• News Release

  ConocoPhillips acquisition of Marathon Oil creates third largest producer in the US Lower 48, says Wood Mackenzie

  • 30 mayo 2024

  Addressing ConocoPhillips (COP) acquisition of Marathon Oil (MRO) in an all-stock transaction valued at US$22.5B, Alex Beeker, research director, corporate research for Wood Mackenzie said, “The addition of Marathon further solidifies ConocoPhillips in a league of its own, with few true peers. For ConocoPhillips, this is a diversified and balanced move across multiple geographies.”

• Opinion

  OPEC+ plans to boost oil production

  • 07 junio 2024

  The OPEC+ countries are taking on the delicate task of trying to raise oil production without crashing the market. They are starting cautiously, but the global economic outlook holds plenty of downside risks for demand and prices.

• Opinion

  What’s in store for gas and LNG in Europe?

  • 18 junio 2024

  An overview of market balances, the price outlook and risks for European gas and LNG through 2026

• Opinion

  The energy transition in the upstream oil & gas sector: a reality check?

  • 05 junio 2024

  Geopolitical, financial and technical headwinds have slowed energy transition progress, but ever-tighter climate regulation continues to drive change.

• Opinion

  A two-decade decline in exploration is driving the need for carbon neutral investment in Australia’s upstream sector

  • 27 mayo 2024

  A turbulent period of change has seen many legal and fiscal changes as Australia tries to balance its gas and energy transition strategy

• The Edge

  Rebooting Asia’s energy transition

  • 16 mayo 2024

  Last week in Singapore, sector leaders, including CEOs, took to the stage for Wood Mackenzie’s 6th APAC Energy and Natural Resources Summit. The theme was ‘Rebooting Asia’s energy transition’.

• News Release

  World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

  • 02 mayo 2024

  A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.

• Opinion

  Counting carbon: how to set oil and gas industry emissions targets

  • 13 abril 2021

  Oil and gas firms are increasingly committing to emissions-reduction goals, but their scope and methodologies vary. How can the industry set standardised, meaningful targets that support the energy transition and enable investors to assess risk?

• Editorial

  Wood Mackenzie's accelerated energy transition 2-degree scenario: what it means for gas and LNG

  • 09 abril 2021

  How could a 2-degree world play out in the future for the global gas and LNG markets?

• Featured

  The hunt for advantaged oil

  • 30 marzo 2021

  Oil and gas will continue to play a key role in the world’s energy mix for decades to come. But as the energy transition takes hold only the barrels with the strongest economics and lowest carbon emissions will make it to market. Which subsurface factors could point to the optimal reservoirs and an opportunity to seize an advantage?

• Opinion

  Australia’s gas conundrum

  • 19 marzo 2021

  While it may well claim the crown of world’s largest LNG exporter in 2021, Australia faces rising problems with its gas.

• The Edge

  US tight oil – the investment dilemma

  • 05 marzo 2021

  US Lower 48 Independents’ finances are looking rosier as capital discipline and higher oil prices work their magic. Will a cash flow bonanza lead to more drilling?

• The Edge

  Will oil companies start spending again?

  • 26 febrero 2021

  The oil and gas sector is bouncing back strong. After savaging costs and spend in response to last year's crisis, and with Brent soaring over US$65/bbl, we expect a resurgence of upstream cash generation in 2021. How much free cash flow will the sector generate? What will companies do with it?

• Opinion

  Asian buyers stay cool as US LNG hit by the deep freeze

  • 24 febrero 2021

  So, when freezing conditions hit the southern US last week, resulting in feedgas into LNG plants collapsing from above 10 bcfd to just below 2 bcfd, and with some Texas price markers soaring north of US$400/mmbtu, anxiety levels should have been rising.

• Opinion

  Could oil Majors and Independents generate record free cash flow this year?

  • 25 febrero 2021

  IOCs have just been through one of their toughest ever years. But the sector is primed for a V-shaped free cash flow recovery, potentially to record levels. What’s fuelling the shift in fortunes, and how will it shape corporate priorities?

