Energy transition to trigger steep decline in eastern Australia’s gas demand

• 08 March 2022

Eastern Australia’s gas and power markets are at the forefront of Asia Pacific’s energy transition. Markets are undergoing a radical transformation, one which could see gas demand decline by 60% in 2050, depending on the pace of the energy transition, Wood Mackenzie, a Verisk business (Nasdaq:VRSK), said today.

How capital markets will drive the decarbonisation of oil and gas

• 23 September 2021

Are oil and gas companies doing enough to tackle climate change? The answer is almost certainly no, despite the earnest intentions of many companies.

The Norwegian emissions dilemma

• 05 August 2024

What is the real impact of curtailing production from Norway on the broader European energy landscape?

The complexity of capital allocation for oil and gas companies

• 10 October 2024

The slower pace of the energy transition is influencing Big Oil’s capital allocation. What share of cash flow is the industry re-investing? How much will upstream spend rise in 2025? Why have NOCs become the biggest spenders on low carbon?

The rise and fall of black gold

• 09 August 2017

The market used to worry about peak oil supply. Now the focus has shifted. With the world now considering a structural decline in oil demand, which sectors will feel the greatest impact?

How the Russia/Ukraine war changes energy markets

• 28 April 2022

The war has created turmoil and sent power, gas, coal and oil prices through the roof. Will the world's dependence on fossil fuels increase – or will high prices accelerate investment in the energy transition?

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

• 12 January 2021

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

A tale of two cities: comparing the Houston and Corpus Christi crude hubs

• 22 March 2023

After decades with Houston at the heart of the US Gulf Coast crude value chain, shifting legislation and trade flows have brought about change.

Asset Connect

Visualise the infrastructure and its interconnectivity across the North American crude oil supply chain.

Full steam ahead for Tortue FLNG

• 21 December 2018

Sanctioning the Tortue FLNG project, offshore Mauritania/Senegal is a 'major milestone' for BP and its partners

Stage set for tougher fiscal terms for upstream operators in 2022

• 15 December 2021

Fiscal policies could start to catch up with energy transition goals this year. Read 'Global upstream fiscal systems: 5 things to look for in 2022' for our view on the policy changes that could be in store.

Can carbon offset crude move from idea to reality?

• 05 December 2022

Companies along the value chain must be proactive in response to the prospect of a carbon offset crude market.

What a future Ukraine peace deal means for energy (Part 2)

• 26 March 2025

A windfall for Russian oil producers and impetus for upstream investment

Webinar | Europe's Energy Storage Market

• 14 April 2026

From energy security to regional gas supply, we discuss some of the key upstream events and themes to follow in Europe.

Mexico’s Deepwater Round 2.4 Receives Significant Bids

• 31 January 2018

Mexico’s second deepwater licensing round closed today on a high note with 19 of 29 offered blocks awarded, raising more than US$500 million in cash payments. Shell dominated the auction, snapping up nearly half of all blocks awarded. In the Perdido Area, the company won five of six awarded blocks.

A new production record in the Gulf of Mexico

• 14 January 2022

US deepwater output will rise to a record high in 2022. What you need to know: The Biden administration aims to build a better grid, the electricity cost outlook in the Asia Pacific region and Burning Man versus geothermal.

How coronavirus is affecting power demand in the Midwest

• 08 April 2020

The arrival of the COVID-19 pandemic has derailed power demand patterns and expectations in the Midcontinent ISO (MISO).

How will Covid-19 shape corporate strategy in energy and natural resources?

• 26 May 2020

Companies in oil and gas, metals and mining, and power and renewables need to rethink corporate strategy to thrive in a post-coronavirus world

Falling US oil inventories put upward pressure on fuel prices

• 04 May 2026

As US oil flows overseas to meet global demand, shrinking inventories at home are pushing fuel prices closer to record highs and the worst may be yet to come

Taking the pulse of the global LNG industry

• 26 September 2024

The WoodMac team were out in force at last week’s Gastech 2024 in Houston, the gas and LNG industry’s leading conference. Here are our collective high-level takeaways.

Responsibly sourced gas (RSG): a primer

• 18 October 2021

Responsibly sourced gas (RSG) is gaining traction in the US as investor pressure incentivises faster decarbonisation and higher ESG standards.

Oil refining’s four big challenges

• 02 July 2021

Oil refining's concerns over profitability, rationalisation, decarbonisation and EVs

Gas outlook: European oversupply and low prices

• 15 September 2017

A wave of new LNG will be seeking a market in Europe over the next five years, causing widespread oversupply and low gas prices.

A hydrocarbon copy: the upstream industry’s return to international shale exploration

• 16 April 2026

A second round of global unconventional exploration is underway – and ‘global shale 2.0’ could look very different.

Northeast gas production: are operators running out of steam?

• 10 May 2019

After seven years of surging production growth, Northeast gas producers are starting to slow their output.

Alerts send warnings about the future of power

• 18 June 2021

As a heatwave hit the southwest US this week, electricity demand surged, putting strain on the grids in Texas and California. Grid operators issued alerts urging customers to conserve electricity where possible by turning up thermostats and not running appliances in the late afternoon and evening. The measures worked: blackouts were avoided in both states. But the alerts were a reminder of the pressures facing grids in extreme weather conditions, which will increase as their reliance on wind and solar power grows. Demand response programmes and other measures to improve the flexibility of the grid are becoming increasingly important.

China Gas & Power Service

Understand China's gas and power market, support investment decisions and create effective strategies.

Ethylene Cracking Monitoring Alerts

Real-time data and alerts on feedstock and ethylene markets

US anger at OPEC+ production cut

• 11 October 2022

The decision provoked some anger in the US. But the actual production cut is smaller than the headlines imply, and is coming as global demand for oil is faltering.

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

• 20 January 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.