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.
    Some of the world’s leading nations, such as Canada and Brazil, are intent on fully developing their oil and gas production.
    Others, such as China, are focused on purchasing interests in foreign reserves and expertise.
    Advanced 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. In addition, there is a greater focus than ever before on the impact of energy production and consumption on the environment.
    Certain nations, particularly those in the EU, have very ambitious goals to reduce consumption of fossil fuels.
    Worldwide, investment in the development and implementation of clean or renewable energy technologies, as well as energy conservation, 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 of advanced-technology nuclear generating plants that are exponentially safer than older models; to the use of more cost-effective renewable technologies based on solar, wind and wave


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