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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.
Buoyant US oil and gas exports can only be a partial solution to the deficits targeted by the Trump administration
Technological innovation could shift challenging economics, accelerate net zero ambitions and create a world-class CCUS industry on the UK Continental Shelf.
Offshore driller Ensco is poised to buy smaller rival Rowan in an all-stock deal valued at $2.38 billion.
With the recent rise oil prices, operators have been adding rigs and ramping up completions in the Permian Basin – the largest and most important source of oil supply growth in the world. However, persistent operational water challenges present a material risk to companies' future profitability and production.
This slide-pack provides a quick summary of the key issues and themes for Norway. It complements our more detailed upstream summary. Europe’s largest producer will produce 4.1 million boe/d in 2026, maintaining supply at this level since 2024. Maintaining plateau and slowing decline rates post-2026 will be the challenge. Please refer to the main upstream summary for a detailed description of…
Argentina's Vaca Muerta shale play is experiencing a transformative period driven by major pipeline infrastructure developments and favourable policy reforms. However, the region faces a critical mismatch between expanding evacuation capacity and production capabilities. In December 2025, we spent five days in Argentina gathering notes and capturing local learnings to incorporate into our models…
We touched on a number of issues this year with our new thought-leadership series. Post-COP26, it's time to review the articles and put them in recent context.
War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict, a rewriting of energy trade flows is now underway.
How will Eni adapt to achieve its ambitious emissions deadlines? What role will exploration play in a low-carbon future?
We've seen record wholesale gas prices over the past month. But this masks the bigger question - is there enough gas to meet european demand this winter?
For the global and regional energy sector, Kazakhstan’s stability matters. What are the short- and long-term consequences of recent events?
As fears mount over gas and electricity shortages in New South Wales and Victoria, one producer bluntly told me: “Folks in Melbourne better get used to cold showers.”
What can we learn from the performance of recent projects?
Are there longer-term opportunities for unconventional exploration and appraisal as Europe diversifies away from Russian gas?
After exploring the current crisis and taking a deeper look into Asia’s energy transition, Gavin Thompson gives his take on the five key themes that are shaping the future of energy and natural resources across Asia Pacific.
Norway has responded to calls to raise output and has an opportunity to grow and consolidate its position as a super basin of the future – but there are headwinds.
Investment allowances and a new licensing round could boost activity – if willing explorers can be found. Embracing the UK’s potential as an energy super basin is crucial.
After decades with Houston at the heart of the US Gulf Coast crude value chain, shifting legislation and trade flows have brought about change.
The upstream oil and gas industry continues the push to decarbonise production but faces increasing regulatory uncertainty
Supply, demand and investment themes to watch in Europe’s upstream oil and gas sector outlook
From the Netherlands to Cyprus, we cover the big themes in 2024 for Continental Europe's upstream sector.
From Central Asia to Azerbaijan, will the Caspian sector seize upstream opportunities?
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
The Caspian upstream sector approached 2025 in need of a reset.
The overarching theme for the US Lower 48 next year will be change. The question is: how much?
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.
Next generation technology is opening up a new world of opportunities for this established energy resource
Evaluating Talos' high-impact find using Lens Subsurface and our new Prospect Valuation module
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.
Four critical fiscal trends will influence upstream petroleum investment in the year ahead
We’ve identified a potential US$32 billion worth of assets that could change hands in the next few years. Many of these deals are long in the planning and reflect wider trends in the Australian and global upstream sectors. We’ve bucketed our pick of the deals into three key themes.
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