Energy Pulse: in brief (21st July)

• 21 7月 2023

Read our take on an apparent breakthrough for enhanced geothermal energy, India’s LNG agreements, Indonesia’s oil and gas production, and more on ExxonMobil’s acquisition of Denbury.

US LNG maintenance forecast | On-demand webinar

• 01 6月 2023

What’s the impact of maintenance downtime at major LNG facilities in North America, including Cameron, Corpus Christi, Cove Point, Freeport and Sabine Pass?

Five global transition challenges – the Asian perspective

• 22 6月 2023

LNG demand, sustaining upstream, new sources of finance, metals investment and supply chain independence.

Energy super basins: where the renewable, CCS and upstream stars align

• 21 7月 2022

The world’s need for sustainable energy is set to change the geography of the oil and gas industry, increasingly entwining it with renewables. The upstream industry of the 2030s and beyond, therefore, must focus on where its synergies with new energies are strongest.

UK gas output slump helps fuel price rally

• 08 9月 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.

CCS could have material impact on carbon emissions of LNG projects

• 25 8月 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,

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

• 20 5月 2021

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

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

• 15 4月 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.

Long-term LNG set to remain a buyers’ market

• 15 6月 2021

The liquefied natural gas (LNG) long term contract market and LNG spot market are travelling in opposite directions. The long-term buyers’ market is only likely to end when it becomes clear that demand will outstrip new supply available from Qatar and Russia, global energy consultancy Wood Mackenzie said.

Carbon removal key to meeting Paris Agreement target

• 24 6月 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.

Nigerian lawmakers pass petroleum bill – but there is still work to do

• 02 7月 2021

Speaking after the Petroleum Industry Bill (PIB) was passed by the Nigerian National Assembly on 1 July, Mansur Mohammed, head of West Africa content on Wood Mackenzie’s sub-Saharan Africa upstream research team, said: “The Senate and House each passed different versions of the bill, which will now require reconciliation before it is sent to the president for assent into law. So there is still outstanding work to do before the PIB becomes law, but we see momentum behind the bill.”

China’s trucked LNG spot prices hit three-year high

• 12 1月 2021

Spot prices of trucked LNG in China were highly volatile last month.

Future of gas in energy transition to be defined in 2021

• 14 1月 2021

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

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

• 20 1月 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.

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

• 04 2月 2021

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

Myanmar coup and impact on oil and gas industry

• 04 2月 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.

Qatar Petroleum takes FID on North Field East

• 09 2月 2021

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

Santos announces Barossa project FID

• 30 3月 2021

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

Webinar | Scope for improvement: Why oil & gas needs to address scope 3 emissions

• 14 11月 2024

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

• 16 1月 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?​

Webinar | Europe Upstream Outlook 2025

• 27 2月 2025

Join us on the 27th February as we discuss the outlook for Europe Upstream oil and gas

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

• 10 12月 2020

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

Webinar | Natural Gas Winter Outlook Webinar

• 22 10月 2020

Know what to expect this winter with key insights into production, storage & exports.

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

• 07 9月 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.

Webinar | North American LNG winter outlook 2020

• 24 9月 2020

We'll explore the state of the North American LNG market and our short-and longer-term expectations as the winter approaches.

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

• 15 9月 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.

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

• 17 8月 2020

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

Indonesia’s LNG demand continue to rise despite economic downturn

• 30 6月 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.

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

• 30 6月 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.

What will a fresh output cap at Groningen mean for the gas market?

• 01 2月 2018

A new cap on production from the Netherlands' giant Groningen gas field may have an impact on the security of Europe's gas supply, hurt Dutch treasury receipts and prompt a reassessment of the field's remaining value.