How would a second wave of lockdowns affect oil and gas markets?

• 18 August 2020

The risk of a second wave of lockdowns is mounting, and with it the risk of an even deeper global recession. What would this mean for oil and gas market dynamics? And what are the implications for industry stakeholders?

Energy appointments signal Trump administration goals

• 18 November 2024

“Personnel is policy” is what they say in Washington, and President-elect Donald Trump’s first two nominations for senior energy roles in his administration send a clear signal about the policies he hopes to pursue.

Asia’s frozen upstream M&A sector begins to thaw

• 10 June 2021

Global upstream M&A is bouncing back. The recent increase in asset acquisitions saw North American deal flow hit its highest level since 2019, while across the rest of the world M&A activity is showing signs of a gradual – if uneven - recovery from the abyss of 2020.

Energy transition outlook: Americas

• 21 April 2026

North America focuses on domestic resource value while recalibrating climate and competitiveness priorities.

Oil recovery shows demand is still on a rising trend

• 08 October 2021

When consumption plunged as the pandemic hit, there were claims that the world had passed Peak Demand for oil. As demand rebounds, those claims are set to be refuted and the price has jumped heavily for oil, gas and coal.

Heating up: 2024 showcased the promise of geothermal energy

• 19 February 2025

Geothermal energy is gaining momentum - driven by new tech, major investments and big tech partnerships. Is it the next big player in renewables?

M&A Service

Keep abreast of M&A developments, emerging trends and acquisition opportunities.

Webinar | Middle East and North Africa Upstream

• 20 February 2024

2023 was a year in which the Middle East and North Africa (MENA) region consolidated 2022’s gains. 2024 heralds much uncertainty: an expansion of OPEC quotas will impact short term oil production across the region while capacity expansion continues apace.

How AI is reviving the nuclear industry

• 30 September 2024

Surging electricity demand for AI is prompting companies and banks to look at building new nuclear power plants in the US. Government support will still be needed.

How hard will the oil price crash hit APAC upstream investment?

• 19 March 2020

Fast, deep cuts lie ahead in the Asia Pacific upstream sector in the wake of the oil price crash.

US low-carbon energy manufacturing booms

• 01 November 2024

Tariffs and tax credits are leading to a surge in US production capacity for solar equipment and batteries, but put upward pressure on costs

A new era for oil and gas in Mexico

• 16 May 2018

Look no further than Mexico for an example of what a successful energy reform looks like. Over the past five years, the country has dramatically overhauled its energy landscape. A new report analyses the impacts of the energy reform on the country's upstream sector.

Recycling alone can ease raw materials supply pressure but cannot meet demand

• 13 June 2022

While recycling can relieve some pressure from the supply deficit of battery raw materials, it will not be able to meet demand, says Wood Mackenzie.

Day 3: How can we finance the energy transition? Discussions from the final day of the Reuters Global Energy Transition Conference 2024

• 28 June 2024

Ed discusses the crucial theme of financing the energy transition. Hear from experts at Reactivate, Citi and more as they share their insights into addressing the financial challenges and opportunities presented by the energy transition.

Asia Pacific could become a global leader in the energy transition

• 21 February 2024

Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

Energy Pulse: in brief (4th August)

• 04 August 2023

Solar power construction breaking records around the world, oil and gas taxes under review in the UK, the latest on the claims of a breakthrough in superconductors, and more.

COP26 oil demand: in the cross hairs of emissions reduction

• 18 August 2021

Our COP26 briefing considers the implications for the oil market and refining industry of a global concerted effort to reduce emissions and limit a temperature rise by 2050 to 2 °C.

Are exploration’s days numbered?

• 17 July 2020

Exploration spend is heading south again as companies slash budgets to conserve cash. This downcycle though is different, with companies formulating decarbonisation strategies and peak oil demand on the horizon. Is exploration now facing an existential crisis?

Webinar | APAC Upstream Outlook 2025

• 25 February 2025

Join our webinar on the 25th February as we discuss the outlook for APAC Upstream oil and gas

The art of never letting a crisis go to waste

• 15 July 2020

I asked our experts what they believe governments and companies should be doing to ensure that they emerge stronger from the crisis.

Rebooting Asia’s energy transition

• 16 May 2024

Last week in Singapore, sector leaders, including CEOs, took to the stage for Wood Mackenzie’s 6th APAC Energy and Natural Resources Summit. The theme was ‘Rebooting Asia’s energy transition’.

US gas enters an era of increased price volatility

• 23 February 2024

A mild winter has driven US gas prices down to levels last seen during the pandemic. After the spike in prices in 2022, it seems as though the market has become more volatile. One key reason is that the US has not been building enough gas storage.

Wood Mackenzie 2021 Research Excellence Awards

• 28 March 2022

In 2021 our global analysts created an outstanding body of research, putting a unique angle on everything from Covid-19 and COP26 through the recovery of commodity markets and rising geopolitical risk.

Tough calls for the upstream supply chain in 2021

• 25 January 2021

This will be a defining year for the upstream supply chain, with many service sector companies facing stark decisions about their future direction. Read our predictions and expert analysis in ‘Upstream supply chain: 4 things to look for in 2021’.

All eyes on OPEC meeting as group mulls easing of production restraint

• 01 December 2020

OPEC held its scheduled bi-annual meeting virtually on 30 November 2020. Though the group was unable to reach an agreement at that meeting, up for discussion is whether the production restraint would be eased starting 1 January 2021.

US oil producers live up to their promises on spending restraint

• 16 July 2021

The recovery in crude prices, taking WTI to over $70 a barrel, has meant that the cash flows coming in to US E&Ps have been soaring. But the industry’s response to these price signals, in terms of increased activity and production, has been much more cautious than has been typical over the past decade. Management teams have talked about strengthening balance sheets and returning cash to shareholders, and now they are delivering on those commitments.

Can conventional oil projects compete with L48 oil?

• 14 March 2018

US tight oil has arrived with a bang, disrupting the oil market. But can conventional oil projects compete? Our latest report looks at where tight oil and other pre-FID conventional projects sit on the global cost curve.

What’s on the minds of CEOs?

• 16 October 2020

We hosted the CEOs from Shell, Total, Eni and SSE as well as senior executives from numerous other leading oil and gas companies and utilities over three days at our EMEA Energy Summit. So what were the hot topics?

Why upstream companies might break their capital discipline rules

• 13 February 2025

Stronger oil and gas demand could drive higher investment, rising prices, and more M&A in a slower energy transition.

World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

• 02 May 2024

A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.