Industry Highlights
Jan 26, 2023
A new survey has found that 85% of companies have net-zero strategies, but are failing to incorporate them into daily business operations.
Jan 26, 2023
The risk premium embedded in U.S. natural gas markets has disappeared altogether.
Jan 26, 2023
Rig activity stood out in several regions in 2022 and there is no reason to expect anything different in 2023, Westwood Energy believes.
Jan 26, 2023
Record profits are spurring billions of dollars of share buybacks and dividends, drawing the ire of the public struggling with high energy costs.
Jan 26, 2023
Projects sanctioned under Norway's temporary tax regime will help maintain high NCS production towards 2030 and increase O&G supply to Europe.
Today in Energy
Jan 26, 2023
Natural gas-fired power plants generated 2% of the electricity produced in Pennsylvania in 2001. Over the next 20 years, natural gas-fired generation in the state increased rapidly, reaching 52% in 2021. Natural gas displaced most coal-fired generation, w…
Jan 25, 2023
In our January 2023 Short-Term Energy Outlook, we forecast that crude oil production in the United States will average 12.4 million barrels per day (b/d) in 2023 and 12.8 million b/d in 2024, surpassing the previous record of 12.3 million b/d set in 2019.…
Jan 24, 2023
On December 21, 2022, daily natural gas spot prices at three major trading hubs in the western United States (Pacific Gas & Electric [PG&E] Citygate, Northwest Sumas on the Canada-Washington border, and Malin, Oregon) were higher than $50.00 per million B…
Jan 23, 2023
France has one of the largest nuclear power programs in the world. Nuclear power plants in France generated 361 billion kilowatthours of electricity in 2021, accounting for 68% of the country's annual electricity generation, the highest nuclear generation…
Jan 19, 2023
In our latest Short-Term Energy Outlook, we expect that increased U.S. power generation from new renewables capacity—mostly wind and solar—will reduce generation from both coal-fired and natural gas-fired power plants in 2023 and 2024.
