Oil and Gas Emissions Benchmarking Tool

Inform strategic decisions regarding oil & gas emissions risk management at scope 1, 2 and 3

US anger at OPEC+ production cut

• 11 十月 2022

The decision provoked some anger in the US. But the actual production cut is smaller than the headlines imply, and is coming as global demand for oil is faltering.

US gas goes global

• 09 六月 2025

Our new partnered report with CME Group explores why U.S. LNG pricing matters globally – and what it means for commodity traders around the world.

President Biden aims for higher employment and lower emissions

• 01 四月 2021

Two announcements this week showed the administration attempting to deliver on its promise that a key goal of climate policy is job creation.

Lens platform: Lens Hydrogen

• 20 四月 2023

Maximise opportunities across the hydrogen and ammonia value chain with Wood Mackenzie Lens Hydrogen. Identify, screen, and benchmark the hydrogen economy worldwide.

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

• 17 八月 2023

Assessing the risks in a strong investment upcycle

Oil in a decarbonising world

• 22 九月 2022

What is the trajectory of oil demand in a world that’s decarbonising and how will that influence prices?

Avoiding pand-ammonia: how to kick-start a global low-carbon ammonia industry

• 17 十一月 2022

Ammonia shapes modern life in every way imaginable. As the basis for all nitrogen fertilisers, industrial ammonia has truly changed the world.

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

• 21 八月 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.

Market implications of Chinese tariffs on US LNG

• 03 八月 2018

Today China announced retaliatory tariffs on $60 billion worth of American imports, in response to the Trump administration's latest trade threats. The list included a 25% tariff on LNG.

China's retaliatory tariff on US LNG

• 19 九月 2018

In the 12 months up until June 2018, China was the second largest buyer of US LNG, accounting for approximately 3 mmtpa of US LNG, with Shell being the largest seller. However as the US-China trade dispute escalated, Chinese buyers have gradually reduced purchases of US LNG.

Brazil's pre-salt value: what would a bidding war do?

• 22 三月 2018

Brazil's record oil auctions last year saw intense competition for some of the most prospective pre-salt offshore acreage. As operators prepare for this year’s pre-salt rounds, new research from Wood Mackenzie assesses whether aggressive bidding could risk destroying value and erode the economics of potential future discoveries.

India to double oil products growth in 2018

• 19 一月 2018

India is poised to double its oil product demand growth (190 kb/d) in 2018 after a sluggish 2017, when demand grew by only 93 kb/d. Last year, demand growth was at its slowest in the past three years.

Mexico’s Deepwater Round 2.4 Receives Significant Bids

• 31 一月 2018

Mexico’s second deepwater licensing round closed today on a high note with 19 of 29 offered blocks awarded, raising more than US$500 million in cash payments. Shell dominated the auction, snapping up nearly half of all blocks awarded. In the Perdido Area, the company won five of six awarded blocks.

OPEC producers key to world supply through to 2040

• 16 七月 2018

Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.

Rise in new players in Southeast Asia's upstream sector

• 28 六月 2018

Since the fall in oil prices in 2014, oil majors and international oil companies (IOCs) have accelerated a shift towards resource themes and regions offering higher returns, lower complexity and shorter timeframes, away from the more challenging regions such as Southeast Asia. To date, close to 800 million barrels of oil equivalent (boe) of the region's resources have left the hands of majors and IOCs.

Renewables and nascent low-carbon technologies most exposed to high interest rates

• 18 四月 2024

If high interest rates persist, transitioning to a net zero global economy will be even harder and more costly. The higher cost of borrowing negatively affects renewables and nascent technologies, compared to more established oil and gas, and metals and mining sectors, which remain somewhat insulated.

New wave of growth on the horizon for Asia-Pacific's oil and gas sector

• 15 十月 2018

Asia-Pacific's oil and gas sector looks set to rebound over the next 12 months as rising demand, stronger commodity prices and an uptick in M&A activity bring greater confidence to the region. Wood Mackenzie predicts rising Asian LNG demand, the return of China's NOCs to growth mode and new appetite for upstream investment to be key factors influencing the sector, not only Asia-Pacific, but also globally into 2019.

Is the end of the global energy transition closer than we think?

• 17 十月 2018

Is the Global Energy Transition on track? A new report by Wood Mackenzie, Thinking global energy transitions: the what, if, how and when, explores the forces shaping the energy transition, and pinpoints the sustainability tipping point – when the world shifts from the age of oil and gas to the age of power and renewables – will arrive by 2035.

Full steam ahead for Tortue FLNG

• 21 十二月 2018

Sanctioning the Tortue FLNG project, offshore Mauritania/Senegal is a 'major milestone' for BP and its partners

Upstream players need to boost spending to meet future demand

• 24 十月 2018

Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade.

What next for the oil market as the US reimposes sanctions on Iran?

• 06 十一月 2018

What next for the oil market as the US reimposes sanctions on Iran?

Aramco's $10bn bond underscores its vast global ambitions

• 01 四月 2019

Saudi Aramco’s decision to issue a $10 billion bond underscores how serious the company is about transforming itself into an international powerhouse across the oil and gas value chain, from upstream to petrochemicals.

US gasoline demand poised to decline by over 1.7 million b/d by 2030

• 20 三月 2017

Gas demand may be nearing a new peak due to stringent fuel efficiency standards and shifting demographics.

Better times head for the UKCS, but investment still a concern

• 17 一月 2017

Wood Mackenzie expects a modest recovery due to the improving oil price.

Seasonality takes centre stage in Egyptian gas market

• 12 一月 2017

Egypt's fortunes look set to change after five years of falling production and switching from a net exporter to a net importer.

When will the market face peak demand?

• 18 十月 2017

The market is no stranger to peak oil. But industry focus is shifting from concerns about peak oil supply to a more concrete threat– peak demand. The Rise and Fall of Black Gold, released today by Wood Mackenzie, is a comprehensive, cross-commodity, cross-value chain analysis of peak demand. The report identifies the drivers as well as the potential impact of this global transformation – across regions, sectors, and fuels.

Wood Mackenzie commentary on India CERA Week

• 09 十月 2017

To mark the start of the India Energy Forum by CERA week, Wood Mackenzie analysts weigh in on the country's oil and gas outlook and production prospects.

OPEC stays the course with production deal

• 01 十二月 2017

OPEC and non-OPEC producers agree to extend production curbs through 2018

Beach's production to increase 160% post Origin gas assets acquisition

• 26 九月 2017

Following the announcement of Beach Energy's US$1.25 million acquisition of Origin Energy’s subsidiary, Lattice Energy, our Australasia senior analyst Chris Meredith, weighs in on the deal.