Ten key considerations for oil & gas 2025 planning

• 03 10月 2024

As we enter the 2025 corporate planning season, oil and gas firms are faced with significant choices. What represents the right balance between investment and rewarding shareholders? And how much capital should be allocated to low-carbon activities versus to traditional hydrocarbons? 

Iraq aims to ramp up oil and gas output

• 16 8月 2024

Iraq’s upstream sector is undergoing rapid change, with an increasingly diverse corporate ecosystem, and significant investment being funneled into boosting oil and gas production. That said, crucial infrastructure issues still need to be overcome, and a lack of exploration activity remain a challenge. Iraq’s gas output could more than double by 2030 to reach 4.4 bcfd and oil output could hit 5.5 million b/d, in that same time frame, according to the report “Iraq’s upstream opportunities: a review” from Wood Mackenzie.

Global upstream update: UK fiscal woes, Major exploration and Latin American promise

• 26 8月 2024

From gas opportunities to supply-chain relationships and deepwater exploration, our global update covers key industry developments.

Can CO2 utilisation drive increased carbon capture?

• 28 8月 2024

Carbon dioxide utilisation could bolster carbon capture economics, but there are major obstacles

Three factors driving US liquids production to new heights

• 05 9月 2024

Our US upstream team identify three drivers of the US’ ascent to the top of the global supply league table and why it’s now the main growth engine for three of the four largest Majors.

Webinar | Carbon offsets: How to realise value in the net zero transition

• 06 6月 2024

Offshore influence: redefining the competitive landscape

• 19 8月 2024

The corporate landscape of the subsea market has changed drastically over the last decade. A new wave of consolidation emerged in 2015, which forced operators to focus on two priorities – reducing costs and improving efficiency.

Enhanced oil recovery with captured CO2: insights on CCS-EOR

• 26 7月 2024

As CO2 to dedicated sequestration (CCS-Storage) rises in popularity, captured CO2 for enhanced oil recovery (CCS-EOR) falls out of favour. What does the future look like in the world of carbon capture technologies?

Permitting reform plans raise hopes for accelerated investment in US infrastructure

• 06 8月 2024

Senator Joe Manchin is facing one last job before leaving Congress: passing legislation that could transform the outlook for energy investment in the US. His permitting reform bill aims to realise the potential of the Inflation Reduction Act.

2024 tight oil costs: the push and pull between efficiency and OFS rates

• 24 7月 2024

Are efficiency gains enough to offset price inflation?

Climate transition plans: time for companies to take action

• 24 7月 2024

The need for a comprehensive and credible climate transition plan is growing – companies must take note.

Is it time for a global climate bank?

• 18 7月 2024

Financing any aspect of the energy transition is tough. Funding the developing world’s transition, a topic central to the first Global Energy Transition Congress in Milan two weeks ago, is one of the most complex challenges that must be overcome in tackling climate change.

Can ExxonMobil make attractive returns from its US CCUS portfolio?

• 21 6月 2024

We analyse whether ExxonMobil's CCUS projects in the US can compete for capital in its portfolio

Artificial intelligence and the future of energy

• 27 6月 2024

Artificial Intelligence is the next big thing in energy, dominating discussions at all levels in companies, banks, investment funds and governments. Prakash Sharma and I asked WoodMac’s experts what role AI might play in the energy and resources sectors and where the greatest opportunities and risks are.

More running room in Lower 48 efficiencies?

• 19 6月 2024

Leaner, faster operations have helped US liquids production reach new highs, while spending stays in check.

ConocoPhillips acquisition of Marathon Oil creates third largest producer in the US Lower 48, says Wood Mackenzie

• 30 5月 2024

Addressing ConocoPhillips (COP) acquisition of Marathon Oil (MRO) in an all-stock transaction valued at US$22.5B, Alex Beeker, research director, corporate research for Wood Mackenzie said, “The addition of Marathon further solidifies ConocoPhillips in a league of its own, with few true peers. For ConocoPhillips, this is a diversified and balanced move across multiple geographies.”

OPEC+ plans to boost oil production

• 07 6月 2024

The OPEC+ countries are taking on the delicate task of trying to raise oil production without crashing the market. They are starting cautiously, but the global economic outlook holds plenty of downside risks for demand and prices.

What’s in store for gas and LNG in Europe?

• 18 6月 2024

An overview of market balances, the price outlook and risks for European gas and LNG through 2026

A two-decade decline in exploration is driving the need for carbon neutral investment in Australia’s upstream sector

• 27 5月 2024

A turbulent period of change has seen many legal and fiscal changes as Australia tries to balance its gas and energy transition strategy

The energy transition in the upstream oil & gas sector: a reality check?

• 05 6月 2024

Geopolitical, financial and technical headwinds have slowed energy transition progress, but ever-tighter climate regulation continues to drive change.

Rebooting Asia’s energy transition

• 16 5月 2024

Last week in Singapore, sector leaders, including CEOs, took to the stage for Wood Mackenzie’s 6th APAC Energy and Natural Resources Summit. The theme was ‘Rebooting Asia’s energy transition’.

World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

• 02 5月 2024

A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.

Counting carbon: how to set oil and gas industry emissions targets

• 13 4月 2021

Oil and gas firms are increasingly committing to emissions-reduction goals, but their scope and methodologies vary. How can the industry set standardised, meaningful targets that support the energy transition and enable investors to assess risk?

Wood Mackenzie's accelerated energy transition 2-degree scenario: what it means for gas and LNG

• 09 4月 2021

How could a 2-degree world play out in the future for the global gas and LNG markets?

The hunt for advantaged oil

• 30 3月 2021

Oil and gas will continue to play a key role in the world’s energy mix for decades to come. But as the energy transition takes hold only the barrels with the strongest economics and lowest carbon emissions will make it to market. Which subsurface factors could point to the optimal reservoirs and an opportunity to seize an advantage?

Australia’s gas conundrum

• 19 3月 2021

While it may well claim the crown of world’s largest LNG exporter in 2021, Australia faces rising problems with its gas.

US tight oil – the investment dilemma

• 05 3月 2021

US Lower 48 Independents’ finances are looking rosier as capital discipline and higher oil prices work their magic. Will a cash flow bonanza lead to more drilling?

Will oil companies start spending again?

• 26 2月 2021

The oil and gas sector is bouncing back strong. After savaging costs and spend in response to last year's crisis, and with Brent soaring over US$65/bbl, we expect a resurgence of upstream cash generation in 2021. How much free cash flow will the sector generate? What will companies do with it?

Asian buyers stay cool as US LNG hit by the deep freeze

• 24 2月 2021

So, when freezing conditions hit the southern US last week, resulting in feedgas into LNG plants collapsing from above 10 bcfd to just below 2 bcfd, and with some Texas price markers soaring north of US$400/mmbtu, anxiety levels should have been rising.

Could oil Majors and Independents generate record free cash flow this year?

• 25 2月 2021

IOCs have just been through one of their toughest ever years. But the sector is primed for a V-shaped free cash flow recovery, potentially to record levels. What’s fuelling the shift in fortunes, and how will it shape corporate priorities?