Gas and LNG: predictions for 2025

• 07 January 2025

From the prospect of a new wave of US LNG investments to the potential impact of the Ukraine transit deal expiration.

Three critical factors to developing Africa’s oil and gas resources

• 27 September 2023

Africa is blessed with abundant oil and gas resources but stands at a crossroads. The continent is yet to realise the full potential of its energy wealth.

How South Texas market shifts will create gas price divergence

• 13 September 2019

Permian and Eagle Ford gas production growth are meeting robust LNG export in South Texas. What does this mean for Katy, Agua Dulce and HSC price hubs?

Wood Mackenzie predicts European gas demand will continue to fall, helping gas storage outlook for this winter and the following

• 01 September 2022

High natural gas prices will continue to drive down European demand to seven percent below the five-year average through March, leaving a best-case scenario of storage levels at 31% at winter’s end, in line with the five-year average, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

OPEC+ aims for balance as it rolls over output curbs

• 02 July 2019

Speaking as the OPEC and OPEC+ meetings ended in Vienna today, Ann-Louise Hittle, vice president, Macro Oils, at global natural resources consultancy Wood Mackenzie, said: “The agreement to roll over production restraint was a foregone conclusion after the green light from Russia’s president, Vladimir Putin, at the G20 meeting for continued production restraint."

Energy companies seek answers amid US tariff uncertainty

• 07 March 2025

The evolving US tariff landscape is creating uncertainty across industries, especially in energy, with fluctuating import tariffs impacting global markets and forcing businesses to adapt.

The bridge: natural gas's crucial role as a transitional energy source

• 13 February 2025

In this Horizons, we take a strong position to advocate for the role of gas in the energy transition and highlight both the merits of gas use and the steps the industry must take to ensure its full potential is realised.​

UK's 32nd Offshore Licensing Round

• 08 September 2020

The UK's 32nd Offshore Licensing Round can be considered a success, but what is the future of licensing in the UK North Sea?

What would an EU carbon border adjustment mechanism mean?

• 14 July 2021

The EU Commission proposed a carbon border adjustment mechanism (CBAM) as part of today’s “Fit for 55” package. James Whiteside, global head of multi-commodity research at Wood Mackenzie, said: “As the first mechanism of its kind, the CBAM is being designed in consultation with industry to avoid unintended consequences. “A CBAM that does not cover a substantial portion of the production chain will encourage carbon leakage - pushing emissions beyond the borders of the EU or shifting competition between EU and non-EU producers to the next stage of the value chain.”

2017 Gas Indonesia Summit: what lies ahead?

• 07 August 2017

As Indonesia braces for higher LNG consumption, the country needs to address several issues, which can be used as learnings across emerging LNG markets around the world.

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

• 24 June 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?

OPEC+ plans to boost oil production

• 07 June 2024

The OPEC+ countries are taking on the delicate task of trying to raise oil production without crashing the market. They are starting cautiously, but the global economic outlook holds plenty of downside risks for demand and prices.

Washington tariff dispute creates uncertainty for US solar

• 05 May 2023

Congress and President Biden are at odds over possible new duties on modules imported from Southeast Asia

Horizons: From boom to Biden – a roundup of our insights from Q3 2021

• 21 September 2021

Q3 Horizons explored the commodity price supercycle, carbon emission regulation's impact on the oil and gas sector, and Joe Biden’s plan for net zero by 2050.

Deepwater Gulf of Mexico stages a comeback in 2018

• 05 January 2018

The U.S. deepwater Gulf of Mexico sector has struggled since crude dropped in late 2014. However, as costs finally settle at a bottom and operators set a new standard for operational efficiency, 2018 might just be a turning point for the sector.

US tariffs push Canada to consider alternative export routes

• 24 March 2025

The cost of the threatened 10% tariff on oil and gas would fall mainly on Canadian producers, because they are tied to the US market

When will pre-FID oil projects be commercial again?

• 13 July 2016

If prices remain at $50/bbl, then most major conventional projects are at risk of deferral or cancellation. Which projects will breakeven and which will be profitable?

Gas & LNG in Asia: the next 10 years

• 09 December 2024

Economic expansion, urbanisation and population increases have already made Asia the key driver of global gas market growth over the past decade. So, what can be expected over the next ten years, and what investment opportunities will be created as a result?

What will 2020 look like in Asia Pacific for gas and LNG?

• 18 December 2019

The global LNG market spent 2019 in the depths of oversupply with Asian spot LNG prices hitting an all-time low of $4.3/MMBtu in September.

How will oil and gas companies get to Scope 3 net zero?

• 27 October 2022

Only ten major oil and gas companies have set Scope 3 net zero ambitions – so far three broad business models for dealing with this complex challenge are emerging.

Tight oil or deepwater: which is more valuable?

• 23 July 2019

Deepwater and tight oil project economics are often presented differently. But what happens if we use the same investment metrics to evaluate both?

Can conventional oil projects compete with L48 oil?

• 14 March 2018

US tight oil has arrived with a bang, disrupting the oil market. But can conventional oil projects compete? Our latest report looks at where tight oil and other pre-FID conventional projects sit on the global cost curve.

There's light at the end of the tunnel for refiners

• 31 January 2019

The second half of 2018 was a very challenging time for refining. This weak commercial performance was due to a whole host of adverse market developments. Are these developments temporary or are they here to stay?

The slow recovery after Hurricane Ida

• 10 September 2021

Hurricanes are a fact of life in the Gulf of Mexico, and the energy industry has many decades of experience in managing the risks. But Hurricane Ida has been one of the most disruptive in recent years, and about 1.5 million barrels per day of US oil production is still offline. Increased rainfall and potentially higher wind speeds in future could further complicate the challenge of resilience.

North America Company & Play Analysis Tool

Pull apart company value data and forecasts to benchmark regions, plays and operators on the metrics that matter.

2035: The evolution of a global gas market

• 14 April 2017

Assess the shifting supply and demand dynamics that will foster the growth of the international gas trade.

Australia's east coast gas market – how LNG changes everything

• 27 September 2018

At last count four separate project developers are proposing LNG import terminals in Australia. These come just as Australia is ramping up LNG production to overtake Qatar as the world's largest LNG exporter. So what is going on?

The EU’s new carbon tax at the border

• 31 January 2020

The European Commission is proposing a new emissions-based import duty to prevent “carbon leakage”, but could face opposition from the US. This and more from Ed Crooks in this week's Energy Pulse.

Does the bull market in oil rigs signal a slower transition?

• 08 June 2023

Deepwater hot spots drive up demand for drilling

Oil price rout: which supply is most at risk of shut-in?

• 27 March 2020

The coronavirus pandemic is reducing oil demand. The OPEC+ production restraint agreement fell apart on 6 March and Saudi Arabia is rapidly increasing supply. The result: Brent crude has plunged to less than US$30/bbl. This will have a significant impact on currently producing fields and future supply. How low can the price go before different sources of production become uneconomic? Where are production shut-ins most likely? Can governments influence the result?