Oil producers cautious as recovery hopes rise

• 20 November 2020

Good news on Covid-19 vaccines points to a rebound next year, but there are still some difficult months ahead

A new model for M&A in US oil

• 06 October 2020

Consolidation is one way for the beleaguered shale industry to achieve badly needed cost cuts. Devon and WPX have shown one way it could be done

Will there be a bailout for the hard-pressed US shale industry?

• 13 March 2020

As US E&Ps are battered by plunging oil prices, the Trump administration is considering offering them financial support. This and more in this week's Energy Pulse with Ed Crooks.

North America Crude Markets Service

Forecast North American crude flows through all major pipelines, hubs and export terminals to support strategic planning, market analysis and valuation work.

Gas & LNG

• 06 September 2022

Gas & LNG industry analysis, supported by robust data offerings, thorough research, and comprehensive consulting services.

Webinar | Tight oil through the crash: what Permian projects are left standing?

• 30 June 2020

Permian investments have been scaled-back aggressively. But there are still 135 active rigs concentrated in certain geographies. Are the tight oil wells being drilled generating returns at today’s prices? Your hosts will walk you through our latest valuations work focused on the Delaware and Midland basin in these three simple steps: 1. High grade undrilled acreage by recovery rates and geologic properties 2. Develop type curve distributions to highlight the best undrilled locations 3. Test price scenarios and timing to find the optimal drilling schedule against various price outlooks

State of the Market: webinar series

• 01 April 2020

Why North-west Europe needs more regasification capacity

• 18 December 2019

North-west Europe needs more regasification capacity – both to meet the region’s growing demand, and to soak up surplus volumes of liquefied natural gas (LNG) in the future, new research from global natural resources consultancy Wood Mackenzie shows.

ARA Gasoil Inventories

• 22 November 2024

Get a complimentary copy of our report highlighting how inventory builds, draws, and trend reversals influenced gasoil prices from Q3 2023 to Q3 2024.

Asia Pacific could become a global leader in the energy transition

• 21 February 2024

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.

The Asia energy market outlook for 2020

• 06 January 2020

A new year, a new decade and a lot of uncertainty across Asia’s energy markets. To kick off 2020 I spoke to several WoodMac analysts in the region to hear their predictions for the coming 12 months. I hope their thinking might surprise you!

China’s bull run keeps it top dog in renewables

• 23 February 2022

China just re-wrote the global energy record book. Driven by the country’s surging economic growth, 2021 saw China record the largest ever absolute annual increase in electricity demand by any country in history.

Europe emerges as global LNG price-setter

• 27 May 2021

Global liquefied natural gas (LNG) markets were set to tighten over the next five years, driven by a slowdown in global LNG supply growth. But Europe’s market dynamics are turbo-charging the price recovery, with TTF currently trading close to US$9 per million British thermal units (/mmbtu), a level not seen since mid-2018. Following the recent winter spot price spike in Asia, the European market has been sustaining global LNG prices, making the region a battleground for global LNG price formation, new research from global natural resources consultancy Wood Mackenzie found.

How real-time data and analytics inform trading decisions in major commodities

• 08 August 2024

A demonstration of how Wood Mackenzie's Asset Connect product assessed the impacts of a power outage on the crude and refined products market.

Oil price rout may trigger major industry shake-up

• 10 March 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.

COP26 oil demand: in the cross hairs of emissions reduction

• 18 August 2021

Our COP26 briefing considers the implications for the oil market and refining industry of a global concerted effort to reduce emissions and limit a temperature rise by 2050 to 2 °C.

A supercharged China could turn up the heat on global commodities

• 23 March 2023

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 forces will shape global gas markets over the next two decades?

• 13 August 2020

Global gas demand has proved resilient despite widespread coronavirus lockdowns - but supply dynamics are more challenging. Will gas and LNG demand continue to recover? And what forces will shape the market over the next two decades?

Electric vans on the brink of a commercial breakthrough

• 16 April 2021

There is a dispute over whether the US Postal Service should buy EVs, but the private sector is pressing ahead with orders.

OPEC+ deal balances consumer pressure with need for stable prices

• 23 June 2018

The OPEC+ meeting, held in Vienna on 23 June 2018, confirmed Saudi Arabia and Russia’s high-level commitment to co-operate to manage the oil market.

Energy view to 2035 in five charts

• 15 June 2017

We've distilled our outlook into five charts that examine global supply by fuel, demand by country and emerging markets in Asia Pacific.

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

• 27 July 2023

Indonesia’s oil and gas sector must undergo a major overhaul in the way it operates if it is to realise the full potential of the country’s natural resources and support a successful energy transition, according to a new white paper by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

European oil storage: Competitiveness is key to identifying sustainable investments

• 22 March 2017

Major transactions within Europe’s oil storage sector have resulted in an estimated 22 million barrels of capacity changing hands in 2016.

Major LNG buyers' uncontracted demand to quadruple by 2030

• 13 December 2018

Wood Mackenzie's latest research reveals that uncontracted demand by the world's seven largest LNG buyers could quadruple to 80 million tonnes per annum (mmtpa) by 2030.

Australia-China relations continue to sour

• 13 May 2021

With China buying around a third of everything Australia exports on a value basis, the downward spiral in Sino-Australian diplomatic relations is clearly of concern.

Shell takes a hit from the coronavirus downturn

• 02 July 2020

The company is taking a gloomier view of oil and gas prices over the next few years, prompting a writedown in asset values of up to $22 billion after tax

The challenge of upgrading the US grid

• 07 May 2021

The shift towards renewable power generation relies on adding transmission capacity. Opposition to new lines makes that an uphill battle.

OPEC+ ‘no deal’ a blow to the market

• 06 March 2020

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

Growth and opportunities in Southeast Asian LNG and power

• 05 October 2017

As the region grows richer, energy demand is booming, leading to buoyant gas, LNG and power markets.

Macro Oils Service

Easily understand trends in the global oil market with our informed, independent view on oil prices and their key drivers.