Oil and Gas Industry: Market Research Report

December 2011 | 221 pages | ID: O5DDC01009CEN
Global Industry Analysts, Inc

Abstracts

The global outlook series on the Oil and Gas Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings.

The report offers an aerial view of the global industry, identifies major short to medium term market challenges, and growth drivers.

Market discussions in the report are punctuated with fact-rich market data tables.

Regional markets elaborated upon include United States, Canada, Japan, France, Germany, UK, Russia, China, India, Iran, and Saudi Arabia, among others.

Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 739 companies worldwide.

Contents

1.INDUSTRY OVERVIEW

Industry Recovers from Recession
Spike in Oil & Gas Demand
Emerging Scenario
Depleting Reserves Fuel Search for Alternative Sites & Sources
Advanced Technologies to Improve Recovery
Oil Consumption Trends
Transportation Sector: Primary Driver for Oil Demand
Constant Technological Advancements – Key for Success
Oil Prices: Impact on Economic Growth
Decoupling – Reality or Myth
Energy Demand Supply Gap

Table 1. Global Primary Energy Consumption by Source (2010): Percentage Share Breakdown for Oil, Coal, Natural Gas, Hydroelectric, Nuclear Energy, and Renewables

Impact of Energy Policies
Increased Demand for Unconventional Oil and Gas
Natural Gas: An Emerging Fuel
Natural Gas: The Fuel of Choice
OPEC Plays a Major Role in Determining Oil Prices
Shale Gas: Prospects and Challenges
Competition

Table 2. Leading Oil & Gas Exploration Companies Worldwide (2011): Percentage Share Breakdown of Revenues for Saudi Aramco, Chevron Corp., ExxonMobil Corp., BP plc and Others

Table 3. Leading Oil and Gas Storage and Transportation Firms Worldwide (2011E): Percentage Share Breakdown of Revenues for BP Plc, OAO Gazprom, Chevron Corp, RoyalDutch/Shell and Others

Table 4. Leading Global Manufacturers of Automotive Lubricant (2011E): Percentage Share Breakdown of Demand for Shell, BP, Valvoline, ExxonMobil, ConocoPhillips, Chevron, Citgo and Others

Trade Outlook

2.TRENDS AND ISSUES

Consumption of Petroleum to Rise
Crude Oil Demand Shoots Up in Asia-Pacific
Non-OPEC Liquids Production: Prospects and Challenges
Post-Recession Oil and Gas Pipeline Market
Demand Rising for Natural Gas as a Clean Source for Generating Power
Oversupply Hits Gas Market
Domestic Oil Deficits Propel China to Invest Abroad
Growing Competition from Renewable Energy Sources
South East Asia to Dominate Production of Biodiesel

3.CRUDE OIL

Crude Oil Reserves

Table 5. World Proven Crude Oil Reserves (2010) (In Billion Barrels)

Table 6. Global Crude Oil Market By Region (2010): Percentage Share Breakdown of Proven Reserves for Middle East, Latin America, Eastern Europe, Africa, Asia- Pacific, North America, and Western Europe

Demand and Supply Scenario

Table 7. World Current and Future Analysis for Oil Industry by Geographic Region –US, Canada, Europe, Asia-Pacific, Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Consumption Figures in Thousand Barrels Per Day for Years 2010 through 2015

Table 8. World 5-Year Perspective for Oil Industry by Geographic Region – Percentage Breakdown of Consumption for US, Canada, Europe, Asia-Pacific, Middle East & Africa, and Latin America for Years 2011 and 2015

Key Statistics

Table 9. Leading Global Producers of Crude Oil (2010): Percentage Share Breakdown of Production Volume for Russia, Saudi Arabia, US, China, Iran, Venezuela, Venezuela, Mexico, Iraq, UAE, Kuwait, and Others

Table 10. Global Production of Crude Oil by Region (2010): Percentage Share Breakdown of Production Volume for Middle East, Europe, Latin America, Africa, Asia-Pacific, and North America

Table 11. Number of Active Rigs by Region (2010)

Table 12. World Refinery Capacity by Region (2010) (In Million b/cd)

Table 13. Global Crude Oil Exports by Region (2010): Percentage Share Breakdown of Export Volume for Middle East, Africa, Eastern Europe, Latin America, Western Europe, Asia Pacific, and North America

Table 14. Global Crude Oil Imports by Region (2010): Percentage Share Breakdown of Export Volume for Asia Pacific, Western Europe, North America, Latin America, Eastern Europe, Africa, Middle East

Table 15. Global Oil and Gas Storage and Transportation Market (2009): Percentage Share Breakdown of Revenues for Liquid Tankers, Liquid Pipelines, Gas Tankers, Gas Storage, and Gas Pipelines

