Recycled polyolefins: how quickly can industry come together to unlock supply?

• 13 June 2023

The transition to a circular economy is priority for the plastics value chain.

Polyethylene

Gain a comprehensive view of global supply and demand, price forecasts and petrochemical feedstock trends.

Geopolitics and the transition from oil to electric vehicles

• 23 October 2018

Will geopolitics forever dog the transportation sector, even when electric vehicles (EVs) replace internal combustion engine (ICE) vehicles? Simon Flowers investigates.

Top 10 articles of 2022

• 10 January 2023

It was a fascinating and unpredictable year for energy and commodities. Take a look at our top 10 most popular articles from the year.

Ten predictions for 2023

• 16 December 2022

After a tumultuous year, Ed looks ahead to 2023 with a selection of Wood Mackenzie analysts predictions

OPEC producers key to world supply through to 2040

• 16 July 2018

Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.

Carbon capture and the future of LNG in Asia

• 08 September 2021

With LNG projects among the most emission-intense assets in the oil and gas sector, many companies are now actively working to lower the carbon intensity of their LNG portfolio.

Carbon emissions: a new challenge for US LNG

• 05 February 2021

President Joe Biden adds to the pressure on US gas exporters to consider climate impacts

Aluminium vs plastic: who’ll win the water bottle war?

• 03 September 2019

The hunt is on to find an eco-friendly, cost-effective alternative to plastic water bottles. Are aluminium cans the answer?

What does the US-China trade deal mean for refiners - and for the market?

• 20 January 2020

After over a year of trade tensions, the US and China signed a “phase one” trade deal on 16 January. As part of the deal, China has agreed to increase the value of energy imports by US$52.4 billion above 2017 levels over the next two years. What could it mean for the oil market?

US tight oil piles pressure on refiners

• 01 October 2018

Alan Gelder looks at the ways in which US tight oil has revolutionised the global oil market. This article first appeared on Forbes.com on September 27, 2018.

Growing pains: how are corporate power and renewables strategies adapting to energy transition challenges?

• 11 October 2024

Corporate strategies in the power and renewables sector are under investor scrutiny.

OPEC+ set for rollover but risk clouds supply outlook

• 30 June 2019

As OPEC and OPEC+ meet in Vienna, the outlook for the market is mixed, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie said. “Geopolitical risk means the supply outlook is tightening, offsetting the moderate weakening in oil demand growth thus far this year,” she said.

Conventional exploration – playing devil’s advocate

• 06 June 2017

Andrew Latham, our Head of Exploration Research, has built a global creaming curve for conventional exploration outside the USL48. Three themes stand out.

Advanced reactors promise a new era for nuclear power

• 09 June 2023

The complexities of construction and operation mean that hopes of low-cost nuclear power have often been disappointed. The industry now has a chance to break that cycle

OPEC+ surprises market as it extends output curbs

• 04 March 2021

OPEC+ took the market by surprise when it decided to roll over its quota, saying that rather than anticipate a demand recovery, the group would wait to see it actually recover. The market was expecting a substantial increase in production because a tightening in the supply and demand balance is already evident.

Asia Pacific upstream - 5 themes to watch in 2020

• 19 December 2019

Wood Mackenzie has identified five themes related to project sanctions, exploration, M&A, energy transition and IMO 2020 that will impact Asia Pacific’s upstream industry in 2020.

Growth in electric vehicles to transform the lithium and cobalt industries

• 15 March 2018

Electric vehicles and energy storage are dominating the metals and mining space. The supply scramble continues and some companies such as Toyota have gone 'upstream' and bought equity in lithium mines. Will this continue?

A global economic slump: what will it mean for metals and mining?

• 11 June 2020

Our base case view is that the recession is short and sharp with a return to “normality” from 2021, but what if it became a slump lasting five years or more? Julian Kettle explores what the impact on demand, costs and prices of mined commodities.

What higher oil prices in 2024 could mean for the economy and politics

• 14 September 2023

The oil market has come to life, with prices finally delivering on our expectations for 2023. Our oil experts, Ann-Louise Hittle and Alan Gelder, join Simon Flowers to discuss where the market goes from here and what this could mean for the economy and politics.

OPEC stays the course with production deal

• 01 December 2017

OPEC and non-OPEC producers agree to extend production curbs through 2018

Metals and mining: will 2020 be a milestone year?

• 28 January 2020

With the energy transition taking centre stage, 2020 looks likely to be a year of change for the energy industry. And the metals and mining industry is at the heart of the action.

December '18 OPEC meeting: production cuts expected

• 03 December 2018

As OPEC ministers prepare to meet in Vienna this week, Qatar abruptly announced its withdrawal from the producer’ group. While the move sparked a lot of speculation, it will not have a significant impact on supply. Get Ann-Louise Hittle's analysis of this and other key talking points including Trump and production cuts at this week's OPEC meeting. With live updates from Vienna from Ann-Louise.

Four themes to watch as the Majors position for a new era

• 02 April 2018

With the Majors emerging from the downturn standing strong, they're transitioning from 'survive' to 'thrive'. Although capital discipline remains central to the strategic framework of these companies, they must still position their portfolios for the fundamental changes reshaping energy demand in the coming decades.

Winners and losers in the energy transition

• 15 October 2021

Moving to net zero emissions would transform the allocation of resource wealth around the world. Policymakers are starting to assess the potential economic impact.

Low-carbon hydrogen demand in refining could reach 50 Mtpa by 2050

• 09 June 2022

Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 million tonnes per annum (Mtpa) by 2050, says Wood Mackenzie.

Why polyolefins are the polymers to watch

• 07 October 2020

Polyolefins dominate global plastics production, and offer useful insights into the overall health of the petrochemicals industry. So what are the drivers of demand? How has coronavirus altered the picture? And what really sets polyolefins apart in a chemicals portfolio?

OPEC+ shrugs off US pressure to announce 400,000 b/d output boost

• 04 November 2021

Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “After unusual pressure from the US administration to lift its production, OPEC+ announced it is boosting output by 400,000 barrels per day (b/d) for December, in line with its 18 July 2021 agreement. This will be seen as disappointing by the US, which is asking for an extra increase closer to 600,000 b/d. But as long as OPEC+ actually boosts its output by 400,000 b/d, the US has indicated it will accept the outcome."

Lukoil takes Petronas’ Shah Deniz stake in US$2.25bn deal

• 02 December 2021

Lukoil recently announced the US$2.25 billion acquisition of Petronas' 15.5% stake in the giant BP-operated Shah Deniz gas-condensate field, offshore Azerbaijan.

Downstream consistency holds lessons for upstream

• 23 March 2017

Downstream continues to demonstrate robust financial performance while upstream struggles.