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Upstream oil and gas reports
The Majors: positioning in low-carbon energy
The Majors have stepped up new energy growth over the last year. In renewable power alone, capacity has jumped by 95% or 40 GW. More investment is ...
The next decade of OPEC+ oil growth
In an uncertain investment environment, and with many IOCs strategically constrained, there is a sense of growing reliance on OPEC+ to deliver oil ...
The Petroleum Industry Act: a gamechanger for Nigeria’s upstream?
On 28 October 2021, Wood Mackenzie presented our analysis of the PIA fiscal terms. The PIA sets the fiscal terms for Nigeria's upstream sector thro...
The race for West Siberia’s last giant greenfield heats up
After multiple delays, Russia will auction the giant Erginskoye field on 12 July 2017. Past auctions show that the price can increase rapidly and c...
The Russian Majors sit pretty at US$60bbl
In this slide-pack, we analyse the three largest Russian oil and gas producers - Gazprom, Rosneft and LUKOIL - and look at their positioning in the...
Caspian upstream 2016 in review: a headline-grabbing year
The low oil price made 2016 a challenging year for economies and currencies dependent on hydrocarbon exports. The low oil price weakened foreign ex...
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