of selected reports in the Global Power and Renewables service from October 2021.
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17 November 2021 Mohd. Sahil Ali
In what is by far the most ambitious set of climate action targets set by India, a clear action plan is missing. IHS Markit’s energy and climate...
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16 November 2021 Logan Reese
On 26 October 2021, Prime Minister Scott Morrison announced Australia’s Long-Term Emissions Reduction Plan (The Plan) to deliver net zero by...
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16 November 2021 Rob Smith
Multi-billion-dollar green capex spend looms as refining sector reckons with a low-carbon future.
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16 November 2021 Justin Michael Cochrane Daniel Berkove Bob Fryklund
Unlike most of the world, Africa hosts many frontier basins with a significant number of large untested prospects. And large discoveries tend...
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15 November 2021 Joo Yeow Lee
Corporate demand for renewable energy has been growing and is forecast to log at least a 100-fold increase over the coming decade in Southeast...
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15 November 2021 Chris Ellis Analene Enslin
An early production system (EPS) via the PetroSA operated gas processing facility in Block 9 is a unique opportunity for TotalEnergies
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10 November 2021 Chengyao Peng
At the Climate Ambition Summit last December, President Xi Jinping announced that China will bring its total installed capacity of wind and solar...
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10 November 2021 Cristina Tome
What does the state of emergency in Ethiopia mean for the upstream sector?
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05 November 2021 Aaron Brady
Dampened US supply reactivity is leading the international oil market to a new, higher price band
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04 November 2021 Soffia Alarcon-Diaz Paola Perez Pena Edurne Zoco, Ph.D.
To adhere to a 1.5°C pathway, massive deployment of solutions to reduce and remove emissions will be required. Emissions reduction technologies...
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04 November 2021 Sarah McLean
The offshore rig fleet is being pulled in two directions with an uptick in reactivations for drilling work as well as an increasing number of...
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04 November 2021 Keryn Tsimitakopoulos
The Eastern Mediterranean region has proven resilient to broader upstream industry pressures, with a promising outlook for growth as deepwater...
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03 November 2021 Cecillia Zheng
On 22 July 2021, Indonesia submitted the Long-Term Strategy for Low Carbon and Climate Resilience 2050 (LTS-LCCR 2050), which aims to contribute...
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03 November 2021 Jenny Nguyen Yang
In late October 2021, the State Council of the People’s Republic of China announced two separate documents on achieving carbon emission ambitions—the...
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02 November 2021 Prasanna Rao Keefer Douglas
New gas discoveries in Turkey should add to domestic NGL supply, but will not be large enough to greatly reduce LPG imports.
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01 November 2021 Logan Reese Ankita Chauhan
In the third quarter of 2021, 22 new insight papers have been published in the IHS Markit Asia Pacific Integrated service, apart from the regular...
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01 November 2021 Paul Hughes
In 2021, the U.S. and Canada announced ambitious goals to reduce greenhouse gas (GHG) emissions. Both countries pledged to reach net-zero emissions...
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01 November 2021 Sara El-Hakim Matthew Palmer
US natural gas prices have surged in recent months, up 139% in October compared to a year ago, as concerns over adequate winter supply emerged....
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29 October 2021 Alan Bullion
Carbon farming sits within the broader agenda of improving sustainability within agriculture. As the UK hosts the COP26 summit in November these...
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28 October 2021 Jenny Nguyen Yang
After maintaining power supply security during two decades of robust growth, in September 2021, China started to experience a serious power shortage...
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28 October 2021
The Feto Kmaus 1 in onshore East Timor has spudded: the first onshore well in the country in nearly 50 years. An onshore commercial discovery...
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26 October 2021 Xiaonan Feng Lara Dong
“Dual control” to reduce energy intensity and to limit total energy consumption is a key measure that the Chinese government implements to help...
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26 October 2021 Cecillia Zheng Choon Gek Khoo
Power demand in major Southeast Asian (SEA) countries fluctuated during 2021. The following figure compares the 2020–21 year-on-year (y/y) power...
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22 October 2021 Ankita Chauhan
Overseas financing rises with India’s renewable ambition
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22 October 2021 Indrayuth Mukherjee Eduard Sala de Vedruna
IHS Markit: The United States remains the world’s most attractive market for renewables investment while India breaks into top five
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20 October 2021 Alexander Macgregor
Which country has made the faster progress so far in developing its CCS industry, from a regulatory perspective?
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18 October 2021 Zhi Xin Chong Huyen Trang Vu
Development to encourage hydrogen use has just started in Southeast Asia. A clean energy transition is underway that focuses on shifting coal...
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14 October 2021 Julien Zigliani Josh Holland Erika Baldessin
Gas development and utilization in Nigeria have been highly influenced by the various reforms to the country’s petroleum investment and regulatory...
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12 October 2021
With the intention to reduce crude imports by 10% and increase gas usage within the energy mix to 15% in the next few years, the Indian Government...
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08 October 2021 Robert Chambers
PFLNG Tiga: why is it needed
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07 October 2021 Rob Smith
Natural gas prices are soaring since May due to supply-demand issues. Can the gas-to-oil switching be a potential avenue to relief the price...
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05 October 2021 Xizhou Zhou
China’s announcement at the United Nations General Assembly that it will no longer build any new coal-fired power plants abroad accelerates the...
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05 October 2021 Christian de los Reyes Ullevik
As multiple oil & gas fields approach the end of production, and the global economy pushes toward the energy transition, a horde of oil &...
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05 October 2021 David Gates Cat Hunter
Corporate and government climate-related policies are coming under the scrutiny of the courts, accelerating shifts in upstream risk.
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30 September 2021 Catherine MacFarlane
The last decade has seen vessel requirements in the offshore wind market change dramatically. The rapid increase in size and height of offshore...
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29 September 2021 Xiao Lu Megan Jenkins Jenny Nguyen Yang
Chinese gas demand exceeded expectations to grow 14.9% in the first half of 2021, ahead of the 7.6% growth in 2020. LNG imports were the biggest...
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29 September 2021 Sen Yang Keefer Douglas
The spike in natural gas prices raises the question of how much LPG can be substituted for gas.
