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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
IMO aims to halve global shipping emissions. But, what will it cost?
- 12 4月 2018
The IMO is gearing up to cap sulphur emissions. Wood Mackenzie looks at the potential impact the new regulations could have on the shipping and bunker fuel sectors.
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
East Coast gas prices could rise 30 percent in five years
- 25 5月 2018
In a recent study, Wood Mackenzie forecasts Australia's East Coast gas prices to rise up to 30 percent to between A$10 and A$13 /per gigajoule by the mid 2020s.
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.
News Release
Permian produced water: slowly extinguishing a roaring basin?
- 11 6月 2018
With the recent rise oil prices, operators have been adding rigs and ramping up completions in the Permian Basin – the largest and most important source of oil supply growth in the world. However, persistent operational water challenges present a material risk to companies' future profitability and production.
News Release
Exploration industry eyes a brighter future at EAGE
- 12 6月 2018
In his keynote address to the EAGE 2018 Conference in Copenhagen, Andrew Latham, vice president, global exploration, at Wood Mackenzie, told delegates that the exploration sector emerged from the downturn in better shape, and the economic outlook is looking bright.
News Release
North America to lead next wave of global LNG projects
- 18 12月 2018
North America will lead the next wave of global LNG project sanctions in 2019, with three US Gulf Coast developments expected to reach final investment decision (FID) in the first half of 2019, according to Wood Mackenzie's latest quarterly North America LNG projects update.
News Release
Upstream companies positioned to thrive in 2019
- 17 12月 2018
Price volatility. Market turbulence. Geopolitical tensions. As 2018 draws to a close the stage is already set for a fascinating 2019 in the upstream industry. In the recently published 2019 upstream and corporate outlook reports, Wood Mackenzie highlights how well prepared the industry is to adapt and thrive in tumultuous times.
News Release
Major LNG buyers' uncontracted demand to quadruple by 2030
- 13 12月 2018
Wood Mackenzie's latest research reveals that uncontracted demand by the world's seven largest LNG buyers could quadruple to 80 million tonnes per annum (mmtpa) by 2030.
News Release
Solar tariffs hold back Q3 installations, scramble project timelines as procurement pipeline booms
- 13 12月 2018
The Section 201 solar tariffs took a toll on U.S. utility-scale solar installations in the third quarter according to the U.S. Solar Market Insight Report for Q3 from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). The residential market, meanwhile, continued...
News Release
US Gulf of Mexico poised for historic year in 2019
- 19 12月 2018
Next year is shaping up to be a good one in the US Gulf of Mexico, with the first increase in drilling in four years, first-ever production from a Jurassic play, key new project sanctions and an uptick in M&A all in the cards, according to Wood Mackenzie's annual US Gulf of Mexico outlook.
News Release
Looming supply chain crunch threatens US wind energy boom
- 09 1月 2019
Read about the potential supply chain issues facing the US wind energy industry & how they may impact its growth.
News Release
Outlook sluggish for upstream M&A
- 21 1月 2019
Upstream dealmakers start 2019 facing an uphill battle. Volatile oil prices and bearish equity markets impede deal flow by creating uncertainty, widening the bid-ask spread, altering financial conditions and making companies re-think near-term strategies. In Q4 2018, as these factors emerged, deal count dropped to its lowest level since Q1 2015, with December the slowest month since January 2015.
News Release
Has FLNG crested the wave?
- 30 1月 2019
Despite its small share of the total liquefied natural gas market, floating LNG (FLNG) has generated outsized interest in recent years. In a world requiring tight capital discipline, FLNG offers lower capital investment and manageable costs, particularly in frontier regions.
News Release
Smoother sailing ahead for upstream supply chain players
- 06 2月 2019
The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to global natural resources consultancy Wood Mackenzie. As project FIDs increase, demand for equipment and services are buoying the prospects for the upstream supply chain.
News Release
Brulpadda delivers the goods for Total
- 07 2月 2019
French major Total and its partners, Qatar Petroleum, Canadian Natural Resources, and Main Street, have made a potentially play-opening discovery with the Brulpadda-1 well, in South Africa’s deepwater Outeniqua basin, about 180 kilometres south-east of PetroSA's Mossel Bay gas-to-liquids plant.
