• Comment

  Chevron loses second major production asset in South East Asia

  • 13 12月 2018

  Following today's announcement by Thailand's Department of Mineral Fuels (DMF) that PTTEP has won the auction round for both G1/61 (Erawan) and G2/61 (Bongkot) PSCs after putting an aggressive bid on the gas price and the profit share, Wood Mackenzie's research analyst Jean-Baptiste Berchoteau shares some insights.

• Comment

  Full steam ahead for Tortue FLNG

  • 21 12月 2018

  Sanctioning the Tortue FLNG project, offshore Mauritania/Senegal is a 'major milestone' for BP and its partners

• Comment

  US sanctions increase pressure on Venezuela

  • 30 1月 2019

  The US is poised to impose fresh sanctions on Venezuela, ratcheting up the stakes in the country's political crisis by curbing the Maduro government's access to cash from crude exports.

• Comment

  New opportunity in UK North Sea with Greater Buchan Area round

  • 31 1月 2019

  The Oil & Gas Authority's (OGA) decision to launch the 31st supplementary offshore licensing round, focusing on the Greater Buchan Area offers a material opportunity for players active in the UK North Sea

• Opinion

  How Chinese PTA and MEG futures impact the polyester industry?

  • 30 1月 2019

  The two polyester feedstocks – purified terephthalic acid (PTA) and monoethylene glycol (MEG) – in the world's most important polyester market China, have recently moved towards a total paper business.

• News Release

  Exploration’s back in the black

  • 04 2月 2019

  After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.

• News Release

  US independents balance the books

  • 14 2月 2019

  The Lower 48 E&P sector is under pressure from investors demanding greater capital discipline, positive free cash flow and increasing returns. There’s a tug-of-war between value and volume, and value has emerged as the winner. The Lower 48’s independents, who traditionally pursued growth at all costs, must now rein in their impulses and focus on delivering returns to their shareholders. How does this affect their 2019 spending plans, and how do they manage volatile oil prices?

• Comment

  Repsol-led consortium makes significant gas discovery in Indonesia

  • 18 2月 2019

  Following the announcement by Indonesia's upstream regulator SKK Migas on a gas discovery in the country, Wood Mackenzie's research director Andrew Harwood provides a commentary.

• Opinion

  Commodity slowdown in China could be different this time

  • 05 3月 2019

  In today's meeting of the National People’s Congress, China announced slower growth this year, with its gross domestic product (GDP) growth targeted at a range of 6 to 6.5% in 2019.

• News Release

  Macri reforms reshape Argentina's gas sector

  • 28 2月 2019

  When President Mauricio Macri took power in Argentina in 2015, one of his flagship energy policy programmes was to “normalise” the country’s gas and power markets. Macri set in train moves to gradually reduce government intervention, restoring free market dynamics and pricing driven by competition. The progress the Macri administration has achieved in reshaping the gas market environment has remarkable, helped in no small part by the prolific shale gas resources of the Vaca Muerta.

• Opinion

  Does Germany need LNG?

  • 19 3月 2019

  Proposals to build a German LNG import terminal have gathered momentum. Does the country need its own supply of LNG?

• Comment

  Aramco's $10bn bond underscores its vast global ambitions

  • 01 4月 2019

  Saudi Aramco’s decision to issue a $10 billion bond underscores how serious the company is about transforming itself into an international powerhouse across the oil and gas value chain, from upstream to petrochemicals.

• Comment

  BP to exit China shale gas

  • 12 4月 2019

  In the same week that Shell agreed to explore for shale oil in China, BP is reported to be exiting its two Sichuan basin shale gas blocks.

• Comment

  Delek makes splash with US$965m deepwater Gulf of Mexico deal

  • 12 4月 2019

  Delek Group has bought Shell's stake in the Caesar-Tonga field, in the deepwater Gulf of Mexico

• Editorial

  Automotive sales trends suggest higher oil demand in medium term

  • 04 4月 2019

  The vehicle industry’s shift towards cleaner technology is poised to throw a wrench in the oil market – but likely not for another decade. Demand growth from light vehicles and two-wheelers, a key sector which accounts for roughly 30% of the near 100 million b/d in global crude consumption, are expected to slow down over the next 10 years, and eventually begin to decline after 2030, with the rapid adoption of electric vehicles (EVs).

