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 | 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

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.

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.

Decarbonisation key to future of Asia Pacific’s upstream industry

• 15 12月 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.

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

• 17 11月 2020

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

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

• 19 10月 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."

Turkey nets largest-ever find with Tuna-1 gas discovery

• 21 8月 2020

A gas discovery of the scale of the Tuna-1 find in the Black Sea, if developed, would be transformational for Turkey, given its overwhelming reliance on imports and crippling energy import bill. Turkey is chiefly reliant on piped gas from Russia, Azerbaijan and Iran but the share of liquefied natural gas imports has also continued to grow.

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

• 02 9月 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.

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.

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.

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

• 06 7月 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.

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

• 28 6月 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.

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.

Wood Mackenzie commentary on India CERA Week

• 09 10月 2017

To mark the start of the India Energy Forum by CERA week, Wood Mackenzie analysts weigh in on the country's oil and gas outlook and production prospects.

Better times head for the UKCS, but investment still a concern

• 17 1月 2017

Wood Mackenzie expects a modest recovery due to the improving oil price.

Shale sector to be cash flow positive by 2020

• 26 7月 2017

When will tight oil make money calculates that the five largest tight oil players could become cash flow positive by 2020?v

More oil discovered in Carnavon Petroleum's Dorado-1 well

• 08 8月 2018

A sizeable discovery is significant for Quadrant, whose private equity backers are looking to exit, and Carnarvon, which is a pure-play explorer. A standalone oil discovery is easier to monetise than gas, as it does not require LNG contracts or gas infrastructure.

New regulations to fast-track Brazil FPSO deployment and boost pre-salt oil production

• 20 6月 2018

Brazil's new local content regulations could fast-track the deployment of FPSO units, speeding up the pace of pre-salt oil production by more than 21 billion barrels by the mid-2020s, a new report by Wood Mackenzie analysing the impact of new local content rules on production, royalty collection and job creation has found.

Rise in new players in Southeast Asia's upstream sector

• 28 6月 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.

Chevron set to divest central UK North Sea assets

• 04 7月 2018

Chevron has announced it is planning to sell its central UK North Sea assets, including Captain, Elgin/Franklin, Erksine and Jade, to focus on the West of Shetland province.

BP buys BHP's L48 assets in 'transformative' $10.5bn deal

• 27 7月 2018

BP has bought BHP Billiton's US Lower 48 assets in a $10.5 billion deal. Wood Mackenzie believes the deal will be transformative for BP.

OPEC producers key to world supply through to 2040

• 16 7月 2018

Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.

Permian producers hedge their bets against pipeline delays

• 11 9月 2018

Permian producers increased their 2020 oil-basis hedge positions by 431% during Q2. Such a sharp rise suggests producers perceive a higher risk that key pipeline projects fail to start up by 2019 target dates, according Wood Mackenzie's latest analysis of oil and gas activity.

Transocean’s $2.7bn Ocean Rig deal ‘a winner’

• 03 9月 2018

Rig provider Transocean is set to merge with Ocean Rig in a $2.7 billion deal, a move Wood Mackenzie says is a winning one for the rig market.