• 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

• News Release

  Australia should revise RET policy; more ambitious target needed to unlock investments

  • 04 febrero 2021

  Australia needs an ambitious long-term Renewable Energy Target (RET) policy to unlock future investments, says Wood Mackenzie.

• 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.

• Comment

  Qatar Petroleum takes FID on North Field East

  • 09 febrero 2021

  Qatar Petroleum announced that it has taken final investment decision (FID) on the North Field East project.

• Comment

  OPEC+ surprises market as it extends output curbs

  • 04 marzo 2021

  OPEC+ took the market by surprise when it decided to roll over its quota, saying that rather than anticipate a demand recovery, the group would wait to see it actually recover. The market was expecting a substantial increase in production because a tightening in the supply and demand balance is already evident.

• Comment

  UK North Sea M&A gains pace with NEO, Waldorf deals

  • 10 marzo 2021

  The latest acquisitions by NEO Energy and Waldorf Production continue what has been blockbuster start to the year for UK M&A with buyers and sellers buoyed by the recent recovery in prices. Just over two months into 2021 and UK disclosed deal spend has reached US$2.7 billion, almost equalling last year’s total, making it one of the hottest markets globally.

• Comment

  Santos announces Barossa project FID

  • 30 marzo 2021

  Santos has sanctioned the Barossa project, which extends the life of Darwin LNG (DLNG) beyond 2040.

• 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.

• Horizons

  Waste to wealth: unlocking circular value chains​

  • 15 julio 2024

  The circular economy is a critical strategy for delivering a lower-emission, more sustainable economy. This Horizons highlights the paradigmatic shift that is required to make progress, and highlights three case studies that serve as examples of how we can initiate change.​

• Horizons

  Carbon removals: the 'net' in net zero

  • 19 septiembre 2024

  The world is not decarbonising quickly enough to reach net zero.

• Horizons

  Taking the strain: how upstream could meet the demands of a delayed energy transition

  • 16 enero 2025

  We answer five key questions in this edition of Horizons. Where would the additional oil and gas supply come from? Could the supply chain cope? How much more upstream investment would be needed? How would cost inflation affect the price of oil and gas? And can the industry amend its disciplined approach?​

• Opinion

  Horizons Live: No country for old fields

  • 09 diciembre 2024

  Following the aligned Horizons report, this session replay examines the potential for high-impact exploration to lower the cost of oil and gas to consumers, cut carbon intensity, and add value for both resource holders and explorers.

• News Release

  Over three quarters of new LNG supply could be impacted in 2-degree world

  • 09 diciembre 2020

  Wood Mackenzie’s latest report shows that over three quarters or 77% of new LNG supply are at risk under a 2-degree scenario.

• 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

  Decarbonisation key to future of Asia Pacific’s upstream industry

  • 15 diciembre 2020

  Wood Mackenzie’s Asia Pacific upstream 2021 outlook report shows that the development of regional decarbonisation roadmaps is crucial to the future of the upstream industry.

• News Release

  Consolidation to become major theme in E&P’s transition

  • 17 noviembre 2020

  Consolidation among the Independents will accelerate in the face of energy transition, says Wood Mackenzie.

• News Release

  India to overtake China as world’s largest LPG residential market by 2030

  • 06 octubre 2020

  India is expected to overtake China as the world’s largest liquefied petroleum gas (LPG) residential sector market by 2030.

• 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.

• News Release

  ConocoPhillips swoops on Concho in $9.7bn all-stock deal

  • 19 octubre 2020

  Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scale, ConocoPhillips is adding enough Permian production to nip at the heels of ExxonMobil’s massive programme."

• News Release

  Global regas capacity under construction hits 10-year high at 144 mmtpa

  • 02 septiembre 2020

  Global regasification (regas) capacity under construction is expected to hit a 10-year high at 144 million tonnes per annum (mmtpa) in 2020, says Wood Mackenzie.

• News Release

  Up to 7 mmtpa of spare capacity available at North West Shelf by 2027

  • 07 septiembre 2020

  Wood Mackenzie’s latest report shows that the North West Shelf (NWS) LNG project could have up to 7 million tonnes per annum (mmpta) of spare capacity available by 2027. This equates to 40% of the project’s nominal capacity.

• News Release

  China’s gas power plants bleed under pressure from lower tariffs and trade war

  • 15 septiembre 2020

  China’s gas power plants are struggling to stay afloat as they face mounting pressure from lower tariffs and the ongoing trade war, says Wood Mackenzie.

• News Release

  Renewable energy could reduce Asia Pacific LNG plant emissions by 8%

  • 17 agosto 2020

  Using renewable energy to power liquefied natural gas (LNG) plants in Asia Pacific could reduce emissions by about 8%, says Wood Mackenzie.

• News Release

  Total named industry’s most-admired explorer in WoodMac survey

  • 06 julio 2020

  French major Total has been named the upstream industry’s most-admired explorer, an accolade awarded in conjunction with Wood Mackenzie’s industry-leading annual Exploration Survey.

• Comment

  'Perfect storm' scuttles Atlantic Coast Pipeline

  • 06 julio 2020

  With the cancellation of the Atlantic Coast Pipeline (ACP) on 5 July, the project becomes the northeast US’ infrastructure market’s third high-profile victim in the last six months. Dominion and Duke Energy’s decision to pull the plug on ACP comes after the cancellation of the Constitution Pipeline in February and state water permit denial effectively scuppering the Northeast Supply Enhancement project in May.

• Opinion

  How will refiners cope with lost oil demand?

  • 24 junio 2020

  Demand pressures, overcapacity and budget cuts mean the refining industry should brace for a challenging few years ahead

• News Release

  Chesapeake Energy – shale’s great disruptor – files for Chapter 11

  • 28 junio 2020

  Speaking after Chesapeake Energy filed for Chapter 11 bankruptcy protection on 28 June, Alex Beeker, principal analyst on Wood Mackenzie’s corporate upstream team, said: “It’s difficult to point to another company that has made more of a widespread impact on the US shale sector than Chesapeake.

• News Release

  Indonesia’s LNG demand continue to rise despite economic downturn

  • 30 junio 2020

  Indonesia’s LNG demand is expected to be resilient against the coronavirus-led global economic downturn, says Wood Mackenzie. The country’s H2 2020 LNG demand could hit 3.1 million tonnes (Mt), a 1.2 Mt or 63% increase year-on-year.