Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Sign in to the product or service center of your choice.
As the energy industry enters crossroads, the dynamics between challengers and incumbents are effecting major changes to markets. The United States have emerged as a critical oil and gas producer, but the Middle East and Russia remain the most important producing regions. Renewables and storage technologies are advancing rapidly, yet fossil fuels will likely be the most dominant energy sources. As the United States retreats from the Paris climate treaty, China – willingly or unwillingly – is thrust to the fore of the clean energy movement. What factors will impact how the old and the new interact in the world of energy? Where are the balancing points? How will supply and demand respond to the changes brought by these new dynamics?
Oil prices today remain at relatively low levels despite repeated efforts by producers to limit supply. As costs continue to evolve, the outlook for a price recovery is also becoming more uncertain. Meanwhile, the global LNG market appears to head towards oversupply as well, sending spot prices to historic lows. What is the timeline for global oil and gas markets to rebalance? When will incremental demand catch up with supply capacity growth? How will costs and prices interact during this period of uncertain market fundamentals? How will geopolitics add complexities along the road to recovery?
As more Chinese companies join the Belt & Road Initiative (BRI) and explore energy opportunities abroad, it is increasingly important to find the best opportunities while recognizing major risks. From upstream oil and gas, to refining and chemicals as well as power and renewables, there is significant infrastructure needs along the BRI routes across the oceans and the Eurasia continent. How will geopolitics and security impact long-term energy projects? What are the differences in legal and fiscal terms in different countries? Which local and foreign companies are already investing in a particular country and how successful are they?
During this period of rapid change, energy companies are adjusting their strategies. Traditional fossil energy companies are increasingly re-examining their capabilities and portfolios and considering the impact from new energy. What should companies do in the face of increasingly volatile commodity prices? How should oil and gas companies consider the threats and opportunities brought by new technologies? What are the best strategies for gas and power companies outside their traditional utility space?