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The Latest Breaking News from Rystad Energy

1 Energy Transition Stock Set to Thrive Under Trump 2.0

A key component to modernizing the electric grid to meet soaring power demand from AI data centers are transformers. But the industry is being overwhelmed by demand for transformers. The $48 billion market is forecast to reach $67 billion by 2030, says consultancy Rystad Energy. This is great news for…

Barchart

The oil industry is booming. This West Texas small business worries it’s been left behind.

Before the pandemic, Ben Bilbrey worked with some of the largest oil companies. Now he’s waiting for the phone to ring.

The Texas Tribune

Is Andrew Forrest’s energy dream in peril? The future of green hydrogen in Australia explained

Fortescue announced 700 job cuts this week in a bid to remain ‘lean’. So what does it mean for green hydrogen?

The Guardian - AU

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Natural hydrogen: The new gold rush?

Geologists around the world are calling it the "new gold rush". We ask why companies are rushing to capitalise on white or natural hydrogen, with our guest Minh Khoi Le. He is the head of hydrogen research at business intelligence company Rystad Energy. According to the firm, 40 companies were…

France 24

Gas Booming For UN COP29 Host Azerbaijan

Following the UN's COP28 climate talks in oil-fuelled Dubai, the COP29 conference is headed for the historic cradle of oil, Azerbaijan, which is in the midst of a gas boom.

International Business Times

Deadly explosion off Nigeria points to threat posed by aging oil ships around the world

An explosion aboard the Trinity Spirit off the coast of Nigeria last year that killed five workers and left two others unaccounted for stands among the deadliest tragedies on an oil ship or platform in recent years

The Independent UK

World's 'most volatile' energy market

Bayswater and Eraring turbines were offline for maintenance in September.

Newcastle Herald

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Australia nearing record amount of solar panel uptake to beat rising power prices, analysts say

Exclusive: The ongoing strength of rooftop solar installations contrasts with the sharp slowdown in new large-scale solar farms

The Guardian - AU

Jim Cramer Has a Bold Financial Take on the Recent Uprising in Russia

Cramer has another bold financial prediction when it comes to oil prices.

The Street

As oil boom transforms Guyana, a scramble for spoils

Guyana is poised to become the fourth-largest offshore oil producer in the world, placing it ahead of Qatar, the United States, Mexico and Norway

The Independent UK

A California startup is turning greenhouse gas into a plastic alternative that's used by Nike and H&M

Twenty years ago, two entrepreneurs thought of carbon differently—as a possible ingredient in products we use every day.

Fortune

Fact check: are the Tories right that British oil and gas is greener?

The climate minister says new domestic drilling for oil and gas will help the UK reach net zero by 2050. Is he right?

The Guardian - UK

Europe prepares for energy crisis as Russia slashes supplies of natural gas

Europe is struggling to contain an energy crisis that could lead to rolling blackouts, shuttered factories and a deep recession.

France 24

EXPLAINER: Europe struggles with crisis as Russia cuts gas

Europe is struggling to contain an energy crisis as Russia throttles back supplies of natural gas

The Independent UK

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The Independent UK

Europe plan for floating gas terminals raises climate fears

As winter nears, European nations, desperate to replace the natural gas they once bought from Russia, have embraced a short-term fix: A series of roughly 20 floating terminals that would receive liquefied natural gas from other countries and convert it into heating fuel

The Independent UK

Russia burns off ‘$10m of gas a day meant for Europe’ after huge flame seen near Nord Stream pipeline

Blaze at Portovaya plant visible from neighbouring Finland amid fears for climate impact

The Independent UK

Oil price cap could strike Russia's war chest — if enforced

Leaders of the world's biggest developed economies are looking for ways to cut off Russian President Vladimir Putin's oil money, which is helping finance the war against Ukraine

AFP

As Russia cuts gas, coal makes a comeback in Europe

Paris (AFP) - Russia's gas cuts to Europe have prompted a clutch of countries to revert to burning coal, raising concerns as the EU seeks to become climate neutral by 2050.

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The Guardian - UK

Revealed: the ‘carbon bombs’ set to trigger catastrophic climate breakdown

Exclusive: Oil and gas majors are planning scores of vast projects that threaten to shatter the 1.5C climate goal. If governments do not act, these firms will continue to cash in as the world burns

Axios

A lot more U.S. crude may be coming — eventually

Drilling permits jumped in the most prolific U.S. oil basin.

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