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News Release
East Coast gas prices could rise 30 percent in five years
- 25 May 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 May 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.
Comment
US Gulf of Mexico Lease Sale 250
- 22 March 2018
On Wednesday, 21 March 2018, the US held its region-wide GoM Lease Sale 250, attracting 159 bids from 33 participating companies, with high bids totalling US$124.8 million. The total of high bids represents a modest increase of about US$3 million over last year's August region wide Lease Sale 249 but is still a lacklustre result.
News Release
TransCanada receives approval for Keystone XL pipeline
- 21 November 2017
TransCanada receives regulatory approval from the Nebraska Public Service Commission to proceed with building its Keystone XL pipeline after almost a decade of environmental and regulatory hurdles.
News Release
Global upstream FIDs on track to double in 2017
- 17 July 2017
In the first half of the year, the industry has already witnessed 15 project sanctions, almost comparable to project sanctions in the whole of 2016.
1688 related products from the Store that match
- Asset Report
  Qaidam Basin (Qinghai fields)
  - 28 October 2025
  The Qinghai fields complex is located in the Qaidam Basin, an intermontane oil and gas-bearing basin in northwest China. The complex is the fourth-largest gas-producing region onshore China, after Sichuan, Ordos and Tarim. The Sebei gas field is the key project and has maintained over 480 mmcfd of production over the past 13 years. Gas supplies markets in four provinces - Gansu, Qinghai, Ningxia…
- Asset Report
  Tobago (AC 859)
  - 28 October 2025
  Tobago (AC 859) is a small oil and gas field located in the remote southern region of the Alaminos Canyon protraction area in the US Western Gulf of Mexico. The field has been developed as a single-well subsea tie-back to the Perdido Regional Development, which includes Shell's Great White and Silvertip fields (see separate analyses). The field is thought to lie primarily in two blocks: AC 859 and…
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News Release
Return of Asian investment in US tight oil
- 08 May 2017
If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.
News Release
Revival of deepwater industry: best projects closing gap
- 30 March 2017
The deepwater industry has emerged from the downturn leaner and more competitive with US tight oil
News Release
Russia supply reduction via Nord Stream poses risks to gas storage refill in Europe
- 17 June 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
Asia Pacific could become a global leader in the energy transition
- 21 February 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.
Opinion
The Asia energy market outlook for 2020
- 06 January 2020
A new year, a new decade and a lot of uncertainty across Asia’s energy markets. To kick off 2020 I spoke to several WoodMac analysts in the region to hear their predictions for the coming 12 months. I hope their thinking might surprise you!
Comment
ExxonMobil and QP land a giant with Glaucus
- 28 February 2019
ExxonMobil and partner Qatar Petroleum today announced they made a major gas find with the Glaucus-1 well, drilled offshore Cyprus. “Glaucus is a giant,” Robert Morris, senior research analyst, Europe upstream, at global natural resources consultancy Wood Mackenzie, said. He added: “It will be one of the biggest discoveries of the year."
Opinion
Are Japan’s upstream players heading for the exit?
- 02 February 2021
Japan’s trading houses are re-thinking their long-term strategies around upstream investment.
Opinion
ARA Gasoil Inventories
- 22 November 2024
Get a complimentary copy of our report highlighting how inventory builds, draws, and trend reversals influenced gasoil prices from Q3 2023 to Q3 2024.
Opinion
Will India’s new regulations release pressure on LNG?
- 04 September 2023
Recent gas regulatory and policy changes should increase overall gas demand and improve LNG attractiveness at higher spot prices.
Editorial
Can the right fiscal terms revive Asia-Pacific's upstream sector?
- 27 February 2019
Asia-Pacific's upstream industry has been plagued by declining oil production, exploration and licensing activity. Since 2014, exploration investment in the region has fallen 66% to around US$6 billion in 2018, reducing the hopper of new development opportunities.
Comment
Can the North Sea survive the price rout?
- 23 March 2020
The North Sea has weathered several storms in its 50-year existence. But the events of the past few weeks mean the sector is entering uncharted waters. The coronavirus pandemic and collapse in OPEC+ production restraint has seen Brent reach its lowest point since 2003.
Opinion
When will the global gas market recover from coronavirus?
- 26 May 2020
The coronavirus global pandemic and subsequent collapse in oil price has had a profound impact on global gas markets, changing supply and demand fundamentals. The timing of the global gas market recovery is the biggest uncertainty.
News Release
Europe needs to change course to hit 2030 emissions target
- 18 February 2021
Europe’s new 2030 emissions target of a 55% reduction over 1990 levels has made it the undisputed global leader in climate ambition. However, with the region still a long way from achieving this rapidly approaching goal, dramatic changes are needed.
Opinion
Electric vans on the brink of a commercial breakthrough
- 16 April 2021
There is a dispute over whether the US Postal Service should buy EVs, but the private sector is pressing ahead with orders.
News Release
OPEC+ deal balances consumer pressure with need for stable prices
- 23 June 2018
The OPEC+ meeting, held in Vienna on 23 June 2018, confirmed Saudi Arabia and Russia’s high-level commitment to co-operate to manage the oil market.
News Release
EU’s ‘Fit for 55’ lays out bloc’s green blueprint
- 14 July 2021
Europe is at the forefront of the shift to net zero, both in ambition, but also in terms of how to make rapid and deep decarbonisation a reality. The world needs to reduce carbon dioxide (CO2) emissions as quickly as possible. Not doing so means we will need to turn to expensive and unproven technologies to withdraw CO2 from the atmosphere later this century.
Opinion
What factors could influence the pace of the energy transition?
- 29 August 2019
The energy transition is well underway. But huge challenges still stand in the way of decarbonisation. What could influence the pace and scale of the transition? David Brown investigates.
Opinion
China’s bull run keeps it top dog in renewables
- 23 February 2022
China just re-wrote the global energy record book. Driven by the country’s surging economic growth, 2021 saw China record the largest ever absolute annual increase in electricity demand by any country in history.
News Release
Europe emerges as global LNG price-setter
- 27 May 2021
Global liquefied natural gas (LNG) markets were set to tighten over the next five years, driven by a slowdown in global LNG supply growth. But Europe’s market dynamics are turbo-charging the price recovery, with TTF currently trading close to US$9 per million British thermal units (/mmbtu), a level not seen since mid-2018. Following the recent winter spot price spike in Asia, the European market has been sustaining global LNG prices, making the region a battleground for global LNG price formation, new research from global natural resources consultancy Wood Mackenzie found.
Comment
Bumpy road ahead as SEA navigates energy transition but opportunities aplenty
- 04 August 2021
Wood Mackenzie is organising the 2021 Southeast Asia Energy Forum today. Experts will be discussing key issues and opportunities facing the region’s energy industry over the coming decades.
Opinion
China becomes the world’s largest LNG market
- 16 June 2021
With Japan’s LNG demand in long-term structural decline, China will this year become the world’s largest LNG market.
Opinion
LNG regasification: why there’s still plenty of gas in the tank
- 08 September 2020
The regasification sector is in a strong position despite the short-term hit from Covid-19. Investment in further capacity is increasing, driven by the likelihood of robust long-term LNG demand growth.
Opinion
European oil storage: Competitiveness is key to identifying sustainable investments
- 22 March 2017
Major transactions within Europe’s oil storage sector have resulted in an estimated 22 million barrels of capacity changing hands in 2016.
News Release
A supercharged China could turn up the heat on global commodities
- 23 March 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
Oil price rout may trigger major industry shake-up
- 10 March 2020
As global markets reel in the wake of the oil price crash, Wood Mackenzie’ corporate analysis team believes the price collapse could be the trigger for a new phase of deep industry restructuring - one that rivals the changes seen in the late-1990s.

