机构研究报告-Oil industry in the UK-外文版培训课件

INDUSTRIES

&

MARKETSOilindustryintheUKCHAPTER

01OverviewProvedcrudeoilreservesworldwideinselectyearsfrom1960to2023(inbillionbarrels)Globalcrudeoilreserves1960-20231,8001,6001,4001,2001,00080060040020001960

1970

1980

1990

2000

2005

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

20233Description:Theworldholdsaround1.57trillionbarrelsinprovedcrudeoilreservesasof2023.Thisisexcludingoilsands.Since1960,therehasbeenamarkedincreaseinoilreserves,especiallyinthedecadebetween1960and1970.

ReadmoreNote(s):Worldwide;1960to2023Source(s):OPECOilproductionworldwidefrom1998to2023(in1,000barrelsperday)Globaloilproduction1998-2023120,000100,00080,00060,00040,00020,00001998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

20234/statistics/265203/global-oil-production-in-barrels-per-dayGlobaloilproductionamountedto96.4millionbarrelsperdayin2023.Thelevelofoilproductionreachedanall-timehighin2023.However,thecoronaviruspandemicanditsimpactontransportationfueldemandledtoanotabledeclinein2020.

ReadmoreNote(s):Worldwide;1998to2023Source(s):EnergyInstitute;Kearney;KPMGOilproductionworldwidein2010and2023,byselectcountry(in1,000barrelsperday)Globaloilproduction2010-2023,byselectcountryProductioninthousandbarrelsperday2023201005,00010,00015,00020,00025,000UnitedStatesSaudiArabiaRussiaCanadaIranIraqChinaUnitedArabEmiratesBrazilKuwaitMexicoNorway5Description:TheUnitedStatesistheworld'slargestcrudeoilproducer.In2023,ithadanoutputof19.4millionbarrelsworthofoilperday.Thiswasnearly12millionbarrelsmorethanin2010andlargelyaresultofadvancesinunconventionaltightoilproduction.SaudiArabiaandRussiarankedsecondandthird,ataround11.4and11.1millionbarrelsdailyrespectively.Oilproductionincludescrudeoil,shaleoil,oilsands,andnaturalgasliquids.ReadmoreNote(s):Worldwide;2010and2023Source(s):EnergyInstitute;Kearney;KPMGCHAPTER

02Production&consumptionProvedoilreservesintheUnitedKingdom(UK)inselectyearsfrom1960to2023(inmillionbarrels)ProvedoilreservesintheUnitedKingdom1960-20239,0008,4388,0007,0006,0005,0004,0003,0002,0001,00004,7254,0132,80020102,75520152,70020192,56420162,50019702,50020172,50020182,50020202,00020211,80020221,5002023519601980199020007Description:Therewerearound1.5billionbarrelsofprovedoilreservesintheUnitedKingdomasof2023.Thiswasthelowestvalueinthelastsixdecades,withanotabledecreasesincetheearly2000s.ManyoftheUK'sreserves,whicharelargelylocatedoffshoreintheNorthSea,havebeendepleted.ReadmoreNote(s):UnitedKingdom;1960to2023Source(s):OPECOilproductionintheUnitedKingdom(UK)from2003to2023(in1,000barrelsdaily)OilproductionintheUnitedKingdom(UK)2003-20232,5002,0001,5001,00050002003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

20238Description:TheUnitedKingdomproduced715thousandbarrelsofoilperdayin2022,adecreaseofnearly11.6percentincomparisontotheoilproductionreportedin2022.TheUK'soilproductionreachedtherecordlowin2022.

ReadmoreNote(s):UnitedKingdom;2003to2023Source(s):Kearney;KPMG;NEIOilrefinerycapacityintheUnitedKingdom(UK)from2003to2023(in1,000barrelsperday)OilrefinerycapacityintheUnitedKingdom(UK)2003-20232,0001,8001,6001,4001,2001,00080060040020002003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

20239Description:RefinerycapacityofoilintheUnitedKingdomamountedtonearly1.22millionbarrelsperdayin2023,adecreaseofaroundthreepercentincomparisontothefigurereportedin2012.Duringtheperiodinconsideration,theUK'srefinerycapacitydeclinedbyover590thousandbarrelsdaily.ReadmoreNote(s):UnitedKingdom;2003to2023Source(s):EnergyInstitute;Kearney;KPMGPrimaryenergyconsumptionintheUnitedKingdom(UK)from2020to2023,byfueltype(inexajoules)PrimaryenergyconsumptionintheUnitedKingdom(UK)2020-2023,byfueltypeOilNaturalgasRenewablesNuclearenergyCoalHydroelectricity8.07.06.05.04.03.02.01.00.0202020212022202310Description:PrimaryenergyconsumptionintheUnitedKingdomamountedtoroughlysevenexajoulesin2023.Overall,oilandnaturalgaswerebyfarthemostconsumedfuelsinthecountry.Bycomparison,consumptionofprimaryenergyfromrenewablesstoodat1.38exajoulesthatyear,upfrom1.36theyearprior.ReadmoreNote(s):UnitedKingdom;2020to2023Source(s):EnergyInstitute;Kearney;KPMGOilconsumptionintheUnitedKingdom(UK)from2004to2023(in1,000barrelsdaily)OilconsumptionintheUnitedKingdom(UK)2004-20232,0001,8001,6001,4001,2001,00080060040020002004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