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29 September 2021 Lara Dong Chengyao Peng
China is currently going through one of the most significant power outages in a decade. By September 28, 22 provinces have experienced different...
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29 September 2021 Hedi Grati
Higher gas prices caused by the supply crunch are encouraging consumers to seek alternatives, and this leads to the potential surge of oil demand...
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29 September 2021 Laurent Ruseckas Anna Galtsova
Russian gas supply faces domestic and export pressure; unlikely to ease Europe's gas price surge as expected this winter. Read more to find out...
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27 September 2021 Vignesh Sundaram
In South Africa and Nigeria, the successful development of gas infrastructure is essential to meet reliable supply and electrification targets...
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21 September 2021 Ankita Chauhan
On 16th August 2021, India’s Ministry of Power published draft electricity rules for promoting renewable energy through open access. The draft...
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20 September 2021
As oil prices rise, is it time for operators to pivot strategies?
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16 September 2021 Moira Hollywood
The US federal government is facing shortfalls in funds to cover decommissioning and abandonment. Read more for our insight and analysis.
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14 September 2021 Patrick Luckow
As Democrats in the US Congress continue to debate the components of a broad legislative climate change package, the outline of a proposed policy...
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10 September 2021 Megan Jenkins Jenny Nguyen Yang
Following a price spike in the December 2020 and January 2021 winter season, China’s domestic wholesale LNG prices settled down by March 2021...
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10 September 2021 Aaron Brady
The COVID-19 pandemic and the energy transition will reduce long-term oil demand levels and accelerate the period at which it peaks. What is...
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08 September 2021 Lara Dong Chengyao Peng Bing Han
For China’s offshore wind projects, failing to connect to the grid by 31 December 2021 means losing the entitlement to the national renewable...
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08 September 2021 Yelena Shliomenzon Benjamin Morel
Over the past two years there has been renewed international momentum and drive for an intensified policy response to climate change.
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08 September 2021 Rashika Gupta, Ph.D. Ashish Singla
The first Cross-Border Electricity Trade (CBET) commenced on the power exchange through the Day-ahead Market (DAM) between India and Nepal during...
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07 September 2021 Alexander Macgregor
The New Zealand government has produced a bill which may amend the main upstream framework law. Read on for details and insights.
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03 September 2021 Alejandra León
Development of Colombia’s basins in the Caribbean offshore offers a dual opportunity: to deliver new gas volumes to meet burgeoning domestic...
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03 September 2021
The Indian Government, through its upstream regulator the Directorate General of Hydrocarbons (DGH), launched the third bidding round under the...
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02 September 2021 Ashish Singla Allen Wang
Over the past few years, the impact of variability and uncertainty in net generation is being felt in many power systems globally. Particularly...
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02 September 2021 Yanyu He, Ph.D Charles Kim
Another round of environmental regulations will force changes to the global LPG shipping sector.
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02 September 2021 Zhi Xin Chong PRATIM BHATTACHARJEE
Bangladesh southern and central region, which currently has around 16.5 GW of under-construction and planned gas-fired capacity is expected to...
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31 August 2021
What's the role of US shale in the upstream outlook? Raoul LeBlanc shares in this video.
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31 August 2021 Jason Keely
The full throttle M&A market in 2021 has swept over the Australasian LNG-focused E&Ps in recent weeks, as the group seeks to add scale and depth...
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25 August 2021 Rob Smith
The US retail fuel sector has seen a pattern of consolidation over the past several years, but none to the scale of 7-Eleven’s recent acquisition...
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23 August 2021 Sam Hanna Kareem Yakub Claudia Pessagno
Even as the oil and gas sector positions itself for the transition to a lower carbon future, oil and gas production is still expected to play...
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18 August 2021
Nearing energy transition makes higher refinery petrochemicals integration a key evolution strategy for NOCs in Asia & Middle East...
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17 August 2021 Yiyan Cao Lara Dong
On 22 June 2021, Guangdong kicked off its first round of renewable bilateral transactions. Specifically, 10,480 MWh was sold from four renewable...
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11 August 2021 Pamela Cordova
Being part of the energy transition has become an integral part of drilling contractors’ strategies in recent years. International drilling contractors...
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11 August 2021 Jason Sheridan
Shipments of solar PV trackers continued annual growth of 40% despite a global pandemic in 2020, as tracker products become increasingly accepted...
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09 August 2021 Siqi He
The global PV inverter market is expected to grow strongly over the next five years despite short term headwinds such as higher semiconductor...
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06 August 2021 Choon Gek Khoo Cecillia Zheng
Southeast Asia (SEA) has been actively decarbonize the region’s energy mix, with coal power projects being phased out steadily. In the second...
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03 August 2021 Alessandro Bacci
Over the past decade Egypt has held various licensing rounds, which have usually been successful in awarding a good number of blocks, and it...
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28 July 2021 Susan Farrell
A global sense of urgency around the impacts of climate change reflects the record-breaking series of disasters around the world over the past...
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26 July 2021 Choon Gek Khoo Cecillia Zheng
Southeast Asia (SEA) region has huge solar potential as it is located near the equator. Meanwhile, the coastal areas in the region have considerable...
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23 July 2021
Integration between refineries and petrochemicals can help the industry adapt to decreasing demand for refined products.
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23 July 2021 Rivers Jack
There has been a resurgence in exploration and appraisal drilling since the beginning of 2021.
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23 July 2021 Xiao Lu
On 16 July 2021, China’s national carbon market or emission trading scheme (ETS) started trading at the Shanghai Environment and Energy Exchange....
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22 July 2021 Nick Waters Josh Holland Emike Akwiwu
If enacted, the Petroleum Industry Bill (PIB) will revamp Nigeria’s hydrocarbon regulations and institutions, and set its investment terms for...
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22 July 2021
Central European Petroleum Ltd operates the Wolin block in the western part of the Polish sector of the Baltic Sea
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21 July 2021 Dr. Piotr Gawenda
Baltic Shale LLC is progressing with the project to extract hydrocarbons, primarily oil, from the Lower Paleozoic reservoirs in the onshore sector...
