• News Release

  Carbon removal key to meeting Paris Agreement target

  • 24 六月 2021

  Achieving the 2°C goal of the Paris Agreement will require more than simply avoiding carbon. To cap global warming at 1.5°C or even 2°C, carbon removal will be essential. Research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq:VRSK), shows the key to effective large-scale carbon removal is unlocking potential economies of scale through basin-wide carbon capture and storage (CCS), effectively providing a community answer to a global problem.

• Comment

  Nigerian lawmakers pass petroleum bill – but there is still work to do

  • 02 七月 2021

  Speaking after the Petroleum Industry Bill (PIB) was passed by the Nigerian National Assembly on 1 July, Mansur Mohammed, head of West Africa content on Wood Mackenzie’s sub-Saharan Africa upstream research team, said: “The Senate and House each passed different versions of the bill, which will now require reconciliation before it is sent to the president for assent into law. So there is still outstanding work to do before the PIB becomes law, but we see momentum behind the bill.”

• News Release

  Is CCS the upstream sector’s silver bullet?

  • 11 八月 2021

  We may only be halfway through 2021, but it is already shaping up to be a breakthrough year for carbon capture and sequestration (CCS) to emerge as a viable tool for upstream companies to decarbonise operations. Although the concept has been around for decades, CCS is moving into the mainstream. All the industry’s largest companies now plan to use sequestration to help them reach their decarbonisation targets.

• Comment

  Chesapeake ties up Vine in cash-and-stock deal

  • 11 八月 2021

  Speaking after Chesapeake announced plans to buy Vine Energy in a cash-and-stock deal which values the Blackstone Group-controlled E&P at around US$2.2 billion, analysts from natural resources consultancy Wood Mackenzie said: “We were confident 2021 would be a big year for Haynesville consolidation."

• News Release

  Firth of Forth net-zero hub key to achieving climate goals

  • 17 八月 2021

  The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie, a Verisk company (Nasdaq: VRSK) has found.

• News Release

  CCS could have material impact on carbon emissions of LNG projects

  • 25 八月 2021

  The use of carbon capture and storage (CCS) could have a material impact on LNG projects’ carbon emissions. Depending on the strategy adopted, more than 25% of overall carbon emissions could be removed, says Wood Mackenzie,

• Comment

  UK gas output slump helps fuel price rally

  • 08 九月 2021

  UK gas production is down 28% year-to-date, helping fuel the current European gas price rally, global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said.

• News Release

  Can the US rise to meet the net-zero emissions challenge?

  • 16 九月 2021

  US President Joe Biden has a transformational goal: he wants the country to achieve net-zero emissions by 2050, building on the net-zero power sector he wants in place by 2035. Can the US meet this challenge? According to new research released today by global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), the US is likely to struggle to achieve Biden’s ambitions. Technological limitations, policy design, market structures and even the United States’ political and constitutional foundations may hamper progress.

• Comment

  China’s inaugural SPR auction unlikely to impact global crude oil markets

  • 24 九月 2021

  China begins the sale of its Strategic Petroleum Reserves (SPR) today. According to Wood Mackenzie, a Verisk business (Nasdaq:VRSK), the SPR auction is unlikely to have material impact on crude oil markets globally.

• Comment

  POSCO’s takeover bid for Senex could be Australia’s largest upstream takeover since 2018

  • 18 十月 2021

  South Korean conglomerate POSCO has made a surprise move on Australian gas producer Senex Energy making its first foray into the country’s upstream industry.

• News Release

  Tapping working gas volume could cushion blow of Europe’s energy crunch

  • 04 十一月 2021

  European gas storage has been struggling to fill this summer. Storage at the beginning of November will be about 75% full, at 83 billion cubic metres (bcm), 14 bcm below the five-year average, rattling the market. A cold European winter could result in storage levels falling to zero by the end of March 2022, unless more Russian gas supply is available versus current export levels. But there could be an alternative available to the market should this come to pass – tapping the substantial amount of cushion gas available in Europe’s storage facilities. Global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), said using cushion gas could allow an extra 15 bcm enter the market, easing the supply crunch.

• Comment

  OPEC+ shrugs off US pressure to announce 400,000 b/d output boost

  • 04 十一月 2021

  Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “After unusual pressure from the US administration to lift its production, OPEC+ announced it is boosting output by 400,000 barrels per day (b/d) for December, in line with its 18 July 2021 agreement. This will be seen as disappointing by the US, which is asking for an extra increase closer to 600,000 b/d. But as long as OPEC+ actually boosts its output by 400,000 b/d, the US has indicated it will accept the outcome."

• 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.