202311Description:ConsumptionofoilintheUnitedKingdomhasseenanoveralldeclineduringthedisplayedperiod,fallingto1.33millionbarrelsperdayby2023.MostoilconsumptionintheUKisusedfortransport,especiallyroadtransport.However,demandisexpectedtodeclineinthefollowingdecades.Incomparison,theconsumptionbytheaviationsectorissettoincrease.ReadmoreNote(s):UnitedKingdom;2004to2023Source(s):EnergyInstitute;Kearney;KPMGCHAPTER

03Trade&pricesValueoftradeinoilintheUnitedKingdomfrom1997to2023(inmillionGBP)ValueoftradeinoilUK1997-2023ExportsImportsBalance70,00060,00050,00040,00030,00020,00010,0000-10,000-20,000-30,0001997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

202313Description:In2023,theUnitedKingdomhadacrudeoiltradingdeficitofover23billionBritishpoundsafteritexportedaround31.8billionpoundsworthofoil,andimportedaround54.8billionpounds.ReadmoreNote(s):UnitedKingdom;1997to2023Source(s):OfficeforNationalStatistics(UK)VolumeoftradeinoilintheUnitedKingdomfrom1998to2023(inmilliontons)VolumeoftradeinoilUK1998-2023ExportsImports95857565554535251998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

202314Description:In2023theUKimported48.42milliontonsofcrudeoil,andexported36.29milliontons,resultinginatradedeficitof11.95milliontonsofcrudeoilinthisyear.ReadmoreNote(s):UnitedKingdom;1998to2023Source(s):OfficeforNationalStatistics(UK)ExportvolumeofcrudeoilfromtheUnitedKingdom(UK)in2023,bydestinationcountry(in1,000tonnes)CrudeoilexportsfromtheUK2023,bydestinationExportvolumeinthousandtonnes4,000

6,00002,0008,00010,00012,00014,000Netherlands*11,713Germany2,5542,362PolandSweden1,597China,People'sRepublicof1,1901,070779635536KoreaFinlandFranceItalyUnitedStatesSpain463405LithuaniaCanada27524815Description:TheNetherlandsreceivesthelargestamountofcrudeoilexportedfromtheUnitedKingdom.However,thefigureincludesoilfortransshipmentorintransittootherdestinationslikeBelgiumandGermanyandnotjustforinlandconsumption.Germanyimported2.55milliontonnesofcrudeoilfromtheUKin2023.ReadmoreNote(s):UnitedKingdom;2023;*ExportstotheNetherlandsincludeoilfortransshipmentorintransittootherdestinations(e.g.BelgiumandGermany).ThisstatisticisusingoriginaldatafromtheGovernmentDigitalServiceandincludes[...]ReadmoreSource(s):GOV.UK;UKDepartmentforBusiness,EnergyandIndustrialStrategyImportvolumeofcrudeoilandnaturalgasliquidstotheUnitedKingdom(UK)in2023,bycountryoforigin(in1,000metrictons)OilliquidsimportsintheUK2023,bycountryImportvolumeinthousandmetrictonsCrudeoil6,000Naturalgasliquids8,00002,0004,00010,00012,00014,00016,000NorwayUnitedStatesNigeriaLibyaAlgeriaCanadaTurkeyAngolaBrazilCameroonKazakhstanUnitedArabStates16Description:NorwayisthemainsupplierofbothcrudeoilandnaturalgasliquidsfortheUnitedKingdom.In2023,some14.6millionmetrictonsofcrudeoilwereimportedfromtheU.S.-meaningtheScandinaviancountryrecoveritspositionaslong-runningmainsupplierfromtheUnitedStates.Nigeria,Libya,andAlgeriaroundoutthetopfiveorigincountries.In2022,ꢀcrudeoilandNGLimportsintheUKtotaledaround43millionmetrictons.ReadmoreNote(s):UnitedKingdom;2023Source(s):GOV.UK;UKDepartmentforBusiness,EnergyandIndustrialStrategyImportvolumeofpetroleumproductstotheUnitedKingdom(UK)in2023,bycountry/territoryoforigin(in1,000metrictons)PetroleumproductimportsintheUK2023,bycountryImportvolumeinthousandmetrictons01,0002,0003,0004,0005,0006,0007,000NetherlandsUnitedStatesKuwait6,5513,5773,147SaudiArabiaIndia2,7702,3442,331BelgiumUnitedArabEmiratesNorway2,1131,266Sweden915KoreaChina756735DenmarkFinland55145117Description:TheNetherlandswasthemainsourceofpetroleumproductsfortheUnitedKingdomin2023.Thatyear,theUKimportedapproximately6.55millionmetrictonsofDutchpetroleumproducts.TheNetherlandsandtheUnitedStateshousemanyoilrefineries,suchastheExxonMobilplantinRotterdam,whichexplainsthehightradevolumebetweenthesecountries.ReadmoreNote(s):UnitedKingdom;2023Source(s):HMRevenueandCustoms;UKDepartmentforBusiness,EnergyandIndustrialStrategyAverageannualBrentcrudeoilpricefrom1976to2024(inU.S.dollarsperbarrel)Brentcrudeoilpriceannually1976-202412010080604020018Description:TheaverageannualpriceofBrentcrudeoilstoodat80.53U.S.dollarsperbarrelin2024.Thisissome20U.S.dollarslowerthanthe2022annualaverage,whenanenergysupplyshortageandconcernsoverfalloutfromtheRussia-Ukrainewarsawpricessurge.Brentistheworld'sleadingpricebenchmarkforAtlanticbasincrudeoils.Crudeoilisoneofthemostcloselyobservedcommoditypricesasitinfluencescostsacrossallstagesoftheproductionprocessandconsequentlyaltersthe[...]

