2020 gets off to a bumpy start for the refining sector

• 21 1月 2020

This year may prove to be a strong one for the refining sector, but 2020 has had a difficult start. Wood Mackenzie expects some turbulence this year as a number of factors come together – geopolitical risk, the impact of IMO 2020 regulations, and US tight oil production slowing, among them.

China’s demand drops for first time since 2009 as coronavirus hits oil markets

• 04 2月 2020

The near-term impact of the coronavirus outbreak on oil demand remains uncertain as much depends upon when and how China’s manufacturing industry restarts after the currently extended Lunar New Year public holiday.

Webinar | Appalachian players under stress: The impact of low gas prices on Marcellus portfolios

• 25 2月 2020

During the webinar, Wood Mackenzie experts discussed: 1. Of the pure plays (ex: Cabot), who looks best positioned to weather low prices in the long-term? 2. Hedging portfolios: How much time do they have? 3. Debt: Who is most at risk of breaching a covenant in 2020 in the Appalachia and how do maturities factor in? 4. What actions can operators work towards in the near-term to address these issues?

OPEC+ ‘no deal’ a blow to the market

• 06 3月 2020

The OPEC+ meeting broke up without a deal, what does it mean for the markets?

Oil price rout may trigger major industry shake-up

• 10 3月 2020

As global markets reel in the wake of the oil price crash, Wood Mackenzie’ corporate analysis team believes the price collapse could be the trigger for a new phase of deep industry restructuring - one that rivals the changes seen in the late-1990s.

Companies pass on the US Gulf of Mexico lease sale

• 18 3月 2020

Today’s region-wide Gulf of Mexico Lease Sale 254 saw 84 bids received from 22 participating companies, with high bids totalling US$93 million. That amounts to roughly half of the previous lease sale, held in August 2019.

Industry slashes spending as price rout deepens: Can companies cope?

• 19 3月 2020

Survival mode has returned to the oil and gas sector as the oil price rout deepens. Corporate financials are in better shape than during the 2014/2015 crash, but room for manoeuvre is limited. Can companies cope with prices this low?

Webinar: Oil price crash - deep cuts in upstream investment

• 26 3月 2020

The upstream oil and gas sector faces unprecedented uncertainty. It is clear oil companies must act quickly. Cuts to discretionary investment will be immediate and deep. While there are parallels to 2015-16, many things have moved on since the last downturn.

State of the Market: webinar series

• 01 4月 2020

Webinar | Japan's E&Ps: structural change and the road ahead

• 27 3月 2020

They are a material, often unheralded, part of the upstream industry, producing 1.6 million boe/d. But, the energy transition and declining domestic demand has forced Japan’s upstream companies to review their strategies. Japanese explorers and producers face a tough choice: to grow or to exit the sector entirely? Join Asia Pacific Research Director Angus Rodger and Upstream Research Associate Zixin Goh as they examine the road ahead for Japanese E&Ps.

Can the North Sea survive the price rout?

• 23 3月 2020

The North Sea has weathered several storms in its 50-year existence. But the events of the past few weeks mean the sector is entering uncharted waters. The coronavirus pandemic and collapse in OPEC+ production restraint has seen Brent reach its lowest point since 2003.

Oil price crash dents timeline of Australia’s second wave of FIDs

• 26 3月 2020

Wood Mackenzie’s latest analysis reveals that Australia’s next wave of LNG projects are likely to be delayed.

Oil price rout: which supply is most at risk of shut-in?

• 27 3月 2020

The coronavirus pandemic is reducing oil demand. The OPEC+ production restraint agreement fell apart on 6 March and Saudi Arabia is rapidly increasing supply. The result: Brent crude has plunged to less than US$30/bbl. This will have a significant impact on currently producing fields and future supply. How low can the price go before different sources of production become uneconomic? Where are production shut-ins most likely? Can governments influence the result?

India’s 21-day lockdown – Impact on commodities?

• 30 3月 2020

India is under a three-week lockdown from 25 March to contain the spread of the coronavirus outbreak. Wood Mackenzie analysts discuss what this means for the power, coal, gas and LNG, and oil products sectors.

