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China’s Q2 2020 oil demand shows signs of recovery

26 五月 2020

According to the latest analysis by Wood Mackenzie, China’s oil demand will recover to 13 million barrels per day (b/d) in Q2 2020, a 16.3% jump compared to Q1 this year.

News Release

Bangladesh to double its fossil fuel imports in a decade

14 五月 2020

Bangladesh is expected to double its fossil fuel imports to 32 million tonnes of oil equivalent (Mtoe) between 2020 and 2030, says Wood Mackenzie.

Comment

Collapsing demand sets the terms in the OPEC+ battle for market share

09 四月 2020

Since OPEC+’s failure to agree on production restraint on 5-6 March, the implications of the Covid-19 pandemic have become far clearer, sparking a crisis in the oil market as prices fell and supply ramped up. The problem for these producers is the scale of the fall in oil demand, especially during April and forecast for Q2 2020. No matter the size of the varying forecasts, they all point to a challenging market that puts pressure on storage space and prices.

Comment

US$210bn of new spend in firing line as players target cost cuts

02 四月 2020

The oil price crash has hit the upstream sector hard. Deep cuts are being made across the board, but it will have a dramatic impact on the industry’s project pipeline. Global natural resources consultancy Wood Mackenzie believes almost all pre-FID projects will be deferred. Of the 50+ projects we identified with potential to go ahead this year, only 10 have a chance of proceeding, but all are at risk.

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.

Comment

India’s 21-day lockdown – Impact on commodities?

30 三月 2020

India is under a three-week lockdown from 25 March to contain the spread of the coronavirus outbreak. Wood Mackenzie analysts discuss what this means for the power, coal, gas and LNG, and oil products sectors.

News Release

China’s crude reserves to reach 1.15 billion barrels in 2020

23 三月 2020

Wood Mackenzie’s latest analysis reveals that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion barrels in 2020, equivalent to 83 days of oil demand.

Comment

Industry slashes spending as price rout deepens: Can companies cope?

19 三月 2020

Survival mode has returned to the oil and gas sector as the oil price rout deepens. Corporate financials are in better shape than during the 2014/2015 crash, but room for manoeuvre is limited. Can companies cope with prices this low?

News Release

Oil price rout may trigger major industry shake-up

10 三月 2020

As global markets reel in the wake of the oil price crash, Wood Mackenzie’ corporate analysis team believes the price collapse could be the trigger for a new phase of deep industry restructuring - one that rivals the changes seen in the late-1990s.

News Release

OPEC+ ‘no deal’ a blow to the market

06 三月 2020

The OPEC+ meeting broke up without a deal, what does it mean for the markets?

Comment

China’s demand drops for first time since 2009 as coronavirus hits oil markets

04 二月 2020

The near-term impact of the coronavirus outbreak on oil demand remains uncertain as much depends upon when and how China’s manufacturing industry restarts after the currently extended Lunar New Year public holiday.

Comment

India's 2020 energy outlook

23 一月 2020

India's 2020 energy outlook

Comment

What does the US-China trade deal mean for refiners - and for the market?

20 一月 2020

After over a year of trade tensions, the US and China signed a “phase one” trade deal on 16 January. As part of the deal, China has agreed to increase the value of energy imports by US$52.4 billion above 2017 levels over the next two years. What could it mean for the oil market?

Comment

US and China sign Phase One trade deal

16 一月 2020

Wood Mackenzie's Gavin Thompson provides a commentary on the US-China Phase One trade deal

News Release

Asia Pacific gas and LNG - 6 themes to watch in 2020

13 一月 2020

Wood Mackenzie has identified six themes that will impact Asia Pacific’s gas and LNG markets in 2020.

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.

Comment

European Investment Bank to cease funding fossil fuel projects

15 十一月 2019

The EIB's new financing criteria will make lending to gas projects very difficult. It highlights that gas is also increasingly in the spotlight of the climate debate.

Comment

Total expands partnership with Adani on India's gas market

14 十月 2019

Total announced today its partnership with Adani Group which includes two LNG terminals, Dhamra in East India and potentially Mundra in the West, as well as Adani Gas Limited, one of the 4 main distributors of city gas in India of which Adani holds 74.8% and of which Total will acquire 37.4%.

News Release

China’s pipeline reform: expect higher gas prices in the short-term

09 十月 2019

New research from Wood Mackenzie indicates that the creation of a national pipeline company in China is a step in the right direction but will result in higher end-user prices in the short-term as the country tries to balance institutional reform with implementation risks.

