North America Key Plays Service

Discover recent activity, identify trends, assess value and highlight critical issues in North America's key plays.

Southeast Asia Gas & Power Service

Get an authoritative analysis and proprietary data across the six most well established gas and power markets in Southeast Asia.

European Energy Service

Stay on top of key fundamentals and get to the bottom of Europe's dynamic energy markets with our European Energy Service.

Energy transition outlook: Middle East

• 18 February 2025

Energy transition progress slows in our latest update – but uncertainty around pace and duration pushes the Middle East to prioritise resiliency.

Crude For Thought

• 11 December 2018

Join our experts for a sometimes unconventional perspective on unconventionals and upstream as a whole.

IE Week Briefings 2026

• 11 February 2026

Join us on Wednesday 11th February for our IE week briefings on the latest opportunities and challenges in the global oil and gas markets in 2026.

Webinar | Delivering CCUS potential in APAC: Policy efficacy and ecosystem dynamics

• 24 April 2024

Join us at our webinar in partnership with the Asia CCUS network where we discuss CCUS policy efficacy and ecosystem dynamics in APAC.

Webinar | Global Oil Market Implications

• 09 March 2020

Rapidly reacting to the oil market price crash, our experts discussed the immediate drivers influencing the market today and what we expect to happen as this continues to unfold. Our Vice Chair - Americas, Ed Crooks was joined by a panel of Wood Mackenzie’s experts to discuss: Immediate repercussions of the OPEC+ group failing to reach a deal Lessons learned from previous oil price crashes - what's different this time? The Lower 48 fallout - what happens next? The Corporate response - what does it mean for the industry's biggest players

Webinar: What oil supply is at risk of shut in?

• 09 April 2020

During the last downturn in 2015/16 supply was relatively unaffected. Even the highest cost wedges kept producing; the associated shut-in costs were deemed too high. But prices only dipped below US$45/bbl for a year, and below US$35/bbl for one quarter. Storage levels were of less concern. There is no precedent for the scale of potential shut-ins for today’s asset classes, if oil prices remain low for a prolonged period. The industry’s ability to keep higher-cost barrels flowing is being severely tested. This downturn, there could be a significant impact on currently producing fields as well as future supply.

Webinar: Oil price crash: navigating the impact on activity, supply chains and cost

• 08 April 2020

In this webinar we bring together experts from Wood Mackenzie’s Lower 48, upstream and upstream supply chain teams as well as our sister company, Power Advocate, to discuss the impact of the oil price crash on activity levels, the service sector industry and costs.

Webinar | Oil price crash: fiscal responses

• 30 April 2020

Oil price crash: what next for fiscal terms? Petroleum investors, producers, suppliers and governments are coming together to try and find solutions to the current industry crisis. The oil revenue cake that they all feast on has shrunk, dramatically.

Webinar | Global exploration before and after Covid-19

• 28 May 2020

Our annual survey of the global exploration industry, conducted largely before coronavirus hit and the oil price crashed, showed signs of cautious optimism. Despite the threat posed by the energy transition, explorers were looking forward to another 30 years of exploration. There was, however, a keen awareness of the challenges ahead – the fight to remain investible, the need to increase capital efficiency and the opportunities and risks presented by deepwater exploration. Join us for a webinar discussing the results on the 2020 survey both in the context of the pre-COVID-19 view and in light of the new world we live in. We’ll cover which exploration companies stood out from the pack in 2019, the changing focus of explorers and the role of exploration in today’s energy companies.

LNG contracting off to a fast start this year with more than 10 mmtpa signed

• 16 May 2022

Demand for long-term LNG contracts continues to gain momentum this year as large volumes have been signed and prices for oil-linked deals under negotiation are rising, according to a recently published LNG contract trends report by Wood Mackenzie.

Vaca Muerta production to reach 113 kboed by 2018

• 04 May 2017

Production from the seven most advanced developments in the Vaca Muerta play is expected to increase by 43% in 2017 to 77 kboed, and to double 2016 levels by 2018.

Lens platform: Lens Gas & LNG Markets Modelling

• 04 March 2024

Test market assumptions in seconds with a fast, robust, and easy-to-use market model

Horizons Live: Scraping the barrel

• 07 March 2023

On this Horizons Live replay, Simon Flowers, Chairman and Chief Analyst, is joined by Andrew Latham, Vice President, Energy Research and Ann-Louise Hittle, Head of Macro Oils to discuss whether the world is running out of high-quality oil and gas.

