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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.

News Release

China’s green ambitions can complement energy security and economic goals

18 三月 2021

Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals.

Comment

OPEC+ surprises market as it extends output curbs

04 三月 2021

OPEC+ took the market by surprise when it decided to roll over its quota, saying that rather than anticipate a demand recovery, the group would wait to see it actually recover. The market was expecting a substantial increase in production because a tightening in the supply and demand balance is already evident.

News Release

IMO 2030 carbon intensity target can be achieved with adoption of amendments

26 二月 2021

Wood Mackenzie’s latest report reveals that the International Maritime Organization’s (IMO) 2030 carbon intensity target can be achieved with the adoption of the Energy Efficiency Design Index (EEDI) and Energy Efficiency Design Index for existing ships (EEXI) amendments at the Marine Environment Protection Committee (MEPC) 76 in June this year.

Comment

Qatar Petroleum takes FID on North Field East

09 二月 2021

Qatar Petroleum announced that it has taken final investment decision (FID) on the North Field East project.

Comment

Myanmar coup and impact on oil and gas industry

04 二月 2021

Following the military coup in Myanmar on Monday, February 1st, Wood Mackenzie and Verisk Maplecroft experts weigh in on what this means for the oil and gas industry.

News Release

OPEC+, Covid-19 and energy transition – 3 themes impacting oil markets and refining in 2021

28 一月 2021

Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key themes – OPEC+ production, Covid-19 developments, and the energy transition.

News Release

Resilience and sustainability to be core oil and gas themes of 2021

19 一月 2021

Wood Mackenzie’s latest analysis reveals that sustainability and resilience will be at the heart of the oil and gas industry story in 2021.

News Release

Future of gas in energy transition to be defined in 2021

14 一月 2021

2021 will be a defining year for the gas and LNG industry, says Wood Mackenzie in its latest outlook report.

Comment

China’s trucked LNG spot prices hit three-year high

12 一月 2021

Spot prices of trucked LNG in China were highly volatile last month.

News Release

Over three quarters of new LNG supply could be impacted in 2-degree world

09 十二月 2020

Wood Mackenzie’s latest report shows that over three quarters or 77% of new LNG supply are at risk under a 2-degree scenario.

Comment

OPEC+ agrees to increase output after tense negotiations

07 十二月 2020

Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply for Q1 2021, the group agreed to increase output by 500,000 b/d in January. Production restraint is set at minus 7.2 million b/d instead of the Q4 2020 level of minus 7.7 million b/d.

Comment

All eyes on OPEC meeting as group mulls easing of production restraint

01 十二月 2020

OPEC held its scheduled bi-annual meeting virtually on 30 November 2020. Though the group was unable to reach an agreement at that meeting, up for discussion is whether the production restraint would be eased starting 1 January 2021.

News Release

Asia Pacific upstream transactions plunge to lowest this century

19 十一月 2020

Wood Mackenzie’s latest analysis shows 2020 is on track to be the quietest year for upstream transactions in the Asia Pacific region since the beginning of the 21st century.

News Release

Consolidation to become major theme in E&P’s transition

17 十一月 2020

Consolidation among the Independents will accelerate in the face of energy transition, says Wood Mackenzie.

News Release

2-degree pathway could cut upstream gas investments by 65%

12 十一月 2020

A world on a 2-degree pathway could significantly reduce upstream gas investments by 65% through to 2040, says Wood Mackenzie.

News Release

ConocoPhillips swoops on Concho in $9.7bn all-stock deal

19 十月 2020

Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scale, ConocoPhillips is adding enough Permian production to nip at the heels of ExxonMobil’s massive programme."

News Release

China’s carbon neutrality bill could hit over US$5 trillion

08 十月 2020

Wood Mackenzie’s latest analysis shows over US$5 trillion of investments would be needed for China to reach its pathway for carbon-neutrality by 2060.

Comment

China pledges to be carbon-neutral by 2060

23 九月 2020

On 22 September, China announced its ambition to be carbon-neutral by 2060. Wood Mackenzie experts weigh in on what this means.

News Release

UK can lead world in net zero energy technologies – but investment is critical

16 九月 2020

Wood Mackenzie today delivered a comprehensive roadmap for the North Sea’s future to the OGTC, setting out the critical technologies needed to deliver an integrated net zero energy system on the UK Continental Shelf (UKCS), positioning the UK as a world-leader in the move to a low carbon world.

