Tag: IHS
Global solar photovoltaic installations to exceed 100 gigawatts in 2018
Strong demand for solar power in China expected to push total installed capacity to 108 gigawatts Largely driven by an improvement in the outlook in China, global photovoltaic (PV) demand is forecast to reach 108 gigawatts (GW) in 2018, according to IHS Markit. Strong demand from the Chinese market is expected to continue on the […]
New research shows Permian Basin with 60 to 70 billion barrels remaining
Over 70 Permian Basin plays production corrected Energy researchers at IHS Markit have completed the first, three-year phase of a massive Permian Basin research project that models and interprets the giant basin’s key geologic characteristics. It was done to better estimate Permian’s remaining hydrocarbon potential, and initial results indicate the giant basin still holds an […]
Canadian crude oil growth highlights need for new pipelines – IHS Markit
Greater price discounts for Western Canadian crudes would return with increase of crude-by-rail shipping Western Canada may see a supply increase of nearly a million barrels of crude by 2020, putting increasing pressure on an already constrained pipeline system that has struggled with delay in bringing incremental pipeline capacity online, according to a new report by […]
Trudeau will deliver keynote remarks in Houston at CERAWeek 2017
Justin Trudeau is recipient of the CERAWeek Global Energy and Environment Leadership Award Canadian Prime Minister Justin Trudeau, will deliver a keynote address at CERAWeek 2017 by IHS Markit, March 6-10 at the Hilton Americas in Houston. Trudeau will participate in a special plenary dialogue with Daniel Yergin, vice chairman of IHS Markit and conference chair Thursday, […]
E&P companies triple 2017 hedging to 24% of production, hedging income set to plummet
Small US E&P peer group continues to have the most hedging and weakest balance sheets North American E&P companies have more than tripled the hedging protection for their 2017 production since April 2016—with 24 per cent of total 2017 production now hedged, according to new analysis from IHS Markit. “Companies hedge their production to provide a […]
US natural gas production experiences modest recovery in November
November natural gas production rebounds from Oct. lows as regional markets rebalance HOUSTON– Lower 48 US natural gas production rose slightly in Nov., averaging nearly 72.1 billion cubic feet per day in Nov., which reflects an increase of 1.6 per cent (1.1 Bcf/d) above the average in Oct., according to analysis from IHS Markit. The […]
Oil tanker pirates turn to kidnapping, away from hijacking – IHS
Onshore dynamics impact offshore risks in Gulf of Guinea and Southeast Asia Global piracy has shifted away from hijacking and towards kidnapping, according to new analysis released by IHS Markit. “Piracy has changed in the past three years. The number of piracy attacks is decreasing overall, but kidnapping is becoming more common. We are seeing […]
US shale operators with drilled but uncompleted wells to benefit from capital efficiency gains
Drilling all wells at once enables operators to negotiate better rates with service companies, who enjoy benefit of larger projects US oil and gas operators with significant inventories of drilled but uncompleted wells (DUCs) in the major plays will benefit from capital efficiency gains in 2016, according to a new study from IHS. But conversion of these […]
Exxon Mobil Chemical leveraging feedstock advantages to service growth in developing countries
Significant investment for Exxon Mobil Chemical is expansion of its export-based position at Mont Belvieu, Texas Exxon Mobil Chemical, the world’s fourth-largest chemical company, is leveraging its logistics prowess and investing in strategic American export-oriented facilities to ensure its competitiveness in a low oil-price environment, according to a new report from IHS Inc. ExxonMobil Chemical’s product […]
North America natural gas more abundant, cheaper than previously estimated – study
Technology – improved understanding of subsurface geology, 3D seismic, specialized fracking – key to new natural gas plays such as Utica Shale North America’s natural gas resource base is more abundant and lower cost than ever, according to a new assessment by IHS, and the findings show a considerable growth of the low-cost segment of the […]
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