The Middle East is set to spend as much as $120 billion to increase gas production by 14 billion standard cubic feet a day (bcfd) to 86 bcfd by 2030, according to a new report by Wood Mackenzie. The report ‘The Middle East steps on the gas’ shows gas supply growth in the Middle East […]
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Posted inNews
Nord Stream: Russia restarts gas flow to Europe at 40% of pipeline’s overall capacity
Further disruptions are expected as winter approaches, according to Wood Mackenzie, which outlines two scenarios for Europe in case of Nord Stream flows
Posted inEnergy Transition
Upstream oil and gas: record cash flows and peak uncertainty
The energy transition has upset the outlook and changed the rules of the game for the industry, Wood Mackenzie says
Wood Mackenzie’s Global Energy Summit Upstream Focus Day has addressed some of the biggest issues facing the industry. How will the upstream industry use an incoming US$1 trillion price windfall? Should Asian governments be doing more to resuscitate declining gas production? And what is the future for exploration in this region? In previous upcycles the […]