What's on CEOs' minds

• 28 9月 2023

Climate policy, commodity prices and corporate strategies

Refining’s perfect storm passes

• 25 5月 2023

Sharply weaker margins reflect stronger supply

Carbon removal key to meeting Paris Agreement target

• 24 6月 2021

Achieving the 2°C goal of the Paris Agreement will require more than simply avoiding carbon. To cap global warming at 1.5°C or even 2°C, carbon removal will be essential. Research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq:VRSK), shows the key to effective large-scale carbon removal is unlocking potential economies of scale through basin-wide carbon capture and storage (CCS), effectively providing a community answer to a global problem.

Nigerian lawmakers pass petroleum bill – but there is still work to do

• 02 7月 2021

Speaking after the Petroleum Industry Bill (PIB) was passed by the Nigerian National Assembly on 1 July, Mansur Mohammed, head of West Africa content on Wood Mackenzie’s sub-Saharan Africa upstream research team, said: “The Senate and House each passed different versions of the bill, which will now require reconciliation before it is sent to the president for assent into law. So there is still outstanding work to do before the PIB becomes law, but we see momentum behind the bill.”

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

• 20 1月 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.

Energy transition to drive refinery and petrochemicals integration

• 16 2月 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.

Energy transition glossary

• 21 8月 2024

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

OPEC+ agrees to increase output after tense negotiations

• 07 12月 2020

Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply for Q1 2021, the group agreed to increase output by 500,000 b/d in January. Production restraint is set at minus 7.2 million b/d instead of the Q4 2020 level of minus 7.7 million b/d.

India to overtake China as world’s largest LPG residential market by 2030

• 06 10月 2020

India is expected to overtake China as the world’s largest liquefied petroleum gas (LPG) residential sector market by 2030.

How will refiners cope with lost oil demand?

• 24 6月 2020

Demand pressures, overcapacity and budget cuts mean the refining industry should brace for a challenging few years ahead

North America could play bigger role in future global bunker market

• 20 3月 2017

Alan Gelder, Vice President of Refining, Chemicals & Oil Markets, believes that North America has the opportunity to take a much bigger role in the future global bunker market.

OPEC producers key to world supply through to 2040

• 16 7月 2018

Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.

India to overtake China as world's largest oil demand growth centre by 2024

• 03 9月 2018

India's oil demand is expected to grow by 3.5 million barrels per day (b/d) from 2017 to 2035, accounting for one-third of global oil demand growth. India's demand is driven by rising income levels, an expanding middle class and a growing need for mobility.

India to double oil products growth in 2018

• 19 1月 2018

India is poised to double its oil product demand growth (190 kb/d) in 2018 after a sluggish 2017, when demand grew by only 93 kb/d. Last year, demand growth was at its slowest in the past three years.

PetroPlan

Strategic refinery simulation model for refinery operation planning and optimisation.

Refinery Evaluation Model

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

Product Markets Service

Examine oil product imbalances and explore growth opportunities using our comprehensive global analysis of oil product supply, demand and price.

Oil Supply Tool

Understand the prospects for future oil and NGL supply, and make astute planning, trading and investment decisions.

Global refinery closure outlook to 2035

• 31 3月 2025

Which refineries are at risk of closure by 2035? Explore the key threats to global refining, from carbon costs to market shifts.

President Trump's inflation fight could put pressure on oil

• 17 3月 2025

President Trump's push to reduce energy prices faces challenges, with fluctuating oil prices and production hurdles, but his administration’s plan aims to reshape the future of US energy.

Analysing the petroleum asphalt binder supply chain under energy transition scenarios

• 20 1月 2025

The Asphalt Institute Foundation commissioned Wood Mackenzie to analyse potential changes to asphalt binder supply chain in a world undergoing energy transition.

Refineries & Refined Products

Access unrivaled analytics and tools to evaluate, benchmark, and optimise refining and petrochemical plants, and gain valuable insights into the refined products market.

The impact of Republican control on US energy policy and the IRA

• 19 11月 2024

We expect renewables to remain competitive, and while protectionism will rise, a full repeal of Inflation Reduction Act (IRA) is unlikely

Big in Japan? The impact of Typhoon Shanshan on oil

• 01 11月 2024

The threat from tropical cyclones makes real-time intelligence essential to anticipating Japanese oil markets.

Refinery-chemicals integration: how to benchmark success

• 17 9月 2020

The growing trend of integrated refinery-chemical facilities is intensifying. Standalone oil refineries, focused only on fuel, are looking increasingly outdated as the energy transition takes hold.

How much value does refinery-chemicals integration add for Total and Shell?

• 13 10月 2020

Integration has become a strategic imperative, but measuring value is notoriously difficult. Our experts crunched the numbers for Total’s integrated portfolio and looked at how that compared to Shell.

In conversation with Asia Pacific’s CEOs

• 04 11月 2020

We hosted the CEOs of PETRONAS, Santos and Medco, the chairman of Indian Oil Corporation, and many other senior executives from a range of leading oil and gas companies, utilities and banks over two days at our APAC Energy & Commodities Summit last month.

A Biden administration: implications for the energy industry

• 09 11月 2020

The energy sector faces a very different future under President-elect Biden. What are the implications for the oil market? How will key US geopolitical relationships change? And can a Biden administration push through its climate change goals?

Biden, China and politics of energy

• 11 11月 2020

As the new administration looks to take the US back into the Paris climate agreement, will the US and China work together on tackling global warming?

European refining at the Rubicon again – which assets will make it over?

• 04 12月 2020

European refining at the Rubicon again – which assets will make it over? Wood Mackenzie’s updated closure threat analyses 83 refineries in Europe and quantifies the risk of closure of each asset.