ADNOC acquires 10.1% stake in CCUS player Storegga

• 19 January 2024

ADNOC has taken a 10.1% stake in UK-based CCUS player Storegga. The transaction represents ADNOC’s first international equity investment in carbon management and supports its long-term strategy for the transition.

Gas outlook: European oversupply and low prices

• 15 September 2017

A wave of new LNG will be seeking a market in Europe over the next five years, causing widespread oversupply and low gas prices.

Extreme weather and fast LNG dominate US natural gas news

• 06 September 2024

A summary of news of what’s been happening in the US market

The key takeaways from our PJM, MISO and ERCOT seasonal outlook webinars

• 27 September 2023

What are the current topics creating a buzz for major US electricity grid operators?

ADNOC doubles net hydrogen production through stake in ExxonMobil’s Baytown project

• 01 October 2024

The ExxonMobil Baytown Blue Hydrogen complex has announced major developments in recent months, rounded off by ADNOC taking a 35% stake in the project. The project – if developed – would become the world's largest blue hydrogen project, producing 0.9 million tonnes per annum (Mtpa) of blue hydrogen and 1 Mtpa of blue ammonia.

Teaming up with CWC for the LNG and Gas Summit

• 12 March 2018

Reactions from the CWC LNG and Gas Summit held this year in Tokyo.

The unique role that oil and gas companies have in the energy transition

• 20 September 2022

What competitive advantages do oil and gas companies have to reduce global emissions as part of the energy transition?

Key things to watch in upstream in 2024

• 11 January 2024

Geopolitical tensions, a record year for elections and economic uncertainty will define the backdrop to the upstream industry in 2024. Wood Mackenzie recently released its What to Look for in 2024 upstream series. Key themes to watch in global and corporate upstream include continued consolidation, increased activity from NOCs, reversing decarbonisation gains, shifts in strategic playbooks and an upstream investment plateau.

The Biden administration seeks help on fuel prices

• 18 March 2022

The cost of gasoline has become a political problem for President Biden. He does not have many options for bringing it down.

Plastic demand: sectoral overview

• 15 August 2024

Plastics have enjoyed popularity across multiple sectors for decades, but times are changing. As environmental and economic pressures mount, will demand hold up?

Demystifying the evolving gas industry

• 19 April 2023

Shell Energy discusses that while the goal is to move towards a more sustainable energy mix, gas will continue to play an important role in our energy transition.

NGL Service

Gain insight into North American NGL markets with regional and national perspective on ethane, propane, butanes and pentane at Wood Mackenzie.

Offshore costs: why planning and relationships are key

• 12 September 2024

Supply chain cost inflation is easing, but the market will remain tight and vulnerable to shocks.

New CEO Looney rings changes at BP with ambitious climate plan

• 12 February 2020

Speaking after BP’s new chief executive Bernard Looney unveiled the major’s ambitious climate commitments today, Luke Parker, vice president, corporate analysis, said: “BP joins Shell, Total, Equinor and Repsol in making a major commitment to reduce its net carbon footprint. “This marks a major turnaround in BP’s position. Just 12 months ago former CEO Bob Dudley said the company could not be held accountable for how people use its products. Looney is taking the company in a very different direction.” Parker added: “It’s an ambition, rather than a target, but the commitment appears to be unconditional. In terms of scale of commitment, this puts BP towards the top of the pack, along with Repsol and Equinor. “This will see BP’s business completely transformed over the coming decades: renewables and carbon abatement will get very big, legacy oil and gas will eventually get smaller. But the transition to 2050 is a multi-decade transition - not something that will happen in the next year or so.”

Full steam ahead for Tortue FLNG

• 21 December 2018

Sanctioning the Tortue FLNG project, offshore Mauritania/Senegal is a 'major milestone' for BP and its partners

Dividends or growth – Big Oil’s dilemma

• 27 July 2017

The industry is adapting to low oil prices. But can upstream grow in this environment? The question is a profound one, the answer in reality more about sustaining the business and maximising returns rather than pursuing growth.

US solar PV system costs increase in 2021

• 02 September 2021

Rising metals prices, banned materials and uncertainty around product availability and shipping schedules all contribute to rising solar PV system costs.

Biden administration and what it means for China and rest of Asia Pacific

• 20 January 2021

As Biden’s inauguration approaches, Wood Mackenzie experts share how his administration could impact trade, climate change goals, and changes to the energy sector in Asia Pacific.

US gasoline prices hit record highs

• 10 June 2022

Refining capacity constraints, OPEC+ strategy and investor demands have driven up fuel prices worldwide, with little prospect of relief in the short term.

Australia 2019: exploration and M&A activity abound

• 22 March 2019

Listen to Asia Pacific Energy Brief, episode 14: Australia 2019: exploration and M&A activity abound

The coming US low-carbon energy boom

• 27 January 2023

The extensive tax credits and other subsidies for low-carbon energy included in the Inflation Reduction Act have been widely seen as propelling the US into first place as a location for investment in those technologies.

What are today’s most transformative energy transition technologies?

• 15 July 2022

The innovation that unlocks a lower-carbon future, from EVs to solar cells and the future of nuclear.

The future of gas investment

• 12 November 2020

Capital is the lifeblood of the global gas industry. But with investment criteria changing fast, companies must respond.

China’s war on waste means more than just clean plates

• 24 March 2021

In re-launching the ‘Clean Plate’ campaign in August last year, President Xi Jinping urged all of China to “maintain a sense of crisis about food security”. This is of course an important message in and of itself, given the huge amounts of energy, water and land involved in food production in China.

Can LNG save China from winter gas shortages?

• 30 November 2017

With new restrictions on the use of coal for heating in ‘2+26’ cities and the industrial sector, China’s gas demand is set to hit record highs this winter — growing by 23 bcm.

The nuclear moment

• 22 October 2021

Gas and coal prices have soared while governments commit to ambitious goals for cutting emissions. Nuclear power can be part of the solution.

The US oil Majors set the pace in the Permian Basin

• 04 February 2022

ExxonMobil and Chevron's oil and gas production plans in Texas and New Mexico, Georgia Power look to exit coal and the surging interest in CCUS and hydrogen.

Europe can satisfy gas demand for now – but longer-term outlook is uncertain

• 23 February 2022

Despite fears that Europe may face a gas crunch following the cancellation of Nord Stream 2, analysts at global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) say Europe is currently in a better situation than it was at the start of the 2021/22 winter.

What price LNG

• 16 June 2022

Europe's scramble to replace Russian gas has sent global prices through the roof. It's an opportunity for LNG suppliers but an extremely challenging market for utilities and traders.

Downstream consistency holds lessons for upstream

• 23 March 2017

Downstream continues to demonstrate robust financial performance while upstream struggles.