29 June 2022 Warren Waite Nikolay Filchev Matthew Piatek
On 8 June 2022, the Freeport LNG export facility on Quintana Island in Brazoria Co., Texas, suffered a leak in the pipe racks, which support...

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Customer Logins29 June 2022 Warren Waite Nikolay Filchev Matthew Piatek
On 8 June 2022, the Freeport LNG export facility on Quintana Island in Brazoria Co., Texas, suffered a leak in the pipe racks, which support...
28 June 2022 Rama Zakaria Etienne Gabel
In this video, a dynamic chart shows part of the analysis that S&P Global Commodity Insights conducted to identify the most attractive markets...
28 June 2022 Erik Meyer Analene Enslin
The Gazania-1 new-field wildcat is targeting the up-dip extension of the proven 1988 Soeker oil-bearing A-J 1 discovery, located within the Orange...
27 June 2022 Sara El-Hakim Matthew Palmer Ian Archer
Henry Hub cash prices soared to $9.50/MMBtu (a nearly 14-year high) earlier this month, after which they tumbled 20%, to $7.34/MMBtu on 17 June....
24 June 2022 Susan D Bell Debnil Chowdhury
Despite President Biden’s call on US refiners and the federal government to pull out all the stops to rescue US citizens from the high cost of...
24 June 2022 Rita Antonelli
A more integrated offshore energy sector, with closer links between oil and gas and offshore renewables is vital to accelerate the energy transition....
24 June 2022 Zayd Wahab
The S&P Global Upstream 1st quarter 2022 CAPEX and OPEX Cost indices increased across the board, with costs expected to rise to over 8% by...
23 June 2022 Logan Reese Kaori Tachibana Joo Yeow Lee
Australia, Japan, and Singapore are the few markets within Asia Pacific that have achieved full liberalization of their power markets. With the...
23 June 2022 Benjamin Levitt
In May, Québec’s energy regulator approved a greenhouse gas (GHG) emissions reduction program jointly proposed by Hydro-Québec and Énergir —the...
22 June 2022 Keryn Tsimitakopoulos
The upstream potential of the Orange Subbasin offshore southern Namibia finally has been demonstrated after many decades of disappointment for...
20 June 2022 Paola Perez Pena
Steel and cement emit the most industrial carbon dioxide
17 June 2022 David Crisostomo Alan Bravo
The recent natural gas price increase in the United States is inevitably spreading to Mexico’s gas and power markets. A lower-than-expected supply...
17 June 2022 Padmanav Sahoo Kallol Saha
The upstream competitive landscape in Brazil has significantly shifted where the regionally focused independents and private equity-backed E&P...
16 June 2022 Rama Zakaria
The following provides a brief overview of selected reports in the Global Power and Renewables service from May 2022.
16 June 2022 Terence Khoo Rachel Calvert Aliaksandr Chyzh
Hydrocarbon producers seek to advance low-carbon projects through incentive schemes for upstream players.
16 June 2022 Alessandro Bacci
In February 2022, Iraq’s Federal Supreme Court (FSC) issued a decision in relation to Case 59/Federal/2012 and Unified 110/Federal/2019.
16 June 2022 Laurent Ruseckas
Russia’s technical regulator reduced the operational capacity of the Nord Stream pipeline by 60% on 16 June.
15 June 2022 Xizhou Zhou
Southeast Asia’s emerging economies have averaged 5% annual GDP growth over the past decade, while electric power demand outpaced the economy...
15 June 2022 Philippe Mauron Etienne Kolly Cyril Ruchonnet Alessandro Piccoli
As of mid-year 2022, Tullow Oil and Capricorn Energy were about forming a new Africa-focused energy company.
14 June 2022 Zoe Grainge
German energy policy is never far from the headlines, but since the invasion of Ukraine in February 2022 the government has made two important...
08 June 2022 Roderick Bruce
Following two offshore discoveries that have uncovered billions of barrels of hydrocarbon resources, Namibia’s government is focusing on value...
06 June 2022 Ravin Singh Rahul Dev Chauhan
Commercial analysis overview on the key contract areas which were offered under DSF-III
06 June 2022 Chris DeLucia
Amid the current market environment, a key question has emerged around how existing conditions could alter low-carbon spending plans of upstream...
