• News Release

  Will higher oil prices spell trouble for upstream discipline?

  • 19 四月 2021

  In its rebound from the 2020 downturn, Brent flirted with US$70 per barrel. Higher prices in 2021 mean higher cash flow for producers, perhaps even record-setting highs. Have the good times returned? Global natural resources consultancy Wood Mackenzie believes operators need to be cautious.

• 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.

• Comment

  NEA Gas Forum - the future of gas is Asia and the prize is large

  • 09 六月 2021

  Wood Mackenzie experts discussed key drivers of Asia Pacific gas markets at the Northeast Asia Gas Forum today.

• News Release

  Producing green LNG is key for Australia to remain competitive

  • 17 六月 2021

  Australian producers need to be at the forefront of green LNG to remain competitive, says Wood Mackenzie.

• Comment

  Supply outlook tightens as OPEC+ prepares to meet

  • 01 七月 2021

  As OPEC+ meets on 1 July, oil prices are supported by tightening oil market fundamentals for the second half of 2021. Global natural resources consultancy Wood Mackenzie forecasts total oil demand to rise 5.9 million barrels per day (b/d) year-on-year for 2021.

• Comment

  What would an EU carbon border adjustment mechanism mean?

  • 14 七月 2021

  The EU Commission proposed a carbon border adjustment mechanism (CBAM) as part of today’s “Fit for 55” package. James Whiteside, global head of multi-commodity research at Wood Mackenzie, said: “As the first mechanism of its kind, the CBAM is being designed in consultation with industry to avoid unintended consequences. “A CBAM that does not cover a substantial portion of the production chain will encourage carbon leakage - pushing emissions beyond the borders of the EU or shifting competition between EU and non-EU producers to the next stage of the value chain.”

• Comment

  Bumpy road ahead as SEA navigates energy transition but opportunities aplenty

  • 04 八月 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.

• Comment

  Oil Search and Santos on a revised merger proposal

  • 02 八月 2021

  Oil Search and Santos have reached agreement on the merger ratio under the proposed merger.

• News Release

  Wood Mackenzie’s new multi-factor analysis pin-points advantaged reservoirs

  • 30 三月 2021

  Granular subsurface data is key to understanding advantaged resources

• Opinion

  Horizons Live: Conflicts of interest

  • 14 五月 2024

  Transitioning to a net zero global economy is a monumental investment challenge. Meeting the challenge, already an outside bet, will have to happen against a less favourable monetary backdrop than the world has been used to since 2009. This month's Horizons live panel discuss the cost of investing in the energy transition in a high-interest-rate era.

• Webinar

  Webinar | Why the NOCs should return to international business development

  • 31 七月 2024

  With M&A valuations attractive and financial ratings at all-time highs, the drivers for National Oil Companies (NOCs) to invest in existing portfolios AND fill strategic gaps have never been stronger. Will they step up? Join our experts on 31st July to find out.

• Webinar

  Webinar | Africa Upstream Outlook 2025

  • 06 二月 2025

  Join our webinar on the 6th February as we discuss the outlook for Africa Upstream oil and gas

• Horizons

  No country for old fields: why high-impact oil and gas exploration is still needed

  • 05 十一月 2024

  In this Horizons, we make the case that exploration continues to add value, cut carbon intensity and lower the cost for end consumers.

• Horizons

  Gridlock: the demand dilemma facing the US power industry

  • 17 十月 2024

  This research piece addresses what will be the central theme of US power markets over the next couple of years and potentially beyond.

• Webinar

  Webinar | From molecules to electrons: Trump 2.0 and the impact on the energy transition

  • 03 十二月 2024

  The 2024 US election result and an incoming Trump 2.0 administration arrive at a pivotal moment for the energy transition. As policies and priorities shift, their impact will ripple across the energy and natural resources sectors. This webinar mini-series dives into the heart of these changes, offering expert insights into how the outcomes could redefine the energy landscape. The mini-series consists of two webinars: molecules (oil, gas/LNG, carbon, hydrogen, and sustainable fuels) and electrons (renewable electricity, batteries, electrified transport, power markets and grid innovations).

• Webinar

  Webinar | Clearing the air: How at-scale carbon removal could accelerate the energy transition

  • 10 十二月 2024

  Join our webinar where we will review the current state of this nascent industry and the factors that will shape its evolution, across the following topics: ̵ Project type costs, potential and readiness ̵ A deep-dive into carbon removal project economics ̵ Who is buying or investing in carbon removal, and why? ̵ Analysis of government policy and other regional factors impacting removal deployment

• Comment

  All eyes on OPEC meeting as group mulls easing of production restraint

  • 01 十二月 2020

  OPEC held its scheduled bi-annual meeting virtually on 30 November 2020. Though the group was unable to reach an agreement at that meeting, up for discussion is whether the production restraint would be eased starting 1 January 2021.

