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What competitive advantages do oil and gas companies have to reduce global emissions as part of the energy transition?
The crisis has demonstrated the urgent need to boost supplies of all types of energy.
How do ADNOC, QatarEnergy and Saudi Aramco compare against BP, Chevron, ExxonMobil, Shell and TotalEnergies?
Egyptian LNG import capacity will arrive ahead of peak summer demand
Read on for developments in carbon policy coming out of the US, UK and EU
How to develop a low-carbon energy system and maximise revenue from a mature oil and gas province? Many countries face the challenge the UK is trying to deal with today. Its two main political parties have upped the ante on tax rates ahead of an election - and run the risk of stifling investment. How much investment is threatened? Is there a fiscal system that works for both upstream and low carbon? Can other countries learn from the UK?
Divestment by the majors creates an opportunity for domestic producers to increase market share
ESG may have lost its lustre, but the issues haven't gone away.
Upstream scope 1 & 2 emissions intensity has been cut by 12% since 2017. But is the industry delivering on decarbonisation?
US utilities plan to add gas-fired plants as power consumption rises. That will help support gas demand even as solar and wind grow rapidly.
Beneath our feet lies an almost limitless source of low-carbon energy
What does it all mean for the organic investment required to deliver the new supply to meet demand?
The gang share their predictions for energy in 2025.
Due to ongoing volatility in the global oil markets, traders need prompt indication of changes in the market
Supply chain cost inflation is easing, but the market will remain tight and vulnerable to shocks.
Can the oil and gas industry really play a role in achieving net zero? Or do we need to rethink its place in the energy transition? Join the debate with Ed Crooks and guests Bjorn Otto Sverdrup and Gernot Wagner in this first Climate Week episode.
Proposed permitting reforms could accelerate both renewable energy projects and new fossil fuel infrastructure. Is that a good deal for the climate? Ed Crooks is joined by Melissa Lott and Emily Grubert to unpack what the proposal could mean for the future of energy in America.
Carbon Capture Utilisation and Storage (CCUS) is a crucial element in global decarbonisation, but current economics limit CO2 utilisation deployment as high costs and insufficient subsidies hinder the market, according to a recent report from Wood Mackenzie.
Wood Mackenzie is proud to be the Knowledge Partner at Gastech 2024
Chevron announced first oil at the Anchor field in the US Gulf of Mexico deepwater, unlocking the potential for a considerable amount of new production.
What is the real impact of curtailing production from Norway on the broader European energy landscape?
After peaking in 2023, Lower 48 well costs are expected to decline 10% in 2024 and 1% in 2025, according to a recent report from Wood Mackenzie.
Asian and Middle Eastern national oil companies have doubled down on their investment and resource base in Sub-Saharan Africa. What are their drivers?
While the mergers and acquisitions market has been recently supercharged by international oil companies (IOCs), national oil companies (NOCs) have sat on the sidelines, with international spending down significantly from highs a decade ago, according to recent analysis from Wood Mackenzie.
The carbon offset market holds potential for participants across carbon management strategies and as investments, but how are market dynamics evolving?
We share how the country’s upstream operators can leverage sustainability principles by seeking “advantaged resources” within their portfolio
By 2034, global carbon capture capacity will reach 440 Mtpa and storage capacity will reach 664 Mtpa, requiring US$ 196 billion in total investment, according to a recent report from Wood Mackenzie.
Italian major Eni has been named the upstream industry’s most-admired explorer in Wood Mackenzie’s industry-leading annual Exploration Survey.
Addressing Noble Corp’s acquisition of Diamond Offshore in a US$600 million stock plus cash transaction, Leslie Cook, principal analyst of upstream supply chain for Wood Mackenzie said, “We have been predicting offshore rig market consolidation for some time and with little appetite from owners to add new rigs as rig demand is flattening out, we believed growth would be inorganic. It therefore comes as little surprise that the first major deal in the upstream service sector has been announced. Noble has grabbed first mover advantage, and solidified is status in the top two offshore rig contractors.”
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