01 June 2022 Hong Shien Lee
Following the latest bid round in November 2021, the Special Task Force for Upstream Oil and Gas Business Activities Republic of Indonesia, SKK...
01 June 2022 Lara Dong Jenny Nguyen Yang Fenglei Shi
The Omicron outbreak in China since the beginning of 2022 has led to stringent restriction measures that severely disrupted economic activities...
31 May 2022 Maria Lupachik Erik Meyer
Sao Tome and Principe has a chance to become a new oil producer in case of positive results of the recently spudded Jaca-1 new-field wildcat...
30 May 2022 Roderick Bruce
Tanzania’s re-engagement with foreign investors could produce a landmark agreement for LNG, and better terms for new E&P.
27 May 2022 Marcos Lepore Gabriela Paes Carlos Rocha
Lessons learned and impacts of the new local content law approved in Guyana.
25 May 2022 Pedro Martinez Kareem Yakub Ford Tanner Claudia Pessagno
Amid geopolitical and energy-market volatility, Latin America stands out as a resilient upstream investment destination.
20 May 2022 Emilio Intrieri
Thailand's Ministry of Energy announced on 7 April 2022 the 24th Thailand Petroleum Bidding Round, with three offshore blocks made available....
18 May 2022 Rama Zakaria
Russia-Ukraine implications and the energy transition
16 May 2022 Philip Ortiz-Bukowski Aliaksandr Chyzh
A favorable above-ground environment for E&P has underpinned Norway’s relative international attractiveness despite market...
13 May 2022 Frank Larsen
Equipment suppliers sizing the rapidly expanding CCUS market as visible projects to 2031 estimated to have 314 MMt/y of CO2 captured or injected/stored....
13 May 2022 Kevin Birn Jordan Woloschuk Cathy Crawford Bill Rawlusyk
&P Global recently completed a life-cycle analysis for emissions for propane produced from Montney gas production. The report is available...
11 May 2022 Choon Gek Khoo Cecillia Zheng
The Southeast Asia (SEA) region has ambitious goals to achieve net-zero emissions between 2050 and 2065. It surely will require great efforts...
11 May 2022 Yun Yun Teo
The last two years has seen the world turned upside down by the pandemic and the climate crisis, and this turbulent period has made it increasingly...
10 May 2022 Hedi Grati
Core oil and gas flows remain unsanctioned in the European Union, although calls for an oil embargo sound louder by the day, and the European...
10 May 2022 Choon Gek Khoo Cecillia Zheng
IHS Markit published Southeast Asia (SEA) power and renewable market briefing for the first quarter of 2022 (Q1-2022). As usual, it discussed...
09 May 2022 Reed Olmstead Prescott Roach Narmadha Navaneethan Imre Kugler
Capital discipline and low storage have created a nearly unprecedented scenario for high gas prices, but hedging mutes the windfall.
09 May 2022 Mariam Al-Shamma David Gates Cat Hunter
The Russia-Ukraine crisis has served to reset the global geopolitical compass, with far-reaching implications for upstream investment conditions....
04 May 2022 Rod Hutton
Optimism is making a comeback among North Sea drilling contractors, according to the April edition of S&P Global’s North Sea Rig Report
03 May 2022 Paola Perez Pena Edurne Zoco, Ph.D.
Costs for every component of the carbon capture, usage, and storage (CCUS) value chain vary greatly across industries and regions based on the...
28 April 2022 Suzanne Edwards
A decades-long drought in the Western United States reached new levels of severity in 2021, and current water metrics indicate the 22-year drought...
27 April 2022 Tasnika Goorhoo
Looking back at the past five years in the oil and gas market and subsequently the offshore supply vessel (OSV) market, there have been distinct...
27 April 2022
Compare prospects, peers, operators and countries to transform the unknown to known.
26 April 2022 Benjamin Morel
Some mature petroleum jurisdictions may be on the cusp of turning old liabilities into new opportunities in pursuit of their energy transition...
26 April 2022 Reed Olmstead Prescott Roach Narmadha Navaneethan Imre Kugler
Russia’s unprovoked invasion of Ukraine has forced the world to realize the fragility of energy supply and the geopolitical risks of overreliance...
