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Port Arthur refinery explosion removes 415k bpd from market

26 March 2026

Aerial imagery and operational analysis of the Valero facility shutdown and its impact on energy markets.

Australasia - Five themes to look out for in 2019

19 December 2018

As 2018 draws to a close, Wood Mackenzie's experts discusses five key themes to look out for in Australasia's oil and gas industry in 2019.

Opinion

Commodity slowdown in China could be different this time

05 March 2019

In today's meeting of the National People’s Congress, China announced slower growth this year, with its gross domestic product (GDP) growth targeted at a range of 6 to 6.5% in 2019.

Editorial

Automotive sales trends suggest higher oil demand in medium term

04 April 2019

The vehicle industry’s shift towards cleaner technology is poised to throw a wrench in the oil market – but likely not for another decade. Demand growth from light vehicles and two-wheelers, a key sector which accounts for roughly 30% of the near 100 million b/d in global crude consumption, are expected to slow down over the next 10 years, and eventually begin to decline after 2030, with the rapid adoption of electric vehicles (EVs).

Opinion

M&A shake-up on the horizon for the Australian upstream sector

29 August 2019

We’ve identified a potential US$32 billion worth of assets that could change hands in the next few years. Many of these deals are long in the planning and reflect wider trends in the Australian and global upstream sectors. We’ve bucketed our pick of the deals into three key themes.

Opinion

How will refiners cope with lost oil demand?

24 June 2020

Demand pressures, overcapacity and budget cuts mean the refining industry should brace for a challenging few years ahead

News Release

OPEC stays the course with production deal

01 December 2017

OPEC and non-OPEC producers agree to extend production curbs through 2018

News Release

When will the market face peak demand?

18 October 2017

The market is no stranger to peak oil. But industry focus is shifting from concerns about peak oil supply to a more concrete threat– peak demand. The Rise and Fall of Black Gold, released today by Wood Mackenzie, is a comprehensive, cross-commodity, cross-value chain analysis of peak demand. The report identifies the drivers as well as the potential impact of this global transformation – across regions, sectors, and fuels.

Comment

Wood Mackenzie commentary on India CERA Week

09 October 2017

To mark the start of the India Energy Forum by CERA week, Wood Mackenzie analysts weigh in on the country's oil and gas outlook and production prospects.

News Release

US gasoline demand poised to decline by over 1.7 million b/d by 2030

20 March 2017

Gas demand may be nearing a new peak due to stringent fuel efficiency standards and shifting demographics.

News Release

Better times head for the UKCS, but investment still a concern

17 January 2017

Wood Mackenzie expects a modest recovery due to the improving oil price.

News Release

Potential US refined oil product export ban would challenge already constrained global markets and refining systems

25 October 2022

A proposed US refined product export ban would save US consumers at the gasoline pump but pose significant challenges and costs to US and global refining systems, according to a recent analysis from Wood Mackenzie.

News Release

Wood Mackenzie launches Lens Gas & LNG

15 November 2022

Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, has launched Lens Gas & LNG, a new data analytics solution that offers a uniquely integrated view that connects markets and assets on a global scale.

News Release

LNG exports drive expansion of North American natural gas market, adding 29 bcfd of production by 2033

17 November 2022

Driven by a surge in LNG exports, the North America natural gas market will support 29 billion cubic feet per day (bcfd) of production from 2022-2033, tripling its current market size, according to a new report from Wood Mackenzie.

News Release

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

06 December 2022

Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said “The decision by OPEP+ to continue with its recently agreed 2 million barrels per day (b/d) production cut through the end of 2023 is not a surprise, given the uncertainty in the market over the impact of the 5 December EU Russia crude oil import ban and the G7 price cap. In addition, the producers group faces downside risk from the potential for weakening global economic growth and China’s zero Covid policy.”

News Release

New mid-caps in Brazil aim to increase mature asset reserves almost 1 billion boe by 2035

06 December 2022

With Petrobras divesting in many of its mature assets, new mid-cap upstream operators entering the Brazilian market will invest US$10 billion in capital investments during the next decade, boosting the production from these assets through 2027 and increasing remaining reserves by 980 million barrels of oil equivalent (mmboe) by 2035, according to a report from Wood Mackenzie, a Verisk business.

News Release

Veritas Capital completes acquisition of Wood Mackenzie

02 February 2023

Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk (Nasdaq: VRSK).

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

Oil and mining companies must adapt new strategies to deliver low-carbon transition

20 April 2023

As companies in the energy and natural resource sector struggle to find the balance between satisfying shareholder returns and meeting stakeholder low-carbon demands, new strategies are emerging that could be the catalyst to drive capital allocation decisions toward growth and closing valuation gaps, according to “Fuelling Change” a new Horizons report from Wood Mackenzie.

