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The crisis caused by Russia’s invasion of Ukraine is the most significant shock to world energy markets since the 1970s. Read more.
US natural gas pipeline exports to Mexico (Mexports) are closing August at a record monthly average of almost 7.9 Bcf/d, according to Wood Mackenzie.
A major shift in Guangdong's gas power dispatch policy is changing the role of gas-fired generation. Fleets are moving from baseload to mostly peak-only operations, which may reduce long-term gas demand growth in the power sector.
The 2026 Middle East conflict has struck at the centre of the global gas system. Strikes on Qatar's North Field and Iran's South Pars have taken capacity offline across a resource base that holds 25% of the world's gas and supplies 10% of global production, creating cascading implications for LNG markets, buyer behaviour, and long-term energy security.
As US diesel prices soar and political pressure for an export ban grows, a new Wood Mackenzie analysis warns the move could have considerable ripple effects, triggering significant global product stock drawdowns while ultimately proving self-defeating for American consumers.
Low prices may be the best cure for North American gas markets.
After seven years of surging production growth, Northeast gas producers are starting to slow their output.
North American natural gas storage levels haven't ended the season this low since the historic Polar Vortex in the winter of 2013-2014.
As OPEC ministers prepare to meet in Vienna this week, Qatar abruptly announced its withdrawal from the producer’ group. While the move sparked a lot of speculation, it will not have a significant impact on supply. Get Ann-Louise Hittle's analysis of this and other key talking points including Trump and production cuts at this week's OPEC meeting. With live updates from Vienna from Ann-Louise.
How can investors assess the climate-related risk in their portfolios?
The arrival of the COVID-19 pandemic has derailed power demand patterns and expectations in the Midcontinent ISO (MISO).
Oil revenues have collapsed and country finances are looking bleak. How will the Middle East fare through the crisis?
Using Wood Mackenzie's Total Cost of Ownership (TCOO) Model to compare the potential cost of owning an EV against an ICE vehicle over 10 years, it's clear that three variables - incentives, fuel cost and depreciation - really make the difference.
In 2020, our global analysts produced an outstanding body of research to help steer our clients through the challenges and uncertainty of the Covid-19 pandemic. Our annual Research Excellence Awards celebrate the very best of that compelling and timely insight.
Earlier this year, we published a case study exploring S-Oil’s decision to add steam cracking capacity to its Onsan refinery. In this update, we have used REM-Chemicals and PetroPlan to scrutinise the possible impact of carbon costs.
Gas and LNG have an important role to play in realising a 1.5-degree scenario by 2050 – but the resulting market would be nearly unrecognisable.
Wood Mackenzie is the official knowledge partner of Gastech 2019. Join us as we give end-to-end insights on the Return of the FID. The next wave awakens...
Permian crude pipeline capacity isn't overbuilt longer term. Wood Mackenzie analysis shows one more takeaway pipeline will be needed in the 2030s.
Port Corpus Christi has started a massive dredging project to make its channels deeper and wider. The result? Bigger tankers will call the port, and constrained crude exports have room to grow.
The market used to worry about peak oil supply. Now the focus has shifted. With the world now considering a structural decline in oil demand, which sectors will feel the greatest impact?
Despite its superstardom in the upstream industry, tight oil remains the subject of debate: can it realise its potential as a profit engine, or will over-investment drive supply up and prices down?
How will the oil price crash hit upstream spending? What supply might be shut in? Where does this leave the upstream service sector? Our experts share their analysis.
How coronavirus will change the world: Wood Mackenzie's view, three scenarios for a post-pandemic future and the long-term energy outlook
Capital is the lifeblood of the global gas industry. But with investment criteria changing fast, companies must respond.
With LNG supply from the Middle East at risk, buyers will need to build LNG portfolios that can withstand supply disruptions.
How will Canada's Trans Mountain pipeline expansion impact the North American crude oil market?
Early Permian takeaway signals begin to shift pricing.
In this month's episode of the MENA in Brief podcast, Ian Thom and Toushar Chakrabarty discuss the impact of the blockade on Libyan oil exports.
What does 2020 have in store for oil markets? Expect turbulence as a host of factors come together: geopolitical risks persist, the hotly-anticipated IMO 2020 marine sulphur fuel regulations take effect, and US tight oil production growth is expected to slow.
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