• Comment

  US sanctions increase pressure on Venezuela

  • 30 一月 2019

  The US is poised to impose fresh sanctions on Venezuela, ratcheting up the stakes in the country's political crisis by curbing the Maduro government's access to cash from crude exports.

• Comment

  New opportunity in UK North Sea with Greater Buchan Area round

  • 31 一月 2019

  The Oil & Gas Authority's (OGA) decision to launch the 31st supplementary offshore licensing round, focusing on the Greater Buchan Area offers a material opportunity for players active in the UK North Sea

• Comment

  New wave of growth on the horizon for Asia-Pacific's oil and gas sector

  • 15 十月 2018

  Asia-Pacific's oil and gas sector looks set to rebound over the next 12 months as rising demand, stronger commodity prices and an uptick in M&A activity bring greater confidence to the region. Wood Mackenzie predicts rising Asian LNG demand, the return of China's NOCs to growth mode and new appetite for upstream investment to be key factors influencing the sector, not only Asia-Pacific, but also globally into 2019.

• Comment

  India's renewables to contribute 13% of power generation mix in five years, double the amount today

  • 15 十月 2018

  India’s renewables target of 175 GW capacity (100 GW of solar and 75 GW of wind) by 2022 is an ambitious endeavour. Even with significant cost declines, Wood Mackenzie expects about 76% of the target to be met by 2022 and this would still be a noteworthy achievement. Wood Mackenzie's solar analyst Rishab Shrestha explains why.

• News Release

  Is the end of the global energy transition closer than we think?

  • 17 十月 2018

  Is the Global Energy Transition on track? A new report by Wood Mackenzie, Thinking global energy transitions: the what, if, how and when, explores the forces shaping the energy transition, and pinpoints the sustainability tipping point – when the world shifts from the age of oil and gas to the age of power and renewables – will arrive by 2035.

• Comment

  Qatar Petroleum's LNG plans get even bigger

  • 27 九月 2018

  Qatar Petroleum announces plans for a fourth LNG megatrain

• Comment

  Rosebank deal 'cements Equinor's commitment to the UK'

  • 01 十月 2018

  Norway's Equinor set to buy Chevron's 40% operating stake in the Rosebank field, offshore West of Shetland

• Comment

  Merger does the business for Wintershall and DEA

  • 28 九月 2018

  Wintershall and DEA set to merge to create independent exploration and production company

• News Release

  How digitalisation transformed the US Lower 48

  • 12 十一月 2018

  Upstream oil and gas companies are accelerating the implementation of big data applications and digital technologies to help transform their businesses. But how close is industry to achieving this? Where does the US Lower 48 stand in this transformation? A new study drills down into digitalisation in the upstream sector and identifies the technologies and applications being employed today and evaluates their potential impact.

• News Release

  Is deepwater ready for cost inflation?

  • 27 十一月 2018

  In a newly published report, Wood Mackenzie notes that the deepwater industry appears in good health, following a sustained cost reduction through the downturn. However this hard work is in danger of being undone, as impending cyclical cost inflation could raise break-even costs once again.

• Comment

  Chevron loses second major production asset in South East Asia

  • 13 十二月 2018

  Following today's announcement by Thailand's Department of Mineral Fuels (DMF) that PTTEP has won the auction round for both G1/61 (Erawan) and G2/61 (Bongkot) PSCs after putting an aggressive bid on the gas price and the profit share, Wood Mackenzie's research analyst Jean-Baptiste Berchoteau shares some insights.

• Comment

  Qatar quits OPEC

  • 03 十二月 2018

  On 3 December 2018, Qatar announced it will withdraw from OPEC on 1 January 2019, putting an end to its 57-year membership of the producers’ cartel. Qatar, which said it intends to focus on its gas production, made the announcement ahead of the 6 December OPEC meeting.