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19 July 2021 Fernando Covas Adrian Calcaneo
LPG is an important fuel in Latin America, but reliance on imports has governments seeking greater price stability.
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19 July 2021 Roderick Bruce Ismini Katsimpardi Cat Hunter, Msc, MA
Eni and BP are examining possible upstream joint ventures in Angola and Algeria. The proposed JVs highlight efforts by international oil companies...
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15 July 2021
Southeast Asia forecast to install 27 GW of PV capacity from 2021 to 2025
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14 July 2021 Pritesh Patel Frank Larsen Ding Li Ang
The push toward a lower-carbon economy is decades in the making and has become a global effort.
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13 July 2021 Yufei Su Wade Shafer Barclay Gibbs
Researchers at IHS Markit conducted an analysis of the California Independent System Operator (CAISO) power market under various future climate...
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09 July 2021 Kaori Tachibana
On 14 May, 2021 the Ministry of Economy, Trade and Industry (METI) issued a warning that Japan may face further power supply shortages during...
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09 July 2021 Xiao Lu
In 2016, Taiwan set a target for gas-fired generation to reach 50% by 2025 to phase out nuclear and reduce coal-fired power. New capacity—both...
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05 July 2021
London-based operator Tower Resources plc is seeking for a partner in its shallow water Thali permit.
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02 July 2021 Joo Yeow Lee
In June 2021, Malaysia’s Minister of Energy and Natural Resources presented Malaysia’s energy transition plan until 2040 at the ASEAN Minister...
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30 June 2021 Nikolay Filchev
In view of recent pipeline restrictions, Appalachian natural gas prices could really deteriorate later this summer as cooling loads diminish...
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29 June 2021 Ashish Singla
After the successful launch of Green Term-Ahead Market (GTAM) in August 2020, India is gearing up to launch Green Day Ahead market (GDAM) — a...
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29 June 2021 Daniel Berkove
Uganda National Oil Company CEO Proscovia Nabbanja joins IHS Markit Senior Advisor Daniel Berkove to discuss Uganda’s journey from its first...
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25 June 2021 Xiao Lu Jenny Nguyen Yang
In mid-May 2021, Guangdong started to experience a power supply crunch that led to power rationing in the industrial sector. This was the result...
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25 June 2021 Ankita Chauhan
On 4th June 2021, India’s Ministry of Power released a discussion paper for redesigning the renewable energy certificates (REC) mechanism. REC...
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24 June 2021 Alex Wyer
Despite the disappointing result of the recent 35/11-25 S (Apodida) well, the Troll-Fram area has still provided Equinor with four successful...
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23 June 2021 Tianshi Huang Paulina Mirenkova Anna Galtsova
Accounting for about half of total imports and a quarter of total supply, pipeline imports play a vital role in maintaining China’s gas supply...
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23 June 2021 Kevin Birn Celina Hwang
By the end of 2020 oil sands output was able to exceed pre-pandemic production highs, and it is expected to continue to grow as operators look...
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21 June 2021 Sam Wilkinson Megan Jenkins
Following the announcement of China’s carbon neutrality goals, subsequent policies are accelerating the pace of China’s energy transition. The...
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21 June 2021 David Vaucher
The effects over the past 18 months of the global pandemic have been unprecedented for anyone alive to experience it. Thanks to the deployment...
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15 June 2021 Sara Giordano Kevin Birn Cathy Crawford
There is growing pressure on the oil and gas sector—from extraction to end use—to articulate plans to be resilient through the energy transition....
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14 June 2021 Vince Heo
The renewable energy market in South Korea is at last on a firm path to solid growth. The capacity additions of solar PV reached a record high...
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14 June 2021 Mariam Al-Shamma
Despite higher oil and gas prices in 2021, major Gulf producers face sustained energy transition pressures.
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14 June 2021 Keryn Tsimitakopoulos Justin Cochrane Ismini Katsimpardi Enrico Pedica Cyril Ruchonnet Chris Ellis
In this article we will look at five essentially pure play listed companies with assets onshore within basins that play host to Permian aged...
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14 June 2021 Jenny Nguyen Yang
In May 2021, China’s National Development and Reform Commission issued the “Notice on the Action Plan for Deepening Reform on Pricing Mechanisms...
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11 June 2021 IHS Markit Energy Expert
Wind energy has enjoyed significant success over the past decades due to its ability to produce clean energy, but questions remain regarding...
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11 June 2021 Mohd. Sahil Ali
India’s flagship scheme Faster Adoption and Manufacturing of Electric (and Hybrid) Vehicles (FAME) II was announced in April 2019 with 10 times...
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10 June 2021 Ian Archer
After the Canada Energy Regulator (CER) in February denied requests to extend TC Energy’s temporary service protocol (TSP), which was conceived...
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09 June 2021 Wolfgang Moehler Ankita Vijay
IHS Markit recently released the 2021 Fast Transition Case for natural gas, which demonstrates a pathway to achieve a net zero carbon economy...
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09 June 2021 Veeral Mehta
The Rockies region is now the swing supplier of ethane in the United States, ramping production up or down as demand and prices change.
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09 June 2021 IHS Markit Energy Expert
A new study shows how green hydrogen can lead to a “Win, win” for South African employment and for the government’s decarbonization goals.
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08 June 2021 Ankita Chauhan
Indian corporations are increasingly looking for options to reduce their carbon footprint by procuring green energy. These attempts are largely...
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04 June 2021 Patrick Luckow
IHS Markit’s upcoming 2021 Fast Transition Case demonstrates a pathway to achieve carbon neutrality in the power sector within the next two decades...
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04 June 2021 Vince Heo Shan Xue Logan Reese Kaori Tachibana Joo Yeow Lee Ankita Chauhan
In many Asia Pacific markets, corporate renewable procurement is still at its infancy, but the outlook is now changing as more companies are...
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04 June 2021 Paola Perez Pena Edurne Zoco, Ph.D.
Blog: Large-scale carbon capture, utilization and storage projects will need to at least double every five years in order to meet net-zero goals...
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03 June 2021 Renata Machado Kareem Yakub
Although the world is still grappling with COVID-19 and its consequences on economies and societies, there are indications that increasing demand...
