Insight
Global Upstream Update: the biggest issues in upstream revisited – February 2023
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Global Upstream Update is a regular Insight produced for global clients. In this special one-off edition, we look at some of the most impactful issues which affected the industry in 2022, how these have evolved and what to expect next. This includes: Windfall interventions: from new taxes to price caps, the impacts have been felt globally. You’d be a fool to bet against more action to come. Upstream 2.0: 2022 was a noticeable inflection point for Scope 1 and 2 emissions intensity. But absolute emissions continue to rise as demand recovers. Energy security: energy importing countries have scrambled for supply, asking domestic industries what’s achievable in the near-term, and asking us for a view on non-Russian OPEC+ supply growth in the medium to longer-term. Inflation and execution risks: as if the continuing spectre of supply chain margin expansion wasn’t enough, the limitations of labour and equipment is impacting execution and deliverability in global hotspots.
Table of contents
- Executive summary
- Catch up on previous editions
- Chart of the moment
Tables and charts
This report includes the following images and tables:
-
Upstream emissions and investment outlook
What's included
This report contains:
Other reports you may be interested in
Asset Report
Damis (Block S1)
The Damis contract area is located adjacent to the Jannah contract area, in the Sab'atyun Basin, central Yemen.
$3,720
Asset Report
PEL 104 and PEL 111
PEL 104 and 111 is an oil development located on the northwestern flank of South Australia's Cooper/Eromanga Basin.
$3,720
Insight
Global Upstream Update: the biggest issues in upstream revisited – February 2024
Key themes: supply surprises, capital discipline and M&A rollercoasters
$1,350
