The Euro Majors’ big bet on new energy

• 04 December 2020

The Euro Majors are building new energy businesses as a key part of net carbon-neutral targets for 2050. How and when will they be able to demonstrate value from renewables investments?

What's the future of exploration? We asked explorers

• 29 April 2019

The results from our annual Exploration Survey are in. The industry has had their say on all things exploration, from budgets and technology to portfolios and peers.

The Norwegian emissions dilemma

• 05 August 2024

What is the real impact of curtailing production from Norway on the broader European energy landscape?

The latest developments in global upstream

• 27 August 2025

From the Majors to OPEC+ … and the key topics in between.

How the big Gulf producers are investing in 2019

• 15 January 2019

What are the upstream investment strategies of big Gulf producers? And how much are they spending? Find out here. With analysis from Simon Flowers and Jessica Brewer.

Size matters: which International E&Ps are best positioned to ride out industry consolidation?

• 18 December 2023

We analyse 16 of the largest international operators to assess their resilience and sustainability

Malaysia offers significant gas opportunities

• 24 June 2019

According to research by natural resources consultancy Wood Mackenzie, Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia, primarily due to the need for additional gas supply.

Introducing Prospect Valuations

• 19 August 2025

Pinpoint opportunities with Wood Mackenzie’s Lens Subsurface tool.

Deepwater could match up against tight oil breakevens

• 18 April 2017

A further 20% of cost cuts could put deepwater head-to-head in project economics against tight oil.

Big Oil’s opportunity for M&A in the petrochemicals downturn

• 30 November 2023

Petrochemicals may be experiencing a severe cyclical downturn, triggered by excessive capacity build-out, but it’s one of the sector’s best long-term bets. Our experts discuss the timing of it's recovery and whether the downturn might spark change.

Oil and gas: a risky business

• 10 August 2021

Can we take a new, differentiated approach to evaluating oil and gas risk? Where do we place risk-adjusted discount rates, and how could a more nuanced view of oil and gas risks impact the Major’s portfolios? Read on for a preview of our insight ‘Oil and gas valuations – the risky outlook’.

ConocoPhillips swoops on Concho in $9.7bn all-stock deal

• 19 October 2020

Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scale, ConocoPhillips is adding enough Permian production to nip at the heels of ExxonMobil’s massive programme."

The challenges and opportunities in Europe’s oil & gas, CCUS and hydrogen sectors

• 10 November 2023

To accelerate Europe’s energy transition, investors need to leverage opportunities to diversify the region’s energy mix.

Energy transition glossary

• 21 August 2024

Our energy transition glossary helps you understand key terms and definitions.

Better times head for the UKCS, but investment still a concern

• 17 January 2017

Wood Mackenzie expects a modest recovery due to the improving oil price.

Taking the pulse of the global LNG industry

• 26 September 2024

The WoodMac team were out in force at last week’s Gastech 2024 in Houston, the gas and LNG industry’s leading conference. Here are our collective high-level takeaways.

LNG Short-term Analytics

Understand the near-term dynamics of the LNG market to make smarter strategic decisions.

Fiscal Service

Optimise the outcomes of fiscal discussions and ensure the most appropriate terms are achieved for new opportunities.

Nigeria’s marginal field bid round – opportunities for investors?

• 22 July 2020

Nigeria’s government, through the Department of Petroleum Resources (DPR), recently launched its first marginal field bid round in almost 20 years.

Energy transition to trigger steep decline in eastern Australia’s gas demand

• 08 March 2022

Eastern Australia’s gas and power markets are at the forefront of Asia Pacific’s energy transition. Markets are undergoing a radical transformation, one which could see gas demand decline by 60% in 2050, depending on the pace of the energy transition, Wood Mackenzie, a Verisk business (Nasdaq:VRSK), said today.

Australia and the Majors – is change on the horizon?

• 08 October 2019

The Majors are looking to boost returns by portfolio high-grading and have embarked upon a phase of divestment. Everywhere is under the spotlight, including Australia. Which assets might the Majors look to sell?

Energy transition outlook: Asia Pacific

• 17 February 2025

Low-carbon projects and policies progress, but face energy security and price stability concerns.

Biden administration and what it means for China and rest of Asia Pacific

• 20 January 2021

As Biden’s inauguration approaches, Wood Mackenzie experts share how his administration could impact trade, climate change goals, and changes to the energy sector in Asia Pacific.

Reducing the emissions from natural gas

• 13 May 2024

Demand for natural gas is growing. So is pressure to reduce its carbon intensity. The industry’s emissions will increasingly come under scrutiny, and measurement and reporting will need to improve.

Can upstream cost savings stick?

• 15 December 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.

Australia’s east coast gas prices to bottom out over next two years

• 20 November 2019

In the latest Australia east coast gas market research, Wood Mackenzie projects that the LNG netback price for Australia’s east coast could bottom out to A$6.50 – A$9 per gigajoule (GJ) over the next two years.

Debt deal aims to expedite US energy investment

• 05 June 2023

Bipartisan agreement sets time limits for environmental reviews, but is seen as only “initial steps” towards more efficient permitting.

New wave of growth on the horizon for Asia-Pacific's oil and gas sector

• 15 October 2018

Asia-Pacific's oil and gas sector looks set to rebound over the next 12 months as rising demand, stronger commodity prices and an uptick in M&A activity bring greater confidence to the region. Wood Mackenzie predicts rising Asian LNG demand, the return of China's NOCs to growth mode and new appetite for upstream investment to be key factors influencing the sector, not only Asia-Pacific, but also globally into 2019.

Asset Connect

Visualise the infrastructure and its interconnectivity across the North American crude oil supply chain.

Navigating the Oil Price Crash in Asia Pacific

• 18 March 2020

On 9th March, Brent fell 30% and has seen continued volatility in the following 24 hours, sending a shockwave through global energy markets. What does this mean for Asia Pacific?