• Editorial

  Gas mega-projects drive BP’s growth in MENA

  • 08 十一月 2017

  MENA will constitute 38% of BP’s total production by 2025, compared to 27% currently.

• Featured

  Shifting tides of global crude oil trade and its impact on Asia

  • 12 十二月 2018

  With significant changes already underway for global crude trade, what will this mean for the industry in Asia?.

• Featured

  Shifting tides of global crude oil trade: Six emerging themes

  • 05 十二月 2018

  We've identified six key themes that will influence the global crude and refining markets in the next five years. Read on for a high level overview of these key areas.

• Featured

  The changing global crude trade landscape

  • 28 十一月 2018

  Over the next five to six years global crude trade is expected to significantly change. This will impact the entire chain, from producers to investors. In this three part series, we look at the global story, the six key themes and finally, we focus on the likely impacts for Asia.

• Opinion

  Middle East and North Africa upstream: 5 things to look for in 2024

  • 10 一月 2024

  With COP28 recently completed in the UAE, there is elevated interest in progressing diverse clean energy strategies in the MENA region.

• Opinion

  Sub Saharan Africa upstream: 5 things to look for in 2024

  • 08 一月 2024

  Sub Saharan Africa upstream will be firing on all cylinders in 2024. Exploration, particularly the deepwater Atlantic margin, will remain strong with several big wells planned in Namibia, Angola, Congo and Equatorial Guinea.

• Opinion

  Sub-Saharan Africa upstream: 5 things to look for in 2025

  • 07 一月 2025

  From exploration in the deepwater Atlantic margin to LNG momentum and licensing rounds, a look at key themes this year.

• Comment

  Market set to tighten as OPEC+ agrees to extend 9.7 million b/d output cut

  • 06 六月 2020

  OPEC+ today (6 June 2020) agreed a one-month extension of the 9.7 million barrels per day (b/d) production cut. The extension will tighten the market further and could see Brent prices rise from the current $40/bbl toward $45-to-$50/bbl.

• Comment

  Shell’s Nigeria sale offers value, but bidders need to do their homework

  • 12 八月 2021

  Shell has started a process to divest all of its operated joint venture licences held by the Shell Petroleum Development Company (SPDC) in Nigeria. This includes a 30% interest in 19 Oil Mining Leases (OMLs). Gail Anderson, Research Director with Wood Mackenzie’s Sub-Sahara Africa upstream team, said: “There is considerable value upside across the joint venture assets, which bidders will need to carefully evaluate and quantify.”

• News Release

  Utility evolution in Africa to reshape global electricity demand

  • 17 三月 2022

  Sub-Saharan Africa offers an alternative vision of how the energy transition will change power generation, according to research released today by global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

• News Release

  High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition

  • 16 二月 2023

  The energy transition will require oil and gas for decades to come, but the supply of lower-cost, lower-carbon “advantaged” barrels remain scarce, threatening emissions targets and causing upstream providers to pivot to new strategies, according to “Scraping the Barrel” a new Horizons analysis from Wood Mackenzie.

• News Release

  TotalEnergies discovery in shallow water Nigeria largest in a decade

  • 16 六月 2023

  Addressing TotalEnergies discovery at Ntokon in the shallow water Niger Delta, Gail Anderson, director of upstream research at Wood Mackenzie, said “Ntokon is likely to be Nigeria's biggest shallow water discovery in a decade. Despite the lack of exploration in recent times, this discovery shows that there is still plenty of running room in the shallow water Niger Delta.”

• News Release

  Steel decarbonisation to redefine supply chains by 2050

  • 19 十月 2023

  The rise of electric-arc furnace technology, increased use of green feedstock and evolving carbon policies will reshape steel production and global trade patterns.

• News Release

  Shifting away from China for critical minerals would increase costs and delay the energy transition, warns Wood Mackenzie

  • 15 八月 2024

  As major global economies look to reposition critical minerals supply chains outside China, the resulting inefficiencies could increase the cost of finished goods and delay the energy transition. The world cannot achieve decarbonisation without copper, a crucial component in electrification. Curr...

