• News Release

  Wood Mackenzie appoints new Chief Financial Officer

  • 27 marzo 2023

  Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Simon Crowe to its global executive leadership team as Chief Financial Officer (CFO), effective 27th March.

• Horizons

  Fuelling change: how oil and mining companies can finance the energy transition

  • 20 abril 2023

  How oil and mining companies can finance the energy transition

• News Release

  Oil and mining companies must adapt new strategies to deliver low-carbon transition

  • 20 abril 2023

  As companies in the energy and natural resource sector struggle to find the balance between satisfying shareholder returns and meeting stakeholder low-carbon demands, new strategies are emerging that could be the catalyst to drive capital allocation decisions toward growth and closing valuation gaps, according to “Fuelling Change” a new Horizons report from Wood Mackenzie.

• News Release

  Sakarya Phase One kick-starts Turkey’s upstream sector transformation, making nation less reliant on gas imports

  • 20 abril 2023

  Addressing Turkish Petroleum Corporation’s (TPAO) launch of Sakarya Phase One, Ashley Sherman, Research Director, Caspian & Europe Upstream Oil and Gas for Wood Mackenzie said “Sakarya Phase One redefines the scale of Turkey’s upstream sector, bringing its first deepwater output and a fundamental shift in domestic energy security. To date, Turkey has relied almost entirely on gas imports to meet its demand. Sakarya Phase One will put a sizeable dent into the country’s energy import bill, which reached an eye-watering US$97 billion in 2022. But Phase Two would be the real gamechanger, enabling Sakarya to cover almost 30% of Turkey’s gas consumption by 2030.”

• Horizons

  The nuclear option: making new nuclear power viable in the energy transition

  • 18 mayo 2023

  The future will run on electricity, yet the world is struggling to decarbonise its power supply and meet demand. The 2022 energy crisis has put energy security and reliability front of mind for governments and underscored the need to press ahead with the development of alternative energy sources.

• News Release

  Kan discovery in Mexico’s shallow water one of the largest since 2020

  • 02 mayo 2023

  Addressing Wintershall Dea’s Kan-1 discovery, Adrian Lara, Principal Research Analyst Latin America Upstream Oil and Gas, said “With Wintershall Dea’s first operated exploration well drilled in Mexico, the announced expected resource of 200 to 300 million barrels of equivalent of oil and gas in place outperforms the original prospective resource estimated at 196 mmboe. The discovery is one of the largest in Mexico’s shallow-water since Zama, made by Talos in 2017 and Saasken made by Eni in 2020.”

• News Release

  TotalEnergies named most-admired upstream explorer in Wood Mackenzie’s 15th annual Exploration Survey

  • 27 junio 2023

  French major TotalEnergies has been named the upstream industry’s most-admired explorer and received the Discovery of the Year award in Wood Mackenzie’s industry-leading annual Exploration Survey.

• Opinion

  Horizons Live: Stick or twist

  • 27 junio 2023

  Watch the Horizons Live replay as our panelists Gavin Thompson, Giles Farrer, Murray Douglas, and Mariana Santos Moreira delve into this topic.

• News Release

  Floating rig utilization rebounds to pre-COVID levels

  • 12 junio 2023

  Rig utilization has returned to pre-COVID levels, driving rates up 40 percent in the past year as demand is forecast to increase another 20 percent from 2024-2025, according to a recent report from Wood Mackenzie.

• News Release

  North American renewable natural gas market could expand tenfold by 2050 to reach 4 bcfd

  • 17 julio 2023

  Driven by new government incentives for the transportation sector, renewable natural gas (RNG), or biomethane, saw tremendous growth in 2022, with 60 million cubic feet per day (mmcfd) of new production capacity added, according to a new report from Wood Mackenzie.

• News Release

  US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s

  • 20 julio 2023

  Despite concerns about underinvestment in upstream, peak oil and gas demand can be met in the 2030s without a substantial increase to current annual asset development investment levels of US$500 billion in 2023 terms, according to a new Horizons report from Wood Mackenzie.

• News Release

  FLNG sector thriving amid projects boom

  • 31 agosto 2023

  The right economic and geo-political conditions mean that the outlook for the global floating liquified natural gas (FLNG) project sector is bullish according to a new report by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

• News Release

  Australia sees record volume of upstream M&A deals, despite regulatory turmoil

  • 16 noviembre 2023

  Australia sees record volume of upstream M&A deals, despite regulatory turmoil

• News Release

  President Elect Milei set to shake up Argentina’s oil industry

  • 28 noviembre 2023

  Addressing the election of Javier Milei as President of Argentina, Adrian Lara, principal analyst, said “Elected President Javier Milei and his advisors are signalling the importance the oil and gas sector has in their plans for the overall Argentinian economy, however, their success in deregulating the sector and attracting more investment is still predicated on an effective and timely correction of the macroeconomic imbalances of the country.”

• 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.”

• 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.

• 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.

• Content

  Avoiding pand-ammonia: how to kick-start a global low-carbon ammonia industry

  • 17 noviembre 2022

  Ammonia shapes modern life in every way imaginable. As the basis for all nitrogen fertilisers, industrial ammonia has truly changed the world.

• 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

  After hitting new highs in 2023, US lower 48 oil production growth will begin to slow considerably in 2024 and beyond

  • 22 febrero 2024

  US Lower 48 oil production growth exceeded expectations in 2023, adding 900,000 barrels per day (b/d) despite inflationary pressures, private consolidation, and declining rig activity. However, the repercussions of these decisions will impact supply moving forward as the region is poised for much lower growth in 2024 and beyond, according to Wood Mackenzie.

• Opinion

  What does the EU’s new decarbonisation roadmap mean for its carbon economy?

  • 21 febrero 2024

  Key takeaways from the 2040 Climate Target, Net Zero Industry Act and Industrial Carbon Management Strategy

• Opinion

  2024’s carbon policy so far: four key takeaways

  • 22 febrero 2024

  Read on for our pick of this year’s big carbon policy developments so far

• News Release

  Diamondback Energy and Endeavor Energy merger creates the largest pure play company in the Permian, according to Wood Mackenzie

  • 14 febrero 2024

  Addressing Diamondback Energy, Inc. and Endeavor Energy Resources L.P.’s US$26 billion merger transaction, Alex Beeker, research director, corporate research for Wood Mackenzie said, “This deal creates the largest Permian pure play company, and it will trail just ExxonMobil and Chevron in terms of total Permian production.”

• Opinion

  US oil deals aim to get the industry fit for the long haul

  • 16 febrero 2024

  The US$26 billion Diamondback/Endeavor deal is the latest in a wave of consolidation of US oil, targeting lower costs and lower emissions.