Conflicts of interest: the cost of investing in the energy transition in a high interest-rate era

• 18 April 2024

In this April edition of Horizons, we assess the cost of investing in the energy transition in a high-interest-rate era.

Japan pulls no punches on risks to Australian LNG exports

• 12 April 2023

Business leaders see confidence in Australia’s investment climate at risk.

Upstream companies positioned to thrive in 2019

• 17 December 2018

Price volatility. Market turbulence. Geopolitical tensions. As 2018 draws to a close the stage is already set for a fascinating 2019 in the upstream industry. In the recently published 2019 upstream and corporate outlook reports, Wood Mackenzie highlights how well prepared the industry is to adapt and thrive in tumultuous times.

US pipelines blocked by the courts

• 09 July 2020

Campaigners against pipelines scored three notable successes this week. Their victories show challenges are mounting for pipeline operators

Insights from the World Hydrogen Summit 2024

• 05 June 2024

From winning auction bids to maximising project economics, here are our key insights into the development of low-carbon hydrogen from our experts’ presentations at the recent industry showcase

Global Gas Service

Global gas outlooks and insight to build a strategic view of the market

Will Asia-Pacific's O&G sector join the global recovery in 2019?

• 14 January 2019

Will rising demand, new exploration activity and a refresh of government policy bring renewed confidence in Asia-Pacific's upstream industry in 2019? Wood Mackenzie's research director Andrew Harwood shares his thoughts.

Green LNG: can Australia prioritise decarbonisation in a high-priced world?

• 26 May 2022

Innovation and investment in the decarbonisation of LNG will play an important role in both boosting energy security and tackling climate change.

ExxonMobil poised to sell ‘attractive’ UK North Sea portfolio

• 13 August 2019

Commenting on reports that ExxonMobil is preparing to sell its UK North Sea portfolio, Neivan Boroujerdi, principal analyst, North Sea upstream, at Wood Mackenzie, said: “A proposed UK exit was expected. We value the portfolio at around US$2 billion.

OPEC‘s challenge in 2020: balancing an oversupplied oil market

• 03 December 2019

Will oil demand growth recover in 2020? Is global supply still growing apace? How is US tight oil investment and production being affected by negative investor sentiment? Have the production cuts of 2019 balanced the market? Do they need to be extended or adjusted? Will fundamentals or geopolitics determine oil prices? We answer some of the big questions on OPEC’s agenda ahead of its December meeting in Vienna.

China pledges to be carbon-neutral by 2060

• 23 September 2020

On 22 September, China announced its ambition to be carbon-neutral by 2060. Wood Mackenzie experts weigh in on what this means.

Why oil price recovery has further to run

• 05 June 2020

Will the effect of coronavirus be more lasting for demand or supply? Will the oil price be lower-for-longer? Or, if demand recovers, could the sharp reduction in upstream investment lead to a tighter market and higher prices? Find out more in this week's Edge.

Decarbonisation and peak gas demand

• 31 July 2020

Gas is to be the bridging fuel of the transition, its lower carbon intensity supporting its position in the energy mix longer than coal and oil. Yet nothing can be taken for granted as decarbonisation policy tilts the playing field away from fossil fuels.

Non-OPEC decline rates to remain stable until 2020

• 27 September 2017

Through operational excellence programmes and smart spending, operators have managed to maximise production and improve efficiencies, bucking expectations of an increase in decline rates. In fact, non-OPEC decline rates have remained stable since 2015. A new report by Wood Mackenzie, Non-OPEC Decline Rates: Lower for Longer, looks at the factors influencing this stability, how long it can be maintained and the impact future shifting decline rates may have on the oil market.

Why oil is pushing towards US$100/bbl…

• 18 February 2022

What's driven the rally, what is the outlook for supply and demand fundamentals in 2022, and how will geopolitics, including the Russia/Ukraine crisis, play out?

Climbing the oil and gas ladder: four lessons from women in exploration leadership

• 30 March 2022

Inspiring women from the world of upstream exploration provide actionable advice for any career stage.

Few oil and gas companies commit to Scope 3 net zero emissions as significant challenges remain

• 28 October 2022

Scope 3 emissions account for 80-to-95% of total carbon emissions from oil and gas companies. But only a small number of these firms have set Scope 3 net zero ambitions, according to a recent report from Wood Mackenzie.

Subsurface predictions: what to watch in exploration and discovered resources in 2024

• 16 January 2024

The hunt for advantage intensifies in 2024, and a subsurface divergence takes shape as high-impact wildcatting focuses on oil, while gas gains ground in discovered resource progression.

Upstream companies to spend US$25 billion more in 2017

• 10 March 2017

As the price of oil creeps up, are upstream companies primed to ramp up activity?

How Europe breaks its dependence on Russia

• 12 May 2022

Germany is on the front line of the energy security crisis and has a radical plan to break its dependence on Russian gas, oil and coal. What can other countries learn from Germany's pivot?

The energy crisis – what’s on CEOs’ minds?

• 06 October 2022

We hosted our EMEA Global Energy and Natural Resources Summit in London last week. Here are some of the big themes debated on the stage.

Coronavirus: a wildcard for bulks demand

• 28 February 2020

A look at the potential impact of Covid-19 on steel, iron ore, metallurgical and thermal coal.

How will President Trump manage the COP21 treaty?

• 16 March 2017

President Trump is reviewing the US commitment to the 2015 Paris climate agreement (known as COP21). How will his actions affect the global coal market?

Coronavirus, China and the big oil crash

• 12 March 2020

Recent events have created a perfect storm in the oil markets, the likes of which have never been seen before. Do these clouds carry any silver lining? Listen to the latest episode of the Asia Pacific Energy podcast.

OPEC and Russia agree output deal

• 07 December 2018

OPEC and its allies agreed a 1.2 million barrel per day cut after two days of tense meetings in Vienna.

Industry slashes spending as price rout deepens: Can companies cope?

• 19 March 2020

Survival mode has returned to the oil and gas sector as the oil price rout deepens. Corporate financials are in better shape than during the 2014/2015 crash, but room for manoeuvre is limited. Can companies cope with prices this low?

How the oil market would deal with the return of Iranian exports

• 16 April 2021

The return of Iranian exports to the oil market in 2021 was a clear risk. If sanctions are lifted, how much oil could Iran produce and how quickly? What wiggle room would OPEC+ have to accommodate Iran's exports? What would be the effect on the oil price?

Unlocking investment for deepwater projects

• 05 June 2018

Not long ago, West Africa was at the top of the list for international E&P companies looking for high-impact growth.

Southeast Asian data-centre power demand is set to explode

• 10 December 2025

Quadrupling demand, rising costs and mounting emissions challenges redefine the region’s data centre landscape

The contrasting fortunes of solar and wind in the US

• 26 January 2024

Solar installations have been outpacing wind in the US, but face growing challenges in securing grid connections.