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A new year, a new decade and a lot of uncertainty across Asia’s energy markets. To kick off 2020 I spoke to several WoodMac analysts in the region to hear their predictions for the coming 12 months. I hope their thinking might surprise you!
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.
A handful of assets account for almost a third of the Majors’ upstream carbon emissions – and that presents an opportunity for rapid progress against emissions targets.
Gas will play a vital role in Asia’s fight against air pollution, and in meeting its future energy demand. But with its environmental impact under new scrutiny, is it time for LNG to get greener?
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.
A year since the much-anticipated Convention on the Legal Status of the Caspian Sea was signed, how much has changed?
Listen to the latest episode of Crude For Thought: Notes from URTeC and our views on development cubes and in-basin sand
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.
Chevron walked away from its bid for Anadarko, but it is still in an enviable position. What will the Supermajor do next? Analysis by Tom Ellacott.
After an extremely challenging few years, could there be light at the end of the tunnel for the upstream supply chain? Read on to find out more about an industry desperately playing catch up.
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.
What's in store for the upstream oil and gas industry in the Middle East and North Africa? Find out what projects and regions our MENA upstream will be watching closely in 2019.
The exploration industry has fought its way back to profitability, and is now keen to stay there. How are explorers going to stay in the black in 2019? Here are 5 things to look out for.
Things are looking up for exploration as we start to see a long overdue return to profitability - for those companies still in the game. In the final part of our mini-series accompanying his presentation at EAGE in Copenhagen, Andy Latham takes stock of the great successes of late.
As the wounds from not too long ago start to heal, the industry remains cautious. Every dollar spent is expected to work harder than ever before. With less than one dollar in ten of upstream investment going to exploration, which strategies will the industry follow when allocating their budgets to ensure the best possible return?
One of the first signs we have seen of a recovering offshore market and improving financial health has been in the harsh environment rig market...
US tight oil has arrived with a bang, disrupting the oil market. But can conventional oil projects compete? Our latest report looks at where tight oil and other pre-FID conventional projects sit on the global cost curve.
We look at the results of our third annual Global Upstream Cost Survey
Upstream corporate growth is threatened by chronic underspend. What factors are influencing spending? And what's the growth factor the industry needs? Tom Ellacott and Norman Valentine analyse the lack of investment and its impact on long-term outlooks for oil majors.
NAPE 2017 was a great show, and optimism is back in the oil patch.
At the 2017 DUG Permian Conference, three main themes stood out.
At the start of the year, we predicted that around 20 to 25 major new upstream projects would be sanctioned in 2017, roughly double the score for 2016. So, as we approach the year’s halfway mark, how is our forecast faring?
The fact is that the industry faces a structural cost problem which was easy to hide in the days of US$100 oil but less so today.
The dramatic fall in oil prices has forced the industry to look hard at capex plans and the efficiency of operating assets and functions, with significant downward pressure on rates.
Governments are telling the oil companies that they need to ‘do a Leicester’. That is, maintain (or even improve on) their best performance — investment, production — but at a fraction of the cost.
The company is taking a gloomier view of oil and gas prices over the next few years, prompting a writedown in asset values of up to $22 billion after tax
I asked our experts what they believe governments and companies should be doing to ensure that they emerge stronger from the crisis.
Campaigners against pipelines scored three notable successes this week. Their victories show challenges are mounting for pipeline operators
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?
Make no mistake, China is the world’s most important gas market. Why? Because today, as demand stalls in so many parts of the world, China is the engine of global gas growth.
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