Hitting the brakes: how the energy transition could decelerate in the US

• 16 5月 2024

The US is facing a pivotal moment for its energy future. Depending on the results of the election, investment in the energy and natural resources sectors could play out in very different ways.

Creating a pathway for future growth in the CCUS sector

• 03 10月 2024

CRC-IB, Wood Mackenzie and other industry leaders dive into the emerging opportunities and challenges in the CCUS sector. This webinar replay provides key insights into business models, financing structures and market trends shaping the future of CCUS projects.

RE+ 2024: Our 7 biggest takeaways

• 04 10月 2024

Insights on domestic manufacturing, distributed solar and large loads from one of North America’s largest clean energy events

Five consequences of a Biden administration for US energy

• 07 11月 2020

Joe Biden offered American voters a radically different vision of energy policy from President Donald Trump, focused on addressing the threat of climate change. He will enter the White House with a goal of setting the US on course for net zero greenhouse gas emissions by 2050 and will take the US back into the Paris climate agreement.

Gulf of Mexico lease sale 256 – business as usual despite upcoming change in administration

• 19 11月 2020

On Wednesday, 18 November, the United States held its region-wide Gulf of Mexico (GoM) Lease Sale 256 and received 105 bids from 23 participating companies, with high bids totalling US$121 million.

Chicago Ethanol Inventory Report

Get actual ethanol inventory data for the industry's most traded hub, with granular data on over 1.2 million barrels of ethanol storage capacity.

New York Harbor Ethanol Inventory Report

Access exclusive insights into ethanol inventory at New York Harbor, one of the most important ethanol trading points.

Devon seals WPX merger

• 28 9月 2020

Speaking after the merger of Devon Energy and WPX Energy was announced this morning, Alex Beeker, principal analyst, corporate upstream, at Wood Mackenzie, said: “Tight oil consolidation has been underway for years, but extreme market volatility has slowed the process considerably. WTI has essentially hovered around US$40/bbl since June, with the stability likely closing the bid-ask spread. “We’ve expected Devon to make a move for some time. With US$1.5 billion in cash on its balance sheet (albeit earmarked for debt reduction), Devon is on a relatively strong financial footing. But Devon has been shrinking fast since its disposal program started in earnest about two years ago. The company’s net production is down 40% since 2018.”

Hess sells Shenzi stake to BHP in US$505m deal

• 05 10月 2020

Hess is selling its 28% working interest in the Shenzi field in US Gulf of Mexico to operator BHP.

Utilities drive Q2 growth in US as pandemic causes drop in rooftop solar installations

• 10 9月 2020

The US solar market installed 3.5 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q2 2020, a drop of 6% from Q1 installations. At the same time, utility-scale solar remained resilient despite the Covid-19 pandemic, representing 71% of all new solar capacity brought online in Q2.

What could a Biden win mean for electric vehicle adoption in the US?

• 08 9月 2020

The Biden campaign has previously underlined the important role electric vehicles (EV) will play in reducing greenhouse gas emissions in the US. To encourage EV adoption, the campaign has three key targets: deploying 500,000 new public EV charging outlets, restoring the full EV tax credit, and developing a new fuel economy target.

Webinar | Unpacking PJM’s extended Minimum Offer Price Rule

• 24 9月 2020

In this webinar, Wood Mackenzie research analysts will present key findings from their analysis of PJM’s extended Minimum Offer Price Rule (MOPR), with a focus on its impact on capacity price forecasting and clearing technologies.

US electric truck sales set to increase exponentially by 2025

• 10 8月 2020

There were just over 2,000 electric trucks on US roads at the end of 2019. This stock is expected to grow to over 54,000 by 2025, according to new analysis from Wood Mackenzie.

Chevron swoops on Noble in US$13bn deal

• 20 7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.

US offshore wind powers up

• 23 6月 2020

The US offshore wind industry is set to power up over the coming decade. New research from Wood Mackenzie shows that as the sector ramps up from near-zero today, it could deliver as much as 25 gigawatts (GW) in 2029, capturing almost half of the US market for new wind power installations.

Geology vs. technology: How sustainable is Permian tight oil growth?

