• News Release

  Southern cone gas and power market to invest US$46 billion in gas production and US$94 billion in new power supply through 2033

  • 30 noviembre 2023

  Driven by advances in batteries and lower costs, solar will outpace wind growth rates and become the leading technology for expansion over the next ten years in Argentina, Brazil, and Chile. The total solar market is set to add 48 gigawatts (GW) of utility and distributed projects, while wind will add 31 GW of onshore projects through 2033, with the total investment in new power supply leading to a cumulative capacity of 400 GW by 2033, based on a new analysis from Wood Mackenzie.

• Opinion

  Horizons Live: Mission invisible

  • 05 diciembre 2023

  On this Horizons Live replay, we look at the scale of the oil and gas industry’s methane challenge, how technological improvements can help and what companies and governments must do to resolve it.

• News Release

  Companies loosen purse strings to bid high for deepwater blocks in US Gulf of Mexico Lease Sale 261

  • 20 diciembre 2023

  The United States today concluded the 2017-2022 leasing plan with the US Gulf of Mexico region-wide lease sale 261. The sale attracted 352 bids from 26 participating companies, with high bids totaling US$382 million, an increase of 45% (US$118 million) compared to the last lease sale held in March.

• News Release

  Key things to watch in upstream in 2024

  • 11 enero 2024

  Geopolitical tensions, a record year for elections and economic uncertainty will define the backdrop to the upstream industry in 2024. Wood Mackenzie recently released its What to Look for in 2024 upstream series. Key themes to watch in global and corporate upstream include continued consolidation, increased activity from NOCs, reversing decarbonisation gains, shifts in strategic playbooks and an upstream investment plateau.

• Horizons

  Chance of a lifetime: can India show the developing world a unique path to net zero?

  • 18 enero 2024

  India’s global profile is soaring. It already boasts the world’s largest population and is forecast to be the fastest-growing major economy over the coming decades. By 2050, it will be the world’s third-largest economy, up from sixth today.

• News Release

  Chesapeake and Southwestern merger creates dominate player in the Haynesville

  • 12 enero 2024

  Addressing Chesapeake Energy and Southwestern Energy’s merger and formation of a new $24 billion natural gas company, Alex Beeker, research director, corporate research for Wood Mackenzie said, “The Haynesville has been in need of a clearer narrative to win investor support and with a new and dominant team planning the Haynesville and Bossier’s future, investors can look to a single E&P to better understand development cadence, inventory longevity, evolving cost of supply and step-out appraisal work.”

• News Release

  Saudi Aramco’s shift to abandon its 13 million b/d capacity target likely to be absorbed by the market

  • 01 febrero 2024

  Addressing the Saudi Ministry of Energy’s instructions to Saudi Aramco to abandon its 13 million barrels per day (b/d) target and maintain 12 million b/d, Ann Louise Hittle, vice president of Oil Markets for Wood Mackenzie, said “Based on our forecast for oil demand to peak in 2030, the shift to a 12 million b/d target from 13 million b/d should be absorbed in the market and not cause a tightening in the supply and demand balance this decade.”

• Webinar

  Webinar | Extracting value from CCUS: how does it work?

  • 26 febrero 2024

  Join Wood Mackenzie on February 26th, 2024, for an introduction to CCUS project valuations.

• Opinion

  Horizons Live: Over the rainbow

  • 12 marzo 2024

  On this Horizons Live, our panel dive into the hydrogen rainbow and explore carbon emissions insights focusing on colour to project-level carbon intensity for companies crafting strategies.

• Horizons

  Call of duties: how emission taxes on imports could transform the global LNG market

  • 21 marzo 2024

  In this March edition of Horizons, we assess the carbon intensity of LNG projects around the world and consider the implications of carbon tax scenarios across a range of importing countries.

• Webinar

  Webinar | Analyzing the key bankability indicators of ultra-high power modules

  • 30 agosto 2022

  Trina Solar and UL join Wood Mackenzie to discuss the decisive indicators for bankability and an in-depth look at Trina Vertex Module’s high bankability.

• Opinion

  How are oil and gas companies using carbon offsets to decarbonise?

  • 07 marzo 2022

  Offsetting can be both a decarbonisation tool and a financial instrument – but cannot replace carbon mitigation solutions.

• News Release

  Eni makes discovery of the year, named most-admired upstream explorer

  • 17 junio 2022

  Italian major Eni has, for the fourth time in seven years, been named the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s industry-leading annual Exploration Survey.

• Opinion

  Horizons Live: The Big Ban

  • 30 junio 2022

  Watch on demand as we answer your questions about the consequences of the Ukraine war on commodities, and how governments, companies and investors must respond as the outlook for energy is transformed.

• Webinar

  Webinar | The Upstream Dealmaking Playbook, Redefined by Southwestern Energy

  • 27 julio 2022

  While conducting due diligence, are you wasting time pulling down a VDR, organizing files, manipulating key datasets and assigning contracts for the highest allocated properties? Does it ever feel like you're just throwing money and people at the problem?

