Search

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

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.

Comment

TechnipFMC demerger 'a bold step to reposition for the long-term'

27 八月 2019

In 2017 Technip and FMC Technologies completed one of the hallmark oilfield service company mergers of the cycle. The business plans to split in the first half of 2020 – but not back into Technip and FMC - rather into ‘upstream’ and ‘mid/downstream’.

News Release

Data consortiums signal the future of oil and gas

07 八月 2019

Wood Mackenzie believes that discovering new value requires going beyond isolated datasets. The solution lies in data consortiums – cooperative platforms where companies can safely share quality data.

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

OPEC+ aims for balance as it rolls over output curbs

02 七月 2019

Speaking as the OPEC and OPEC+ meetings ended in Vienna today, Ann-Louise Hittle, vice president, Macro Oils, at global natural resources consultancy Wood Mackenzie, said: “The agreement to roll over production restraint was a foregone conclusion after the green light from Russia’s president, Vladimir Putin, at the G20 meeting for continued production restraint."

News Release

Mitsui and JOGMEC join Arctic LNG-2

01 七月 2019

Arctic LNG-2 is a step closer to final investment decision (FID) with the entry of Japanese companies Mitsui and government-linked Japan Oil, Gas and Metals National Corporation (JOGMEC) into the project.

News Release

OPEC+ set for rollover but risk clouds supply outlook

30 六月 2019

As OPEC and OPEC+ meet in Vienna, the outlook for the market is mixed, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie said. “Geopolitical risk means the supply outlook is tightening, offsetting the moderate weakening in oil demand growth thus far this year,” she said.

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.

News Release

Argentina LNG exports positioned to meet peak demand in Asia

13 六月 2019

Rising natural gas production in Argentina, coupled with competitive global LNG transportation costs, is expected to position the country as an emerging source of gas supply to Asia during peak demand periods, according to new research from Wood Mackenzie.

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.

Comment

Chevron exits bidding war for Anadarko

09 五月 2019

Chevron Corporation today announced that it would not offer a counterproposal to Occidental Petroleum's rival bid to acquire Anadarko Petroleum.

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.

News Release

LNG primed for US$200bn capex boom

25 四月 2019

The liquefied natural gas (LNG) boom is back. Over the next two years, almost 90 million tonnes per annum (mmtpa) of LNG is expected to take final investment decision (FID) and start construction. New research from Wood Mackenzie show that capital expenditure - for both LNG plant and upstream infrastructure - will total more than US$200 billion between 2019 and 2025. This will provide a major boost to engineering, procurement and construction (EPC) contractors and other providers along the supply chain.

News Release

Southeast Asian upstream M&A could hit US$14 billion

25 四月 2019

According to a new report by Wood Mackenzie, Southeast Asia could take centre stage in the region's upstream M&A activity in 2019, with up to US$14 billion worth of assets potentially switching hands.

Comment

Oxy tables US$38bn rival bid for Anadarko

24 四月 2019

Occidental Petroleum today put forward a rival bid to acquire Anadarko Petroleum for US$38 billion, surpassing Chevron's US$33 billion offer earlier this month.

Comment

BP to exit China shale gas

12 四月 2019

In the same week that Shell agreed to explore for shale oil in China, BP is reported to be exiting its two Sichuan basin shale gas blocks.

Comment

Aramco's $10bn bond underscores its vast global ambitions

01 四月 2019

Saudi Aramco’s decision to issue a $10 billion bond underscores how serious the company is about transforming itself into an international powerhouse across the oil and gas value chain, from upstream to petrochemicals.

Comment

Repsol-led consortium makes significant gas discovery in Indonesia

18 二月 2019

Following the announcement by Indonesia's upstream regulator SKK Migas on a gas discovery in the country, Wood Mackenzie's research director Andrew Harwood provides a commentary.

