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News Release
Global CCUS investment requires US$ 196B through 2034, according to Wood Mackenzie
- 26 June 2024
By 2034, global carbon capture capacity will reach 440 Mtpa and storage capacity will reach 664 Mtpa, requiring US$ 196 billion in total investment, according to a recent report from Wood Mackenzie.
Opinion
LNG is challenging India’s deepwater future
- 28 July 2020
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.
Editorial
5 reasons for Iraq's slow oil production growth
- 15 September 2017
We have identified 10 commercial, technical, political and security constraints on Iraq's production growth, and we discuss five of them here.
Opinion
Unlocking exploration’s hidden value
- 21 March 2019
Exploration is making money again. After a difficult few years, the sector's disciplined approach has begun to bear fruit. How evaluate the true cost of exploration?
Editorial
Deepwater could match up against tight oil breakevens
- 18 April 2017
A further 20% of cost cuts could put deepwater head-to-head in project economics against tight oil.
2317 related products from the Store that match
- Asset Report
  Western Isles Project
  - 13 November 2025
  The Western Isles Project comprised the Harris and Barra fields, in the northern North Sea. The fields were expected to be developed as four separate accumulations: Barra, Harris, Lewis and Uist. However, Harris and Lewis were later considered to be one field called Harris, while Barra and Uist became known as Barra. Harris and the much smaller Barra, were subsea tie-backs to a new-build…
- Asset Report
  SK410B (LNG)
  - 13 November 2025
  SK410B is a shallow water block, located approximately 90 km offshore Sarawak. In June 2019, PTTEP discovered the giant gas field, Lang Lebah, the company's largest operated discovery. Lang Lebah's gas has CO2 concentration of 13% and a sulphur content of 14,000 ppm, requiring a CCS solution. The operators are struggling to sanction the project, challenged by high development costs and tough…
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News Release
ConocoPhillips swoops on Concho in $9.7bn all-stock deal
- 19 October 2020
Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scale, ConocoPhillips is adding enough Permian production to nip at the heels of ExxonMobil’s massive programme."
Opinion
The challenges and opportunities in Europe’s oil & gas, CCUS and hydrogen sectors
- 10 November 2023
To accelerate Europe’s energy transition, investors need to leverage opportunities to diversify the region’s energy mix.
Content
Energy transition glossary
- 21 August 2024
Our energy transition glossary helps you understand key terms and definitions.
Opinion
Decarbonising the upstream industry
- 14 July 2021
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.
Opinion
Hot rocks: geothermal momentum continues to build
- 27 August 2025
A healthy project pipeline, strong policy support, plentiful funding and a surge in drilling signal ongoing market growth.
Opinion
Russian Federation upstream: 4 things to look for in 2024
- 10 January 2024
Russia’s upstream outlook continues to be shaped by the consequences of its invasion of Ukraine.
Comment
Delek makes splash with US$965m deepwater Gulf of Mexico deal
- 12 April 2019
Delek Group has bought Shell's stake in the Caesar-Tonga field, in the deepwater Gulf of Mexico
Opinion
What do President Trump’s tariffs mean for energy?
- 18 February 2025
How will Trump’s latest tariffs impact US energy, trade and climate goals?
Content
Lens platform: Lens Hydrogen
- 20 April 2023
Maximise opportunities across the hydrogen and ammonia value chain with Wood Mackenzie Lens Hydrogen. Identify, screen, and benchmark the hydrogen economy worldwide.
Opinion
The US government speeds up drilling permit approvals
- 04 June 2021
The Biden administration this week issued an order suspending further work on oil leases in the Arctic National Wildlife Refuge in Alaska, pending a new environmental review. The order follows through on a commitment that President Joe Biden made on his first day in office. Drilling in ANWR has always been highly controversial, and the lease sale in January attracted only limited interest.
Products & services
Emissions Benchmarking Tool

