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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
Australian operators need to collaborate to create super basins
- 16 五月 2023
Australia’s oil and gas industry needs to urgently fast-track the creation of energy “super basins” to provide a pathway to greater sustainability and cut emissions, according to Anne Forbes, Upstream Research Analyst at Wood Mackenzie.
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
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.
News Release
Global gas and LNG – 6 trends to watch in 2022
- 13 一月 2022
Wood Mackenzie, releases its Global gas and LNG – 6 things to watch for in 2022 report.
News Release
Producing green LNG is key for Australia to remain competitive
- 17 六月 2021
Australian producers need to be at the forefront of green LNG to remain competitive, says Wood Mackenzie.
News Release
Europe emerges as global LNG price-setter
- 27 五月 2021
Global liquefied natural gas (LNG) markets were set to tighten over the next five years, driven by a slowdown in global LNG supply growth. But Europe’s market dynamics are turbo-charging the price recovery, with TTF currently trading close to US$9 per million British thermal units (/mmbtu), a level not seen since mid-2018. Following the recent winter spot price spike in Asia, the European market has been sustaining global LNG prices, making the region a battleground for global LNG price formation, new research from global natural resources consultancy Wood Mackenzie found.
Comment
Santos announces Barossa project FID
- 30 三月 2021
Santos has sanctioned the Barossa project, which extends the life of Darwin LNG (DLNG) beyond 2040.
News Release
Australia should revise RET policy; more ambitious target needed to unlock investments
- 04 二月 2021
Australia needs an ambitious long-term Renewable Energy Target (RET) policy to unlock future investments, says Wood Mackenzie.
Comment
Biden administration and what it means for China and rest of Asia Pacific
- 20 一月 2021
As Biden’s inauguration approaches, Wood Mackenzie experts share how his administration could impact trade, climate change goals, and changes to the energy sector in Asia Pacific.
News Release
Future of gas in energy transition to be defined in 2021
- 14 一月 2021
2021 will be a defining year for the gas and LNG industry, says Wood Mackenzie in its latest outlook report.
News Release
Over US$11 billion of Australian gas projects to be sanctioned in 2021
- 10 十二月 2020
Wood Mackenzie’s Australasian upstream 2021 outlook report shows at least US$11 billion of gas projects poised for FID in 2021.
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
Up to 7 mmtpa of spare capacity available at North West Shelf by 2027
- 07 九月 2020
Wood Mackenzie’s latest report shows that the North West Shelf (NWS) LNG project could have up to 7 million tonnes per annum (mmpta) of spare capacity available by 2027. This equates to 40% of the project’s nominal capacity.
News Release
Renewable energy could reduce Asia Pacific LNG plant emissions by 8%
- 17 八月 2020
Using renewable energy to power liquefied natural gas (LNG) plants in Asia Pacific could reduce emissions by about 8%, says Wood Mackenzie.
News Release
Gas sector impacted by triple whammy of coronavirus, oil price crash and LNG oversupply
- 01 四月 2020
In its latest short-term gas and LNG outlook report, Wood Mackenzie weighs the risks coronavirus, sustained low oil prices and LNG oversupply pose to the sector this year.
News Release
Oil price crash dents timeline of Australia’s second wave of FIDs
- 26 三月 2020
Wood Mackenzie’s latest analysis reveals that Australia’s next wave of LNG projects are likely to be delayed.
Comment
PNG government calls off P'nyang Gas Agreement negotiations
- 03 二月 2020
The government of PNG has called-off negotiations on the development of the ExxonMobil-operated P’nyang gas field.
News Release
JCC-indexed LNG contracts could lose US$15 billion value post IMO 2020
- 21 十一月 2019
Wood Mackenzie’s latest report reveals that LNG sellers with contracts linked to JCC (Japan Crude Cocktail) could lose some US$15 billion in unearned revenues. This is a result of the IMO 2020 regulation limiting sulphur content of marine fuels to up to 0.5%, which directly affects the price of sour crudes such as those composing the JCC mix. The IMO 2020 kicks in on 1st January 2020.
News Release
Australia’s east coast gas prices to bottom out over next two years
- 20 十一月 2019
In the latest Australia east coast gas market research, Wood Mackenzie projects that the LNG netback price for Australia’s east coast could bottom out to A$6.50 – A$9 per gigajoule (GJ) over the next two years.
Comment
Santos to acquire ConocoPhillips northern Australian assets
- 14 十月 2019
Santos announced today its plans to acquire ConocoPhillips’s northern Australian portfolio. This is a logical and attractive transaction for a number of reasons.
Comment
ExxonMobil to sell upstream assets in Gippsland Basin
- 18 九月 2019
ExxonMobil putting its entire Gippsland Basin upstream portfolio up for sale represents big news for the Australian upstream and gas market.
Comment
Shell's Prelude ships first LNG cargo
- 12 六月 2019
Wood Mackenzie senior analyst Daniel Toleman shares his thoughts on the event of Prelude's first LNG cargo.
News Release
Australia's next wave of LNG projects needs to compete to progress
- 28 五月 2019
According to research by Wood Mackenzie, a second wave of LNG investments is building, both in Australia and globally, and these projects need to compete to progress
Comment
Scott Morrison wins 2019 Australia election
- 20 五月 2019
Following PM Scott Morrison's win in the recent 2019 Australia election, Wood Mackenzie and Verisk Maplecroft analysts share their thoughts.
News Release
What would Australia's Labor win mean for the resources, energy and power sectors?
- 06 五月 2019
Australia's general election is around the corner and Labor looks set for victory. Labor has announced its commitment to reduce Australia’s carbon emissions by 45% between 2005 and 2030, and to reach net-zero pollution by 2050. It has also proposed changes to existing mechanisms to lower energy and gas prices.
Comment
Santos makes significant gas discovery at Corvus-2 appraisal well
- 16 四月 2019
Santos' announced the confirmation of a significant gas resource at Corvus-2 appraisal well. Wood Mackenzie senior analyst Daniel Toleman comments on the announcement.
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.
News Release
Asia-Pacific offshore wind capacity to rise 20-fold in next decade
- 24 十月 2018
New research from global natural resources consultancy Wood Mackenzie indicates Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027.
News Release
Asia-Pacific solar demand to decline first time this year
- 24 十月 2018
After a decade of stellar growth, Wood Mackenzie forecasts that solar demand in the Asia-Pacific will decline for the first time this year. Compared to 2017, the region's solar demand will dip 18% to 59 GW in 2018 due to declining installations in China, India and Japan.

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