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News Release
Smoother sailing ahead for upstream supply chain players
- 06 二月 2019
The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to global natural resources consultancy Wood Mackenzie. As project FIDs increase, demand for equipment and services are buoying the prospects for the upstream supply chain.
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.
News Release
Upstream companies positioned to thrive in 2019
- 17 十二月 2018
Price volatility. Market turbulence. Geopolitical tensions. As 2018 draws to a close the stage is already set for a fascinating 2019 in the upstream industry. In the recently published 2019 upstream and corporate outlook reports, Wood Mackenzie highlights how well prepared the industry is to adapt and thrive in tumultuous times.
News Release
Permian produced water: slowly extinguishing a roaring basin?
- 11 六月 2018
With the recent rise oil prices, operators have been adding rigs and ramping up completions in the Permian Basin – the largest and most important source of oil supply growth in the world. However, persistent operational water challenges present a material risk to companies' future profitability and production.
News Release
Upstream players grapple with uncertainty
- 15 五月 2017
To gauge the state of the sector, Wood Mackenzie asked its client base to share their thoughts on a number of key themes, and the responses were analysed to give a comprehensive view of how the sector’s key players view the future.
News Release
Production from Argentina's Vaca Muerta to reach 113 kboed by 2018
- 04 五月 2017
The seven most advanced developments are expected to see production increases of 43% in 2017.
News Release
US$40 billion worth of opportunities in Asia-Pacific upstream M&A in 2017
- 18 一月 2017
According to research by Wood Mackenzie, the APAC upstream sector holds considerable value as the majors divest mature and mid-life assets in the region.
News Release
Complete ban on Russian commodity exports accelerate LNG growth and energy transition
- 16 六月 2022
War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict, a rewriting of energy trade flows is now underway.
News Release
Waste-based biofuels could be the key to unlocking the energy transition
- 18 八月 2022
Waste-based biofuels could be a key driver of the energy transition transforming today’s limited supply of low carbon transportation fuels and creating a local, circular economy, according to a new report by Wood Mackenzie, a Verisk business (Nasdaq:VRSK).
News Release
A better future for energy emerging from crisis
- 07 十二月 2022
Wood Mackenzie report offers five key developments for the energy sector over the next 12 months
News Release
Five themes dominating China’s energy scene in 2022
- 27 一月 2022
Economic growth, stability in energy prices, energy transition, dual-control targets and relations with the US, are the top five themes to watch out for in China’s energy outlook this year, says Wood Mackenzie.
News Release
Resilience and sustainability to be core oil and gas themes of 2021
- 19 一月 2021
Wood Mackenzie’s latest analysis reveals that sustainability and resilience will be at the heart of the oil and gas industry story in 2021.
News Release
Over three quarters of new LNG supply could be impacted in 2-degree world
- 09 十二月 2020
Wood Mackenzie’s latest report shows that over three quarters or 77% of new LNG supply are at risk under a 2-degree scenario.
News Release
Total named industry’s most-admired explorer in WoodMac survey
- 06 七月 2020
French major Total has been named the upstream industry’s most-admired explorer, an accolade awarded in conjunction with Wood Mackenzie’s industry-leading annual Exploration Survey.
News Release
Chesapeake Energy – shale’s great disruptor – files for Chapter 11
- 28 六月 2020
Speaking after Chesapeake Energy filed for Chapter 11 bankruptcy protection on 28 June, Alex Beeker, principal analyst on Wood Mackenzie’s corporate upstream team, said: “It’s difficult to point to another company that has made more of a widespread impact on the US shale sector than Chesapeake.
News Release
Gas sector impacted by triple whammy of coronavirus, oil price crash and LNG oversupply
- 01 四月 2020
In its latest short-term gas and LNG outlook report, Wood Mackenzie weighs the risks coronavirus, sustained low oil prices and LNG oversupply pose to the sector this year.
News Release
China’s gas production to double to 325 bcm in 2040
- 28 八月 2019
Though set to become the world’s third largest gas producer by 2027, China’s imports will still grow in the long term. One key contributing factor is lower forecast in domestic gas production particularly in shale gas and coal bed methane (CBM), according to recent research by Wood Mackenzie.
News Release
Japan to lose top LNG importer position to China by 2022
- 23 七月 2019
According to a new report by Wood Mackenzie, Japan could lose its pole position as the world’s top LNG importer to China as early as 2022.
News Release
Faster decline rates prompt Permian players to eye spending boost
- 22 七月 2019
Accelerating tight oil decline rates top a growing list of concerns for Permian basin operators, with unexpected production shortfalls prompting producers to consider stepping up drilling investment and M&A activity, Robert Clarke, Research Director, Lower 48 Upstream, told delegates at the Unconventional Resources Technology Conference (URTeC) in Denver.
News Release
Permian producers hedge their bets against pipeline delays
- 11 九月 2018
Permian producers increased their 2020 oil-basis hedge positions by 431% during Q2. Such a sharp rise suggests producers perceive a higher risk that key pipeline projects fail to start up by 2019 target dates, according Wood Mackenzie's latest analysis of oil and gas activity.
News Release
China's mega crude-to-chemicals projects may deal knockout blow to regional PX exporters
- 21 八月 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.
News Release
OPEC producers key to world supply through to 2040
- 16 七月 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
After hitting new highs in 2023, US lower 48 oil production growth will begin to slow considerably in 2024 and beyond
- 22 二月 2024
US Lower 48 oil production growth exceeded expectations in 2023, adding 900,000 barrels per day (b/d) despite inflationary pressures, private consolidation, and declining rig activity. However, the repercussions of these decisions will impact supply moving forward as the region is poised for much lower growth in 2024 and beyond, according to Wood Mackenzie.
News Release
Norway to earn over US$200 billion from oil and gas sector in 2023
- 16 一月 2023
Norway’s oil and gas operations in the North Sea will continue to churn out cash as the Scandinavian country maintains high production to help support Europe’s energy crisis according to a report by Wood Mackenzie.
News Release
Should gas resource holders target LNG exports or blue ammonia?
- 15 六月 2023
The acceleration of the energy transition means gas resource holders increasingly face a choice: follow the established pathway and develop new LNG export facilities or pivot into developing blue ammonia.
News Release
FLNG sector thriving amid projects boom
- 31 八月 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
Market searches for new Henry Hub ceiling price as supply/demand response remains unusually muted
- 22 四月 2022
The recent run up in natural gas prices - hitting its highest at Henry Hub since 2008 - is a result of more muted market balancing mechanisms than in the past, say analysts from Wood Mackenzie, a Verisk business (Nasdaq: VRSK).
News Release
Russia-Ukraine war could slow global economic growth to 2.5% this year
- 12 四月 2022
Global economic growth could slow to 2.5% year-on-year in 2022 and 0.7% in 2023 due to the Russia-Ukraine war, says Wood Mackenzie.
News Release
Upstream sector on the rebound – but ‘peak uncertainty’ fears weigh in 2022
- 13 十二月 2021
The oil and gas sector will continue to rebound in 2022, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK) But the positive outlook will be tempered by concerns about its future. In its Global Upstream Outlook 2022, Wood Mackenzie points out the upstream industry must respond to the implications of the pledges made at COP26 and governments must set a course for the industry to follow.
News Release
High carbon tax could erode up to 60% of Asia’s refining earnings
- 05 十月 2021
A high carbon tax could erode up to 60% of Asia’s total refining earnings by 2027, says Wood Mackenzie, at the Global Energy Summit Focus Week.

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