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World heading for a 3-degree C warming trajectory, as political headwinds slow the energy transition

02 5月 2024

A five-year delay to the energy transition could see the global average temperature rise to 3-degree Celsius above pre-industrial levels.

News Release

Renewables and nascent low-carbon technologies most exposed to high interest rates

18 4月 2024

If high interest rates persist, transitioning to a net zero global economy will be even harder and more costly. The higher cost of borrowing negatively affects renewables and nascent technologies, compared to more established oil and gas, and metals and mining sectors, which remain somewhat insulated.

News Release

Asia Pacific could become a global leader in the energy transition

21 2月 2024

Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

News Release

Long-term pause in new US LNG investment could transform market

31 1月 2024

Addressing President Joe Biden’s Executive Order to temporarily pause the approval of new US LNG export projects right to export to countries that the US does not have a Free Trade Agreement (FTA) with (non-FTA), Giles Farrer, head of gas and LNG asset research at Wood Mackenzie said, “the decision will not affect our forecast for US LNG exports out to 2028, but after that it could affect the trajectory and pace of the sector’s growth and have potential to tighten the market in the long run.”

News Release

Key things to watch in North American natural gas for 2024

19 1月 2024

Market expansion continues for the natural gas sector, but a volatile path may lie ahead in 2024. Wood Mackenzie recently released the North America Natural Gas: 5 things to look for in 2024 report. Key themes to watch for include the need for storage development, resilient gas demand, the growth of LNG exports and infrastructure positioning for production growth.

News Release

COP28: Middle East could play a key role in decarbonising global economy

23 11月 2023

Large oil and gas reserves in the Middle East have resulted in especially low domestic energy prices and provide little incentive to transition to low carbon alternatives, according to Wood Mackenzie’s Middle East Energy Transition Outlook report.

News Release

FLNG sector thriving amid projects boom

31 8月 2023

The right economic and geo-political conditions mean that the outlook for the global floating liquified natural gas (FLNG) project sector is bullish according to a new report by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

27 7月 2023

Indonesia’s oil and gas sector must undergo a major overhaul in the way it operates if it is to realise the full potential of the country’s natural resources and support a successful energy transition, according to a new white paper by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

Canadian LNG has potential to meet growing Asian demand

10 7月 2023

Speaking at the LNG2023 conference in Vancouver, Dulles Wang, Director, Americas Gas & LNG at Wood Mackenzie said that with the alignment of several market dynamics, Canada could be positioned to play a much bigger role in global LNG exports.

News Release

Should gas resource holders target LNG exports or blue ammonia?

15 6月 2023

The acceleration of the energy transition means gas resource holders increasingly face a choice: follow the established pathway and develop new LNG export facilities or pivot into developing blue ammonia.

News Release

North American gas market to expand by 25 percent over the next decade, despite headwinds

17 5月 2023

Near-term gas market expansion continues to be driven by global demand for US LNG exports, which will largely be supplied through continued growth in Permian associated gas and Haynesville production, according to a recent report from Wood Mackenzie.

News Release

Australian operators need to collaborate to create super basins

16 5月 2023

Australia’s oil and gas industry needs to urgently fast-track the creation of energy “super basins” to provide a pathway to greater sustainability and cut emissions, according to Anne Forbes, Upstream Research Analyst at Wood Mackenzie.

News Release

Wood Mackenzie appoints new Chief Financial Officer

27 3月 2023

Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Simon Crowe to its global executive leadership team as Chief Financial Officer (CFO), effective 27th March.

News Release

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.

News Release

Veritas Capital completes acquisition of Wood Mackenzie

02 2月 2023

Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk (Nasdaq: VRSK).

News Release

European gas storage plans for 2023 still stand despite cold snap

14 12月 2022

Colder temperatures across Europe have increased month-on-month heating demand by 20% in December, but behavioural change in households and services means the amount of gas used in these sectors is 16% lower than previous average consumption patterns for similar temperatures says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

News Release

LNG exports drive expansion of North American natural gas market, adding 29 bcfd of production by 2033

17 11月 2022

Driven by a surge in LNG exports, the North America natural gas market will support 29 billion cubic feet per day (bcfd) of production from 2022-2033, tripling its current market size, according to a new report from Wood Mackenzie.

News Release

Wood Mackenzie launches Lens Gas & LNG

15 11月 2022

Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, has launched Lens Gas & LNG, a new data analytics solution that offers a uniquely integrated view that connects markets and assets on a global scale.

News Release

Few oil and gas companies commit to Scope 3 net zero emissions as significant challenges remain

28 10月 2022

Scope 3 emissions account for 80-to-95% of total carbon emissions from oil and gas companies. But only a small number of these firms have set Scope 3 net zero ambitions, according to a recent report from Wood Mackenzie.

