Energy & Utilities, Oil & Gas Industry Market Research

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Energy, Oil & Gas, and Utilities OVERVIEW


       There is a broad, global focus today on energy as an economic, geopolitical and strategic resource.
     In addition, there is an intense interest in the potential environmental consequences of energy production, and a steady push toward adoption of energy conservation technologies and practices.
     Advanced oil and gas production technologies, including 3D seismic, ultra-deep ocean rigs, hydraulic fracturing and directional drilling, have opened up exceptional new levels of oil and gas discovery and production around the world.
     In fact, the application of new technologies has dramatically upset the former balance of power in the energy industry, making North American production much more important while lessening the influence of OPEC.
     Recently, a flood of production released by these technologies has led to a stunning drop in market prices for crude oil and natural gas, much to the financial detriment of the very companies that funded and fostered these technological breakthroughs.
     In addition, there is a greater focus than ever before on the potential impact of energy production and consumption on the environment.
     A large number of nations have very ambitious goals to reduce consumption of fossil fuels.
     Worldwide, investment in the development and implementation of clean or renewable energy sources is a major priority for many governments and industries.
     This emphasis varies widely from nation to nation, ranging from cleaner ways to burn the world's immense stores of coal; to the construction

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