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COP28: Middle East could play a key role in decarbonising global economy

23 十一月 2023

Large oil and gas reserves in the Middle East have resulted in especially low domestic energy prices and provide little incentive to transition to low carbon alternatives, according to Wood Mackenzie’s Middle East Energy Transition Outlook report.

News Release

FLNG sector thriving amid projects boom

31 八月 2023

The right economic and geo-political conditions mean that the outlook for the global floating liquified natural gas (FLNG) project sector is bullish according to a new report by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

27 七月 2023

Indonesia’s oil and gas sector must undergo a major overhaul in the way it operates if it is to realise the full potential of the country’s natural resources and support a successful energy transition, according to a new white paper by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s

20 七月 2023

Despite concerns about underinvestment in upstream, peak oil and gas demand can be met in the 2030s without a substantial increase to current annual asset development investment levels of US$500 billion in 2023 terms, according to a new Horizons report from Wood Mackenzie.

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

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.

News Release

Wood Mackenzie appoints new Chief Financial Officer

27 三月 2023

Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Simon Crowe to its global executive leadership team as Chief Financial Officer (CFO), effective 27th March.

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

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

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

06 十二月 2022

Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said “The decision by OPEP+ to continue with its recently agreed 2 million barrels per day (b/d) production cut through the end of 2023 is not a surprise, given the uncertainty in the market over the impact of the 5 December EU Russia crude oil import ban and the G7 price cap. In addition, the producers group faces downside risk from the potential for weakening global economic growth and China’s zero Covid policy.”

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

Offshore CCS projects could breathe new life into Gulf of Mexico

04 十一月 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

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

28 十月 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

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

01 九月 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

The Australian energy crisis highlights the need for new gas supply

29 八月 2022

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

News Release

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

21 七月 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

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

16 六月 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

Market searches for new Henry Hub ceiling price as supply/demand response remains unusually muted

22 四月 2022

The recent run up in natural gas prices - hitting its highest at Henry Hub since 2008 - is a result of more muted market balancing mechanisms than in the past, say analysts from Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

News Release

How the energy transition can reduce the risk of future shocks

21 四月 2022

Five key lessons from today's energy crisis on how to manage the shift to lower-carbon sources while strengthening energy security

News Release

Domestic UK oil & gas can reduce reliance on energy imports

07 四月 2022

High commodity prices and Russia's invasion of Ukraine have called into question the UK’s reliance on energy imports. In response, the UK government is set to unveil a new ‘energy security strategy’.

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

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.

Comment

What would an EU carbon border adjustment mechanism mean?

14 七月 2021

The EU Commission proposed a carbon border adjustment mechanism (CBAM) as part of today’s “Fit for 55” package. James Whiteside, global head of multi-commodity research at Wood Mackenzie, said: “As the first mechanism of its kind, the CBAM is being designed in consultation with industry to avoid unintended consequences. “A CBAM that does not cover a substantial portion of the production chain will encourage carbon leakage - pushing emissions beyond the borders of the EU or shifting competition between EU and non-EU producers to the next stage of the value chain.”

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.”

Comment

Supply outlook tightens as OPEC+ prepares to meet

01 七月 2021

As OPEC+ meets on 1 July, oil prices are supported by tightening oil market fundamentals for the second half of 2021. Global natural resources consultancy Wood Mackenzie forecasts total oil demand to rise 5.9 million barrels per day (b/d) year-on-year for 2021.

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.

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.

Comment

NEA Gas Forum - the future of gas is Asia and the prize is large

09 六月 2021

Wood Mackenzie experts discussed key drivers of Asia Pacific gas markets at the Northeast Asia Gas Forum today.

News Release

UK charts course for net zero North Sea

06 五月 2021

The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry's capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050.

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.

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Search results: 86

COP28: Middle East could play a key role in decarbonising global economy

FLNG sector thriving amid projects boom

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s

Australian operators need to collaborate to create super basins

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

Wood Mackenzie appoints new Chief Financial Officer

Veritas Capital completes acquisition of Wood Mackenzie

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

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

Wood Mackenzie launches Lens Gas & LNG

Offshore CCS projects could breathe new life into Gulf of Mexico

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

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

The Australian energy crisis highlights the need for new gas supply

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

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

Market searches for new Henry Hub ceiling price as supply/demand response remains unusually muted

How the energy transition can reduce the risk of future shocks

Domestic UK oil & gas can reduce reliance on energy imports

Wood Mackenzie weighs in on COP26 key takeaways

UK gas output slump helps fuel price rally

What would an EU carbon border adjustment mechanism mean?

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

Supply outlook tightens as OPEC+ prepares to meet

Carbon removal key to meeting Paris Agreement target

Producing green LNG is key for Australia to remain competitive

NEA Gas Forum - the future of gas is Asia and the prize is large

UK charts course for net zero North Sea

OPEC+ maintains production plan