Rising Crude Oil Price Depresses Profitability
World Oil Outlook

4.NATURAL GAS

Natural Gas Market

Table 16. World Current and Future Analysis for Natural Gas by Geographic Region – US, Canada, Europe, Asia-Pacific, Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Consumption Figures in Billion Cubic Meters for Years 2010 through 2015

Table 17. World 5-Year Perspective for Natural Gas by Geographic Region – Percentage Breakdown of Consumption for US, Canada, Europe, Asia-Pacific, Middle East & Africa, and Latin America Markets for Years 2011 & 2015

Proven Natural Gas Reserves

Table 18. World Proven Natural Gas Reserves (2010) (In Billion Cubic Meters)

Table 19. World Natural Gas Reserves by Region (2010): Percentage Share Breakdown of Proven Reserves for Middle East, Latin America, Eastern Europe, Africa, Asia- Pacific, North America, and Western Europe

Key Statistics

Table 20. World Natural Gas Production by Region (2010): Percentage Share Breakdown of Marketed Production Volume for Eastern Europe, North America, Middle East, Asia Pacific, Western Europe, Africa, and Latin America

Table 21. World Natural Gas Production by Country (2010): Percentage Share Breakdown of Marketed Production Volume for US, Russia, Iran, Canada, Norway, Qatar, China, Saudi Arabia, and Others

Table 22. Global Dry Natural Gas Market (2010): Percentage Share Breakdown of Consumption for US, Russia, Iran, Japan, Germany, UK, China, Canada, Saudi Arabia, Italy, and Others

Liquefied Natural Gas Market

Table 23. Global LP Gas Production by Country (2010): Percentage Share Breakdown of Production Volume for US, Saudi Arabia, China, Russia, India, and Others

Table 24. World LP Gas Production by Region (2010): Percentage Share Breakdown of Production Volume for North America, Asia-Pacific, Middle East, Europe, Latin America, and Africa

Table 25. Global LP Gas Consumption by Country (2010): Percentage Share Breakdown of Demand Volume for US, China, Japan, India, Saudi Arabia, Russia, and Others

5.MERGERS AND ACQUISITIONS

6.STRATEGIC CORPORATE DEVELOPMENTS

7.PRODUCT/SERVICE LAUNCHES

A REGIONAL MARKET PERSPECTIVE

1.NORTH AMERICA

Natural Gas

1A.UNITED STATES

Crude Oil
Petroleum Products
Globally Integrated Markets Drive Exports of Finished Petroleum Products
Oil and Gas Drilling to Pick Up Momentum
Domestic Oil Production Bucks Declining Trend
Hiring in Oil & Gas Sector Returns to a Buoyant Phase
Depleting Oil Reserves – A Cause for Concern

Table 26. Annual Consumption of Energy in the US (2011E): Percentage Share Breakdown by Source – Petroleum Products, Natural Gas, Coal, Nuclear, Hydro Electric and Others

Table 27. US Market for Finished Petroleum Products (2010): Percentage Share Breakdown if Volume Sales for Gasoline, Distillate Fuel Oil, Jet Fuel, and Others

Natural Gas Outlook Brightens

Table 28. Natural Gas Consumption in the US (2011E): Percentage Share Breakdown of Usage by Sector - Electric Power, Industrial, Residential, Commercial and Others

Table 29. Leading Producers of Natural Gas in the US (2010): Percentage Share Breakdown of Production Volume for ExxonMobil, Chesapeake Energy, Anadarko, Devon Energy, BP, Encana, ConocoPhillips, Southwestern Energy Co., and Others

Table 30. US Natural Gas Market (2011E): Percentage Breakdown of Exports of Natural Gas to Countries- Canada, Mexico, Japan and Others

Transformation of Natural Gas Industry Structure
Demand from Transportation Sector
Regulations on Industrial Air Emissions
Technological Developments
General Barriers against Increasing the Supply Land Access
Pipeline Infrastructure
Financial Implications
Factors Affecting Natural Gas Production
Drilling Equipment Availability
Approval and Exploration Activities
Weather Patterns and Delivery Anomalies
Natural Gas Price Trends
Shale Plays Offer Attractive Prospects
Distribution Outlets

1B.CANADA

Overview

Table 31. Canadian Natural Gas Market by Segment (2010): Percentage Share Breakdown of Volume Sales for Industrial, Direct, Residential, and Commercial

Table 32. Canadian Natural Gas Market by Province (2010): Percentage Share Breakdown of Volume Sales for Alberta , Ontario, British Columbia, Yukon & NWT, Saskatchewan, Quebec, and Rest of Canada