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01 June 2021 Holly Hu Edurne Zoco, Ph.D.
Despite the COVID-19 pandemic, the solar PV industry had another record year with 142 GW of installations. On the manufacturing side, there was...
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28 May 2021 Rebekah Bostan Natznet Tesfay Daniel Berkove Anna Shpitsberg
The countries of Sub-Saharan Africa have a more complicated set of priorities when it comes to considering the energy transition.
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26 May 2021 Holly Hu
2021 will be a key year in the development of the solar PV market in China. It is the first year of the 14th five-year plan, the first calendar...
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20 May 2021 Roderick Bruce
A push by the Tanzanian government to reinvigorate a stalled LNG export project led by Equinor and Shell must overcome longstanding uncertainties...
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19 May 2021 Shan Xue Allen Wang
Taiwan was just hit by a widespread power outage on 13 May. Two coal-fired power units and two gas-fired power units of the Hsinta power plant...
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19 May 2021
Within the next 24 months, Africa will play host to several High Impact Wells, one of which will be located within the Levantine Basin offshore...
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17 May 2021
The African upstream sector is under increasing pressure as investors focus on core locations and lower carbon short cycle opportunities
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13 May 2021 Prasun Chaudhury Debnil Chowdhury
The May 7th, 2021 cyberattack on the Colonial Pipeline system impacted the gasoline supply for consumers as well as commercial operations such...
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12 May 2021 Alexander Macgregor
The Australian government accepted it would have to cover the decommissioning of the Northern Endeavour FPSO in December 2020.
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11 May 2021 David Vaucher
Last year served as the “pivot point” about which operators took tangible steps not only to decarbonize their legacy energy portfolios, but also...
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07 May 2021 Martina Assereto
The success of solar in terms of how quickly the technology has been adopted and installed in large volumes is now beginning to become a challenge....
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07 May 2021 Bill Rawlusyk
Potential impacts to regional propane production in eastern Canada and the Upper Midwest and Northeast parts of the United States could be substantial...
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07 May 2021 Susan Bell Aaron Brady
Bakken and western Canadian crude oil producers will bear the cost of Line 5’s shutdown, while US Midwest and eastern Canadian refiners could...
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06 May 2021 Julian Jansen
Whitepaper: Technology innovation underpins the growing role of energy storage in a lower emission and more reliable energy system
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06 May 2021 Indrayuth Mukherjee
In 2020, well over 200 GW of wind and solar PV capacity was added globally, further reinforcing the importance of renewables in the global power...
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06 May 2021 Indrayuth Mukherjee
In 2020, IHS Markit tracked wind turbine orders totaling 48.4 GW from 23 vendors globally. This 22% contraction in orders compared to 2019 was...
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03 May 2021 Samantha Bobo Woodworth
Wind energy, both onshore and offshore, saw a significant development boom in 2020 with nearly 100 GW of additional capacity installed worldwide...
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30 April 2021 Jenny Nguyen Yang
In March 2021, China announced the first of its 14th Five-Year Plans (FYPs)—the Outline of the 14th FYP (2021–25) for National Economic and Social...
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30 April 2021 Yanyu He, Ph.D Vivek Prakash Chaudhary
Development of new import and distribution infrastructure on India’s East coast will help extend access to LPG to every household.
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30 April 2021 Teo Yun Yun
For decades, most international offshore contractors have built their fleets by taking on financing to acquire rigs or order them from scratch....
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30 April 2021 Suzanne Edwards Matthew Piatek
The latest challenge to beset the Mountain Valley Pipeline (MVP) project came in March when the Virginia Department of Environmental Quality...
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30 April 2021
Over the next few years Africa will play host to several High Impact Wells, all of which if positive have the potential to shift the E&P...
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29 April 2021
On 26 April 2021 , Delek Drilling LP announced that they had entered a non-binding memorandum of understanding (MOU) with Mubadala Petroleum...
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27 April 2021 Robert Mullen
Optimizing data interoperability through alignment with the OSDU™ Technical Standard
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27 April 2021 Justin Cochrane
Africa will play host to around 7 High Impact Wells within the next 12 - 18 months, three of which will be within the Orange Sub-basin - one...
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26 April 2021 Julian Jansen
Whitepaper: Capitalizing on the growth of battery energy storage in North America
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23 April 2021 Josefin Berg
Solar PV Deployment in Europe Enters New Era of Growth
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22 April 2021 Cecillia Zheng
On 22 February 2021, Vietnam’s Ministry of Industry and Trade (MOIT) released the third revision of the draft power development plan (draft PDP8)...
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20 April 2021 Xizhou Zhou Vince Heo
In the latest quarterly release of the IHS Markit Clean Power Additions Ranking (CPAR) for Asia Pacific, renewables have further accelerated...
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20 April 2021 Choon Gek Khoo Cecillia Zheng
It has been nearly a year since the COVID-19 pandemic crashed Southeast Asian (SEA) power market. Unfortunately, the market has yet to revive...
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16 April 2021 Wade Shafer
On 31 March 2021, the Biden administration detailed the core components of its $2 trillion American Jobs Plan, which seeks to put the United...
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14 April 2021 Silvia Macri Eva Renon David Li
The policy directions for China’s 14th Five-Year Plan (FYP: 2021–25), approved in March 2021, indicate a partial reversal in the country’s approach...
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13 April 2021 Rob Smith
An update on IHS Markit's short-term outlook for refinery profitability.
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11 April 2021 Logan Reese Ankita Chauhan
In the first quarter of 2021, 23 new insight papers have been published in the IHS Markit Asia Pacific Integrated service, apart from the regular...
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09 April 2021 Laurent Ruseckas Coralie Laurencin
The European Union has targeted to reach net-zero emissions by 2050. For European industry, which has had relatively stable emissions over the...
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08 April 2021 Rajiv Biswas Logan Reese Hannah Cotillon Asees Bajaj
The federal government’s energy policy sets out objectives to provide a reliable, secure, and affordable energy supply while meeting international...
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08 April 2021 Keefer Douglas
Improvements in import and distribution infrastructure are driving LPG demand growth in Kenya and the surrounding region.
