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No silos allowed in the pursuit of a greener economy

21 October 2020

The move towards a circular economy is one of many initiatives being pursued as society seeks to reduce its environmental impact. Within the refining and chemical industries, there is an increasing focus on how technology and research can be applied to support the re-engineering of many product value chains, thereby reducing the environmental impact of specific products throughout their entire lifecycle.

Opinion

The nuclear moment

22 October 2021

Gas and coal prices have soared while governments commit to ambitious goals for cutting emissions. Nuclear power can be part of the solution.

Opinion

US Infrastructure bill bets on breakthrough technologies

12 November 2021

The US Congress has been debating two bills with big implications for energy. The first, the Infrastructure Investment and Jobs Act, has finally been passed by both House and Senate, and will be signed into law by President Biden.

Featured

Deepwater rising: The state of the global deepwater industry

05 December 2019

Deepwater is becoming increasingly important in the global upstream investment space. Research Director Ian Thom sat down with the upstream team to take a closer look at the trends shaping the industry.

The Edge

How high can the oil price go in 2021?

18 June 2021

The oil price has been on a bull run for over a year. Fundamentals are improving with oil demand bouncing back towards pre-pandemic highs as the global economy recovers. But OPEC+ is also playing a key role in rebalancing the market after the crisis of 2020. How much further could prices go?

News Release

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

06 December 2022

Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said “The decision by OPEP+ to continue with its recently agreed 2 million barrels per day (b/d) production cut through the end of 2023 is not a surprise, given the uncertainty in the market over the impact of the 5 December EU Russia crude oil import ban and the G7 price cap. In addition, the producers group faces downside risk from the potential for weakening global economic growth and China’s zero Covid policy.”

Opinion

The all-electric movement goes to war against gas

07 February 2020

The all-electric movement threatens future gas demand, OPEC+ oil producers consider an output cut, and the warm winter is hitting gas prices.

Editorial

The rise of electric vehicles and the cobalt conundrum

25 September 2018

The electric vehicle exuberance has been gaining traction in recent years. Governments are setting ever more aggressive targets on internal combustion engine bans, while automakers have been jockeying to outdo each other by laying out bullish production plans for new electrified models.

Opinion

Energy transition is making its mark on Asia Pacific's major energy markets

13 May 2019

APAC Energy Buzz is a monthly blog by our Asia Pacific Vice Chair, Gavin Thompson. In his blog, Gavin shares the sights and sounds of what’s trending in the region and what’s weighing on business leaders’ minds.

Comment

China’s trucked LNG spot prices hit three-year high

12 January 2021

Spot prices of trucked LNG in China were highly volatile last month.

News Release

Major energy exporters race to lead in global hydrogen trade

28 October 2021

The time is ripe for the world's major energy exporters to accelerate the energy transition, and mastering the hydrogen trade could make a difference, says Wood Mackenzie.

Opinion

The fork in the road for Asia’s oil and gas demand

23 September 2021

Our accelerated energy transition (AET-2) scenario offers a view on how to achieve a 2˚C world aligned with the upper temperature limit of the 2015 Paris Agreement. The AET-2 scenario is curtains for long-term global oil demand, with consumption falling to 70% below peak levels by 2050.

Opinion

M&A shake-up on the horizon for the Australian upstream sector

29 August 2019

We’ve identified a potential US$32 billion worth of assets that could change hands in the next few years. Many of these deals are long in the planning and reflect wider trends in the Australian and global upstream sectors. We’ve bucketed our pick of the deals into three key themes.

Comment

US to release crude oil from strategic petroleum reserve

25 November 2021

On 23 November, US President Biden announced the release of 50 million barrels (mbbl) of crude oil from the US Strategic Petroleum Reserve (SPR).

Opinion

Trump’s tariff plan: implications for the future of global liquids trade

01 October 2024

A new tariff plan on imports would affect US consumers, global oil markets and refining, if implemented post US election.

Comment

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.

