• News Release

  TransCanada receives approval for Keystone XL pipeline

  • 21 11月 2017

  TransCanada receives regulatory approval from the Nebraska Public Service Commission to proceed with building its Keystone XL pipeline after almost a decade of environmental and regulatory hurdles.

• Comment

  Can LNG save China from winter gas shortage?

  • 22 11月 2017

  China's introduction of the '2+26' cities policy earlier this year calls for restricted use of coal for both residential heating and industrial purposes. This has significant ramifications for the Chinese winter season where demand is traditionally high. As an alternative to coal, gas demand could rise by 23 bcm this year compared to previous winters. Facing the most severe shortages is northern China, particularly Beijing, Tianjin and Hebei (abbreviated as BTH), where demand is highly seasonal. This region will make up half or 10 bcm of the incremental winter gas demand in 2017.

• News Release

  Producers double down on hedging in Q3 2017

  • 29 11月 2017

  Hedging activity surged in Q3 2017 as oil producers rushed to lock in rising prices for future production, according to Wood Mackenzie's latest analysis of oil and gas hedging activity.

• Comment

  China's waste plastic ban could pave way for South East Asia's dominance

  • 04 12月 2017

  The sub region of South East Asia could potentially become a world leader in importing plastic waste, according to PCI Wood Mackenzie's 'RPET China Study – China Waste Import Ban 2017'.

• Comment

  Global Polyethylene Markets: 6 Key Things to Look For in 2018

  • 16 1月 2018

  The year 2018 will be recorded as the "transition year" for the polyethylene industry. Widely anticipated North American polyethylene resin will hit the global markets, China's ban on importing scrap plastic will challenge the prevailing trends, and new tax structures in the United States and India will show its full impact on the plastic industry.

• News Release

  Deepwater Gulf of Mexico stages a comeback in 2018

  • 05 1月 2018

  The U.S. deepwater Gulf of Mexico sector has struggled since crude dropped in late 2014. However, as costs finally settle at a bottom and operators set a new standard for operational efficiency, 2018 might just be a turning point for the sector.

• News Release

  Latin America to buck global exploration trend in 2018

  • 22 1月 2018

  Driven by an impressive array of licensing and farm-in opportunities, plus an upsurge in exploration activity, Latin America’s upstream sector is poised for a banner year in 2018, according to a new insight by Wood Mackenzie, Latin America Upstream: What to look for in 2018.

• News Release

  New dual-credit scheme can elevate Chinese electric vehicles industry

  • 19 1月 2018

  Under heavy subsidies from the government, China's electric vehicles (EV) market has grown exponentially to overtake the United States as the world's largest EV market. However with subsidies fading out in two years' time, the Chinese government and EV manufacturers are pressed for time to sustain the growth momentum in EVs. Wood Mackenzie's latest research reveals that China's proposed dual-credit scheme can reshape the EV market for a more sustainable development beyond the abolishment of subsidies in 2020. The EV penetration rate is projected to hit 17% in 2035 as a result.

• News Release

  Offshore decommissioning in Asia Pacific could cost US$100 billion

  • 01 2月 2018

  According to Wood Mackenzie's latest analysis, decommissioning Asia Pacific's offshore assets – nearly 2,600 platforms and 35,000 wells – could cost over US$100 billion.

• Comment

  Highlights and Commentary from Brazil Concession Round 15

  • 30 3月 2018

  Brazil's Round 15 closed today, 29 March 2018, with the award of roughly half of the offshore blocks on offer. The round occurred six months following the closing of rounds 14 and 3 PSC last year, continuing the country's aggressive licensing push.

• News Release

  Will a shifting global market embrace US crude?

  • 05 3月 2018

  A new study by Wood Mackenzie, examines this shift in the oil market, and assesses the challenges and opportunities facing the market and US producers and midstream operators.

• News Release

  Conventional pre-FID breakevens give the Lower 48 a run for its money

  • 14 3月 2018

  Analysis of global oil cost curves indicates that many conventional pre-FID projects – even deepwater developments - are now competitive on a breakeven basis with US Lower 48 tight oil. However, this competitiveness has come at the expense of volumes. The trade-off of cost efficiency versus volumes means that in the medium- to long-term, the cost of supply is set to increase, highlighting the US Lower 48’s role as an important marginal barrel producer.

• Comment

  US Gulf of Mexico Lease Sale 250

  • 22 3月 2018

  On Wednesday, 21 March 2018, the US held its region-wide GoM Lease Sale 250, attracting 159 bids from 33 participating companies, with high bids totalling US$124.8 million. The total of high bids represents a modest increase of about US$3 million over last year's August region wide Lease Sale 249 but is still a lacklustre result.

• News Release

  Upstream FIDs pushes on with lower costs

  • 05 4月 2018

  As previously forecasted by Wood Mackenzie, 2017 saw a significant recovery in upstream FIDs, with the number of project sanctions more than doubled compared to 2016. Wood Mackenzie expects a similar total this year - circa 30 major project FIDs - supported by continued prudence in industry spending.