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01 April 2021 Logan Reese
The rapid uptake in solar photovoltaic (PV) capacity in Australia’s National Electricity Market (NEM) has created financial challenges for utility-scale...
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01 April 2021 Yeng Ying Lee Nicholas Yew
This document describes the challenges and opportunities in electrifying the transportation sector in Asia. Motorbikes in these markets consume...
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31 March 2021 Rajeev Lala Rachel Calvert Nick Sharma Asees Bajaj Antonio Dimabuyu
IHS Markit Upstream colleagues recently published our annual paper that bring forth our perspectives on the top issues facing the Upstream sector....
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31 March 2021 Joo Yeow Lee Allen Wang
Vietnam’s Ministry of Industry and Trade issued the draft of the eighth power development plan (draft PDP VIII) in February 2021, illustrating...
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30 March 2021 Alessandro Bacci
To attract international investors to its petroleum sector, Sudan may need to improve its hydrocarbon legal and fiscal framework, which dates...
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29 March 2021 Fernanda Machado
In this quick video, we talk about the natural gas supply in Trinidad and Tobago and how we envision the challenges the country will have to...
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29 March 2021 Maria Chea
Despite the supply and demand challenges that PV faced in 2020, the US solar market had its largest installation year to date. Over 22 GWdc of...
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29 March 2021 Suzanne Edwards Nikolay Filchev
Natural gas has long had a captive market in Florida’s power sector – marked by dependence on a handful of highly utilized pipeline systems running...
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25 March 2021 Zhi Xin Chong Huyen Trang Vu
Project sponsors fashion different business models to mitigate project risks and obtain financing. In India, pipeline connectivity has been a...
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24 March 2021 David Vaucher
Read more to find our projections on North American E&P capex spending in 2021.
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24 March 2021 Roderick Bruce
West African hydrocarbon producers Cameroon, Equatorial Guinea, Gabon and the Republic of the Congo face mounting challenges related to political...
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23 March 2021 Spencer Welch Karine Boccara Giacomo BOATI
Oil refiners across the world are facing tough decisions – whether to Reduce capacity, Repurpose the refinery or Reinvent themselves.
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22 March 2021 Chris Sheehan
The COVID-19 global pandemic led to historical lows in deal activity in 2020 but upstream M&A deal flow has begun to rebound. this early-stage...
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18 March 2021 Veeral Mehta
Faced with growing gas production and a need to recover more ethane, parts of the US are looking to ethane as a fuel for power generation.
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18 March 2021 Josh Holland
After years of consideration and several failed attempts, Nigeria may finally overhaul its oil sector legal framework in 2021 – potentially within...
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16 March 2021 Aliaksandr Chyzh
The US administration of President Joe Biden is conducting an overhaul of hydrocarbon policies and regulations, which is likely to result in...
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12 March 2021 Yufei Su Douglas Giuffre Barclay Gibbs
Severe winter weather led to the near collapse of the power grid in the Electric Reliability Council of Texas (ERCOT) region in mid-February...
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11 March 2021 Veeral Mehta
The Northern Border gas pipeline in North Dakota has proposed a gas gross heating value upper limit that will have significant impacts on the...
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09 March 2021 Warren Waite
After two record years in 2019 and 2020, US lower-48 gas-fired power generation is expected to retreat in 2021 owing to higher natural gas prices...
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09 March 2021 Shan Xue
After several years of regulation amendment, Taiwan’s first renewables indirect supply transaction was fulfilled in 2020, signifying the establishment...
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09 March 2021 Lara Dong
On 5 March 2020, Chinese Premier Li Keqiang delivered his annual “State of the Nation” address, formally known as the Government Work Report...
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08 March 2021 Xiao Lu
Inadequate gas storage and increasingly pronounced demand seasonality have led to a chronic problem of winter gas supply constraint for China....
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04 March 2021 Etienne Gabel
As 2021 begins, IHS Markit considers five key trends that could profoundly define global power and renewable markets this year.
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03 March 2021 Rob Smith
Global refined product demand—after holding steady for several months—is beginning to recover once again, and yet the refining industry is still...
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03 March 2021 Rashika Gupta, Ph.D. Deeksha Wason Ankita Chauhan
Renewables continue to benefit from a range of drivers for further cost reduction, including adoption of best practices, and maturing global...
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01 March 2021 Megan Jenkins
During December 2020 and January 2021, Chinese domestic wholesale LNG prices shot up to levels unseen since the winter of 2017/18, then owing...
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01 March 2021 Vasu Goyal Rashika Gupta, Ph.D. Ashish Singla Ankita Chauhan Abhishek Rakshit
The socio-economic impact of COVID-19 considerably affected energy markets during 2020. Negative electricity demand, lower utilization of coal-fired...
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25 February 2021
The Renewable Fuel Standard (RFS) has succeeded at boosting US demand for biofuels, yet the program has reached a crossroads, where proponents...
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25 February 2021 Miguel De Jesus
Whitepaper: Higher Voltage Standards Help Reduce LCOE for PV Systems
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24 February 2021 Matthew Piatek
The end of the pipeline expansion era will require US Northeast natural gas production to be more responsive to storage limits, takeaway capacity...
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24 February 2021 Vijay Muralidharan Jim Burkhard
Neural networks offer the capability to gather, analyze, and learn from large amounts of information, adressing a key issue with human intelligence...
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24 February 2021 Robert Chambers
The Rencong-1X High Impact Well (HIW) is located in the Andaman III Contract Area, in the deepwater portion of the North Sumatra Basin, offshore...
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23 February 2021 Michael Marinovic Mariam Al-Shamma Lysle Brinker David Vaucher
E&P and service-sector players are increasingly challenged to attract investors due to their financial performance, concerns about price...
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23 February 2021 Judson Jacobs Carolyn Seto
The upstream oil and gas sector is under increasing pressure from capital constraints, a stressed supply chain, and scrutiny on greenhouse gas...
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23 February 2021 Yanyu He, Ph.D Sen Yang Minmin Hu
Mainland China continues to rapidly expand its petrochemical industry, and many new plants use imported LPG as feedstock
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23 February 2021 Rashika Gupta, Ph.D. Ashish Singla
In July 2020, the Ministry of Power (MoP) approved the introduction of electricity forward contracts and derivatives market in India. The reform...
