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The OPEC oil producers' group and its non-OPEC allies are poised to deepen its production cuts by 1.5 million barrels per day as the coronavirus (Covid-19) outbreak eats into global oil demand.
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?
Wood Mackenzie’s latest analysis reveals that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion barrels in 2020, equivalent to 83 days of oil demand.
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.
Looking at the May OSPs, it is clear that Saudi Arabia wants to ensure its crude remains very competitive in Asia.
A new report from Wood Mackenzie shows that olefins production losses in Asia have reached historical highs as a result of regional lockdowns in the wake of the coronavirus outbreak.
Helping investors evaluate opportunities in energy and natural resources during the Covid-19 crisis
According to the latest analysis by Wood Mackenzie, China’s oil demand will recover to 13 million barrels per day (b/d) in Q2 2020, a 16.3% jump compared to Q1 this year.
Downstream continues to demonstrate robust financial performance while upstream struggles.
Our experts weigh in on the changes that the IMO regulations could bring.
If oil markets remain oversupplied and prices modest, there’s much Upstream operators can learn from Downstream, which has emerged thriving from the doldrums of a decade ago.
For some industry players, owning refinery capacity is no longer the necessity it used to be, while for others it has become central to business success.
Scott Koronka, Director of Downstream Consulting, discusses the recent developments regarding refineries and M&A.
Konrad Jar discusses the developments he's seen in Asia-Pacific M&A markets.
Chris Shepley, Head of Downstream Consulting, discusses recent trends in refineries and M&A markets.
Anna Temple, Principal Consultant for Downstream Americas, discusses recent developments in North American M&A markets and refineries.
The market used to worry about peak oil supply. Now the focus has shifted. With the world now considering a structural decline in oil demand, which sectors will feel the greatest impact?
Refining has been hit hard by the economic fallout of the coronavirus pandemic. Profitability in 2020 will be the lowest this century. When will margins recover? And how will the industry respond to this challenge?
Inform strategic decisions regarding emissions risk management via competitive benchmarking, portfolio analysis and economic impact assessment.
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Get an independent view of potential brownfield asset opportunities in Nigeria’s upstream oil & gas sector
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Get the latest oil news and insight from our energy industry experts.
Understand what the increase in demand for European heavy oil storage means for your business and the wider market.
Identify and examine the most important factors affecting the outlook for bauxite supply and demand.
We're highlighting our most popular reports. Gain instant access to detailed data — by the numbers and with visualisation — to address business challenges and make better, more strategic decisions.
Oil and gas prices have fallen following the ceasefire in the Israel-Iran conflict. Market fundamentals are regaining their influence
The Carbon Capture, Utilization and Storage (CCUS) Conference is on October 8-9 2025 in Houston, TX where you will have the opportunity to hear insight on the global CCUS landscape and why the US stands out. Find out how evolving carbon markets and technology will drive CCUS beyond 2030.
Calmer waters are expected for the oils, refining and chemicals industries in 2024 – but that doesn’t mean it’s plain sailing. What are the top trends to track for the year ahead?
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