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With energy security in the spotlight, upstream activity is increasing. But there are headwinds from corporate discipline, inflation and development uncertainties, which include supply chain bottlenecks. Join our webinar as our experts discuss Upstream Europe and the North Sea.
The Delaware Wolfcamp has been the focus of much of the increase in Lower 48 drilling activity in the past eighteen months. While breakevens continue to trend down and the play has attracted a number of new entrants, there are clear signs that growth is plateauing. Is tight oil's crown jewel losing some of its shine?
Covid-19 and the oil price crash sent shockwaves through the oil market in 2020. How will continuing uncertainty affect global demand, supply and refining in 2021?
Federal actions have put the comparative emissions performance of the prolific US Gulf of Mexico under the spotlight.
Join The Energy Gang for a Thanksgiving special! Toby and Danny Rice debate the role of natural gas in our quest for cleaner energy. Is it a solution or a compromise?
The Gulf Coast region includes the prolific Eagle Ford and Haynesville shales. The Austin Chalk and Cotton Valley reservoirs provide upside to these two plays respectively. The region is also home to the Barnett, where unconventional development began in the early 2000s. Gulf Coast developments benefit from proximity to export markets on the Gulf of Mexico. We use our Lens L48 dataset to outline…
The Yaran field is located 95 kilometres west of Ahvaz and adjacent to the Iraqi border. The field is shared with Iraq, where it is known as Majnoon field. Yaran has estimated oil in place of 1.6 billion barrels across two separate projects - Yaran North and Yaran South. This report covers the development of Yaran North Phase 1. The field belongs to the National Iranian Oil Company (NIOC), and its…
What makes some oil plays more valuable than others? The answer: big discoveries in excellent reservoirs that are cheap to exploit. Few places on earth do all three. Brazil does. Simon Flowers visits this global hotspot.
Wood Mackenzie, releases its Global gas and LNG – 6 things to watch for in 2022 report.
The Texas port of Corpus Christi is set to emerge as the top crude oil export hub in the US over the next decade, reflecting major investments in shipping facilities and pipeline infrastructure, according to new research from Wood Mackenzie's North America Crude Markets Service.
BP confirmed today that it picked up over 40% stake in the Asian Renewable Energy Hub project to produce and export green hydrogen in Australia.
Competition is fierce and struggling Asian refiners must now take full advantage of the abundant crude options to maximise their margins.
How does the region move rapidly towards a pathway to decarbonisation in line with Paris Agreement goals, while ensuring continued economic growth and competitiveness?
Wood Mackenzie has identified the five most likely disposal candidates after ExxonMobil signalled the start of its Asia Pacific divestment programme. Together, these opportunities are worth US$5 billion, and could contribute a third of the Supermajor's global divestment target.
Effective carbon pricing is essential to achieve the emissions reductions required by the Paris Agreement. COP26 could be vital for global emissions trading.
The Majors have focused investment in nine areas of energy transition technology
Driven by coal-to-gas switching and a need to underpin renewables generation, Asian gas demand will almost double by 2050. We examine the boom with Lens.
With a new Trump administration set to steer US energy policy, what changes lie ahead for energy? Join Ed Crooks and expert guests as they break down the impacts on energy policy, renewables and the Inflation Reduction Act.
Upstream and geothermal exploration: deepwater wildcats, acreage additions, advantaged basins and unlocking geothermal resources.
What has changed in the last 7 months, and what challenges lie ahead for Canada?
President Trump seeks to rescue pipeline builders from permitting purgatory
On the eve of Gastech, Qatar has grabbed headlines with a plan to grab more long-term LNG market share.
“It’s not easy, but it’s feasible” was the verdict of EU climate chief Frans Timmermans as the bloc announced its ambitious goal of reducing imports of Russian gas by around two thirds this year. With this implying something in the order of 100 bcm of supply, we do not share Mr Timmermans’ optimism.
With future oil and gas demand highly uncertain, advantaged resources with the lowest costs, lowest carbon emissions and best economics stand the greatest chance of being commercialised. The Middle East won the geological lottery, but how does it fare on other fronts?
With significant changes already underway for global crude trade, what will this mean for the industry in Asia?.
Wood Mackenzie report offers five key developments for the energy sector over the next 12 months
What role do cities play in driving the energy transition? Find out in this complimentary report from Alan Gelder, VP of Refining, Chemicals & Oil Markets.
Last week, Japan’s Ministry of Economy, Trade and Industry (METI) released a draft of its upcoming 6th Strategic Energy Plan which included major changes to the FY2030 power generation mix targets.
Halting the pandemic and rebuilding economies are the most urgent goals for the immediate future. Wood Mackenzie estimates that almost US$20 trillion – equivalent to a quarter of global GDP – will go towards stimulus packages, public health spending and delivering a vaccine over the next 12-18 months alone.
'Business as usual’ is incompatible with net zero ambitions
The near-term impact of the coronavirus outbreak on oil demand remains uncertain as much depends upon when and how China’s manufacturing industry restarts after the currently extended Lunar New Year public holiday.
On the podcast we explore how traditional super basins can and must transition to new ‘energy super basins’; a mix of plentiful renewable electricity, established oil and gas resources and hub-scale CCS.
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