News Release

Implications of OPEC+ meeting for H2 2023

07 June 2023

The decision by OPEC+ to extend current production cuts and an additional voluntary 1 million b/d reduction for July from Saudi Arabia should provide support for prices in the rest of 2023, according to Wood Mackenzie.

News Release

US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s

20 July 2023

Despite concerns about underinvestment in upstream, peak oil and gas demand can be met in the 2030s without a substantial increase to current annual asset development investment levels of US$500 billion in 2023 terms, according to a new Horizons report from Wood Mackenzie.

News Release

FLNG sector thriving amid projects boom

31 August 2023

The right economic and geo-political conditions mean that the outlook for the global floating liquified natural gas (FLNG) project sector is bullish according to a new report by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

Key things to watch in North American natural gas for 2024

19 January 2024

Market expansion continues for the natural gas sector, but a volatile path may lie ahead in 2024. Wood Mackenzie recently released the North America Natural Gas: 5 things to look for in 2024 report. Key themes to watch for include the need for storage development, resilient gas demand, the growth of LNG exports and infrastructure positioning for production growth.

News Release

LFG-to-RNG production to more than double by 2030, but project success depends on location and scale

12 August 2024

Landfill gas remains the most popular feedstock option for renewable gas production (LFG-to-RNG), but project pre-tax breakeven prices can range, with success relying heavily on location and scale, according to a new report from Wood Mackenzie.

News Release

Increasing subsidies for anthropogenic carbon capture destined for CCS-EOR to levels for CCS-Storage would lower global emissions

26 July 2024

Captured CO2 for enhanced oil recovery (CCS-EOR) has fallen out of favor in recent years and been supplanted by captured CO2 to dedicated sequestration (CCS-Storage), however, a new analysis shows that CCS-EOR will often deliver lower emissions and better support the energy transition, according to a series of reports from Wood Mackenzie.

News Release

Renewables and nascent low-carbon technologies most exposed to high interest rates

18 April 2024

If high interest rates persist, transitioning to a net zero global economy will be even harder and more costly. The higher cost of borrowing negatively affects renewables and nascent technologies, compared to more established oil and gas, and metals and mining sectors, which remain somewhat insulated.

Editorial

IMO 2020 is coming

12 November 2019

How will the upcoming IMO 2020 bunker fuel regulations affect the US distillate supply/demand balance?

Editorial

Global gas market dynamics: three key themes

04 September 2019

Hot topics from our most popular reports: the LNG oversupply and the impact on prices, China’s growing gas demand and how Russia is retaining its position as the world's biggest net exporter of gas.

Horizons

The cost of capital discipline: Big Oil's longevity challenge

26 February 2026

Oil and gas companies face a core strategic challenge: how to sustain output to meet demand, amid unprecedented capital constraints. Horizons digs into the innovative solutions this gargantuan challenge demands, from AI deployment and new tech to creative capital structures.

Horizons

Staying power: how new energy realities risk extending coal's sunset

17 July 2025

In this Horizons, we explore a new global high thermal coal demand case, examining the drivers of a higher outlook for coal and what this means for investors, technologies and global climate goals.

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Search results: 970

Port Arthur refinery explosion removes 415k bpd from market

Australasia - Five themes to look out for in 2019

Commodity slowdown in China could be different this time

Automotive sales trends suggest higher oil demand in medium term

M&A shake-up on the horizon for the Australian upstream sector

How will refiners cope with lost oil demand?

OPEC stays the course with production deal

When will the market face peak demand?

Wood Mackenzie commentary on India CERA Week

US gasoline demand poised to decline by over 1.7 million b/d by 2030

Better times head for the UKCS, but investment still a concern

Potential US refined oil product export ban would challenge already constrained global markets and refining systems

Wood Mackenzie launches Lens Gas & LNG

LNG exports drive expansion of North American natural gas market, adding 29 bcfd of production by 2033

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

New mid-caps in Brazil aim to increase mature asset reserves almost 1 billion boe by 2035

Veritas Capital completes acquisition of Wood Mackenzie

Wood Mackenzie appoints new Chief Financial Officer

Oil and mining companies must adapt new strategies to deliver low-carbon transition

Implications of OPEC+ meeting for H2 2023

US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s

FLNG sector thriving amid projects boom

Key things to watch in North American natural gas for 2024

LFG-to-RNG production to more than double by 2030, but project success depends on location and scale

Increasing subsidies for anthropogenic carbon capture destined for CCS-EOR to levels for CCS-Storage would lower global emissions

Renewables and nascent low-carbon technologies most exposed to high interest rates

IMO 2020 is coming

Global gas market dynamics: three key themes

The cost of capital discipline: Big Oil's longevity challenge

Staying power: how new energy realities risk extending coal's sunset

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