News Release
Golden Pass crests second wave of US LNG
- 05 2月 2019
ExxonMobil and Qatar Petroleum’s announcement that they will proceed with development of the Golden Pass liquefied natural gas (LNG) export project at Sabine Pass, Texas, kicks off what could be a record year for LNG final investment decisions (FIDs). The go-ahead for Golden Pass LNG comes as Anadarko and its partners in Mozambique LNG (Area 1) took a major step towards FID after signing sales and purchase agreements (SPAs) with CNOOC, Tokyo Gas-Centrica and Shell. ExxonMobil (30%) and Qatar Petroleum (70%) said construction at Golden Pass will begin in the first quarter of this year, with start-up scheduled for 2024.
News Release
U.S. energy storage market to double two years running
- 06 3月 2019
The U.S. energy storage market nearly doubled in 2018 and is expected to double again in 2019. According to Wood Mackenzie Power & Renewables and the Energy Storage Association’s (ESA) freshly released U.S. Energy Storage Monitor 2018 Year-in-Review, 777 megawatt-hours of grid-connected energy st...
News Release
Universal electricity access investment surpassed $500 million in 2018
- 04 3月 2019
Total annual investment in the off-grid energy access sector surpassed $500 million in 2018, according to a new report from Wood Mackenzie Power & Renewables and Energy 4 Impact
News Release
U.S. solar market adds 10.6 gigawatts of PV in 2018
- 13 3月 2019
For the third year in a row, the U.S. solar industry installed double-digit gigawatts (GW) of solar photovoltaic (PV) capacity, with 10.6 GW coming online in 2018. The amount was a 2 percent decrease from 2017. However, the forecast shows the market rebounding in the years ahead, according to the...
News Release
723GW of new global wind power capacity expected from 2019 to 2028
- 19 3月 2019
50.2GW of new wind power was added globally in 2018, a 4% increase YoY and the third highest annual total on record, according to the Wood Mackenzie Power & Renewables 'Global Wind Power Market Outlook Update: Q1 2019' report.
News Release
South Korea could miss 2030 renewables target
- 27 3月 2019
South Korea is unlikely to meet its 2030 renewables target, says Wood Mackenzie at a media briefing in Seoul today. According to the consultancy's analysis, renewables will account for about 17% of the country's power mix, a little shy of its original target.
News Release
Global wind turbine order capacity increased 31% in 2018
- 27 3月 2019
Global wind turbine order intake was up 20% in Q4 2018 YoY to nearly 18GW, surpassing 2016's record by 5.4GW, according to new research from Wood Mackenzie Power & Renewables.
News Release
Saudi Arabia to become largest Middle East wind power market by early 2020s
- 08 4月 2019
Saudi Arabia will become a regional heavyweight in wind power by the early 2020s, according to new research by Wood Mackenzie Power & Renewables.
News Release
Southeast Asian upstream M&A could hit US$14 billion
- 25 4月 2019
According to a new report by Wood Mackenzie, Southeast Asia could take centre stage in the region's upstream M&A activity in 2019, with up to US$14 billion worth of assets potentially switching hands.
News Release
What would Australia's Labor win mean for the resources, energy and power sectors?
- 06 5月 2019
Australia's general election is around the corner and Labor looks set for victory. Labor has announced its commitment to reduce Australia’s carbon emissions by 45% between 2005 and 2030, and to reach net-zero pollution by 2050. It has also proposed changes to existing mechanisms to lower energy and gas prices.
News Release
Saudi Aramco and Sempra Energy sign largest LNG deal for 6 years
- 22 5月 2019
Sempra Energy and Saudi Aramco today announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement (HOA), which anticipates the negotiation and finalisation of a definitive 20-year sale-and-purchase agreement covering 5 million metric tons each year from the Port Arthur LNG export project under development.
News Release
Montney total production to increase by 16% in 2019
- 16 5月 2019
Total production in Canada's Montney play will likely reach 10 billion cubic feet equivalent per day (bcfe/d) in 2019, an increase of 16% from 2018, according to new research from Wood Mackenzie.

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