• Comment

  Colonial Pipeline cyberattack may benefit European refiners

  • 10 5月 2021

  The 2.5 million barrels per day (b/d) Colonial Pipeline moves roughly 45% of the US East Coast's supply of gasoline, diesel, and jet fuel from the Gulf Coast. The duration of the outage following the cyberattack on 7 May 2021 is uncertain. In the short term, Wood Mackenzie expects fuel demand and prices to rise in PADD 1, prompting refined fuel inventories to decline and PADD 1 refiners to maximize production.

• Comment

  Australia releases Budget 2021

  • 12 5月 2021

  Wood Mackenzie experts comment on the recently announced Australia Budget 2021.

• News Release

  Europe emerges as global LNG price-setter

  • 27 5月 2021

  Global liquefied natural gas (LNG) markets were set to tighten over the next five years, driven by a slowdown in global LNG supply growth. But Europe’s market dynamics are turbo-charging the price recovery, with TTF currently trading close to US$9 per million British thermal units (/mmbtu), a level not seen since mid-2018. Following the recent winter spot price spike in Asia, the European market has been sustaining global LNG prices, making the region a battleground for global LNG price formation, new research from global natural resources consultancy Wood Mackenzie found.

• Comment

  NEA Gas Forum - the future of gas is Asia and the prize is large

  • 09 6月 2021

  Wood Mackenzie experts discussed key drivers of Asia Pacific gas markets at the Northeast Asia Gas Forum today.

• News Release

  Producing green LNG is key for Australia to remain competitive

  • 17 6月 2021

  Australian producers need to be at the forefront of green LNG to remain competitive, says Wood Mackenzie.

• News Release

  Wood Mackenzie launches first-of-its-kind refinery intelligence tool

  • 21 6月 2021

  Wood Mackenzie is now offering Refinery I/O, a new tool providing daily refinery analytics from proprietary data sets.

• Comment

  Supply outlook tightens as OPEC+ prepares to meet

  • 01 7月 2021

  As OPEC+ meets on 1 July, oil prices are supported by tightening oil market fundamentals for the second half of 2021. Global natural resources consultancy Wood Mackenzie forecasts total oil demand to rise 5.9 million barrels per day (b/d) year-on-year for 2021.

• Comment

  What would an EU carbon border adjustment mechanism mean?

  • 14 7月 2021

  The EU Commission proposed a carbon border adjustment mechanism (CBAM) as part of today’s “Fit for 55” package. James Whiteside, global head of multi-commodity research at Wood Mackenzie, said: “As the first mechanism of its kind, the CBAM is being designed in consultation with industry to avoid unintended consequences. “A CBAM that does not cover a substantial portion of the production chain will encourage carbon leakage - pushing emissions beyond the borders of the EU or shifting competition between EU and non-EU producers to the next stage of the value chain.”

• News Release

  EU’s ‘Fit for 55’ lays out bloc’s green blueprint

  • 14 7月 2021

  Europe is at the forefront of the shift to net zero, both in ambition, but also in terms of how to make rapid and deep decarbonisation a reality. The world needs to reduce carbon dioxide (CO2) emissions as quickly as possible. Not doing so means we will need to turn to expensive and unproven technologies to withdraw CO2 from the atmosphere later this century.

• Comment

  Japan’s new 2030 energy mix unveils radical plans to transform the energy system

  • 27 7月 2021

  Last week, Japan’s Ministry of Economy, Trade and Industry (METI) released a draft of its upcoming 6th Strategic Energy Plan which included major changes to the FY2030 power generation mix targets.

• Comment

  Slower H2 demand across most commodities in China

  • 28 7月 2021

  Demand across most commodities in China is expected to slow down in the second half of 2021, according to Wood Mackenzie’s new monthly China Economic Focus report.

• Comment

  Oil Search and Santos on a revised merger proposal

  • 02 8月 2021

  Oil Search and Santos have reached agreement on the merger ratio under the proposed merger.

• Comment

  Bumpy road ahead as SEA navigates energy transition but opportunities aplenty

  • 04 8月 2021

  Wood Mackenzie is organising the 2021 Southeast Asia Energy Forum today. Experts will be discussing key issues and opportunities facing the region’s energy industry over the coming decades.

• Comment

  Shell’s Nigeria sale offers value, but bidders need to do their homework

  • 12 8月 2021

  Shell has started a process to divest all of its operated joint venture licences held by the Shell Petroleum Development Company (SPDC) in Nigeria. This includes a 30% interest in 19 Oil Mining Leases (OMLs). Gail Anderson, Research Director with Wood Mackenzie’s Sub-Sahara Africa upstream team, said: “There is considerable value upside across the joint venture assets, which bidders will need to carefully evaluate and quantify.”

