• News Release

  Asia’s ambitious biofuels plans thwarted by supply constraints and food security concerns

  • 31 3月 2021

  Asia’s ambitious biofuels blending targets will be a challenge to meet due to supply constraints and food security concerns, says Wood Mackenzie.

• News Release

  Will higher oil prices spell trouble for upstream discipline?

  • 19 4月 2021

  In its rebound from the 2020 downturn, Brent flirted with US$70 per barrel. Higher prices in 2021 mean higher cash flow for producers, perhaps even record-setting highs. Have the good times returned? Global natural resources consultancy Wood Mackenzie believes operators need to be cautious.

• News Release

  OPEC+ maintains production plan

  • 27 4月 2021

  OPEC+ is, as expected, holding firm to its decision to increase supply, gradually and carefully, over the coming months.

• Comment

  Colonial Pipeline cyberattack may benefit European refiners

  • 10 5月 2021

  The 2.5 million barrels per day (b/d) Colonial Pipeline moves roughly 45% of the US East Coast's supply of gasoline, diesel, and jet fuel from the Gulf Coast. The duration of the outage following the cyberattack on 7 May 2021 is uncertain. In the short term, Wood Mackenzie expects fuel demand and prices to rise in PADD 1, prompting refined fuel inventories to decline and PADD 1 refiners to maximize production.

• News Release

  Europe emerges as global LNG price-setter

  • 27 5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

  NEA Gas Forum - the future of gas is Asia and the prize is large

  • 09 6月 2021

  Wood Mackenzie experts discussed key drivers of Asia Pacific gas markets at the Northeast Asia Gas Forum today.

• News Release

  Producing green LNG is key for Australia to remain competitive

  • 17 6月 2021

  Australian producers need to be at the forefront of green LNG to remain competitive, says Wood Mackenzie.

• Comment

  Supply outlook tightens as OPEC+ prepares to meet

  • 01 7月 2021

  As OPEC+ meets on 1 July, oil prices are supported by tightening oil market fundamentals for the second half of 2021. Global natural resources consultancy Wood Mackenzie forecasts total oil demand to rise 5.9 million barrels per day (b/d) year-on-year for 2021.

• Comment

  What would an EU carbon border adjustment mechanism mean?

  • 14 7月 2021

  The EU Commission proposed a carbon border adjustment mechanism (CBAM) as part of today’s “Fit for 55” package. James Whiteside, global head of multi-commodity research at Wood Mackenzie, said: “As the first mechanism of its kind, the CBAM is being designed in consultation with industry to avoid unintended consequences. “A CBAM that does not cover a substantial portion of the production chain will encourage carbon leakage - pushing emissions beyond the borders of the EU or shifting competition between EU and non-EU producers to the next stage of the value chain.”

• Comment

  Japan’s new 2030 energy mix unveils radical plans to transform the energy system

  • 27 7月 2021

  Last week, Japan’s Ministry of Economy, Trade and Industry (METI) released a draft of its upcoming 6th Strategic Energy Plan which included major changes to the FY2030 power generation mix targets.

• Comment

  Slower H2 demand across most commodities in China

  • 28 7月 2021

  Demand across most commodities in China is expected to slow down in the second half of 2021, according to Wood Mackenzie’s new monthly China Economic Focus report.

• News Release

  Global gas and LNG – 6 trends to watch in 2022

  • 13 1月 2022

  Wood Mackenzie, releases its Global gas and LNG – 6 things to watch for in 2022 report.

• News Release

  Key things to watch in the European gas market for 2022

  • 13 1月 2022

  Risk of a cold winter, uncertainty around pipeline imports and low gas inventories have set the scene across Europe for another volatile year ahead, with the potential for gas prices to soar further and energy shortages to bite.

• News Release

  Oil demand faces downside risks; supply shortage not anticipated in 2022 with lots to watch out for

  • 19 1月 2022

  Wood Mackenzie releases its Oil markets: 5 things to look for in 2022 report which discusses the uncertainties and issues impacting global demand, oil supply and refining markets this year.

• News Release

  Europe can weather halt in Russian gas supplies

  • 18 3月 2022

  European gas prices remain volatile amid the risks of disruptions of Russian piped imports. As additional sanctions against Russia are under discussion, a complete halt of Russian piped imports into the EU remains a risk. But Europe is in a better position to cope without Russian piped gas now than it was a few months ago, analysts from Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said.

