Taking the strain: how upstream could meet the demands of a delayed energy transition

• 16 January 2025

We answer five key questions in this edition of Horizons. Where would the additional oil and gas supply come from? Could the supply chain cope? How much more upstream investment would be needed? How would cost inflation affect the price of oil and gas? And can the industry amend its disciplined approach?​

Playing by new rules: how the CBAM will change the world

• 21 September 2023

The CBAM will reshuffle global trade – who will be the winners and losers?

Jebel Ali gas find ‘largest since 2005’

• 03 February 2020

The announcement of an 80 trillion cubic feet (tcf) find at Jebel Ali, on the border between Abu Dhabi and Dubai, is hugely significant for the United Arab Emirates. Liam Yates, an analyst on Wood Mackenzie’s Middle East upstream team, said: “The find ranks as the largest global gas discovery since Galkynysh (South Iolotan). The Turkmen field was discovered in 2005."

President Trump's executive orders on energy

• 23 January 2025

Trump’s first-day energy policies signal a return to fossil fuel dominance, with executive orders on the Paris Agreement exit, boosting US oil and gas production and halting wind power growth. Discover how these moves reshape energy policy and industry.

2021 – cheerful or fearful?

• 13 January 2021

And after the 12 months we’ve all just experienced, making bold predictions for the year ahead is more fraught than ever: nothing is off the table.

A call to action to the global energy industry

• 02 August 2019

Wood Mackenzie President Neal Anderson introduces our 2019 Energy Transition Outlook and examines why the energy mix is not changing nearly as quickly as the world needs it to.

Oil supply cuts explained: an interview with the US energy secretary

• 14 April 2020

After the historic OPEC+ agreement to cut production, Dan Brouillette explained the US role in the talks and its view of the oil market.

The agility of US tight oil

• 18 July 2016

Which US Lower 48 operators have the largest, low-cost tight oil inventory?

OPEC+ shrugs off US pressure to announce 400,000 b/d output boost

• 04 November 2021

Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “After unusual pressure from the US administration to lift its production, OPEC+ announced it is boosting output by 400,000 barrels per day (b/d) for December, in line with its 18 July 2021 agreement. This will be seen as disappointing by the US, which is asking for an extra increase closer to 600,000 b/d. But as long as OPEC+ actually boosts its output by 400,000 b/d, the US has indicated it will accept the outcome."

Is the price rally in energy and metals sustainable?

• 14 May 2021

Green shoots of economic recovery are bursting through. Energy, metals and mining commodity markets have sensed it for months – witness the soaring prices of oil, LNG, iron ore, copper and many other metals. Is this a post-pandemic economic bounce or the start of a new supercycle?

LNG trucking takes off in China

• 04 October 2017

We explore the new business models supporting growth

There’s still life in China’s shale gas

• 28 April 2021

Looking back over a decade as the US shale gas boom began to dramatically transform the country’s energy balance, driving down gas prices and ultimately creating one of the world’s largest LNG exporters, many speculated whether China could replicate this success.

Could alternative marine fuels decarbonise shipping?

• 26 February 2021

Tough IMO emissions targets could steer shipping towards biofuels and e-fuels – but there are issues to navigate.

Frontier opportunities open up in Latin America

• 18 May 2017

Uruguay and Argentina may join Brazil in offering frontier exploration acreage along the Atlantic Margin.

Upstream oil & gas: region-by-region predictions for 2025

• 08 January 2025

Improving upstream sentiment comes at a time of high geopolitical tensions, and both supply and demand concerns. Near-term price weakness may belie longer-term market strength, setting 2025 up to be a year of mixed messages.

Striking the right balance: unlocking offshore industry potential

• 07 November 2019

Learn how the government of Ireland encouraged oil and gas exploration through an improved fiscal regime

Middle East oil & gas operators in a better position to weather the storm than global peers

• 17 April 2020

Oil revenues have collapsed and country finances are looking bleak. How will the Middle East fare through the crisis?

Who will lead in low-carbon hydrogen supply?

• 07 December 2023

Low-carbon hydrogen will play a critical role in decarbonisation, contributing at least 4% of global energy demand by 2050. Who are best placed to become market leaders?

The LNG wars — Will short run marginal costs be the deciding factor?

• 16 May 2017

Amidst a growing market glut, attention has turned to the short-term costs to keep existing projects running at all.

Kazakhstan gas stretched by commitments to China

• 30 September 2019

Kazakhstan's gas sector is coming of age. But can it deliver on its export commitments to China?

Natural Gas

• 16 November 2020

Stay ahead of natural gas markets with our industry leading analysis based on the highest quality public and proprietary data sources.

Unconventional Play Service

Compare unconventional plays against key producing plays in the US and beyond, and explore their potential using metrics such as costs, economics and risk.

How to value upstream oil and gas assets

• 27 September 2019

Oil and gas asset valuations can vary widely, but the process of assessing value is fundamentally the same. Discover the three-step upstream asset valuation process.

Quantifying the steam cracker closure threat

• 29 August 2025

Europe and Asia hit hardest in the global ethylene downcycle

India in crisis

• 06 May 2021

Given the scale of the crisis facing India and the potential for a further nationwide lockdown, I turned to our experts to hear how they are assessing the impact across the economy and energy sectors.

Webinar | North American LNG winter outlook 2020

• 24 September 2020

We'll explore the state of the North American LNG market and our short-and longer-term expectations as the winter approaches.

Gas on the move: Malaysia’s energy crossroads

• 04 September 2025

Gas is the anchor of Malaysia’s energy transition and rising demand.

Total brings Culzean on stream, ahead of time and under budget

• 11 June 2019

French major Total today brought the high-pressure/high-temperature (HP/HT) Culzean field, in the UK central North Sea, on stream, ahead of schedule and under budget.

Global Gas Model

The Global Gas Model runs global gas market simulations under various supply, demand, piped, storage, contract sales and producer behaviour assumptions.

Asia’s NOCs can now move through the decarbonisation gears

• 30 March 2022

As the pressure to cut emissions intensifies, no company can remain above the fray. But while the Majors and other international oil companies face increasing calls to decarbonise, many of the world’s largest national oil companies (NOCs) have so far avoided the same level of scrutiny.