Comment

Attack on Saudi Arabia's oil facilities

16 九月 2019

This attack has material implications for the oil market, as a loss of 5 million barrels per day of supplies from Saudi Arabia cannot be met for long by existing inventories and the limited spare capacity of the other OPEC+ group members. A geopolitical risk premium will return to the oil price.

News Release

Japan to lose top LNG importer position to China by 2022

23 七月 2019

According to a new report by Wood Mackenzie, Japan could lose its pole position as the world’s top LNG importer to China as early as 2022.

News Release

Malaysia offers significant gas opportunities

24 六月 2019

According to research by natural resources consultancy Wood Mackenzie, Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia, primarily due to the need for additional gas supply.

Comment

IMO 2020 – what does it mean for downstream, upstream, LNG and bulks sectors?

07 五月 2019

Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie's Asia Pacific experts weigh in on what this means for the different sectors.

Comment

India commissions first east coast LNG terminal

07 三月 2019

India's first east coast regas project, Ennore LNG terminal, was commissioned yesterday by Indian Oil Corporation (IOCL). Wood Mackenzie's senior analyst Kaushik Chatterjee shares the significance of this project and how this marks the beginning of India doubling its regas capacity to 56.5 million metric tonnes per annum (mmtpa) by 2025.

Comment

Medco Energi's potential takeover of UK-listed Ophir Energy

02 一月 2019

On the first day of 2019, Ophir announced it was in talks with Indonesia's Medco Energi regarding a cash takeover. No amount or other details have yet been released, other than Medco has to make a clear binding offer by the 28th of January if a deal is to proceed. Ophir's upstream portfolio includes assets in Thailand, Vietnam, Indonesia, Malaysia, Equatorial Guinea and Tanzania. It also has exploration acreage in Mexico and Bangladesh.

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 players need to boost spending to meet future demand

24 十月 2018

Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade.

Comment

New wave of growth on the horizon for Asia-Pacific's oil and gas sector

15 十月 2018

Asia-Pacific's oil and gas sector looks set to rebound over the next 12 months as rising demand, stronger commodity prices and an uptick in M&A activity bring greater confidence to the region. Wood Mackenzie predicts rising Asian LNG demand, the return of China's NOCs to growth mode and new appetite for upstream investment to be key factors influencing the sector, not only Asia-Pacific, but also globally into 2019.

Comment

China's retaliatory tariff on US LNG

19 九月 2018

In the 12 months up until June 2018, China was the second largest buyer of US LNG, accounting for approximately 3 mmtpa of US LNG, with Shell being the largest seller. However as the US-China trade dispute escalated, Chinese buyers have gradually reduced purchases of US LNG.

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.

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Search results: 72

China’s Q2 2020 oil demand shows signs of recovery

Bangladesh to double its fossil fuel imports in a decade

Collapsing demand sets the terms in the OPEC+ battle for market share

US$210bn of new spend in firing line as players target cost cuts

Gas sector impacted by triple whammy of coronavirus, oil price crash and LNG oversupply

India’s 21-day lockdown – Impact on commodities?

China’s crude reserves to reach 1.15 billion barrels in 2020

Industry slashes spending as price rout deepens: Can companies cope?

Oil price rout may trigger major industry shake-up

OPEC+ ‘no deal’ a blow to the market

China’s demand drops for first time since 2009 as coronavirus hits oil markets

India's 2020 energy outlook

What does the US-China trade deal mean for refiners - and for the market?

US and China sign Phase One trade deal

Asia Pacific gas and LNG - 6 themes to watch in 2020

JCC-indexed LNG contracts could lose US$15 billion value post IMO 2020

European Investment Bank to cease funding fossil fuel projects

Total expands partnership with Adani on India's gas market

China’s pipeline reform: expect higher gas prices in the short-term

Attack on Saudi Arabia's oil facilities

Japan to lose top LNG importer position to China by 2022

Malaysia offers significant gas opportunities

IMO 2020 – what does it mean for downstream, upstream, LNG and bulks sectors?

India commissions first east coast LNG terminal

Medco Energi's potential takeover of UK-listed Ophir Energy

Major LNG buyers' uncontracted demand to quadruple by 2030

Upstream players need to boost spending to meet future demand

New wave of growth on the horizon for Asia-Pacific's oil and gas sector

China's retaliatory tariff on US LNG

Australian gas shortages loom as LNG exporters and domestic consumers compete for supply