• Comment

  Chevron to sell stake in North West Shelf LNG

  • 18 六月 2020

  Chevron continuing to high-grade its portfolio and putting its 16.7% stake in the NWS up for sale makes a lot of sense.

• News Release

  Argentina weighs new price subsidy, but freezes gas tariffs

  • 25 六月 2020

  Gas pricing and market regulation are again under discussion in Argentina. The coronavirus pandemic has weakened an already vulnerable economy, with the impact felt in the gas market. To maintain low gas prices for end-users, the new administration has imposed a tariff freeze until the end of 2020.

• Comment

  Shell's write-down of Australian assets not a surprise

  • 01 七月 2020

  It’s no surprise to see Shell writing down the value of its assets, in line with the new post-pandemic energy demand outlook. In fact, we’ve revised the value of oil and gas assets in Asia Pacific by US$200 billion as a result of a lower oil price outlook.

• Comment

  Woodside takes impairment but is a US$80 carbon price the bigger news?

  • 15 七月 2020

  Wood Mackenzie analysts delved deeper into implications of Woodside's announced US$80 carbon price.

• Comment

  Chevron swoops on Noble in US$13bn deal

  • 20 七月 2020

  Chevron is set to buy Noble Energy in a US$13 billion all-stock transaction, including US$5 billion in equity. This is the first large-scale corporate acquisition of this downturn.

• News Release

  India’s new deepwater supply could face pressure from low spot LNG prices

  • 21 七月 2020

  India’s new deepwater gas production could be under pressure from low spot LNG prices, says Wood Mackenzie.

• 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.

• Comment

  China pledges to be carbon-neutral by 2060

  • 23 九月 2020

  On 22 September, China announced its ambition to be carbon-neutral by 2060. Wood Mackenzie experts weigh in on what this means.

• 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

  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

  Renewables in most of Asia Pacific to be cheaper than coal power by 2030

  • 26 十一月 2020

  Wood Mackenzie’s latest report shows most markets in Asia Pacific can expect to see cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030.

• 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.

• News Release

  OPEC+, Covid-19 and energy transition – 3 themes impacting oil markets and refining in 2021

  • 28 一月 2021

  Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key themes – OPEC+ production, Covid-19 developments, and the energy transition.

• News Release

  Europe needs to change course to hit 2030 emissions target

  • 18 二月 2021

  Europe’s new 2030 emissions target of a 55% reduction over 1990 levels has made it the undisputed global leader in climate ambition. However, with the region still a long way from achieving this rapidly approaching goal, dramatic changes are needed.

• News Release

  IMO 2030 carbon intensity target can be achieved with adoption of amendments

  • 26 二月 2021

  Wood Mackenzie’s latest report reveals that the International Maritime Organization’s (IMO) 2030 carbon intensity target can be achieved with the adoption of the Energy Efficiency Design Index (EEDI) and Energy Efficiency Design Index for existing ships (EEXI) amendments at the Marine Environment Protection Committee (MEPC) 76 in June this year.

• News Release

  China’s green ambitions can complement energy security and economic goals

  • 18 三月 2021

  Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals.

• News Release

  Chinese NEV and HEV sales to rise over 15-fold by 2035

  • 23 三月 2021

  Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie.

• 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

• News Release

  Asia’s ambitious biofuels plans thwarted by supply constraints and food security concerns

  • 31 三月 2021

  Asia’s ambitious biofuels blending targets will be a challenge to meet due to supply constraints and food security concerns, says Wood Mackenzie.

• 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

  Colonial Pipeline cyberattack may benefit European refiners

  • 10 五月 2021

  The 2.5 million barrels per day (b/d) Colonial Pipeline moves roughly 45% of the US East Coast's supply of gasoline, diesel, and jet fuel from the Gulf Coast. The duration of the outage following the cyberattack on 7 May 2021 is uncertain. In the short term, Wood Mackenzie expects fuel demand and prices to rise in PADD 1, prompting refined fuel inventories to decline and PADD 1 refiners to maximize production.