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Budget pressure. Brownfield rejuvenation. Business model shifts. Our global and regional experts share their view of the key themes shaping the upstream sector in the year ahead.
Russia's oil and gas sector faces a year of gradual adjustment in 2026.
We expect record oil and gas production in 2026 from the Caspian's upstream sector.
Asia Pacific's upstream sector is shifting gears, and the corporate and asset landscape is changing. Complex mega-projects are being shelved as operators prioritise execution certainty and speed over scale.
From the East Med to the Black Sea, Continental Europe enters a defining year.
Sub-Saharan Africa’s upstream sector enters 2026 with strong momentum.
Oil and gas face diverging paths in the US Lower 48 in 2026.
A landmark deal reunifies Syria’s energy system and reshapes its oil and gas outlook
As India Energy Week takes place in Goa, we explore how the country can balance growth, energy security and the transition effectively.
The US/Israeli strike on Iran's leadership raises geopolitical tension to heights reminiscent of Russia's invasion of Ukraine four years ago.
Will rising demand, new exploration activity and a refresh of government policy bring renewed confidence in Asia-Pacific's upstream industry in 2019? Wood Mackenzie's research director Andrew Harwood shares his thoughts.
Asia-Pacific's upstream industry has been plagued by declining oil production, exploration and licensing activity. Since 2014, exploration investment in the region has fallen 66% to around US$6 billion in 2018, reducing the hopper of new development opportunities.
It is election season in Asia Pacific. While Thailand heads for the by-elections following voting irregularities, India, Indonesia and Australia will also head to the polls this year. Who will win? How will the energy sector be impacted? What do investors need to consider?
I’m just back from Tokyo and a key theme for many Japanese energy companies continues to be future investment in E&P and whether long-term growth in oil and gas demand will materialise given the pace of energy transition.
The US shale revolution in action: as well productivity dramatically rose, the US emerged as the largest gas producer in the world. LNG buyers will benefit.
In this edition of Horizons, we discover how existing oil fields could yield 470-1,000 billion additional barrels using proven recovery technologies available today. Learn why this massive upside potential could meet global oil demand through 2050 and beyond at current prices.
In this Horizons, we make the case that exploration continues to add value, cut carbon intensity and lower the cost for end consumers.
This research piece addresses what will be the central theme of US power markets over the next couple of years and potentially beyond.
The US is facing a pivotal moment for its energy future. Depending on the results of the election, investment in the energy and natural resources sectors could play out in very different ways.
In this April edition of Horizons, we assess the cost of investing in the energy transition in a high-interest-rate era.
Dive into the hydrogen rainbow & explore carbon emissions insights focusing on colour to project-level carbon intensity for companies crafting strategies.
Discover how the oil & gas industry is taking on the challenge of methane emissions. Explore impacts and the path to a more sustainable future.
As the steel industry solves its carbon problem, we see a tectonic shift towards greener metallics like hydrogen-based DRI & scrap over hot metal.
Upstream development spend is barely half its 2014 peak, leading to the belief that the industry is underinvesting, and that a supply crunch is inevitable. But is that the reality?
As Europe moves away from Russian gas and Asia scrambles to reduce its dependency on coal, there has arguably never been a better time to invest in liquified natural gas (LNG).
What the end of China's 'zero Covid' strategy means for global energy and natural resources
The world won't run out of oil or gas anytime soon. But truly advantaged resources – with low break-even costs and low emissions – are anything but plentiful.
War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. Read more.
We touched on a number of issues this year with our new thought-leadership series. Post-COP26, it's time to review the articles and put them in recent context.
Navigating oil and gas in a time of hyper-uncertainty
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