Electric vehicles can help save the environment, but can they save the owner money?

• 18 November 2020

Using Wood Mackenzie's Total Cost of Ownership (TCOO) Model to compare the potential cost of owning an EV against an ICE vehicle over 10 years, it's clear that three variables - incentives, fuel cost and depreciation - really make the difference.

Oil in a decarbonising world

• 22 September 2022

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

For a few dollars more – OPEC’s shifting stance

• 13 October 2016

OPEC’s plan for production cuts signals a desire to support prices, even if the battle to wrest control of the market seems barely half won.

Majors' capital allocation in a stuttering energy transition

• 03 March 2025

As energy transition challenges mount, oil and gas Majors are pivoting back to upstream - while NOCs step up their low-carbon commitments. What does this mean for the industry's future?

What could change in Venezuela mean for oil production?

• 05 December 2025

US energy policy, geopolitics and market pressures collide — here’s what they mean for oil supply, gas prices and the future of global power

Energy Pulse: in brief (29 September)

• 29 September 2023

The Biden administration plans the "fewest offshore oil and gas lease sales in history", and the rest of the week’s key energy news.

Emissions Benchmarking Tool

The Emissions Benchmarking Tool provides transparency at the asset and corporate level for Upstream, Downstream and Metals & Mining.

North America Key Plays Service

Discover recent activity, identify trends, assess value and highlight critical issues in North America's key plays.

IE Week Briefings 2026

• 11 February 2026

Join us on Wednesday 11th February for our IE week briefings on the latest opportunities and challenges in the global oil and gas markets in 2026.

Webinar | Global Oil Market Implications

• 09 March 2020

Rapidly reacting to the oil market price crash, our experts discussed the immediate drivers influencing the market today and what we expect to happen as this continues to unfold. Our Vice Chair - Americas, Ed Crooks was joined by a panel of Wood Mackenzie’s experts to discuss: Immediate repercussions of the OPEC+ group failing to reach a deal Lessons learned from previous oil price crashes - what's different this time? The Lower 48 fallout - what happens next? The Corporate response - what does it mean for the industry's biggest players

Webinar | Oil price crash: fiscal responses

• 30 April 2020

Oil price crash: what next for fiscal terms? Petroleum investors, producers, suppliers and governments are coming together to try and find solutions to the current industry crisis. The oil revenue cake that they all feast on has shrunk, dramatically.

Webinar | Global exploration before and after Covid-19

• 28 May 2020

Our annual survey of the global exploration industry, conducted largely before coronavirus hit and the oil price crashed, showed signs of cautious optimism. Despite the threat posed by the energy transition, explorers were looking forward to another 30 years of exploration. There was, however, a keen awareness of the challenges ahead – the fight to remain investible, the need to increase capital efficiency and the opportunities and risks presented by deepwater exploration. Join us for a webinar discussing the results on the 2020 survey both in the context of the pre-COVID-19 view and in light of the new world we live in. We’ll cover which exploration companies stood out from the pack in 2019, the changing focus of explorers and the role of exploration in today’s energy companies.

Webinar | Extracting value from CCUS: how does it work?

• 26 February 2024

Join Wood Mackenzie on February 26th, 2024, for an introduction to CCUS project valuations.

New mid-caps in Brazil aim to increase mature asset reserves almost 1 billion boe by 2035

• 06 December 2022

With Petrobras divesting in many of its mature assets, new mid-cap upstream operators entering the Brazilian market will invest US$10 billion in capital investments during the next decade, boosting the production from these assets through 2027 and increasing remaining reserves by 980 million barrels of oil equivalent (mmboe) by 2035, according to a report from Wood Mackenzie, a Verisk business.

China's refining sector to slowdown and reconfigure for energy transition

• 15 March 2019

Refinery capacity is expected to continue growing in the medium term, but the pace of growth is expected to slow down considerably. Capacity additions are mainly from crude-to-chemicals projects, which aim to maximise naphtha production to meet the increasing petrochemical feedstock demand.

Oil and refined products in 2025: a commodity trader’s guide

• 14 April 2025

In an energy hungry world beset by growing trade tensions and shifting energy policy, volatility creates opportunity for commodity traders who can stay one step ahead of market shifts. So, what are the opportunities and challenges set to shape crude and refined product markets as 2025 progresses?

PES to close oil refinery after fire damage

• 26 June 2019

Philadelphia Energy Solutions (PES) will close its oil refinery in the city, following a large fire last week that damaged the complex.

Chance of a lifetime: can India show the developing world a unique path to net zero?

• 18 January 2024

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.

Energy transition to drive refinery and petrochemicals integration

• 16 February 2021

2020 was a difficult year for the world’s refineries as the coronavirus pandemic reduced refinery utilisation and OPEC+ supply restraint narrowed crude price differentials. Despite this, integrated refinery and petrochemical sites significantly outperformed their fuels-only peers, according to Wood Mackenzie.

Is Asia’s oil market recovery losing pace?

• 15 September 2021

Continued restrictions on mobility reverberate through to demand for transportation fuels in Asia Pacific.

Onsan refinery case study: how much value will greater refinery-petrochemical integration add for S-Oil?

• 23 August 2021

How can refiners assess the potential ROI of increased petrochemical integration? We explore how S-Oil’s plans to add steam cracking to its Onsan site will affect its competitive position.

How M&A markets are passing the refinery bucks

• 07 February 2017

Chris Shepley, Head of Downstream Consulting, discusses recent trends in refineries and M&A markets.

Plugging the methane leaks

• 29 October 2021

The Biden administration and key members of Congress are in negotiations over legislation that could include a new fee on methane emissions from US oil and gas facilities. If it passes into law, the fee would have a widely varying impact across regions and across companies.

Refinery Evaluation Model

Benchmark refineries around the world and assess their competitive advantage with independent insight into performance.

The Biden administration seeks answers to high fuel prices

• 17 June 2022

The president has asked refiners to increase output. Effective solutions will be more complex.

US to release crude oil from strategic petroleum reserve

• 25 November 2021

On 23 November, US President Biden announced the release of 50 million barrels (mbbl) of crude oil from the US Strategic Petroleum Reserve (SPR).

Scraping the barrel: is the world running out of high-quality oil and gas?

• 16 February 2023

The world won't run out of oil or gas anytime soon. But truly advantaged resources – with low break-even costs and low emissions – are anything but plentiful.

Crude Trade Service

Get a global view of future crude trade and accurately assess how market events affect crude supply, demand, trade and crude price differentials.

Three factors driving US liquids production to new heights

• 05 September 2024

Our US upstream team identify three drivers of the US’ ascent to the top of the global supply league table and why it’s now the main growth engine for three of the four largest Majors.

How India is redefining its energy future

• 17 February 2023

Investors eye up huge low-carbon and oil and gas opportunities.