• The Edge

  Big Oil’s offshore wind journey is only just beginning

  • 12 febrero 2021

  Offshore wind is at the forefront of the Euro Majors' new energy strategies. It's a proven technology, ready for scaling up – and the latest UK permits show the competition for projects is heating up. How big could it be for Big Oil?

• Opinion

  Are Japan’s upstream players heading for the exit?

  • 02 febrero 2021

  Japan’s trading houses are re-thinking their long-term strategies around upstream investment.

• Opinion

  Biden’s climate plans aim at job creation

  • 29 enero 2021

  The president wants to support renewables and EVs, while having little immediate impact on oil and gas

• Opinion

  China-US relations, tech wars and climate change

  • 26 enero 2021

  When President Xi Jinping spoke of the risks of ‘tech wars’ at the World Economic Forum’s virtual Davos Agenda event on Monday, there was little doubt who he was aiming at. At a White House briefing later that day, press secretary Jen Psaki stated that “Technology is of course at the centre of US-China competition.”

• Featured

  Five trends that will cut global emissions in 2021

  • 27 enero 2021

  Even a global pandemic couldn’t keep climate change from climbing the corporate agenda in 2020, and that momentum will only build in 2021. Which trends will have the biggest impact on extractive industries like oil and gas and mining in the year ahead? Read our analysts’ predictions.

• Featured

  Tough calls for the upstream supply chain in 2021

  • 25 enero 2021

  This will be a defining year for the upstream supply chain, with many service sector companies facing stark decisions about their future direction. Read our predictions and expert analysis in ‘Upstream supply chain: 4 things to look for in 2021’.

• Opinion

  Making sense of Asia’s sky-high spot LNG prices

  • 20 enero 2021

  None of us could have foreseen what happened this winter. Cost of supply became an irrelevance as Asian spot LNG prices went into orbit. From lows of around US$2/mmbtu in April, the JKM price soared north of US$32/mmbtu last week, with media reports of Trafigura purchasing a cargo from Total at US$39.3/mmbtu.

• Featured

  How far will upstream M&A activity rebound in 2021?

  • 25 enero 2021

  This year will almost certainly bring a more buoyant M&A market, but there are structural headwinds to be faced. Read our full set of predictions for the year ahead in Global upstream M&A: 4 things to look for in 2021.

• Featured

  Gas and LNG: why 2021 will be a defining year

  • 14 enero 2021

  The year ahead will shape the role of gas in the energy transition. Read our predictions for the top five global trends for gas and LNG, and how they could play out in Europe, North America and Southeast Asia.

• Opinion

  Catch, don’t release: the dawn of the CCS era

  • 11 agosto 2021

  With three of the largest gas projects approved this year – Barossa (Australia), North Field East (Qatar) and Ghasha (UAE) coming with associated CCS plans, do barriers exist for carbon sequestration's continued growth?

• The Edge

  Is the world sleepwalking into an oil supply crunch?

  • 16 julio 2021

  Where new oil supply to 2030 will come from and what it costs

• Opinion

  Three lessons the renewables boom can learn from the shale bust

  • 21 julio 2021

  What could the renewable energy industry and its investors learn from shale's experience? A few interesting points of comparison are starting to emerge.

• Opinion

  US oil producers live up to their promises on spending restraint

  • 16 julio 2021

  The recovery in crude prices, taking WTI to over $70 a barrel, has meant that the cash flows coming in to US E&Ps have been soaring. But the industry’s response to these price signals, in terms of increased activity and production, has been much more cautious than has been typical over the past decade. Management teams have talked about strengthening balance sheets and returning cash to shareholders, and now they are delivering on those commitments.

• The Edge

  How to scale up carbon capture and storage

  • 09 julio 2021

  Industrialising a nascent technology that’s critical for net zero targets

• Opinion

  What lies beneath: why Middle East upstream resources are so advantaged

  • 05 julio 2021

  With future oil and gas demand highly uncertain, advantaged resources with the lowest costs, lowest carbon emissions and best economics stand the greatest chance of being commercialised. The Middle East won the geological lottery, but how does it fare on other fronts?