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IHS Cambridge Energy Research Associates (IHS CERA) is a leading advisor to energy companies, consumers, financial institutions, technology providers and governments. IHS CERA (www.ihscera.com) delivers strategic knowledge and independent analysis on energy markets, geopolitics, industry trends, and strategy. IHS CERA is based in Cambridge, MA, and has offices in Bangkok, Beijing, Calgary, Dubai, Johannesburg, Mexico City, Moscow, Mumbai, Oslo, Paris, Rio de Janeiro, San Francisco, Tokyo and Washington, DC.

> IHS CERA Fact Sheet

 
 

Press Release
Oil Supply Set to Grow Through 2030 with No Peak Evident
Aboveground drivers, not the amount of belowground resources will be crucial factor to flow of supply in the coming decades

CAMBRIDGE, Mass. (November 17, 2009) – Global oil productive capacity will grow though 2030 with no evidence of a peak of supply before that time, according to a new report by IHS Cambridge Energy Research Associates based on analysis of more than 10,000 projects around the globe.

The report, The Future of Global Oil Supply: Understanding the Building Blocks extends IHS CERA’s global oil outlook through 2030 and expects global oil productive capacity to grow to as much as 115 million barrels per day (mbd) through that period from the current level of 92 mbd – a 25 percent increase. Post-2030 supply could struggle to meet demand but this would take the form of a decades-long “undulating plateau” rather than a sharp fall, the report says.

The complete report is available for download at IHS CERA’s Web site, www.cera.com

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 Also: See IHS CERA Chairman, Daniel Yergin's commentary on the recent 150th anniversary of oil


 

IHS CERA Research Highlights
Atmospheric Expectations: The Call to Reduce CO2 Emissions
and the Implications for the Energy Sector

 
European Electricity Demand: Heading for a Major Downturn
 
More...



IHS CERA News Releases



IHS CERA: Oil Supply Set to Grow Through 2030 with No Peak Evident - November 17, 2009

Oil Demand from Developed Countries Has Peaked - October 13, 2009

IHS CERA Chairman, Daniel Yergin to Deliver Keynote Lecture at SIEW 2009 - October 07, 2009

IHS CERA Expert Bios & Photos


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Daniel Yergin, Chairman, IHS CERA Daniel Yergin, Chairman, IHS CERA

Location: Washington, D.C.
Expertise: Global energy, political and economic issues
Yergin is an authority on international politics, economics and energy. A Pulitzer Prize winner for his best-seller “The Prize: The Epic Quest for Oil, Money and Power,” Yergin is a recipient of the U.S. Energy Award.

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Jed Bailey, Managing Director, Emerging Markets, IHS CERA Jed Bailey, Managing Director, Emerging Markets, IHS CERA

Location: Cambridge, Mass.
Expertise: Emerging energy markets
Bailey is an expert in energy markets in developing countries, with specialties in market fundamentals, regulatory structure and strategic planning. He works closely with IHS CERA clients on the investment climate and strategy in Asia and Latin America and is available to provide comments and expertise to the media on Latin America and Energy Markets.

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Aaron Brady, Director, Research, Global Oil, IHS CERA Aaron Brady, Director, Research, Global Oil, IHS CERA

Location: Cambridge, Mass.
Expertise: Global oil markets
Brady is an expert in the global oil market, including downstream price dynamics, political and regulatory influences, and economic trends. His analyses focus on the fundamentals of the North American refined product markets and on energy/environmental legislation and regulatory issues, including the role of alternative fuels. He is available to the media to provide his expertise on biofuels and downstream oil activities.


IHS CERA Image Gallery


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IHS CERA Global Liquids Productive Capacity Outlook IHS CERA Global Liquids Productive Capacity Outlook

IHS CERA Global Liquids Productive Capacity Outlook through 2030

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World Liquids Discovery and Production 1930-2007 World Liquids Discovery and Production 1930-2007

IHS CERA World Liquids Discovery and Production, 1930-2007

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IHS CERA Downstream Capital Costs Index (Through Q1 2009) IHS CERA Downstream Capital Costs Index (Through Q1 2009)

The IHS CERA DCCI is a proprietary measure of project cost inflation similar in concept to the Consumer Price Index (CPI). It provides a benchmark for comparing costs around the world and draws upon proprietary IHS and IHS CERA databases and analytical tools.
ATTRIBUTION: IHS Cambridge Energy Research Associates (IHS CERA)


IHS CERA Audio & Video


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The Domino Effect: An Interview with Katherine Hardin (IHS CERA) The Domino Effect: An Interview with Katherine Hardin (IHS CERA)

April 23, 2008
Starting in 2009 the national energy companies of Kazakhstan, Uzbekistan, and Turkmenistan will charge Russia “European-level prices” for natural gas, a major change from the old price structure. The deal will benefit central Asian countries, but the effects will be felt far beyond these four countries. In this interview, Katherine Hardin, CERA Head of Russian and Caspian Energy, discusses the factors that prompted the negotiation, as well as possible outcomes and risks.

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Transportation Fuels in the 21st Century - An Interview with David Hobbs (IHS CERA) Transportation Fuels in the 21st Century - An Interview with David Hobbs (IHS CERA)

January 24, 2008
With oil prices at unprecedented levels, the future of transportation fuels, particularly those derived from oil, has taken the spotlight. Although oil prices are the center of attention right now, environmental issues and energy security questions have also contributed to concerns about transportation fuels. In this interview, David Hobbs, Vice President and Managing Director of Global Research, discusses the factors contributing to the changes and trends in this area. He also discusses CERA’s new Forum, Driving the Future: Energy for Transportation in the 21st Century, which will assess, analyze, and discuss the critical issues facing firms across the range of industries affected by the new transportation fuels mix.

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Challenges for the Electric Power Industry: An Interview with Lawrence J. Makovich (IHS CERA) Challenges for the Electric Power Industry: An Interview with Lawrence J. Makovich (IHS CERA)

January 23, 2008
Globally, the electric power industry is facing a tough environment, with pressures from cost escalation, concerns about climate change, and the need to increase the use of renewable energy. In this interview CERA Vice President and Senior Advisor Lawrence J. Makovich discusses the tensions in the industry. The CERAWeek 2008 program has been expanded to include a second day of electric power to more fully explore these issues. For more information on CERAWeek, please visit
www.ceraweek.com.