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The attack on Saudi Arabia’s oil infrastructure took out over 5% of global oil supply and temporarily pushed up prices by 20%. What does the attack say about the security of oil’s supply chain?
The global upstream fundamentals for 2019 are encouraging, despite recent price volatility. Angus Rodgers explains why in this look ahead at five big themes in upstream oil and gas in 2019.
We've had the best year for the oil and gas industry for some time: KPIs have turned positive. Brent looks set to end 2017 over US$60/bbl, up 40% from the summer lows.
The 2020 collapse in oil price hasn’t just killed tight oil’s growth, it smashed volumes down in the space of just a few months. The big question is whether it will ever return to a growth path.
What opportunities, challenges and risks does the world of energy and natural resources face in 2024? Our experts share their thoughts.
Although the Presidency does not officially begin until January 20th 2017, the dearth of concrete policy proposals leaves a high level of uncertainty around the priorities of a Trump administration.
As demand collapses, how will the market deal with oversupply? Find out in this week's Edge.
For the global and regional energy sector, Kazakhstan’s stability matters. What are the short- and long-term consequences of recent events?
ADIPEC will take place from 4-7 November in Abu Dhabi. The event will focus on the role of energy in driving a comprehensive transformation that benefits people, the planet, and our collective prosperity.
Will the effect of coronavirus be more lasting for demand or supply? Will the oil price be lower-for-longer? Or, if demand recovers, could the sharp reduction in upstream investment lead to a tighter market and higher prices? Find out more in this week's Edge.
Competition is fierce and struggling Asian refiners must now take full advantage of the abundant crude options to maximise their margins.
The second half of 2018 was a very challenging time for refining. This weak commercial performance was due to a whole host of adverse market developments. Are these developments temporary or are they here to stay?
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.
As winter 2023 comes to an end in the US, read about some of the key gas production and pricing updates from the last quarter
Recent events have created a perfect storm in the oil markets, the likes of which have never been seen before. Do these clouds carry any silver lining? Listen to the latest episode of the Asia Pacific Energy podcast.
There are signs that the coronavirus is gradually being brought under control in many countries, but any pick-up in activity will be tentative and uneven, and will face headwinds from the chaos in the global economy.
US LNG export plants are working flat-out to meet strong global demand for gas that has been reflected in soaring prices. With new capacity coming on stream late in 2021 and early in 2022, the US is emerging as the world’s largest LNG exporter.
Good news on Covid-19 vaccines points to a rebound next year, but there are still some difficult months ahead
What are the key risks and uncertainties in 2019? Simon picks the ones our analysts worry could threaten our base case, including oil demand downside, tight oil upside and Iran export volumes.
More operators are hinting through this Q3 results season at redeploying rigs in the coming months, potentially kick starting what will be tight oil’s second great growth phase.
Canada's investor sentiment soured by environmental concerns and competition for capital from tight oil have already begun to reshape the domestic corporate landscape.
Upstream cost control and operational efficiency more relevant than ever, what are the major drivers?
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.
Those hoping that recent oil-price weakness will prompt US producers to pull back drilling activity and ease the glut of oil supply may need to keep waiting.
Stay tuned into the watercooler chat by listening in to our weekly podcast on the top stories in Asia Pacific.
Libya's oil production has increased steeply from August 2016’s low point of below 300,000 barrels per day (b/d) to around 850,000 b/d at present, passing the 1 million b/d barrier in July. But Wood Mackenzie believes Libya may now be reaching its near-term production limits and future growth will be gradual.
US Lower 48 Independents’ finances are looking rosier as capital discipline and higher oil prices work their magic. Will a cash flow bonanza lead to more drilling?
Can a decade be a turning point? So much happened in the energy sector, the 2010s might be seen as just that.
The average retail gasoline price in the United States is now close to U.S.$3 a gallon, while in Germany, gasoline is retailing at an average of €1.40 per litre. We last saw prices like these in November 2014. Could we see a repeat of the 2014 reprieve?
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?
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