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News Release
India needs radical transformation to reach net zero emissions by 2070
- 27 七月 2023
How can India attain its net zero emissions goal by 2070, in line with global pledges to reach net zero emissions by mid-century? Wood Mackenzie analyses the scenario in its latest report ‘India energy transition pathways 2070’, concluding that the country must radically transform its energy landscape and prioritise renewable energy, electrification, hydrogen adoption, and carbon removal strategies.
News Release
Asia Pacific could become a global leader in the energy transition
- 21 二月 2024
Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.
News Release
Shell's acquisition of Pavilion's LNG assets strengthens Singapore's position as a global LNG hub
- 26 六月 2024
The recent acquisition of Pavilion's LNG assets by Shell is expected to strengthen Singapore's position as a global LNG trading and bunkering hub, according to analysis by Wood Mackenzie. “The acquisition will position Shell as the main user of the Singapore LNG (SLNG) terminal,” says Johnson ...
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
Return of Asian investment in US tight oil
- 08 五月 2017
If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.
News Release
Revival of deepwater industry: best projects closing gap
- 30 三月 2017
The deepwater industry has emerged from the downturn leaner and more competitive with US tight oil
News Release
Surge in oil hedging could worsen US supply glut
- 27 三月 2017
Those hoping that recent oil-price weakness will prompt US producers to pull back drilling activity and ease the glut of oil supply may need to keep waiting.
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
New projects in the upstream oil and gas industry to double in 2017 predicts Wood Mackenzie
- 11 一月 2017
Confidence will return to the sector in 2017, with exploration and production spend to rise by 3% to US$450 billion.
News Release
Global upstream FIDs on track to double in 2017
- 17 七月 2017
In the first half of the year, the industry has already witnessed 15 project sanctions, almost comparable to project sanctions in the whole of 2016.
News Release
What's behind Libya's production boost?
- 20 十月 2017
Libya's oil production has increased steeply from August 2016’s low point of below 300,000 barrels per day (b/d) to around 850,000 b/d at present, passing the 1 million b/d barrier in July. But Wood Mackenzie believes Libya may now be reaching its near-term production limits and future growth will be gradual.
News Release
TransCanada receives approval for Keystone XL pipeline
- 21 十一月 2017
TransCanada receives regulatory approval from the Nebraska Public Service Commission to proceed with building its Keystone XL pipeline after almost a decade of environmental and regulatory hurdles.
News Release
Deepwater Gulf of Mexico stages a comeback in 2018
- 05 一月 2018
The U.S. deepwater Gulf of Mexico sector has struggled since crude dropped in late 2014. However, as costs finally settle at a bottom and operators set a new standard for operational efficiency, 2018 might just be a turning point for the sector.
News Release
Offshore decommissioning in Asia Pacific could cost US$100 billion
- 01 二月 2018
According to Wood Mackenzie's latest analysis, decommissioning Asia Pacific's offshore assets – nearly 2,600 platforms and 35,000 wells – could cost over US$100 billion.
News Release
Upstream FIDs pushes on with lower costs
- 05 四月 2018
As previously forecasted by Wood Mackenzie, 2017 saw a significant recovery in upstream FIDs, with the number of project sanctions more than doubled compared to 2016. Wood Mackenzie expects a similar total this year - circa 30 major project FIDs - supported by continued prudence in industry spending.
News Release
IMO aims to halve global shipping emissions. But, what will it cost?
- 12 四月 2018
The IMO is gearing up to cap sulphur emissions. Wood Mackenzie looks at the potential impact the new regulations could have on the shipping and bunker fuel sectors.
News Release
Chinese shale gas production to almost double in two years
- 17 四月 2018
Shale gas in China has seen significant progress over the last decade, growing to nearly 600 wells and 9 bcm of production last year. In its latest analysis, Wood Mackenzie projects Chinese shale gas production to almost double to 17 bcm in 2020.
News Release
A new era for oil and gas in Mexico
- 16 五月 2018
Look no further than Mexico for an example of what a successful energy reform looks like. Over the past five years, the country has dramatically overhauled its energy landscape. A new report analyses the impacts of the energy reform on the country's upstream sector.
News Release
East Coast gas prices could rise 30 percent in five years
- 25 五月 2018
In a recent study, Wood Mackenzie forecasts Australia's East Coast gas prices to rise up to 30 percent to between A$10 and A$13 /per gigajoule by the mid 2020s.
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
Exploration industry eyes a brighter future at EAGE
- 12 六月 2018
In his keynote address to the EAGE 2018 Conference in Copenhagen, Andrew Latham, vice president, global exploration, at Wood Mackenzie, told delegates that the exploration sector emerged from the downturn in better shape, and the economic outlook is looking bright.
News Release
Global upstream project delivery is finally hitting the mark
- 14 八月 2018
Has the oil and gas industry finally turned around its reputation for always delivering upstream projects behind schedule and overbudget? Emerging signs of improved execution suggest companies are getting it right after a period of dismal performance on project returns, according to a new Wood Mackenzie report.
News Release
Decommission or redevelop? Brazil's mature Campos basin oil fields await resurgence
- 28 八月 2018
Brazil’s Campos basin is awaiting a resurgence in production according to a new report by Wood Mackenzie, analysing the impacts redevelopment of the basin's mature oil fields could have on production, royalty collection and job creation.
News Release
Australian gas shortages loom as LNG exporters and domestic consumers compete for supply
- 11 九月 2018
The pace and scale of transformation in the east Australian gas market over the past five years has put gas – both its availability and its pricing – firmly on the country’s political agenda. Global natural resources consultancy Wood Mackenzie today releases its Australia East Coast Gas Market Outlook 2018-2032. The report offers a comprehensive overview of the dynamics shaping the gas market, including the drivers of domestic gas demand, how gas flows will change and price dynamics.
News Release
How do the Majors stack up in the Lower 48?
- 16 十月 2018
The Major oil and gas companies have made big strategic bets on the US Lower 48's unconventional plays. The scale, returns and investment flexibility offered by tight oil and gas has made it an essential part of most major players’ portfolios. But how do the players compare to each other?
News Release
Big Data adds up to big savings for upstream players
- 12 十一月 2018
The upstream sector could save as much as US$75 billion annually thanks to digitalisation and Big Data. In its new report, Digitalisation in upstream: Show me the money, global natural resources consultancy Wood Mackenzie dug into the numbers to see exactly what Big Data could do for Big Oil – and smaller players too.
News Release
What do the US mid-term election results mean for renewable energy?
- 21 十一月 2018
The results of this year's U.S. mid-term elections may open a path for higher renewable portfolio standards and gigawatts of solar and wind deployments, according to a new analysis from Wood Mackenzie Power & Renewables.
News Release
Major LNG buyers' uncontracted demand to quadruple by 2030
- 13 十二月 2018
Wood Mackenzie's latest research reveals that uncontracted demand by the world's seven largest LNG buyers could quadruple to 80 million tonnes per annum (mmtpa) by 2030.
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.

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