• News Release

  Major energy exporters race to lead in global hydrogen trade

  • 28 octubre 2021

  The time is ripe for the world's major energy exporters to accelerate the energy transition, and mastering the hydrogen trade could make a difference, says Wood Mackenzie.

• 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."

• News Release

  Tapping working gas volume could cushion blow of Europe’s energy crunch

  • 04 noviembre 2021

  European gas storage has been struggling to fill this summer. Storage at the beginning of November will be about 75% full, at 83 billion cubic metres (bcm), 14 bcm below the five-year average, rattling the market. A cold European winter could result in storage levels falling to zero by the end of March 2022, unless more Russian gas supply is available versus current export levels. But there could be an alternative available to the market should this come to pass – tapping the substantial amount of cushion gas available in Europe’s storage facilities. Global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), said using cushion gas could allow an extra 15 bcm enter the market, easing the supply crunch.

• 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.

• News Release

  Carbon removal key to meeting Paris Agreement target

  • 24 junio 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.

• News Release

  Royalties reform could dampen investors’ appetite for Chile’s copper sector

  • 29 junio 2021

  Proposed changes to Chile’s mining royalty regime will not have a drastic impact on the country’s production landscape in the near-term. However, analysis from global natural resources consultancy Wood Mackenzie, a Verisk company (Nasdaq:VRSK), indicates there is clear risk the amendments could compromise continued appetite to make large-scale, long-term investments in Chile’s copper sector.

• News Release

  Asia Pacific solar PV capacity to triple to 1,500 GW by 2030

  • 13 julio 2021

  Asia Pacific solar photovoltaic (PV) capacity could triple to 1,500 gigawatts (GW) by 2030, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

• News Release

  Future of gas in energy transition to be defined in 2021

  • 14 enero 2021

  2021 will be a defining year for the gas and LNG industry, says Wood Mackenzie in its latest outlook report.

• Comment

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

  • 20 enero 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.

• News Release

  Climate commitments to top energy and mining agendas in 2021

  • 27 enero 2021

  What are the biggest emissions trends to watch this year? James Whiteside, Wood Mackenzie Global Head of Multi-Commodity Research, and Amy Bowe, Wood Mackenzie Head of Carbon Research, see five key themes

• Comment

  Myanmar coup and impact on oil and gas industry

  • 04 febrero 2021

  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 gas industry.

• News Release

  Carbon pricing plans ‘could transform upstream oil and gas economics’

  • 31 marzo 2021

  At present, few countries require producers to either pay a carbon tax or participate in an emissions trading scheme (ETS). But as governments seek to meet decarbonisation targets, that could soon change. Carbon charges are likely to come, and they will transform the upstream sector, affecting both asset values and the industry’s economics.

• Opinion

  Horizons Live: Carbon removals

  • 01 octubre 2024

  In the recent Horizons Live session, our panel discussed carbon removals and how they will play a crucial role in achieving net zero.

• Comment

  OPEC+ agrees to increase output after tense negotiations

  • 07 diciembre 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.

• News Release

  Over US$11 billion of Australian gas projects to be sanctioned in 2021

  • 10 diciembre 2020

  Wood Mackenzie’s Australasian upstream 2021 outlook report shows at least US$11 billion of gas projects poised for FID in 2021.

• News Release

  China’s carbon neutrality bill could hit over US$5 trillion

  • 08 octubre 2020

  Wood Mackenzie’s latest analysis shows over US$5 trillion of investments would be needed for China to reach its pathway for carbon-neutrality by 2060.

• Comment

  Shell's US$22bn write down 'signals fundamental change'

  • 30 junio 2020

  Royal Dutch Shell said on 20 June it would write off assets worth up to $22 billion on the back of weakening oil and gas demand due to the coronavirus pandemic and a weaker energy price outlook.

• News Release

  US gasoline demand poised to decline by over 1.7 million b/d by 2030

  • 20 marzo 2017

  Gas demand may be nearing a new peak due to stringent fuel efficiency standards and shifting demographics.

• Comment

  Market implications of Chinese tariffs on US LNG

  • 03 agosto 2018

  Today China announced retaliatory tariffs on $60 billion worth of American imports, in response to the Trump administration's latest trade threats. The list included a 25% tariff on LNG.

• News Release

  Rise in new players in Southeast Asia's upstream sector

  • 28 junio 2018

  Since the fall in oil prices in 2014, oil majors and international oil companies (IOCs) have accelerated a shift towards resource themes and regions offering higher returns, lower complexity and shorter timeframes, away from the more challenging regions such as Southeast Asia. To date, close to 800 million barrels of oil equivalent (boe) of the region's resources have left the hands of majors and IOCs.

• News Release

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

  • 03 septiembre 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.

• Comment

  New wave of growth on the horizon for Asia-Pacific's oil and gas sector

  • 15 octubre 2018

  Asia-Pacific's oil and gas sector looks set to rebound over the next 12 months as rising demand, stronger commodity prices and an uptick in M&A activity bring greater confidence to the region. Wood Mackenzie predicts rising Asian LNG demand, the return of China's NOCs to growth mode and new appetite for upstream investment to be key factors influencing the sector, not only Asia-Pacific, but also globally into 2019.

• News Release

  Is the end of the global energy transition closer than we think?

  • 17 octubre 2018

  Is the Global Energy Transition on track? A new report by Wood Mackenzie, Thinking global energy transitions: the what, if, how and when, explores the forces shaping the energy transition, and pinpoints the sustainability tipping point – when the world shifts from the age of oil and gas to the age of power and renewables – will arrive by 2035.

• News Release

  Asia-Pacific solar demand to decline first time this year

  • 24 octubre 2018

  After a decade of stellar growth, Wood Mackenzie forecasts that solar demand in the Asia-Pacific will decline for the first time this year. Compared to 2017, the region's solar demand will dip 18% to 59 GW in 2018 due to declining installations in China, India and Japan.

• Comment

  What next for the oil market as the US reimposes sanctions on Iran?

  • 06 noviembre 2018

  What next for the oil market as the US reimposes sanctions on Iran?

• Comment

  Qatar quits OPEC

  • 03 diciembre 2018

  On 3 December 2018, Qatar announced it will withdraw from OPEC on 1 January 2019, putting an end to its 57-year membership of the producers’ cartel. Qatar, which said it intends to focus on its gas production, made the announcement ahead of the 6 December OPEC meeting.

• News Release

  OPEC stays the course with production deal

  • 01 diciembre 2017

  OPEC and non-OPEC producers agree to extend production curbs through 2018