The all-electric movement goes to war against gas

• 07 February 2020

The all-electric movement threatens future gas demand, OPEC+ oil producers consider an output cut, and the warm winter is hitting gas prices.

Macroeconomics

Understand the interplay between commodities and the economy with macroeconomics analysis to help forecast the pace of global economic development to 2035.

How sustainable is Permian tight oil growth?

• 19 September 2017

Geology vs. technology: As Permian operators continue to innovate, challenging the natural limits of the play, are they at risk for peaking early?

Oil refining’s four big challenges

• 02 July 2021

Oil refining's concerns over profitability, rationalisation, decarbonisation and EVs

OPEC+ surprises market as it extends output curbs

• 04 March 2021

OPEC+ took the market by surprise when it decided to roll over its quota, saying that rather than anticipate a demand recovery, the group would wait to see it actually recover. The market was expecting a substantial increase in production because a tightening in the supply and demand balance is already evident.

China's mega crude-to-chemicals projects may deal knockout blow to regional PX exporters

• 21 August 2018

Higher base chemicals demand and feedstock security for heavy naphtha are driving the development of a new wave of mega-integrated refinery and chemical sites in China. Private Chinese chemical producers, including Hengli and Rong Sheng, are back-integrating their chemical plants with refineries by building mega-integrated facilities. Wood Mackenzie expects these projects to come on stream in the next 12 to 24 months.

A balancing act: getting fiscal terms right

• 01 December 2016

A government can’t influence the geological potential of the areas they offer, so they need to be aware of how the industry perceives the areas offered. How good are the rocks?

Future cost of new oil supply: shale vs conventional

• 20 March 2018

How much new oil does the world need over the next decade? Where are the competitive plays? What are the economic breakeven prices? Our chief analyst, Simon Flowers, explores in the latest edition of The Edge.

Libya: the two-million-barrel question

• 06 November 2023

Libya aims to almost double its crude production levels over the next 3‒5 years, investing around US$ 4 billion a year. However, the country faces a myriad of obstacles, which will stymie its plans.

Operating cost: has the oil industry really moved the needle?

• 20 June 2016

So has the industry finally reversed the long trend of opex inflation? Well, yes and no.

Can upstream deliver the oil and gas supply the world needs?

• 17 August 2023

Assessing the risks in a strong investment upcycle

US shale gas is back: new demand signals underpin upstream opportunity

• 09 October 2025

Which companies and areas are best positioned to capitalise on a structural shift in US gas demand?

Webinar | Analyzing the key bankability indicators of ultra-high power modules

• 30 August 2022

Trina Solar and UL join Wood Mackenzie to discuss the decisive indicators for bankability and an in-depth look at Trina Vertex Module’s high bankability.

OPEC opts for clever compromise – and a show of unity

• 22 June 2018

Focusing on market fundamentals, we look at the impact of three possible options for OPEC and co-operating non-OPEC producers.

BP buys BHP's L48 assets in 'transformative' $10.5bn deal

• 27 July 2018

BP has bought BHP Billiton's US Lower 48 assets in a $10.5 billion deal. Wood Mackenzie believes the deal will be transformative for BP.

Six themes shaping the energy world in 2024

• 09 January 2024

What opportunities, challenges and risks does the world of energy and natural resources face in 2024? Our experts share their thoughts.

Why crude-to-chemicals is the obvious way forward

• 27 April 2020

Which is more competitive, a US ethane-based cracker or a second-generation COTC cracker? And can other regions match China's ROI potential?

Japan’s LNG decarbonisation challenge

• 02 September 2024

Why should LNG emissions matter to Japanese buyers?

Big Oil is back buying upstream assets

• 29 June 2023

Targets are gas and strengthening core positions

Massive discovery breathes life into Alaska's North Slope

• 21 March 2017

In our latest report, our analysts discuss what other discoveries will be found on the North Slope and whether these new fields will generate returns and move forward at current oil prices.

Over three quarters of new LNG supply could be impacted in 2-degree world

• 09 December 2020

Wood Mackenzie’s latest report shows that over three quarters or 77% of new LNG supply are at risk under a 2-degree scenario.

North America gas strategic planning outlook: A glimpse into 2050

• 24 April 2025

Our latest long-term view reveals exciting market dynamics

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

LFG-to-RNG production to more than double by 2030, but project success depends on location and scale

• 12 August 2024

Landfill gas remains the most popular feedstock option for renewable gas production (LFG-to-RNG), but project pre-tax breakeven prices can range, with success relying heavily on location and scale, according to a new report from Wood Mackenzie.

How the oil market plays out in 2021

• 15 January 2021

Oil prices are on a roll, the 10% jump in January means Brent has tripled since the dark days of April 2020. How will the oil market develop in 2021 and can the price rise further still?

A Trump Administration - implications for the energy and mining industries

• 14 November 2016

Although the Presidency does not officially begin until January 20th 2017, the dearth of concrete policy proposals leaves a high level of uncertainty around the priorities of a Trump administration.

US E&Ps on a capital-raising spree

• 26 March 2021

Near-zero interest rates and higher oil prices have created ideal conditions for E&Ps to issue debt. Will the capital inflows enable them to ramp up activity faster?

Benchmarking the Middle East NOCs against the supermajors

• 25 April 2024

How do ADNOC, QatarEnergy and Saudi Aramco compare against BP, Chevron, ExxonMobil, Shell and TotalEnergies?

After hitting new highs in 2023, US lower 48 oil production growth will begin to slow considerably in 2024 and beyond

• 22 February 2024

US Lower 48 oil production growth exceeded expectations in 2023, adding 900,000 barrels per day (b/d) despite inflationary pressures, private consolidation, and declining rig activity. However, the repercussions of these decisions will impact supply moving forward as the region is poised for much lower growth in 2024 and beyond, according to Wood Mackenzie.

What is the impact of the Mountain Valley Pipeline (MVP) on shifting South Atlantic gas price dynamics?

• 10 August 2023

The South Atlantic region experienced significant volatility during summer 2022 due to extreme heat, unexpected pipeline constraints and higher than normal dependence on natural gas power.