ReadmoreNote(s):Worldwide;1976to2024Source(s):EIA;en2xAveragemonthlyBrentcrudeoilpricefromDecember2022toDecember2024(inU.S.dollarsperbarrel)MonthlycrudeoilpriceaverageforBrent2022-2024959085807570Dec

Jan

Feb

Mar

Apr

May

Jun

Jul'23

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul'24

Aug

Sep

Oct

Nov

Dec'22'23'23'23'23'23'23'23'23'23'23'23'24'24'24'24'24'24'24'24'24'24'2419Description:InDecember2024,theaveragepriceofonebarrelofBrentcrudeoilwas73.86U.S.dollars.Thiswasthelowestfigureinthepast24-monthperiod.LoweroildemandinChinaandannouncementsthattheOPECwereexpectingtoincreaseproductionledtothisfallinprices.ReadmoreNote(s):Worldwide;December2022toDecember2024Source(s):EIA;en2xCHAPTER

04CompaniesNumberofenterprisesinthecrudepetroleumandnaturalgasextractionindustryintheUnitedKingdomin2023,byturnoversizebandNumberofoil&gasextractioncompaniesintheUKin2023,byturnoverNumberofenterprises*0510152025303540450-49,999GBP50,000-99,999GBP1510100,000-249,999GBP250,000-499,999GBP500,000-999,999GBP1million-4.999millionGBP5million+GBP151510154021Description:Therewere40enterprisesintheUnitedKingdomoilandgasextractionindustrywithanannualturnoverofmorethanfivemillionBritishpoundsasof2023.Bycomparison,therewere15suchbusinesseswithanannualturnoveroflessthan50,000Britishpounds.ReadmoreNote(s):UnitedKingdom;2023;*VATand/orPAYEbasedenterprisesStandardIndustrialClassification(UKSIC2007)Division06ReadmoreSource(s):OfficeforNationalStatistics(UK)NumberofenterprisesinthecrudepetroleumandnaturalgasextractionindustryintheUnitedKingdomin2024,byemploymentsizeNumberofoil&gasextractionenterprisesintheUKin2024,byemploymentsizeNumberofenterprises*0102030405060700-45-9651510-1920-4950-99100-249250+550101522Description:Therewere15enterprisesintheUnitedKingdomoilandgasextractionindustrythatemployedmorethan250peopleasof2024.Inthisyear,thetotalnumberofbusinesseswithinthissectorwas115,ofwhichthemajorityemployedbetweenzeroandfourpeople.ReadmoreNote(s):UnitedKingdom;2024;*VATand/orPAYEbasedenterprisesStandardIndustrialClassification(UKSIC2007)Division06.ReadmoreSource(s):OfficeforNationalStatistics(UK)OperatingrevenueofBPfrom2005to2023(inmillionU.S.dollars)BP'soperatingrevenue2005-2023400,000350,000300,000250,000200,000150,000100,00050,00002005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

