• Editorial

  Asia-Pacific M&A markets: Passing the refinery bucks

  • 15 2月 2017

  Konrad Jar discusses the developments he's seen in Asia-Pacific M&A markets.

• Opinion

  China's thermal coal import restriction could mean a game of musical chairs for producers

  • 26 3月 2019

  Rumours of a ban on Australian thermal coal to China swept through the thermal coal market early March while in late February five north-eastern ports in China implemented changes to clearance procedures for Australian thermal coal. One thing appears certain - Chinese demand for Australian thermal coal has been significantly impacted, at least in the short-term. Even if an outright ban is not implemented, a three-month customs clearance time will significantly increase the cost and increase the risk associated with Australian thermal cargoes.

• News Release

  Asia Pacific's solar-plus-storage could see key developments in next five years

  • 14 5月 2019

  In a recently published report, Wood Mackenzie projects solar-plus-storage prices or levelised cost of electricity (LCOE) for both utility-scale and distributed commercial & industrial (C&I) segments to decline considerably over the next five years.

• News Release

  Australia's next wave of LNG projects needs to compete to progress

  • 28 5月 2019

  According to research by Wood Mackenzie, a second wave of LNG investments is building, both in Australia and globally, and these projects need to compete to progress

• Opinion

  Renewables, market intervention and exploration – three themes weighing on Australia upstream players' minds

  • 13 6月 2019

  Having attended many APPEA events in the past, this was the first time renewable energy sources - hydrogen in particular - were put under the spotlight.

• Comment

  Adani gets environmental approval for Carmichael project

  • 13 6月 2019

  Adani gets environmental approval for Carmichael project

• Comment

  BHP unveils five-year US$400m climate investment plan

  • 24 7月 2019

  BHP’s chief executive Andrew Mackenzie unveiled a five-year, US$400 million climate investment program om 23 July, with a commitment to reduce Scope 1, 2 and 3 emissions. The Australian miner will seek to scale up low-emissions technologies to decarbonise its operations, including investment in nature-based solutions and collective action to reduce Scope 3 (end-use) emissions.

• Opinion

  M&A shake-up on the horizon for the Australian upstream sector

  • 29 8月 2019

  We’ve identified a potential US$32 billion worth of assets that could change hands in the next few years. Many of these deals are long in the planning and reflect wider trends in the Australian and global upstream sectors. We’ve bucketed our pick of the deals into three key themes.

• Opinion

  Southeast Asian NOCs show growing appetite in global M&A market

  • 02 9月 2019

  I’ll bet that if you ask anyone with an interest in the global upstream M&A if they could name the top three spenders through the first half of 2019, they would struggle to name the third. The easy one is Occidental (Anadarko), second place is Total through its acquisition of Anadarko’s African assets. But who was the third largest acquirer by spend in H1 2019?

• Comment

  ExxonMobil to sell upstream assets in Gippsland Basin

  • 18 9月 2019

  ExxonMobil putting its entire Gippsland Basin upstream portfolio up for sale represents big news for the Australian upstream and gas market.

• News Release

  Australia’s east coast gas prices to bottom out over next two years

  • 20 11月 2019

  In the latest Australia east coast gas market research, Wood Mackenzie projects that the LNG netback price for Australia’s east coast could bottom out to A$6.50 – A$9 per gigajoule (GJ) over the next two years.

• News Release

  Asia Pacific upstream - 5 themes to watch in 2020

  • 19 12月 2019

  Wood Mackenzie has identified five themes related to project sanctions, exploration, M&A, energy transition and IMO 2020 that will impact Asia Pacific’s upstream industry in 2020.

• Comment

  PNG government calls off P'nyang Gas Agreement negotiations

  • 03 2月 2020

  The government of PNG has called-off negotiations on the development of the ExxonMobil-operated P’nyang gas field.

• Webinar

  Navigating the Oil Price Crash in Asia Pacific

  • 18 3月 2020

  On 9th March, Brent fell 30% and has seen continued volatility in the following 24 hours, sending a shockwave through global energy markets. What does this mean for Asia Pacific?

• Comment

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

  • 02 4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.