• News Release

  IMO aims to halve global shipping emissions. But, what will it cost?

  • 12 4月 2018

  The IMO is gearing up to cap sulphur emissions. Wood Mackenzie looks at the potential impact the new regulations could have on the shipping and bunker fuel sectors.

• News Release

  Chinese shale gas production to almost double in two years

  • 17 4月 2018

  Shale gas in China has seen significant progress over the last decade, growing to nearly 600 wells and 9 bcm of production last year. In its latest analysis, Wood Mackenzie projects Chinese shale gas production to almost double to 17 bcm in 2020.

• News Release

  East Coast gas prices could rise 30 percent in five years

  • 25 5月 2018

  In a recent study, Wood Mackenzie forecasts Australia's East Coast gas prices to rise up to 30 percent to between A$10 and A$13 /per gigajoule by the mid 2020s.

• News Release

  A new era for oil and gas in Mexico

  • 16 5月 2018

  Look no further than Mexico for an example of what a successful energy reform looks like. Over the past five years, the country has dramatically overhauled its energy landscape. A new report analyses the impacts of the energy reform on the country's upstream sector.

• News Release

  Permian produced water: slowly extinguishing a roaring basin?

  • 11 6月 2018

  With the recent rise oil prices, operators have been adding rigs and ramping up completions in the Permian Basin – the largest and most important source of oil supply growth in the world. However, persistent operational water challenges present a material risk to companies' future profitability and production.

• News Release

  Exploration industry eyes a brighter future at EAGE

  • 12 6月 2018

  In his keynote address to the EAGE 2018 Conference in Copenhagen, Andrew Latham, vice president, global exploration, at Wood Mackenzie, told delegates that the exploration sector emerged from the downturn in better shape, and the economic outlook is looking bright.

• Comment

  China retaliates with tariffs on $34 billion worth of US goods

  • 18 6月 2018

  Following China's imposition of retaliatory tariffs on US goods over the weekend, our experts weigh in on the potential impact the move will have on different commodities.

• News Release

  North America to lead next wave of global LNG projects

  • 18 12月 2018

  North America will lead the next wave of global LNG project sanctions in 2019, with three US Gulf Coast developments expected to reach final investment decision (FID) in the first half of 2019, according to Wood Mackenzie's latest quarterly North America LNG projects update.

• News Release

  Upstream companies positioned to thrive in 2019

  • 17 12月 2018

  Price volatility. Market turbulence. Geopolitical tensions. As 2018 draws to a close the stage is already set for a fascinating 2019 in the upstream industry. In the recently published 2019 upstream and corporate outlook reports, Wood Mackenzie highlights how well prepared the industry is to adapt and thrive in tumultuous times.

• News Release

  Major LNG buyers' uncontracted demand to quadruple by 2030

  • 13 12月 2018

  Wood Mackenzie's latest research reveals that uncontracted demand by the world's seven largest LNG buyers could quadruple to 80 million tonnes per annum (mmtpa) by 2030.

• News Release

  Solar tariffs hold back Q3 installations, scramble project timelines as procurement pipeline booms

  • 13 12月 2018

  The Section 201 solar tariffs took a toll on U.S. utility-scale solar installations in the third quarter according to the U.S. Solar Market Insight Report for Q3 from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). The residential market, meanwhile, continued...

• Comment

  OPEC and Russia agree output deal

  • 07 12月 2018

  OPEC and its allies agreed a 1.2 million barrel per day cut after two days of tense meetings in Vienna.

• News Release

  US Gulf of Mexico poised for historic year in 2019

  • 19 12月 2018

  Next year is shaping up to be a good one in the US Gulf of Mexico, with the first increase in drilling in four years, first-ever production from a Jurassic play, key new project sanctions and an uptick in M&A all in the cards, according to Wood Mackenzie's annual US Gulf of Mexico outlook.

• Comment

  Medco Energi's potential takeover of UK-listed Ophir Energy

  • 02 1月 2019

  On the first day of 2019, Ophir announced it was in talks with Indonesia's Medco Energi regarding a cash takeover. No amount or other details have yet been released, other than Medco has to make a clear binding offer by the 28th of January if a deal is to proceed. Ophir's upstream portfolio includes assets in Thailand, Vietnam, Indonesia, Malaysia, Equatorial Guinea and Tanzania. It also has exploration acreage in Mexico and Bangladesh.

• News Release

  Looming supply chain crunch threatens US wind energy boom

  • 09 1月 2019

  Read about the potential supply chain issues facing the US wind energy industry & how they may impact its growth.

• Editorial

  Will Asia-Pacific's O&G sector join the global recovery in 2019?

  • 14 1月 2019

  Will rising demand, new exploration activity and a refresh of government policy bring renewed confidence in Asia-Pacific's upstream industry in 2019? Wood Mackenzie's research director Andrew Harwood shares his thoughts.