• Comment

  Eni sanctions Coral FLNG

  • 20 九月 2017

  Italian major Eni announced today it has taken a final investment decision (FID) on the Coral floating liquefied natural gas development (FLNG), offshore Mozambique.

• News Release

  What's behind Libya's production boost?

  • 20 十月 2017

  Libya's oil production has increased steeply from August 2016’s low point of below 300,000 barrels per day (b/d) to around 850,000 b/d at present, passing the 1 million b/d barrier in July. But Wood Mackenzie believes Libya may now be reaching its near-term production limits and future growth will be gradual.

• News Release

  Upstream companies positioned to thrive in 2019

  • 17 十二月 2018

  Price volatility. Market turbulence. Geopolitical tensions. As 2018 draws to a close the stage is already set for a fascinating 2019 in the upstream industry. In the recently published 2019 upstream and corporate outlook reports, Wood Mackenzie highlights how well prepared the industry is to adapt and thrive in tumultuous times.

• News Release

  Brulpadda delivers the goods for Total

  • 07 二月 2019

  French major Total and its partners, Qatar Petroleum, Canadian Natural Resources, and Main Street, have made a potentially play-opening discovery with the Brulpadda-1 well, in South Africa’s deepwater Outeniqua basin, about 180 kilometres south-east of PetroSA's Mossel Bay gas-to-liquids plant.

• Comment

  Trump's latest China tariffs - what do they mean for metals and mining?

  • 10 五月 2019

  The U.S has increased tariffs on $200bn of Chinese goods to 25%, from 10%, impacting a number of metals. Commentary below comes from the Wood Mackenzie metals team:

• News Release

  Data consortiums signal the future of oil and gas

  • 07 八月 2019

  Wood Mackenzie believes that discovering new value requires going beyond isolated datasets. The solution lies in data consortiums – cooperative platforms where companies can safely share quality data.

• News Release

  OPEC+ ‘no deal’ a blow to the market

  • 06 三月 2020

  The OPEC+ meeting broke up without a deal, what does it mean for the markets?

• News Release

  Oil price rout may trigger major industry shake-up

  • 10 三月 2020

  As global markets reel in the wake of the oil price crash, Wood Mackenzie’ corporate analysis team believes the price collapse could be the trigger for a new phase of deep industry restructuring - one that rivals the changes seen in the late-1990s.

• Comment

  Industry slashes spending as price rout deepens: Can companies cope?

  • 19 三月 2020

  Survival mode has returned to the oil and gas sector as the oil price rout deepens. Corporate financials are in better shape than during the 2014/2015 crash, but room for manoeuvre is limited. Can companies cope with prices this low?

• News Release

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

  • 27 三月 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?

• News Release

  African upstream capex ‘may be slashed by 33%’

  • 31 三月 2020

  Faced with the double whammy of the oil price crash and the coronavirus pandemic, Africa’s upstream sector looks set to slash capital spending by around 33% in 2020. Similar cuts to operating costs are also targeted by producers to stay cash-flow neutral. Unlike the 2015-16 price crash, this time nothing is sacrosanct: some operators will even wield the axe on committed spend, as well as the discretionary expenditure.

• Comment

  Collapsing demand sets the terms in the OPEC+ battle for market share

  • 09 四月 2020

  Since OPEC+’s failure to agree on production restraint on 5-6 March, the implications of the Covid-19 pandemic have become far clearer, sparking a crisis in the oil market as prices fell and supply ramped up. The problem for these producers is the scale of the fall in oil demand, especially during April and forecast for Q2 2020. No matter the size of the varying forecasts, they all point to a challenging market that puts pressure on storage space and prices.

• Event

  Wood Mackenzie at NOG Energy Week

  • 29 六月 2025

  Wood Mackenzie is excited to be attending and speaking at NOG this year as a strategic partner

• Opinion

  International tensions shape COP27 climate talks

  • 14 十一月 2022

  COP27 is ongoing, but progress could be limited by the leaders of China and India staying away from the summit in Egypt

• Platform

  Lens platform: Lens Power & Renewables Europe, Middle East and Africa

  • 24 二月 2025

  Interconnected power and renewables data to support long-term planning, strategy, and investment due diligence.