• 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.

• 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.

• 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.

• 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.

• 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

  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.

• Editorial

  Can the right fiscal terms revive Asia-Pacific's upstream sector?

  • 27 2月 2019

  Asia-Pacific's upstream industry has been plagued by declining oil production, exploration and licensing activity. Since 2014, exploration investment in the region has fallen 66% to around US$6 billion in 2018, reducing the hopper of new development opportunities.

• Comment

  ExxonMobil and QP land a giant with Glaucus

  • 28 2月 2019

  ExxonMobil and partner Qatar Petroleum today announced they made a major gas find with the Glaucus-1 well, drilled offshore Cyprus. “Glaucus is a giant,” Robert Morris, senior research analyst, Europe upstream, at global natural resources consultancy Wood Mackenzie, said. He added: “It will be one of the biggest discoveries of the year."

• Comment

  Buyers' market as Gulf of Mexico lease sale wraps up

  • 20 3月 2019

  The US Gulf of Mexico region wide Lease Sale 252 was held today, 20 March 2019. The sale attracted 257 bids from 30 companies, with high bids totalling US$244.3 million. An increase of about $66 million (37%) from the last region-wide lease sale in August 2018.

• Editorial

  How will 2019 elections in Asia Pacific impact the energy sector?

  • 08 4月 2019

  It is election season in Asia Pacific. While Thailand heads for the by-elections following voting irregularities, India, Indonesia and Australia will also head to the polls this year. Who will win? How will the energy sector be impacted? What do investors need to consider?

• Podcast

  Saudi Aramco reveals finances for the first time

  • 08 4月 2019

  Saudi Aramco grabbed the headlines last week when it revealed its finances for the first time. Get our analysis of the numbers.

• Comment

  Santos makes significant gas discovery at Corvus-2 appraisal well

  • 16 4月 2019

  Santos' announced the confirmation of a significant gas resource at Corvus-2 appraisal well. Wood Mackenzie senior analyst Daniel Toleman comments on the announcement.

• Comment

  Indonesia elections and impact on energy and mining and metals sectors

  • 16 4月 2019

  Indonesia heads to the polls on 17 April 2019. Wood Mackenzie and sister company Verisk Maplecroft discuss what this means for the energy, and mining and metals sectors.

• Comment

  BP’s US$6bn Azeri Central East project gets the nod

  • 19 4月 2019

  BP and partners have taken a final investment decision (FID) on the Azeri Central East (ACE) platform, the latest phase at Azerbaijan's super-giant Azeri-Chirag-Guneshli (ACG) oilfield. The US$6 billion project will be one of the biggest upstream FIDs of the year.

• News Release

  Southeast Asian upstream M&A could hit US$14 billion

  • 25 4月 2019

  According to a new report by Wood Mackenzie, Southeast Asia could take centre stage in the region's upstream M&A activity in 2019, with up to US$14 billion worth of assets potentially switching hands.

• News Release

  What would Australia's Labor win mean for the resources, energy and power sectors?

  • 06 5月 2019

  Australia's general election is around the corner and Labor looks set for victory. Labor has announced its commitment to reduce Australia’s carbon emissions by 45% between 2005 and 2030, and to reach net-zero pollution by 2050. It has also proposed changes to existing mechanisms to lower energy and gas prices.

• Comment

  IMO 2020 – what does it mean for downstream, upstream, LNG and bulks sectors?

  • 07 5月 2019

  Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie's Asia Pacific experts weigh in on what this means for the different sectors.

• Comment

  Chevron exits bidding war for Anadarko

  • 09 5月 2019

  Chevron Corporation today announced that it would not offer a counterproposal to Occidental Petroleum's rival bid to acquire Anadarko Petroleum.

• Comment

  Equinor takes extra slice of Caesar-Tonga

  • 13 5月 2019

  Equinor has exercised its preferential rights over Delek Group to acquire an additional 22.45% interest in the Caesar-Tonga oil field from Shell, for a total consideration of US$965 million in cash.

• Comment

  Scott Morrison wins 2019 Australia election

  • 20 5月 2019

  Following PM Scott Morrison's win in the recent 2019 Australia election, Wood Mackenzie and Verisk Maplecroft analysts share their thoughts.

• Comment

  CNR snaps up Devon's Canada assets in US$2.8bn deal

  • 29 5月 2019

  Canadian Natural Resources today announced a C$3.8 billion (US$2.8 billion) acquisition of Devon Energy's Canadian assets, marking the company's seventh major acquisition since 2014.

• Comment

  Shell's Prelude ships first LNG cargo

  • 12 6月 2019

  Wood Mackenzie senior analyst Daniel Toleman shares his thoughts on the event of Prelude's first LNG cargo.

• News Release

  Corpus Christi set to be top U.S. crude export hub

  • 11 6月 2019

  The Texas port of Corpus Christi is set to emerge as the top crude oil export hub in the US over the next decade, reflecting major investments in shipping facilities and pipeline infrastructure, according to new research from Wood Mackenzie's North America Crude Markets Service.

• News Release

  Comstock takes Haynesville lead with US$2.2bn Covey Park deal

  • 11 6月 2019

  Comstock Resources today tightened its grip on the Haynesville basin with a US$2.2 billion cash-and-stock deal to buy privately-held producer Covey Park.

• Comment

  Japan's INPEX signs deal with Indonesia on Masela block development

  • 17 6月 2019

  The HoA formalises the recent outline agreement between the Government of Indonesia and INPEX on the Masela development project.

• Opinion

  We need to talk about hydrogen

  • 08 7月 2019

  I’m just back from Tokyo and a key theme for many Japanese energy companies continues to be future investment in E&P and whether long-term growth in oil and gas demand will materialise given the pace of energy transition.