• Comment

  Woodside sanctions US$12 billion Scarborough and Pluto Train 2 project

  • 22 十一月 2021

  Woodside has sanctioned the US$12 billion Scarborough and Pluto Train 2 project. This is a big step for Woodside, Western Australia and the local LNG industry.

• Comment

  US to release crude oil from strategic petroleum reserve

  • 25 十一月 2021

  On 23 November, US President Biden announced the release of 50 million barrels (mbbl) of crude oil from the US Strategic Petroleum Reserve (SPR).

• News Release

  Oil and gas companies must be bold as energy transition sets tone for 2022

  • 09 十二月 2021

  It’s set to be an action-packed year for Majors, Independents and national oil companies alike. Big choices will set strategic trajectories for the energy transition ahead. New research from Wood Mackenzie, a Verisk business (Nasdaq:VRSK), indicates that oil and gas companies are likely to be bold in 2022. Formidable cash flow generation, increasing new energy opportunities and the development of a carbon market are a powerful force for change.

• 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

  China's renewables boom year poses major challenges to western markets

  • 17 二月 2022

  China’s renewables manufacturing has emerged from 2021 bigger and more competitive than ever before. Western markets are benefitting from trading with the IKEA of the energy transition, but balancing reliance on China’s technology providers with local interests is now a key political as well as environmental challenge, says Wood Mackenzie.

• Comment

  Europe can satisfy gas demand for now – but longer-term outlook is uncertain

  • 23 二月 2022

  Despite fears that Europe may face a gas crunch following the cancellation of Nord Stream 2, analysts at global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) say Europe is currently in a better situation than it was at the start of the 2021/22 winter.

• News Release

  Energy transition to trigger steep decline in eastern Australia’s gas demand

  • 08 三月 2022

  Eastern Australia’s gas and power markets are at the forefront of Asia Pacific’s energy transition. Markets are undergoing a radical transformation, one which could see gas demand decline by 60% in 2050, depending on the pace of the energy transition, Wood Mackenzie, a Verisk business (Nasdaq:VRSK), said today.

• Comment

  Earthquake in Japan impacts power sector

  • 21 三月 2022

  Following the 7.4-magnitude earthquake reported off Fukushima, Japan, Wood Mackenzie senior analyst Yamato Kawamata gives an overview of the impact on the power sector.

• News Release

  LNG contracting off to a fast start this year with more than 10 mmtpa signed

  • 16 五月 2022

  Demand for long-term LNG contracts continues to gain momentum this year as large volumes have been signed and prices for oil-linked deals under negotiation are rising, according to a recently published LNG contract trends report by Wood Mackenzie.

• News Release

  Low-carbon hydrogen demand in refining could reach 50 Mtpa by 2050

  • 09 六月 2022

  Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 million tonnes per annum (Mtpa) by 2050, says Wood Mackenzie.

• News Release

  Eni makes discovery of the year, named most-admired upstream explorer

  • 17 六月 2022

  Italian major Eni has, for the fourth time in seven years, been named the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s industry-leading annual Exploration Survey.

• News Release

  Wood Mackenzie launches Lens Gas & LNG

  • 15 十一月 2022

  Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, has launched Lens Gas & LNG, a new data analytics solution that offers a uniquely integrated view that connects markets and assets on a global scale.

• News Release

  LNG exports drive expansion of North American natural gas market, adding 29 bcfd of production by 2033

  • 17 十一月 2022

  Driven by a surge in LNG exports, the North America natural gas market will support 29 billion cubic feet per day (bcfd) of production from 2022-2033, tripling its current market size, according to a new report from Wood Mackenzie.

• News Release

  New mid-caps in Brazil aim to increase mature asset reserves almost 1 billion boe by 2035

  • 06 十二月 2022

  With Petrobras divesting in many of its mature assets, new mid-cap upstream operators entering the Brazilian market will invest US$10 billion in capital investments during the next decade, boosting the production from these assets through 2027 and increasing remaining reserves by 980 million barrels of oil equivalent (mmboe) by 2035, according to a report from Wood Mackenzie, a Verisk business.

• 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

  Veritas Capital completes acquisition of Wood Mackenzie

  • 02 二月 2023

  Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk (Nasdaq: VRSK).

• News Release

  Oil and mining companies must adapt new strategies to deliver low-carbon transition

  • 20 四月 2023

  As companies in the energy and natural resource sector struggle to find the balance between satisfying shareholder returns and meeting stakeholder low-carbon demands, new strategies are emerging that could be the catalyst to drive capital allocation decisions toward growth and closing valuation gaps, according to “Fuelling Change” a new Horizons report from Wood Mackenzie.