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News Release

Production from Argentina's Vaca Muerta to reach 113 kboed by 2018

04 May 2017

The seven most advanced developments are expected to see production increases of 43% in 2017.

News Release

Revival of deepwater industry: best projects closing gap

30 March 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 March 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

IMO 2020 regulation could cost shippers extra US$60 billion a year

28 February 2017

The 0.5 wt% sulphur cap for bunker fuels could have far-reaching repercussions

News Release

US$40 billion worth of opportunities in Asia-Pacific upstream M&A in 2017

18 January 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 January 2017

Confidence will return to the sector in 2017, with exploration and production spend to rise by 3% to US$450 billion.

News Release

Complete ban on Russian commodity exports accelerate LNG growth and energy transition

16 June 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

Russia supply reduction via Nord Stream poses risks to gas storage refill in Europe

17 June 2022

Russia reducing flows via Nord Stream, outages at Freeport and French nuclear downgrades have sent the European natural gas market into an upward spiral with more volatility still to come. And while summer consumption will be covered, analysts at Wood Mackenzie, a Verisk business (Nasdaq: VRSK) say storage refill is at risk unless additional demand and supply measures are taken.

News Release

Wood Mackenzie and Ball Corporation introduce new tool that tracks global LNG liquefaction train statuses in near real-time

13 July 2022

Wood Mackenzie, Inc. a Verisk business (NASDAQ:VRSK), and Ball Corporation (NYSE: BALL) today announced the launch of Global LNG Liquefaction Monitoring – the first product arising from their strategic agreement to accelerate the development of advanced analytics for energy markets.

News Release

China’s LNG imports to see unprecedented decline in 2022

19 July 2022

China’s LNG imports are set to fall over 14% year-on-year to 69 million tonnes (Mt) in 2022, the largest decline since it began LNG imports, says Wood Mackenzie.

News Release

Half of traditional super basins are future-fit and they have three things in common

21 July 2022

Energy super basins of the future must fulfill three key criteria - abundant resources, access to low-cost renewables and hub-scale carbon capture and storage (CCS) opportunities, according to a new report by Wood Mackenzie.

News Release

Stability of Russian gas flows remain uncertain, despite the reopening of Nord Stream

21 July 2022

Gazprom confirmed today that regular annual maintenance of Nord Stream is officially over and gas flows restarted at 63 million cubic metres per day (mcm/d) – 40% of the pipeline’s overall capacity. The European gas market has reacted, with prices down by 5%; but the stability of Russian gas flows is by no means a given, according to analysts at Wood Mackenzie.

News Release

Europe to install 45 million heat pumps in the residential sector by 2030

04 August 2022

Europe is set to achieve 45 million cumulative heat pump installations in the residential sector by 2030, which will support the region’s net zero and energy security goals, according to Wood Mackenzie’s latest insight ‘Europe electrification of heat demand outlook to 2050’.

News Release

Waste-based biofuels could be the key to unlocking the energy transition

18 August 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

CCUS planned capacity nearing 1 billion tonnes per annum

26 August 2022

US Inflation Reduction Act bill set to boost CCUS uptake but more is needed to meet net zero goals by 2050

News Release

The Australian energy crisis highlights the need for new gas supply

29 August 2022

With prices soaring 400%, government is challenged to find the delicate balance of energy security and net zero goals

News Release

Wood Mackenzie predicts European gas demand will continue to fall, helping gas storage outlook for this winter and the following

01 September 2022

High natural gas prices will continue to drive down European demand to seven percent below the five-year average through March, leaving a best-case scenario of storage levels at 31% at winter’s end, in line with the five-year average, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

News Release

US grid-scale energy storage market beats Q2 record

14 September 2022

The U.S. energy storage market set a new record in the second quarter of 2022, with grid-scale installations totalling 2,608 megawatt hours (MWh) – the highest installed capacity for any Q2 on record, according to a new report released today.

News Release

New US solar contract capacity sees record growth in Q2

28 September 2022

Boosted by recent legislation, the U.S. recorded 10 gigawatts (GW) of new utility-scale solar capacity contracts in Q2, up 201% from Q1 for the largest quarter-over-quarter growth on record according to new analysis from Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

News Release

Few oil and gas companies commit to Scope 3 net zero emissions as significant challenges remain

28 October 2022

Scope 3 emissions account for 80-to-95% of total carbon emissions from oil and gas companies. But only a small number of these firms have set Scope 3 net zero ambitions, according to a recent report from Wood Mackenzie.

News Release

Verisk Announces the Sale of Wood Mackenzie to Veritas Capital

31 October 2022

Verisk (Nasdaq: VRSK), a leading global data analytics provider, and Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced the signing of a definitive agreement under which an affiliate of Veritas has agreed to acquire Verisk’s Energy business, Wood Mackenzie, for $3.1 billion in cash consideration payable at closing plus future additional contingent consideration of up to $200 million.