Webinar | Gas and power market updates

• 09 4月 2020

Covid-19 pandemic and plunge in oil price: what do they mean for APAC gas and power markets? 新冠疫情大流行和油价暴跌会如何影响亚太天然气和电力市场？

African upstream capex ‘may be slashed by 33%’

• 31 3月 2020

Faced with the double whammy of the oil price crash and the coronavirus pandemic, Africa’s upstream sector looks set to slash capital spending by around 33% in 2020. Similar cuts to operating costs are also targeted by producers to stay cash-flow neutral. Unlike the 2015-16 price crash, this time nothing is sacrosanct: some operators will even wield the axe on committed spend, as well as the discretionary expenditure.

Webinar | Collapsing demand sets the terms in the battle for market share

• 07 4月 2020

The global oil market has been hit hard with collapsing demand while OPEC+ abandoned its production restraint and supply began rising. Topics will include: • The outlook for global oil demand in 2020 – how low can it go? • China demand is stabilizing – Will US and Europe follow that path? • The impact of low oil prices on US Lower 48 • OPEC and non-OPEC supply: What is up and what is down • Implications for 2020-2021 oil prices

Webinar: The Majors' playbook for low prices

• 03 4月 2020

The Majors have reacted swiftly to the oil price collapse. What are the levers they can pull if oil prices remain low? • Have they cut enough? • Have the cuts been to the bone? • Can M&A save the day? • Are dividends at risk?

Collapsing demand sets the terms in the OPEC+ battle for market share

• 09 4月 2020

Since OPEC+’s failure to agree on production restraint on 5-6 March, the implications of the Covid-19 pandemic have become far clearer, sparking a crisis in the oil market as prices fell and supply ramped up. The problem for these producers is the scale of the fall in oil demand, especially during April and forecast for Q2 2020. No matter the size of the varying forecasts, they all point to a challenging market that puts pressure on storage space and prices.

Webinar | Live CAISO Q+A

• 15 4月 2020

In this webinar, our power analysts will discuss trends they’re seeing in CAISO and answer questions about the impacts the coronavirus is having on the region.

Upstream oil & gas: region-by-region predictions for 2024

• 10 1月 2024

From investment to M&A and decarbonisation strategies, read our predictions of the global upstream trends to watch – and how they could play out in your region.

CCUS: 5 things to look for in 2024

• 09 1月 2024

Carbon capture, utilisation and storage (CCUS) is set for a strong year, with key project milestones, regulatory developments and new technology deployment.

Global upstream: four current key themes

• 10 1月 2024

Current hot topics include efficiency challenges in the US Lower 48, changing corporate landscape in Nigeria and Russia’s energy alignment with China

Decision time for oil and gas companies in 2024

• 10 1月 2024

It’s shaping up to be a turbulent year for national oil companies (NOCs), Independents and Majors alike, with potentially significant shifts in strategic playbooks.

Equity special winter report: flush production

• 08 12月 2023

Exploring operator strategies and regional dynamics in the surging US gas market

COP28: This year’s COP is breaking new ground | Podcast

• 06 12月 2023

Ed Crooks is joined by Dr. Melissa Lott and Michael Webber as they dissect the latest energy trends at COP28. Phase out vs phase down is still the big topic, and the team give their take on the future of fossil fuels.

COP28: The Energy Gang on the ground at COP28: the summit so far | Podcast

• 04 12月 2023

In the inaugural instalment of our on-the-ground coverage at COP28, Ed Crooks is joined by Amy Harder and Bill Spindle from Cipher to discuss the significant developments unfolding in Dubai.

Third wave US LNG: a $100 billion opportunity (part 2)

• 01 12月 2023

How can developers of new US LNG capacity generate double digit returns and reach FID?

COP28 preview: five things to look for

• 23 11月 2023

Paris reset or Groundhog Day?

Latin America upstream: opportunities and challenges

• 24 11月 2023

Wide-ranging opportunities mean expectations for the future of oil and gas in the region are sky-high. But can they be met?