• Comment

  Majors step up to bid on Argentina offshore acreage

  • 17 4月 2019

  Argentina's first national offshore licensing round attracted the interest of the Majors, and resulted in winning bids totalling US$718.28 million.

• Editorial

  Chevron picks up immediate LNG growth opportunity

  • 23 4月 2019

  Chevron's planned $50 billion acquisition of Anadarko is much more than a Permian acreage play.

• Comment

  Chrysaor snaps up ConocoPhillips' North Sea assets in US$2.7bn deal

  • 18 4月 2019

  Chrysaor on 18 April 2019 agreed to buy ConocoPhillips’ North Sea assets in a US$2.7 billion deal. The purchase will make Chrysaor the top producer in the UK in 2019 and keep it among the UK's largest producers for the next few years.

• News Release

  LNG primed for US$200bn capex boom

  • 25 4月 2019

  The liquefied natural gas (LNG) boom is back. Over the next two years, almost 90 million tonnes per annum (mmtpa) of LNG is expected to take final investment decision (FID) and start construction. New research from Wood Mackenzie show that capital expenditure - for both LNG plant and upstream infrastructure - will total more than US$200 billion between 2019 and 2025. This will provide a major boost to engineering, procurement and construction (EPC) contractors and other providers along the supply chain.

• Webinar

  Webinar: IMO 2020 impact on upstream producers, LNG and bulks

  • 07 5月 2019

  Join us on this upcoming webinar where our industry experts will discuss how and where the ripples will be felt as we edge nearer to the implementation date of 1st January 2020.

• Comment

  Oxy tables US$38bn rival bid for Anadarko

  • 24 4月 2019

  Occidental Petroleum today put forward a rival bid to acquire Anadarko Petroleum for US$38 billion, surpassing Chevron's US$33 billion offer earlier this month.

• Webinar

  Webinar | China Slowdown and Why This Time is Different

  • 30 4月 2019

  Join the webinar and learn how China's commodity demand has evolved, what options the government has to support growth, and what the impact on oil, gas and coal will be short and long-term.

• Webinar

  Webinar | Core vs. non-core acreage performance

  • 22 5月 2019

  Join our upcoming webinar and learn more about how geology impacts well performance. Wood Mackenzie's US Lower 48 analysts demonstrate how our integrated analysis of subsurface and production data improves decision making.

• Webinar

  Webinar | Permian M&A

  • 30 5月 2019

  Stream our webinar on demand and learn more about recent mergers in the Permian and which companies look most attractive to acquire right now.

• 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

• Comment

  Delek in US$2bn swoop on Chevron’s North Sea assets

  • 30 5月 2019

  Israel’s Delek Group confirmed today that it will buy US major Chevron’s North Sea assets in a US$2 billion deal.

• Webinar

  Webinar | The Great North American Crude Pipeline and Infrastructure Buildout: Quantifying the Impacts

  • 27 6月 2019

  Join us on Thursday, June 27, as we outline the new tools offered with Wood Mackenzie's North American Crude Market Service. With our new enhancement, you can forecast oil pipeline and export terminal utilization and economics down to the crude grade.

• News Release

  Total brings Culzean on stream, ahead of time and under budget

  • 11 6月 2019

  French major Total today brought the high-pressure/high-temperature (HP/HT) Culzean field, in the UK central North Sea, on stream, ahead of schedule and under budget.

• News Release

  Argentina LNG exports positioned to meet peak demand in Asia

  • 13 6月 2019

  Rising natural gas production in Argentina, coupled with competitive global LNG transportation costs, is expected to position the country as an emerging source of gas supply to Asia during peak demand periods, according to new research from Wood Mackenzie.

• 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.