Webinar | Developing a winning IRA strategy: how to navigate uncertainty and maximize benefits from the IRA

• 30 October 2024

Two years on from the introduction of the IRA, join us to discuss how developers, manufacturers, and EPCs (engineering, procurement and construction companies) are maximising project success and making the most of benefits provided by this landmark bill.

Global LNG demand faces first seasonal contraction in 8 years

• 02 June 2020

The global liquefied natural gas (LNG) industry is about to face its first seasonal demand contraction since 2012, with demand in summer 2020 expected to fall 2.7% or 3 million tonnes (Mt) year-on-year, says Wood Mackenzie.

The roadmap to recycling polyolefins

• 13 August 2024

The future of polyolefin recycling hinges on innovations in waste management systems and a new kind of value chain.

New project sanctions on the rise?

• 21 June 2017

At the start of the year, we predicted that around 20 to 25 major new upstream projects would be sanctioned in 2017, roughly double the score for 2016. So, as we approach the year’s halfway mark, how is our forecast faring?

North America Company & Play Analysis Tool

Pull apart company value data and forecasts to benchmark regions, plays and operators on the metrics that matter.

Russia-Ukraine war could slow global economic growth to 2.5% this year

• 12 April 2022

Global economic growth could slow to 2.5% year-on-year in 2022 and 0.7% in 2023 due to the Russia-Ukraine war, says Wood Mackenzie.

Creating a circular economy through plastics recycling | Podcast

• 10 November 2023

Global efforts in recycling plastic have significantly impacted decarbonisation targets, but how can the energy industry develop more pathways to streamline the process?

Scott Morrison wins 2019 Australia election

• 20 May 2019

Following PM Scott Morrison's win in the recent 2019 Australia election, Wood Mackenzie and Verisk Maplecroft analysts share their thoughts.

Part 5: unlocking the value of refinery-petrochemicals integration

• 22 November 2023

We are at an unprecedented point in time where the entire commodity petrochemicals industry is in a downturn. Where do we expect chemical margins to end up this year and what can producers do to tide through the downturn?

Iron ore: how low can the price go?

• 25 March 2020

Having demonstrated remarkable resilience for the past two months, the price of iron ore has taken a big hit this week – and we think it's the start of a trend, not a blip.

Assessing the challenges ahead for carbon capture in the US

• 17 February 2023

CCUS has great potential, but economics, regulation, and politics create some complex problems to be solved

Conventional pre-FID breakevens give the Lower 48 a run for its money

• 14 March 2018

Analysis of global oil cost curves indicates that many conventional pre-FID projects – even deepwater developments - are now competitive on a breakeven basis with US Lower 48 tight oil. However, this competitiveness has come at the expense of volumes. The trade-off of cost efficiency versus volumes means that in the medium- to long-term, the cost of supply is set to increase, highlighting the US Lower 48’s role as an important marginal barrel producer.

How do the Majors stack up in the Lower 48?

• 16 October 2018

The Major oil and gas companies have made big strategic bets on the US Lower 48's unconventional plays. The scale, returns and investment flexibility offered by tight oil and gas has made it an essential part of most major players’ portfolios. But how do the players compare to each other?

How should Cyprus' giant gas discoveries be commercialised?

• 04 June 2019

Cyprus has been a bright spot for exploration over the last 7 years, with a string of giant gas discoveries. We estimate a total of 11 tcf of recoverable gas resource has been found. Can these be commercialised?

Could Big Energy and miners join forces to deliver a faster transition?

• 23 May 2022

Could extractive companies co-invest or combine with oil and gas Majors to help unlock the energy transition?

Will oil companies start spending again?

• 26 February 2021

The oil and gas sector is bouncing back strong. After savaging costs and spend in response to last year's crisis, and with Brent soaring over US$65/bbl, we expect a resurgence of upstream cash generation in 2021. How much free cash flow will the sector generate? What will companies do with it?

