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Global upstream project delivery is finally hitting the mark

14 八月 2018

Has the oil and gas industry finally turned around its reputation for always delivering upstream projects behind schedule and overbudget? Emerging signs of improved execution suggest companies are getting it right after a period of dismal performance on project returns, according to a new Wood Mackenzie report.

Comment

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

18 六月 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

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

14 三月 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.

News Release

New projects in the upstream oil and gas industry to double in 2017 predicts Wood Mackenzie

11 一月 2017

Confidence will return to the sector in 2017, with exploration and production spend to rise by 3% to US$450 billion.

News Release

Few oil and gas companies commit to Scope 3 net zero emissions as significant challenges remain

28 十月 2022

Scope 3 emissions account for 80-to-95% of total carbon emissions from oil and gas companies. But only a small number of these firms have set Scope 3 net zero ambitions, according to a recent report from Wood Mackenzie.

News Release

Verisk Announces the Sale of Wood Mackenzie to Veritas Capital

31 十月 2022

Verisk (Nasdaq: VRSK), a leading global data analytics provider, and Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced the signing of a definitive agreement under which an affiliate of Veritas has agreed to acquire Verisk’s Energy business, Wood Mackenzie, for $3.1 billion in cash consideration payable at closing plus future additional contingent consideration of up to $200 million.

News Release

Power facilities to potentially use 100 Mt of low-carbon ammonia as feedstock by 2050

17 十一月 2022

As one of the most-used petrochemicals in the world, ammonia offers a bevy of decarbonization and energy market opportunities, including the potential to provide 100 million tonnes (Mt) into the power sector by 2050 in a high-case scenario. However, without strong policy support, low-carbon ammonia may remain an untapped market, according to “Avoiding Pand-Ammonia” a new report from Wood Mackenzie.

News Release

High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition

16 二月 2023

The energy transition will require oil and gas for decades to come, but the supply of lower-cost, lower-carbon “advantaged” barrels remain scarce, threatening emissions targets and causing upstream providers to pivot to new strategies, according to “Scraping the Barrel” a new Horizons analysis from Wood Mackenzie.

News Release

Global floating solar to top 6GW threshold by 2031

24 五月 2023

The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies.

News Release

Oil and gas exploration spending to recover from historic lows, average $22B per annum through 2027

16 八月 2023

Exploration spend (excluding appraisal) will recover from historic lows to average US$22 billion per annum in real terms over the next five years, according to a new report from Wood Mackenzie.

News Release

China leads global renewables race with record-breaking 230 GW installations in 2023

28 十一月 2023

Currently on target to reach a record-breaking 230 gigawatts (GW) of wind and solar installations this year, China leads the global renewables market. This is more than double the number of US and Europe installations combined.

Opinion

Will carbon policy push refiners to the brink?

26 三月 2020

Refining faces a significant threat from costly carbon exposure. Preparing for change is crucial.

Editorial

10 factors that influence upstream production shut-in decisions

23 四月 2020

How do oil and gas producers decide when to shut in production? Asset economics are critical, but are not the only factor leading to production being shut-in. Here we look at 10 factors that influence upstream shut-in decisions.

Editorial

Natural resource M&As: how enhanced ESG due diligence optimises value

14 十月 2020

A new Verisk Maplecroft/Wood Mackenzie white paper examines asset due diligence in the M&A context, and the value of better, deeper and richer ESG insight to mining and energy operators.

Editorial

Wood Mackenzie's accelerated energy transition 2-degree scenario: what it means for gas and LNG

09 四月 2021

How could a 2-degree world play out in the future for the global gas and LNG markets?

Featured

Why tight oil and deepwater are more similar than you think

24 六月 2019

Angus Rodger, research director for Asia Pacific, lays out the differences and similarities between tight oil and deepwater in this new report. Read the key points and then get access to your full and complimentary copy of the report.

Featured

Global upstream: 5 things to look out for in 2019

11 一月 2019

The global upstream fundamentals for 2019 are encouraging, despite recent price volatility. Angus Rodgers explains why in this look ahead at five big themes in upstream oil and gas in 2019.

Featured

5 energy-transition survival strategies for refiners

14 十二月 2018

The global refining industry faces one of its biggest challenges yet: decarbonisation. Alan Gelder looks at five survival strategies and asks, can we pick a winner?

Opinion

Trump's art of the OPEC deal

13 四月 2020

In this episode of our Asia-Pacific energy podcast, we discuss this weekend's OPEC agreement.

