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News Release
Kan discovery in Mexico’s shallow water one of the largest since 2020
- 02 五月 2023
Addressing Wintershall Dea’s Kan-1 discovery, Adrian Lara, Principal Research Analyst Latin America Upstream Oil and Gas, said “With Wintershall Dea’s first operated exploration well drilled in Mexico, the announced expected resource of 200 to 300 million barrels of equivalent of oil and gas in place outperforms the original prospective resource estimated at 196 mmboe. The discovery is one of the largest in Mexico’s shallow-water since Zama, made by Talos in 2017 and Saasken made by Eni in 2020.”
News Release
Sakarya Phase One kick-starts Turkey’s upstream sector transformation, making nation less reliant on gas imports
- 20 四月 2023
Addressing Turkish Petroleum Corporation’s (TPAO) launch of Sakarya Phase One, Ashley Sherman, Research Director, Caspian & Europe Upstream Oil and Gas for Wood Mackenzie said “Sakarya Phase One redefines the scale of Turkey’s upstream sector, bringing its first deepwater output and a fundamental shift in domestic energy security. To date, Turkey has relied almost entirely on gas imports to meet its demand. Sakarya Phase One will put a sizeable dent into the country’s energy import bill, which reached an eye-watering US$97 billion in 2022. But Phase Two would be the real gamechanger, enabling Sakarya to cover almost 30% of Turkey’s gas consumption by 2030.”
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
Emissions crackdown could fast-track Australian CCS projects
- 06 四月 2023
A revision to the Safeguard Mechanism, legislation that requires Australia’s largest emitters to cut direct emissions (known as Scope 1 emissions,) could trigger a spike in carbon, capture and storage (CCS) projects in the region, says Wood Mackenzie.
News Release
US Gulf of Mexico Lease Sale 259 shows optimism for the region
- 29 三月 2023
The US Gulf of Mexico region-wide Lease Sale 259 held today attracted 353 bids from 32 companies, with high bids totalling US $264 million. The amount of activity surpassed the previous lease sale spend in 2021, demonstrating optimism for the region, according to Wood Mackenzie analysts.
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
Bolivian gas production to decline faster than expected, exports to Brazil and Argentina to cease by 2030
- 18 一月 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
Norway to earn over US$200 billion from oil and gas sector in 2023
- 16 一月 2023
Norway’s oil and gas operations in the North Sea will continue to churn out cash as the Scandinavian country maintains high production to help support Europe’s energy crisis according to a report by Wood Mackenzie.
News Release
European gas storage plans for 2023 still stand despite cold snap
- 14 十二月 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
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
CCUS planned capacity nearing 1 billion tonnes per annum
- 26 八月 2022
US Inflation Reduction Act bill set to boost CCUS uptake but more is needed to meet net zero goals by 2050
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
Half of traditional super basins are future-fit and they have three things in common
- 21 七月 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
Eni makes discovery of the year, named most-admired upstream explorer
- 17 六月 2022
Italian major Eni has, for the fourth time in seven years, been named the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s industry-leading annual Exploration Survey.
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.
Comment
Major energy players raise the game in green investments in Asia
- 15 六月 2022
BP confirmed today that it picked up over 40% stake in the Asian Renewable Energy Hub project to produce and export green hydrogen in Australia.
Comment
Shell sanctions Crux gas project
- 30 五月 2022
Shell has sanctioned the development of the Crux gas field in Australia’s Bonaparte Basin.
News Release
UK government swoops on North Sea windfall profits
- 27 五月 2022
Wood Mackenzie’s research indicates that UK North Sea oil and gas producers are making more profits than ever before, in an era where the industry is in progressive decline.
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’.
News Release
Upstream sector on the rebound – but ‘peak uncertainty’ fears weigh in 2022
- 13 十二月 2021
The oil and gas sector will continue to rebound in 2022, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK) But the positive outlook will be tempered by concerns about its future. In its Global Upstream Outlook 2022, Wood Mackenzie points out the upstream industry must respond to the implications of the pledges made at COP26 and governments must set a course for the industry to follow.
News Release
Oil and gas companies must be bold as energy transition sets tone for 2022
- 09 十二月 2021
It’s set to be an action-packed year for Majors, Independents and national oil companies alike. Big choices will set strategic trajectories for the energy transition ahead. New research from Wood Mackenzie, a Verisk business (Nasdaq:VRSK), indicates that oil and gas companies are likely to be bold in 2022. Formidable cash flow generation, increasing new energy opportunities and the development of a carbon market are a powerful force for change.

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