Was COP28 a huge success? | Podcast

• 15 December 2023

As COP28 comes to a close, the Energy Gang looks back on the last two weeks of discussion. Ed Crooks was there in Dubai, as were regular guests Dr Melissa Lott and Amy Harder, and together they answer the one key question: can we call it a success?

The Energy Gang podcast: Winter is coming – what does it mean for Europe?

• 09 September 2022

We discuss the ongoing energy crisis in Europe and the race to stay warm this winter. We also turn our attention to the Clean Air Act and how it will impact the ongoing demand for electric cars in California.

Earthquake in Japan impacts power sector

• 21 March 2022

Following the 7.4-magnitude earthquake reported off Fukushima, Japan, Wood Mackenzie senior analyst Yamato Kawamata gives an overview of the impact on the power sector.

Tapping working gas volume could cushion blow of Europe’s energy crunch

• 04 November 2021

European gas storage has been struggling to fill this summer. Storage at the beginning of November will be about 75% full, at 83 billion cubic metres (bcm), 14 bcm below the five-year average, rattling the market. A cold European winter could result in storage levels falling to zero by the end of March 2022, unless more Russian gas supply is available versus current export levels. But there could be an alternative available to the market should this come to pass – tapping the substantial amount of cushion gas available in Europe’s storage facilities. Global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), said using cushion gas could allow an extra 15 bcm enter the market, easing the supply crunch.

CCS could have material impact on carbon emissions of LNG projects

• 25 August 2021

The use of carbon capture and storage (CCS) could have a material impact on LNG projects’ carbon emissions. Depending on the strategy adopted, more than 25% of overall carbon emissions could be removed, says Wood Mackenzie,

Nigerian lawmakers pass petroleum bill – but there is still work to do

• 02 July 2021

Speaking after the Petroleum Industry Bill (PIB) was passed by the Nigerian National Assembly on 1 July, Mansur Mohammed, head of West Africa content on Wood Mackenzie’s sub-Saharan Africa upstream research team, said: “The Senate and House each passed different versions of the bill, which will now require reconciliation before it is sent to the president for assent into law. So there is still outstanding work to do before the PIB becomes law, but we see momentum behind the bill.”

UK North Sea M&A gains pace with NEO, Waldorf deals

• 10 March 2021

The latest acquisitions by NEO Energy and Waldorf Production continue what has been blockbuster start to the year for UK M&A with buyers and sellers buoyed by the recent recovery in prices. Just over two months into 2021 and UK disclosed deal spend has reached US$2.7 billion, almost equalling last year’s total, making it one of the hottest markets globally.

Australia should revise RET policy; more ambitious target needed to unlock investments

• 04 February 2021

Australia needs an ambitious long-term Renewable Energy Target (RET) policy to unlock future investments, says Wood Mackenzie.

Global regas capacity under construction hits 10-year high at 144 mmtpa

• 02 September 2020

Global regasification (regas) capacity under construction is expected to hit a 10-year high at 144 million tonnes per annum (mmtpa) in 2020, says Wood Mackenzie.

China’s crude reserves to reach 1.15 billion barrels in 2020

• 23 March 2020

Wood Mackenzie’s latest analysis reveals that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion barrels in 2020, equivalent to 83 days of oil demand.

Asia Pacific upstream - 5 themes to watch in 2020

• 19 December 2019

Wood Mackenzie has identified five themes related to project sanctions, exploration, M&A, energy transition and IMO 2020 that will impact Asia Pacific’s upstream industry in 2020.

Majors cautious as Petrobras takes prize in Brazil’s TOR round

• 06 November 2019

Brazil’s largest-ever auction of oil licences – the Transfer of Rights round – saw state-controlled Petrobras walk away with the biggest prizes, the Búzios and Itapu blocks.

ExxonMobil to sell upstream assets in Gippsland Basin

• 18 September 2019

ExxonMobil putting its entire Gippsland Basin upstream portfolio up for sale represents big news for the Australian upstream and gas market.

Lift off as Sputnik partners hit oil

• 20 August 2019

Commenting on Equinor, OMV and Petoro’s Sputnik discovery, Jamie Thompson, an analyst with Wood Mackenzie’s North Sea upstream team, said: “Despite being small and remote – it lies more than 300 kilometres from shore in the northern Hoop area of the Barents Sea - Sputnik has a high chance of commerciality. The aptly-named field could be a satellite of the pre-FID 440 million-barrel Wisting development, which is just 30 kilometres from Sputnik.