• 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.

• Comment

  Fibrant Nanjing declares force majeure on Caprolactam

  • 18 1月 2019

  Commenting on Fibrant Nanjing's announced force majeure on Caprolactam, Dr. Crystal Chiang, Wood Mackenzie Chemicals Asia Polyamide Director, said:

• News Release

  Outlook sluggish for upstream M&A

  • 21 1月 2019

  Upstream dealmakers start 2019 facing an uphill battle. Volatile oil prices and bearish equity markets impede deal flow by creating uncertainty, widening the bid-ask spread, altering financial conditions and making companies re-think near-term strategies. In Q4 2018, as these factors emerged, deal count dropped to its lowest level since Q1 2015, with December the slowest month since January 2015.

• Comment

  Brent set to average $65/b in 2019

  • 21 1月 2019

  Global markets were volatile heading into the new year. Oil has been no exception, with Brent trading between $62 per barrel on 7 December 2018 before falling to $51/b on 21 December. Mixed macroeconomic data have driven much of the volatility, with political uncertainty compounding concerns of a sharper than expected economic slowdown. What's the outlook for 2019?

• News Release

  Has FLNG crested the wave?

  • 30 1月 2019

  Despite its small share of the total liquefied natural gas market, floating LNG (FLNG) has generated outsized interest in recent years. In a world requiring tight capital discipline, FLNG offers lower capital investment and manageable costs, particularly in frontier regions.

• Comment

  Glengorm ‘largest UK gas find since 2008’

  • 29 1月 2019

  CNOOC Ltd and Total's Glengorm gas discovery, in teh Central North Sea, is the largest gas find in UK waters since Culzean in 2008

• Comment

  Sanctions to squeeze Venezuela’s output

  • 01 2月 2019

  The sanctions the US government has imposed against Venezuela aim to curb the Maduro government’s access to revenue from crude export. But impact could they have on state-run oil producer PDVSA and the country’s energy sector?

• News Release

  Smoother sailing ahead for upstream supply chain players

  • 06 2月 2019

  The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to global natural resources consultancy Wood Mackenzie. As project FIDs increase, demand for equipment and services are buoying the prospects for the upstream supply chain.

• News Release

  Brulpadda delivers the goods for Total

  • 07 2月 2019

  French major Total and its partners, Qatar Petroleum, Canadian Natural Resources, and Main Street, have made a potentially play-opening discovery with the Brulpadda-1 well, in South Africa’s deepwater Outeniqua basin, about 180 kilometres south-east of PetroSA's Mossel Bay gas-to-liquids plant.

• Content

  IMO 2020 Guide

  • 08 2月 2019

  How will IMO 2020 affect the crude market and fuel prices? And what does this mean for refiners, the aviation industry and ship owners? Get the latest news and analysis here.

• News Release

  Golden Pass crests second wave of US LNG

  • 05 2月 2019

  ExxonMobil and Qatar Petroleum’s announcement that they will proceed with development of the Golden Pass liquefied natural gas (LNG) export project at Sabine Pass, Texas, kicks off what could be a record year for LNG final investment decisions (FIDs). The go-ahead for Golden Pass LNG comes as Anadarko and its partners in Mozambique LNG (Area 1) took a major step towards FID after signing sales and purchase agreements (SPAs) with CNOOC, Tokyo Gas-Centrica and Shell. ExxonMobil (30%) and Qatar Petroleum (70%) said construction at Golden Pass will begin in the first quarter of this year, with start-up scheduled for 2024.

• Editorial

  Is offshore wind the answer to Japan's declining nuclear power?

  • 14 2月 2019

  The outlook for Japan's offshore wind sector is looking positive as the country’s capacity is projected to reach upwards of 4 gigawatts (GW) in 2028, a 62-fold increase from last year, new research from Wood Mackenzie indicates.

• Comment

  Spanish renewables targets undermined by political uncertainty

  • 20 2月 2019

  Today, Wednesday 20th February 2019, Spanish Prime Minister Pedro Sanchez presented the country’s climate action plan for 2030 to 2050. Commenting on the announcement, Wood Mackenzie Power & Renewables Senior Research Analyst, Brian Gaylord, said:

• Opinion

  Australian high CV thermal coal prices at 19-month low, but not for long

  • 19 2月 2019

  The benchmark Newcastle high energy thermal coal price has fallen from US$100/tonne at the turn of the new year to US$88/tonne. Thermal coal has been hit in early February due to seasonality of purchasing in the lead up to Chinese New Year and customs delays impacting Australian vessels into China. Will this move be another short-term blip and mirror the volatility seen last year, or is a broader correction at play?

• Comment

  China restricts seaborne coal imports

  • 25 2月 2019

  Wood Mackenzie analysts Yu Zhai and Robbin Griffin comment on the recent restriction of seaborne coal imports by China.