Qatar Petroleum plans new world-scale ethane cracker

• 14 5月 2018

Qatar Petroleum (QP) recently announced it has invited a group of leading international companies with extensive experience in the petrochemical industry to submit proposals for partnering with QP in the development and operation of a new world-scale petrochemicals complex at Ras Laffan Industrial City. If completed, how will it fit into Qatar’s existing ethylene asset portfolio?

5 reasons for Iraq's slow oil production growth

• 15 9月 2017

We have identified 10 commercial, technical, political and security constraints on Iraq's production growth, and we discuss five of them here.

Middle East and North Africa upstream: 5 things to look for in 2025

• 07 1月 2025

From the impact of 'Trump 2.0' to increased supply chain pressure, deepening gas deficits in Iraq, Iran and Egypt and exploration highlights.

Can the Middle East and Africa become a global leader in renewable energy?

• 03 12月 2024

Total renewables capacity in the region is set to grow by 750% over the next 10 years.

Preparing for ADIPEC 2024: 3 crucial questions answered

• 25 10月 2024

ADIPEC will take place from 4-7 November in Abu Dhabi. The event will focus on the role of energy in driving a comprehensive transformation that benefits people, the planet, and our collective prosperity.

Webinar: Oil price crash: navigating the impact on activity, supply chains and cost

• 08 4月 2020

In this webinar we bring together experts from Wood Mackenzie’s Lower 48, upstream and upstream supply chain teams as well as our sister company, Power Advocate, to discuss the impact of the oil price crash on activity levels, the service sector industry and costs.

Webinar | Sub-Saharan Africa's response to low prices and coronavirus

• 13 5月 2020

Join Wood Mackenzie's Sub-Saharan African upstream team for its analysis on the fall-out from the oil price crash and the coronavirus pandemic. We will cover: • Not out of the woods yet: the impact of coronavirus in Sub-Saharan Africa • Before and after 9 March: Sub-Saharan Africa investment and production outlook • Cut, cut, cut: which projects are delayed in 2020/21? • What does it mean for the majors in Sub-Saharan Africa? • What can governments do to fight capital flight? A 20-minute presentation will be followed by a Q&A session with our expert panelists.

Power Market Fundamentals

Our power solutions combine multi-commodity data, proprietary cost intelligence, asset-level data, unique geospatial capabilities, and market fundamentals to help discover new opportunities while assessing risk.

OPEC underpins oil markets into 2018 - green light for tight oil growth

• 29 5月 2017

The firmer oil price we expect can only embolden the already resurgent US tight oil industry which is on course to displace the 1 million b/d OPEC has cut within the year. Three main aspects of the decision stand out.

Oil markets - OPEC restraint needs to stretch into 2018. A supply glut lurks just below the surface.

• 22 3月 2017

Why have oil prices come under renewed downward pressure? Our Macro Oils team, led by Ed Rawle, sees three main reasons.

Can upstream cost savings stick?

• 15 12月 2017

The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.

Upstream companies shift focus from ‘survive’ to ‘thrive’ in 2018

• 14 12月 2017

2018 looks set to be a brighter year for upstream oil and gas companies

OPEC stays the course with production deal

• 01 12月 2017

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

Upstream players need to boost spending to meet future demand

• 24 10月 2018

Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade.

What next for the oil market as the US reimposes sanctions on Iran?

• 06 11月 2018

What next for the oil market as the US reimposes sanctions on Iran?

Exploration’s back in the black

• 04 2月 2019

After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.

Qatar Petroleum's LNG plans get even bigger

• 27 9月 2018

Qatar Petroleum announces plans for a fourth LNG megatrain

Qatar quits OPEC

• 03 12月 2018

On 3 December 2018, Qatar announced it will withdraw from OPEC on 1 January 2019, putting an end to its 57-year membership of the producers’ cartel. Qatar, which said it intends to focus on its gas production, made the announcement ahead of the 6 December OPEC meeting.

Aramco's $10bn bond underscores its vast global ambitions

• 01 4月 2019

Saudi Aramco’s decision to issue a $10 billion bond underscores how serious the company is about transforming itself into an international powerhouse across the oil and gas value chain, from upstream to petrochemicals.

OPEC producers key to world supply through to 2040

• 16 7月 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.

Energy transition outlook: Middle East

• 18 2月 2025

Energy transition progress slows in our latest update – but uncertainty around pace and duration pushes the Middle East to prioritise resiliency.

Resilience and sustainability to be core oil and gas themes of 2021

• 19 1月 2021

Wood Mackenzie’s latest analysis reveals that sustainability and resilience will be at the heart of the oil and gas industry story in 2021.

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.

OPEC+ agrees to increase output after tense negotiations

• 07 12月 2020

Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply for Q1 2021, the group agreed to increase output by 500,000 b/d in January. Production restraint is set at minus 7.2 million b/d instead of the Q4 2020 level of minus 7.7 million b/d.

OPEC+ surprises market as it extends output curbs

• 04 3月 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.

Qatar Petroleum takes FID on North Field East

• 09 2月 2021

Qatar Petroleum announced that it has taken final investment decision (FID) on the North Field East project.

Major energy exporters race to lead in global hydrogen trade

• 28 10月 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.

Global wind energy to top 1 TW threshold by the end of 2023

• 11 4月 2023

The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie.

OPEC+ set for rollover but risk clouds supply outlook

• 30 6月 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.

Jebel Ali gas find ‘largest since 2005’

• 03 2月 2020

The announcement of an 80 trillion cubic feet (tcf) find at Jebel Ali, on the border between Abu Dhabi and Dubai, is hugely significant for the United Arab Emirates. Liam Yates, an analyst on Wood Mackenzie’s Middle East upstream team, said: “The find ranks as the largest global gas discovery since Galkynysh (South Iolotan). The Turkmen field was discovered in 2005."