Upstream's role in a delayed transition, Trump's plans for wind and solar, NIZA CO? storage obligations, India's Gas & LNG market, and more.

Taking the strain: How upstream could meet the demands of a delayed energy transition

Barring a radical shift in policy and investment, the world is edging towards a slower-paced energy transition. Our delayed scenario means 5% higher oil and gas demand than our base case – equivalent to a whole new US Permian basin for oil and another Australia for gas.

Can the upstream sector rise to this challenge? This month’s Horizons report, from Fraser McKay and Angus Rodger , tackles five key questions:

1. Where would the additional supply come from?
2. Could the supply chain cope?
3. How much investment would be needed?
4. How would cost inflation affect prices?
5. And can the industry amend its disciplined approach?

Get the answers here.

Ready, steady, store: delivering on the EU’s CO? storage obligation

In June 2024, the European Union’s Net-Zero Industry Act (NZIA) came into force, establishing a 50 Mtpa CO2 injection target within the bloc, to be delivered by Europe's upstream oil and gas producers.

In a recent report, John Ferrier and Anastasia Cooper delved into the specifics of the target and explored what it will mean for Europe’s upstream oil and gas industry. Read on to explore what the NZIA is, the consequences and next steps for key players.

Questions over the Trump administration’s plans for solar and wind

What’s next for US energy policy under President Trump? Ed Crooks breaks down the sweeping executive orders aimed at reshaping America’s energy landscape with a focus on solar and wind power.

Read more in the latest edition of Energy Pulse.

No country for oil men (and women)

How do EU and UK policies threaten energy security and economic growth? Simon Flowers and Malcolm Forbes-Cable break it down:

• Europe is making great progress decarbonising the power sector
• Oil and gas demand are not falling at the pace European policymakers might have envisaged
• European policymakers are beginning to recognise that oil and gas may not be wanted, but they are needed

Get their thoughts in the latest edition of The Edge.

Industrial demand, shrinking production fuel rise in Indian LNG imports

By 2050, India will be the world’s third-largest economy. As the government focuses on upgrading the country’s infrastructure and expanding the manufacturing sector, how India powers its economic growth will be crucial. It is currently the second-largest power market in the Asia-Pacific region after China, with estimated demand of 1,749 TWh in 2023.

As India Energy Week approaches, we delve into the country's LNG market. Click here for the full analysis.