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At the workshop, representatives from both CNPC and Sinopec shared progress updates on their shale gas projects.
Declining legacy production and growing demand creates a window of opportunity for the right players.
As the price of oil creeps up, are upstream companies primed to ramp up activity?
We present five of our predictions for 2017, focusing on the US upstream industry.
On Monday 9th March 2020, the oil price saw its biggest fall in 30 years. Here’s our analysts’ rapid response to the oil price crash. Look out for more detailed analysis in the days and weeks to come.
The Ham Rong, Yen Tu and Thai Binh discoveries are located in the Song Hong Basin, offshore northern Vietnam. The fields consist of oil and gas held within Miocene and carbonate basement reservoirs. In August 2010, operator Petronas Carigali declared the Ham Rong oil field commercial. In June 2013, Petronas Carigali gained approval from the Vietnamese government for an early production system…
Grane is a heavy oil field located between the Johan Sverdrup and Heimdal oil fields in the central part of the Norwegian North Sea. The field has been developed using a fixed steel integrated processing, drilling and accommodation platform. Breidablikk is a subsea tie-back development to the Grane platform 10 kilometres to the northeast. The project includes the Grane D and F discoveries.
Listen to a recent webinar where our Lower 48 oil and gas analysts discuss financial health in the tight oil sector and ask which companies are at risk.
Financial services industries have been relying on consortiums for decades to get the most out of their data. What began as a way to streamline data now informs industry best practice.
What's the role for the exploration industry as the energy transition takes long-term oil growth off the agenda? Andrew Latham, vice president of global exploration, asks if there's room for explorers in a low-carbon future in this new report. Fill in the form to get your complimentary copy.
The world will rely on oil and gas for much of its energy needs until well beyond 2040. Exploration will be critical in meeting this future demand. Yet exploration is widely perceived as discretionary, even unwarranted. Read on to learn more about exploration’s surprising role in a low carbon future.
We plot the Independents' journey to 2050: consolidation, privatisation, liquidation.
In this episode of the MENA in Brief podcast, Ian Thom and his expert guests look at 2019 in review, and share their view on what lies ahead in 2020.
In this episode of the Middle East and North Africa In Brief podcast, Ian Thom, Stewart Williams, Tor Soltvedt and Norman Valentine discuss the attack on Saudi Arabia's oil facilities in September.
The years between 2012 and 2018 saw frenetic M&A activity in the UK North Sea. Our team of North Sea analysts looked back at the 55 biggest deals announced during that period to learn how value was created.
Will Asia Pacific's upstream sector finally emerge from the downturn in 2019? Angus Rodger and the APAC upstream oil and gas team look at 5 signs of recovery.
At the 2017 DUG Permian Conference, three main themes stood out.
Fast, deep cuts lie ahead in the Asia Pacific upstream sector in the wake of the oil price crash.
How confident are you that your oil and gas supply chain can withstand the impact of novel coronavirus?
The risk of a second wave of lockdowns is mounting, and with it the risk of an even deeper global recession. What would this mean for oil and gas market dynamics? And what are the implications for industry stakeholders?
With price volatility in the oil and gas industry looking increasingly endemic, financial flexibility is more crucial than ever. Wood Mackenzie has created its inaugural North Sea Financial Flexibility Index (FFI) to determine which companies are best placed to survive – and thrive – in the North Sea.
The year ahead will shape the role of gas in the energy transition. Read our predictions for the top five global trends for gas and LNG, and how they could play out in Europe, North America and Southeast Asia.
When President Xi Jinping spoke of the risks of ‘tech wars’ at the World Economic Forum’s virtual Davos Agenda event on Monday, there was little doubt who he was aiming at. At a White House briefing later that day, press secretary Jen Psaki stated that “Technology is of course at the centre of US-China competition.”
Using our Lens platform, we've analysed the potential joint venture between Eni and bp in Angola
With all eyes on Scotland for COP26 there is an unparalleled opportunity for bold action. Momentum behind a net zero hub could have an outsized impact on the UK’s energy transition.
Upstream mergers and acquisition deal flow could hit a multi-year high in 2022 – if commodity prices hold steady. Read our full set of predictions in ‘Global upstream M&A: 5 things to look for in 2022’.
China is also committed to achieving net-zero emissions by 2060. Could Russia’s ambition to rotate the direction of its energy exports through 180 degrees flounder on China’s decarbonisation?
Inspiring women from the world of upstream exploration provide actionable advice for any career stage.
A growing number of the world’s major banks, asset managers, and insurers are signatories to the GFANZ, aligning behind the goals of the Paris Agreement. To access capital, oil and gas companies must meet tightening climate criteria adopted by many of the world’s leading financial institutions.
The UK has announced plans to become a net energy exporter by 2040. This includes lifting the 2019 ban on hydraulic fracturing in unconventional shale plays in England.
Europe is replacing its lost imports from Russia with LNG. The shift is putting its gas infrastructure under strain.
In the build up to COP27, countries around the world made pledges to reach net zero around the middle of the century. How are they all faring on those pledges and is the world is on track for a 1.5c pathway?
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