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Guyana among just a handful of countries from where bulk of...

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While there’s no arguing that the energy transition is upon us, one thing is for sure: oil and gas will play a significant role...

Will oil companies start spending again? Cash generation could hit record...

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By Simon Flowers - Chairman, Chief Analyst and author of The Edge at Wood Mackenzie This could be the year oil and gas roars back. Tom...

Energy transition to drive refinery, petrochemicals integration – WoodMac

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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....

VIEWPOINT: Myanmar coup and impact on oil and gas industry

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Following the military coup in Myanmar on Monday, February 1st, Wood Mackenzie and Verisk Maplecroft experts weigh in on what this means for the oil and...

Despite advantaged position, Guyana must focus on compliance with rules, contracts...

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Even though Guyana enjoys an advantaged position as a world-class exploration hotspot with its light, sweet crude, and low breakeven costs for deepwater projects,...

Governments in developing countries not ready to ‘kill off’ upstream investment...

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Governments have a lot to think about in 2021 says UK-based global consultancy group, Wood Mackenzie. Tougher fiscal terms could put countries at the...

High impact drilling for Guyana this year, Wood Mackenzie says

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With limited budgets and rich inventories after a few years of active acreage loading, explorers will drill only the prospects that really matter this...

Pandemic brings new oil reality; some governments will offer better terms...

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Governments, particularly those in economies dependent on the oil industry are looking to do their part by ensuring exploration and production activities remain economically...

Upstream gas investments could be slashed by 65%

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A world on a 2-degree pathway could significantly reduce upstream gas investments by 65% through to 2040, says Wood Mackenzie. The company’s base case...

Biden Presidency will set US on course to achieve climate change...

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Following his defeat of incumbent Donald Trump in the 2020 United States presidential election, many industry analysts have begun examining the consequences of a...