202323Description:BPgeneratedanoperatingrevenueof210.13billionU.S.dollarsin2023.Thiswasadecreaseofsome30billionU.S.dollarsfromthepreviousyear.BPisagloballyoperatingoilandgascompanyandcountedamongtheoilsupermajorsorBigOilcompanies-thelargestpubliccompanieswithintheindustry.ItisheadquarteredinLondon,UnitedKingdom.Operatingasaverticallyintegratedcompany,BPisactiveinallareasoftheoilandgassupplychain,fromexplorationtorefining,[...]ReadmoreNote(s):Worldwide;2005to2023;includessalesandotheroperatingrevenues.Source(s):BPRevenueofShellfrom2010to2023(inbillionU.S.dollars)Shell'srevenue2010-2023500470.17467.15451.2445040035030025020015010050421.11388.38381.3368.06344.88316.62305.18264.96261.5233.59180.5402010201120122013201420152016201720182019202020212022202324Description:Shell,formerlyRoyalDutchShell,reportedatotalrevenueof316.62billionU.S.dollarsin2023.Thiswasanotabledecreasecomparedtothepreviousyear,whenthecompanyprofitedfromdecade-highgasandoilprices.Asoneofthelargestoilandgascompaniesintheworld,thecompanyreporteditsgreatestprofitsduringyearswhentheaveragebenchmarkoilprices,suchastheBrentcrude,wereparticularlyhigh.

ReadmoreNote(s):Worldwide;2010to2023Source(s):ShellCHAPTER

05Retail&householdexpenditureTurnoverfromretailsaleofpetrol,diesel,lubricatingoilandotherpetroleumproductsintheUnitedKingdom(UK)from2008to2022(inmillionGBP)MotorfuelretailsalesturnoverintheUnitedKingdom(UK)2008-202260,00050,00051,97142,93242,42540,00140,17139,50739,07039,19140,00030,00020,00010,000037,43236,66435,57432,42530,84030,51529,81320082009201020112012201320142015201620172018201920202021202226Description:Thisstatisticshowsthetotalannualturnoveroftheretailsaleofpetrol,diesel,lubricatingoilandotherpetroleumproductsfrom2008to2022.Overthetimeperiodunderconsideration,turnoverfromretailsalesofpetroleumproductsfluctuated.In2022,retailturnoverofthesegoodsamountedtoabout52billionBritishpounds,markingasignificantincreasefromthepreviousyear.ReadmoreNote(s):UnitedKingdom;2008to2022Source(s):OfficeforNationalStatistics(UK)Averageweeklyhouseholdexpenditureonpetrol,dieselandothermotoroilsintheUnitedKingdom(UK)in2023,bygrossincomedecilegroup(inBritishpounds)UK:householdexpenditureonmotorfuels2023,bygrossincomeAverageweeklyhouseholdexpenditureinBritishpounds05101520253035LowesttenpercentSeconddecilegroupThirddecilegroupFourthdecilegroupFifthdecilegroup6.310.31616.320.1SixthdecilegroupSeventhdecilegroupEighthdecilegroupNinthdecilegroupHighesttenpercent22.326.129.830.63327Description:HouseholdsinthehighestdecilegroupintheUnitedKingdomspentanaverageof33Britishpoundsaweekonpetrol,diesel,andothermotorfuelsin2023.Thiscomparedtoaweeklyspendof6.3Britishpoundsbythelowestdecilegroup.Theaveragespendingwas21.1Britishpoundsperweekthatyear.ReadmoreNote(s):UnitedKingdom;2023;4,460householdsSource(s):OfficeforNationalStatistics(UK)CHAPTER

06OutlookOpinionofbusinessleadersonwhetherthegovernmentshouldnotsupporttheoilandgasindustryinthelongtermintheUnitedKingdomin2024BusinesssurveyongovernmentnotsupportingoilindustryinthelongtermUK2024Shareofrespondents0%5%10%15%20%25%30%StronglyagreeSomewhatagree18%27%NeitheragreenordisagreeSomewhatdisagreeStronglydisagree24%16%12%Don'tknow2%29/statistics/1545629/uk-survey-on-government-support-for-oil-industry-in-the-long-termAccordingtoa2024survey,some46percentofUKbusinessleadersthoughtthegovernmentshouldnotsupporttheoilandgasindustryinthelong-term.Thiscomparedto12percentofrespondentswhostronglydisagreedwiththestatement.

ReadmoreNote(s):UnitedKingdom;August16to28,2024;575respondents;Seniorbusinessdecisionmakers.Source(s):