News Release

Offshore CCS projects could breathe new life into Gulf of Mexico

04 November 2022

As the US looks for innovative ways to reduce greenhouse gas emissions, offshore carbon capture storage (CCS) projects in the US Gulf of Mexico (GoM) could play an influential role in meeting future goals, according to analysis from Wood Mackenzie.

News Release

Industry leaders to speak at Wood Mackenzie’s Grid Edge Innovation Summit 2022

10 November 2022

Join executives from Shell Recharge Solutions, Exelon, BMW, and General Motors, as event looks at current trends, challenges and drivers shaping the grid edge

News Release

Solar PV to overtake onshore wind in Latin America from 2023

16 November 2022

Solar PV will become the most cost-competitive technology in Latin America from 2023, according to Wood Mackenzie’s latest research report, ‘Latin America levelized cost of electricity (LCOE)’ which examines the power technology and generation landscape across the region to 2050. Solar will also displace onshore wind, currently the most attractive renewable energy source in Brazil, by 2025.

News Release

Power facilities to potentially use 100 Mt of low-carbon ammonia as feedstock by 2050

17 November 2022

As one of the most-used petrochemicals in the world, ammonia offers a bevy of decarbonization and energy market opportunities, including the potential to provide 100 million tonnes (Mt) into the power sector by 2050 in a high-case scenario. However, without strong policy support, low-carbon ammonia may remain an untapped market, according to “Avoiding Pand-Ammonia” a new report from Wood Mackenzie.

News Release

A better future for energy emerging from crisis

07 December 2022

Wood Mackenzie report offers five key developments for the energy sector over the next 12 months

News Release

European gas storage plans for 2023 still stand despite cold snap

14 December 2022

Colder temperatures across Europe have increased month-on-month heating demand by 20% in December, but behavioural change in households and services means the amount of gas used in these sectors is 16% lower than previous average consumption patterns for similar temperatures says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

News Release

Bolivian gas production to decline faster than expected, exports to Brazil and Argentina to cease by 2030

18 January 2023

Bolivian gas production will decline more rapidly than expected, falling from 1,400 million cubic feet per day (mmcfd) in 2022 to as low as 400 mmcfd by 2030, according to a report from Wood Mackenzie, a Verisk business.

News Release

New global oil and gas discoveries in 2022 drive exploration to highest value creation in over a decade

30 January 2023

The global oil and gas exploration sector had its strongest year in 2022 in more than a decade. In its work to improve portfolios by adding lower-carbon, lower-cost advantaged hydrocarbons, the sector created at least $US33 billion of value and achieved full-cycle returns of 22%, at $US60/barrel Brent prices, according to a recent report from Wood Mackenzie, a Verisk business.

News Release

Russian refinery products will continue to flow in 2023 despite European price cap

31 January 2023

The European Commission’s announcement that the EU is proposing a US$100 per barrel price cap on Russian oil products such as diesel, jet fuel and gasoline, and a US$45 per barrel cap on discounted products like fuel oil, would not severely impact Russian refiners according to Wood Mackenzie.

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Search results: 5167

Production from Argentina's Vaca Muerta to reach 113 kboed by 2018

Revival of deepwater industry: best projects closing gap

Surge in oil hedging could worsen US supply glut

IMO 2020 regulation could cost shippers extra US$60 billion a year

US$40 billion worth of opportunities in Asia-Pacific upstream M&A in 2017

New projects in the upstream oil and gas industry to double in 2017 predicts Wood Mackenzie

Complete ban on Russian commodity exports accelerate LNG growth and energy transition

Russia supply reduction via Nord Stream poses risks to gas storage refill in Europe

Wood Mackenzie and Ball Corporation introduce new tool that tracks global LNG liquefaction train statuses in near real-time

China’s LNG imports to see unprecedented decline in 2022

Half of traditional super basins are future-fit and they have three things in common

Stability of Russian gas flows remain uncertain, despite the reopening of Nord Stream

Europe to install 45 million heat pumps in the residential sector by 2030

Waste-based biofuels could be the key to unlocking the energy transition

CCUS planned capacity nearing 1 billion tonnes per annum

The Australian energy crisis highlights the need for new gas supply

Wood Mackenzie predicts European gas demand will continue to fall, helping gas storage outlook for this winter and the following

US grid-scale energy storage market beats Q2 record

New US solar contract capacity sees record growth in Q2

Few oil and gas companies commit to Scope 3 net zero emissions as significant challenges remain

Verisk Announces the Sale of Wood Mackenzie to Veritas Capital

Offshore CCS projects could breathe new life into Gulf of Mexico

Industry leaders to speak at Wood Mackenzie’s Grid Edge Innovation Summit 2022

Solar PV to overtake onshore wind in Latin America from 2023

Power facilities to potentially use 100 Mt of low-carbon ammonia as feedstock by 2050

A better future for energy emerging from crisis

European gas storage plans for 2023 still stand despite cold snap

Bolivian gas production to decline faster than expected, exports to Brazil and Argentina to cease by 2030

New global oil and gas discoveries in 2022 drive exploration to highest value creation in over a decade

Russian refinery products will continue to flow in 2023 despite European price cap

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