Asia Pacific gas and LNG - 6 themes to watch in 2020

• 13 1月 2020

Wood Mackenzie has identified six themes that will impact Asia Pacific’s gas and LNG markets in 2020.

North Sea to remain global hotspot in 2020

• 09 1月 2020

It will be a noteworthy year for the North Sea – companies will increase production for the first time since 2017 and the outlook for both exploration and investment is looking healthy. The region will remain a global hotspot for deals as the corporate landscape continues to evolve. Crucially, the North Sea will also see major steps towards decarbonisation.

US and China sign Phase One trade deal

• 16 1月 2020

Wood Mackenzie's Gavin Thompson provides a commentary on the US-China Phase One trade deal

2020 gets off to a bumpy start for the refining sector

• 21 1月 2020

This year may prove to be a strong one for the refining sector, but 2020 has had a difficult start. Wood Mackenzie expects some turbulence this year as a number of factors come together – geopolitical risk, the impact of IMO 2020 regulations, and US tight oil production slowing, among them.

China’s demand drops for first time since 2009 as coronavirus hits oil markets

• 04 2月 2020

The near-term impact of the coronavirus outbreak on oil demand remains uncertain as much depends upon when and how China’s manufacturing industry restarts after the currently extended Lunar New Year public holiday.

Webinar | Appalachian players under stress: The impact of low gas prices on Marcellus portfolios

• 25 2月 2020

During the webinar, Wood Mackenzie experts discussed: 1. Of the pure plays (ex: Cabot), who looks best positioned to weather low prices in the long-term? 2. Hedging portfolios: How much time do they have? 3. Debt: Who is most at risk of breaching a covenant in 2020 in the Appalachia and how do maturities factor in? 4. What actions can operators work towards in the near-term to address these issues?

Oil price rout may trigger major industry shake-up

• 10 3月 2020

As global markets reel in the wake of the oil price crash, Wood Mackenzie’ corporate analysis team believes the price collapse could be the trigger for a new phase of deep industry restructuring - one that rivals the changes seen in the late-1990s.

OPEC+ ‘no deal’ a blow to the market

• 06 3月 2020

The OPEC+ meeting broke up without a deal, what does it mean for the markets?

Companies pass on the US Gulf of Mexico lease sale

• 18 3月 2020

Today’s region-wide Gulf of Mexico Lease Sale 254 saw 84 bids received from 22 participating companies, with high bids totalling US$93 million. That amounts to roughly half of the previous lease sale, held in August 2019.

Industry slashes spending as price rout deepens: Can companies cope?

• 19 3月 2020

Survival mode has returned to the oil and gas sector as the oil price rout deepens. Corporate financials are in better shape than during the 2014/2015 crash, but room for manoeuvre is limited. Can companies cope with prices this low?

Webinar: Oil price crash - deep cuts in upstream investment

• 26 3月 2020

The upstream oil and gas sector faces unprecedented uncertainty. It is clear oil companies must act quickly. Cuts to discretionary investment will be immediate and deep. While there are parallels to 2015-16, many things have moved on since the last downturn.

State of the Market: webinar series

• 01 4月 2020

Webinar | Japan's E&Ps: structural change and the road ahead

• 27 3月 2020

They are a material, often unheralded, part of the upstream industry, producing 1.6 million boe/d. But, the energy transition and declining domestic demand has forced Japan’s upstream companies to review their strategies. Japanese explorers and producers face a tough choice: to grow or to exit the sector entirely? Join Asia Pacific Research Director Angus Rodger and Upstream Research Associate Zixin Goh as they examine the road ahead for Japanese E&Ps.

Can the North Sea survive the price rout?

• 23 3月 2020

The North Sea has weathered several storms in its 50-year existence. But the events of the past few weeks mean the sector is entering uncharted waters. The coronavirus pandemic and collapse in OPEC+ production restraint has seen Brent reach its lowest point since 2003.

Webinar | Collapsing demand sets the terms in the battle for market share

• 07 4月 2020

The global oil market has been hit hard with collapsing demand while OPEC+ abandoned its production restraint and supply began rising. Topics will include: • The outlook for global oil demand in 2020 – how low can it go? • China demand is stabilizing – Will US and Europe follow that path? • The impact of low oil prices on US Lower 48 • OPEC and non-OPEC supply: What is up and what is down • Implications for 2020-2021 oil prices

Webinar: The Majors' playbook for low prices

• 03 4月 2020

The Majors have reacted swiftly to the oil price collapse. What are the levers they can pull if oil prices remain low? • Have they cut enough? • Have the cuts been to the bone? • Can M&A save the day? • Are dividends at risk?

