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In an uncertain and volatile world, having upstream assets that can cope with both the highs and lows of oil prices is a priority
The UK has an opportunity to be at the forefront of the global hydrogen economy – but it calls for rapid technology scale-up.
The 2020 elections bring US energy policy to a fork in the road. Trump offers continuity, with some further easing of regulations on the oil, gas and coal industries. Biden offers a return to the Obama administration’s strategy of using regulation to cut emissions, and more ambitious moves if the Democrats win control of Congress.
Consolidation is one way for the beleaguered shale industry to achieve badly needed cost cuts. Devon and WPX have shown one way it could be done
The numbers of new reported Covid-19 cases have been surging in Europe and the US, forcing lockdowns and putting a brake on the economy. In other news, China plans to end sales of conventional internal combustion engine cars by 2035, counting the cost of plugging old wells, and world oil and gas demand will peak around 2030, Equinor says.
The US and European majors showed how cash distributions are a crucial part of their appeal to investors in the energy transition
Technological innovation could shift challenging economics, accelerate net zero ambitions and create a world-class CCUS industry on the UK Continental Shelf.
Good news on Covid-19 vaccines points to a rebound next year, but there are still some difficult months ahead
The UK’s offshore oil and gas industry has committed to cutting operational emissions in half by 2030 and achieving net zero production by 2050. Operators have taken significant steps towards decarbonisation – but achieving these goals will take leaps forward in technology, policy and investment.
With price volatility in the oil and gas industry looking increasingly endemic, financial flexibility is more crucial than ever. Wood Mackenzie has created its inaugural North Sea Financial Flexibility Index (FFI) to determine which companies are best placed to survive – and thrive – in the North Sea.
Watch the Horizons Live replay as industry experts analyse how the upstream sector can meet rising oil and gas demand amid a delayed energy transition. Discover insights on investment needs, supply challenges, and the impact on global energy markets.
Can gas be the key to a lower-carbon future? Our expert panel explores its role in the energy transition and what’s needed to unlock its full potential.
The dramatic fall in oil prices has forced the industry to look hard at capex plans and the efficiency of operating assets and functions, with significant downward pressure on rates.
At the 2017 DUG Permian Conference, three main themes stood out.
NAPE 2017 was a great show, and optimism is back in the oil patch.
At the start of the year, we predicted that around 20 to 25 major new upstream projects would be sanctioned in 2017, roughly double the score for 2016. So, as we approach the year’s halfway mark, how is our forecast faring?
Governments are telling the oil companies that they need to ‘do a Leicester’. That is, maintain (or even improve on) their best performance — investment, production — but at a fraction of the cost.
The fact is that the industry faces a structural cost problem which was easy to hide in the days of US$100 oil but less so today.
The company is taking a gloomier view of oil and gas prices over the next few years, prompting a writedown in asset values of up to $22 billion after tax
I asked our experts what they believe governments and companies should be doing to ensure that they emerge stronger from the crisis.
Campaigners against pipelines scored three notable successes this week. Their victories show challenges are mounting for pipeline operators
The risk of a second wave of lockdowns is mounting, and with it the risk of an even deeper global recession. What would this mean for oil and gas market dynamics? And what are the implications for industry stakeholders?
Make no mistake, China is the world’s most important gas market. Why? Because today, as demand stalls in so many parts of the world, China is the engine of global gas growth.
Global gas demand has proved resilient despite widespread coronavirus lockdowns - but supply dynamics are more challenging. Will gas and LNG demand continue to recover? And what forces will shape the market over the next two decades?
With declining production from the joint venture’s fields, the NWS may be forced to reduce exports unless new gas is secured.
Buoyant US oil and gas exports can only be a partial solution to the deficits targeted by the Trump administration
With US oil production set to plateau, E&Ps are looking overseas for growth. Could this mark a new era of international expansion?
The evolving US tariff landscape is creating uncertainty across industries, especially in energy, with fluctuating import tariffs impacting global markets and forcing businesses to adapt.
Investors are pulling back from renewables - what does it mean for the energy transition?
US energy policy is shifting - what does it mean for renewables, oil and gas?
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