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Energy & Power

Consolidation Looms Large in Growing, Highly Prospective Kurdistan Oil Play, Says IHS
Energy & Power, Energy & Power Media
2/21/12 10:29 am EST

According to a new report from IHS, much of the acreage in the highly prospective Zagros Fold Belt region in Kurdistan, which ranks among the best basins in the world for large oil prospects, has been licensed for exploration and production (E&P), and the area is now entering a period of consolidation. Despite the discovery of seven billion barrels of oil during the past five years, the majority of the known geological structures remain to be drilled, reports IHS in its IHS Herold more...

Former Chairman of the Joint Chiefs, Past and Present Governors Speaking at CERAWeek 2012
CERAWeek 2012, Energy & Power
2/15/12 4:33 am EST

Former Chairman of the Joint Chiefs of Staff, Admiral Mike Mullen, Governors John Hickenlooper (Colorado) and John Kasich (Ohio) and former Governors Haley Barbour (Mississippi) and Bill Richardson (New Mexico) will be among the speakers at the 31st annual IHS Cambridge Energy Research Associates (IHS CERA) executive conference, CERAWeek 2012, The Quest: Energy, Security and the Future of Economic Growth.

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Environmental Sustainability Issues Among Key Topics at CERAWeek 2012
CERAWeek 2012, Energy & Power
2/9/12 11:03 pm EST

Persistent economic concerns, unease over energy security and the question of how to meet energy objectives while addressing environmental concerns have made sustainability one of the key topics for this year’s 31st Annual CERAWeek conference, being held March 5-9 in Houston.

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ExxonMobil CEO, Rex Tillerson to Speak at CERAWeek 2012
CERAWeek 2012, Energy & Power
2/2/12 12:03 am EST

ExxonMobil Chairman and Chief Executive Officer Rex Tillerson will be a keynote speaker at the 31st annual IHS Cambridge Energy Research Associates (IHS CERA) executive conference, CERAWeek 2012, Energy and the Economy: Quest for Growth March 5-9 in Houston.

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IHS Launches IHS Connect, Transforming Delivery of Information and Insight to Oil and Gas Decision Makers
Energy & Power, Energy & Power Media
1/24/12 7:25 am EST

IHS Inc. (NYSE: IHS), the leading global source of information and analysis, announced today the release of IHS Connect™ Oil and Gas, a scalable platform that provides energy upstream decision makers access to IHS integrated energy information and insight through a single user interface. The platform allows customers to optimize the value of their existing IHS subscriptions by providing tools that support their business workflows, making them more effective and efficient.

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Environmental Regulation of Canadian Oil Sands Projects is Similar to Other Operations of Comparable Size and Scope, IHS CERA report says
Energy & Power, Energy & Power Media
1/23/12 1:41 pm EST

The environmental regulatory system for Canadian oil sands is similar in rigor to that of its peers, according to a new case study by IHS CERA. The report assesses the project-level environmental regulatory system for oil sands compared to South Australian Mining and Alaskan mining and oil operations.

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Ukraine Gas Production Has Potential to Attract $10 Billion of Annual Investment in Gas Sector with the Right Policies, IHS CERA report says
Energy & Power, Energy & Power Media
1/18/12 5:58 am EST

Ukrainian gas production has the potential to more than triple to 70 billion cubic meters per annum (Bcma) by 2035 but would require gas sector investment to increase tenfold to some $10 billion per year, according to a new IHS CERA special report.

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CERAWeek 2012 - Energy and the Economy: Quest for Growth
CERAWeek 2012, Energy & Power
12/14/11 11:33 pm EST

The energy industry continues to face increasing risk in the wake of the prolonged “great economic contraction,” but it also has a prime opportunity to play a key role in economic growth, jobs and global security as new technologies unlock energy frontiers and new boundaries in business are drawn.

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Average Crude Oil Price for 2011 Poised to Set 150-Year High, IHS CERA Analysis Says
Energy & Power, Energy & Power Media
12/14/11 4:00 am EST

The annual average oil price of global benchmark Brent crude for 2011 is poised to be the highest (in both real and nominal terms) since 1860, the year after the birth of the modern oil industry in Titusville, Pennsylvania, according to a new IHS Cambridge Energy Research Associates (IHS CERA) analysis. Growing demand amidst supply concerns and rising production costs are sustaining prices at record levels.  more...