• Content

  2020: Navigating upstream’s perfect storm

  • 10 十二月 2020

  Between the existential crisis of the energy transition and the impact of a global pandemic, it's been a challenging year for upstream oil and gas industry.

• News Release

  2-degree pathway could cut upstream gas investments by 65%

  • 12 十一月 2020

  A world on a 2-degree pathway could significantly reduce upstream gas investments by 65% through to 2040, says Wood Mackenzie.

• Comment

  Trans Adriatic Pipeline (TAP) completes Europe’s Southern Gas Corridor

  • 16 十一月 2020

  The commissioning of the Trans Adriatic Pipeline's (TAP) initial 10 bcm per year capacity follows four and a half years of construction, EUR4.5 billion of capex and a variety of obstacles – especially in Italy, where the pipeline ends.

• Comment

  Gulf of Mexico lease sale 256 – business as usual despite upcoming change in administration

  • 19 十一月 2020

  On Wednesday, 18 November, the United States held its region-wide Gulf of Mexico (GoM) Lease Sale 256 and received 105 bids from 23 participating companies, with high bids totalling US$121 million.

• News Release

  Asia Pacific upstream transactions plunge to lowest this century

  • 19 十一月 2020

  Wood Mackenzie’s latest analysis shows 2020 is on track to be the quietest year for upstream transactions in the Asia Pacific region since the beginning of the 21st century.

• News Release

  Five consequences of a Biden administration for US energy

  • 07 十一月 2020

  Joe Biden offered American voters a radically different vision of energy policy from President Donald Trump, focused on addressing the threat of climate change. He will enter the White House with a goal of setting the US on course for net zero greenhouse gas emissions by 2050 and will take the US back into the Paris climate agreement.

• Comment

  Devon seals WPX merger

  • 28 九月 2020

  Speaking after the merger of Devon Energy and WPX Energy was announced this morning, Alex Beeker, principal analyst, corporate upstream, at Wood Mackenzie, said: “Tight oil consolidation has been underway for years, but extreme market volatility has slowed the process considerably. WTI has essentially hovered around US$40/bbl since June, with the stability likely closing the bid-ask spread. “We’ve expected Devon to make a move for some time. With US$1.5 billion in cash on its balance sheet (albeit earmarked for debt reduction), Devon is on a relatively strong financial footing. But Devon has been shrinking fast since its disposal program started in earnest about two years ago. The company’s net production is down 40% since 2018.”

• News Release

  Energy transition to be key driver of Australia’s upstream M&A

  • 01 十月 2020

  The energy transition is expected to be a major driver of the future of Australia’s upstream M&A, says Wood Mackenzie.

• Comment

  Chrysaor seals North Sea top spot with reverse takeover of Premier Oil

  • 06 十月 2020

  Privately-held UK Independent Chrysaor is buying London-listed Premier Oil by way of reverse takeover. Premier’s US$2.7 billion of debt and hedging liabilities will be repaid and cancelled via a US$1.232 billion cash payment, plus Chrysaor shares.

• Comment

  Hess sells Shenzi stake to BHP in US$505m deal

  • 05 十月 2020

  Hess is selling its 28% working interest in the Shenzi field in US Gulf of Mexico to operator BHP.

• News Release

  Portfolio resilience and sustainability at the core of corporate concerns

  • 20 十月 2020

  Wood Mackenzie’s 2020 Energy and Commodities Summit Asia Pacific edition kickstarted yesterday. Experts shared their views on how the energy sector is changing in light of the oil price crash, Covid-19 and the latest carbon-neutrality trends.

• News Release

  UK can lead world in net zero energy technologies – but investment is critical

  • 16 九月 2020

  Wood Mackenzie today delivered a comprehensive roadmap for the North Sea’s future to the OGTC, setting out the critical technologies needed to deliver an integrated net zero energy system on the UK Continental Shelf (UKCS), positioning the UK as a world-leader in the move to a low carbon world.

• News Release

  Indonesia’s straddle between gross split and cost recovery is positive step forward

  • 17 九月 2020

  Introducing a choice between gross split and cost recovery for new licences is a positive step forward for Indonesia's upstream sector, says Wood Mackenzie.