Global energy storage set to triple in 2021

• 07 十月 2021

New research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows annual global storage deployments will nearly triple year-on-year, reaching 12 GW/28 GWh in 2021. Across the world, economic recovery is top of mind for politicians, with renewable energy integration taking centre stage. Despite disruptions from the Covid-19 pandemic, Wood Mackenzie’s Global Energy Storage Outlook, released today, forecasts nearly 1 TWh of total demand from 2021-2030.

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?

Deeper OPEC+ supply cuts sends supportive signal to markets

• 06 十二月 2019

After a marathon meeting, running late into the night of 5 December, the OPEC+ group has agreed to continue its current production restraint of 1.2 million barrels per day (b/d), and will add a further 0.5 million b/d of supply cuts through to March 2020.

OPEC+ aims for balance as it rolls over output curbs

• 02 七月 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."

BP’s US$6bn Azeri Central East project gets the nod

• 19 四月 2019

BP and partners have taken a final investment decision (FID) on the Azeri Central East (ACE) platform, the latest phase at Azerbaijan's super-giant Azeri-Chirag-Guneshli (ACG) oilfield. The US$6 billion project will be one of the biggest upstream FIDs of the year.

The Russian oil miracle - how production has soared despite low oil prices

• 28 十一月 2016

As other countries suffer production declines under the pressure of low oil prices, Russia is bucking the trend. What’s different about Russia?

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

• 24 六月 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?

Crisis in Ukraine: the global risks to commodities

• 25 二月 2022

The invasion of Ukraine has had an immediate effect on the global economy and markets. What are the lasting implications for commodities?

North America crude markets, the outlook for oil and the Russian gas route to market

• 30 七月 2019

Hot topics from our most popular reports: Permian cube development potential, a long-term outlook for oils and Russian gas infrastructure and production hotspots

Metals and Mining Briefing | Capturing value from carbon taxes

• 08 七月 2021

Join us on Thursday 8th July for a discussion with Wood Mackenzie’s senior metals and mining experts to understand how carbon taxes and stakeholder pressure are reshaping the metals and mining investment environment.

Тюменский Нефтегазовый Форум

• 04 十月 2021

Различные заинтересованные стороны сосредоточили внимание на роли газа и СПГ в энергопереходе.

Upstream oil and gas: top trends and wildcards to watch in 2022

• 13 十二月 2021

The oil and gas sector bounceback is set to continue – but the positive outlook is tempered by concerns about its future in a decarbonising world. Find out how global trends could play out in your region in our 2022 Outlook series.

How worried should Asia be about conflict in Ukraine?

• 17 二月 2022

Combined with existing market tightness, concerns over disruption to Russian energy supplies in the event of conflict in Ukraine have pushed spot prices towards record levels. Across virtually all energy and natural resources, backwardation is back with a bang.

Ukraine: webinar on the impact for commodities and countries

• 11 三月 2022

In our rapid response webinar, our experts discussed the impact the crisis in Ukraine is having on global commodities.

4 key refining and chemical themes from Moscow

• 23 四月 2019

We've condensed dozens of discussions at Wood Mackenzie's first Russia downstream forum and the 7th CIS Petrochemicals 2019 Conference into 4 of the hottest topics.

Australian alumina and bauxite ban to further disrupt UC Rusal’s supply chain

• 21 三月 2022

The latest sanctions by the Australian government in banning exports of alumina and bauxite to Russia adds further disruption to UC Rusal’s supply chain and ultimately on its ability to maintain normal primary aluminium production levels.

Can Europe cope if Russia shuts off Ukraine gas transit?

• 19 十二月 2019

The gas transit and supply contracts between Russia and Ukraine expire at 10 am on 1 January 2020 (Moscow time) – the future of Ukraine transit remains the largest uncertainty for global gas markets in 2020. Murray Douglas, director, European gas at global natural resources consultancy Wood Mackenzie, said: “Ukraine remains the major transit route for Russian gas into Europe – over 76 billion cubic metres (cm) will be transported via Ukraine this year."

No-Deal Brexit won’t sound death knell for UK refiners

• 23 八月 2019

Despite speculation that a No-Deal Brexit would have a severe impact on the UK refining industry, Wood Mackenzie’s analysis indicates that while the sector’s dynamics would shift and margins will narrow, it would not be crippled.

Exploration’s back in the black

• 04 二月 2019

After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.

What could 2023 deliver in energy? | Podcast

• 13 一月 2023

Melissa Lott, Director of the Centre on Global Energy Policy, is joined by Amy Myers-Jaffe, Director of the Energy, Climate Justice & Sustainability Lab, and research professor at NYU. Together they look forward to the next 12 months and discuss the opportunities or challenges that may await the energy industry.

From Russia with love: the olefins chain

• 19 四月 2018

What are our petrochemical industry colleagues in the Commonwealth of Independent States (CIS) thinking about?

Big Oil’s impact on the transformation of offshore wind

• 16 三月 2021

Join Wood Mackenzie's experts on Tuesday 16th March at 1:30pm - 2:30pm GMT, where we will review the rapid growth of the leading European oil companies in offshore wind.

Can upstream cost savings stick?

• 15 十二月 2017

The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.

Russian Federation upstream: 4 things to look for in 2024

• 10 一月 2024

Russia’s upstream outlook continues to be shaped by the consequences of its invasion of Ukraine.

State of the Market: webinar series

• 01 四月 2020

OPEC+ maintains production plan

• 27 四月 2021

OPEC+ is, as expected, holding firm to its decision to increase supply, gradually and carefully, over the coming months.

Trans Adriatic Pipeline (TAP) completes Europe’s Southern Gas Corridor

• 16 十一月 2020

The commissioning of the Trans Adriatic Pipeline's (TAP) initial 10 bcm per year capacity follows four and a half years of construction, EUR4.5 billion of capex and a variety of obstacles – especially in Italy, where the pipeline ends.

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.

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.

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?