• News Release

  East Coast gas prices could rise 30 percent in five years

  • 25 五月 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.

• Comment

  China retaliates with tariffs on $34 billion worth of US goods

  • 18 六月 2018

  Following China's imposition of retaliatory tariffs on US goods over the weekend, our experts weigh in on the potential impact the move will have on different commodities.

• Comment

  Potential gas shortfall in Australia's East Coast starting between 2023 and 2025

  • 22 六月 2018

  In contrast to the 2018 GSOO released today by the AEMO, Wood Mackenzie’s East Coast Gas report identifies a potential gas shortfall between 2023 and 2025, significantly earlier to the GSOO’s estimate of 2030.

• News Release

  Australian gas shortages loom as LNG exporters and domestic consumers compete for supply

  • 11 九月 2018

  The pace and scale of transformation in the east Australian gas market over the past five years has put gas – both its availability and its pricing – firmly on the country’s political agenda. Global natural resources consultancy Wood Mackenzie today releases its Australia East Coast Gas Market Outlook 2018-2032. The report offers a comprehensive overview of the dynamics shaping the gas market, including the drivers of domestic gas demand, how gas flows will change and price dynamics.

• 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

  Major LNG buyers' uncontracted demand to quadruple by 2030

  • 13 十二月 2018

  Wood Mackenzie's latest research reveals that uncontracted demand by the world's seven largest LNG buyers could quadruple to 80 million tonnes per annum (mmtpa) by 2030.

• 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.

• News Release

  Outlook sluggish for upstream M&A

  • 21 一月 2019

  Upstream dealmakers start 2019 facing an uphill battle. Volatile oil prices and bearish equity markets impede deal flow by creating uncertainty, widening the bid-ask spread, altering financial conditions and making companies re-think near-term strategies. In Q4 2018, as these factors emerged, deal count dropped to its lowest level since Q1 2015, with December the slowest month since January 2015.

• 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

  India commissions first east coast LNG terminal

  • 07 三月 2019

  India's first east coast regas project, Ennore LNG terminal, was commissioned yesterday by Indian Oil Corporation (IOCL). Wood Mackenzie's senior analyst Kaushik Chatterjee shares the significance of this project and how this marks the beginning of India doubling its regas capacity to 56.5 million metric tonnes per annum (mmtpa) by 2025.

• Comment

  IMO 2020 – what does it mean for downstream, upstream, LNG and bulks sectors?

  • 07 五月 2019

  Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie's Asia Pacific experts weigh in on what this means for the different sectors.

• 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."

• Comment

  Santos to acquire ConocoPhillips northern Australian assets

  • 14 十月 2019

  Santos announced today its plans to acquire ConocoPhillips’s northern Australian portfolio. This is a logical and attractive transaction for a number of reasons.

• Comment

  Total expands partnership with Adani on India's gas market

  • 14 十月 2019

  Total announced today its partnership with Adani Group which includes two LNG terminals, Dhamra in East India and potentially Mundra in the West, as well as Adani Gas Limited, one of the 4 main distributors of city gas in India of which Adani holds 74.8% and of which Total will acquire 37.4%.

• 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+ set to make its choice

  • 05 十二月 2019

  OPEC+ gathers today and tomorrow to decide if the group should roll over its production restraint agreement or consider deeper cuts. The current agreement to reduce output by 1.2 million b/d runs to end March 2020. Ann-Louise Hittle, vice president, Macro Oils, said: “The idea of deeper cuts has been broached, but we consider that less likely to reach full agreement than a rollover of the standing agreement. The need for production restraint is clear. Slower US production growth is not enough to offset the ongoing imbalance between global supply and demand.”

• 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

  Asia Pacific gas and LNG - 6 themes to watch in 2020

  • 13 一月 2020

  Wood Mackenzie has identified six themes that will impact Asia Pacific’s gas and LNG markets in 2020.

• Comment

  US and China sign Phase One trade deal

  • 16 一月 2020

  Wood Mackenzie's Gavin Thompson provides a commentary on the US-China Phase One trade deal

• Comment

  China’s demand drops for first time since 2009 as coronavirus hits oil markets

  • 04 二月 2020

  The near-term impact of the coronavirus outbreak on oil demand remains uncertain as much depends upon when and how China’s manufacturing industry restarts after the currently extended Lunar New Year public holiday.

• 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?

• 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.

• Comment

  Industry slashes spending as price rout deepens: Can companies cope?

  • 19 三月 2020

  Survival mode has returned to the oil and gas sector as the oil price rout deepens. Corporate financials are in better shape than during the 2014/2015 crash, but room for manoeuvre is limited. Can companies cope with prices this low?

• Comment

  Can the North Sea survive the price rout?

  • 23 三月 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.

• Comment

  India’s 21-day lockdown – Impact on commodities?

  • 30 三月 2020

  India is under a three-week lockdown from 25 March to contain the spread of the coronavirus outbreak. Wood Mackenzie analysts discuss what this means for the power, coal, gas and LNG, and oil products sectors.

• Comment

  Collapsing demand sets the terms in the OPEC+ battle for market share

  • 09 四月 2020

  Since OPEC+’s failure to agree on production restraint on 5-6 March, the implications of the Covid-19 pandemic have become far clearer, sparking a crisis in the oil market as prices fell and supply ramped up. The problem for these producers is the scale of the fall in oil demand, especially during April and forecast for Q2 2020. No matter the size of the varying forecasts, they all point to a challenging market that puts pressure on storage space and prices.

• Opinion

  Big Oil commits to dividends in troubled times

  • 30 十月 2020

  The US and European majors showed how cash distributions are a crucial part of their appeal to investors in the energy transition

• Opinion

  Rising costs will hit solar investment

  • 01 七月 2021

  Steel prices have been soaring as the global economy recovers from the impact of the pandemic, hitting record highs in the US this week. Meanwhile polysilicon prices have also been surging higher, given extra impetus last week by the Biden administration’s order restricting solar imports that include silicon metal from a key supplier to the Chinese market.

• Opinion

  Assessing the risks to future oil demand

  • 15 五月 2020

  A weak world economy, the backlash against globalisation, and more ambitious climate policies threaten to put a brake on growth

• News Release

  OPEC opts for a show of unity - and a clever compromise

  • 22 六月 2018

  On 22 June 2018, oil producers' group OPEC delivered a compromise which avoided a decision to fully lift production restraint by instead agreeing to lower its adherence to the current accord from the current 152% to 100%, a clever way to increase output without officially agreeing on an end to output curbs. This should bring a total of 0.6 million barrels per day (b/d) back into the market during H2 2018.