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 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.
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.
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.
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.
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.
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.
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.
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’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...
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...
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.
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.
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.
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...
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...
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.
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.
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 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.
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...
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).
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.
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 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.