• Comment

  Woodside sanctions US$12 billion Scarborough and Pluto Train 2 project

  • 22 noviembre 2021

  Woodside has sanctioned the US$12 billion Scarborough and Pluto Train 2 project. This is a big step for Woodside, Western Australia and the local LNG industry.

• News Release

  Oil and gas companies must be bold as energy transition sets tone for 2022

  • 09 diciembre 2021

  It’s set to be an action-packed year for Majors, Independents and national oil companies alike. Big choices will set strategic trajectories for the energy transition ahead. New research from Wood Mackenzie, a Verisk business (Nasdaq:VRSK), indicates that oil and gas companies are likely to be bold in 2022. Formidable cash flow generation, increasing new energy opportunities and the development of a carbon market are a powerful force for change.

• News Release

  Is CCS the upstream sector’s silver bullet?

  • 11 agosto 2021

  We may only be halfway through 2021, but it is already shaping up to be a breakthrough year for carbon capture and sequestration (CCS) to emerge as a viable tool for upstream companies to decarbonise operations. Although the concept has been around for decades, CCS is moving into the mainstream. All the industry’s largest companies now plan to use sequestration to help them reach their decarbonisation targets.

• Comment

  Chesapeake ties up Vine in cash-and-stock deal

  • 11 agosto 2021

  Speaking after Chesapeake announced plans to buy Vine Energy in a cash-and-stock deal which values the Blackstone Group-controlled E&P at around US$2.2 billion, analysts from natural resources consultancy Wood Mackenzie said: “We were confident 2021 would be a big year for Haynesville consolidation."

• News Release

  Firth of Forth net-zero hub key to achieving climate goals

  • 17 agosto 2021

  The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie, a Verisk company (Nasdaq: VRSK) has found.

• Comment

  UK gas output slump helps fuel price rally

  • 08 septiembre 2021

  UK gas production is down 28% year-to-date, helping fuel the current European gas price rally, global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said.

• News Release

  CCS could have material impact on carbon emissions of LNG projects

  • 25 agosto 2021

  The use of carbon capture and storage (CCS) could have a material impact on LNG projects’ carbon emissions. Depending on the strategy adopted, more than 25% of overall carbon emissions could be removed, says Wood Mackenzie,

• Comment

  POSCO’s takeover bid for Senex could be Australia’s largest upstream takeover since 2018

  • 18 octubre 2021

  South Korean conglomerate POSCO has made a surprise move on Australian gas producer Senex Energy making its first foray into the country’s upstream industry.

• Webinar

  The Petroleum Industry Act: a gamechanger for Nigeria’s upstream?

  • 28 octubre 2021

  The PIA sets the fiscal terms for Nigeria's upstream sector through the energy transition years. After a tumultuous 18 months, legislators decided that more radical surgery was needed to save Nigeria from a bleak future of upstream decline. What they have delivered is both remarkable and necessary. Remarkable, because in no other jurisdiction has there been such a major transfer of value to current lease holders in onshore and shallow water. It's a different story in deepwater though, where most contractors are still to renegotiate their terms. Necessary, because Nigeria is awash with underinvested assets. Unless something is done quickly, greenhouse gas emissions and access to capital will become an even bigger risk than they are currently.

• Comment

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

  • 04 noviembre 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."

• Comment

  Wood Mackenzie weighs in on COP26 key takeaways

  • 15 noviembre 2021

  Following the conclusion of the COP26 on November 13, Wood Mackenzie experts weigh in on the key developments of the conference.

• News Release

  UK charts course for net zero North Sea

  • 06 mayo 2021

  The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry's capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050.

• News Release

  Energy transition represents a US$14 trillion uncertainty for upstream oil and gas

  • 20 mayo 2021

  The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie.

• News Release

  Action to achieve Paris climate goals will upend oil and gas prices

  • 15 abril 2021

  If the world acts decisively to limit global warming to 2°C by 2050, the scale of change will revolutionise the energy industry. Progressive electrification will squeeze the most polluting hydrocarbons out of the energy mix, nearly eliminating their markets. Oil demand will shrink, and with it, so will the power of major oil producers. Gas demand will remain resilient, but business models will need to evolve.

• Webinar

  Webinar | The 2021 Future of Exploration survey

  • 27 abril 2021

  This year sees the exploration sector in recovery mode as it begins to reposition for an energy transition world. We put our questions on the future of exploration to exploration leaders and professionals around the world. The sector had fought hard to win its way back to profitability before the crisis struck. Its disciplined approach of recent years looks set to remain even as prices recover. Exploration is increasingly playing a role in moves to a lower carbon future and geoscientists are at the forefront of some new energy businesses. We've analysed the data to discover the key challenges the industry is facing, which explorers stand out from the pack and the role of exploration in today’s energy company