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The upstream service sector is under pressure to increase efficiency, reduce costs and abate carbon emissions. It calls for rapid structural change and commitment to a new strategic direction.
For the global and regional energy sector, Kazakhstan’s stability matters. What are the short- and long-term consequences of recent events?
Cost efficiency is the key. Longer-term, around US$400 billion is required annually in real terms. Resource-holding NOC's share of global spend is increasing and energy transition risks are growing.
We benchmark the major oil and gas projects seeking FID in 2022 on economics and emissions metrics
Unrivalled real-time intelligence on biofuels production across the US and Europe.
Constraints including investor expectations and equipment shortages mean growth has been steady, not rapid.
On this Horizons Live replay, we look at the scale of the oil and gas industry’s methane challenge, how technological improvements can help and what companies and governments must do to resolve it.
The results of the 22 edition of our annual Future of Exploration survey are in.
Wood Mackenzie experts investigate Canadian Natural Resources' upstream portfolio, exploring how the company stacks up against other large North American producers, what's driving the C$100 billion market valuation, future opportunities, and potential risks.
As fears mount over gas and electricity shortages in New South Wales and Victoria, one producer bluntly told me: “Folks in Melbourne better get used to cold showers.”
Financial institutions will redirect capital towards companies with robust and credible plans to reduce emissions. Oil and gas will be under increasing pressure to cover all scopes of emissions.
NOCs hold two thirds of global remaining resources – how is their attitude to exploration changing with the energy transition?
What a Republican mid-term victory could mean for US energy and climate policy.
What can we learn from the performance of recent projects?
Are there longer-term opportunities for unconventional exploration and appraisal as Europe diversifies away from Russian gas?
The crisis has demonstrated the urgent need to boost supplies of all types of energy.
What competitive advantages do oil and gas companies have to reduce global emissions as part of the energy transition?
After exploring the current crisis and taking a deeper look into Asia’s energy transition, Gavin Thompson gives his take on the five key themes that are shaping the future of energy and natural resources across Asia Pacific.
Norway has responded to calls to raise output and has an opportunity to grow and consolidate its position as a super basin of the future – but there are headwinds.
Can the hosts make good on their accelerated energy transition goal?
COP27 in Egypt focused on short-term decarbonisation goals and dialogue between developed and developing nations.
Investment allowances and a new licensing round could boost activity – if willing explorers can be found. Embracing the UK’s potential as an energy super basin is crucial.
Reviewing scope 1, 2 and 3 emissions for oil and gas fields around the world.
What’s the emissions intensity of the North Sea upstream sector – and who can drive change?
The energy crisis will give rise to new opportunities for Majors, Independents and NOCs in 2023 – but operators will also face numerous headwinds and an uncertain outlook.
Read our predictions of the global upstream trends to watch – and how they could play out in your region.
The gas industry found itself at the epicentre of the energy crisis in 2022, with far-reaching implications. What twists and turns will 2023 bring to this global story?
Balancing climate goals with demands for cheap energy is not easy. The administration is under attack for favoring increased US oil supply
After decades with Houston at the heart of the US Gulf Coast crude value chain, shifting legislation and trade flows have brought about change.
A better understanding of carbon capture, utilisation and storage (CCUS) costs is needed before the technology can become a commercial reality on a truly global scale.
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