Hitting the brakes: how the energy transition could decelerate in the US

• 16 May 2024

The US is facing a pivotal moment for its energy future. Depending on the results of the election, investment in the energy and natural resources sectors could play out in very different ways.

Doing more with less: Is there enough upstream investment?

• 20 July 2023

Upstream development spend is barely half its 2014 peak, leading to the belief that the industry is underinvesting, and that a supply crunch is inevitable. But is that the reality?

Stick or twist: should gas resource holders target LNG exports or blue ammonia?

• 15 June 2023

As Europe moves away from Russian gas and Asia scrambles to reduce its dependency on coal, there has arguably never been a better time to invest in liquified natural gas (LNG).

Scraping the barrel: is the world running out of high-quality oil and gas?

• 16 February 2023

The world won't run out of oil or gas anytime soon. But truly advantaged resources – with low break-even costs and low emissions – are anything but plentiful.

The big ban: global commodities in a post-Ukraine-war world

• 16 June 2022

War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. Read more.

Back to the future: the Horizons year in review

• 09 December 2021

We touched on a number of issues this year with our new thought-leadership series. Post-COP26, it's time to review the articles and put them in recent context.

One giant leap: President Biden's vision for repowering America

• 16 September 2021

Sixty years after President John F. Kennedy launched the programme that would put the first man on the moon, US President Joe Biden has set an equally challenging, transformative goal: achieving net zero emissions in the US power sector by 2035 and the broader economy by 2050.

Swimming upstream: a survivor's guide

• 04 May 2021

Navigating oil and gas in a time of hyper-uncertainty

Women in energy

• 23 July 2020

We showcase research and analysis from some of our most accomplished and influential women in energy and natural resources. Meet some of the many outstanding women we're proud to work with – and explore their latest thinking.

US shale gas is back: new demand signals underpin upstream opportunity

• 09 October 2025

Which companies and areas are best positioned to capitalise on a structural shift in US gas demand?

Crude Trade Service

Get a global view of future crude trade and accurately assess how market events affect crude supply, demand, trade and crude price differentials.

Oil

• 16 November 2020

Stay ahead of the oil market with our real-time, proprietary data collected by patented monitoring technology.

Valuation API

Run custom upstream valuations in seconds with Wood Mackenzie's API. Access 5,600+ assets, 260+ fiscal regimes, and real-time economic modeling with your own assumptions.

Coronavirus Guide

• 03 March 2020

How might coronavirus impact global energy and commodity markets? Our team of experts from across the energy value chain are monitoring the immediate and future impact of coronavirus on global commodity and energy markets. 

Beyond ESG: Measuring Corporate sustainability in an uncertain world

• 26 March 2024

Join our upcoming webinar on the 26th March.

North Sea Oil and Gas Outlook

• 29 February 2024

Join our upcoming webinar on the 29th February, focusing on the 2024 outlook for North Sea oil and gas.

Webinar | Clearing the air: How at-scale carbon removal could accelerate the energy transition

• 10 December 2024

Join our webinar where we will review the current state of this nascent industry and the factors that will shape its evolution, across the following topics: ̵ Project type costs, potential and readiness ̵ A deep-dive into carbon removal project economics ̵ Who is buying or investing in carbon removal, and why? ̵ Analysis of government policy and other regional factors impacting removal deployment

UK gas market faces Covid-19 deadlock

• 21 May 2020

The UK gas balance has reached a deadlock for the summer. Resilient UK production, Norwegian imports and baseload LNG imports are overwhelming the market with supply. And with lockdown placing huge pressure on electricity and fuel markets, demand will be weak throughout the summer.

Ukraine may hold key to Europe’s gas storage crunch

• 16 April 2020

European gas storage is almost full to the brim – and with the mild weather, coronavirus lockdowns hitting demand and an over-supplied market, levels are not likely to drop soon. New analysis from natural resources consultancy Wood Mackenzie suggests October may prove critical for the market – and highlights a potential solution to the storage crunch.