Exploration and Production Scenario in Canada
GHG Reductions: An Environmental Initiative in Alberta
Impact of Regulations on Labor Demand

2.EUROPE

Oil & Gas Industry

Table 33. European Current and Future Analysis for Oil Industry by Geographic Region – France, Germany, UK, Italy, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Consumption Figures in Thousand Barrels Per Day for Years 2010 through 2015

Table 34. European 5-Year Perspective for Oil Industry by Geographic Region – Percentage Breakdown of Oil Consumption for France, Germany, UK, Italy, Spain, Russia & Rest of Europe Markets for Years 2011 and 2015

Table 35. European Current and Future Analysis for Natural Gas by Geographic Region – France, Germany, UK, Italy, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Consumption Figures in Billion Cubic Meters for Years 2010 through 2015

Table 36. European 5-Year Perspective for Natural Gas by Geographic Region – Percentage Breakdown of Consumption for France, Germany, UK, Italy, Spain, Russia and Rest of Europe Markets for Years 2011 and 2015

Natural Gas Market – An Overview

Table 37. Primary Energy Consumption in Europe (2009): Percentage Share Breakdown by Source – Oil, Solid Fossil Fuels, Natural Gas, Nuclear Electricity, Renewables, and Others

Table 38. European Natural Gas Market by End-Use Segment (2009): Percentage Share Breakdown of Sales for Residential & Commercial, Industry, Power Plants, and Others

Growing Demand for Natural Gas in Western Europe
Natural Gas Imports to Play Major Role

2A.RUSSIA

Overview
Crude Oil
Natural Gas

2B.UNITED KINGDOM

Overview
Oil Resources at Saturation Level
UK Enhances Investments to Step up Production
Government Regulations
Natural Gas
Government Initiatives
Import-Export Scenario

Table 39. Crude Oil Market in the UK (2011E): Percentage Share Breakdown of Imports by Country of Origin - Norway, Russia, Libya, Nigeria, Tunisia and Others

Table 40. Crude Oil Market in the UK (2011E): Percentage Share Breakdown of Exports by Destination Country – the Netherlands, Germany, US, France, Sweden and Others

2C.HUNGARY

Oil and Gas Industry - A Review

2D.FINLAND

Clean Energy Initiatives

3.ASIA-PACIFIC

Overview
Oil and Natural Gas Consumption

Table 41. Asia-Pacific Current and Future Analysis for Oil Industry by Geographic Region – China, India, Japan, South Korea and Rest of Asia Markets Independently Analyzed with Annual Consumption Figures in Thousand Barrels Per Day for Years 2010 through 2015

Table 42. Asia-Pacific 5-Year Perspective for Oil Industry by Geographic Region – Percentage Breakdown of Consumption for China, India, Japan, South Korea and Rest of Asia Markets for Years 2011 & 2015

Table 43. Asia-Pacific Current and Future Analysis for Natural Gas by Geographic Region – China, India, Japan, South Korea and Rest of Asia Markets Independently Analyzed with Annual Consumption Figures in Billion Cubic Meters for Years 2010 through 2015

Table 44. Asia-Pacific 5-Year Perspective for Natural Gas by Geographic Region – Percentage Breakdown of Consumption for China, India, Japan, South Korea and Rest of Asia Markets for Years 2011 and 2015

3A.AUSTRALIA

Australian Oil and Gas Industry-A Review

Table 45. Production of Oil and Gas Products in Australia (2010): Percentage Share Breakdown of Production Volume for Crude Oil, LPG, LNG, and Others

Industry Bounces Back from Recession

3B.CHINA

Booming Economy Propels Enhanced Consumption
Sources of Crude Oil Imports
Strategy to Reduce Dependence on Oil Imports
Natural Gas

Table 46. Chinese Crude Oil Market (2011E): Percentage Share Breakdown of Import Volume by Country of Origin - Saudi Arabia, Angola, Iran, Russia, Sudan, Oman, Iraq, Kuwait, Libya, Kazakhstan, Venezuela and Others

3C.INDIA

Overview
Government Policies Boost E&P Activity
Rising Prices of Natural Gas

3D.INDONESIA

Oil & Gas Market: Exploring the Unexplored

Table 47. Proven and Potential Oil Reserves in Indonesia (In Billion STB)

Liquefied Natural Gas Exports

3E.JAPAN

Oil and Gas Industry- A Review
Sources of Energy and Consumption
Nuclear Energy Faces Substitution
Overseas Exploration Activity
Export-Import Scenario

