• News Release

  Bangladesh to double its fossil fuel imports in a decade

  • 14 5月 2020

  Bangladesh is expected to double its fossil fuel imports to 32 million tonnes of oil equivalent (Mtoe) between 2020 and 2030, says Wood Mackenzie.

• News Release

  NOCs to slash over a quarter of exploration budgets on average in 2020

  • 20 5月 2020

  National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie.

• News Release

  China’s Q2 2020 oil demand shows signs of recovery

  • 26 5月 2020

  According to the latest analysis by Wood Mackenzie, China’s oil demand will recover to 13 million barrels per day (b/d) in Q2 2020, a 16.3% jump compared to Q1 this year.

• News Release

  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.

• News Release

  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.

• News Release

  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.

• News Release

  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.

• News Release

  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.

• News Release

  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.

• News Release

  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.

• News Release

  India to overtake China as world’s largest LPG residential market by 2030

  • 06 10月 2020

  India is expected to overtake China as the world’s largest liquefied petroleum gas (LPG) residential sector market by 2030.

• News Release

  China’s carbon neutrality bill could hit over US$5 trillion

  • 08 10月 2020

  Wood Mackenzie’s latest analysis shows over US$5 trillion of investments would be needed for China to reach its pathway for carbon-neutrality by 2060.

• News Release

  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."

• News Release

  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.

• News Release

  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.

• News Release

  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.

• News Release

  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.

• News Release

  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.

• News Release

  Resilience and sustainability to be core oil and gas themes of 2021

  • 19 1月 2021

  Wood Mackenzie’s latest analysis reveals that sustainability and resilience will be at the heart of the oil and gas industry story in 2021.

• News Release

  Climate commitments to top energy and mining agendas in 2021

  • 27 1月 2021

  What are the biggest emissions trends to watch this year? James Whiteside, Wood Mackenzie Global Head of Multi-Commodity Research, and Amy Bowe, Wood Mackenzie Head of Carbon Research, see five key themes

• News Release

  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.

• News Release

  Carbon pricing plans ‘could transform upstream oil and gas economics’

  • 31 3月 2021

  At present, few countries require producers to either pay a carbon tax or participate in an emissions trading scheme (ETS). But as governments seek to meet decarbonisation targets, that could soon change. Carbon charges are likely to come, and they will transform the upstream sector, affecting both asset values and the industry’s economics.

• News Release

  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.

• News Release

  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.

• News Release

  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.

• News Release

  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.

• News Release

  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.

• News Release

  Is CCS the upstream sector’s silver bullet?

  • 11 8月 2021

  We may only be halfway through 2021, but it is already shaping up to be a breakthrough year for carbon capture and sequestration (CCS) to emerge as a viable tool for upstream companies to decarbonise operations. Although the concept has been around for decades, CCS is moving into the mainstream. All the industry’s largest companies now plan to use sequestration to help them reach their decarbonisation targets.

• News Release

  Firth of Forth net-zero hub key to achieving climate goals

  • 17 8月 2021

  The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie, a Verisk company (Nasdaq: VRSK) has found.

• News Release

  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,