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Carbon capture, utilisation and storage (CCUS) could be a critical step on the Majors’ decarbonisation journey. What role could this technology play, and can it scale at the pace required to support Paris Agreement targets?
Looking back over a decade as the US shale gas boom began to dramatically transform the country’s energy balance, driving down gas prices and ultimately creating one of the world’s largest LNG exporters, many speculated whether China could replicate this success.
The Biden administration this week issued an order suspending further work on oil leases in the Arctic National Wildlife Refuge in Alaska, pending a new environmental review. The order follows through on a commitment that President Joe Biden made on his first day in office. Drilling in ANWR has always been highly controversial, and the lease sale in January attracted only limited interest.
What does a net-zero pathway mean for the oil and gas industry? As capital markets and an ever-widening stakeholder community demand clarity and action on decarbonisation, more of our customers are talking to us about how they should incorporate such scenarios into their planning.
The US Congress has been debating two bills with big implications for energy. The first, the Infrastructure Investment and Jobs Act, has finally been passed by both House and Senate, and will be signed into law by President Biden.
The UK's North Sea Transition Deal has focused attention on platform electrification. Can the UK replicate Norway's past success and emissions savings?
Offshore investment activity is ramping up in Norway, and its upstream supply chain faces distinct pinch points.
Balancing climate goals with demands for cheap energy is not easy. The administration is under attack for favoring increased US oil supply
After decades with Houston at the heart of the US Gulf Coast crude value chain, shifting legislation and trade flows have brought about change.
In 2022 our global analysts created an outstanding body of research, exploring everything from progress on the path to net zero to the impact of Russia's war with Ukraine.
A tangle of long-term ambitions will drive upstream regulators and investors toward the big fiscal themes to look for in 2023, from windfall taxes to renewed interest in gas policy terms.
Investment allowances and a new licensing round could boost activity – if willing explorers can be found. Embracing the UK’s potential as an energy super basin is crucial.
Reviewing scope 1, 2 and 3 emissions for oil and gas fields around the world.
Companies along the value chain must be proactive in response to the prospect of a carbon offset crude market.
What’s the emissions intensity of the North Sea upstream sector – and who can drive change?
The energy crisis will give rise to new opportunities for Majors, Independents and NOCs in 2023 – but operators will also face numerous headwinds and an uncertain outlook.
After a tumultuous year, Ed looks ahead to 2023 with a selection of Wood Mackenzie analysts predictions
Wood Mackenzie's APAC team looks at predictions for 2023
Read our predictions of the global upstream trends to watch – and how they could play out in your region.
The gas industry found itself at the epicentre of the energy crisis in 2022, with far-reaching implications. What twists and turns will 2023 bring to this global story?
It was a fascinating and unpredictable year for energy and commodities. Take a look at our top 10 most popular articles from the year.
Big Oil is on the move, feeling its way into a changing energy world. There are two sides to adapting: how to decarbonise oil and gas and how to build a sustainable business around zero-carbon technology. European and US Majors are following two very different paths.
The great LNG pushback has started and US supply is out of money. What does this mean for Asian buyers?
How US Gulf of Mexico companies have adjusted their budgets and production levels in response to the 2020 oil price crash
Reports of “the death of OPEC” have proved greatly exaggerated, as the cartel and its allies have shown their continuing relevance this year
Every week our experts come together to explore the impact of the coronavirus pandemic across the sectors we cover. Get your copy of the key takeaways.
Companies in oil and gas, metals and mining, and power and renewables need to rethink corporate strategy to thrive in a post-coronavirus world
Arresting the explosive growth of US tight oil was a clear target of the price war after the OPEC+ meeting collapsed in March. What's been the effect on drilling and investment? How much will production fall and how quickly? Will tight oil recover and get back on a growth path? Find out more in this week's Edge.
Get the highlights of Wood Mackenzie's annual exploration survey, conducted just before the oil price crashed – and examine the stark contrast in plans and budgets pre- and post-pandemic.
Oil demand hit record lows. Combine that with volatile prices and a global supply glut, and you have all the ingredients for a perfect storm. With the oil market in turmoil, all eyes have now turned to storage. And North America’s primary crude storage destination, Cushing, is being pushed to its limits.
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