25 April 2022 Rama Zakaria
As the Russia-Ukraine conflict continues to rage, global energy markets are witnessing unprecedented volatilities, with the power and renewables...
25 April 2022 Xiaonan Feng
On 24 January 2022, the State Council issued the Comprehensive Work Plan on Energy Conservation and Emissions Mitigation in the 14th Five-Year-Plan...
25 April 2022 Vince Heo Logan Reese Kaori Tachibana
IHS Markit Climate and Sustainability is pleased to bring you the OECD Asia Power and Renewables Market Briefing covering the first quarter 2022...
21 April 2022 Rama Zakaria
Key trends, Europe’s focus on Russia-Ukraine crisis, and clean energy investments
20 April 2022 Logan Reese
In November 2019, the federal government released the National Hydrogen Strategy, which has since solidified as the foundation for the development...
19 April 2022 Silvia Macri Raul Timponi Andy Barrett
The successful commercialization on March 24th of the Emirates Nuclear Energy Corporation’s (ENEC’s) second reactor raises online capacity to...
15 April 2022 Zhi Xin Chong Johan Utama
Each markets in Southeast Asia has a different gas market price structure and responded differently.
13 April 2022 Jenny Nguyen Yang Megan Jenkins Lara Dong
On 22 March 2022, China released the 14th Five-Year Plan (FYP) for the energy sector, covering development plan through 2025.
12 April 2022 Josefin Berg
2021 was another record year for solar PV generation additions globally. 2022 is set to be an even stronger year with 32% year-on-year growth....
11 April 2022 Gyöngyvér Jennifer Fischer Eric Schmid
In March 2022, Sonatrach made the second hydrocarbon discovery in the Liassic play of the Benoud Trough with the drilling of the Ouled Sidi Cheikh...
11 April 2022 David Vaucher
The lifting of COVID-19 restrictions, increasing oil prices, and recent geopolitical events have all effected North American E&P...
07 April 2022 Lara Dong Choon Kiat William Chia Bing Han
The National Energy Administration (NEA) announced that China’s offshore wind annual installations soared to 16.9 GW in 2021, accounting for...
07 April 2022 Logan Reese Ankita Chauhan
In the first quarter of 2022, 20 new insight papers have been published in the IHS Markit Asia Pacific Integrated service, apart from the regular...
07 April 2022
POR estimates the number and size of the missing prospects globally and includes them in a commercial evaluation and ranking process.
05 April 2022 William Plampton
With the hydrocarbon industry being acutely aware of the need for carbon capture and storage (CCS) in a bid to lower carbon emissions and achieving...
05 April 2022 Yelena Shliomenzon
With dramatic cost reductions, advances in technology, favorable policies, and ever-increasing national targets, offshore wind gross capacity...
05 April 2022 Laszlo Maio Jennifer Tschopp Erika Baldessin
Considering the high renewable energy potential in Africa, green hydrogen represents a great opportunity to develop energy and economy sectors...
04 April 2022 Megan Jenkins
On 23 March 2022, China released the first national-level development plan for the hydrogen industry (the Plan), underscoring the importance...
01 April 2022 Carol Zu
The possibility of a supply disruption to Russian oil owing to the Russian-Ukraine crisis has caused a physical and financial shock to the global...
31 March 2022 Cody Schulte
Petroleum exploration successes in Guyana have taken on a new dimension with the recent hydrocarbon discovery at the Kawa 1 new-field wildcat...
31 March 2022 Stephen Jew
Unprecedented crude prices and widening product cracks are expected to result in demand destruction of about 1.0 MMb/d (major refined products...
30 March 2022 Christopher Sheehan
How forced change will accelerate seismic shifts in future upstream acquisition and divestiture strategies.
30 March 2022 Etienne Kolly
As of early 2022, four Russian oil companies were present in different onshore and offshore locations in several African markets.
29 March 2022 Catherine Robinson Alun Davies
Many supply and demand levers are possible to reduce Russian gas supply to Europe in 2022. However, not all of them can transpire at the same...
28 March 2022 Toby Burrough Raoul LeBlanc Camilo Rodriguez
Artificial Intelligence (AI) predictive models work to help engineers in Upstream E&P gain actionable insights from complex models......