Table 48. Japanese Crude Oil Market (2011E): Percentage Share Breakdown of Import Volume by Country of Origin - Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Iran, Russia and Others

Table 49. Japanese Liquefied Natural Gas Market (2011E): Percentage Share Breakdown of Import Volume by Country of Origin - Malaysia, Australia, Indonesia, Qatar, Russia, Brunei, UAE, Oman and Others

3F.UZBEKISTAN

Industry Review
Oil Pipeline System
Gas Pipeline System

4.MIDDLE EAST & AFRICA

Oil Prices Surge Amidst Political Turmoil

Table 50. Middle East Current and Future Analysis for Oil Industry by Geographic Region – Iran, Saudi Arabia and Rest of Middle East & Africa Markets Independently Analyzed with Annual Consumption Figures in Thousand Barrels Per Day for Years 2010 through 2015

Table 51. Middle East 5-Year Perspective for Oil Industry by Geographic Region – Percentage Breakdown of Consumption for Iran, Saudi Arabia and Rest of Middle East & Africa Markets for Years 2011 and 2015

Table 52. Middle East Current and Future Analysis for Natural Gas by Geographic Region – Iran, Saudi Arabia, and Rest of Middle East & Africa Markets Independently Analyzed with Annual Consumption Figures in Billion Cubic Meters for Years 2010 through 2015

Table 53. Middle East 5-Year Perspective for Natural Gas by Geographic Region – Percentage Breakdown of Consumption for Iran, Saudi Arabia and Rest of Middle East & Africa Markets for Years 2011 and 2015

Table 54. Oil Product Demand in the Middle East (2010): Percentage Share Breakdown for Diesel Oil, Gasoline, Fuel Oil, LPG, Kerosene, and Others

4A.IRAN

Oil Production on the Rise
Factors Affecting Oil & Gas Industry
Need for Modernization
Surging Domestic Demand
Natural Gas - A Blessing
Natural Gas Exports
Organizations in Control of the Sector
Orthodox Foreign Investments and Contract Procedures
International Sanctions & Consequences

4B.IRAQ

Oil & Gas Importance for Iraq
Iraq: A Latent but Crucial Market
Political and Economic Scenario

4C.QATAR

4D.SAUDI ARABIA

Overview
Nationalized Sector
The Richest in Natural Oil Reserves
Privatization
Pipelines & Terminals - Aiding in Oil Export
Reforms & Liberalization

4E.UNITED ARAB EMIRATES

Oil Resources - Primary Source of Revenue for UAE Federation
Abu Dhabi - Hub of Oil Resources
Largest Non-Associated Natural Gas Resource
Future Prospects

5.AFRICA

5A.ALGERIA

A Potential but Under-explored Economy
Socioeconomic and Political Problems Impede Economy’s Growth
Strong Upstream and Downstream Sectors: Vital to the Development of Algeria

5B.EGYPT

Overview
Crude Oil and Natural Gas

5C.NIGERIA

Nigeria Leads African Oil Export Market
Latest Reserves Found in Deep Water Offshore
New Ventures for Upstream Oil Sector
Oil Extraction Sector in Need of Foreign Investment
Social Constraints - Hindering Growth of the Industry
Nigeria Looking Ahead for Better Prospects

5D.SOUTH AFRICA

6.LATIN AMERICA

Rich Oil Reserves Attract Foreign Players to Latin America

Table 55. Latin American Current and Future Analysis for Oil Industry by Geographic Region – Argentina, Brazil, Mexico, Venezuela, Rest of Latin America Markets Independently Analyzed with Annual Consumption Figures in Thousand Barrels Per Day for Years 2010 through 2015

Table 56. Latin American 5-Year Perspective for Oil Industry by Geographic Region – Percentage Breakdown of Consumption for Argentina, Brazil, Mexico, Venezuela, Rest of Latin-America Markets for Years 2011 and 2015

Table 57. Latin American Current and Future Analysis for Natural Gas by Geographic Region – Argentina, Brazil, Mexico, Venezuela, Rest of Latin America Markets Independently Analyzed with Annual Consumption Figures in Billion Cubic Meters for Years 2010 through 2015

Table 58. Latin American 5-Year Perspective for Natural Gas by Geographic Region – Percentage Breakdown Consumption for Argentina, Brazil, Mexico, Venezuela, Rest of Latin America Markets for Years 2011 and 2015

6A.BRAZIL

Brazilian Oil and Gas Industry: An Overview
Natural Gas

6B.VENEZUELA

Overview
Self-Sufficient in Natural Gas
Government Inviting Foreign Investment
Gearing to Explore the Unexplored

6C.PERU

An Untapped Market
Global Directory