• Comment

  Full steam ahead for Tortue FLNG

  • 21 十二月 2018

  Sanctioning the Tortue FLNG project, offshore Mauritania/Senegal is a 'major milestone' for BP and its partners

• News Release

  Macri reforms reshape Argentina's gas sector

  • 28 二月 2019

  When President Mauricio Macri took power in Argentina in 2015, one of his flagship energy policy programmes was to “normalise” the country’s gas and power markets. Macri set in train moves to gradually reduce government intervention, restoring free market dynamics and pricing driven by competition. The progress the Macri administration has achieved in reshaping the gas market environment has remarkable, helped in no small part by the prolific shale gas resources of the Vaca Muerta.

• Comment

  Aramco's $10bn bond underscores its vast global ambitions

  • 01 四月 2019

  Saudi Aramco’s decision to issue a $10 billion bond underscores how serious the company is about transforming itself into an international powerhouse across the oil and gas value chain, from upstream to petrochemicals.

• Comment

  BP to exit China shale gas

  • 12 四月 2019

  In the same week that Shell agreed to explore for shale oil in China, BP is reported to be exiting its two Sichuan basin shale gas blocks.

• News Release

  Renewables and nascent low-carbon technologies most exposed to high interest rates

  • 18 四月 2024

  If high interest rates persist, transitioning to a net zero global economy will be even harder and more costly. The higher cost of borrowing negatively affects renewables and nascent technologies, compared to more established oil and gas, and metals and mining sectors, which remain somewhat insulated.

• 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

  China's LNG trucking capacity to double in medium term

  • 18 六月 2018

  Wood Mackenzie estimates LNG trucking capacity in China to double to 38 million tonnes (mt) by 2025. China is the world's largest LNG trucking market. In 2017, 19 mt of LNG was transported via tanker truck from domestic liquefaction plants and LNG import terminals to downstream markets. This volume accounts for 12% of total gas consumption.

• News Release

  Rise in new players in Southeast Asia's upstream sector

  • 28 六月 2018

  Since the fall in oil prices in 2014, oil majors and international oil companies (IOCs) have accelerated a shift towards resource themes and regions offering higher returns, lower complexity and shorter timeframes, away from the more challenging regions such as Southeast Asia. To date, close to 800 million barrels of oil equivalent (boe) of the region's resources have left the hands of majors and IOCs.

• Comment

  Chevron set to divest central UK North Sea assets

  • 04 七月 2018

  Chevron has announced it is planning to sell its central UK North Sea assets, including Captain, Elgin/Franklin, Erksine and Jade, to focus on the West of Shetland province.

• 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

  US gasoline demand poised to decline by over 1.7 million b/d by 2030

  • 20 三月 2017

  Gas demand may be nearing a new peak due to stringent fuel efficiency standards and shifting demographics.

• News Release

  US-China agreement connects the fastest-growing LNG supplier with the largest LNG growth market

  • 12 五月 2017

  Chinese companies can now negotiate long-term contracts to source liquefied natural gas from US suppliers, the US Commerce Department said.

• News Release

  Better times head for the UKCS, but investment still a concern

  • 17 一月 2017

  Wood Mackenzie expects a modest recovery due to the improving oil price.

• News Release

  Shale sector to be cash flow positive by 2020

  • 26 七月 2017

  When will tight oil make money calculates that the five largest tight oil players could become cash flow positive by 2020?v

• News Release

  Seasonality takes centre stage in Egyptian gas market

  • 12 一月 2017

  Egypt's fortunes look set to change after five years of falling production and switching from a net exporter to a net importer.

• Opinion

  Shining a light on the “coal versus LNG emissions” debate

  • 12 三月 2025

  Is LNG really a cleaner alternative to coal? Explore the latest findings on lifecycle emissions and discover why US LNG could be a crucial player in global decarbonisation efforts.

• Opinion

  Oil and refined products in 2025: a commodity trader’s guide

  • 14 四月 2025

  In an energy hungry world beset by growing trade tensions and shifting energy policy, volatility creates opportunity for commodity traders who can stay one step ahead of market shifts. So, what are the opportunities and challenges set to shape crude and refined product markets as 2025 progresses?

• The Edge

  A cornerstone of global oil supply – Canada at a cross roads

  • 01 三月 2017

  Canada's investor sentiment soured by environmental concerns and competition for capital from tight oil have already begun to reshape the domestic corporate landscape.