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Data and energy insight from our thought leaders, Jason Liu and Simon Flowers, Connected the book.
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A look at the global economic impacts of new US trade measures.
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What opportunities, challenges and risks does the world of energy and natural resources face in 2024? Our experts share their thoughts.
Our Global Upstream Update presents timely analysis of key industry topics from our regional experts situated around the world.
Targets are gas and strengthening core positions
For the global and regional energy sector, Kazakhstan’s stability matters. What are the short- and long-term consequences of recent events?
Big changes are coming to the carbon rules that shape how clean power is bought and reported - here’s what energy buyers need to know
Within weeks of taking office, President Trump escalated his threat to impose steep import tariffs (25%) on Canada and Mexico, coming within hours of enacting them before negotiations prevailed. In the unveiled plan, Canadian energy – including oil and gas – were granted an exception of a lesser 10% US import tariff, highlighting the high codependency between Canadian producers and US refiners.…
Unprecedented heatwaves shattered records, pushing peak electricity demand to new highs and straining the power grid. US-to-Mexico gas exports hit record levels in 2024, fueled by extreme weather-driven power demand and industrial growth supported by nearshoring. Key milestones solidified Mexico's role as an LNG supplier, including the commercial launch of NFE’s Fast LNG unit and a wave of new LNG…
A gas discovery of the scale of the Tuna-1 find in the Black Sea, if developed, would be transformational for Turkey, given its overwhelming reliance on imports and crippling energy import bill. Turkey is chiefly reliant on piped gas from Russia, Azerbaijan and Iran but the share of liquefied natural gas imports has also continued to grow.
On this week's The Edge, Simon Flowers examines how the Russia-Ukraine war is changing energy markets.
Shape your exploration strategy by benchmarking companies, countries, basins and plays.
Higher base chemicals demand and feedstock security for heavy naphtha are driving the development of a new wave of mega-integrated refinery and chemical sites in China. Private Chinese chemical producers, including Hengli and Rong Sheng, are back-integrating their chemical plants with refineries by building mega-integrated facilities. Wood Mackenzie expects these projects to come on stream in the next 12 to 24 months.
In its latest short-term gas and LNG outlook report, Wood Mackenzie weighs the risks coronavirus, sustained low oil prices and LNG oversupply pose to the sector this year.
Our latest long-term view reveals exciting market dynamics
ADNOC’s gas self-sufficiency strategy relies on the development of ultra sour, unconventional, and gas cap resources – but the cost and complexity are impeding progress
Join us on this upcoming webinar where our industry experts will discuss how and where the ripples will be felt as we edge nearer to the implementation date of 1st January 2020.
The oil price crash has hit the upstream sector hard. Deep cuts are being made across the board, but it will have a dramatic impact on the industry’s project pipeline. Global natural resources consultancy Wood Mackenzie believes almost all pre-FID projects will be deferred. Of the 50+ projects we identified with potential to go ahead this year, only 10 have a chance of proceeding, but all are at risk.
The grounding of the 400-metre, 224,000-tonne Ever Given cargo vessel in the Suez Canal last Tuesday inevitably sparked concern across the global economy and, while the vessel is now afloat and traffic has resumed, will have once again reminded Asian countries of the risks such trade arteries continue to present.
Europe's scramble to replace Russian gas has sent global prices through the roof. It's an opportunity for LNG suppliers but an extremely challenging market for utilities and traders.
2021 will be a defining year for the gas and LNG industry, says Wood Mackenzie in its latest outlook report.
The year ahead will shape the role of gas in the energy transition. Read our predictions for the top five global trends for gas and LNG, and how they could play out in Europe, North America and Southeast Asia.
When President Xi Jinping spoke of the risks of ‘tech wars’ at the World Economic Forum’s virtual Davos Agenda event on Monday, there was little doubt who he was aiming at. At a White House briefing later that day, press secretary Jen Psaki stated that “Technology is of course at the centre of US-China competition.”
Using our Lens platform, we've analysed the potential joint venture between Eni and bp in Angola
After a year of delay due to Covid-19, COP26 will define the next five years’ climate ambitions. In this week’s COP26 briefing, we explore the issues facing the energy transition and the challenges around carbon emissions
Producers need a long-term strategy that ensures enough outside capital to fight the headwinds of increasing environment, social, and governance imperatives.
The invasion of Ukraine has had an immediate effect on the global economy and markets. What are the lasting implications for commodities?
China is also committed to achieving net-zero emissions by 2060. Could Russia’s ambition to rotate the direction of its energy exports through 180 degrees flounder on China’s decarbonisation?
In 2021 our global analysts created an outstanding body of research, putting a unique angle on everything from Covid-19 and COP26 through the recovery of commodity markets and rising geopolitical risk.
A growing number of the world’s major banks, asset managers, and insurers are signatories to the GFANZ, aligning behind the goals of the Paris Agreement. To access capital, oil and gas companies must meet tightening climate criteria adopted by many of the world’s leading financial institutions.
LNG is plugging the Russian gas supply gap. Prices are volatile; buyers are rushing to secure long-term deals.
Where in Asia is demand at greatest risk, can suppliers still count on Asian LNG demand recovery, and what do Asian buyers really want from suppliers amidst the current crisis?
In the build up to COP27, countries around the world made pledges to reach net zero around the middle of the century. How are they all faring on those pledges and is the world is on track for a 1.5c pathway?
Henry Hub gas prices have fallen as concerns of oversupply rise – a multitude of supply responses may be necessary.
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