News Release

Wood Mackenzie predicts European gas demand will continue to fall, helping gas storage outlook for this winter and the following

01 9月 2022

High natural gas prices will continue to drive down European demand to seven percent below the five-year average through March, leaving a best-case scenario of storage levels at 31% at winter’s end, in line with the five-year average, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

News Release

The Australian energy crisis highlights the need for new gas supply

29 8月 2022

With prices soaring 400%, government is challenged to find the delicate balance of energy security and net zero goals

News Release

Stability of Russian gas flows remain uncertain, despite the reopening of Nord Stream

21 7月 2022

Gazprom confirmed today that regular annual maintenance of Nord Stream is officially over and gas flows restarted at 63 million cubic metres per day (mcm/d) – 40% of the pipeline’s overall capacity. The European gas market has reacted, with prices down by 5%; but the stability of Russian gas flows is by no means a given, according to analysts at Wood Mackenzie.

News Release

Wood Mackenzie and Ball Corporation introduce new tool that tracks global LNG liquefaction train statuses in near real-time

13 7月 2022

Wood Mackenzie, Inc. a Verisk business (NASDAQ:VRSK), and Ball Corporation (NYSE: BALL) today announced the launch of Global LNG Liquefaction Monitoring – the first product arising from their strategic agreement to accelerate the development of advanced analytics for energy markets.

News Release

Russia supply reduction via Nord Stream poses risks to gas storage refill in Europe

17 6月 2022

Russia reducing flows via Nord Stream, outages at Freeport and French nuclear downgrades have sent the European natural gas market into an upward spiral with more volatility still to come. And while summer consumption will be covered, analysts at Wood Mackenzie, a Verisk business (Nasdaq: VRSK) say storage refill is at risk unless additional demand and supply measures are taken.

News Release

Complete ban on Russian commodity exports accelerate LNG growth and energy transition

16 6月 2022

War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict, a rewriting of energy trade flows is now underway.

News Release

LNG contracting off to a fast start this year with more than 10 mmtpa signed

16 5月 2022

Demand for long-term LNG contracts continues to gain momentum this year as large volumes have been signed and prices for oil-linked deals under negotiation are rising, according to a recently published LNG contract trends report by Wood Mackenzie.

News Release

Market searches for new Henry Hub ceiling price as supply/demand response remains unusually muted

22 4月 2022

The recent run up in natural gas prices - hitting its highest at Henry Hub since 2008 - is a result of more muted market balancing mechanisms than in the past, say analysts from Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

News Release

How the energy transition can reduce the risk of future shocks

21 4月 2022

Five key lessons from today's energy crisis on how to manage the shift to lower-carbon sources while strengthening energy security

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’.

News Release

Energy transition to trigger steep decline in eastern Australia’s gas demand

08 3月 2022

Eastern Australia’s gas and power markets are at the forefront of Asia Pacific’s energy transition. Markets are undergoing a radical transformation, one which could see gas demand decline by 60% in 2050, depending on the pace of the energy transition, Wood Mackenzie, a Verisk business (Nasdaq:VRSK), said today.

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Search results: 138

World heading for a 3-degree C warming trajectory, as political headwinds slow the energy transition

Renewables and nascent low-carbon technologies most exposed to high interest rates

Asia Pacific could become a global leader in the energy transition

Long-term pause in new US LNG investment could transform market

Key things to watch in North American natural gas for 2024

COP28: Middle East could play a key role in decarbonising global economy

FLNG sector thriving amid projects boom

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

Canadian LNG has potential to meet growing Asian demand

Should gas resource holders target LNG exports or blue ammonia?

North American gas market to expand by 25 percent over the next decade, despite headwinds

Australian operators need to collaborate to create super basins

Wood Mackenzie appoints new Chief Financial Officer

A supercharged China could turn up the heat on global commodities

Veritas Capital completes acquisition of Wood Mackenzie

European gas storage plans for 2023 still stand despite cold snap

LNG exports drive expansion of North American natural gas market, adding 29 bcfd of production by 2033

Wood Mackenzie launches Lens Gas & LNG

Few oil and gas companies commit to Scope 3 net zero emissions as significant challenges remain

Wood Mackenzie predicts European gas demand will continue to fall, helping gas storage outlook for this winter and the following

The Australian energy crisis highlights the need for new gas supply

Stability of Russian gas flows remain uncertain, despite the reopening of Nord Stream

Wood Mackenzie and Ball Corporation introduce new tool that tracks global LNG liquefaction train statuses in near real-time

Russia supply reduction via Nord Stream poses risks to gas storage refill in Europe

Complete ban on Russian commodity exports accelerate LNG growth and energy transition

LNG contracting off to a fast start this year with more than 10 mmtpa signed

Market searches for new Henry Hub ceiling price as supply/demand response remains unusually muted

How the energy transition can reduce the risk of future shocks

Domestic UK oil & gas can reduce reliance on energy imports

Energy transition to trigger steep decline in eastern Australia’s gas demand