Counting carbon: how to set oil and gas industry emissions targets

• 13 4月 2021

Oil and gas firms are increasingly committing to emissions-reduction goals, but their scope and methodologies vary. How can the industry set standardised, meaningful targets that support the energy transition and enable investors to assess risk?

Wood Mackenzie's accelerated energy transition 2-degree scenario: what it means for gas and LNG

• 09 4月 2021

How could a 2-degree world play out in the future for the global gas and LNG markets?

The hunt for advantaged oil

• 30 3月 2021

Oil and gas will continue to play a key role in the world’s energy mix for decades to come. But as the energy transition takes hold only the barrels with the strongest economics and lowest carbon emissions will make it to market. Which subsurface factors could point to the optimal reservoirs and an opportunity to seize an advantage?

Australia’s gas conundrum

• 19 3月 2021

While it may well claim the crown of world’s largest LNG exporter in 2021, Australia faces rising problems with its gas.

US tight oil – the investment dilemma

• 05 3月 2021

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?

Will oil companies start spending again?

• 26 2月 2021

The oil and gas sector is bouncing back strong. After savaging costs and spend in response to last year's crisis, and with Brent soaring over US$65/bbl, we expect a resurgence of upstream cash generation in 2021. How much free cash flow will the sector generate? What will companies do with it?

Asian buyers stay cool as US LNG hit by the deep freeze

• 24 2月 2021

So, when freezing conditions hit the southern US last week, resulting in feedgas into LNG plants collapsing from above 10 bcfd to just below 2 bcfd, and with some Texas price markers soaring north of US$400/mmbtu, anxiety levels should have been rising.

Could oil Majors and Independents generate record free cash flow this year?

• 25 2月 2021

IOCs have just been through one of their toughest ever years. But the sector is primed for a V-shaped free cash flow recovery, potentially to record levels. What’s fuelling the shift in fortunes, and how will it shape corporate priorities?

Big Oil’s offshore wind journey is only just beginning

• 12 2月 2021

Offshore wind is at the forefront of the Euro Majors' new energy strategies. It's a proven technology, ready for scaling up – and the latest UK permits show the competition for projects is heating up. How big could it be for Big Oil?

Are Japan’s upstream players heading for the exit?

• 02 2月 2021

Japan’s trading houses are re-thinking their long-term strategies around upstream investment.

Biden’s climate plans aim at job creation

• 29 1月 2021

The president wants to support renewables and EVs, while having little immediate impact on oil and gas

China-US relations, tech wars and climate change

• 26 1月 2021

When President Xi Jinping spoke of the risks of ‘tech wars’ at the World Economic Forum’s virtual Davos Agenda event on Monday, there was little doubt who he was aiming at. At a White House briefing later that day, press secretary Jen Psaki stated that “Technology is of course at the centre of US-China competition.”

Five trends that will cut global emissions in 2021

• 27 1月 2021

Even a global pandemic couldn’t keep climate change from climbing the corporate agenda in 2020, and that momentum will only build in 2021. Which trends will have the biggest impact on extractive industries like oil and gas and mining in the year ahead? Read our analysts’ predictions.

Tough calls for the upstream supply chain in 2021

• 25 1月 2021

This will be a defining year for the upstream supply chain, with many service sector companies facing stark decisions about their future direction. Read our predictions and expert analysis in ‘Upstream supply chain: 4 things to look for in 2021’.

Making sense of Asia’s sky-high spot LNG prices

• 20 1月 2021

None of us could have foreseen what happened this winter. Cost of supply became an irrelevance as Asian spot LNG prices went into orbit. From lows of around US$2/mmbtu in April, the JKM price soared north of US$32/mmbtu last week, with media reports of Trafigura purchasing a cargo from Total at US$39.3/mmbtu.

How far will upstream M&A activity rebound in 2021?

• 25 1月 2021

This year will almost certainly bring a more buoyant M&A market, but there are structural headwinds to be faced. Read our full set of predictions for the year ahead in Global upstream M&A: 4 things to look for in 2021.

Gas and LNG: why 2021 will be a defining year

• 14 1月 2021

The year ahead will shape the role of gas in the energy transition. Read our predictions for the top five global trends for gas and LNG, and how they could play out in Europe, North America and Southeast Asia.

Catch, don’t release: the dawn of the CCS era

• 11 8月 2021

With three of the largest gas projects approved this year – Barossa (Australia), North Field East (Qatar) and Ghasha (UAE) coming with associated CCS plans, do barriers exist for carbon sequestration's continued growth?

Webinar | Carbon offsets: How to realise value in the net zero transition

• 06 6月 2024

How the MENA region and its NOCs are diversifying into new energies

• 05 4月 2024

The Middle East is faced with a significant challenge – building a new energy economy means accelerating nascent diversification efforts and pushing towards ambitious net zero goals.

NEO Energy and Sval Energi sale rumours - what could the portfolios offer a buyer?

• 08 4月 2024

The current combined production for the companies is over 150 kboe/d but they offer different value propositions.

As project economics rebound, upstream FIDs to increase in 2024, with focus on deepwater resources

• 14 3月 2024

Up to 30 upstream projects larger than 50 million of barrels of oil equivalent (boe) could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie.

Extended production cuts show OPEC's enduring influence over oil

• 08 3月 2024

It has been written off many times, but the oil producers' group remains relevant. In the long term, its influence could grow.

The biggest topics in global upstream

• 06 3月 2024

Some upstream oil and gas sectors gave us supply surprises in 2023, with some regions producing above expectations, others disappointing. What didn’t disappoint was the level of excitement around M&A, which features throughout the regions in our latest global upstream update.

Building an energy superpower

• 15 2月 2024

How India fuels its future growth

Black gold to green future? Incentives uncertainty clouds Pathways Alliance economic feasibility

• 14 2月 2024

World’s largest CCUS project up for FID in 2025, but long-term incentives in question

Why Brent isn’t reacting to escalating geopolitical risk

• 08 2月 2024

Today’s geopolitical temperature is close to boiling point. So why haven’t oil prices leapt in response, as we’ve seen in the past?

Chesapeake-Southwestern Energy deal: ten key takeaways

• 24 1月 2024

Merger creates US$24 billion company that will be the biggest player in US shale gas

Upstream supply chain: 5 things to look for in 2024

• 17 1月 2024

From the increasing importance of advantaged services to our demand and inflation outlooks, read our predictions for the key supply chain themes to look out for in the year ahead.

Subsurface predictions: what to watch in exploration and discovered resources in 2024

• 16 1月 2024

The hunt for advantage intensifies in 2024, and a subsurface divergence takes shape as high-impact wildcatting focuses on oil, while gas gains ground in discovered resource progression.