African upstream capex ‘may be slashed by 33%’

• 31 3月 2020

Faced with the double whammy of the oil price crash and the coronavirus pandemic, Africa’s upstream sector looks set to slash capital spending by around 33% in 2020. Similar cuts to operating costs are also targeted by producers to stay cash-flow neutral. Unlike the 2015-16 price crash, this time nothing is sacrosanct: some operators will even wield the axe on committed spend, as well as the discretionary expenditure.

India’s 21-day lockdown – Impact on commodities?

• 30 3月 2020

India is under a three-week lockdown from 25 March to contain the spread of the coronavirus outbreak. Wood Mackenzie analysts discuss what this means for the power, coal, gas and LNG, and oil products sectors.

Webinar | Gas and power market updates

• 09 4月 2020

Covid-19 pandemic and plunge in oil price: what do they mean for APAC gas and power markets? 新冠疫情大流行和油价暴跌会如何影响亚太天然气和电力市场？

Oil price crash dents timeline of Australia’s second wave of FIDs

• 26 3月 2020

Wood Mackenzie’s latest analysis reveals that Australia’s next wave of LNG projects are likely to be delayed.

Oil price rout: which supply is most at risk of shut-in?

• 27 3月 2020

The coronavirus pandemic is reducing oil demand. The OPEC+ production restraint agreement fell apart on 6 March and Saudi Arabia is rapidly increasing supply. The result: Brent crude has plunged to less than US$30/bbl. This will have a significant impact on currently producing fields and future supply. How low can the price go before different sources of production become uneconomic? Where are production shut-ins most likely? Can governments influence the result?

Silver linings playbook: five reasons to be cheerful

• 08 12月 2022

Our analysts have identified five developments that suggest that, despite the setbacks of the past year, the world is laying the foundations for a decade or more of sustained opportunity that will deliver better outcomes for the reliability, affordability and sustainability of our energy and natural resources.

Offshore CCS projects could breathe new life into Gulf of Mexico

• 04 11月 2022

As the US looks for innovative ways to reduce greenhouse gas emissions, offshore carbon capture storage (CCS) projects in the US Gulf of Mexico (GoM) could play an influential role in meeting future goals, according to analysis from Wood Mackenzie.

Scraping the barrel: is the world running out of high-quality oil and gas?

• 16 2月 2023

The world won't run out of oil or gas anytime soon. But truly advantaged resources – with low break-even costs and low emissions – are anything but plentiful.

Bolivian gas production to decline faster than expected, exports to Brazil and Argentina to cease by 2030

• 18 1月 2023

Bolivian gas production will decline more rapidly than expected, falling from 1,400 million cubic feet per day (mmcfd) in 2022 to as low as 400 mmcfd by 2030, according to a report from Wood Mackenzie, a Verisk business.

High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition

• 16 2月 2023

The energy transition will require oil and gas for decades to come, but the supply of lower-cost, lower-carbon “advantaged” barrels remain scarce, threatening emissions targets and causing upstream providers to pivot to new strategies, according to “Scraping the Barrel” a new Horizons analysis from Wood Mackenzie.

The great reopening: what the end of China’s ’zero-Covid’ strategy means for global energy and natural resources.

• 23 3月 2023

What the end of China's 'zero Covid' strategy means for global energy and natural resources

A supercharged China could turn up the heat on global commodities

• 23 3月 2023

The Chinese economy is expected to grow by 5.5% but could grow by as much as 7% in 2023 as the country bounces back from three years of lock-down caused by the Covid pandemic according to a new report by Wood Mackenzie.

Horizons Live: The Great Reopening

• 26 4月 2023

Our panel discusses the possible pathways for the Chinese economy and the impact of its reopening on global energy and natural resources supply, markets and prices.

Webinar | Wood Mackenzie at LNG Trading and Risk Webinar Series day

• 03 5月 2023

Webinar | Wood Mackenzie at LNG Trading & Risk Series