Biden’s climate plans aim at job creation

• 29 January 2021

The president wants to support renewables and EVs, while having little immediate impact on oil and gas

Webinar | Sub-Saharan Africa Upstream

• 14 February 2024

After three years of decline, oil and gas production is growing again across Sub-Saharan Africa. Traditional oil producers Nigeria and Angola are increasing investment and activity. Angola's exit from OPEC is a statement of its ambition. Elsewhere, growth projects are progressing in Senegal/Mauritania, Cote d'Ivoire, Namibia and Mozambique. Join our experts on Wednesday 14th February where they will discuss two recent reports - 'Sub-Saharan Africa upstream: 2023 in review' and '5 things to look for in 2024'. A main presentation will be followed by Q&A.

Brazil, giant oil projects and the Majors

• 26 November 2019

Big Oil’s risk appetite has changed. It needs to continue to replace reserves for the foreseeable future but is looking for lower risk options than exploration. Discovered resources can be part of the solution, though opportunities to develop a giant oil field such as Buzios in Brazil, in the heart of an industry hot spot, only come around once in a blue moon. So why the lack of bids from the Majors?

Brazil and ExxonMobil win big at oilfield auction

• 05 October 2017

Following Brazil's record oil field auction yesterday, where ExxonMobil (NYSE: XOM) vastly expanded its presence in the country with winning stakes in ten blocks, including eight deepwater blocks in the Campos basin, Horacio Cuenca, Research Director, Upstream Latin America at Wood Mackenzie offers the following commentary.

Oil price crash dents timeline of Australia’s second wave of FIDs

• 26 March 2020

Wood Mackenzie’s latest analysis reveals that Australia’s next wave of LNG projects are likely to be delayed.

Market set to tighten as OPEC+ agrees to extend 9.7 million b/d output cut

• 06 June 2020

OPEC+ today (6 June 2020) agreed a one-month extension of the 9.7 million barrels per day (b/d) production cut. The extension will tighten the market further and could see Brent prices rise from the current $40/bbl toward $45-to-$50/bbl.

Offshore CCS projects could breathe new life into Gulf of Mexico

• 04 November 2022

As the US looks for innovative ways to reduce greenhouse gas emissions, offshore carbon capture storage (CCS) projects in the US Gulf of Mexico (GoM) could play an influential role in meeting future goals, according to analysis from Wood Mackenzie.

The Majors have got bigger – but are they better?

• 29 October 2019

Bigger the Majors may be, but are the companies better placed to cope with future price uncertainty and the energy transition? Find out in this week's Edge.

Just how dependent oil markets are on tight oil delivering

• 05 December 2017

What’s the most unexpected outcome three years on from the price crash? There are a few contenders. OPEC’s zealous adherence to production restraint is right up there. US tight oil is another, briefly inconvenienced by low prices but now embarking on a second great phase of growth.

Oil demand faces downside risks; supply shortage not anticipated in 2022 with lots to watch out for

• 19 January 2022

Wood Mackenzie releases its Oil markets: 5 things to look for in 2022 report which discusses the uncertainties and issues impacting global demand, oil supply and refining markets this year.

Our top five takeaway messages from the CCUS conference 2023

• 20 October 2023

The CCUS landscape is evolving, and here’s a recap of some of our biggest learnings from the event.

NEA Gas Forum - the future of gas is Asia and the prize is large

• 09 June 2021

Wood Mackenzie experts discussed key drivers of Asia Pacific gas markets at the Northeast Asia Gas Forum today.

Webinar | Africa Upstream Outlook 2025

• 06 February 2025

Join our webinar on the 6th February as we discuss the outlook for Africa Upstream oil and gas

Wood Mackenzie launches first global BESS integrator ranking as battery storage installations reach an all-time high

• 14 July 2026

The global battery energy storage industry reached a major milestone in 2025, surpassing 100 GW of annual installations for the first time. As battery storage becomes critical infrastructure for modern power systems, Wood Mackenzie's first-ever Global Battery Energy Storage System (BESS) Integrator Comprehensive Ranking finds that buyers are increasingly selecting suppliers based on their ability to deliver across the entire project lifecycle.