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High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition

16 二月 2023

The energy transition will require oil and gas for decades to come, but the supply of lower-cost, lower-carbon “advantaged” barrels remain scarce, threatening emissions targets and causing upstream providers to pivot to new strategies, according to “Scraping the Barrel” a new Horizons analysis from Wood Mackenzie.

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Shell’s Nigeria sale offers value, but bidders need to do their homework

12 八月 2021

Shell has started a process to divest all of its operated joint venture licences held by the Shell Petroleum Development Company (SPDC) in Nigeria. This includes a 30% interest in 19 Oil Mining Leases (OMLs). Gail Anderson, Research Director with Wood Mackenzie’s Sub-Sahara Africa upstream team, said: “There is considerable value upside across the joint venture assets, which bidders will need to carefully evaluate and quantify.”

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Nigerian lawmakers pass petroleum bill – but there is still work to do

02 七月 2021

Speaking after the Petroleum Industry Bill (PIB) was passed by the Nigerian National Assembly on 1 July, Mansur Mohammed, head of West Africa content on Wood Mackenzie’s sub-Saharan Africa upstream research team, said: “The Senate and House each passed different versions of the bill, which will now require reconciliation before it is sent to the president for assent into law. So there is still outstanding work to do before the PIB becomes law, but we see momentum behind the bill.”

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Search results: 25

High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition

Shell’s Nigeria sale offers value, but bidders need to do their homework

Nigerian lawmakers pass petroleum bill – but there is still work to do

Resilience and sustainability to be core oil and gas themes of 2021

Market set to tighten as OPEC+ agrees to extend 9.7 million b/d output cut

Collapsing demand sets the terms in the OPEC+ battle for market share

US$210bn of new spend in firing line as players target cost cuts

African upstream capex ‘may be slashed by 33%’

Oil price rout: which supply is most at risk of shut-in?

Industry slashes spending as price rout deepens: Can companies cope?

Oil price rout may trigger major industry shake-up

OPEC+ ‘no deal’ a blow to the market

Data consortiums signal the future of oil and gas

Mozambique LNG under starter’s orders

Brulpadda delivers the goods for Total

Exploration’s back in the black

Full steam ahead for Tortue FLNG

Upstream companies positioned to thrive in 2019

Explorers hit the jackpot in sub-Saharan Africa

Upstream players need to boost spending to meet future demand

OPEC producers key to world supply through to 2040

Can upstream cost savings stick?

Upstream companies shift focus from ‘survive’ to ‘thrive’ in 2018

OPEC stays the course with production deal

What's behind Libya's production boost?