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23 February 2021 Lara Dong Bing Han
On 10 February 2021, National Energy Administration (NEA) released drafted renewable power consumption targets during 2021-30, following China’s...
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22 February 2021 Lara Dong
Entering 2021, the Asia Pacific (APAC) Power and Renewables research team looked across the regional markets and summarized the key questions...
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22 February 2021 Algena Lee
There are currently 695 offshore wind projects worldwide, according to IHS Markit’s Petrodata Fieldsbase. Asia-Pacific (APAC) hosts 46% of global...
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22 February 2021
An update on North American Midstream Operations following winter storm Uri.
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22 February 2021
Precisiones sobre la situación de importación de gas natural a México desde Texas
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19 February 2021 Michael Pickens
Dual extremes drive ERCOT blackouts
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19 February 2021 Susan Bell Debnil Chowdhury
Most Gulf Coast refineries are shutdown or at reduced rates and large portions of the waterborne export terminals, rail, and pipeline infrastructure...
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19 February 2021
Record LNG feed gas demand, courtesy of a strong Asian pull on LNG cargoes, has supported US natural gas demand this winter as above-normal temperatures...
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18 February 2021 David Crisostomo Daniel Rodriguez
La crisis de importaciones a México de gas natural: IHS Markit
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18 February 2021 Rajat Joshi
The refining industry is at the cusp of transition due to the severe jolt given by COVID-19 pandemic.
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11 February 2021 Yanyu He, Ph.D Keefer Douglas Fernando Covas
Ethane is emerging as a globally traded commodity, and trade is likely to expand as US oil and gas production growth resumes.
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11 February 2021 James Lawton
The agreement to sell a 20% stake of BP’s participating interest in Oman’s Block 61 to Thailand’s PTT Exploration and Production Public Company...
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11 February 2021 Timothy Stephure Marcela Rosas Etienne Gabel Emanuel Simon David Crisostomo
In this video, the IHS Markit Latin America team discusses some fundamental questions about what may lie ahead for the year 2021—a year that...
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11 February 2021 Pablo Giorgi
With an increased focus on climate change concerns and sustainability, shifting consumer habits will impact the refining industry in an unprecedented...
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10 February 2021 Julian Jansen
The energy storage industry continues to rapidly expand, creating opportunities for new entrants and incumbents alike. As the market grows, many...
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09 February 2021 David Gates Cat Hunter, Msc, MA
Assessments of the energy future are increasingly dominated by the twin uncertainties of government climate initiatives and the speed of the...
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09 February 2021 Kurt Barrow
Technology and innovation have long been critical success factors for energy, chemical, and agricultural companies. Besides the pandemic, no...
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08 February 2021 Thea Fourie Silvia Macri Roderick Bruce Rebekah Bostan Natznet Tesfay Daniel Berkove
Africa has so far avoided the worst health impacts of the COVID-19 pandemic, but its economy and energy sector have been hit hard. The region...
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05 February 2021 Zhi Xin Chong Jenny Nguyen Yang
As 2021 begins, we look at the 10 “big questions” facing the Asia Pacific (APAC) natural gas market. These questions reflect the key issues that...
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04 February 2021 Xizhou Zhou
We have launched our Clean Power Additions Ranking (CPAR) for Asia Pacific, comprising two difference indices: one focused on nonhydro renewables...
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03 February 2021 Kevin Birn Celina Hwang Bill Rawlusyk
Meeting oil sands diluent demand has become a large business in the western Canadian oil market and has a unique set of fundamentals.
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03 February 2021 Joo Yeow Lee
As 2021 begins, IHS Markit looks at the renewable markets and highlights the most pertinent issues for the sector in the Asia Pacific region....
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28 January 2021 Mariam AlShamma David Gates
The expectation of a modest recovery for oil and gas markets in 2021 is good news for E&P investors and governments of hydrocarbon-producing...
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26 January 2021 Justin Cochrane Enrico Pedica
Reconnaissance Energy Africa Ltd (TSX-V: RECO) (ReconAfrica) recently spudded the 6-2 exploratory well within the Namibian portion of the Owambo...
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25 January 2021 Jeff Meyer Aaron Brady
2020 was a tumultuous year for oil markets, and energy markets more generally. What comes next? The precise contours of the post COVID-19 era...
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22 January 2021 Choon Gek Khoo Cecillia Zheng Allen Wang
COVID-19 has not slowed down the energy transition in Southeast Asia
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21 January 2021 Keefer Douglas
The South African LPG market is poised to boost to demand growth following pricing reform and additions to import infrastructure.
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20 January 2021 Ha Nguyen
2021 will be a critical year of transition for the Latin American oil industry as the region grapples with the tumultuous events of 2020.
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20 January 2021 Rivers Jack
Exploration is continuing throughout the globe with several key wells planned for 2021.
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19 January 2021 Tianshi Huang
Crossing the river by touching the stones: New framework to promote fuel-cell electric vehicles in China
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12 January 2021 David Vaucher
The latest IHS Markit North Sea Industry Trends report states that North Sea operators and service companies specifically were already reeling...
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07 January 2021
Guyana is one of the hottest areas for oil and gas exploration and production not just in Latin America, but around the world. In this quick...
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05 January 2021 IHS Markit Energy Expert
Q4 2020 Power and Renewables Research Highlights
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04 January 2021 Nathan Amery
What should you do to maximize ROI from your digital transformation initiative? Read our step-by-step guide
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30 December 2020 Francesco d'Avack
Today there are 6.1GW of Concentrating Solar Power (CSP) plants operating, with a further 1.2GW under construction or in advanced development....
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22 December 2020 Etienne Gabel
On 3 November, Chile’s Ministry of Energy presented a “National Strategy for Green Hydrogen for Chile” with three main objectives: have 5 GW...
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16 December 2020 Leanne Todd Ali Sangster
A paradigm shift is occurring in the energy industry, as the weakening economy and current market slowdown continues to air uncertainty. Lower...
