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Steel decarbonisation to redefine supply chains by 2050

19 十月 2023

The rise of electric-arc furnace technology, increased use of green feedstock and evolving carbon policies will reshape steel production and global trade patterns.

News Release

Global wind energy to top 1 TW threshold by the end of 2023

11 四月 2023

The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from 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

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.

News Release

Global energy storage set to triple in 2021

07 十月 2021

New research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows annual global storage deployments will nearly triple year-on-year, reaching 12 GW/28 GWh in 2021. Across the world, economic recovery is top of mind for politicians, with renewable energy integration taking centre stage. Despite disruptions from the Covid-19 pandemic, Wood Mackenzie’s Global Energy Storage Outlook, released today, forecasts nearly 1 TWh of total demand from 2021-2030.

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

Saudi Arabia’s May 2020 OSPs for crude exports bode well for Asian refiners

16 四月 2020

Looking at the May OSPs, it is clear that Saudi Arabia wants to ensure its crude remains very competitive in Asia.

Comment

Collapsing demand sets the terms in the OPEC+ battle for market share

09 四月 2020

Since OPEC+’s failure to agree on production restraint on 5-6 March, the implications of the Covid-19 pandemic have become far clearer, sparking a crisis in the oil market as prices fell and supply ramped up. The problem for these producers is the scale of the fall in oil demand, especially during April and forecast for Q2 2020. No matter the size of the varying forecasts, they all point to a challenging market that puts pressure on storage space and prices.

Comment

US$210bn of new spend in firing line as players target cost cuts

02 四月 2020

The oil price crash has hit the upstream sector hard. Deep cuts are being made across the board, but it will have a dramatic impact on the industry’s project pipeline. Global natural resources consultancy Wood Mackenzie believes almost all pre-FID projects will be deferred. Of the 50+ projects we identified with potential to go ahead this year, only 10 have a chance of proceeding, but all are at risk.

News Release

Oil price rout: which supply is most at risk of shut-in?

27 三月 2020

The coronavirus pandemic is reducing oil demand. The OPEC+ production restraint agreement fell apart on 6 March and Saudi Arabia is rapidly increasing supply. The result: Brent crude has plunged to less than US$30/bbl. This will have a significant impact on currently producing fields and future supply. How low can the price go before different sources of production become uneconomic? Where are production shut-ins most likely? Can governments influence the result?

Comment

Industry slashes spending as price rout deepens: Can companies cope?

19 三月 2020

Survival mode has returned to the oil and gas sector as the oil price rout deepens. Corporate financials are in better shape than during the 2014/2015 crash, but room for manoeuvre is limited. Can companies cope with prices this low?

News Release

Oil price rout may trigger major industry shake-up

10 三月 2020

As global markets reel in the wake of the oil price crash, Wood Mackenzie’ corporate analysis team believes the price collapse could be the trigger for a new phase of deep industry restructuring - one that rivals the changes seen in the late-1990s.

News Release

OPEC+ ‘no deal’ a blow to the market

06 三月 2020

The OPEC+ meeting broke up without a deal, what does it mean for the markets?

Comment

Aramco takes slice of Reliance’s refining and petchems businesses

11 八月 2019

Saudi Aramco is to set to take a 20% stake in Reliance Industries' refining and petrochemical businesses.

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

Upstream players need to boost spending to meet future demand

24 十月 2018

Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade.

Comment

Petronas takes 10% stake in Oman’s Khazzan development

23 十月 2018

Malaysian NOC Petronas buys a 10% interest in Oman's Khazzan development

News Release

OPEC producers key to world supply through to 2040

16 七月 2018

Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.

News Release

Can upstream cost savings stick?

15 十二月 2017

The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.

News Release

OPEC stays the course with production deal

01 十二月 2017

OPEC and non-OPEC producers agree to extend production curbs through 2018

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Search results: 20

Steel decarbonisation to redefine supply chains by 2050

Global wind energy to top 1 TW threshold by the end of 2023

High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition

Global gas and LNG – 6 trends to watch in 2022

Global energy storage set to triple in 2021

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

Saudi Arabia’s May 2020 OSPs for crude exports bode well for Asian refiners

Collapsing demand sets the terms in the OPEC+ battle for market share

US$210bn of new spend in firing line as players target cost cuts

Oil price rout: which supply is most at risk of shut-in?

Industry slashes spending as price rout deepens: Can companies cope?

Oil price rout may trigger major industry shake-up

OPEC+ ‘no deal’ a blow to the market

Aramco takes slice of Reliance’s refining and petchems businesses

Data consortiums signal the future of oil and gas

Upstream players need to boost spending to meet future demand

Petronas takes 10% stake in Oman’s Khazzan development

OPEC producers key to world supply through to 2040

Can upstream cost savings stick?

OPEC stays the course with production deal