The on-demand recording for this webinar is now available here.
Oil and gas companies face a capital allocation dilemma as they forge their plans for 2026. Downside risks could send prices materially lower in the near-term. But the slowing energy transition will require all companies to work out how to extend their oil and gas portfolios into next decade while recalibrating their low-carbon growth strategies. Pressure to return capital to shareholders and retain financial strength will also cap re-investment rates.
Join our experts on September 9th at 9AM BST/4PM SGT (EMEA/APAC) and 10AM MDT/5PM BST (Americas/EMEA) to find out how oil and gas companies will manage this complex dynamic.
Focused on 34 of the world’s largest oil and gas operators, this webinar will share insights from the latest Corporate Strategic Planner 2026 - Oil & Gas report from Wood Mackenzie's Corporate Strategy & Analytics Service. This timely analysis is designed to help companies, advisors and shareholders anticipate and navigate the key themes for the 2026 planning and capital allocation cycle.
Agenda:
- Investment trends: shifting priorities as the energy transition slows – will companies continue to prioritise shareholders and balance sheets over long-term portfolio needs?
- Corporate guidance: what is current guidance for capex and production and how might the outlook evolve with volatile commodity markets and cost uncertainty?
- The 2026 planning cycle: how are capital allocation dynamics shifting across Upstream, Downstream and Low Carbon portfolios?
- Strategic drivers: what are the weaknesses that companies need to address?
Speakers
Tom Ellacott
Senior Vice President, Corporate Research
Tom leads our corporate thought leadership, drawing on more than 20 years' industry knowledge.
Latest articles by Tom
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Featured
Corporate oil & gas 2026 outlook
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Opinion
Power moves: TotalEnergies’ Integrated Power strategy assessed
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The Edge
Majors' capital allocation in a stuttering energy transition
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Featured
Corporate oil & gas 2025 outlook
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The Edge
The complexity of capital allocation for oil and gas companies
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Opinion
Ten key considerations for oil & gas 2025 planning
Raphael Portela
Principal Analyst, Head of Corporate Research - Downstream Oil & Gas
Raphael focuses on Latin America and its national oil companies as a senior analyst on our Corporate Research team.
View Raphael Portela's full profile
Alex Beeker
Director, Corporate Research
Alex is a research director on our Corporate Research team, focused on the Majors and US Independents.
View Alex Beeker's full profile
Neivan Boroujerdi
Director, Corporate Research
Neivan leads Wood Mackenzie's global corporate NOC coverage.
Latest articles by Neivan
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The Edge
NOCs begin a new phase of upstream internationalisation
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The Edge
The complexity of capital allocation for oil and gas companies
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Opinion
Ten key considerations for oil & gas 2025 planning
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Opinion
ADNOC doubles net hydrogen production through stake in ExxonMobil’s Baytown project
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Opinion
ADNOC acquires stake in Rovuma LNG from Galp
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Opinion
Benchmarking the Middle East NOCs against the supermajors