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?

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: What oil supply is at risk of shut in?

• 09 4月 2020

During the last downturn in 2015/16 supply was relatively unaffected. Even the highest cost wedges kept producing; the associated shut-in costs were deemed too high. But prices only dipped below US$45/bbl for a year, and below US$35/bbl for one quarter. Storage levels were of less concern. There is no precedent for the scale of potential shut-ins for today’s asset classes, if oil prices remain low for a prolonged period. The industry’s ability to keep higher-cost barrels flowing is being severely tested. This downturn, there could be a significant impact on currently producing fields as well as future supply.

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.

Equinor carves Gulf of Mexico niche with Monument discovery

• 06 4月 2020

Norwegian operator Equinor today announced it struck 200 feet of oil pay at the Monument exploration well, in the US Gulf of Mexico.

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?

Shell dividend cut frees up US$10bn

• 30 4月 2020

Anglo-Dutch supermajor Shell today slashed its dividend by 66%, the first time the company has cut cash distributions to shareholders since World War II. The annual pay-out will fall from US$14.9 billion to US$5.1 billion, freeing up US$10 billion of capital.

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.

NOCs to slash over a quarter of exploration budgets on average in 2020

• 20 5月 2020

National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, 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

High-Frequency Oil Production Monitor

Receive daily oil production estimates for critical oil global producers.

Turkey nets largest-ever find with Tuna-1 gas discovery

• 21 8月 2020

A gas discovery of the scale of the Tuna-1 find in the Black Sea, if developed, would be transformational for Turkey, given its overwhelming reliance on imports and crippling energy import bill. Turkey is chiefly reliant on piped gas from Russia, Azerbaijan and Iran but the share of liquefied natural gas imports has also continued to grow.

Natural Gas Production Forecast

Get the most accurate gas production forecasts in the market, with weekly updates and detailed production forecasts for over 50 regions in North America.

US energy dominance faces long-term challenges

• 17 4月 2025

While the United States currently dominates global oil and gas production, it faces significant challenges to maintaining the same level of leadership in the coming decades, according to the latest Horizons report from Wood Mackenzie.

How to stop Nigeria’s oil industry losing relevance

• 04 12月 2018

What would it take to make Nigeria's oil industry competitive again? Simon Flowers investigates.

Webinar | Oil price crash: fiscal responses

• 30 4月 2020

Oil price crash: what next for fiscal terms? Petroleum investors, producers, suppliers and governments are coming together to try and find solutions to the current industry crisis. The oil revenue cake that they all feast on has shrunk, dramatically.

What the energy world looks like in 2030

• 28 1月 2020

This decade promises unprecedented change in the way we produce and consume energy. Find out how that will take shape in this week's Edge.

Champagne supercycle: taking the fizz out of the commodity boom

• 15 7月 2021

Another supercycle is coming. Anticipation of future demand growth has generated palpable excitement, driving commodity prices to post-pandemic highs.

Webinar | North America gas markets H2 2020 long-term outlook

• 04 2月 2021

Join us on February 4 to hear our H2 2020 long-term North America gas markets outlook extended to 2050.

Carbon management frequently asked questions part 2: offsets

• 12 3月 2024

Next up in this series, we tackle some of the most frequently asked questions surrounding carbon offsets

TotalEnergies named industry’s most-admired explorer

• 31 5月 2021

For the second consecutive year, French major TotalEnergies has been named the upstream industry’s most-admired explorer, an accolade awarded as part of with Wood Mackenzie’s industry-leading annual Exploration Survey.

Webinar | The Deepwater Gulf of Mexico Revival

• 14 11月 2019

While tight oil has grabbed headlines, the deepwater United States (US) Gulf of Mexico (GoM) has become leaner and more efficient. Join us as we analyze the changing dynamics in the region including: 1) What does the future of private equity investment look like in the US GoM? 2) Will 20K technology kick off the next phase of growth in the US GoM? 3) How has the US GoM reinvented itself to remain competitive?

Lens platform: Lens Hydrogen

• 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.

ADNOC doubles net hydrogen production through stake in ExxonMobil’s Baytown project

• 01 10月 2024

The ExxonMobil Baytown Blue Hydrogen complex has announced major developments in recent months, rounded off by ADNOC taking a 35% stake in the project. The project – if developed – would become the world's largest blue hydrogen project, producing 0.9 million tonnes per annum (Mtpa) of blue hydrogen and 1 Mtpa of blue ammonia.

Arrow Energy sanctions Surat Gas Project

• 17 4月 2020

Arrow Energy sanctions Surat Gas Project

The Biden administration seeks help on fuel prices

• 18 3月 2022

The cost of gasoline has become a political problem for President Biden. He does not have many options for bringing it down.