OPEC+ shrugs off US pressure to announce 400,000 b/d output boost

• 04 11月 2021

Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “After unusual pressure from the US administration to lift its production, OPEC+ announced it is boosting output by 400,000 barrels per day (b/d) for December, in line with its 18 July 2021 agreement. This will be seen as disappointing by the US, which is asking for an extra increase closer to 600,000 b/d. But as long as OPEC+ actually boosts its output by 400,000 b/d, the US has indicated it will accept the outcome."

Tapping working gas volume could cushion blow of Europe’s energy crunch

• 04 11月 2021

European gas storage has been struggling to fill this summer. Storage at the beginning of November will be about 75% full, at 83 billion cubic metres (bcm), 14 bcm below the five-year average, rattling the market. A cold European winter could result in storage levels falling to zero by the end of March 2022, unless more Russian gas supply is available versus current export levels. But there could be an alternative available to the market should this come to pass – tapping the substantial amount of cushion gas available in Europe’s storage facilities. Global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), said using cushion gas could allow an extra 15 bcm enter the market, easing the supply crunch.

Wood Mackenzie weighs in on COP26 key takeaways

• 15 11月 2021

Following the conclusion of the COP26 on November 13, Wood Mackenzie experts weigh in on the key developments of the conference.

UK charts course for net zero North Sea

• 06 5月 2021

The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry's capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050.

Energy transition represents a US$14 trillion uncertainty for upstream oil and gas

• 20 5月 2021

The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie.

Action to achieve Paris climate goals will upend oil and gas prices

• 15 4月 2021

If the world acts decisively to limit global warming to 2°C by 2050, the scale of change will revolutionise the energy industry. Progressive electrification will squeeze the most polluting hydrocarbons out of the energy mix, nearly eliminating their markets. Oil demand will shrink, and with it, so will the power of major oil producers. Gas demand will remain resilient, but business models will need to evolve.

Webinar | The 2021 Future of Exploration survey

• 27 4月 2021

This year sees the exploration sector in recovery mode as it begins to reposition for an energy transition world. We put our questions on the future of exploration to exploration leaders and professionals around the world. The sector had fought hard to win its way back to profitability before the crisis struck. Its disciplined approach of recent years looks set to remain even as prices recover. Exploration is increasingly playing a role in moves to a lower carbon future and geoscientists are at the forefront of some new energy businesses. We've analysed the data to discover the key challenges the industry is facing, which explorers stand out from the pack and the role of exploration in today’s energy company

Royalties reform could dampen investors’ appetite for Chile’s copper sector

• 29 6月 2021

Proposed changes to Chile’s mining royalty regime will not have a drastic impact on the country’s production landscape in the near-term. However, analysis from global natural resources consultancy Wood Mackenzie, a Verisk company (Nasdaq:VRSK), indicates there is clear risk the amendments could compromise continued appetite to make large-scale, long-term investments in Chile’s copper sector.

Carbon removal key to meeting Paris Agreement target

• 24 6月 2021

Achieving the 2°C goal of the Paris Agreement will require more than simply avoiding carbon. To cap global warming at 1.5°C or even 2°C, carbon removal will be essential. Research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq:VRSK), shows the key to effective large-scale carbon removal is unlocking potential economies of scale through basin-wide carbon capture and storage (CCS), effectively providing a community answer to a global problem.

Asia Pacific solar PV capacity to triple to 1,500 GW by 2030

• 13 7月 2021

Asia Pacific solar photovoltaic (PV) capacity could triple to 1,500 gigawatts (GW) by 2030, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

Latest IPCC climate report calls for reaching net zero emissions earlier than 2050

• 10 8月 2021

Wood Mackenzie Asia Pacific Head of Markets and Transitions Prakash Sharma responds to the recently released IPCC report.

Future of gas in energy transition to be defined in 2021

• 14 1月 2021

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

Biden administration and what it means for China and rest of Asia Pacific

• 20 1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.

Climate commitments to top energy and mining agendas in 2021

• 27 1月 2021

What are the biggest emissions trends to watch this year? James Whiteside, Wood Mackenzie Global Head of Multi-Commodity Research, and Amy Bowe, Wood Mackenzie Head of Carbon Research, see five key themes

Myanmar coup and impact on oil and gas industry

• 04 2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.

Carbon pricing plans ‘could transform upstream oil and gas economics’

• 31 3月 2021

At present, few countries require producers to either pay a carbon tax or participate in an emissions trading scheme (ETS). But as governments seek to meet decarbonisation targets, that could soon change. Carbon charges are likely to come, and they will transform the upstream sector, affecting both asset values and the industry’s economics.

Carbon taxes and the upstream subsidy debate

• 27 4月 2021

Carbon taxes and the upstream subsidy debate

Webinar | Copper Rush: Diversify or go pure play?

• 17 9月 2024

Join our experts on 17th September 2024. for a webinar exploring how valuations, carbon footprints, and balance sheet health will shape the M&A strategies and overall corporate plans of both diversified miners and pure-play copper companies.

Webinar | Growing pains – how corporate renewables strategies are adapting to energy transition challenges

• 01 10月 2024

Join us on Tuesday 1 October 2024, as our senior experts discuss how Europe’s leading renewable power developers are adapting their global investment strategies to energy transition challenges.

Energy transition glossary

• 21 8月 2024

Our energy transition glossary helps you understand key terms and definitions.

Webinar | Scope for improvement: Why oil & gas needs to address scope 3 emissions

• 14 11月 2024

Webinar | Will the UK North Sea survive the government budget on 30th October?

• 31 10月 2024

Join our SVP for fiscal research Graham Kellas and Research Director Gail Anderson for a discussion on the fiscal changes, impact on UK investment, production and competitiveness, and which companies will be most affected by the UK's upcoming budget announcement.

Horizons Live: Carbon removals

• 01 10月 2024

In the recent Horizons Live session, our panel discussed carbon removals and how they will play a crucial role in achieving net zero.

Webinar | Europe Upstream Outlook 2025

• 27 2月 2025

Join us on the 27th February as we discuss the outlook for Europe Upstream oil and gas

OPEC+ agrees to increase output after tense negotiations

• 07 12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.

Over US$11 billion of Australian gas projects to be sanctioned in 2021

• 10 12月 2020

Wood Mackenzie’s Australasian upstream 2021 outlook report shows at least US$11 billion of gas projects poised for FID in 2021.

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

• 08 10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.

ESG For Energy & Natural Resources

• 02 11月 2020

Defining and demonstrating ESG best practice has become a strategic imperative for the energy and mining sectors – and one of the most complex challenges.

What investors want to know about energy and natural resources

• 17 6月 2020

The impact of Covid-19 on energy demand remains top of mind, but investors’ questions reveal a return to calm if not a return to “normal”

How green is the EU pandemic recovery package?

• 30 7月 2020

Despite EU leaders reaching agreement on the €750 bn pandemic recovery package, a substantial hurdle remains; ratifying the deal in the European Parliament, where its green credentials will be scrutinised