Oil price crash: how Middle East, Russian and US upstream industry responses compare

• 01 April 2020

In this month's MENA in Brief podcast: how the oil price crash is affecting upstream activity in the Middle East – and how that differs from the dynamics in Russia and the US.

Where next for oil & gas exploration?

• 21 September 2023

Attractive economics and the need for advantaged barrels bode well for future exploration

Trump administration declines to go all in for coal — for now

• 01 September 2017

On August 24, the Department of Energy released their "Staff Report on Electricity Markets and Reliability," which some thought would provide a strong endorsement of the value of baseload coal. This was not the case.

2020: the new oil sector supplier crunch bites

• 14 April 2020

The 2020 oil price crash is very different from the 2015 crash. Supply chain leaders will need to consider their contingency plans.

Q&A on the nickel market

• 11 December 2017

Watch Andrew Mitchell, Research Director, EMEARC Nickel Costs, discuss the state of the nickel market, and how the anticipated electric vehicle (EV) boom could affect supply-demand dynamics.

Macro Oils Service

Easily understand trends in the global oil market with our informed, independent view on oil prices and their key drivers.

What’s driving the upstream revival in Southeast Asia?

• 19 September 2024

Four reasons the industry has started to invest again.

As politicians bicker, Australia’s energy and natural resources exports to China are booming

• 09 June 2020

But the appetite of China’s consumers for Aussie tenderloin and Merlot is insignificant in terms of overall trade. Iron ore, coal and LNG are what really matter.

Asia Pacific could become a global leader in the energy transition

• 21 February 2024

Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

Full steam ahead: the changing outlook for global marine fuels to 2050

• 20 August 2024

Global maritime trade set to grow by more than 40% by mid-century.

How low-cost US natural gas spurs global LNG opportunities

• 08 August 2019

The US shale revolution in action: as well productivity dramatically rose, the US emerged as the largest gas producer in the world. LNG buyers will benefit.

Is there more upside for oil prices in 2023?

• 13 April 2023

OPEC+ output cuts hasten market tightening

Oil refining in the energy transition: key questions answered

• 26 April 2024

What is the current state of the refining and oil products market in the energy transition, and what are refiners’ top options to reduce emissions?

South Korea could miss 2030 renewables target

• 27 March 2019

South Korea is unlikely to meet its 2030 renewables target, says Wood Mackenzie at a media briefing in Seoul today. According to the consultancy's analysis, renewables will account for about 17% of the country's power mix, a little shy of its original target.

The grid edge of the future: delivering distributed energy and electrification at scale

• 18 October 2022

From EV charging infrastructure ownership to the future of microgrid technology: a preview of the Grid Edge Innovation Summit 2022.

Is cost reduction the new normal?

• 15 February 2018

We look at the results of our third annual Global Upstream Cost Survey

Takeaways from NARUC’s Summer Policy Summit: load growth uncertainties and no simple solutions

• 07 August 2024

The recent summit in Florida explored themes such as load growth uncertainties, how industry players and utilities are powering data centers with clean energy, and the growing emphasis on supply-side solutions for large loads

Five consequences of a Biden administration for US energy

• 07 November 2020

Joe Biden offered American voters a radically different vision of energy policy from President Donald Trump, focused on addressing the threat of climate change. He will enter the White House with a goal of setting the US on course for net zero greenhouse gas emissions by 2050 and will take the US back into the Paris climate agreement.

BP sets an ambition of becoming a “net zero company”

• 14 February 2020

BP sets an ambition of being a “net zero company” by 2050, gas prices slump in Asia, and world CO2 emissions are steady as US coal declines. Energy Pulse with Ed Crooks.

Webinar | From molecules to electrons: Trump 2.0 and the impact on the energy transition

• 03 December 2024

The 2024 US election result and an incoming Trump 2.0 administration arrive at a pivotal moment for the energy transition. As policies and priorities shift, their impact will ripple across the energy and natural resources sectors. This webinar mini-series dives into the heart of these changes, offering expert insights into how the outcomes could redefine the energy landscape. The mini-series consists of two webinars: molecules (oil, gas/LNG, carbon, hydrogen, and sustainable fuels) and electrons (renewable electricity, batteries, electrified transport, power markets and grid innovations).

How long can nickel prices defy market fundamentals?

• 29 September 2020

Nickel has ignored western market fundamentals, where demand has dried up due to the global pandemic, and prices have soared 30% since April. But these dysfunctional dynamics won't last.

How Venezuela complicates the oil market’s delicate rebalancing

• 22 January 2026

Venezuela adds fresh uncertainty to an already oversupplied oil market

Seven days that shook the world

• 13 March 2020

The coronavirus outbreak has derailed OPEC+, thrown the oil market into turmoil and sent an already unloved sector into freefall. What are the implications?

Polyethylene

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

Oil price crash - where does Asia go from here?

• 17 March 2020

Oil demand has gone into a tailspin. We now expect Q1 global oil consumption to be 2.7 million b/d lower than the same period a year ago.

African upstream capex ‘may be slashed by 33%’

• 31 March 2020

Faced with the double whammy of the oil price crash and the coronavirus pandemic, Africa’s upstream sector looks set to slash capital spending by around 33% in 2020. Similar cuts to operating costs are also targeted by producers to stay cash-flow neutral. Unlike the 2015-16 price crash, this time nothing is sacrosanct: some operators will even wield the axe on committed spend, as well as the discretionary expenditure.

Headwinds to tailwinds: are deepwater rig companies ready for a modernised upstream industry?

• 03 July 2023

How can deepwater rig companies turn current weaknesses and threats into strengths and opportunities?

Global polyethylene: 6 key things for 2018 (Part 2)

• 01 March 2018

What should the global polyethylene industry brace themselves for in 2018?.

How the MENA region and its NOCs are diversifying into new energies

• 05 April 2024

The Middle East is faced with a significant challenge – building a new energy economy means accelerating nascent diversification efforts and pushing towards ambitious net zero goals.

Upstream oil and gas: record cash flows and peak uncertainty

• 08 October 2021

Wood Mackenzie’s Global Energy Summit Upstream Focus Day has addressed some of the biggest issues facing the industry.