Featured

New year, new offshore supply chain?

23 一月 2020

Could 2020 be the year the offshore supply chain overcomes oversupply AND slashes carbon emissions? Fill in the form on this page to get our full analysis and predictions for the year ahead.

Opinion

Power of Siberia begins gas supply to China (and why it’s ok for LNG)

16 十二月 2019

On December 2 Russian gas officially flowed into China with the start-up of the Power of Siberia (PoS) pipeline. The project, which will ultimately see 38 bcm a year delivered under a US$400 billion, 30-year contract, will elevate China to become Gazprom’s second largest export market and support Beijing’s goals of energy import diversification and security.

Opinion

Could the Majors take a fast-track route to lower emissions intensity?

05 十二月 2019

A handful of assets account for almost a third of the Majors’ upstream carbon emissions – and that presents an opportunity for rapid progress against emissions targets.

Opinion

What technology is winning the global energy storage race?

26 十一月 2019

What is winning the global energy storage race? Lithium-ion is the clear winner, but it has one major drawback. Rory McCarthy, senior analyst, energy storage, looks at lithium-ion's role in the energy transition.

Featured

Proceed with caution: exploration’s watchword for 2021

12 一月 2021

The twin crises of coronavirus and the oil price crash made 2020 a tumultuous year, but what lies ahead in 2021? Our global exploration analysts highlight their top 5 predictions.

Opinion

Simple complexity – the future of the upstream supply chain?

16 四月 2019

After an extremely challenging few years, could there be light at the end of the tunnel for the upstream supply chain? Read on to find out more about an industry desperately playing catch up.

Opinion

Will drivers see a repeat of 2014's gasoline price reprieve?

02 十一月 2018

The average retail gasoline price in the United States is now close to U.S.$3 a gallon, while in Germany, gasoline is retailing at an average of €1.40 per litre. We last saw prices like these in November 2014. Could we see a repeat of the 2014 reprieve?

Opinion

IMO 2020: mayhem or opportunity for the refining and marine sectors?

04 九月 2018

Alan Gelder investigates the impact of the IMO's planned changes to marine fuel standards on the shipping and refining sectors This article first appeared on Forbes.com on September 3, 2018.

Opinion

What does the OPEC+ supply surge mean for refiners?

23 三月 2020

The oil market is in a state of flux. Prices have fallen dramatically, and demand has taken a hit as measures are introduced across the globe to combat the spread of coronavirus. Saudi Arabia and Russia’s competition for market share has only exacerbated weak demand.

Opinion

Three signs that a global recession is imminent

02 四月 2020

From the coronavirus lockdown to economic meltdown, Peter Martin explains why we’re downgrading our economic outlook for 2020 as a result of Covid-19.

Opinion

2020: the new oil sector supplier crunch bites

14 四月 2020

The 2020 oil price crash is very different from the 2015 crash. Supply chain leaders will need to consider their contingency plans.

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Search results: 1987

Global upstream project delivery is finally hitting the mark

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

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

New projects in the upstream oil and gas industry to double in 2017 predicts Wood Mackenzie

Few oil and gas companies commit to Scope 3 net zero emissions as significant challenges remain

Verisk Announces the Sale of Wood Mackenzie to Veritas Capital

Power facilities to potentially use 100 Mt of low-carbon ammonia as feedstock by 2050

High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition

Global floating solar to top 6GW threshold by 2031

Oil and gas exploration spending to recover from historic lows, average $22B per annum through 2027

China leads global renewables race with record-breaking 230 GW installations in 2023

Will carbon policy push refiners to the brink?

10 factors that influence upstream production shut-in decisions

Natural resource M&As: how enhanced ESG due diligence optimises value

Wood Mackenzie's accelerated energy transition 2-degree scenario: what it means for gas and LNG

Why tight oil and deepwater are more similar than you think

Global upstream: 5 things to look out for in 2019

5 energy-transition survival strategies for refiners

Trump's art of the OPEC deal

New year, new offshore supply chain?

Power of Siberia begins gas supply to China (and why it’s ok for LNG)

Could the Majors take a fast-track route to lower emissions intensity?

What technology is winning the global energy storage race?

Proceed with caution: exploration’s watchword for 2021

Simple complexity – the future of the upstream supply chain?

Will drivers see a repeat of 2014's gasoline price reprieve?

IMO 2020: mayhem or opportunity for the refining and marine sectors?

What does the OPEC+ supply surge mean for refiners?

Three signs that a global recession is imminent

2020: the new oil sector supplier crunch bites