• Comment

  Arrow Energy sanctions Surat Gas Project

  • 17 4月 2020

  Arrow Energy sanctions Surat Gas Project

• Webinar

  Webinar | Sub-Saharan Africa's response to low prices and coronavirus

  • 13 5月 2020

  Join Wood Mackenzie's Sub-Saharan African upstream team for its analysis on the fall-out from the oil price crash and the coronavirus pandemic. We will cover: • Not out of the woods yet: the impact of coronavirus in Sub-Saharan Africa • Before and after 9 March: Sub-Saharan Africa investment and production outlook • Cut, cut, cut: which projects are delayed in 2020/21? • What does it mean for the majors in Sub-Saharan Africa? • What can governments do to fight capital flight? A 20-minute presentation will be followed by a Q&A session with our expert panelists.

• News Release

  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.

• News Release

  Decarbonisation key to future of Asia Pacific’s upstream industry

  • 15 12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

  Renewable energy could reduce Asia Pacific LNG plant emissions by 8%

  • 17 8月 2020

  Using renewable energy to power liquefied natural gas (LNG) plants in Asia Pacific could reduce emissions by about 8%, says Wood Mackenzie.

• News Release

  Up to 7 mmtpa of spare capacity available at North West Shelf by 2027

  • 07 9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

  Asia Pacific power generation could attract US$1.5 trillion investments this decade

  • 08 9月 2020

  Wood Mackenzie’s latest report shows that the power generation sector in Asia Pacific could attract US$1.5 trillion worth of investments over the decade ending 2030.

• Comment

  Beach's production to increase 160% post Origin gas assets acquisition

  • 26 9月 2017

  Following the announcement of Beach Energy's US$1.25 million acquisition of Origin Energy’s subsidiary, Lattice Energy, our Australasia senior analyst Chris Meredith, weighs in on the deal.

• Comment

  Australian LNG Imports could make economic sense

  • 10 10月 2017

  Major eastern Australian gas buyer AGL has proposed to use a leased Floating Storage and Regasification Unit (FSRU), approximately 65km south of Melbourne, to import LNG and ease domestic gas shortage issues. This solution has faced mixed reviews given the already available domestic options, mainly the CSG-LNG projects in Queensland.

• Comment

  More oil discovered in Carnavon Petroleum's Dorado-1 well

  • 08 8月 2018

  A sizeable discovery is significant for Quadrant, whose private equity backers are looking to exit, and Carnarvon, which is a pure-play explorer. A standalone oil discovery is easier to monetise than gas, as it does not require LNG contracts or gas infrastructure.

• Comment

  Energy storage market poised for a boom Down Under

  • 06 7月 2018

  Looking at behind-the-meter, Australia was the biggest residential storage market in the world in 2017, with a tripling of residential storage deployments over the previous year. High retail electricity rates and diminishing or expiring feed-in tariffs have encouraged residential solar customers to choose storage for self-consumption benefits. As a result, over the past few years, Australia has been the preferred testbed for new residential energy storage products, as several technology vendors have first introduced their residential product portfolios in the country.

• Comment

  BP buys BHP's L48 assets in 'transformative' $10.5bn deal

  • 27 7月 2018

  BP has bought BHP Billiton's US Lower 48 assets in a $10.5 billion deal. Wood Mackenzie believes the deal will be transformative for BP.

• News Release

  OPEC producers key to world supply through to 2040

  • 16 7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.

• Comment

  New wave of growth on the horizon for Asia-Pacific's oil and gas sector

  • 15 10月 2018

  Asia-Pacific's oil and gas sector looks set to rebound over the next 12 months as rising demand, stronger commodity prices and an uptick in M&A activity bring greater confidence to the region. Wood Mackenzie predicts rising Asian LNG demand, the return of China's NOCs to growth mode and new appetite for upstream investment to be key factors influencing the sector, not only Asia-Pacific, but also globally into 2019.

• News Release

  Asia-Pacific solar demand to decline first time this year

  • 24 10月 2018

  After a decade of stellar growth, Wood Mackenzie forecasts that solar demand in the Asia-Pacific will decline for the first time this year. Compared to 2017, the region's solar demand will dip 18% to 59 GW in 2018 due to declining installations in China, India and Japan.