IHS Markit

IHS Markit report says LNG imports to Europe would be sufficient to overcome shutoff of Russia gas flows through Ukraine

February 7, 2022

World Oil Supplies of Russian gas to Europe via Ukraine have already fallen—and been replaced by LNG imports—to such a degree that shutting off the remaining gas that is still flowing through Ukraine would have a relatively limited additional impact on European supply, according to a new report by IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions.

U.S. domination in energy should not change post-election, top energy guru predicts

October 8, 2020

CNBC The U.S. could remain the world’s largest oil producer in five years, no matter who wins the election, and oil demand should come back strong after Covid-19. Dan Yergin, vice chairman of IHS Markit, explores these and other topics in a discussion with CNBC. Yergin, a Pulitzer Prize-winning author recently released a new book on the world of energy: “The

How Important is the American Shale Renaissance to the World?

July 5, 2018

This is what happens when you turn the private sector loose to innovate, develop new technologies and improve efficiency Some interesting testimony came out of last week’s House of Representatives Energy & Commerce Committee hearing. The intention of the committee hearing was to update Congress on “The Shifting Geopolitics of Oil and Gas,” as the hearing title made clear. This

Oil Production in the Permian Will Double From 2017-2023 – IHS

June 13, 2018

EIA forecasts 11.8 MMBOPD for total U.S. oil production in 2019 A new IHS Markit outlook released today expects the Permian Basin’s crude oil production to more than double its 2017 record of 2.5 MMb/d to 5.4 MMb/d by 2023. This level of production would elevate the U.S. to a power exporter status that rivals Saudi Arabia, with total U.S.

Permian Basin Production Breaks 44-Year Record: IHS

December 27, 2017

Permian production will push U.S. to new record liquids production by end of 2018 – IHS Markit IHS Markit released a new report today. IHS Markit said that the Permian Basin reached a new 2017 oil-production record of 815 million barrels – this does not include the remaining days left in 2017. The old 1973 record held at 790 million

Challenges for Western Canada Heavy Oil Point to Continued Export to U.S. Gulf Coast

November 28, 2017

IHS Markit has released a new study called, “A New Look: Extracting Value from the Canadian Oil Sands.” The report presents a post-oil price collapse update to a 2013 analysis on the economics of processing heavy oil in Alberta and other select jurisdictions. Bitumen-related problems: too heavy for pipelines Bitumen is the extra-heavy oil found in the oil sands. Making