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The ExxonMobil Baytown Blue Hydrogen complex has announced major developments in recent months, rounded off by ADNOC taking a 35% stake in the project. The project – if developed – would become the world's largest blue hydrogen project, producing 0.9 million tonnes per annum (Mtpa) of blue hydrogen and 1 Mtpa of blue ammonia.
Despite tight budgets, new upstream investment across Asia-Pacific has never been more competitive as explorers refocus on acreage reload to reinvigorate portfolios.
We expect renewables to remain competitive, and while protectionism will rise, a full repeal of Inflation Reduction Act (IRA) is unlikely
Emerging regulations and mandatory reporting requirements are pushing the oil and gas industry to address the long-overlooked challenge of Scope 3 emissions.
As we come to the end of an eventful year for North American oil and gas, we highlight some of the ways Wood Mackenzie’s real-time data and analytics have helped our clients stay ahead of events that shaped the market in 2024
Qadirpur is a large gas field located in Pakistan's prolific Middle Indus Basin, close to the Mari gas field. The field also produces small volumes of condensate.Production capacity was increased in 2011 via a two-pronged strategy. Firstly, since 2008 OGDC has carried out an extensive drilling programme to enhance production. Secondly, an on-going large scale compression programme saw ...
The Kutei Basin represents Indonesia's largest Cenozoic basin. It spans onshore Kalimantan and ultra-deepwater areas in the Makassar Strait. Most future exploration will target offshore opportunities, focusing on the Shelf and Deepwater basin fan plays. The basin has delivered the highest resource volumes among Indonesian basins. However, value creation has underperformed expectations. Challenging…
Capital allocation trends for oil & gas companies and the top themes to look for from the Majors, NOCs, US Independents and International Independents in the year ahead.
Improving upstream sentiment comes at a time of high geopolitical tensions, and both supply and demand concerns. Near-term price weakness may belie longer-term market strength, setting 2025 up to be a year of mixed messages.
Will Asia Pacific's recent hot streak in attracting renewed interest from the Majors and other IOCs continue in 2025?
The Caspian upstream sector approached 2025 in need of a reset.
From the impact of 'Trump 2.0' to increased supply chain pressure, deepening gas deficits in Iraq, Iran and Egypt and exploration highlights.
The overarching theme for the US Lower 48 next year will be change. The question is: how much?
Asia Pacific had a year of continuous LNG demand recovery in 2024 - what will 2025 bring?
Due to ongoing volatility in the global oil markets, traders need prompt indication of changes in the market
Will deal flow increase in 2025? Who’s best placed to buy and sell? Read our predictions for global upstream mergers and acquisitions for the year ahead.
Our pick of the themes that will shape exploration for both oil & gas and geothermal resources in 2025 – plus, the wells to watch, including those that will target frontier basins and underexplored plays.
In this video, we dive into Wood Mackenzie’s Lens Upstream, a key tool in our Lens suite, to examine Cyprus’ role in East Mediterranean gas dynamics and assess how its assets fit into the Majors’ portfolios. We also visualise the LNG market impact of these deals and identify the key beneficiaries.
In this exclusive video, we explore the impact of shifting tariff policies on costs, activity, and company behaviour across the U.S. Lower 48 and Gulf of Mexico.
Our new partnered report with CME Group explores why U.S. LNG pricing matters globally – and what it means for commodity traders around the world.
Our Global Upstream Update presents timely analysis of key industry topics from our regional experts situated around the world.
Pinpoint opportunities with Wood Mackenzie’s Lens Subsurface tool.
Evaluating Talos' high-impact find using Lens Subsurface and our new Prospect Valuation module
A healthy project pipeline, strong policy support, plentiful funding and a surge in drilling signal ongoing market growth.
From the Majors to OPEC+ … and the key topics in between.
Europe and Asia hit hardest in the global ethylene downcycle
A 10-year technical exploration of untapped Cretaceous plays in frontier areas and mature basins has seen a success rate of over 50% - much higher than the global average.
Learning how to do more with existing oil fields to meet future demand
Watch to learn more about Petronas’s recent LNG deals, its contracting positions and how you can use Lens Gas & LNG to value its LNG assets.
Our experts outline the latest developments in upstream.
From surprise outages to shifting trade flows, here are the five moments that defined global gas trading in 2025.
Four critical fiscal trends will influence upstream petroleum investment in the year ahead
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