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Our experts unpack the 5 key trends shaping Asia’s oil and refining markets in 2025 and what to expect in 2026
For the global and regional energy sector, Kazakhstan’s stability matters. What are the short- and long-term consequences of recent events?
ADIPEC will take place from 4-7 November in Abu Dhabi. The event will focus on the role of energy in driving a comprehensive transformation that benefits people, the planet, and our collective prosperity.
The second half of 2018 was a very challenging time for refining. This weak commercial performance was due to a whole host of adverse market developments. Are these developments temporary or are they here to stay?
Recent events have created a perfect storm in the oil markets, the likes of which have never been seen before. Do these clouds carry any silver lining? Listen to the latest episode of the Asia Pacific Energy podcast.
Competition is fierce and struggling Asian refiners must now take full advantage of the abundant crude options to maximise their margins.
As winter 2023 comes to an end in the US, read about some of the key gas production and pricing updates from the last quarter
There are signs that the coronavirus is gradually being brought under control in many countries, but any pick-up in activity will be tentative and uneven, and will face headwinds from the chaos in the global economy.
US LNG export plants are working flat-out to meet strong global demand for gas that has been reflected in soaring prices. With new capacity coming on stream late in 2021 and early in 2022, the US is emerging as the world’s largest LNG exporter.
Good news on Covid-19 vaccines points to a rebound next year, but there are still some difficult months ahead
A new tariff plan on imports would affect US consumers, global oil markets and refining, if implemented post US election.
We've condensed dozens of discussions at Wood Mackenzie's first Russia downstream forum and the 7th CIS Petrochemicals 2019 Conference into 4 of the hottest topics.
The dramatic fall in oil prices has forced the industry to look hard at capex plans and the efficiency of operating assets and functions, with significant downward pressure on rates.
The average retail gasoline price in the United States is now close to U.S.$3 a gallon, while in Germany, gasoline is retailing at an average of €1.40 per litre. We last saw prices like these in November 2014. Could we see a repeat of the 2014 reprieve?
The Middle East conflict has shattered assumptions about US energy independence but American tight oil is responding. With prices elevated and activity picking up, Wood Mackenzie has raised its US production forecasts, and next year's output response could be significant.
The Biden administration this week issued an order suspending further work on oil leases in the Arctic National Wildlife Refuge in Alaska, pending a new environmental review. The order follows through on a commitment that President Joe Biden made on his first day in office. Drilling in ANWR has always been highly controversial, and the lease sale in January attracted only limited interest.
The US government is starting to buy crude and facing calls for it to manage the oil market, as demand continues to weaken. In this week's Energy Pulse by Ed Crooks.
Ten under-the-radar and headline-making moments that reshaped global energy in 2025
Steep new US tariffs and global retaliation send shockwaves through energy markets - discover what it means for prices, demand and industry investment.
In an energy hungry world beset by growing trade tensions and shifting energy policy, volatility creates opportunity for commodity traders who can stay one step ahead of market shifts. So, what are the opportunities and challenges set to shape crude and refined product markets as 2025 progresses?
Tight oil producers are dealing with prices half of what the sector was founded on. The worst positioned won’t survive this downturn.
The upstream oil and gas industry continues the push to decarbonise production but faces increasing regulatory uncertainty
As US E&Ps are battered by plunging oil prices, the Trump administration is considering offering them financial support. This and more in this week's Energy Pulse with Ed Crooks.
From increasing M&A activity to supply wildcards, here’s the latest trends in upstream oil & gas
On the eve of the COP26 climate talks, the US and EU announced a plan to draw up the first ever trade agreement based on carbon emissions. Under the proposed deal, steel and aluminium from high-emitting producers would be penalised in US and EU markets, while metal produced with low emissions would be favoured, subject to other conditions.
As the publicity material for International Energy Week 2025 – held in London from 25-27 February – states, we live in an energy-hungry world. Amid growing trade tensions and shifting energy policy, what does that mean for oil and gas?
September 14 drone strikes on Saudi Arabian oil and gas infrastructure at Abqaiq and Khurais highlighted the vulnerability of Asia's oil markets to an attack on facilities in the Middle East. Analysis from Gavin Thompson.
Russia is a major energy exporter and a key player in the global energy market. Despite its 6.5 million barrels per day of refining capacity, its critical role in the global refining industry is not often recognised. Alan Gelder explains Russia's role and influence in the global energy market.
Alan Gelder looks at the ways in which US tight oil has revolutionised the global oil market. This article first appeared on Forbes.com on September 27, 2018.
The coronavirus outbreak is having a transformational effect on global olefins. Supply, demand, trade, pricing, costs and margins are all being impacted to the extent that it will undoubtedly reshape the wider industry. So, what forces are defining the ‘new normal’?
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