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16 December 2020 Martina Assereto
PV project acquisition activity in Europe remains heated
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16 December 2020 George Hilton
As huge quantities of electric vehicle (EV) chargers and energy storage are installed worldwide in the coming years, there is the possibility...
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16 December 2020 Tom Scott Kevin Lindemer Juan Sacoto
The traditional refinery and biofuels sectors are at a point of convergence - one caused by falling demand for petroleum fuels, driven by decarbonization...
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15 December 2020 Lara Dong Bing Han
China’s Updated 2030 Climate Targets
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14 December 2020 Craig Hunter
With the double whammy of a pandemic and low oil prices, marine seismic is going through one of its worst slumps, with a large portion of the...
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04 December 2020 Zoe Grainge
Despite cautious positions on the energy transition adopted by certain governments in the region, the potential for growth in renewable power...
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04 December 2020 Sam Wilkinson Miguel De Jesus
Whitepaper: Grid stability - How PV inverters can help overcome challenges in the 21st century
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03 December 2020 Xiao Lu Jenny Nguyen Yang
Despite a slight delay, Chinese national pipeline company—China Oil and Gas Pipeline Network Corporation (PipeChina)—officially started operation...
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02 December 2020 Oliver Forsyth
When people discuss electricity markets, they commonly refer to the wholesale energy markets. This may include day-ahead energy markets – where...
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01 December 2020 Michael Marinovic
The outbreak of the COVID-19 pandemic and subsequent decline in oil prices has wreaked havoc on E&P investment. How will host governments...
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01 December 2020 Rebekah Bostan Anna Shpitsberg
The Luiperd discovery in October 2020 has led to a two-fold increase in South African gas reserves and is likely to be the second largest global...
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27 November 2020 Sergey Myakishev
On Sunday 22 November, the Supreme Petroleum Council (SPC) of Abu Dhabi announced a notable upgrade in the emirate's hydrocarbon resources –...
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25 November 2020 Coralie Laurencin
Europe is stepping up its 2030 climate target – what does this mean?
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21 November 2020 Sam Huntington Oliver Forsyth
Battery energy storage systems (BESS) are on the cusp of rapid growth in US wholesale power markets. But the unique operating characteristics...
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20 November 2020 Maria Chea
Since the election of President Andrés Manuel Lopez Obrador at the end of 2018, the renewable energy market in the country has experienced an...
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19 November 2020 Etienne Gabel
Many large and primarily European oil and gas (O&G) companies—including Shell, BP, and Total—have significant expansion plans for renewable energies...
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19 November 2020 Aliaksandr Chyzh
The North Sea basin is emerging as a global hotspot for carbon capture and storage (CCS) development on the back of strong policy momentum.
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16 November 2020 Yuejia Peng Steven Knell, Ph.D.
Carbon pricing mechanisms—emissions trading systems (ETSs) and carbon taxes—continue to increase globally, with a number of countries having...
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12 November 2020 Rebekah Bostan Nick Waters
Africa’s upstream hydrocarbon sector is at a crucial turning point, with reserve additions from final investment decisions (FIDs) and project...
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11 November 2020
In recent years, many US utilities have begun to follow a “shift to safety” strategy by rapidly shifting shares of capital spending away from...
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10 November 2020 Dalia Garduno
Amidst the uncertainties surrounding the oil price downturn and global production rollback due to the COVID-19 pandemic, the Mexican ministry...
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06 November 2020 Isaac Nuti George Laguros Fernanda Machado
The state of Alaska is facing a difficult decision, with reduced oil prices and oil production negatively impacting revenue for local government....
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28 October 2020 Rajat Joshi
Non-fuel sales were the sole bright point for retailers amid lackluster fuel retail sales
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27 October 2020 Thomas Maslin Josef Benzaoui Emma Xie He Anna Shpitsberg
Procurement of solar and wind projects by corporations is on the rise globally. However, the United States continues to be the largest market...
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26 October 2020 Patrick Luckow
The Democratic presidential nominee has put forth a far-reaching US decarbonization plan, seeking to eliminate emissions from the power sector...
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23 October 2020 Sarah McLean
After the global offshore rig market was sent reeling in March, with the double hit of an oil price crash and a global pandemic to work around...
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22 October 2020 Choon Gek Khoo Cecillia Zheng
Entering the third quarter of 2020, the Southeast Asia region power market is being tested once more by a second wave of COVID-19. Although easing...
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16 October 2020 Kaori Tachibana James Taverner
One key theme of the 9th annual LNG Producer-Consumer Conference—held by Japan’s Ministry of Economy, Trade and Industry (METI) and the Asia...
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15 October 2020 Josefin Berg
At IHS Markit, we have gone through the annual exercise of ranking solar phovoltaic EPC providers in the previous year, noting a new wave of...
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13 October 2020 Natalia Kazakova
Secrets to Surviving in Volatility: Planning for success in 2021 and Beyond to Thrive in New Upstream World
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08 October 2020 George Hilton
As huge quantities of both EV chargers and energy storage will be installed across the world in the coming years, IHS Markit has investigated...
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07 October 2020 Raul Timponi Elsa Kiener Anna Shpitsberg
According to the Egyptian energy regulator, EgyptERA, the steepest declines happened in March and April 2020, when the average daily peak and...
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07 October 2020 Ankita Chauhan
India’s ambitious target of 450 GW of renewable capacity by 2030 will require the country to adapt its power system to the increasing variability...
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02 October 2020 IHS Markit Energy Expert
Status of global wind turbine orders, rolling blackouts return to California’s power markets, evolution of the NEM: Navigating Australia’s renewable...
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01 October 2020 James Simpson Dr. Christoph Berg
Infographic: Assessing biofuel policies and their impact on global markets
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29 September 2020 Matthew Palmer Jack Weixel Anusha de Silva
Natural gas prices could continue to struggle early in the 2020/21 winter heating season, but IHS Markit sees a strong rebound in 2021, according...
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25 September 2020 Xizhou Zhou Jenny Nguyen Yang
In a recent announcement to the United Nations, Chinese President Xi Jinping committed China to a carbon-neutral future, to be achieved by 2060....
