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The Majors have focused investment in nine areas of energy transition technology
Natural gas demand is on the rise in Latin America – the region will need to maximise its gas supply to counter production decline in some countries.
ADNOC has aggressive decarbonisation targets under a strategy that includes, somewhat counterintuitively, oil and gas growth and a renewed emphasis on licensing and exploration.
Market activity is picking up for Petrobras – developments are moving forward quickly, while exploration remains slow.
'Business as usual’ is incompatible with net zero ambitions
According to a Reuters report, North Sea producer Harbour Energy is in talks with GoM-focused Talos Energy over a potential merger. Conslidation continues to drive upstream M&A as companies look to increase resilience and diversify portfolios.
Investors are looking afresh at Africa’s advantaged barrels – but old problems persist.
How can deepwater rig companies turn current weaknesses and threats into strengths and opportunities?
Low-carbon renewable natural gas is attractive, but cost makes policy support essential
How can Australia transition from traditional upstream to advantaged energy super basins, and why is action needed?
Recent gas regulatory and policy changes should increase overall gas demand and improve LNG attractiveness at higher spot prices.
Standout oil well performance in New Mexico, Saudi Aramco confirms its new dividend plan, the EU backs CCUS projects, the latest on superconductivity hopes, and more
Lower costs and increased demand for quick-to-market LNG supply has made floating LNG an attractive proposition again
Attractive economics and the need for advantaged barrels bode well for future exploration
Over the course of just one year, US$6.6 billion of deals have culminated in the twelfth-largest oil-focused US E&P.
ExxonMobil announced the acquisition of Permian powerhouse Pioneer Natural Resources for US$64.5 billion. This is the largest upstream deal, in nominal terms, since Shell acquired BG for US$82 billion in 2015. Get our industry experts' top takeaways on the deal.
China’s regas terminals have progressed fast recently, supporting supply diversification. But low utilisation rates are challenging business models
From increasing M&A activity to supply wildcards, here’s the latest trends in upstream oil & gas
As demand for gas grows, it poses challenges for global climate goals. Suppliers will come under increased pressure to curb their emissions.
Billions of barrels of undeveloped hydrocarbons are being left on the shelf, but these old discoveries could be crucial to plugging the supply gap.
As the global population burgeons and the average standard of living increases through mid-century, how will our fragile climate and, indeed, humanity deal with the billions of tonnes of carbon and other emissions we produce each year?
European gas prices will remain volatile through the winter, but low gas demand could see 20% European gas price fall in summer 2024 compared to the current forward market.
Africa is blessed with abundant oil and gas resources but stands at a crossroads. The continent is yet to realise the full potential of its energy wealth.
Explore the pivotal role of LNG in global energy security & sustainable progress toward net-zero emissions through our new partnered reports.
Developing Africa’s huge natural gas reserves is essential for growing export revenues and supporting domestic economic growth.
Retail fuel markets in APAC are set for continued growth – and big oil is taking notice.
The CCUS landscape is evolving, and here’s a recap of some of our biggest learnings from the event.
Wood Mackenzie’s latest analysis shows 2020 is on track to be the quietest year for upstream transactions in the Asia Pacific region since the beginning of the 21st century.
On Wednesday, 18 November, the United States held its region-wide Gulf of Mexico (GoM) Lease Sale 256 and received 105 bids from 23 participating companies, with high bids totalling US$121 million.
The commissioning of the Trans Adriatic Pipeline's (TAP) initial 10 bcm per year capacity follows four and a half years of construction, EUR4.5 billion of capex and a variety of obstacles – especially in Italy, where the pipeline ends.
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