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A cornerstone of global oil supply – Canada at a cross roads

01 3月 2017

Canada's investor sentiment soured by environmental concerns and competition for capital from tight oil have already begun to reshape the domestic corporate landscape.

The Edge

Tight oil’s second great growth phase about to begin?

07 11月 2016

More operators are hinting through this Q3 results season at redeploying rigs in the coming months, potentially kick starting what will be tight oil’s second great growth phase.

Featured

How the worst oil price crash in history changed the upstream industry

24 6月 2020

The oil price crash has wiped US$1.6 trillion off our valuation of the global upstream industry. This captures the impact of our downgraded long-term Brent price assumption – now US$50/bbl (2020 terms), previously US$60/bbl – and much more. Which regions and players have been hit hardest? What measures have been taken to survive?

The Edge

Five themes shaping the energy world in 2025

08 1月 2025

What opportunities, challenges and risks does the world of energy and natural resources face in 2025? From geopolitics to Big Oil M&A and innovation in power. Our experts share their thoughts.

Opinion

The coronavirus second wave hits demand for oil

06 11月 2020

The numbers of new reported Covid-19 cases have been surging in Europe and the US, forcing lockdowns and putting a brake on the economy. In other news, China plans to end sales of conventional internal combustion engine cars by 2035, counting the cost of plugging old wells, and world oil and gas demand will peak around 2030, Equinor says.

Opinion

Will there be a bailout for the hard-pressed US shale industry?

13 3月 2020

As US E&Ps are battered by plunging oil prices, the Trump administration is considering offering them financial support. This and more in this week's Energy Pulse with Ed Crooks.

Opinion

Five ways the coronavirus changed the world of energy this week

20 3月 2020

The US government is starting to buy crude and facing calls for it to manage the oil market, as demand continues to weaken. In this week's Energy Pulse by Ed Crooks.

Opinion

The US government speeds up drilling permit approvals

04 6月 2021

The Biden administration this week issued an order suspending further work on oil leases in the Arctic National Wildlife Refuge in Alaska, pending a new environmental review. The order follows through on a commitment that President Joe Biden made on his first day in office. Drilling in ANWR has always been highly controversial, and the lease sale in January attracted only limited interest.

Editorial

What does the oil price crash mean for you?

01 4月 2020

How much do we think investment is going to fall this year, why is it different to the last price crash, and where are the costs most likely to be cut? Our team of global upstream experts tackles the industry’s burning questions in this 35-minute webinar.

Opinion

Global upstream update: three key industry themes

06 9月 2023

From increasing M&A activity to supply wildcards, here’s the latest trends in upstream oil & gas

The Edge

Is the price rally in energy and metals sustainable?

14 5月 2021

Green shoots of economic recovery are bursting through. Energy, metals and mining commodity markets have sensed it for months – witness the soaring prices of oil, LNG, iron ore, copper and many other metals. Is this a post-pandemic economic bounce or the start of a new supercycle?

The Edge

A Biden administration: implications for the energy industry

09 11月 2020

The energy sector faces a very different future under President-elect Biden. What are the implications for the oil market? How will key US geopolitical relationships change? And can a Biden administration push through its climate change goals?

Editorial

Weekly Covid-19 impact briefing

28 5月 2020

Every week our experts come together to explore the impact of the coronavirus pandemic across the sectors we cover. Get your copy of the key takeaways.

Opinion

Tight oil in turmoil

18 3月 2020

Tight oil producers are dealing with prices half of what the sector was founded on. The worst positioned won’t survive this downturn.

Opinion

Global upstream update: a review of key industry themes

29 6月 2023

The upstream oil and gas industry continues the push to decarbonise production but faces increasing regulatory uncertainty

Opinion

Oil and refined products in 2025: a commodity trader’s guide

14 4月 2025

In an energy hungry world beset by growing trade tensions and shifting energy policy, volatility creates opportunity for commodity traders who can stay one step ahead of market shifts. So, what are the opportunities and challenges set to shape crude and refined product markets as 2025 progresses?

Opinion

Tariff shockwaves shake the energy industry

08 4月 2025

Steep new US tariffs and global retaliation send shockwaves through energy markets - discover what it means for prices, demand and industry investment.

Editorial

Oil and gas M&A market: more gridlock ahead?

31 3月 2017

Our M&A service estimates that over US$300 billion of potential assets earmarked for disposal remain in the global upstream deal pipeline.

News Release

2020 gets off to a bumpy start for the refining sector

21 1月 2020

This year may prove to be a strong one for the refining sector, but 2020 has had a difficult start. Wood Mackenzie expects some turbulence this year as a number of factors come together – geopolitical risk, the impact of IMO 2020 regulations, and US tight oil production slowing, among them.