News Release

Brulpadda delivers the goods for Total

07 二月 2019

French major Total and its partners, Qatar Petroleum, Canadian Natural Resources, and Main Street, have made a potentially play-opening discovery with the Brulpadda-1 well, in South Africa’s deepwater Outeniqua basin, about 180 kilometres south-east of PetroSA's Mossel Bay gas-to-liquids plant.

News Release

Smoother sailing ahead for upstream supply chain players

06 二月 2019

The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to global natural resources consultancy Wood Mackenzie. As project FIDs increase, demand for equipment and services are buoying the prospects for the upstream supply chain.

News Release

Golden Pass crests second wave of US LNG

05 二月 2019

ExxonMobil and Qatar Petroleum’s announcement that they will proceed with development of the Golden Pass liquefied natural gas (LNG) export project at Sabine Pass, Texas, kicks off what could be a record year for LNG final investment decisions (FIDs). The go-ahead for Golden Pass LNG comes as Anadarko and its partners in Mozambique LNG (Area 1) took a major step towards FID after signing sales and purchase agreements (SPAs) with CNOOC, Tokyo Gas-Centrica and Shell. ExxonMobil (30%) and Qatar Petroleum (70%) said construction at Golden Pass will begin in the first quarter of this year, with start-up scheduled for 2024.

News Release

Exploration’s back in the black

04 二月 2019

After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.

Comment

US sanctions increase pressure on Venezuela

30 一月 2019

The US is poised to impose fresh sanctions on Venezuela, ratcheting up the stakes in the country's political crisis by curbing the Maduro government's access to cash from crude exports.

News Release

Has FLNG crested the wave?

30 一月 2019

Despite its small share of the total liquefied natural gas market, floating LNG (FLNG) has generated outsized interest in recent years. In a world requiring tight capital discipline, FLNG offers lower capital investment and manageable costs, particularly in frontier regions.

Comment

Brent set to average $65/b in 2019

21 一月 2019

Global markets were volatile heading into the new year. Oil has been no exception, with Brent trading between $62 per barrel on 7 December 2018 before falling to $51/b on 21 December. Mixed macroeconomic data have driven much of the volatility, with political uncertainty compounding concerns of a sharper than expected economic slowdown. What's the outlook for 2019?

News Release

Outlook sluggish for upstream M&A

21 一月 2019

Upstream dealmakers start 2019 facing an uphill battle. Volatile oil prices and bearish equity markets impede deal flow by creating uncertainty, widening the bid-ask spread, altering financial conditions and making companies re-think near-term strategies. In Q4 2018, as these factors emerged, deal count dropped to its lowest level since Q1 2015, with December the slowest month since January 2015.

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.

Access our research platforms

Refine results

Location

Industry Sector

Commodity

Article Category

Search results: 187

ExxonMobil to sell upstream assets in Gippsland Basin

Attack on Saudi Arabia's oil facilities

TechnipFMC demerger 'a bold step to reposition for the long-term'

Data consortiums signal the future of oil and gas

Japan to lose top LNG importer position to China by 2022

OPEC+ aims for balance as it rolls over output curbs

Mitsui and JOGMEC join Arctic LNG-2

OPEC+ set for rollover but risk clouds supply outlook

Malaysia offers significant gas opportunities

Argentina LNG exports positioned to meet peak demand in Asia

Shell's Prelude ships first LNG cargo

Australia's next wave of LNG projects needs to compete to progress

Scott Morrison wins 2019 Australia election

Chevron exits bidding war for Anadarko

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

LNG primed for US$200bn capex boom

Southeast Asian upstream M&A could hit US$14 billion

Oxy tables US$38bn rival bid for Anadarko

BP to exit China shale gas

Aramco's $10bn bond underscores its vast global ambitions

Repsol-led consortium makes significant gas discovery in Indonesia

Brulpadda delivers the goods for Total

Smoother sailing ahead for upstream supply chain players

Golden Pass crests second wave of US LNG

Exploration’s back in the black

US sanctions increase pressure on Venezuela

Has FLNG crested the wave?

Brent set to average $65/b in 2019

Outlook sluggish for upstream M&A

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