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

• 06 12月 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.”

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

• 06 12月 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.

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

• 17 11月 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.

Wood Mackenzie launches Lens Gas & LNG

• 15 11月 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.

The complexity of capital allocation for oil and gas companies

• 10 10月 2024

The slower pace of the energy transition is influencing Big Oil’s capital allocation. What share of cash flow is the industry re-investing? How much will upstream spend rise in 2025? Why have NOCs become the biggest spenders on low carbon?

Six energy game-changers since 2015

• 11 8月 2023

The first Edge was published in December 2015. To mark the 300th edition, here are our top game-changers in energy markets over the last eight years.

Oil Supply Tool

Understand the prospects for future oil and NGL supply, and make astute planning, trading and investment decisions.

European Energy Service

Stay on top of key fundamentals and get to the bottom of Europe's dynamic energy markets with our European Energy Service.

Horizons podcast: Scraping the barrel

• 06 3月 2023

Is the world running out of high-quality oil and gas? Valentina Kretzschmar, Head of Energy Transition at Capricorn Energy and Andrew Latham, Vice-President of Energy Research at Wood Mackenzie join to discuss this month’s Horizons topic.

New Page

• 20 4月 2023

Maximise opportunities across the hydrogen and ammonia value chain with Wood Mackenzie Lens Hydrogen. Identify, screen, and benchmark the hydrogen economy worldwide.

Oil and Gas Emissions Benchmarking Tool

Inform strategic decisions regarding oil & gas emissions risk management at scope 1, 2 and 3

Ethylene Cracking Monitoring Alerts

Real-time data and alerts on feedstock and ethylene markets

North American oil, power and gas trading: 7 things to look out for in 2025

• 22 1月 2025

From extreme weather events to the global effects of Canada’s new TMX pipeline, what will shape the markets this year? Includes price volatility, Permian basin consolidation, thermal retirements and more.

New CEO Looney rings changes at BP with ambitious climate plan

• 12 2月 2020

Speaking after BP’s new chief executive Bernard Looney unveiled the major’s ambitious climate commitments today, Luke Parker, vice president, corporate analysis, said: “BP joins Shell, Total, Equinor and Repsol in making a major commitment to reduce its net carbon footprint. “This marks a major turnaround in BP’s position. Just 12 months ago former CEO Bob Dudley said the company could not be held accountable for how people use its products. Looney is taking the company in a very different direction.” Parker added: “It’s an ambition, rather than a target, but the commitment appears to be unconditional. In terms of scale of commitment, this puts BP towards the top of the pack, along with Repsol and Equinor. “This will see BP’s business completely transformed over the coming decades: renewables and carbon abatement will get very big, legacy oil and gas will eventually get smaller. But the transition to 2050 is a multi-decade transition - not something that will happen in the next year or so.”

OPEC agrees 1.5m b/d output cut as coronavirus eats into global demand

• 05 3月 2020

The OPEC oil producers' group and its non-OPEC allies are poised to deepen its production cuts by 1.5 million barrels per day as the coronavirus (Covid-19) outbreak eats into global oil demand.

Navigating the Oil Price Crash in Asia Pacific

• 18 3月 2020

On 9th March, Brent fell 30% and has seen continued volatility in the following 24 hours, sending a shockwave through global energy markets. What does this mean for Asia Pacific?

China’s crude reserves to reach 1.15 billion barrels in 2020

• 23 3月 2020

Wood Mackenzie’s latest analysis reveals that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion barrels in 2020, equivalent to 83 days of oil demand.

Gas sector impacted by triple whammy of coronavirus, oil price crash and LNG oversupply

• 01 4月 2020

In its latest short-term gas and LNG outlook report, Wood Mackenzie weighs the risks coronavirus, sustained low oil prices and LNG oversupply pose to the sector this year.

US$210bn of new spend in firing line as players target cost cuts

• 02 4月 2020

The oil price crash has hit the upstream sector hard. Deep cuts are being made across the board, but it will have a dramatic impact on the industry’s project pipeline. Global natural resources consultancy Wood Mackenzie believes almost all pre-FID projects will be deferred. Of the 50+ projects we identified with potential to go ahead this year, only 10 have a chance of proceeding, but all are at risk.

Webinar: Oil price crash: navigating the impact on activity, supply chains and cost

• 08 4月 2020

In this webinar we bring together experts from Wood Mackenzie’s Lower 48, upstream and upstream supply chain teams as well as our sister company, Power Advocate, to discuss the impact of the oil price crash on activity levels, the service sector industry and costs.

Webinar: IMO 2020 impact on upstream producers, LNG and bulks(2)

• 07 5月 2019

Join us on this upcoming webinar where our industry experts will discuss how and where the ripples will be felt as we edge nearer to the implementation date of 1st January 2020.

Webinar | Widespread shut-ins to tight oil is uncharted territory. How might this unfold?

• 07 5月 2020

Widespread shut-ins to tight oil is uncharted territory. How might this unfold? Who and where will likely be impacted the most? How will producers create a shut-in strategy? How deep can shut-ins go? How much of the shut-in volume comes back online?

Webinar | Global exploration before and after Covid-19

• 28 5月 2020

Our annual survey of the global exploration industry, conducted largely before coronavirus hit and the oil price crashed, showed signs of cautious optimism. Despite the threat posed by the energy transition, explorers were looking forward to another 30 years of exploration. There was, however, a keen awareness of the challenges ahead – the fight to remain investible, the need to increase capital efficiency and the opportunities and risks presented by deepwater exploration. Join us for a webinar discussing the results on the 2020 survey both in the context of the pre-COVID-19 view and in light of the new world we live in. We’ll cover which exploration companies stood out from the pack in 2019, the changing focus of explorers and the role of exploration in today’s energy companies.

Bangladesh to double its fossil fuel imports in a decade

• 14 5月 2020

Bangladesh is expected to double its fossil fuel imports to 32 million tonnes of oil equivalent (Mtoe) between 2020 and 2030, says Wood Mackenzie.

Distress in energy and natural resources

• 22 5月 2020

Helping investors evaluate opportunities in energy and natural resources during the Covid-19 crisis

Webinar | Low oil prices: where next for the Australasian upstream sector?

• 02 6月 2020

Australia’s upstream sector was set for a bumper year in 2020. We expected a ramp-up of LNG supply, billions of dollars of new upstream investment, and plentiful growth opportunities via exploration and M&A. But everything changed. The double impact of the coronavirus and the oil price crash has swept through the industry. Upstream operators are in a fight for survival. Join Wood Mackenzie's Australasian team for a live webinar discussing what happens next and why, including: • How the investment outlook has changed • The big reset of pre-FID project timelines, and what it all means • Do low prices present an M&A opportunity? Presenters: Adele Long – Senior Research Manager Daniel Toleman – Senior Research Analyst David Low – Senior Research Analyst

China’s Q2 2020 oil demand shows signs of recovery

• 26 5月 2020

According to the latest analysis by Wood Mackenzie, China’s oil demand will recover to 13 million barrels per day (b/d) in Q2 2020, a 16.3% jump compared to Q1 this year.

North America Crude Oil Runs Forecast

Access a detail-driven refinery crude runs forecast for the US and Canada. Our North American Crude Oil Runs Forecast provides primary insight into refinery demand, including historical trends and predicted forecasts.

North American Waterborne Crude Report

Get key fundamental intelligence into waterborne crude movements for the US and Canadian coasts

NGL Infrastructure Intelligence

Access on-demand data for NGL infrastructure expansion and anticipate in-service dates for upcoming projects.