• Comment

  Woodside confirms potential merger with BHP's petroleum business

  • 16 8月 2021

  Woodside has confirmed it is in discussions with BHP over a potential merger involving BHP’s entire petroleum business.

• News Release

  Oil price windfall a ‘golden opportunity’ to speed up sector’s decarbonisation

  • 19 8月 2021

  – Oil and gas companies must use the current cash flow windfall opportunity to speed up decarbonisation of their businesses, global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said in a report released today.

• News Release

  Drought puts pressure on Brazil’s power sector

  • 08 9月 2021

  The severe drought in Brazil will contribute to an extremely tight power balance in the country, new research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows.

• News Release

  High carbon tax could erode up to 60% of Asia’s refining earnings

  • 05 10月 2021

  A high carbon tax could erode up to 60% of Asia’s total refining earnings by 2027, says Wood Mackenzie, at the Global Energy Summit Focus Week.

• Comment

  Upstream oil and gas: record cash flows and peak uncertainty

  • 08 10月 2021

  Wood Mackenzie’s Global Energy Summit Upstream Focus Day has addressed some of the biggest issues facing the industry.

• News Release

  Wood Mackenzie and Ball Corporation announce satellite data analytics collaboration

  • 11 11月 2021

  Wood Mackenzie, Inc. a Verisk business (NASDAQ:VRSK), and Ball Corporation (NYSE: BLL) announced today that they have formed a strategic agreement between the two organisations to accelerate the development of advanced analytics for energy markets.

• Comment

  China’s GDP to further decelerate in Q4 2021

  • 01 12月 2021

  China’s economy has faced headwinds from flooding, Covid outbreaks and power rationing in H2 2021. This resulted in a steeper-than-expected economic slowdown for the third quarter, says Wood Mackenzie

• News Release

  Upstream sector on the rebound – but ‘peak uncertainty’ fears weigh in 2022

  • 13 12月 2021

  The oil and gas sector will continue to rebound in 2022, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK) But the positive outlook will be tempered by concerns about its future. In its Global Upstream Outlook 2022, Wood Mackenzie points out the upstream industry must respond to the implications of the pledges made at COP26 and governments must set a course for the industry to follow.

• News Release

  Global gas and LNG – 6 trends to watch in 2022

  • 13 1月 2022

  Wood Mackenzie, releases its Global gas and LNG – 6 things to watch for in 2022 report.

• News Release

  Key things to watch in the European gas market for 2022

  • 13 1月 2022

  Risk of a cold winter, uncertainty around pipeline imports and low gas inventories have set the scene across Europe for another volatile year ahead, with the potential for gas prices to soar further and energy shortages to bite.

• News Release

  Oil demand faces downside risks; supply shortage not anticipated in 2022 with lots to watch out for

  • 19 1月 2022

  Wood Mackenzie releases its Oil markets: 5 things to look for in 2022 report which discusses the uncertainties and issues impacting global demand, oil supply and refining markets this year.

• News Release

  Energy transition may shave 2% off global GDP by 2050

  • 20 1月 2022

  The world has the means, motive and opportunity to cap global warming to the 1.5°C limit agreed in the Paris Climate Accord, new research released today by Wood Mackenzie, a Verisk company (Nasdaq: VRSK) shows. But there will be tangible economic implications of an accelerated energy transition. While global economic output is likely to take a hit until 2050, it could be recoverable by the end of the century, according to Wood Mackenzie.

• News Release

  Europe can weather halt in Russian gas supplies

  • 18 3月 2022

  European gas prices remain volatile amid the risks of disruptions of Russian piped imports. As additional sanctions against Russia are under discussion, a complete halt of Russian piped imports into the EU remains a risk. But Europe is in a better position to cope without Russian piped gas now than it was a few months ago, analysts from Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said.

• News Release

  World must double-down on plans to achieve net zero by 2050

  • 23 3月 2022

  Over the last year, strong demand recovery and a lack of investment in supply has caused prices to rise across sectors. Energy security and geopolitical tensions have added unprecedented uncertainty to markets across the globe. On top of that, countries and corporations still bear the massive challenge of limiting global warming to 1.5 ˚C.

• News Release

  About 650,000 barrels per day of Russian crude oil to be ‘swapped’

  • 05 4月 2022

  About 650,000 barrels per day (b/d) of Russian crude oil are to be relocated from advanced economies, and the solution could be ‘crude swapping’, says Wood Mackenzie.

• News Release

  Domestic UK oil & gas can reduce reliance on energy imports

  • 07 4月 2022

  High commodity prices and Russia's invasion of Ukraine have called into question the UK’s reliance on energy imports. In response, the UK government is set to unveil a new ‘energy security strategy’.