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News Release
Asia Pacific could become a global leader in the energy transition
- 21 二月 2024
Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.
News Release
Australia sees record volume of upstream M&A deals, despite regulatory turmoil
- 16 十一月 2023
Australia sees record volume of upstream M&A deals, despite regulatory turmoil
News Release
Australian operators need to collaborate to create super basins
- 16 五月 2023
Australia’s oil and gas industry needs to urgently fast-track the creation of energy “super basins” to provide a pathway to greater sustainability and cut emissions, according to Anne Forbes, Upstream Research Analyst at Wood Mackenzie.
News Release
High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition
- 16 二月 2023
The energy transition will require oil and gas for decades to come, but the supply of lower-cost, lower-carbon “advantaged” barrels remain scarce, threatening emissions targets and causing upstream providers to pivot to new strategies, according to “Scraping the Barrel” a new Horizons analysis from 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.
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
LNG contracting off to a fast start this year with more than 10 mmtpa signed
- 16 五月 2022
Demand for long-term LNG contracts continues to gain momentum this year as large volumes have been signed and prices for oil-linked deals under negotiation are rising, according to a recently published LNG contract trends report by Wood Mackenzie.
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.
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
Woodside sanctions US$12 billion Scarborough and Pluto Train 2 project
- 22 十一月 2021
Woodside has sanctioned the US$12 billion Scarborough and Pluto Train 2 project. This is a big step for Woodside, Western Australia and the local LNG industry.
Comment
POSCO’s takeover bid for Senex could be Australia’s largest upstream takeover since 2018
- 18 十月 2021
South Korean conglomerate POSCO has made a surprise move on Australian gas producer Senex Energy making its first foray into the country’s upstream industry.
Comment
Woodside confirms potential merger with BHP's petroleum business
- 16 八月 2021
Woodside has confirmed it is in discussions with BHP over a potential merger involving BHP’s entire petroleum business.
Comment
Oil Search and Santos on a revised merger proposal
- 02 八月 2021
Oil Search and Santos have reached agreement on the merger ratio under the proposed merger.
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.
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
Australia releases Budget 2021
- 12 五月 2021
Wood Mackenzie experts comment on the recently announced Australia Budget 2021.
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
Australia should revise RET policy; more ambitious target needed to unlock investments
- 04 二月 2021
Australia needs an ambitious long-term Renewable Energy Target (RET) policy to unlock future investments, says Wood Mackenzie.
Comment
Biden administration and what it means for China and rest of Asia Pacific
- 20 一月 2021
As Biden’s inauguration approaches, Wood Mackenzie experts share how his administration could impact trade, climate change goals, and changes to the energy sector in Asia Pacific.
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.
News Release
Decarbonisation key to future of Asia Pacific’s upstream industry
- 15 十二月 2020
Wood Mackenzie’s Asia Pacific upstream 2021 outlook report shows that the development of regional decarbonisation roadmaps is crucial to the future of the upstream industry.
News Release
Over US$11 billion of Australian gas projects to be sanctioned in 2021
- 10 十二月 2020
Wood Mackenzie’s Australasian upstream 2021 outlook report shows at least US$11 billion of gas projects poised for FID in 2021.
News Release
Renewables in most of Asia Pacific to be cheaper than coal power by 2030
- 26 十一月 2020
Wood Mackenzie’s latest report shows most markets in Asia Pacific can expect to see cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030.
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
Portfolio resilience and sustainability at the core of corporate concerns
- 20 十月 2020
Wood Mackenzie’s 2020 Energy and Commodities Summit Asia Pacific edition kickstarted yesterday. Experts shared their views on how the energy sector is changing in light of the oil price crash, Covid-19 and the latest carbon-neutrality trends.
News Release
Energy transition to be key driver of Australia’s upstream M&A
- 01 十月 2020
The energy transition is expected to be a major driver of the future of Australia’s upstream M&A, 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
Renewable energy could reduce Asia Pacific LNG plant emissions by 8%
- 17 八月 2020
Using renewable energy to power liquefied natural gas (LNG) plants in Asia Pacific could reduce emissions by about 8%, says Wood Mackenzie.
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.

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