Iran Oil Revenues for 2011 Reach All-Time High of More than $100 Billion
Energy & Power, Energy & Power Media
12/13/11 10:21 am EST

Iran’s oil revenues have risen sharply in 2011 and will reach an all-time high of more than $100 billion for the year, according to estimates by IHS Cambridge Energy Research Associates (IHS CERA). The revenue increase—nearly a third higher than 2010—has been the result of high oil prices driven upward in part by increased tensions related to Iran’s defiant pursuit of nuclear technology.   more...

Shale Gas Supports More Than 600,000 American Jobs Today; by 2015, Shale Gas Predicted to Support Nearly 870,000 Jobs and Contribute $118.2 Billion to GDP, IHS Study Finds
Country & Industry Forecasting, Country & Industry Forecasting Media, Economics, Energy & Power
12/5/11 9:01 am EST

The natural gas "shale gale" that has dramatically transformed the outlook for U.S. energy supplies is also having profound economic impacts -- creating jobs, reducing consumer costs of natural gas and electricity, stimulating economic growth and bolstering federal, state and local tax revenue, according to a new IHS Global Insight study. The study found that shale gas production supported more than 600,000 jobs in 2010, a number that is projected to more...

Global Oil and Gas Sector Upstream Capital Spending Surged Nearly 50 Percent in 2010 Says IHS Report
Energy & Power, Energy & Power Media
12/5/11 3:00 am EST

Driven by a huge surge in acquisition activity in the U.S. and Latin America, total global upstream capital spending by 221 oil and gas companies studied increased 47 percent to $558 billion in 2010, according to a report from IHS (NYSE: IHS), the leading global source of information and analysis. This activity represents a record high and a healthy rebound after declining more than 20 percent to $380 billion in 2009.

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IHS: Investment in U.S. High-Voltage Transmission to Top $41 Billion Over the Next Decade
Energy & Power, Energy & Power Media
12/1/11 5:10 am EST

CAMBRIDGE, Mass. (December 1, 2011) – Investment in high-voltage transmission (greater than 345 kilovolts) in the United States is expected to top $41 billion over the next 10 years with more than 40 percent of it being made in just the first three years, according to a major new IHS Emerging Energy Research study.

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IHS Acquires Purvin & Gertz, Inc.
Corporate & Financial, Energy & Power
11/11/11 12:33 am EST

IHS Inc. (NYSE: IHS), the leading global source of information and analysis, today announced it has acquired Purvin & Gertz, Inc., a well-established global advisory and market research firm that provides technical, commercial and strategic advice to international clients in the petroleum refining, natural gas, natural gas liquids, crude oil and petrochemical industries. Financial terms of the acquisition were not disclosed.

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New IHS CERA Report, Sound Energy Policy for Europe: Pragmatic Pathways to a Low-Carbon Economy, identifies pragmatic policy choices to achieve a lower-carbon EU by 2050
Energy & Power, Energy & Power Media
10/5/11 5:27 am EDT

Download the Executive Summary

The new IHS CERA Special Report, Sound Energy Policy for Europe: Pragmatic Pathways to a Low-Carbon Economy highlights critical policy reform needed if the European Union is to be successful in moving toward a competitive low-carbon economy. more...

Testimony: Daniel Yergin Testimony to the Senate Energy and Natural Resources Committee
Energy & Power, Energy & Power Media, Yergin
10/4/11 6:01 am EDT

Senate Energy Committee

Testimony

Dr. Daniel Yergin, Chairman, IHS Cambridge Energy Research Associates

October 4, 2011

I appreciate the opportunity to appear before the Senate Energy Committee for this discussion of what we learned from the Secretary of Energy Advisory Board Subcommittee 90-Day Report on shale gas production.[1]

I am Daniel Yergin, chairman of IHS Cambridge Energy Research Associates. I am the author of a new book, The Quest: Energy, Security, and the Remaking of the Modern more...

