• News Release

  Record number of microgrids installed in US last year

  • 22 7月 2020

  546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie.

• 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

  US-China agreement connects the fastest-growing LNG supplier with the largest LNG growth market

  • 12 5月 2017

  Chinese companies can now negotiate long-term contracts to source liquefied natural gas from US suppliers, the US Commerce Department said.

• News Release

  US gasoline demand poised to decline by over 1.7 million b/d by 2030

  • 20 3月 2017

  Gas demand may be nearing a new peak due to stringent fuel efficiency standards and shifting demographics.

• News Release

  North America could play bigger role in future global bunker market

  • 20 3月 2017

  Alan Gelder, Vice President of Refining, Chemicals & Oil Markets, believes that North America has the opportunity to take a much bigger role in the future global bunker market.

• News Release

  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.

• News Release

  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.

• News Release

  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.

• News Release

  Private equity's future in US Gulf of Mexico deepwater

  • 19 9月 2018

  With many Independents and Majors chasing onshore shale and white hot Brazil and Mexico, the US Gulf of Mexico, once the coveted jewel of the oil industry, has become a lower investment priority in recent years. This has opened the space for private equity-backed companies who have stepped up to the plate, turned pennies into dollars and shown they have what it takes to compete.

• News Release

  Upstream players need to boost spending to meet future demand

  • 24 10月 2018

  Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade.

• News Release

  How digitalisation transformed the US Lower 48

  • 12 11月 2018

  Upstream oil and gas companies are accelerating the implementation of big data applications and digital technologies to help transform their businesses. But how close is industry to achieving this? Where does the US Lower 48 stand in this transformation? A new study drills down into digitalisation in the upstream sector and identifies the technologies and applications being employed today and evaluates their potential impact.

• News Release

  Is deepwater ready for cost inflation?

  • 27 11月 2018

  In a newly published report, Wood Mackenzie notes that the deepwater industry appears in good health, following a sustained cost reduction through the downturn. However this hard work is in danger of being undone, as impending cyclical cost inflation could raise break-even costs once again.

• News Release

  OPEC stays the course with production deal

  • 01 12月 2017

  OPEC and non-OPEC producers agree to extend production curbs through 2018

• News Release

  Upstream companies shift focus from ‘survive’ to ‘thrive’ in 2018

  • 14 12月 2017

  2018 looks set to be a brighter year for upstream oil and gas companies

• News Release

  Can upstream cost savings stick?

  • 15 12月 2017

  The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.

• News Release

  Exploration’s back in the black

  • 04 2月 2019

  After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.

• News Release

  US independents balance the books

  • 14 2月 2019

  The Lower 48 E&P sector is under pressure from investors demanding greater capital discipline, positive free cash flow and increasing returns. There’s a tug-of-war between value and volume, and value has emerged as the winner. The Lower 48’s independents, who traditionally pursued growth at all costs, must now rein in their impulses and focus on delivering returns to their shareholders. How does this affect their 2019 spending plans, and how do they manage volatile oil prices?

• News Release

  Major policy changes in China to drive long-term solar installation growth

  • 14 5月 2019

  The solar market in China could see long-term benefits from major government policy changes that move the country away from federal feed-in tariffs and embrace unsubsidised business models.

• News Release

  U.S. solar market sees best Q1 in history

  • 18 6月 2019

  New findings from Wood Mackenzie Power & Renewables and SEIA's U.S. Solar Market Insight Report, Q2 2019

• News Release

  Decarbonising US power grid 'may cost US$4.5 trillion'

  • 27 6月 2019

  The transition to a 100% renewable US power grid will need investment of up to US$4.5 trillion over the next 10 to 20 years, new analysis from Wood Mackenzie found.

• News Release

  OPEC+ set for rollover but risk clouds supply outlook

  • 30 6月 2019

  As OPEC and OPEC+ meet in Vienna, the outlook for the market is mixed, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie said. “Geopolitical risk means the supply outlook is tightening, offsetting the moderate weakening in oil demand growth thus far this year,” she said.

• News Release

  Faster decline rates prompt Permian players to eye spending boost

  • 22 7月 2019

  Accelerating tight oil decline rates top a growing list of concerns for Permian basin operators, with unexpected production shortfalls prompting producers to consider stepping up drilling investment and M&A activity, Robert Clarke, Research Director, Lower 48 Upstream, told delegates at the Unconventional Resources Technology Conference (URTeC) in Denver.

• News Release

  Produced water poses growing risk to Permian production growth

  • 24 7月 2019

  Rising produced water volumes and expanding costs pose a significant risk to production growth in the Permian basin, Ryan Duman, Senior Analyst, Lower 48, told delegates at the Unconventional Resources Technology Conference (URTeC) in Denver.

• News Release

  Permian midstream bottlenecks may choke output

  • 24 7月 2019

  Rapidly rising production in the Permian basin has led to soaring levels of associated gas, outpacing pipeline infrastructure and placing increasing slowdown pressure on other production streams like crude oil and natural gas liquids (NGLs), Dr Eugene Kim, Research Director, Americas Gas, told delegates at the Unconventional Resources Technology Conference (URTeC) in Denver.

• News Release

  Resilience to drive US microgrid growth

  • 08 8月 2019

  The US microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out resilient solutions, new research from Wood Mackenzie found.

• News Release

  Permian operators cash in ... by thinking inside the box

  • 21 8月 2019

  As the tight oil sector continues to mature, producers are looking for ways to optimise their operations, improving efficiency of both production and costs. It's a battle to win back investor confidence. New research from Wood Mackenzie underscores the fact tight-oil operators are no longer chasing growth at all costs. Development strategies have firmly shifted to focus on scale: drilling sections instead of wells, with compressed paybacks, at the lowest possible cost. Many are favouring a “cube” development strategy, viewing it as the most efficient way to capitalise on cost savings.

• News Release

  US wind to peak in 2020 with 14.6 GW as Production Tax Credit expires

  • 12 9月 2019

  Highlights from Wood Mackenzie's 2019 North America wind power outlook

• News Release

  Project delays and cancellations to dampen US microgrid growth through 2021

  • 16 12月 2019

  Project cancellations and delays connecting planned projects to the electric grid will lead the US microgrid market to contract 17% from its 2018 peak by the end of this year, according to new research from Wood Mackenzie.

• News Release

  Anchor's aweigh as Chevron gives nod to US Gulf of Mexico development

  • 12 12月 2019

  Chevron has given the green light to the Anchor development in deepwater US Gulf of Mexico. This is Chevron’s first greenfield final investment decision as an operator since its sanction of Big Foot and Jack/St Malo in 2010.

• News Release

  US V2X installed capacity to double to 40 MW in 2025

  • 27 3月 2025

  The vehicle-to-everything market (V2X) is expanding, with installed capacity expected to double to 40 megawatts (MW) in 2025, according to a new report from Wood Mackenzie. According to the report “Power from the people: The state of the vehicle-to-everything (V2X) market” this expansion will be driven largely by school bus electrification programs. School buses provide significant downtime combined with their reliable duty cycles and large batteries.