28 March 2022 Toby Burrough Raoul LeBlanc Camilo Rodriguez
As oil and gas (O&G) companies continue towards investing in digital technologies to drive business value, it’s clear...
25 March 2022 Terrell Benke Gautam Sudhakar
The European Commission and the United States released a joint statement on European Energy Security about how the US and international partners...
25 March 2022 Alessandro Bacci
An analysis of the new hydrocarbon law aimed at increasing investment in the sector, specifically the investment protections available to foreign...
24 March 2022 Yiyan Cao Megan Jenkins
On 21 December 2021, China’s National Energy Administration (NEA) published a draft update to the Measures for Administration of Ancillary Services...
23 March 2022 Rama Zakaria
The following provides a brief overview of selected reports in the Global Power and Renewables service from February 2022.
22 March 2022 Jim Burkhard
Will the Russian oil exports volumes fall or be redirected elsewhere?
21 March 2022 Francesco d'Avack Edurne Zoco, Ph.D.
Spending in low carbon power will surpass $530 billion in 2030 with a total $4.4 trillion cumulative spending between now and the end of the...
21 March 2022 Beatriz Serrano-Suarez
TotalEnergies announced a light oil and gas discovery in the Venus-1X new-field wildcat offshore Namibia, in the Orange sub-basin
16 March 2022 Karl Lindstrom Hedi Grati Aaron Brady
The bans on Russian oil will lead to supply disruptions in Europe. In January, 750,000 b/d of Russian crude oil was supplied through the Druzhba...
14 March 2022
The divestment of refineries will continue with the fuel demand decline and growing sensitivity towards carbon intensity.
08 March 2022 Rama Zakaria Etienne Gabel Benjamin Levitt
As 2022 begins, our Global Power and Renewables team considers six key trends that we believe will define global power and renewable markets....
08 March 2022 Joo Yeow Lee Allen Wang
Singapore was the first Southeast Asian country to introduce a carbon tax, back in 2018. The carbon price was initially set to S$5/metric ton...
07 March 2022
Importance of and how to determine fair valuation with POR (for M&A targets, farm-out...
04 March 2022 Jeff Nitto Francesco d'Avack Amy Groeschel
Our new Energy Sector Capex Spending report tracks all energy sector investments, including power transmission and distribution
03 March 2022 Thomas Grieder Karl Lindstrom Julien Zigliani
The Russia-Ukraine crisis will cause many European countries to look urgently for new gas supply sources amidst increased risk of increased interruption...
01 March 2022 Anastasia Polymeni
The renewed interest in the Bjornoyrenna Fault Complex, SW Barents Sea is marked by the two exploration wells, Snofonn North and Skavl Sto, that...
28 February 2022 Zoe Grainge
National 2030 climate and energy targets across Europe are being re-worked as the decade progresses.
28 February 2022 Hugh Ewan
TotalEnergies announced that the stakeholders of Uganda’s highly anticipated Lake Albert Development had taken the final investment decision...
25 February 2022 Lara Dong Jenny Nguyen Yang
As 2022 begins, our China Climate and Sustainability team looked at the regional energy market and summarized the key questions that will shape...
25 February 2022
Renewables are already the cheapest source of new power generation in most markets across the world. Cost declines due to technology evolutions...
21 February 2022 Jenny Nguyen Yang Anna Galtsova
On 4 February 2022, Gazprom and China National Petroleum Corporation (CNPC) signed a new gas pipeline supply agreement for 10 Bcm/y when Russian...
18 February 2022 Roger Diwan Raoul LeBlanc Michael Marinovic Ian Conway Bob Fryklund
The Energy Transition is underway in earnest; but, as COP26 demonstrated, the pace of change and willingness of stakeholders to act on decarbonization...
17 February 2022
Global PV Installations continue to grow with China (mainland) leading the charge. The utility scale market remains the dominant segment with...
17 February 2022 Jim Burkhard Bhushan Bahree Aaron Brady
If the oil supply deficit—in place since mid-2020—continues, so will upward pressure on oil prices.
15 February 2022 Rama Zakaria
The following provides a brief overview of selected reports in the Global Power and Renewables service from January 2022.
11 February 2022 Sylvain Cognet-Dauphin Coralie Laurencin Alun Davies
The dynamics of Europe’s energy market have shifted considerably over the past year.