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Search results: 2072

East Coast gas prices could rise 30 percent in five years

A new era for oil and gas in Mexico

US Gulf of Mexico Lease Sale 250

TransCanada receives approval for Keystone XL pipeline

Global upstream FIDs on track to double in 2017

1688 related products from the Store that match

Qaidam Basin (Qinghai fields)

Tobago (AC 859)

Return of Asian investment in US tight oil

Revival of deepwater industry: best projects closing gap

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

Asia Pacific could become a global leader in the energy transition

The Asia energy market outlook for 2020

ExxonMobil and QP land a giant with Glaucus

Are Japan’s upstream players heading for the exit?

ARA Gasoil Inventories

Will India’s new regulations release pressure on LNG?

Can the right fiscal terms revive Asia-Pacific's upstream sector?

Can the North Sea survive the price rout?

When will the global gas market recover from coronavirus?

Europe needs to change course to hit 2030 emissions target

Electric vans on the brink of a commercial breakthrough

OPEC+ deal balances consumer pressure with need for stable prices

EU’s ‘Fit for 55’ lays out bloc’s green blueprint

What factors could influence the pace of the energy transition?

China’s bull run keeps it top dog in renewables

Europe emerges as global LNG price-setter

Bumpy road ahead as SEA navigates energy transition but opportunities aplenty

China becomes the world’s largest LNG market

LNG regasification: why there’s still plenty of gas in the tank

European oil storage: Competitiveness is key to identifying sustainable investments

A supercharged China could turn up the heat on global commodities

Oil price rout may trigger major industry shake-up