In conversation with Asia Pacific’s CEOs

• 04 November 2020

We hosted the CEOs of PETRONAS, Santos and Medco, the chairman of Indian Oil Corporation, and many other senior executives from a range of leading oil and gas companies, utilities and banks over two days at our APAC Energy & Commodities Summit last month.

Ukraine: webinar on the impact for commodities and countries

• 11 March 2022

In our rapid response webinar, our experts discussed the impact the crisis in Ukraine is having on global commodities.

Oil in a decarbonising world

• 22 September 2022

What is the trajectory of oil demand in a world that’s decarbonising and how will that influence prices?

The Norwegian emissions dilemma

• 05 August 2024

What is the real impact of curtailing production from Norway on the broader European energy landscape?

Getting China back on track

• 24 October 2024

Commodity markets are suffering from the impact of China's current economic difficulties on domestic energy demand. China’s government has just responded with an ambitious stimulus package aimed at shoring up its faltering manufacturing sector and boosting weak consumer confidence.

OPEC producers key to world supply through to 2040

• 16 July 2018

Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.

What if the energy transition accelerates?

• 14 November 2018

What if the energy transition accelerates? And what that could mean for renewables, coal, oil, gas and emissions. Simon Flowers investigates.

An ADNOC trilogy (part 3): big gas ambitions

• 15 September 2023

ADNOC’s gas self-sufficiency strategy relies on the development of ultra sour, unconventional, and gas cap resources – but the cost and complexity are impeding progress

After the crash: five key changes in US Gulf of Mexico

• 04 June 2020

How US Gulf of Mexico companies have adjusted their budgets and production levels in response to the 2020 oil price crash

Energy transition to trigger steep decline in eastern Australia’s gas demand

• 08 March 2022

Eastern Australia’s gas and power markets are at the forefront of Asia Pacific’s energy transition. Markets are undergoing a radical transformation, one which could see gas demand decline by 60% in 2050, depending on the pace of the energy transition, Wood Mackenzie, a Verisk business (Nasdaq:VRSK), said today.

Low oil price could squeeze out 4 million b/d of non-OPEC supply

• 19 April 2020

The OPEC+ ‘deal of the century’ last weekend changes oil market dynamics in the short run. Find out more in this week's Edge.

What next for the oil market as the US reimposes sanctions on Iran?

• 06 November 2018

What next for the oil market as the US reimposes sanctions on Iran?

Big oil, new energy and the stock market

• 19 June 2020

Big Oil is on the move, feeling its way into a changing energy world. There are two sides to adapting: how to decarbonise oil and gas and how to build a sustainable business around zero-carbon technology. European and US Majors are following two very different paths.

UK North Sea M&A gains pace with NEO, Waldorf deals

• 10 March 2021

The latest acquisitions by NEO Energy and Waldorf Production continue what has been blockbuster start to the year for UK M&A with buyers and sellers buoyed by the recent recovery in prices. Just over two months into 2021 and UK disclosed deal spend has reached US$2.7 billion, almost equalling last year’s total, making it one of the hottest markets globally.

How the big Gulf producers are investing in 2019

• 15 January 2019

What are the upstream investment strategies of big Gulf producers? And how much are they spending? Find out here. With analysis from Simon Flowers and Jessica Brewer.

The challenges and opportunities in Europe’s oil & gas, CCUS and hydrogen sectors

• 10 November 2023

To accelerate Europe’s energy transition, investors need to leverage opportunities to diversify the region’s energy mix.

The mounting challenges facing Europe’s power market

• 22 July 2022

Power prices have soared across Europe. The power market itself faces multiple other challenges to keep the lights on this coming winter. What are the short-term options for governments, regulators and the industry to ease the price pressure on consumers?

Emissions Benchmarking Tool

The Emissions Benchmarking Tool provides transparency at the asset and corporate level for Upstream, Downstream and Metals & Mining.

Biden, China and politics of energy

• 11 November 2020

As the new administration looks to take the US back into the Paris climate agreement, will the US and China work together on tackling global warming?

OPEC+ set for rollover but risk clouds supply outlook

• 30 June 2019

As OPEC and OPEC+ meet in Vienna, the outlook for the market is mixed, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie said. “Geopolitical risk means the supply outlook is tightening, offsetting the moderate weakening in oil demand growth thus far this year,” she said.

Class of 2022: benchmarking this year's upstream FIDs

• 31 March 2022

We benchmark the major oil and gas projects seeking FID in 2022 on economics and emissions metrics

Attack on Saudi Arabia's oil facilities

• 16 September 2019

This attack has material implications for the oil market, as a loss of 5 million barrels per day of supplies from Saudi Arabia cannot be met for long by existing inventories and the limited spare capacity of the other OPEC+ group members. A geopolitical risk premium will return to the oil price.

US anger at OPEC+ production cut

• 11 October 2022

The decision provoked some anger in the US. But the actual production cut is smaller than the headlines imply, and is coming as global demand for oil is faltering.

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).

What does the Chevron-Hess deal mean for oil and gas?

• 31 October 2023

The creation of a second Mega Major hot on the heels of ExxonMobil-Pioneer has big implications for the sector

Australia’s deepening gas market turmoil

• 01 February 2023

Gas price caps across Australia’s east coast spook producers and LNG buyers.

Oil and gas companies will recalibrate strategies in 2023

• 14 December 2022

The energy crisis will give rise to new opportunities for Majors, Independents and NOCs in 2023 – but operators will also face numerous headwinds and an uncertain outlook.

Why COP26 has to succeed

• 28 October 2021

What happens if COP26 doesn’t put the world on a 2 °C or lower pathway? Our latest Energy Transition Outlook explores what happens if COP26 fails to lay down the law on collective goals and actions to tackle climate change.

OPEC+ strikes a deal to avoid oil glut

• 04 December 2020

The production cuts agreed by the OPEC+ group in April have been highly effective in rebalancing the oil market after the pandemic sent demand plunging. With hopes growing of a stronger rebound next year, some countries, led by the United Arab Emirates, have been calling for OPEC+ to stick to its plan to allow almost 2 million b/d of extra production in January. But demand is expected still to be weak in the first quarter at least, as the Covid-19 vaccines begin to be rolled out. An OPEC+ production increase of that size would have risked an oversupplied market and falling crude prices. Facing that risk, the OPEC+ ministers pulled back from the brink and agreed a production increase of just 500,000 b/d, to be reviewed for possible further increases every month.

Upstream players need to boost spending to meet future demand

• 24 October 2018

Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade.