China’s inaugural SPR auction unlikely to impact global crude oil markets

• 24 9月 2021

China begins the sale of its Strategic Petroleum Reserves (SPR) today. According to Wood Mackenzie, a Verisk business (Nasdaq:VRSK), the SPR auction is unlikely to have material impact on crude oil markets globally.

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

• 04 11月 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.

Wood Mackenzie weighs in on COP26 key takeaways

• 15 11月 2021

Following the conclusion of the COP26 on November 13, Wood Mackenzie experts weigh in on the key developments of the conference.

UK charts course for net zero North Sea

• 06 5月 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.

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.

Webinar | The 2021 Future of Exploration survey

• 27 4月 2021

This year sees the exploration sector in recovery mode as it begins to reposition for an energy transition world. We put our questions on the future of exploration to exploration leaders and professionals around the world. The sector had fought hard to win its way back to profitability before the crisis struck. Its disciplined approach of recent years looks set to remain even as prices recover. Exploration is increasingly playing a role in moves to a lower carbon future and geoscientists are at the forefront of some new energy businesses. We've analysed the data to discover the key challenges the industry is facing, which explorers stand out from the pack and the role of exploration in today’s energy company

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.”

Webinar | Rare Earths: a global outlook for key market trends

• 15 9月 2021

This webinar will explore the latest trends and insights on the Rare Earths market. Join the Rare Earths team on Wednesday, 15 September, for answers to key questions facing the industry.

Commit and collaborate: squaring the carbon circle for oil & gas

• 19 8月 2021

The commodity price upcycle provides a golden opportunity to accelerate emissions reduction. Read more....

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.

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.

Big Oil’s impact on the transformation of offshore wind

• 16 3月 2021

Join Wood Mackenzie's experts on Tuesday 16th March at 1:30pm - 2:30pm GMT, where we will review the rapid growth of the leading European oil companies in offshore wind.

OPEC+ surprises market as it extends output curbs

• 04 3月 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.

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

• 10 3月 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.

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.

Adding fire to e-fuels: are synthetic fuels the key to unlocking growth in hydrogen?

• 11 6月 2024

Identifying pathways from legacy fuels into low-carbon alternatives is a perennial challenge for incumbent energy players. Finding the optimal blend of competitive hydrogen costs, CO2 sourcing and policy support will be key.

Horizons Live: Adding fire to e-fuels

• 02 7月 2024

This month's Horizons Live examines whether synthetic fuels could be the key to unlocking growth in hydrogen.

Waste to wealth: unlocking circular value chains​

• 15 7月 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.​

Carbon removals: the 'net' in net zero

• 19 9月 2024

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

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

• 14 11月 2024

Webinar | Subsurface Outlook 2025

• 11 2月 2025

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

Conversation starters: five energy charts to get you talking

• 03 12月 2024

In our final Horizons of 2024, we have compiled five charts to make you think. We start and end with charts on the power markets of the world’s two largest economies, the US and China.

Horizons Live: No country for old fields

• 09 12月 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.

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

• 09 12月 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.

OPEC+ agrees to increase output after tense negotiations

• 07 12月 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.

Webinar | Natural Gas Winter Outlook Webinar

• 22 10月 2020

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