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Continued restrictions on mobility reverberate through to demand for transportation fuels in Asia Pacific.
Leverage our real-time and historical data to understand Hurricane Ida's impacts to the crude supply chain.
Our accelerated energy transition (AET-2) scenario offers a view on how to achieve a 2˚C world aligned with the upper temperature limit of the 2015 Paris Agreement. The AET-2 scenario is curtains for long-term global oil demand, with consumption falling to 70% below peak levels by 2050.
How will Eni adapt to achieve its ambitious emissions deadlines? What role will exploration play in a low-carbon future?
A more mature tight oil sector means investors are looking for value, not just growth. Achieving value will mean limiting reinvestment and reducing production.
A critical outcome of COP26 will be a global response on carbon pricing and enabling policies, aimed at bridging the gap on high-cost CCS and hydrogen.
We started the Covid pandemic at negative oil prices. Today, benchmark prices are above $70. And t...
In the first half of 2021 upstream M&A deal activity recovered to 2019 levels and more than doubled in comparison to the low point in the first half of 2020.
With COP26 rapidly approaching, China’s special envoy on climate change, Xie Zhenhua, recently announced that Beijing would release more details of its climate strategy “very soon”. The clock is ticking.
The outcomes of COP26 will be a reality check for gas, providing clarity about a key question for the industry: does the world acknowledge the role of gas as a transition fuel?
With LNG projects among the most emission-intense assets in the oil and gas sector, many companies are now actively working to lower the carbon intensity of their LNG portfolio.
India’s pipeline of pre-FID domestic gas supply is perilously thin; the current surge in supply is a short-term story at best.
Lukoil recently announced the US$2.25 billion acquisition of Petronas' 15.5% stake in the giant BP-operated Shah Deniz gas-condensate field, offshore Azerbaijan.
Indeed, it is confidence in the resilience of long-term Asian gas demand, even in our accelerated energy transition scenarios, that has been key to the 50 mmtpa of new LNG supply that has taken FID in 2021 compared to only 3 mmtpa in 2020.
Despite a lack of globally aligned policies and projects for carbon reduction, we see COP26 as a qualified success. So, what are the implications?
The refining industry accounts for only 3% of global energy sector emissions. But carbon tax on refinery carbon emissions can have a material impact on profitability, as it will be difficult to pass on carbon costs to consumers through higher product prices.
US deepwater output will rise to a record high in 2022. What you need to know: The Biden administration aims to build a better grid, the electricity cost outlook in the Asia Pacific region and Burning Man versus geothermal.
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.
2022 could see rising carbon prices, greater distributed solar capacity, tighter supply chains for renewable energy and a double-digit market share for EVs.
For the global and regional energy sector, Kazakhstan’s stability matters. What are the short- and long-term consequences of recent events?
Despite ongoing pandemic restrictions, sky-high spot prices and rising competition from renewables, the region’s gas consumption will grow at almost 3% a year over the next decade.
What a Republican mid-term victory could mean for US energy and climate policy.
Regular host Dr. Liz Dennett is joined by Derek Brower, US Energy Editor at the Financial Times, Massimo Di-Odoardo and Ann-Louise Hittle.
NOCs hold two thirds of global remaining resources – how is their attitude to exploration changing with the energy transition?
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.
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.”
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.
Our latest Russia/Ukraine weekly briefing focuses on the outlook for Asian oil and gas markets.
This week's Russia/Ukraine briefing focuses on the EU's ban on Russian crude oil and product exports.
This week's Russia/Ukraine briefing focuses on European power markets.
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