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News Release
Five consequences of a Biden administration for US energy
- 07 11月 2020
Joe Biden offered American voters a radically different vision of energy policy from President Donald Trump, focused on addressing the threat of climate change. He will enter the White House with a goal of setting the US on course for net zero greenhouse gas emissions by 2050 and will take the US back into the Paris climate agreement.
News Release
Energy transition to be key driver of Australia’s upstream M&A
- 01 10月 2020
The energy transition is expected to be a major driver of the future of Australia’s upstream M&A, says Wood Mackenzie.
News Release
Portfolio resilience and sustainability at the core of corporate concerns
- 20 10月 2020
Wood Mackenzie’s 2020 Energy and Commodities Summit Asia Pacific edition kickstarted yesterday. Experts shared their views on how the energy sector is changing in light of the oil price crash, Covid-19 and the latest carbon-neutrality trends.
News Release
UK can lead world in net zero energy technologies – but investment is critical
- 16 9月 2020
Wood Mackenzie today delivered a comprehensive roadmap for the North Sea’s future to the OGTC, setting out the critical technologies needed to deliver an integrated net zero energy system on the UK Continental Shelf (UKCS), positioning the UK as a world-leader in the move to a low carbon world.
News Release
Indonesia’s straddle between gross split and cost recovery is positive step forward
- 17 9月 2020
Introducing a choice between gross split and cost recovery for new licences is a positive step forward for Indonesia's upstream sector, says Wood Mackenzie.
News Release
India’s new deepwater supply could face pressure from low spot LNG prices
- 21 7月 2020
India’s new deepwater gas production could be under pressure from low spot LNG prices, says Wood Mackenzie.
News Release
ConocoPhillips acquisition of Marathon Oil creates third largest producer in the US Lower 48, says Wood Mackenzie
- 30 5月 2024
Addressing ConocoPhillips (COP) acquisition of Marathon Oil (MRO) in an all-stock transaction valued at US$22.5B, Alex Beeker, research director, corporate research for Wood Mackenzie said, “The addition of Marathon further solidifies ConocoPhillips in a league of its own, with few true peers. For ConocoPhillips, this is a diversified and balanced move across multiple geographies.”
News Release
World heading for a 3°C warming trajectory, as political headwinds slow the energy transition
- 02 5月 2024
A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.
News Release
What's behind Libya's production boost?
- 20 10月 2017
Libya's oil production has increased steeply from August 2016’s low point of below 300,000 barrels per day (b/d) to around 850,000 b/d at present, passing the 1 million b/d barrier in July. But Wood Mackenzie believes Libya may now be reaching its near-term production limits and future growth will be gradual.
News Release
Geology vs. technology: How sustainable is Permian tight oil growth?
- 20 9月 2017
Technology has played a huge role in the rapid rise of production in the Permian. Operators are bullish on the region's long-term potential and poised to exploit the Permian at an unparalleled pace over the next few years. However, according to a report by Wood Mackenzie, Geology vs. technology: how sustainable is Permian tight oil growth?, geological constraints that may arise as the play is aggressively developed could lead to production shortfalls, and in turn, higher prices early next decade.
News Release
Upstream players grapple with uncertainty
- 15 5月 2017
To gauge the state of the sector, Wood Mackenzie asked its client base to share their thoughts on a number of key themes, and the responses were analysed to give a comprehensive view of how the sector’s key players view the future.
News Release
Production from Argentina's Vaca Muerta to reach 113 kboed by 2018
- 04 5月 2017
The seven most advanced developments are expected to see production increases of 43% in 2017.
News Release
Return of Asian investment in US tight oil
- 08 5月 2017
If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.
News Release
Revival of deepwater industry: best projects closing gap
- 30 3月 2017
The deepwater industry has emerged from the downturn leaner and more competitive with US tight oil
News Release
New projects in the upstream oil and gas industry to double in 2017 predicts Wood Mackenzie
- 11 1月 2017
Confidence will return to the sector in 2017, with exploration and production spend to rise by 3% to US$450 billion.
News Release
US$40 billion worth of opportunities in Asia-Pacific upstream M&A in 2017
- 18 1月 2017
According to research by Wood Mackenzie, the APAC upstream sector holds considerable value as the majors divest mature and mid-life assets in the region.
