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Challenging China: US battery sector ramps up
A wave of public and private investment is supercharging the USA’s battery storage sector, but questions remain over how quickly American producers can close the gap with China’s global dominance.
Rystad: US shale growth at risk as prices slump and policy bites
Rystad Energy expects onshore Lower-48 production to fall short of the record high output of 11.37 million barrels per day (bpd) of oil, achieved in November 2023, until at least June of this year. However, this outlook faces serious downside pressure should the recent price downturn hold, forcing operators to cut back on rig activity.