Daniel Yergin’s "The Quest" to Debut at #4 on New York Times Bestseller List
Energy & Power, Energy & Power Media, The Quest, Yergin
10/3/11 6:28 am EDT

IHS CERA Chairman Daniel Yergin’s new book, The Quest: Energy, Security and the Remaking of the Modern World,  will debut at number four on the New York Times Bestseller List for nonfiction when the new list is published Sunday, October 9.

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The Quest by Daniel Yergin Released Today
Energy & Power, Energy & Power Media
9/20/11 6:00 am EDT

How our modern energy world developed, how concerns about climate and carbon are changing it, and how different the energy world may be tomorrow is the focus of the new book, The Quest: Energy, Security and the Remaking of the Modern World by IHS CERA chairman, Daniel Yergin, released today by Penguin Press.

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John Hess, Chairman and CEO of Hess Corporation, to Keynote 2011 IHS Herold Pacesetters Energy Conference
Energy & Power, Energy & Power Media
9/16/11 8:20 am EDT

IHS (NYSE: IHS), the leading provider of information and analysis, has announced that John B. Hess, chairman of the board and chief executive officer of Hess Corporation, one of the world’s leading global integrated oil and gas companies, will deliver the keynote address, Tuesday, Sept. 27, 2011 at the 20th Annual IHS Herold Pacesetters Energy Conference. IHS Herold Pacesetters 2011, “The Independents: Delivering Energy through Innovation,” gets underway on Sept. 26 and runs through Sept. more...

IHS Response to Statements by BOEMRE Director Michael Bromwich
Energy & Power, Energy & Power Media
9/15/11 8:47 am EDT

IHS has become aware that earlier today Director Bromwich reiterated criticisms that he first made via a publicly released letter regarding our report, Restarting “the Engine” –Securing American Jobs, Investment and Energy Security.

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Outlook for Oilfield Services a Bright Spot in Otherwise Difficult Economic Picture, Says IHS Special Study
Energy & Power, Energy & Power Media
9/11/11 11:00 pm EDT

Continued strong oil prices, combined with rising exploration and production (E&P) budgets worldwide, are driving robust demand for oilfield services in North American unconventional oil and gas shale plays, as well as in international arenas. In particular, strong demand in Latin America, South America, the Middle East and West Africa is expected to continue through the balance of 2011 and 2012, says a special study from IHS (NYSE: IHS), the leading global source of information and more...

Bio-Based Chemical Building Blocks have Potential to Transform Chemicals Industry, Says IHS Report
Energy & Power
9/8/11 1:00 am EDT

Driven in part by manufacturers seeking to create more sustainable products, bio (plant)-based feedstocks are beginning to challenge the dominance of fossil fuels as starting materials for chemicals, according to a new report from information and analysis provider IHS (NYSE: IHS).

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Consolidation of Small E&P Companies Could Increase, Says IHS
Energy & Power, Energy & Power Media
8/29/11 4:08 am EDT

The uncertainty of future oil prices, combined with falling share prices on both London’s Alternative Investment Market (AIM) Index and the Standard and Poor’s (S&P) Index in the U.S., has made close to 100 small exploration and production (E&P) companies in the U.K. and two dozen large U.S. producers, prime targets for consolidation in order to achieve future funding, reports IHS in its IHS Herold Oil and Gas Perspectives Report.

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Global Wind Turbine Markets Absorb Recession’s Hit, Drivers Emerge for Sustained Long Term Investment
EHS & Sustainability, Energy & Power, Energy & Power Media
8/17/11 10:14 am EDT

Despite the current economic turmoil, the global trend towards greater renewable energy deployment points to a sustained period of wind turbine investment, with  equipment purchases expected to more than double by 2025, according to a new IHS Emerging Energy Research study released by information and analysis provider IHS (NYSE: IHS). 2011 investment levels will fall below their historic 2008 high, but investment will increase from $30 billion in 2010 to more than $68 billion in 2025. more...

IHS Closes Acquisition of Seismic Micro-Technology
Corporate & Financial, Energy & Power
8/11/11 12:03 am EDT

IHS Inc. (NYSE:IHS), the leading global source of information and analysis, today announced it has completed the closing of its acquisition of Seismic Micro-Technology (SMT), a market leader for geoscience software. The acquisition closed for $500 million in cash and is the largest acquisition in IHS history.

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