• 20 9月 2017

Technology has played a huge role in the rapid rise of production in the Permian. Operators are bullish on the region's long-term potential and poised to exploit the Permian at an unparalleled pace over the next few years. However, according to a report by Wood Mackenzie, Geology vs. technology: how sustainable is Permian tight oil growth?, geological constraints that may arise as the play is aggressively developed could lead to production shortfalls, and in turn, higher prices early next decade.

BHP Shale Asset Divesture

• 20 9月 2017

Commenting on BHP Billiton's plans to divest its U.S shale unit, Jon Weintraub, research analyst at Wood Mackenzie, said: "BHP's announced divesture of its onshore U.S. business is a pretty momentous step-change in its corporate strategy and marks the culmination of its push to be a major shale player. We expect to see all options being considered with a substantial amount of interest from multiple pools of buyers."

Mexico's Energy Reform pays off with Zama

• 26 9月 2017

Following the announcement this morning that Talos energy and its partners Premier Oil and Sierra Oil & Gas have made a discovery at Zama-1, drilled in Block 7 offshore Mexico, please find below initial comment from Pablo Medina, Wood Mackenzie's senior analyst, Latin America Upstream.

Return of Asian investment in US tight oil

• 08 5月 2017

If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.

Mexico's new president: Energy future at a crossroads

• 02 7月 2018

After a contentious campaign, Andrés Manuel López Obrador has won the presidency. Now, the energy industry is trying to determine the incoming administration’s strategic priorities and the implications for Mexico’s energy reforms and its upstream, downstream, gas and power markets.

BP seals asset swap with ConocoPhillips

• 04 7月 2018

BP agrees to increase its stake in the Clair field, offshore West of Shetland, and divest its interest in Greater Kuparuk, in Alaska, via an asset swap with ConocoPhillips

US and Canada continue to see positive growth in flexible packaging but uncertainty slows Mexican market

• 12 7月 2018

PCI Wood Mackenzie's latest review of the North American marketplace, 'Flexible Packaging North America Supply Demand Report', reveals North America’s $24 billion flexible packaging industry remains the largest regional market in the world, accounting for around 28% of global flexible packaging demand in 2017.

Bidding down but sums higher in US Gulf of Mexico Lease Sale 251

• 15 8月 2018

On Wednesday, 15 August 2018, the US held its region-wide Lease Sale 251, attracting 171 bids from 29 participating companies, with high bids totalling US$178.1 million. An increase of about $53 million from the last region wide lease sale in March.

Ensco beefs up fleet with Rowan deal

• 08 10月 2018

Offshore driller Ensco is poised to buy smaller rival Rowan in an all-stock deal valued at $2.38 billion.

How do the Majors stack up in the Lower 48?

• 16 10月 2018

The Major oil and gas companies have made big strategic bets on the US Lower 48's unconventional plays. The scale, returns and investment flexibility offered by tight oil and gas has made it an essential part of most major players’ portfolios. But how do the players compare to each other?

How banks and government are working together to achieve net zero in the UK

• 07 5月 2024

Heather Buchanan joins us to discuss the collaboration needed between banks and policymakers to drive forward the energy transition. Listen now for insights into the Bankers For Net Zero initiatives and milestones, exploring the financial implications of decarbonising banking products by 2050.

World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

• 02 5月 2024

A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.

Texas freeze: the real-time impact on gas storage

• 04 3月 2021

The recent winter storms left millions without power and heat in the US. Behind the headlines, more complex factors were at play. Our unique access to both gas and power monitoring and data gave us an integrated, real-time view of an unprecedented event and the issues it created.

US tight oil – the investment dilemma

• 05 3月 2021

US Lower 48 Independents’ finances are looking rosier as capital discipline and higher oil prices work their magic. Will a cash flow bonanza lead to more drilling?

Breaking down the Texas winter blackouts: what went wrong?

• 19 2月 2021

Our power analysts examine the events of the Texas energy crisis that resulted in extended blackouts across the state, leaving millions of people without power and raising questions around the future of emergency preparedness, market structure, and regulation within the energy sector.