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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.
Analysing the potential of Rosebank and Cambo fields as part of the UK’s development of oil and gas resources in the North Sea.
How can deepwater rig companies turn current weaknesses and threats into strengths and opportunities?
What made Germany’s 7 GW offshore wind tender so attractive – and what does it mean for other governments?
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
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.
Upstream will play a crucial role in developing clean energy. Policy needs to support this, as well as foster a favourable environment for decarbonisation technologies.
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.
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.
Can Colombia address social inequalities and drive growth while embracing the energy transition?
A restart to Iraqi oil exports via Turkey is more than just a pipedream, but obstacles remain.
Wide-ranging opportunities mean expectations for the future of oil and gas in the region are sky-high. But can they be met?
Current hot topics include efficiency challenges in the US Lower 48, changing corporate landscape in Nigeria and Russia’s energy alignment with China
Fiscal and political uncertainty will weigh on the UK upstream sector, Norway will continue to grow and Denmark will ramp up gas production.
With COP28 recently completed in the UAE, there is elevated interest in progressing diverse clean energy strategies in the MENA region.
Deepwater growth will continue to be a dominant theme in Latin America.
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