• News Release

  World must double-down on plans to achieve net zero by 2050

  • 23 3月 2022

  Over the last year, strong demand recovery and a lack of investment in supply has caused prices to rise across sectors. Energy security and geopolitical tensions have added unprecedented uncertainty to markets across the globe. On top of that, countries and corporations still bear the massive challenge of limiting global warming to 1.5 ˚C.

• News Release

  About 650,000 barrels per day of Russian crude oil to be ‘swapped’

  • 05 4月 2022

  About 650,000 barrels per day (b/d) of Russian crude oil are to be relocated from advanced economies, and the solution could be ‘crude swapping’, says Wood Mackenzie.

• News Release

  Domestic UK oil & gas can reduce reliance on energy imports

  • 07 4月 2022

  High commodity prices and Russia's invasion of Ukraine have called into question the UK’s reliance on energy imports. In response, the UK government is set to unveil a new ‘energy security strategy’.

• News Release

  How the energy transition can reduce the risk of future shocks

  • 21 4月 2022

  Five key lessons from today's energy crisis on how to manage the shift to lower-carbon sources while strengthening energy security

• News Release

  Market searches for new Henry Hub ceiling price as supply/demand response remains unusually muted

  • 22 4月 2022

  The recent run up in natural gas prices - hitting its highest at Henry Hub since 2008 - is a result of more muted market balancing mechanisms than in the past, say analysts from Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

• News Release

  Complete ban on Russian commodity exports accelerate LNG growth and energy transition

  • 16 6月 2022

  War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict, a rewriting of energy trade flows is now underway.

• News Release

  Russia supply reduction via Nord Stream poses risks to gas storage refill in Europe

  • 17 6月 2022

  Russia reducing flows via Nord Stream, outages at Freeport and French nuclear downgrades have sent the European natural gas market into an upward spiral with more volatility still to come. And while summer consumption will be covered, analysts at Wood Mackenzie, a Verisk business (Nasdaq: VRSK) say storage refill is at risk unless additional demand and supply measures are taken.

• News Release

  Wood Mackenzie and Ball Corporation introduce new tool that tracks global LNG liquefaction train statuses in near real-time

  • 13 7月 2022

  Wood Mackenzie, Inc. a Verisk business (NASDAQ:VRSK), and Ball Corporation (NYSE: BALL) today announced the launch of Global LNG Liquefaction Monitoring – the first product arising from their strategic agreement to accelerate the development of advanced analytics for energy markets.

• News Release

  China’s LNG imports to see unprecedented decline in 2022

  • 19 7月 2022

  China’s LNG imports are set to fall over 14% year-on-year to 69 million tonnes (Mt) in 2022, the largest decline since it began LNG imports, says Wood Mackenzie.

• News Release

  Stability of Russian gas flows remain uncertain, despite the reopening of Nord Stream

  • 21 7月 2022

  Gazprom confirmed today that regular annual maintenance of Nord Stream is officially over and gas flows restarted at 63 million cubic metres per day (mcm/d) – 40% of the pipeline’s overall capacity. The European gas market has reacted, with prices down by 5%; but the stability of Russian gas flows is by no means a given, according to analysts at Wood Mackenzie.

• News Release

  The Australian energy crisis highlights the need for new gas supply

  • 29 8月 2022

  With prices soaring 400%, government is challenged to find the delicate balance of energy security and net zero goals

• News Release

  Wood Mackenzie predicts European gas demand will continue to fall, helping gas storage outlook for this winter and the following

  • 01 9月 2022

  High natural gas prices will continue to drive down European demand to seven percent below the five-year average through March, leaving a best-case scenario of storage levels at 31% at winter’s end, in line with the five-year average, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

• News Release

  Few oil and gas companies commit to Scope 3 net zero emissions as significant challenges remain

  • 28 10月 2022

  Scope 3 emissions account for 80-to-95% of total carbon emissions from oil and gas companies. But only a small number of these firms have set Scope 3 net zero ambitions, according to a recent report from Wood Mackenzie.

• News Release

  Offshore CCS projects could breathe new life into Gulf of Mexico

  • 04 11月 2022

  As the US looks for innovative ways to reduce greenhouse gas emissions, offshore carbon capture storage (CCS) projects in the US Gulf of Mexico (GoM) could play an influential role in meeting future goals, according to analysis from Wood Mackenzie.

• News Release

  Russian refinery products will continue to flow in 2023 despite European price cap

  • 31 1月 2023

  The European Commission’s announcement that the EU is proposing a US$100 per barrel price cap on Russian oil products such as diesel, jet fuel and gasoline, and a US$45 per barrel cap on discounted products like fuel oil, would not severely impact Russian refiners according to Wood Mackenzie.