11 February 2022 Reed Olmstead Imre Kugler
Infrastructure constraints and capital discipline are expected to cap the Marcellus in the near-term
10 February 2022 Veeral Mehta Prasanna Rao Fernando Covas
Processed gas is now forecast to grow to 24.65 Bcf/d by 2026.Such an expected increase in processed gas will need a total of 5.2 Bcf/d of additional...
09 February 2022 Vince Heo Logan Reese Kaori Tachibana
As 2022 begins, we look at five big questions facing the power markets in OECD Asia: Australia, Japan, and South Korea. We expect these questions...
04 February 2022 Maria Lupachik Erik Meyer Chris Ellis
Eni has stepped up exploration activities in the Lamu Basin in Kenya with the Mlima-1 well
03 February 2022 Reed Olmstead Prescott Roach Narmadha Navaneethan Imre Kugler
Key highlights from the Q1 2022 oil supply outlook
03 February 2022 Michael Pickens
The Electric Reliability Council of Texas (ERCOT) forecasts electricity demand could reach a new winter record on Friday, 4 February 2022. The...
02 February 2022 Zhi Xin Chong Logan Reese Jenny Nguyen Yang
With the start of 2022, IHS Markit considers the 10 “big questions” on the Asia Pacific natural gas market.
01 February 2022 Choon Gek Khoo Cecillia Zheng
In the fourth quarter of 2021, the power demand slowly rebounded in ASEAN, owing to the reorientation strategy to “live with COVID-19”. In addition...
01 February 2022 Jessica Goh
Trends in the engineering and construction markets in 2021 and the effect on buyers’ bargaining power and supply chain strategy.
31 January 2022 Kevin Birn
Early indications from advancing IHS Markit analysis point towards ongoing GHG intensity reductions eventually overtaking a slowing oil sands...
28 January 2022 Ashish Singla
In early October 2021, the Central Electricity Regulatory Commission (CERC) approved the petitions filed by the Indian Energy Exchange (IEX)...
27 January 2022 Matheus Varanda
As FPSOs in Brazil reach new levels in terms of production capacity and topside weight, a new approach in procurement and construction emerged....
27 January 2022 Rama Zakaria
The following provides a brief overview of selected reports in the Global Power and Renewables service from December 2021.
26 January 2022 Julia Wainwright Alex Klaessig
In 1869, Leland Stanford completed the transcontinental railroad with a golden spike. The overland route transformed the West, connecting the...
26 January 2022 Logan Reese Ankita Chauhan
Asia Pacific Regional Integrated Service Research Highlights, Q4 2021
25 January 2022 Steve Lewandowski Sandeep Sayal Ricardo Castillo
Refiners have a big challenge to stay competitive. There are key considerations to integrate with petrochemicals.
25 January 2022 Mason Lester
Interconnection queues and study cycles are growing rapidly, challenging the ability of system operators to keep up with new requests.
24 January 2022 Mariam Al-Shamma David Gates
IHS Markit sets out our top 10 above-ground trends that will play a role in determining the destination, project preferences, and scale of upstream...
24 January 2022 Rivers Jack
After an update in drilling in 2021, what will exploration look like in 2022?
21 January 2022 Conway Irwin
Carbon capture, utilization, and storage may prove to be a critical component of the net zero tool kit.
21 January 2022 Benjamin Levitt
As countries transition away from using carbon-intensive energy resources, low-carbon hydrogen is expected to be an important energy source for...
19 January 2022 Keryn Tsimitakopoulos
The Niger Delta Basin constitutes one of the world’s largest Tertiary deltas and most prolific hydrocarbon systems.
18 January 2022 Bob MacKnight
The EU sustainable finance taxonomy adopted in July 2020 provides a framework for sustainable investments to meet the EU’s climate and energy...
18 January 2022 Silvia Macri Roderick Bruce Natznet Tesfay Justin Michael Cochrane Farrah Boularas Daniel Berkove
A review that looks at the progress that was made over the course of the past year, and provides an outlook identifying the complexities and...
13 January 2022 Cristina Tome
South Sudan will experience its most important E&P event since independence in 2011: the first Licensing Round with 14 blocks on offer.
