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Dominican Republic launches first licensing round

10 七月 2019

The Dominican Republic today launched its first licensing round, putting 14 blocks across its on- and offshore basins up for bid.

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Petrogas and Hitec Vision snap up Total UK asset package in $635m deal

10 七月 2019

French Major Total has sold its stakes in 10 UK North Sea fields to Petrogas NEO, a new joint venture between Petrogas and HitecVision, for US$635 million. The asset package includes operated and non-operated assets, which will produce 25,000 barrels of oil equivalent per day (boe/d) this year. The assets hold over 30 million barrels of oil equivalent in remaining reserves.

News Release

New pipeline needed to meet surge in demand for Permian crude

08 七月 2019

Growing supply of Permian crude means the basin will need extra crude oil takeaway capacity of up to 500,000 barrels per day (b/d) by the end of next decade, according to new research from global natural resources consultancy Wood Mackenzie.

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

Mozambique LNG under starter’s orders

18 六月 2019

US independent Anadarko Petroleum today formally sanctioned its Mozambican liquefied natural gas (LNG) project, Mozambique LNG. Anadarko is developing Mozambique’s first onshore LNG facility, initially consisting of two LNG trains with a total nameplate capacity of 12.88 million tonnes per annum (mmtpa). Feedgas comes from the Golfinho/Atum field, in Offshore Area 1.

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Japan's INPEX signs deal with Indonesia on Masela block development

17 六月 2019

The HoA formalises the recent outline agreement between the Government of Indonesia and INPEX on the Masela development project.

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

Comstock takes Haynesville lead with US$2.2bn Covey Park deal

11 六月 2019

Comstock Resources today tightened its grip on the Haynesville basin with a US$2.2 billion cash-and-stock deal to buy privately-held producer Covey Park.

News Release

Corpus Christi set to be top U.S. crude export hub

11 六月 2019

The Texas port of Corpus Christi is set to emerge as the top crude oil export hub in the US over the next decade, reflecting major investments in shipping facilities and pipeline infrastructure, according to new research from Wood Mackenzie's North America Crude Markets Service.

Comment

Delek in US$2bn swoop on Chevron’s North Sea assets

30 五月 2019

Israel’s Delek Group confirmed today that it will buy US major Chevron’s North Sea assets in a US$2 billion deal.

Comment

CNR snaps up Devon's Canada assets in US$2.8bn deal

29 五月 2019

Canadian Natural Resources today announced a C$3.8 billion (US$2.8 billion) acquisition of Devon Energy's Canadian assets, marking the company's seventh major acquisition since 2014.

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.

News Release

Montney total production to increase by 16% in 2019

16 五月 2019

Total production in Canada's Montney play will likely reach 10 billion cubic feet equivalent per day (bcfe/d) in 2019, an increase of 16% from 2018, according to new research from Wood Mackenzie.

Comment

Equinor takes extra slice of Caesar-Tonga

13 五月 2019

Equinor has exercised its preferential rights over Delek Group to acquire an additional 22.45% interest in the Caesar-Tonga oil field from Shell, for a total consideration of US$965 million in cash.

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

What would Australia's Labor win mean for the resources, energy and power sectors?

06 五月 2019

Australia's general election is around the corner and Labor looks set for victory. Labor has announced its commitment to reduce Australia’s carbon emissions by 45% between 2005 and 2030, and to reach net-zero pollution by 2050. It has also proposed changes to existing mechanisms to lower energy and gas prices.

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

Murphy Oil dives into deepwater Gulf of Mexico with US$1.6bn LLOG deal

23 四月 2019

Murphy Oil Exploration is poised to buy several deepwater Gulf of Mexico assets from LLOG Exploration for a total of US$1.625 billion, split into a US$1.375 billion cash payment and US$250 million in contingent payments.

Comment

BP’s US$6bn Azeri Central East project gets the nod

19 四月 2019

BP and partners have taken a final investment decision (FID) on the Azeri Central East (ACE) platform, the latest phase at Azerbaijan's super-giant Azeri-Chirag-Guneshli (ACG) oilfield. The US$6 billion project will be one of the biggest upstream FIDs of the year.

Comment

Chrysaor snaps up ConocoPhillips' North Sea assets in US$2.7bn deal

18 四月 2019

Chrysaor on 18 April 2019 agreed to buy ConocoPhillips’ North Sea assets in a US$2.7 billion deal. The purchase will make Chrysaor the top producer in the UK in 2019 and keep it among the UK's largest producers for the next few years.

Comment

Majors step up to bid on Argentina offshore acreage

17 四月 2019

Argentina's first national offshore licensing round attracted the interest of the Majors, and resulted in winning bids totalling US$718.28 million.

Comment

Santos makes significant gas discovery at Corvus-2 appraisal well

16 四月 2019

Santos' announced the confirmation of a significant gas resource at Corvus-2 appraisal well. Wood Mackenzie senior analyst Daniel Toleman comments on the announcement.

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Search results: 330

Dominican Republic launches first licensing round

Petrogas and Hitec Vision snap up Total UK asset package in $635m deal

New pipeline needed to meet surge in demand for Permian crude

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

Mozambique LNG under starter’s orders

Japan's INPEX signs deal with Indonesia on Masela block development

Argentina LNG exports positioned to meet peak demand in Asia

Shell's Prelude ships first LNG cargo

Comstock takes Haynesville lead with US$2.2bn Covey Park deal

Corpus Christi set to be top U.S. crude export hub

Delek in US$2bn swoop on Chevron’s North Sea assets

CNR snaps up Devon's Canada assets in US$2.8bn deal

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

Scott Morrison wins 2019 Australia election

Montney total production to increase by 16% in 2019

Equinor takes extra slice of Caesar-Tonga

Chevron exits bidding war for Anadarko

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

What would Australia's Labor win mean for the resources, energy and power 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

Murphy Oil dives into deepwater Gulf of Mexico with US$1.6bn LLOG deal

BP’s US$6bn Azeri Central East project gets the nod

Chrysaor snaps up ConocoPhillips' North Sea assets in US$2.7bn deal

Majors step up to bid on Argentina offshore acreage

Santos makes significant gas discovery at Corvus-2 appraisal well