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The US is facing a pivotal moment for its energy future. Depending on the results of the election, investment in the energy and natural resources sectors could play out in very different ways.
Join Wood Mackenzie on 21st May 2024, for a discussion on the oil market outlook and refining capacity and margins.
Transform raw crude and refined product information into actionable insights with refinery data
Unique and reliable intelligence on refinery operations in the Asia-Pacific region.
Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.
Join Ed Crooks, Amy Myers-Jaffe and Dan Goldman as they discuss the downturn in climate-focused funds and venture capital flows. What’s impacting clean energy shares?
Today’s geopolitical temperature is close to boiling point. So why haven’t oil prices leapt in response, as we’ve seen in the past?
After three years of decline, oil and gas production is growing again across Sub-Saharan Africa. Traditional oil producers Nigeria and Angola are increasing investment and activity. Angola's exit from OPEC is a statement of its ambition. Elsewhere, growth projects are progressing in Senegal/Mauritania, Cote d'Ivoire, Namibia and Mozambique. Join our experts on Wednesday 14th February where they will discuss two recent reports - 'Sub-Saharan Africa upstream: 2023 in review' and '5 things to look for in 2024'. A main presentation will be followed by Q&A.
2023 was a year in which the Middle East and North Africa (MENA) region consolidated 2022’s gains. 2024 heralds much uncertainty: an expansion of OPEC quotas will impact short term oil production across the region while capacity expansion continues apace.
India’s global profile is soaring. It already boasts the world’s largest population and is forecast to be the fastest-growing major economy over the coming decades. By 2050, it will be the world’s third-largest economy, up from sixth today.
A solar slowdown, relief for OPEC+, the rise of blue hydrogen, and other trends to watch out for in the year ahead
UK net zero scenarios depend on rapid deployment of decarbonised power, low-carbon hydrogen and CCUS infrastructure.
How do the Euro Majors respond?
US oil production has reached unprecedented levels, but what implications does this hold for our energy security? Join the latest episode, where host Ed Crooks joined by Robbie Orvis and Amy Myers Jaffe, delve into the intricate world of energy dynamics, past and present.
ExxonMobil’s US$64.5 billion acquisition of Pioneer Natural Resources could mean US tight oil output grows faster in the future.
Retail fuel markets in APAC are set for continued growth – and big oil is taking notice.
Wood Mackenzie's 150 minute online training course on 5 June 2024 for the refining industry will allow attendees to get up to speed on its fundamentals to deepen knowledge on the role of refining within the oil and petrochemicals value chain.
The Biden administration plans the "fewest offshore oil and gas lease sales in history", and the rest of the week’s key energy news.
The CBAM will reshuffle global trade – who will be the winners and losers?
Analysing the impact of crude storage on global oil market trends
The oil market has come to life, with prices finally delivering on our expectations for 2023. Our oil experts, Ann-Louise Hittle and Alan Gelder, join Simon Flowers to discuss where the market goes from here and what this could mean for the economy and politics.
On this month's Horizons Live, our panel discusses debunking the myth of upstream underinvestment.
How can India attain its net zero emissions goal by 2070, in line with global pledges to reach net zero emissions by mid-century? Wood Mackenzie analyses the scenario in its latest report ‘India energy transition pathways 2070’, concluding that the country must radically transform its energy landscape and prioritise renewable energy, electrification, hydrogen adoption, and carbon removal strategies.
Achieving India’s decarbonisation target by 2070 is possible, but renewables and emerging technologies must scale rapidly.
Despite concerns about underinvestment in upstream, peak oil and gas demand can be met in the 2030s without a substantial increase to current annual asset development investment levels of US$500 billion in 2023 terms, according to a new Horizons report from Wood Mackenzie.
Upstream development spend is barely half its 2014 peak, leading to the belief that the industry is underinvesting, and that a supply crunch is inevitable. But is that the reality?
The future will run on electricity, yet the world is struggling to decarbonise its power supply and meet demand. The 2022 energy crisis has put energy security and reliability front of mind for governments and underscored the need to press ahead with the development of alternative energy sources.
The Chinese economy is expected to grow by 5.5% but could grow by as much as 7% in 2023 as the country bounces back from three years of lock-down caused by the Covid pandemic according to a new report by Wood Mackenzie.
What the end of China's 'zero Covid' strategy means for global energy and natural resources
The Majors have shown there can be different approaches to decarbonisation and achieving net zero, but divergent strategies are showing signs of converging again.
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