Forecast
News
June 18, 2024
Improvements in drilling and fracking techniques amid a wave of corporate takeovers will drive the expansion and more than offset recent reductions in rig deployments, analysts at the the London-based bank wrote in a note titled ‘Underestimate U.S. shale at your peril.’
News
May 02, 2024
The offshore energy industry is taking a significant step toward understanding and protecting endangered seabirds with the launch of the Offshore Nesting Bird Census.
News
April 14, 2024
In its first forecast for 2025, the Paris-based IEA predicted demand growth of 1.1 MMbpd in 2025. It also trimmed its estimate for this year’s expansion in consumption by 130,000 bpd to 1.2 MMbpd. The agency’s growth estimate is below the 1.9 MMbpd predicted by world’s largest independent oil trader, Vitol Group, and about 1 MMbpd less than the increase foreseen by OPEC.
Webcast
Oil & Gas Forecast 2024
February 15, 2024
Energy Workforce & Technology Council
Now in its 98th year, the World Oil Forecast is one of the upstream oil and gas industry's most trusted sources of projections and data relating to global E&P activity. Utilizing data collected from proprietary surveys of governments and operators in the U.S. and worldwide, this definitive industry report includes projections for spending and activity, worldwide drilling and production, and an analysis of political factors impacting the U.S. and international oil and gas industry. Now, more than ever this information will help market leaders make decisions relating to their businesses.
