Upstream oil & gas: region-by-region predictions for 2025

• 08 January 2025

Improving upstream sentiment comes at a time of high geopolitical tensions, and both supply and demand concerns. Near-term price weakness may belie longer-term market strength, setting 2025 up to be a year of mixed messages.

Natural Gas

• 16 November 2020

Stay ahead of natural gas markets with our industry leading analysis based on the highest quality public and proprietary data sources.

Satellite tracking, remote sensing: how we monitor the LNG market

• 13 October 2022

Thousands of satellites are currently on various orbits around the Earth. Space agencies around the world have initiated hundreds of programmes over the last decades. Private companies have entered the market more recently in a big way. So, how is satellite monitoring used? And how can it be leveraged to deliver unique intelligence into the global LNG market?

The Trump administration remakes US environmental approvals

• 21 February 2025

Discover how Trump's new environmental policies could reshape energy infrastructure and accelerate project approvals across the US.

Big oil, new energy and the stock market

• 19 June 2020

Big Oil is on the move, feeling its way into a changing energy world. There are two sides to adapting: how to decarbonise oil and gas and how to build a sustainable business around zero-carbon technology. European and US Majors are following two very different paths.

Conventional exploration – playing devil’s advocate

• 06 June 2017

Andrew Latham, our Head of Exploration Research, has built a global creaming curve for conventional exploration outside the USL48. Three themes stand out.

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).

US independents balance the books

• 14 February 2019

The Lower 48 E&P sector is under pressure from investors demanding greater capital discipline, positive free cash flow and increasing returns. There’s a tug-of-war between value and volume, and value has emerged as the winner. The Lower 48’s independents, who traditionally pursued growth at all costs, must now rein in their impulses and focus on delivering returns to their shareholders. How does this affect their 2019 spending plans, and how do they manage volatile oil prices?

Metalmorphosis: how decarbonisation is transforming the iron and steel industry

• 19 October 2023

As the steel industry solves its carbon problem, we see a tectonic shift towards greener metallics like hydrogen-based DRI & scrap over hot metal.

No country for old fields: why high-impact oil and gas exploration is still needed

• 05 November 2024

In this Horizons, we make the case that exploration continues to add value, cut carbon intensity and lower the cost for end consumers.

Bio-liquid gold: how biofuel circularity could unlock the energy transition

• 18 August 2022

There’s little doubt that liquid biofuels should play a crucial role in the energy transition. Bio-based diesel and aviation fuels from plant-based feedstock could emit 80% less carbon than the crude oil-based products that dominate today’s global market. The question is how to make it happen.

North America Power Service

Dedicated regional coverage, long-term fundamental forecasts, short-term base case forecasts, assumptions and projections, and long-term topical scenario analyses. Regions covered include: ERCOT, Midwest, Northeast, Southeast and WECC.

Gas prices set the stage for a shifting summer market

• 01 May 2025

Higher gas prices reshape production, demand, and injection trajectories heading into summer .

Video | Lens Emissions: Africa’s oil – legacy fields vs low-carbon future

• 05 May 2025

Can legacy oil fields compete in a low-carbon era?

Video | Lens Gas & LNG: Golar and partners' FID set to revive Argentina's LNG export ambitions

• 07 May 2025

The 2.45 mmtpa Hilli vessel will be re-deployed from Cameroon to Argentina under a 20-year charter agreement.

The Louisiana LNG play: Woodside’s new growth engine

• 19 May 2025

How a high-return, derisked LNG development is reshaping Woodside’s global position and attracting major capital partners.

How Asia will drive global gas and LNG investment to 2050

• 12 May 2025

Wood Mackenzie analysts recently took a detailed look at the key developments set to shape the outlook for global gas and LNG through 2050, with a particular focus on Asia.

Dynamics shaping the European natural gas market

• 14 July 2025

What does Wood Mackenzie’s new unique Supply & Demand modelling reveal about trading opportunities over the next 18 months?

Video | Lens gas & LNG: Three key LNG M&A opportunities

• 24 July 2025

Exclusive market intelligence from Wood Mackenzie’s Global LNG team.

What’s been happening in upstream M&A?

• 07 August 2025

The trend for fewer but larger deals continued in H1 2025 .

Deepwater Black Sea: a new contender in the global gas landscape

• 07 August 2025

Can the region deliver secure, advantaged supply to Europe?

Green gains: inside the rise of North American renewable natural gas

• 26 August 2025

Analysts from Wood Mackenzie’s Biomethane Service recently assessed the North American biomethane market – what drives it and holds it back, the outlook for supply and demand, as well as pricing and policy development.

Revitalisation meets frontier exploration in West Africa’s twin-track energy future

• 23 September 2025

While Nigeria and Angola introduce fiscal reforms for mature offshore basins, high-impact exploration reveals untapped potential for Cretaceous plays.

How LNG and power are shaping US gas pipeline development

• 24 September 2025

As gas demand continues to grow, end users are stepping up to underpin midstream projects to secure long-term supply.

Africa’s energy crossroads: insight from Gavin Thompson

• 07 October 2025

From Nigeria to Namibia, how policy reforms, infrastructure, and gas monetisation are shaping Africa’s energy future..

5 key ways to decarbonise downstream

• 25 November 2025

The refining and petrochemical sectors need to cut emissions, but how? We explore the opportunities and challenges.

Five key takeaways from our Gastech 2025 Leadership Roundtables

• 01 December 2025

Key themes included the impact of geopolitics on demand, the enduring role of gas in the supply mix and the bumpy road ahead for LNG.

Angry tweets, a new long march and an escalating trade war

• 12 June 2019

In the latest APAC Energy Buzz, Wood Mackenzie's Asia Pacific Vice Chair, Gavin Thompson, shares the implications of the ongoing US-China trade disputes on the energy sector.

How low-cost US natural gas spurs global LNG opportunities

• 08 August 2019

The US shale revolution in action: as well productivity dramatically rose, the US emerged as the largest gas producer in the world. LNG buyers will benefit.

Walking Japan’s energy tightrope

• 06 February 2025

Japan’s new energy plan reshapes its path to net zero, balancing nuclear, renewables and LNG for a secure energy future.