News Release

China’s gas power plants bleed under pressure from lower tariffs and trade war

15 九月 2020

China’s gas power plants are struggling to stay afloat as they face mounting pressure from lower tariffs and the ongoing trade war, says Wood Mackenzie.

News Release

Up to 7 mmtpa of spare capacity available at North West Shelf by 2027

07 九月 2020

Wood Mackenzie’s latest report shows that the North West Shelf (NWS) LNG project could have up to 7 million tonnes per annum (mmpta) of spare capacity available by 2027. This equates to 40% of the project’s nominal capacity.

News Release

Global regas capacity under construction hits 10-year high at 144 mmtpa

02 九月 2020

Global regasification (regas) capacity under construction is expected to hit a 10-year high at 144 million tonnes per annum (mmtpa) in 2020, says Wood Mackenzie.

Comment

Chevron swoops on Noble in US$13bn deal

20 七月 2020

Chevron is set to buy Noble Energy in a US$13 billion all-stock transaction, including US$5 billion in equity. This is the first large-scale corporate acquisition of this downturn.

Comment

Woodside takes impairment but is a US$80 carbon price the bigger news?

15 七月 2020

Wood Mackenzie analysts delved deeper into implications of Woodside's announced US$80 carbon price.

News Release

Total named industry’s most-admired explorer in WoodMac survey

06 七月 2020

French major Total has been named the upstream industry’s most-admired explorer, an accolade awarded in conjunction with Wood Mackenzie’s industry-leading annual Exploration Survey.

Comment

Shell's US$22bn write down 'signals fundamental change'

30 六月 2020

Royal Dutch Shell said on 20 June it would write off assets worth up to $22 billion on the back of weakening oil and gas demand due to the coronavirus pandemic and a weaker energy price outlook.

Comment

Chevron to sell stake in North West Shelf LNG

18 六月 2020

Chevron continuing to high-grade its portfolio and putting its 16.7% stake in the NWS up for sale makes a lot of sense.

Comment

BP asset write-down 'is significant for sector'

16 六月 2020

Speaking after BP announced it was writing down as much as $17.5 billion when it reports its second quarter results, Luke Parker, vice president, corporate analysis, said: “The impairment shouldn’t come as a big surprise, but the implications – near-term and long-term – are significant.”

Comment

Market set to tighten as OPEC+ agrees to extend 9.7 million b/d output cut

06 六月 2020

OPEC+ today (6 June 2020) agreed a one-month extension of the 9.7 million barrels per day (b/d) production cut. The extension will tighten the market further and could see Brent prices rise from the current $40/bbl toward $45-to-$50/bbl.

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Search results: 193

Chinese NEV and HEV sales to rise over 15-fold by 2035

China’s green ambitions can complement energy security and economic goals

OPEC+ surprises market as it extends output curbs

IMO 2030 carbon intensity target can be achieved with adoption of amendments

Qatar Petroleum takes FID on North Field East

Myanmar coup and impact on oil and gas industry

OPEC+, Covid-19 and energy transition – 3 themes impacting oil markets and refining in 2021

Resilience and sustainability to be core oil and gas themes of 2021

Future of gas in energy transition to be defined in 2021

China’s trucked LNG spot prices hit three-year high

Over three quarters of new LNG supply could be impacted in 2-degree world

OPEC+ agrees to increase output after tense negotiations

All eyes on OPEC meeting as group mulls easing of production restraint

Asia Pacific upstream transactions plunge to lowest this century

Consolidation to become major theme in E&P’s transition

2-degree pathway could cut upstream gas investments by 65%

ConocoPhillips swoops on Concho in $9.7bn all-stock deal

China’s carbon neutrality bill could hit over US$5 trillion

China pledges to be carbon-neutral by 2060

UK can lead world in net zero energy technologies – but investment is critical

China’s gas power plants bleed under pressure from lower tariffs and trade war

Up to 7 mmtpa of spare capacity available at North West Shelf by 2027

Global regas capacity under construction hits 10-year high at 144 mmtpa

Chevron swoops on Noble in US$13bn deal

Woodside takes impairment but is a US$80 carbon price the bigger news?

Total named industry’s most-admired explorer in WoodMac survey

Shell's US$22bn write down 'signals fundamental change'

Chevron to sell stake in North West Shelf LNG

BP asset write-down 'is significant for sector'

Market set to tighten as OPEC+ agrees to extend 9.7 million b/d output cut