Search | Wood Mackenzie

Skip to main content

Search

Refine results

Search results: 84

Sort by

Comment
Deeper OPEC+ supply cuts sends supportive signal to markets
- 06 十二月 2019
After a marathon meeting, running late into the night of 5 December, the OPEC+ group has agreed to continue its current production restraint of 1.2 million barrels per day (b/d), and will add a further 0.5 million b/d of supply cuts through to March 2020.
News Release
JCC-indexed LNG contracts could lose US$15 billion value post IMO 2020
- 21 十一月 2019
Wood Mackenzie’s latest report reveals that LNG sellers with contracts linked to JCC (Japan Crude Cocktail) could lose some US$15 billion in unearned revenues. This is a result of the IMO 2020 regulation limiting sulphur content of marine fuels to up to 0.5%, which directly affects the price of sour crudes such as those composing the JCC mix. The IMO 2020 kicks in on 1st January 2020.
News Release
OPEC+ aims for balance as it rolls over output curbs
- 02 七月 2019
Speaking as the OPEC and OPEC+ meetings ended in Vienna today, Ann-Louise Hittle, vice president, Macro Oils, at global natural resources consultancy Wood Mackenzie, said: “The agreement to roll over production restraint was a foregone conclusion after the green light from Russia’s president, Vladimir Putin, at the G20 meeting for continued production restraint."
News Release
The Australian energy crisis highlights the need for new gas supply
- 29 八月 2022
With prices soaring 400%, government is challenged to find the delicate balance of energy security and net zero goals
News Release
Wood Mackenzie predicts European gas demand will continue to fall, helping gas storage outlook for this winter and the following
- 01 九月 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).
Comment
Wood Mackenzie weighs in on COP26 key takeaways
- 15 十一月 2021
Following the conclusion of the COP26 on November 13, Wood Mackenzie experts weigh in on the key developments of the conference.
News Release
Action to achieve Paris climate goals will upend oil and gas prices
- 15 四月 2021
If the world acts decisively to limit global warming to 2°C by 2050, the scale of change will revolutionise the energy industry. Progressive electrification will squeeze the most polluting hydrocarbons out of the energy mix, nearly eliminating their markets. Oil demand will shrink, and with it, so will the power of major oil producers. Gas demand will remain resilient, but business models will need to evolve.
Comment
Qatar Petroleum takes FID on North Field East
- 09 二月 2021
Qatar Petroleum announced that it has taken final investment decision (FID) on the North Field East project.
News Release
Malaysia offers significant gas opportunities
- 24 六月 2019
According to research by natural resources consultancy Wood Mackenzie, Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia, primarily due to the need for additional gas supply.
News Release
US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s
- 20 七月 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
Russia supply reduction via Nord Stream poses risks to gas storage refill in Europe
- 17 六月 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
China’s LNG imports to see unprecedented decline in 2022
- 19 七月 2022
China’s LNG imports are set to fall over 14% year-on-year to 69 million tonnes (Mt) in 2022, the largest decline since it began LNG imports, says Wood Mackenzie.
News Release
A supercharged China could turn up the heat on global commodities
- 23 三月 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
India needs radical transformation to reach net zero emissions by 2070
- 27 七月 2023
How can India attain its net zero emissions goal by 2070, in line with global pledges to reach net zero emissions by mid-century? Wood Mackenzie analyses the scenario in its latest report ‘India energy transition pathways 2070’, concluding that the country must radically transform its energy landscape and prioritise renewable energy, electrification, hydrogen adoption, and carbon removal strategies.
News Release
World must double-down on plans to achieve net zero by 2050
- 23 三月 2022
Over the last year, strong demand recovery and a lack of investment in supply has caused prices to rise across sectors. Energy security and geopolitical tensions have added unprecedented uncertainty to markets across the globe. On top of that, countries and corporations still bear the massive challenge of limiting global warming to 1.5 ˚C.
News Release
OPEC+ maintains production plan
- 27 四月 2021
OPEC+ is, as expected, holding firm to its decision to increase supply, gradually and carefully, over the coming months.
News Release
China’s green ambitions can complement energy security and economic goals
- 18 三月 2021
Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals.
Comment
Market set to tighten as OPEC+ agrees to extend 9.7 million b/d output cut
- 06 六月 2020
OPEC+ today (6 June 2020) agreed a one-month extension of the 9.7 million barrels per day (b/d) production cut. The extension will tighten the market further and could see Brent prices rise from the current $40/bbl toward $45-to-$50/bbl.
News Release
Oil price rout may trigger major industry shake-up
- 10 三月 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.
News Release
OPEC+ ‘no deal’ a blow to the market
- 06 三月 2020
The OPEC+ meeting broke up without a deal, what does it mean for the markets?
Comment
Brent set to average $65/b in 2019
- 21 一月 2019
Global markets were volatile heading into the new year. Oil has been no exception, with Brent trading between $62 per barrel on 7 December 2018 before falling to $51/b on 21 December. Mixed macroeconomic data have driven much of the volatility, with political uncertainty compounding concerns of a sharper than expected economic slowdown. What's the outlook for 2019?
Comment
Medco Energi's potential takeover of UK-listed Ophir Energy
- 02 一月 2019
On the first day of 2019, Ophir announced it was in talks with Indonesia's Medco Energi regarding a cash takeover. No amount or other details have yet been released, other than Medco has to make a clear binding offer by the 28th of January if a deal is to proceed. Ophir's upstream portfolio includes assets in Thailand, Vietnam, Indonesia, Malaysia, Equatorial Guinea and Tanzania. It also has exploration acreage in Mexico and Bangladesh.
Comment
OPEC and Russia agree output deal
- 07 十二月 2018
OPEC and its allies agreed a 1.2 million barrel per day cut after two days of tense meetings in Vienna.
News Release
OPEC+ deal balances consumer pressure with need for stable prices
- 23 六月 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.

Viewing page 3 of 3