The Edge

Future energy – carbon capture and storage

03 March 2020

Carbon capture and storage (CCS) is central to decarbonisation strategies. How does it work? What are the hurdles to commerciality? How much capacity do we need? Find out more in this week's Edge.

Opinion

Predictions for 2022

17 December 2021

2022 could see rising carbon prices, greater distributed solar capacity, tighter supply chains for renewable energy and a double-digit market share for EVs.

Opinion

The coming US low-carbon energy boom

27 January 2023

The extensive tax credits and other subsidies for low-carbon energy included in the Inflation Reduction Act have been widely seen as propelling the US into first place as a location for investment in those technologies.

Featured

China’s energy markets feel the squeeze

11 June 2019

When the US sneezes, China catches a cold or so they say. Certainly when the US decides to stack tariffs onto the price of imported Chinese goods, China’s economy, central to global economic growth, slows down. That’s already started to happen – even before the latest increase in tariffs starts to have an effect.

Editorial

What is the global upstream outlook for 2017?

24 January 2017

Although 2017 brings a myriad of uncertainties, the new year also ushers in much-anticipated optimism for the global upstream industry.

The Edge

What's on CEOs' minds

28 September 2023

Climate policy, commodity prices and corporate strategies

Opinion

President Biden aims for higher employment and lower emissions

01 April 2021

Two announcements this week showed the administration attempting to deliver on its promise that a key goal of climate policy is job creation.

Opinion

Horizons Live: Over the rainbow

12 March 2024

On this Horizons Live, our panel dive into the hydrogen rainbow and explore carbon emissions insights focusing on colour to project-level carbon intensity for companies crafting strategies.

The Edge

What the energy world looks like in 2030

28 January 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.

The Edge

Is the price rally in energy and metals sustainable?

14 May 2021

Green shoots of economic recovery are bursting through. Energy, metals and mining commodity markets have sensed it for months – witness the soaring prices of oil, LNG, iron ore, copper and many other metals. Is this a post-pandemic economic bounce or the start of a new supercycle?

Opinion

Petrochemicals in peril: oversupply crisis and energy transition threaten industry survival

19 September 2025

Persistent overcapacity, weak demand, and sustainability pressures force closures and reshape the global competitive landscape.

The Edge

The automotive sector – twists on the road to transition

02 April 2019

The future of light vehicles is electric; in time, perhaps autonomous. But the disruption won’t be quick, and the rise of the EV won’t be linear. Get our analysis here.

Opinion

Rethinking solar operations with digital technology

08 April 2021

Digital tools are transforming the solar industry. Developers are refocusing on building out advanced, integrated software stacks that bring their operations, analytics and customer engagement to the next level.

The Edge

Cutting dependence on China’s renewables supply chain

01 June 2023

The US takes a lead by incentivising equipment manufacturers.

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Search results: 2498

No silos allowed in the pursuit of a greener economy

The nuclear moment

US Infrastructure bill bets on breakthrough technologies

Deepwater rising: The state of the global deepwater industry

How high can the oil price go in 2021?

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

The all-electric movement goes to war against gas

The rise of electric vehicles and the cobalt conundrum

Energy transition is making its mark on Asia Pacific's major energy markets

China’s trucked LNG spot prices hit three-year high

Major energy exporters race to lead in global hydrogen trade

The fork in the road for Asia’s oil and gas demand

M&A shake-up on the horizon for the Australian upstream sector

US to release crude oil from strategic petroleum reserve

Trump’s tariff plan: implications for the future of global liquids trade

Attack on Saudi Arabia's oil facilities

Future energy – carbon capture and storage

Predictions for 2022

The coming US low-carbon energy boom

China’s energy markets feel the squeeze

What is the global upstream outlook for 2017?

What's on CEOs' minds

President Biden aims for higher employment and lower emissions

Horizons Live: Over the rainbow

What the energy world looks like in 2030

Is the price rally in energy and metals sustainable?

Petrochemicals in peril: oversupply crisis and energy transition threaten industry survival

The automotive sector – twists on the road to transition

Rethinking solar operations with digital technology

Cutting dependence on China’s renewables supply chain

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