Shell 'to be net-zero company by 2050'

• 16 April 2020

Commenting after Shell announced its intention to become net-zero company by 2050, Luke Parker, vice president, corporate analysis, at Wood Mackenzie, said: “This is an evolution of the net carbon footprint ambition that Shell unveiled in November 2017.

US and China sign Phase One trade deal

• 16 January 2020

Wood Mackenzie's Gavin Thompson provides a commentary on the US-China Phase One trade deal

Asia Pacific gas and LNG - 6 themes to watch in 2020

• 13 January 2020

Wood Mackenzie has identified six themes that will impact Asia Pacific’s gas and LNG markets in 2020.

JCC-indexed LNG contracts could lose US$15 billion value post IMO 2020

• 21 November 2019

Wood Mackenzie’s latest report reveals that LNG sellers with contracts linked to JCC (Japan Crude Cocktail) could lose some US$15 billion in unearned revenues. This is a result of the IMO 2020 regulation limiting sulphur content of marine fuels to up to 0.5%, which directly affects the price of sour crudes such as those composing the JCC mix. The IMO 2020 kicks in on 1st January 2020.

Total expands partnership with Adani on India's gas market

• 14 October 2019

Total announced today its partnership with Adani Group which includes two LNG terminals, Dhamra in East India and potentially Mundra in the West, as well as Adani Gas Limited, one of the 4 main distributors of city gas in India of which Adani holds 74.8% and of which Total will acquire 37.4%.

Santos to acquire ConocoPhillips northern Australian assets

• 14 October 2019

Santos announced today its plans to acquire ConocoPhillips’s northern Australian portfolio. This is a logical and attractive transaction for a number of reasons.

India commissions first east coast LNG terminal

• 07 March 2019

India's first east coast regas project, Ennore LNG terminal, was commissioned yesterday by Indian Oil Corporation (IOCL). Wood Mackenzie's senior analyst Kaushik Chatterjee shares the significance of this project and how this marks the beginning of India doubling its regas capacity to 56.5 million metric tonnes per annum (mmtpa) by 2025.

Brent set to average $65/b in 2019

• 21 January 2019

Global markets were volatile heading into the new year. Oil has been no exception, with Brent trading between $62 per barrel on 7 December 2018 before falling to $51/b on 21 December. Mixed macroeconomic data have driven much of the volatility, with political uncertainty compounding concerns of a sharper than expected economic slowdown. What's the outlook for 2019?

Outlook sluggish for upstream M&A

• 21 January 2019

Upstream dealmakers start 2019 facing an uphill battle. Volatile oil prices and bearish equity markets impede deal flow by creating uncertainty, widening the bid-ask spread, altering financial conditions and making companies re-think near-term strategies. In Q4 2018, as these factors emerged, deal count dropped to its lowest level since Q1 2015, with December the slowest month since January 2015.

Medco Energi's potential takeover of UK-listed Ophir Energy

• 02 January 2019

On the first day of 2019, Ophir announced it was in talks with Indonesia's Medco Energi regarding a cash takeover. No amount or other details have yet been released, other than Medco has to make a clear binding offer by the 28th of January if a deal is to proceed. Ophir's upstream portfolio includes assets in Thailand, Vietnam, Indonesia, Malaysia, Equatorial Guinea and Tanzania. It also has exploration acreage in Mexico and Bangladesh.

Australian gas shortages loom as LNG exporters and domestic consumers compete for supply

• 11 September 2018

The pace and scale of transformation in the east Australian gas market over the past five years has put gas – both its availability and its pricing – firmly on the country’s political agenda. Global natural resources consultancy Wood Mackenzie today releases its Australia East Coast Gas Market Outlook 2018-2032. The report offers a comprehensive overview of the dynamics shaping the gas market, including the drivers of domestic gas demand, how gas flows will change and price dynamics.