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News Release
Is the end of the global energy transition closer than we think?
- 17 October 2018
Is the Global Energy Transition on track? A new report by Wood Mackenzie, Thinking global energy transitions: the what, if, how and when, explores the forces shaping the energy transition, and pinpoints the sustainability tipping point – when the world shifts from the age of oil and gas to the age of power and renewables – will arrive by 2035.
Comment
New wave of growth on the horizon for Asia-Pacific's oil and gas sector
- 15 October 2018
Asia-Pacific's oil and gas sector looks set to rebound over the next 12 months as rising demand, stronger commodity prices and an uptick in M&A activity bring greater confidence to the region. Wood Mackenzie predicts rising Asian LNG demand, the return of China's NOCs to growth mode and new appetite for upstream investment to be key factors influencing the sector, not only Asia-Pacific, but also globally into 2019.
Comment
China's retaliatory tariff on US LNG
- 19 September 2018
In the 12 months up until June 2018, China was the second largest buyer of US LNG, accounting for approximately 3 mmtpa of US LNG, with Shell being the largest seller. However as the US-China trade dispute escalated, Chinese buyers have gradually reduced purchases of US LNG.
News Release
China's mega crude-to-chemicals projects may deal knockout blow to regional PX exporters
- 21 August 2018
Higher base chemicals demand and feedstock security for heavy naphtha are driving the development of a new wave of mega-integrated refinery and chemical sites in China. Private Chinese chemical producers, including Hengli and Rong Sheng, are back-integrating their chemical plants with refineries by building mega-integrated facilities. Wood Mackenzie expects these projects to come on stream in the next 12 to 24 months.
Comment
Market implications of Chinese tariffs on US LNG
- 03 August 2018
Today China announced retaliatory tariffs on $60 billion worth of American imports, in response to the Trump administration's latest trade threats. The list included a 25% tariff on LNG.
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- Insight
  The US LNG boom: what’s driving investment and what could shift the momentum
  - 18 December 2025
  US LNG development reached historic heights in 2025 with nearly 67 mmtpa reaching FID - representing over $60 billion in capital commitments and setting a new industry record. This unprecedented boom reflects the rare convergence of three critical factors: comprehensive policy support across all branches of US government, abundant capital availability through innovative financing structures, and…
- Insight
  A Structural Deficit Drives Colombia's Pivot: From Onshore Producer to Coastal Importer
  - 15 December 2025
  Colombia’s natural gas market is entering a decisive transition. Rapid depletion of onshore basins is colliding with rising industrial demand, forcing the system to rely increasingly on LNG imports and offshore developments. As supply shifts toward the coasts and demand concentrates inland, infrastructure constraints, project execution risks, and higher prices are becoming central to market…
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News Release
OPEC producers key to world supply through to 2040
- 16 July 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
Rise in new players in Southeast Asia's upstream sector
- 28 June 2018
Since the fall in oil prices in 2014, oil majors and international oil companies (IOCs) have accelerated a shift towards resource themes and regions offering higher returns, lower complexity and shorter timeframes, away from the more challenging regions such as Southeast Asia. To date, close to 800 million barrels of oil equivalent (boe) of the region's resources have left the hands of majors and IOCs.
Comment
Mexico’s Deepwater Round 2.4 Receives Significant Bids
- 31 January 2018
Mexico’s second deepwater licensing round closed today on a high note with 19 of 29 offered blocks awarded, raising more than US$500 million in cash payments. Shell dominated the auction, snapping up nearly half of all blocks awarded. In the Perdido Area, the company won five of six awarded blocks.
Comment
India to double oil products growth in 2018
- 19 January 2018
India is poised to double its oil product demand growth (190 kb/d) in 2018 after a sluggish 2017, when demand grew by only 93 kb/d. Last year, demand growth was at its slowest in the past three years.
News Release
OPEC stays the course with production deal
- 01 December 2017
OPEC and non-OPEC producers agree to extend production curbs through 2018
News Release
When will the market face peak demand?
- 18 October 2017
The market is no stranger to peak oil. But industry focus is shifting from concerns about peak oil supply to a more concrete threat– peak demand. The Rise and Fall of Black Gold, released today by Wood Mackenzie, is a comprehensive, cross-commodity, cross-value chain analysis of peak demand. The report identifies the drivers as well as the potential impact of this global transformation – across regions, sectors, and fuels.
Comment
Wood Mackenzie commentary on India CERA Week
- 09 October 2017
To mark the start of the India Energy Forum by CERA week, Wood Mackenzie analysts weigh in on the country's oil and gas outlook and production prospects.
Comment
Beach's production to increase 160% post Origin gas assets acquisition
- 26 September 2017
Following the announcement of Beach Energy's US$1.25 million acquisition of Origin Energy’s subsidiary, Lattice Energy, our Australasia senior analyst Chris Meredith, weighs in on the deal.
News Release
US gasoline demand poised to decline by over 1.7 million b/d by 2030
- 20 March 2017
Gas demand may be nearing a new peak due to stringent fuel efficiency standards and shifting demographics.
News Release
Better times head for the UKCS, but investment still a concern
- 17 January 2017
Wood Mackenzie expects a modest recovery due to the improving oil price.
News Release
Seasonality takes centre stage in Egyptian gas market
- 12 January 2017
Egypt's fortunes look set to change after five years of falling production and switching from a net exporter to a net importer.
News Release
Potential US refined oil product export ban would challenge already constrained global markets and refining systems
- 25 October 2022
A proposed US refined product export ban would save US consumers at the gasoline pump but pose significant challenges and costs to US and global refining systems, according to a recent analysis from Wood Mackenzie.
News Release
Wood Mackenzie launches Lens Gas & LNG
- 15 November 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
LNG exports drive expansion of North American natural gas market, adding 29 bcfd of production by 2033
- 17 November 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
OPEC+ prepares for market uncertainty with continued 2 million b/d production cut
- 06 December 2022
Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said “The decision by OPEP+ to continue with its recently agreed 2 million barrels per day (b/d) production cut through the end of 2023 is not a surprise, given the uncertainty in the market over the impact of the 5 December EU Russia crude oil import ban and the G7 price cap. In addition, the producers group faces downside risk from the potential for weakening global economic growth and China’s zero Covid policy.”
News Release
New mid-caps in Brazil aim to increase mature asset reserves almost 1 billion boe by 2035
- 06 December 2022
With Petrobras divesting in many of its mature assets, new mid-cap upstream operators entering the Brazilian market will invest US$10 billion in capital investments during the next decade, boosting the production from these assets through 2027 and increasing remaining reserves by 980 million barrels of oil equivalent (mmboe) by 2035, according to a report from Wood Mackenzie, a Verisk business.
News Release
Veritas Capital completes acquisition of Wood Mackenzie
- 02 February 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
Wood Mackenzie appoints new Chief Financial Officer
- 27 March 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
Implications of OPEC+ meeting for H2 2023
- 07 June 2023
The decision by OPEC+ to extend current production cuts and an additional voluntary 1 million b/d reduction for July from Saudi Arabia should provide support for prices in the rest of 2023, according to Wood Mackenzie.
News Release
US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s
- 20 July 2023
Despite concerns about underinvestment in upstream, peak oil and gas demand can be met in the 2030s without a substantial increase to current annual asset development investment levels of US$500 billion in 2023 terms, according to a new Horizons report from Wood Mackenzie.
News Release
FLNG sector thriving amid projects boom
- 31 August 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
Key things to watch in North American natural gas for 2024
- 19 January 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
LFG-to-RNG production to more than double by 2030, but project success depends on location and scale
- 12 August 2024
Landfill gas remains the most popular feedstock option for renewable gas production (LFG-to-RNG), but project pre-tax breakeven prices can range, with success relying heavily on location and scale, according to a new report from Wood Mackenzie.
News Release
Increasing subsidies for anthropogenic carbon capture destined for CCS-EOR to levels for CCS-Storage would lower global emissions
- 26 July 2024
Captured CO2 for enhanced oil recovery (CCS-EOR) has fallen out of favor in recent years and been supplanted by captured CO2 to dedicated sequestration (CCS-Storage), however, a new analysis shows that CCS-EOR will often deliver lower emissions and better support the energy transition, according to a series of reports from Wood Mackenzie.
News Release
Renewables and nascent low-carbon technologies most exposed to high interest rates
- 18 April 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.

