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President Joe Biden adds to the pressure on US gas exporters to consider climate impacts
Exploration in Western Australia has produced a result no one expected - a large commercial oil find, Australia's largest this century. The discovery is significant for block partners Quadrant and Carnarvon, but how they will monetise it remains to be seen. Senior Research Analyst for Oceania Upstream, Daniel Toleman, explores the options and outcomes.
The oil and gas sector bounceback is set to continue – but the positive outlook is tempered by concerns about its future in a decarbonising world. Find out how global trends could play out in your region in our 2022 Outlook series.
Countries including China and India want the climate talks to address unilateral measures such as the EU’s CBAM and the US Inflation Reduction Act.
Hurricanes are a fact of life in the Gulf of Mexico, and the energy industry has many decades of experience in managing the risks. But Hurricane Ida has been one of the most disruptive in recent years, and about 1.5 million barrels per day of US oil production is still offline. Increased rainfall and potentially higher wind speeds in future could further complicate the challenge of resilience.
Democratic presidential challengers have pledged to end fracking. That’s not a realistic aim, but their commitments are still significant. Get the latest from Ed Crooks, Vice-Chairman, Americas.
The plunge in European gas prices has led buyers to cancel cargoes from the US, and export plants are running well below full capacity
Already oversupplied, the global LNG market has come out of a mild winter straight into the headlock of a global pandemic that is impacting demand across the world’s major gas markets as rapidly as it is damaging their economies.
Could extractive companies co-invest or combine with oil and gas Majors to help unlock the energy transition?
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
The recovery in crude prices, taking WTI to over $70 a barrel, has meant that the cash flows coming in to US E&Ps have been soaring. But the industry’s response to these price signals, in terms of increased activity and production, has been much more cautious than has been typical over the past decade. Management teams have talked about strengthening balance sheets and returning cash to shareholders, and now they are delivering on those commitments.
Oil and gas prices have fallen following the ceasefire in the Israel-Iran conflict. Market fundamentals are regaining their influence
Discover how Trump's new environmental policies could reshape energy infrastructure and accelerate project approvals across the US.
2022 could see rising carbon prices, greater distributed solar capacity, tighter supply chains for renewable energy and a double-digit market share for EVs.
And after the 12 months we’ve all just experienced, making bold predictions for the year ahead is more fraught than ever: nothing is off the table.
US shale hits a turning point - oil output is stalling as prices fall short of sustaining growth. What does this mean for global markets?
Diamondback has warned of declining activity, but not every producer agrees
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.
The US tight oil industry is racing to boost recovery and reshape the future of shale - with new technologies, bold government targets and huge stakes for energy security
After years of deteriorating relations, the US and China have opened new paths for communication and cooperation on energy and climate.
China’s moves to restrict graphite exports are a concern for battery manufacturers worldwide. How serious is the threat?
After a tumultuous year, Ed looks ahead to 2023 with a selection of Wood Mackenzie analysts predictions
Passage of the Build Back Better Act is by no means certain, but if it passes, it could have a dramatic effect on the US solar industry, supercharging its growth.
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.
Two announcements this week showed the administration attempting to deliver on its promise that a key goal of climate policy is job creation.
Near-zero interest rates and higher oil prices have created ideal conditions for E&Ps to issue debt. Will the capital inflows enable them to ramp up activity faster?
Houthi militants have failed in recent attempts to hit targets in Saudi Arabia. But markets and governments are watching closely for a possible threat to oil supplies
Cheap gas and weak power demand have driven coal’s share of US power generation to its lowest since the 19th century. They are also accelerating its long-term downtrend
Earnings announcements from oil majors and utility groups this week have demonstrated the superior resilience of electricity businesses.
The most-watched US crude futures fell below zero on Monday, in a sign of the extreme conditions facing the industry
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