11 January 2022 Joo Yeow Lee
As 2022 begins, IHS Markit looks at the power markets and highlights the most pertinent issues for the sector in Southeast Asia.
11 January 2022 Beatriz Serrano-Suarez
The government of Argentina ended 2021 with encouraging news for the country's deep water exploration.
10 January 2022 Rama Zakaria
As much of the world battled through an energy supply crunch in 2021, a recent IHS Markit report titled “Are we entering an age of increasing...
06 January 2022 Sam Wilkinson
Lithium-ion (Li-ion) battery prices have increased by 10–20% in the later months of 2021, impacted by a wide range of both global and industry-specific...
06 January 2022 IHS Markit Energy Expert
In April 2021, the Brazilian president signed the “New Gas Law,” a milestone in the country’s efforts to promote competition and vertical unbundling....
04 January 2022
The divestment of refineries will continue with the fuel demand decline and growing sensitivity towards carbon intensity.
03 January 2022 Xizhou Zhou Etienne Gabel
The year 2021 saw much of the world undergo an energy supply crunch, with disruptions and record-high prices. It also saw difficulties—and some...
21 December 2021 Mariam Al-Shamma David Gates
In a net zero-future, producer gas fortunes will diverge. Some producers might have a natural advantage due to scale, cost and access to infrastructure....
21 December 2021 Hugh Ewan Erik Meyer
Namibia is again under the spotlight as Shell bank on the highly anticipated Graff-1 to unlock frontier plays in the Orange Sub-basin.
20 December 2021 Shankari Srinivasan Laurent Ruseckas Frederick Ritter Alun Davies
European gas storage levels are likely to enter the 2022 injection season at low levels, even assuming normal winter weather
20 December 2021 Rod Hutton
Northwest Europe’s drilling rig market had a disappointing 2021. However, jackups recovered following the pandemic-related problems of 2020.
17 December 2021 Zaineb Al Assam Elsa Kiener
Iraq’s power system has struggled for decades, with chronic power outages, high losses, and gas supply shortfalls plaguing the power sector and...
17 December 2021 Ismini Katsimpardi Erik Meyer Chris Ellis
TotalEnergies is at it again, and this time it’s Namibia's deepest water exploration well to date.
15 December 2021 David Vaucher
After a difficult 2020, 2021 spend by North America operators benefitted from high oil prices, with different behaviors between public and private...
14 December 2021 Shan Xue Choon Gek Khoo
Mainland China and India are expected to lead Asia’s nuclear power development until 2050. Learn about nuclear power in Asia Pacific and Southeast...
13 December 2021 Jason Sheridan Indrayuth Mukherjee
Steel prices have more than doubled in some regions between 2020 and 2021 on account of severe supply chain disruptions, highlighting the potential...
13 December 2021 Eric Schmid Cyril Ruchonnet
Decarbonizing entire sectors of the economy is one of the key responses to the threat of climate change. In the oil and gas sector, there is...
10 December 2021 Michael Stoppard Matthew Shruhan Matthew Palmer
At a time of extreme stress in gas markets, any mandated disruption to US LNG supply would have a highly destabilizing effect.
10 December 2021
Energy transition will impact the refinery and petrochemical industries in a profound way.
10 December 2021 Jim Burkhard Ha Nguyen
About 3.6 MMb/d of crude oil production won’t will not show up until 2027, or later—and might not at all. This is the volume of oil supply “lost”...
10 December 2021 Cormac Gilligan
IHS Markit forecasts that over 70GW will be shipped in the next five years globally
09 December 2021 Renata Machado Mariana Anjos Carlos Rocha
Petrobras has one of the three largest (if not the largest) carbon capture, utilization, and storage (CCUS) projects in operation around the...
08 December 2021 Joo Yeow Lee Jenny Nguyen Yang Allen Wang
Power generation in Asia Pacific is a key area for exploring the potential use of carbon capture and storage (CCS). In 2020, power generation...
06 December 2021 Judson Jacobs Carolyn Seto
Corporate venture capital investment reaches a new high, and interest in core E&P technologies a new low
03 December 2021 Debnil Chowdhury Aaron Brady
North American crude oil markets short-term outlook
02 December 2021 Prasanna Rao Keefer Douglas Edgar Ang
High gas prices have incentivized Norway to reject more ethane and suspend exports, forcing buyers to find alternative sources.
