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Although the plan provides comfort to local citizens and international buyers, it also raises questions for oil sands asset owners and investors.
This week’s results announcements from the big oilfield services (OFS) companies show that the market may be turning very quickly.
Tight oil producers are dealing with prices half of what the sector was founded on. The worst positioned won’t survive this downturn.
Nigeria’s government, through the Department of Petroleum Resources (DPR), recently launched its first marginal field bid round in almost 20 years.
The Biden administration has moved swiftly to impose temporary restrictions on new federal lease sales and drilling permits ahead of a potential overhaul of regulations for oil and gas producers on federal lands. Are tighter rules ahead?
Low-carbon technologies have the potential to transform the energy industry. They could also have a powerful effect on local economies – as the UK is on a mission to demonstrate.
In the face of the energy transition, upstream companies are under severe pressure to decarbonise. A situation that is only likely to intensify. Companies need to take note, set out their strategy and act so as to future-proof their business and keep hold of their social licence to operate.
Различные заинтересованные стороны сосредоточили внимание на роли газа и СПГ в энергопереходе.
The IIGCC's Net Zero Standard for oil and gas companies shows much more needs to be done to align to Paris Agreement goals. What are the implications for the sector?
Higher utilisation rates coupled with moderate cost inflation will drive increases in vessel day rates year-on-year through 2026.
In our rapid response webinar, our experts discussed the impact the crisis in Ukraine is having on global commodities.
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.
What a Republican mid-term victory could mean for US energy and climate policy.
The crisis has demonstrated the urgent need to boost supplies of all types of energy.
Tax plans put more money in the hands of the Colombian government. But they will deter investment at a crossroads for the extractive industry.
Colombia’s midcaps step up to plug the upstream gap in challenging times
The country’s decision to halt new exploration puts uncertainty into Colombia’s long-term energy security.
To accelerate Europe’s energy transition, investors need to leverage opportunities to diversify the region’s energy mix.
Decisions made in Dubai could pave the way to a truly global carbon offset market.
We analyse 16 of the largest international operators to assess their resilience and sustainability
The inflection points we see across the production, exploration, sustainability and M&A themes.
Upstream investment in Africa has been slower to recover from the pandemic compared to more agile regions with lower costs. Moving forward, we expect investments of around US$40 billion annually, or 8% of global capex, to be the new normal.
We share how the country’s upstream operators can leverage sustainability principles by seeking “advantaged resources” within their portfolio
What is the real impact of curtailing production from Norway on the broader European energy landscape?
Wood Mackenzie is proud to be the Knowledge Partner at Gastech 2024
Supply chain cost inflation is easing, but the market will remain tight and vulnerable to shocks.
Despite tight budgets, new upstream investment across Asia-Pacific has never been more competitive as explorers refocus on acreage reload to reinvigorate portfolios.
From the impact of 'Trump 2.0' to increased supply chain pressure, deepening gas deficits in Iraq, Iran and Egypt and exploration highlights.
Pinpoint opportunities with Wood Mackenzie’s Lens Subsurface tool.
A healthy project pipeline, strong policy support, plentiful funding and a surge in drilling signal ongoing market growth.
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