Oil markets - OPEC restraint needs to stretch into 2018. A supply glut lurks just below the surface.

• 22 March 2017

Why have oil prices come under renewed downward pressure? Our Macro Oils team, led by Ed Rawle, sees three main reasons.

Saudi Arabia’s May 2020 OSPs for crude exports bode well for Asian refiners

• 16 April 2020

Looking at the May OSPs, it is clear that Saudi Arabia wants to ensure its crude remains very competitive in Asia.

Attack on Saudi Arabia's oil facilities

• 16 September 2019

This attack has material implications for the oil market, as a loss of 5 million barrels per day of supplies from Saudi Arabia cannot be met for long by existing inventories and the limited spare capacity of the other OPEC+ group members. A geopolitical risk premium will return to the oil price.

An ADNOC trilogy (part 3): big gas ambitions

• 15 September 2023

ADNOC’s gas self-sufficiency strategy relies on the development of ultra sour, unconventional, and gas cap resources – but the cost and complexity are impeding progress

What do falling gas prices mean for Australia’s east coast gas market?

• 18 October 2019

International gas and LNG prices have collapsed. For most of 2019, the global market has seen improving gas supply and intense supplier competition result in lower prices. What does this mean for Australia's east coast gas market?

Horizons Live: The Big Ban

• 30 June 2022

Watch on demand as we answer your questions about the consequences of the Ukraine war on commodities, and how governments, companies and investors must respond as the outlook for energy is transformed.

US LNG a test case for the Trump administration’s ambitions

• 06 December 2024

The new president aims to expedite investment in gas export plants. Some obstacles will be difficult to remove.

Asia’s NOCs can now move through the decarbonisation gears

• 30 March 2022

As the pressure to cut emissions intensifies, no company can remain above the fray. But while the Majors and other international oil companies face increasing calls to decarbonise, many of the world’s largest national oil companies (NOCs) have so far avoided the same level of scrutiny.

Ukraine: webinar on the impact for commodities and countries

• 11 March 2022

In our rapid response webinar, our experts discussed the impact the crisis in Ukraine is having on global commodities.

How will the oil price crash affect the ethylene cost curve?

• 17 March 2020

Changing oil price dynamics add an extra dimension to ethylene’s overcapacity outlook.

Five ways the copper industry can improve economics and sustainability

• 22 December 2020

Driven by a growing list of stakeholder requirements and an explosion in creative solutions, is the mining industry about to accelerate its adoption of technology?

Over US$11 billion of Australian gas projects to be sanctioned in 2021

• 10 December 2020

Wood Mackenzie’s Australasian upstream 2021 outlook report shows at least US$11 billion of gas projects poised for FID in 2021.

End of an era looms as Chevron seeks UK exit

• 23 May 2024

Clair is the big attraction for would-be buyers

North America Power Solutions

Get a visual representation of major constraint patterns, congestion risks, and historic impact analysis.

Carbon intensity regulation to make or break global low-carbon hydrogen market

• 15 February 2024

The future of low-carbon hydrogen hinges on global policymakers introducing regulations and subsidies that focus on the carbon intensity of the hydrogen produced rather than its colour.

From ‘revenge spending’ to plunging exports, China’s path to economic recovery remains uncertain

• 06 May 2020

Without a broader global recovery there can be no quick return to pre-crisis levels for many of China’s industrial manufacturers or their demand for energy.

Where next for exploration in Asia Pacific?

• 18 February 2020

Reports of the death of exploration have been greatly exaggerated. Since the 2014 oil price downturn, the industry has re-imagined exploration. Spend has halved since its peak, and only the boldest exploration teams now take difficult wells in tough locations to their investment committees.

Middle East leads the pack in 2018 FID bonanza

• 15 April 2019

11 projects sanctioned in the Middle East as producers look to take advantage of the lower cost environment. What’s behind the boom?

Boom times: American ethylene’s reversal of fortunes

• 26 July 2017

Steve Zinger, Senior Vice President Chemicals, assesses changing investment patterns of US chemicals companies in a major article by the Wall Street Journal entitled The shale gas revolution in just one word: Plastics

What does the US-China trade deal mean for refiners - and for the market?

• 20 January 2020

After over a year of trade tensions, the US and China signed a “phase one” trade deal on 16 January. As part of the deal, China has agreed to increase the value of energy imports by US$52.4 billion above 2017 levels over the next two years. What could it mean for the oil market?

Gas and LNG: predictions for 2023

• 12 January 2023

The gas industry found itself at the epicentre of the energy crisis in 2022, with far-reaching implications. What twists and turns will 2023 bring to this global story?

International Energy Week 2025: our key takeaways for oil & gas

• 27 February 2025

As the publicity material for International Energy Week 2025 – held in London from 25-27 February – states, we live in an energy-hungry world. Amid growing trade tensions and shifting energy policy, what does that mean for oil and gas?

Argentina LNG exports positioned to meet peak demand in Asia

• 13 June 2019

Rising natural gas production in Argentina, coupled with competitive global LNG transportation costs, is expected to position the country as an emerging source of gas supply to Asia during peak demand periods, according to new research from Wood Mackenzie.

Boom times: American ethylene's reversal of fortunes

• 27 June 2017

Steve Zinger assesses changing investment patterns of US chemicals companies in a major article by the Wall Street Journal. He evaluates how global ethylene consumption is growing and explores the drivers for this from a low gas price to new and plentiful sources of supply in North America.

How NOCs’ exploration strategies are evolving

• 07 July 2022

NOCs hold two thirds of global remaining resources – how is their attitude to exploration changing with the energy transition?

Webinar | What's next for green steelmaking technologies?

• 25 January 2024

Join our experts on Thursday at 8:00 EST January 25th for an interactive discussion where they will uncover the technical aspects, opportunities, challenges, and the competitive landscape of key green steelmaking technologies. 

Power Advocate landing page

• 03 February 2022

PowerAdvocate is now part of Wood Mackenzie Why did PowerAdvocate become part of Wood Mackenzie? In September 2021, Wood Mackenzie and PowerAdvocate combined to accelerate the alignment of energy data, technology, and product development to meet our customers’ rapidly-changing and expanding needs...

Veritas Capital completes acquisition of Wood Mackenzie

• 02 February 2023

Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk (Nasdaq: VRSK).

From Russia with love: the olefins chain

• 19 April 2018

What are our petrochemical industry colleagues in the Commonwealth of Independent States (CIS) thinking about?

It’s time for midstream companies to explore renewable energy

• 12 August 2020

Midstream companies can be energy-intense, particularly if their operations include processing infrastructure.