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Search results: 1066

Is the end of the global energy transition closer than we think?

New wave of growth on the horizon for Asia-Pacific's oil and gas sector

China's retaliatory tariff on US LNG

China's mega crude-to-chemicals projects may deal knockout blow to regional PX exporters

Market implications of Chinese tariffs on US LNG

390 related products from the Store that match

The US LNG boom: what’s driving investment and what could shift the momentum

A Structural Deficit Drives Colombia's Pivot: From Onshore Producer to Coastal Importer

OPEC producers key to world supply through to 2040

Rise in new players in Southeast Asia's upstream sector

Mexico’s Deepwater Round 2.4 Receives Significant Bids

India to double oil products growth in 2018

OPEC stays the course with production deal

When will the market face peak demand?

Wood Mackenzie commentary on India CERA Week

Beach's production to increase 160% post Origin gas assets acquisition

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

Better times head for the UKCS, but investment still a concern

Seasonality takes centre stage in Egyptian gas market

Potential US refined oil product export ban would challenge already constrained global markets and refining systems

Wood Mackenzie launches Lens Gas & LNG

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

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

New mid-caps in Brazil aim to increase mature asset reserves almost 1 billion boe by 2035

Veritas Capital completes acquisition of Wood Mackenzie

Wood Mackenzie appoints new Chief Financial Officer

Implications of OPEC+ meeting for H2 2023

US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s

FLNG sector thriving amid projects boom

Key things to watch in North American natural gas for 2024

LFG-to-RNG production to more than double by 2030, but project success depends on location and scale

Increasing subsidies for anthropogenic carbon capture destined for CCS-EOR to levels for CCS-Storage would lower global emissions

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

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