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News Release
Europe can weather halt in Russian gas supplies
- 18 三月 2022
European gas prices remain volatile amid the risks of disruptions of Russian piped imports. As additional sanctions against Russia are under discussion, a complete halt of Russian piped imports into the EU remains a risk. But Europe is in a better position to cope without Russian piped gas now than it was a few months ago, analysts from Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said.
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.
Comment
Europe can satisfy gas demand for now – but longer-term outlook is uncertain
- 23 二月 2022
Despite fears that Europe may face a gas crunch following the cancellation of Nord Stream 2, analysts at global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) say Europe is currently in a better situation than it was at the start of the 2021/22 winter.
News Release
China's renewables boom year poses major challenges to western markets
- 17 二月 2022
China’s renewables manufacturing has emerged from 2021 bigger and more competitive than ever before. Western markets are benefitting from trading with the IKEA of the energy transition, but balancing reliance on China’s technology providers with local interests is now a key political as well as environmental challenge, says Wood Mackenzie.
News Release
Five themes dominating China’s energy scene in 2022
- 27 一月 2022
Economic growth, stability in energy prices, energy transition, dual-control targets and relations with the US, are the top five themes to watch out for in China’s energy outlook this year, says Wood Mackenzie.
News Release
Oil demand faces downside risks; supply shortage not anticipated in 2022 with lots to watch out for
- 19 一月 2022
Wood Mackenzie releases its Oil markets: 5 things to look for in 2022 report which discusses the uncertainties and issues impacting global demand, oil supply and refining markets this year.
News Release
Key things to watch in the European gas market for 2022
- 13 一月 2022
Risk of a cold winter, uncertainty around pipeline imports and low gas inventories have set the scene across Europe for another volatile year ahead, with the potential for gas prices to soar further and energy shortages to bite.
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.
Comment
US to release crude oil from strategic petroleum reserve
- 25 十一月 2021
On 23 November, US President Biden announced the release of 50 million barrels (mbbl) of crude oil from the US Strategic Petroleum Reserve (SPR).
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.
News Release
Tapping working gas volume could cushion blow of Europe’s energy crunch
- 04 十一月 2021
European gas storage has been struggling to fill this summer. Storage at the beginning of November will be about 75% full, at 83 billion cubic metres (bcm), 14 bcm below the five-year average, rattling the market. A cold European winter could result in storage levels falling to zero by the end of March 2022, unless more Russian gas supply is available versus current export levels. But there could be an alternative available to the market should this come to pass – tapping the substantial amount of cushion gas available in Europe’s storage facilities. Global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), said using cushion gas could allow an extra 15 bcm enter the market, easing the supply crunch.
Comment
China’s inaugural SPR auction unlikely to impact global crude oil markets
- 24 九月 2021
China begins the sale of its Strategic Petroleum Reserves (SPR) today. According to Wood Mackenzie, a Verisk business (Nasdaq:VRSK), the SPR auction is unlikely to have material impact on crude oil markets globally.
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
Slower H2 demand across most commodities in China
- 28 七月 2021
Demand across most commodities in China is expected to slow down in the second half of 2021, according to Wood Mackenzie’s new monthly China Economic Focus report.
Comment
Japan’s new 2030 energy mix unveils radical plans to transform the energy system
- 27 七月 2021
Last week, Japan’s Ministry of Economy, Trade and Industry (METI) released a draft of its upcoming 6th Strategic Energy Plan which included major changes to the FY2030 power generation mix targets.
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
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
Colonial Pipeline cyberattack may benefit European refiners
- 10 五月 2021
The 2.5 million barrels per day (b/d) Colonial Pipeline moves roughly 45% of the US East Coast's supply of gasoline, diesel, and jet fuel from the Gulf Coast. The duration of the outage following the cyberattack on 7 May 2021 is uncertain. In the short term, Wood Mackenzie expects fuel demand and prices to rise in PADD 1, prompting refined fuel inventories to decline and PADD 1 refiners to maximize production.
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.
News Release
Will higher oil prices spell trouble for upstream discipline?
- 19 四月 2021
In its rebound from the 2020 downturn, Brent flirted with US$70 per barrel. Higher prices in 2021 mean higher cash flow for producers, perhaps even record-setting highs. Have the good times returned? Global natural resources consultancy Wood Mackenzie believes operators need to be cautious.
News Release
Action to achieve Paris climate goals will upend oil and gas prices
- 15 四月 2021
If the world acts decisively to limit global warming to 2°C by 2050, the scale of change will revolutionise the energy industry. Progressive electrification will squeeze the most polluting hydrocarbons out of the energy mix, nearly eliminating their markets. Oil demand will shrink, and with it, so will the power of major oil producers. Gas demand will remain resilient, but business models will need to evolve.
News Release
Asia’s ambitious biofuels plans thwarted by supply constraints and food security concerns
- 31 三月 2021
Asia’s ambitious biofuels blending targets will be a challenge to meet due to supply constraints and food security concerns, says Wood Mackenzie.
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
Chinese NEV and HEV sales to rise over 15-fold by 2035
- 23 三月 2021
Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie.

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