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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.
New projects in countries that impose a high fiscal burden appear significantly less competitive in the corporate portfolio.
So has the industry finally reversed the long trend of opex inflation? Well, yes and no.
The last few years have been all about managing down the costs base, resulting in diminished capacity, and laying the foundations of the recovery.
A government can’t influence the geological potential of the areas they offer, so they need to be aware of how the industry perceives the areas offered. How good are the rocks?
Once America’s champion of natural gas, Chesapeake declares bankruptcy. A US natural gas champion stumbles, but what are the implications for the market and pipelines? Get Wood Mackenzie's analysis here.
Chevron’s announcement to offer its 16.7% stake in the North West Shelf (NWS) LNG project for sale has surprised some.
The impact of Covid-19 on energy demand remains top of mind, but investors’ questions reveal a return to calm if not a return to “normal”
The energy transition could have created an existential crisis for the North Sea. But governments and North Sea upstream operators are embracing ambitious projects and technology on the road to net zero.
As Joe Biden nudges ahead in the US presidential polls, the oil and gas industry should prepare for far-reaching potential changes.
With India’s gas market shaken by Covid-19, and low spot LNG prices expected to persist at least until 2022, the full commercialisation of these deepwater volumes is at risk.
Nigeria’s government, through the Department of Petroleum Resources (DPR), recently launched its first marginal field bid round in almost 20 years.
The two contenders for the US presidency have fundamentally different views on energy, but have been seeking to win over swing voters
The move is the first publicly confirmed (near) net-zero goal by an Asian national oil company, a recognition by one of the world’s largest producers that it must address carbon emissions and adapt to the energy transition.
Is the world running out of high-quality oil and gas? Valentina Kretzschmar, Head of Energy Transition at Capricorn Energy and Andrew Latham, Vice-President of Energy Research at Wood Mackenzie join to discuss this month’s Horizons topic.
The UK has a renewed focus on accelerating its energy transition and bold plans to create a clean energy superpower. But net zero by 2050 is not yet on course.
Energy transition progress slows in our latest update – but uncertainty around pace and duration pushes the Middle East to prioritise resiliency.
From the Netherlands to Cyprus, we cover the big themes in 2024 for Continental Europe's upstream sector.
The inflection points we see across the production, exploration, sustainability and M&A themes.
From Central Asia to Azerbaijan, will the Caspian sector seize upstream opportunities?
Russia’s upstream outlook continues to be shaped by the consequences of its invasion of Ukraine.
Will Asia Pacific's recent hot streak in attracting renewed interest from the Majors and other IOCs continue in 2025?
The Caspian upstream sector approached 2025 in need of a reset.
From the impact of 'Trump 2.0' to increased supply chain pressure, deepening gas deficits in Iraq, Iran and Egypt and exploration highlights.
The overarching theme for the US Lower 48 next year will be change. The question is: how much?
Asia Pacific had a year of continuous LNG demand recovery in 2024 - what will 2025 bring?
Watch the Horizons Live replay as our panelists Gavin Thompson, Giles Farrer, Murray Douglas, and Mariana Santos Moreira delve into this topic.
Our Global Upstream Update presents timely analysis of key industry topics from our regional experts situated around the world.
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.”
In this week's episode of the Crude for Thought podcast, senior unconventionals researcher Nathan Nemeth joins to discuss Haynesville Shale.
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