Big Oil is back buying upstream assets

• 29 June 2023

Targets are gas and strengthening core positions

What does the Chevron-Hess deal mean for oil and gas?

• 31 October 2023

The creation of a second Mega Major hot on the heels of ExxonMobil-Pioneer has big implications for the sector

US winter freeze hits global olefins market

• 19 February 2021

This week’s winter storm has paralysed US petrochemical production and disrupted 15% of the global olefins market, according to Wood Mackenzie.

The US LNG boom is back

• 07 January 2022

US LNG export plants are working flat-out to meet strong global demand for gas that has been reflected in soaring prices. With new capacity coming on stream late in 2021 and early in 2022, the US is emerging as the world’s largest LNG exporter.

Decarbonising US power grid 'may cost US$4.5 trillion'

• 27 June 2019

The transition to a 100% renewable US power grid will need investment of up to US$4.5 trillion over the next 10 to 20 years, new analysis from Wood Mackenzie found.

Permian operators cash in ... by thinking inside the box

• 21 August 2019

As the tight oil sector continues to mature, producers are looking for ways to optimise their operations, improving efficiency of both production and costs. It's a battle to win back investor confidence. New research from Wood Mackenzie underscores the fact tight-oil operators are no longer chasing growth at all costs. Development strategies have firmly shifted to focus on scale: drilling sections instead of wells, with compressed paybacks, at the lowest possible cost. Many are favouring a “cube” development strategy, viewing it as the most efficient way to capitalise on cost savings.

US anger at OPEC+ production cut

• 11 October 2022

The decision provoked some anger in the US. But the actual production cut is smaller than the headlines imply, and is coming as global demand for oil is faltering.

CCUS’s breakthrough year

• 16 January 2025

Explore the latest trends in CCUS as 2025 shapes up to be a breakthrough year, with rising optimism and record FIDs expected. Learn about project financing, policy support and the companies leading the charge in carbon capture and storage.

China to hold over 80% of global solar manufacturing capacity from 2023-26

• 07 November 2023

After investing over US$130 billion into the solar industry in 2023, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing capacity from 2023 to 2026.

Why are US distributed solar customer acquisition costs still on the rise?

• 15 November 2023

Installers grow weary of investing further in marketing strategies amidst a residential market slowdown

4 reasons we’re bullish on Exxon’s Permian growth campaign

• 07 October 2019

ExxonMobil rocked the Permian with its bold plan to boost production to 1 million boe/d by 2024. Its cube development growth plan is working.

Are deepwater economics on par with US tight oil?

• 13 April 2017

With all the attention surrounding US tight oil breakevens and the Permian boom, the past few years seem to have left deepwater investment in the dust. But as it has gotten leaner, the deepwater industry is quietly recovering and improving its own economics.

US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s

• 20 July 2023

Despite concerns about underinvestment in upstream, peak oil and gas demand can be met in the 2030s without a substantial increase to current annual asset development investment levels of US$500 billion in 2023 terms, according to a new Horizons report from Wood Mackenzie.

Emissions rules for US power pose some difficult questions

• 06 May 2024

New EPA regulations for coal plants hit an industry in decline. Emissions curbs for gas plants would affect a sector that is still growing.

Nord Stream 2 and the battle for gas market share in Europe

• 24 July 2020

The US administration and Congress are trying to prevent the completion of the new gas pipeline from Russia to Germany

Webinar | New frontiers Order intake by Chinese wind turbine OEMs

• 30 September 2024

Join Wood Mackenzie as we explore the global turbine OEM order intake recent trends.

Benchmarking the Eagle Ford play

• 22 April 2019

As institutional investors' demands for E&P capital discipline intensify this year, upstream companies have reined in spending and softened aspirations for production growth. Underperformers are at top of mind as investors assess financial risks.

How war in the Middle East is hitting Asia hard

• 26 March 2026

As oil prices surge, Asia faces mounting economic pressure, can governments sustain the cost of shielding consumers?

Is there light at the end of a dark tunnel for US coal markets?

• 26 March 2021

US coal markets are seeing a strong recovery from the abysmal market conditions in 2020. Can this resurgence continue this year?

US climate bill to boost domestic annual renewables investment to nearly US$114 billion by 2031

• 19 January 2023

The Inflation Reduction Act (IRA), flagship legislation focused on accelerating decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. A rise from US$64 billion in 2022 to nearly US$114 billion is expected by 2031, according to Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

Major policy changes in China to drive long-term solar installation growth

• 14 May 2019

The solar market in China could see long-term benefits from major government policy changes that move the country away from federal feed-in tariffs and embrace unsubsidised business models.

Permian producers hedge their bets against pipeline delays

• 11 September 2018

Permian producers increased their 2020 oil-basis hedge positions by 431% during Q2. Such a sharp rise suggests producers perceive a higher risk that key pipeline projects fail to start up by 2019 target dates, according Wood Mackenzie's latest analysis of oil and gas activity.

Can upstream cost savings stick?

• 15 December 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.

Transocean’s $2.7bn Ocean Rig deal ‘a winner’

• 03 September 2018

Rig provider Transocean is set to merge with Ocean Rig in a $2.7 billion deal, a move Wood Mackenzie says is a winning one for the rig market.

Reducing the emissions from natural gas

• 13 May 2024

Demand for natural gas is growing. So is pressure to reduce its carbon intensity. The industry’s emissions will increasingly come under scrutiny, and measurement and reporting will need to improve.

Power purchase agreements: how will they support renewables growth?

• 15 December 2020

Power purchase agreements are attractive for investors entering the renewable energy space, but the market is still relatively small. We take a look at key market trends.

US-China agreement connects the fastest-growing LNG supplier with the largest LNG growth market

• 12 May 2017

Chinese companies can now negotiate long-term contracts to source liquefied natural gas from US suppliers, the US Commerce Department said.

3 reasons why the Permian basin needs 1 more crude pipeline

• 08 July 2019

Permian crude pipeline capacity isn't overbuilt longer term. Wood Mackenzie analysis shows one more takeaway pipeline will be needed in the 2030s.

Natural Gas Analytics

Discover how our Natural Gas Analytics suite delivers essential insights and analytics to empower confident, agile decision-making in the dynamic natural gas market.

Low-carbon electricity is on the rise in the US, regardless of Supreme Court decision

• 05 July 2022

The Obama administration’s attempt to regulate power sector emissions has been ruled illegal, constraining future policy. Renewables are set to grow anyway.