02 December 2021 Alessandro Bacci
An investment assessment of Algeria’s 2019 hydrocarbons law two years on.
01 December 2021 Nick Waters Erik Meyer Chris Ellis
While some IOC’s are pulling back from exploration, Petronas is pushing forward with a second high impact well within the Gabonese deep waters...
30 November 2021 Benjamin Levitt
Twenty-four states and Washington, DC have established economywide carbon emissions reduction targets through statutory or executive action....
26 November 2021 Vince Heo
One of the key milestones from the COP26 climate summit was the pledge to phase out coal and stop building new projects.
25 November 2021 Xiaonan Feng Lara Dong
China issued top-level guidance on the country’s work to achieve carbon peak and neutrality
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...
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...
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...
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.
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...
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...
16 November 2021 Rob Smith
Multi-billion-dollar green capex spend looms as refining sector reckons with a low-carbon future.
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...
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...
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
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...
10 November 2021 Cristina Tome
What does the state of emergency in Ethiopia mean for the upstream sector?
10 November 2021 Dr. Christoph Berg
The global biodiesel output is forecast to rise sharply in 2022. One of the key questions is how this new demand will be covered on the feedstock...
05 November 2021 Jordan Godwin
In May 2021, the California Air Resources Board (CARB) approved new amendments to the state’s Alternative Diesel Fuel (ADF) regulations. Adopted...
05 November 2021 Aaron Brady
Dampened US supply reactivity is leading the international oil market to a new, higher price band
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...
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...
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...
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...
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...
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.
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...
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...
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....
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...
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...
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...
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...
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...
22 October 2021 Ankita Chauhan
Overseas financing rises with India’s renewable ambition
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
20 October 2021 Alexander Macgregor
Which country has made the faster progress so far in developing its CCS industry, from a regulatory perspective?
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...
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...
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...
08 October 2021 Robert Chambers
PFLNG Tiga: why is it needed
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...
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...
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 &...
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.
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...
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...
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.
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...
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...
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...
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...
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...
20 September 2021
As oil prices rise, is it time for operators to pivot strategies?
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.
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...
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...
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...
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...
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.
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...
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.
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...
03 September 2021
The Indian Government, through its upstream regulator the Directorate General of Hydrocarbons (DGH), launched the third bidding round under the...
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...
02 September 2021 Yanyu He, Ph.D Charles Kim
Another round of environmental regulations will force changes to the global LPG shipping sector.
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...
31 August 2021
What's the role of US shale in the upstream outlook? Raoul LeBlanc shares in this video.
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...
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...
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...
18 August 2021
Nearing energy transition makes higher refinery petrochemicals integration a key evolution strategy for NOCs in Asia & Middle East...
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...
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...
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...
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...
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...
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...
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...
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...
23 July 2021
Integration between refineries and petrochemicals can help the industry adapt to decreasing demand for refined products.
23 July 2021 Rivers Jack
There has been a resurgence in exploration and appraisal drilling since the beginning of 2021.
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....
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...
22 July 2021
Central European Petroleum Ltd operates the Wolin block in the western part of the Polish sector of the Baltic Sea
21 July 2021 Cristina Brooks
Shell affirmed 21 July that it will appeal a May decision by a Dutch court that it must reduce its Scope 3 emissions by more than its current...
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...
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.
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...
15 July 2021
Southeast Asia forecast to install 27 GW of PV capacity from 2021 to 2025
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.
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...
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...
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...
05 July 2021
London-based operator Tower Resources plc is seeking for a partner in its shallow water Thali permit.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
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...
14 June 2021 Mariam Al-Shamma
Despite higher oil and gas prices in 2021, major Gulf producers face sustained energy transition pressures.
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...
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...
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...
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...
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...
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...
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.
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.
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...
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...
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...
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...
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...
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...
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.
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...
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...
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...
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...
17 May 2021
The African upstream sector is under increasing pressure as investors focus on core locations and lower carbon short cycle opportunities
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...
12 May 2021 Alexander Macgregor
The Australian government accepted it would have to cover the decommissioning of the Northern Endeavour FPSO in December 2020.
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...
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....