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US retail power prices have surged 13% since 2022, outpacing the Consumer Price Index (CPI) and driving higher costs for consumers. While many have pointed to rising demand from data centers as the culprit for the increase, Rystad Energy’s analysis shows that data centers have yet to significantly influence power prices in the current terms. Our research points to the full price impact of data centers emerging closer to 2030, driven by the completion of a wave of data center infrastructure and more centers coming online. Rystad predicts that…
Global satellite-detected methane emissions from the onshore upstream oil and gas sector ticked up late last year and into the first quarter of 2025, reversing a steady decline since 2020. Rystad Energy analysis, supported by satellite detection, highlights stark regional differences: China’s emissions surged nearly one-third year on year, while the US recorded a smaller rise of 4%. Russia, on the other hand, posted a 5% drop in the first quarter, largely due to the ongoing Russia-Ukraine conflict leading to lower production volumes. Detected…
The U.S. federal government this week declared sanctions on two of the largest Russian crude oil exporters, Rosneft and Lukoil, which together account for about half of the country’s total outflows. Oil prices jumped, traders got excited—then prices fell. But the supply security of some major importers just got problematic. Russia exports around 4 million barrels of crude oil daily. Some of the major producers have already been sanctioned earlier – Gazprom Neft, for example, and Surgutneftegaz. Rosneft and Lukoil are also the…
In an inflammatory social media post, U.S. President Donald Trump accused Colombia’s first-ever leftwing President Gustavo Petro of colluding with drug traffickers, calling him “an illegal drug leader”. Trump, in an increasingly hardline stance, called for the cessation of U.S. aid and imposition of further steep tariffs on Colombia. He even went as far as threatening military strikes if narcotics trafficking does not end. This is testing the historically close alliance between the United States and Colombia, which is Latin America’s…
With the renewable energy sector growing rapidly on a global scale, as many governments pursue a green transition, the need to recycle more components has become evident. Finding innovative ways to recycle renewable energy equipment could help significantly cut costs and reduce waste, further supporting the sector’s green ambitions. There is great potential for a range of components to be reused and recycled, from solar panels to wind turbines and electric vehicle (EV) batteries. However, greater research and investment must be contributed…