Inform strategic decisions regarding emissions risk management via competitive benchmarking, portfolio analysis and economic impact assessment.
Opinion
Is upstream oil and gas delivering on decarbonisation?
- 18 March 2024
Upstream scope 1 & 2 emissions intensity has been cut by 12% since 2017. But is the industry delivering on decarbonisation?
Opinion
How NOCs’ exploration strategies are evolving
- 07 July 2022
NOCs hold two thirds of global remaining resources – how is their attitude to exploration changing with the energy transition?
The Edge
The Euro Majors’ big bet on new energy
- 04 December 2020
The Euro Majors are building new energy businesses as a key part of net carbon-neutral targets for 2050. How and when will they be able to demonstrate value from renewables investments?
Featured
What's the future of exploration? We asked explorers
- 29 April 2019
The results from our annual Exploration Survey are in. The industry has had their say on all things exploration, from budgets and technology to portfolios and peers.
Opinion
The Norwegian emissions dilemma
- 05 August 2024
What is the real impact of curtailing production from Norway on the broader European energy landscape?
Opinion
The latest developments in global upstream
- 27 August 2025
From the Majors to OPEC+ … and the key topics in between.
The Edge
How the big Gulf producers are investing in 2019
- 15 January 2019
What are the upstream investment strategies of big Gulf producers? And how much are they spending? Find out here. With analysis from Simon Flowers and Jessica Brewer.
Opinion
Size matters: which International E&Ps are best positioned to ride out industry consolidation?
- 18 December 2023
We analyse 16 of the largest international operators to assess their resilience and sustainability
News Release
Malaysia offers significant gas opportunities
- 24 June 2019
According to research by natural resources consultancy Wood Mackenzie, Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia, primarily due to the need for additional gas supply.
Opinion
Introducing Prospect Valuations
- 19 August 2025
Pinpoint opportunities with Wood Mackenzie’s Lens Subsurface tool.
The Edge
Australia and the Majors – is change on the horizon?
- 08 October 2019
The Majors are looking to boost returns by portfolio high-grading and have embarked upon a phase of divestment. Everywhere is under the spotlight, including Australia. Which assets might the Majors look to sell?
News Release
Wood Mackenzie appoints new Chief Financial Officer
- 27 March 2023
Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Simon Crowe to its global executive leadership team as Chief Financial Officer (CFO), effective 27th March.
News Release
Can upstream cost savings stick?
- 15 December 2017
The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.
News Release
Australia’s east coast gas prices to bottom out over next two years
- 20 November 2019
In the latest Australia east coast gas market research, Wood Mackenzie projects that the LNG netback price for Australia’s east coast could bottom out to A$6.50 – A$9 per gigajoule (GJ) over the next two years.

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Search results: 1428

Global CCUS investment requires US$ 196B through 2034, according to Wood Mackenzie

LNG is challenging India’s deepwater future

5 reasons for Iraq's slow oil production growth

Unlocking exploration’s hidden value

Deepwater could match up against tight oil breakevens

2317 related products from the Store that match

Western Isles Project

SK410B (LNG)

ConocoPhillips swoops on Concho in $9.7bn all-stock deal

The challenges and opportunities in Europe’s oil & gas, CCUS and hydrogen sectors

Energy transition glossary

Decarbonising the upstream industry

Hot rocks: geothermal momentum continues to build

Russian Federation upstream: 4 things to look for in 2024

Delek makes splash with US$965m deepwater Gulf of Mexico deal

What do President Trump’s tariffs mean for energy?

Lens platform: Lens Hydrogen

The US government speeds up drilling permit approvals

Emissions Benchmarking Tool

Is upstream oil and gas delivering on decarbonisation?

How NOCs’ exploration strategies are evolving

The Euro Majors’ big bet on new energy

What's the future of exploration? We asked explorers

The Norwegian emissions dilemma

The latest developments in global upstream

How the big Gulf producers are investing in 2019

Size matters: which International E&Ps are best positioned to ride out industry consolidation?

Malaysia offers significant gas opportunities

Introducing Prospect Valuations

Australia and the Majors – is change on the horizon?

Wood Mackenzie appoints new Chief Financial Officer

Can upstream cost savings stick?

Australia’s east coast gas prices to bottom out over next two years