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Business leaders see confidence in Australia’s investment climate at risk.
Clearly, economic and oil price recovery remains at risk. How much upstream capital will NOCs, Majors, IOCs and regional players allocate to Asia Pacific in this environment?
TransCanada receives regulatory approval from the Nebraska Public Service Commission to proceed with building its Keystone XL pipeline after almost a decade of environmental and regulatory hurdles.
New discoveries make the Orange Sub-basin the world’s hottest oil and gas exploration play
As COP26 approaches, pressure on India to commit to net zero is increasing. Global action on climate change is firmly at the top of the political agenda.
On 26 November, UK government published its North Sea Future Plan following a consultation earlier this year. The government wants the North Sea to be an internationally-leading offshore clean energy industry, which ensures long-term jobs, growth and investment alongside a sustainable transition in oil and gas. The government will no longer issue any new licences in the North Sea, but existing…
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…
From gas opportunities to supply-chain relationships and deepwater exploration, our global update covers key industry developments.
The future course of North America Power & Renewable markets is being molded by an ongoing transformation of the energy industry. The sector now serves as the central conduit to decarbonize the energy sector via electrification of fossil-based technology sources like transport and large scale renewable use for power generation. Register to join Wood Mackenzie’s power analysts on Thursday, December 5 at 10 a.m. CT for a discussion on key themes shaping the industry in the near and long-term, including: • Transitioning from fossil fuels to renewable energy • The declining costs of renewable energy and battery storage technologies • The energy transition between coal and natural gas • Is the shift away from traditional baseload supply straining the existing generation fleet? • As coal retires in PJM, why aren’t renewables filling the vacuum?
After a spectacular rise, Tesla’s shares have been on a downward trend this month. The company’s fundamental prospects still look good
The CCUS landscape is evolving, and here’s a recap of some of our biggest learnings from the event.
Cyprus has been a bright spot for exploration over the last 7 years, with a string of giant gas discoveries. We estimate a total of 11 tcf of recoverable gas resource has been found. Can these be commercialised?
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’.
It’s shaping up to be a turbulent year for national oil companies (NOCs), Independents and Majors alike, with potentially significant shifts in strategic playbooks.
Corporate Analysis insights on how the Majors are reshaping portfolios and finances to secure production and returns over the next decade
Could lower gas prices restore European industrial competitiveness, or will policy, regulation and security of supply issues get in the way?
Heat pumps are proven zero-carbon technology that could displace fossil fuel systems in the home. How do they work? What are the economic challenges to scale up for the mass market? How is policy shaping up to incentivise switching? How much gas demand is at risk and when? Find out in this week's Edge.
In our latest Global Upstream Update, we explore the latest industry developments, reflect on their broader energy market impact, and consider what could happen next.
From increasing M&A activity to supply wildcards, here’s the latest trends in upstream oil & gas
A host of senior leaders joined our virtual Global Energy Summit last week to discuss the commodity supercycle, investment, business models and net zero
The US/Israeli strike on Iran's leadership raises geopolitical tension to heights reminiscent of Russia's invasion of Ukraine four years ago.
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 vast majority of savings in the offshore sectors have been cyclical — via cheaper rigs and services — rather than due to structural changes, which are more important but much harder to implement.
Behind the numbers: exploring the latest winter gas production rise.
The coronavirus outbreak has derailed OPEC+, thrown the oil market into turmoil and sent an already unloved sector into freefall. What are the implications?
There is little doubt the Beijing 2022 organisers have gone to great lengths to achieve carbon neutrality, but does it actually matter?
The 2020 oil price crash is very different from the 2015 crash. Supply chain leaders will need to consider their contingency plans.
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