Opinion

Learning the right lessons from the Texas crisis

03 12月 2021

The blackouts raise important questions about investment, innovation and electricity market design, as the share of variable renewable generation on the grid increases.

Editorial

Below zero: what the WTI crash means for US and global markets

21 4月 2020

On Monday, April 20, WTI dipped to minus $37.63, collapsing under the weight of global oversupply and sharply reduced demand due to the Covid-19 pandemic. We asked our experts on supply and demand dynamics, infrastructure, and financial markets to shed light on these historic numbers and discuss what we can expect in the near and longer-term.

Editorial

Oil price crash: 3 things you need to know today

10 3月 2020

On Monday 9th March 2020, the oil price saw its biggest fall in 30 years. Here’s our analysts’ rapid response to the oil price crash. Look out for more detailed analysis in the days and weeks to come.

The Edge

Could Iran sanctions see Brent spike to U.S.$100 a barrel?

07 11月 2018

Could Iran Sanctions See Brent Spike to U.S.$100 a barrel? The oil market faces a precarious few months. The imposition of U.S. secondary sanctions on Iranian exports on November 5 is the critical factor behind Brent’s rally to more than U.S.$80 a barrel in October. There’s enough supply to meet demand this winter, but the margin for error is worryingly narrow.

The Edge

How the US sets global oil and gas prices

27 6月 2017

Tight oil and shale gas, through LNG exports to Europe, are likely to be cap and collar in their respective markets for the next few years – tight oil setting the ceiling price, US gas the floor.

The Edge

Bullish outlook for US gas - LNG exporters face margin squeeze in glutted market

01 12月 2016

The sharp response of the physical market to the arrival of cold weather suggests fundamentals are tight and prices could go higher, whether it’s a cold winter or not. There are four main reasons why.

The Edge

Venezuela’s slump, Iran sanctions, oil prices

15 5月 2018

Global oil supply will break through the 100 million b/d mark for the first time later this year. Producers the world over, through innovation and risk-taking, have invariably contrived to meet the unstoppable train that is demand growth.

The Edge

Oil closes in on peak oversupply

28 4月 2020

The steep decline in oil demand is putting the entire system under pressure. Will there be sufficient storage globally to cope? Will we see more production shut-in? What are the prospects for demand recovery? Find out more in this week's Edge.

News Release

Key things to watch in upstream in 2024

11 1月 2024

Geopolitical tensions, a record year for elections and economic uncertainty will define the backdrop to the upstream industry in 2024. Wood Mackenzie recently released its What to Look for in 2024 upstream series. Key themes to watch in global and corporate upstream include continued consolidation, increased activity from NOCs, reversing decarbonisation gains, shifts in strategic playbooks and an upstream investment plateau.

Opinion

Global olefins: 10 trends to watch as coronavirus reshapes the industry

05 5月 2020

The coronavirus outbreak is having a transformational effect on global olefins. Supply, demand, trade, pricing, costs and margins are all being impacted to the extent that it will undoubtedly reshape the wider industry. So, what forces are defining the ‘new normal’?

Opinion

What do the Saudi attacks mean for Asia?

20 9月 2019

September 14 drone strikes on Saudi Arabian oil and gas infrastructure at Abqaiq and Khurais highlighted the vulnerability of Asia's oil markets to an attack on facilities in the Middle East. Analysis from Gavin Thompson.

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Your search for opec has returned 348 results

A cornerstone of global oil supply – Canada at a cross roads

Tight oil’s second great growth phase about to begin?

How the worst oil price crash in history changed the upstream industry

Five themes shaping the energy world in 2025

The coronavirus second wave hits demand for oil

Will there be a bailout for the hard-pressed US shale industry?

Five ways the coronavirus changed the world of energy this week

The US government speeds up drilling permit approvals

What does the oil price crash mean for you?

Global upstream update: three key industry themes

Is the price rally in energy and metals sustainable?

A Biden administration: implications for the energy industry

Weekly Covid-19 impact briefing

Tight oil in turmoil

Global upstream update: a review of key industry themes

Oil and refined products in 2025: a commodity trader’s guide

Tariff shockwaves shake the energy industry

Oil and gas M&A market: more gridlock ahead?

2020 gets off to a bumpy start for the refining sector

Learning the right lessons from the Texas crisis

Below zero: what the WTI crash means for US and global markets

Oil price crash: 3 things you need to know today

Could Iran sanctions see Brent spike to U.S.$100 a barrel?

How the US sets global oil and gas prices

Bullish outlook for US gas - LNG exporters face margin squeeze in glutted market

Venezuela’s slump, Iran sanctions, oil prices

Oil closes in on peak oversupply

Key things to watch in upstream in 2024

Global olefins: 10 trends to watch as coronavirus reshapes the industry

What do the Saudi attacks mean for Asia?