Poor capital discipline will drive difficult decisions for refiners

• 07 5月 2019

Sustained oil demand growth provides an opportunity for the refining sector. But is the refining sector being overly optimistic about the scale of the opportunity? And is it over-investing in total crude capacity? Get the latest analysis from Alan Gelder.

IMO 2020 and the rocky road to full compliance

• 10 4月 2019

Join our experts to tackle some of the industry's burning questions on IMO 2020 and the potential stumbling blocks.

4 key refining and chemical themes from Moscow

• 23 4月 2019

We've condensed dozens of discussions at Wood Mackenzie's first Russia downstream forum and the 7th CIS Petrochemicals 2019 Conference into 4 of the hottest topics.

Uncertainty shrouds impact of IMO 2020

• 26 2月 2019

The International Maritime Organisation’s (IMO) major change limiting the airborne sulphur dioxide emissions from international shipping is now less than a year away. What impact can we predict with certainty, and what remains unknown?

IMO aims to halve global shipping emissions – but what will it cost?

• 12 4月 2018

Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritime Organization's (IMO) 0.5 wt% sulphur cap for bunker fuels kicks in.

OPEC extends production cuts through 2018

• 30 11月 2017

A 9-month extension to the current OPEC agreement will help sustain prices in a global market that's still uneasy going into 2018.

Emissions Benchmarking Tool

Inform strategic decisions regarding emissions risk management via competitive benchmarking, portfolio analysis and economic impact assessment.

Nigeria's Petroleum Industry Bill scales new heights of fiscal complexity

• 16 11月 2020

Nigeria's latest attempt to reform its petroleum sector isn't just about finishing a job that started over 12 years ago. The government now seeks to make Nigeria's upstream, midstream and downstream competitive in the face of significant threats to oil demand, including the impacts of coronavirus and the energy transition.

In conversation with Asia Pacific’s CEOs

• 04 11月 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.

Electric vehicles can help save the environment, but can they save the owner money?

• 18 11月 2020

Using Wood Mackenzie's Total Cost of Ownership (TCOO) Model to compare the potential cost of owning an EV against an ICE vehicle over 10 years, it's clear that three variables - incentives, fuel cost and depreciation - really make the difference.

Biden, China and politics of energy

• 11 11月 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?

European refining at the Rubicon again – which assets will make it over?

• 04 12月 2020

European refining at the Rubicon again – which assets will make it over? Wood Mackenzie’s updated closure threat analyses 83 refineries in Europe and quantifies the risk of closure of each asset.

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.

Oil Supply Tool

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

Oils and chemicals sustainability: 5 things to look for in 2025

• 30 1月 2025

As ESG legislation evolves, stakeholders across oils and chemicals value chains need to adapt to circular business models.

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.

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

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.

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.

Saudi Arabia’s May 2020 OSPs for crude exports bode well for Asian refiners

• 16 4月 2020

Looking at the May OSPs, it is clear that Saudi Arabia wants to ensure its crude remains very competitive in Asia.

Asia olefins face historical production losses due to regional lockdowns

• 29 4月 2020

A new report from Wood Mackenzie shows that olefins production losses in Asia have reached historical highs as a result of regional lockdowns in the wake of the coronavirus outbreak.

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.

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.

West Texas Crude Oil Storage Report

Get exclusive insights into the key terminals connecting Permian Basin production to the Gulf Coast and Cushing.