News Release
Global upstream FIDs on track to double in 2017
- 17 7月 2017
In the first half of the year, the industry has already witnessed 15 project sanctions, almost comparable to project sanctions in the whole of 2016.
News Release
Global upstream project delivery is finally hitting the mark
- 14 8月 2018
Has the oil and gas industry finally turned around its reputation for always delivering upstream projects behind schedule and overbudget? Emerging signs of improved execution suggest companies are getting it right after a period of dismal performance on project returns, according to a new Wood Mackenzie report.
News Release
Decommission or redevelop? Brazil's mature Campos basin oil fields await resurgence
- 28 8月 2018
Brazil’s Campos basin is awaiting a resurgence in production according to a new report by Wood Mackenzie, analysing the impacts redevelopment of the basin's mature oil fields could have on production, royalty collection and job creation.
News Release
How do the Majors stack up in the Lower 48?
- 16 10月 2018
The Major oil and gas companies have made big strategic bets on the US Lower 48's unconventional plays. The scale, returns and investment flexibility offered by tight oil and gas has made it an essential part of most major players’ portfolios. But how do the players compare to each other?
News Release
Big Data adds up to big savings for upstream players
- 12 11月 2018
The upstream sector could save as much as US$75 billion annually thanks to digitalisation and Big Data. In its new report, Digitalisation in upstream: Show me the money, global natural resources consultancy Wood Mackenzie dug into the numbers to see exactly what Big Data could do for Big Oil – and smaller players too.
News Release
Producers double down on hedging in Q3 2017
- 29 11月 2017
Hedging activity surged in Q3 2017 as oil producers rushed to lock in rising prices for future production, according to Wood Mackenzie's latest analysis of oil and gas hedging activity.
News Release
Deepwater Gulf of Mexico stages a comeback in 2018
- 05 1月 2018
The U.S. deepwater Gulf of Mexico sector has struggled since crude dropped in late 2014. However, as costs finally settle at a bottom and operators set a new standard for operational efficiency, 2018 might just be a turning point for the sector.
News Release
Latin America to buck global exploration trend in 2018
- 22 1月 2018
Driven by an impressive array of licensing and farm-in opportunities, plus an upsurge in exploration activity, Latin America’s upstream sector is poised for a banner year in 2018, according to a new insight by Wood Mackenzie, Latin America Upstream: What to look for in 2018.
News Release
Offshore decommissioning in Asia Pacific could cost US$100 billion
- 01 2月 2018
According to Wood Mackenzie's latest analysis, decommissioning Asia Pacific's offshore assets – nearly 2,600 platforms and 35,000 wells – could cost over US$100 billion.
News Release
Will a shifting global market embrace US crude?
- 05 3月 2018
A new study by Wood Mackenzie, examines this shift in the oil market, and assesses the challenges and opportunities facing the market and US producers and midstream operators.
News Release
Conventional pre-FID breakevens give the Lower 48 a run for its money
- 14 3月 2018
Analysis of global oil cost curves indicates that many conventional pre-FID projects – even deepwater developments - are now competitive on a breakeven basis with US Lower 48 tight oil. However, this competitiveness has come at the expense of volumes. The trade-off of cost efficiency versus volumes means that in the medium- to long-term, the cost of supply is set to increase, highlighting the US Lower 48’s role as an important marginal barrel producer.
News Release
Upstream FIDs pushes on with lower costs
- 05 4月 2018
As previously forecasted by Wood Mackenzie, 2017 saw a significant recovery in upstream FIDs, with the number of project sanctions more than doubled compared to 2016. Wood Mackenzie expects a similar total this year - circa 30 major project FIDs - supported by continued prudence in industry spending.
News Release
Chinese shale gas production to almost double in two years
- 17 4月 2018
Shale gas in China has seen significant progress over the last decade, growing to nearly 600 wells and 9 bcm of production last year. In its latest analysis, Wood Mackenzie projects Chinese shale gas production to almost double to 17 bcm in 2020.
News Release
A new era for oil and gas in Mexico
- 16 5月 2018
Look no further than Mexico for an example of what a successful energy reform looks like. Over the past five years, the country has dramatically overhauled its energy landscape. A new report analyses the impacts of the energy reform on the country's upstream sector.

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