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22 September 2020 Rajesh Joshi
Gain a better understanding of the factors that continue to influence the increase of propane exports from the United States to China.
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21 September 2020 IHS Markit Energy Expert
In the last two months, the spot natural gas price at the Henry Hub has shot up by nearly 42%, and futures prices have gained even more sharply—and...
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18 September 2020 Silvia Macri Raul Timponi
Small-scale customers in residential and commercial segments, as well as industrial consumers and municipalities, are exerting pressure on South...
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17 September 2020 Maria Jose Chea
As COVID-19 continues to cast a cloud on industries around the world, the utility scale PV segment in the United states has continued to grow...
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16 September 2020 Drew Bobesink Barclay Gibbs
How does a case with deep decarbonization alter the performance outlook for various power sector technologies? Using our North American Power...
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16 September 2020 Dr. Christoph Berg
The climate change debate is leading to an increased interest in renewable fuels. COVID-19 has not changed that. All around the world, governments...
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16 September 2020
Exciting Changes to IHS Markit’s North American Coal Market Service
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15 September 2020 Sam Huntington Duncan Anderson Barclay Gibbs
When evaluating potential project sites early in the development cycle, energy storage developers are faced with a difficult question: how to...
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11 September 2020 Kevin Birn Cathy Crawford Carolyn Seto
Understanding methane's role in GHG emissions
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11 September 2020 Stephanie Rivera Ha Nguyen
Never in the history of the industry has output from a former major producing country fallen so low
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10 September 2020 Deeksha Wason
Pakistan’s National Transmission and Dispatch Company (NTDC) released the Draft Indicative Generation and Capacity Expansion Plan 2047, within...
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09 September 2020 Drew Bobesink Barclay Gibbs
There are striking differences across regions in how the captured price of solar generators reacts to increasing battery penetrations.
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08 September 2020
Between 2018-2019, utilization rates at the Malaysia LNG (MLNG) complex have fallen to between 80-90%, a decrease from the high utilization rate...
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08 September 2020 Guneet Kaur Dhingra Andrei Utkin
Nearly 1GW worth of new additions was commissioned last year to reach a total global installed base of 15.4GW by the end of 2019, around 5% of...
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07 September 2020 Sandeep Sayal Louise Vertz
As markets begin to find a new balance, refiners will be tasked with not just redesigning production profiles in the medium term, but weighing...
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03 September 2020 Ying Ting Lew Joo Yeow Lee
Southeast Asia is a very attractive market for renewable energy, owing to its rich renewable resources and surging energy consumption.
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02 September 2020 Siqi He Edurne Zoco, Ph.D.
Chinese polysilicon price has risen by 65% from a historically low level in June 2020.There are three factors that explain this dramatic surge...
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01 September 2020 Shan Xue Logan Reese
Coal-fired power has been the core power supply in Australia’s National Energy Market (NEM) in terms of both installed capacity and generation....
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27 August 2020 Indrayuth Mukherjee
IHS Markit tracked 62.5 GW of new wind installations in 2019, 22% higher than the year before. While over 90% of this was in onshore, the offshore...
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25 August 2020 Wade Shafer
Rolling blackouts returned to the California Independent System Operator (CAISO) on Friday, 14 August, for the first time since the 2001 energy...
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25 August 2020 Renata Machado Marcos Lepore
As soon as the crisis hit the Mexican oil market, a reaction was expected from Pemex, the country's main operator. As companies around the world...
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24 August 2020 Paul Markwell Nick Thomson Lysle Brinker Jim Burkhard
The projected price recovery paints a cautiously positive picture of the upstream industry
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24 August 2020 Etienne Gabel
Shifts in power demand patterns due to the COVID-19 crisis, combined with the growing penetration of intermittent and distributed generation...
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21 August 2020 Rebekah Bostan Ismini Katsimpardi
In July 2020 reports in the press indicated that ENI plans to divest operated assets in Congo. ENI is not the only company to have announced...
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20 August 2020 IHS Markit Energy Expert
Impact of COVID-19 on Refining and Refiners
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17 August 2020 Warren Waite Nikolay Filchev Matthew Piatek
More and more natural gas pipeline projects in North American are being shelved and the future for big projects seems less promising.
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14 August 2020 Miguel De Jesus
The module level power electronics (MLPE) market is currently dominated by two suppliers, Enphase and SolarEdge. Enphase innovated in this space...
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13 August 2020 Martina Assereto
Ireland’s first renewable energy auction saw nearly 1300 MW of successful projects of which almost 800 MW was accounted for by solar, according...
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12 August 2020 Simon Blakey Shankari Srinivasan Catherine Robinson
A new European Commission communication proposes an EU hydrogen strategy. Together with five recently announced national strategies and a strong...
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10 August 2020 Oliver Forsyth
As renewable penetration increases, transmission and distribution (T&D) infrastructure will require significant reinforcement. Battery...
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10 August 2020 IHS Markit Energy Expert
Our experts explore cost trends for offshore Gulf of Mexico and onshore unconventional in the lower 48 and Canada, in relation to the energy...
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07 August 2020 IHS Markit Energy Expert
Global gas experts Michael Stoppard and Ed Kelly discuss recent gas infrastructure deals
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07 August 2020 Raj Rajendran
Saudi Aramco is likely to cut its September official selling price (OSP) to refiners in Asia, a first since May
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06 August 2020 Cinnamon Edralin, BA
The global offshore rig market once again finds itself in a downturn. However, given the short, slow recovery that was underway before March...
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06 August 2020 Robert Chambers
An overview of how coronavirus (COVID-19) and the oil price crash has impacted the future supply of feedstock gas into some of Western Australia’s...
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04 August 2020 Walt Hart, P.E. Keefer Douglas Darryl Rogers
The US has become by far the largest producer of ethane in the world – as well as the only significant waterborne exporter of the product. However...
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29 July 2020 IHS Markit Energy Expert
The recent announcement of a $5 billion all-stock deal between Chevron and Noble Energy has some industry players wondering if this is the signal...
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28 July 2020 Kevin Birn Celina Hwang
The COVID-19 demand and price collapse has reduced Canadian oil sands production outlook to 2030 to the lowest point in the past half-decade...
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