• News Release

  Climate commitments to top energy and mining agendas in 2021

  • 27 1月 2021

  What are the biggest emissions trends to watch this year? James Whiteside, Wood Mackenzie Global Head of Multi-Commodity Research, and Amy Bowe, Wood Mackenzie Head of Carbon Research, see five key themes

• News Release

  Australia should revise RET policy; more ambitious target needed to unlock investments

  • 04 2月 2021

  Australia needs an ambitious long-term Renewable Energy Target (RET) policy to unlock future investments, says Wood Mackenzie.

• News Release

  Carbon pricing plans ‘could transform upstream oil and gas economics’

  • 31 3月 2021

  At present, few countries require producers to either pay a carbon tax or participate in an emissions trading scheme (ETS). But as governments seek to meet decarbonisation targets, that could soon change. Carbon charges are likely to come, and they will transform the upstream sector, affecting both asset values and the industry’s economics.

• News Release

  OPEC+ set for rollover but risk clouds supply outlook

  • 30 6月 2019

  As OPEC and OPEC+ meet in Vienna, the outlook for the market is mixed, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie said. “Geopolitical risk means the supply outlook is tightening, offsetting the moderate weakening in oil demand growth thus far this year,” she said.

• News Release

  China's mega crude-to-chemicals projects may deal knockout blow to regional PX exporters

  • 21 8月 2018

  Higher base chemicals demand and feedstock security for heavy naphtha are driving the development of a new wave of mega-integrated refinery and chemical sites in China. Private Chinese chemical producers, including Hengli and Rong Sheng, are back-integrating their chemical plants with refineries by building mega-integrated facilities. Wood Mackenzie expects these projects to come on stream in the next 12 to 24 months.

• News Release

  Gas sector impacted by triple whammy of coronavirus, oil price crash and LNG oversupply

  • 01 4月 2020

  In its latest short-term gas and LNG outlook report, Wood Mackenzie weighs the risks coronavirus, sustained low oil prices and LNG oversupply pose to the sector this year.

• News Release

  Permian operators cash in ... by thinking inside the box

  • 21 8月 2019

  As the tight oil sector continues to mature, producers are looking for ways to optimise their operations, improving efficiency of both production and costs. It's a battle to win back investor confidence. New research from Wood Mackenzie underscores the fact tight-oil operators are no longer chasing growth at all costs. Development strategies have firmly shifted to focus on scale: drilling sections instead of wells, with compressed paybacks, at the lowest possible cost. Many are favouring a “cube” development strategy, viewing it as the most efficient way to capitalise on cost savings.

• News Release

  Veritas Capital completes acquisition of Wood Mackenzie

  • 02 2月 2023

  Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk (Nasdaq: VRSK).

• News Release

  After hitting new highs in 2023, US lower 48 oil production growth will begin to slow considerably in 2024 and beyond

  • 22 2月 2024

  US Lower 48 oil production growth exceeded expectations in 2023, adding 900,000 barrels per day (b/d) despite inflationary pressures, private consolidation, and declining rig activity. However, the repercussions of these decisions will impact supply moving forward as the region is poised for much lower growth in 2024 and beyond, according to Wood Mackenzie.

• News Release

  LNG contracting off to a fast start this year with more than 10 mmtpa signed

  • 16 5月 2022

  Demand for long-term LNG contracts continues to gain momentum this year as large volumes have been signed and prices for oil-linked deals under negotiation are rising, according to a recently published LNG contract trends report by Wood Mackenzie.

• News Release

  India to overtake China as world’s largest LPG residential market by 2030

  • 06 10月 2020

  India is expected to overtake China as the world’s largest liquefied petroleum gas (LPG) residential sector market by 2030.

• News Release

  20K technology to unlock more than 2 billion barrels of oil equivalent in resources in the US Gulf of Mexico

  • 12 8月 2024

  Chevron announced first oil at the Anchor field in the US Gulf of Mexico deepwater, unlocking the potential for a considerable amount of new production.

• News Release

  Asia Pacific could become a global leader in the energy transition

  • 21 2月 2024

  Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

• News Release

  The Australian energy crisis highlights the need for new gas supply

  • 29 8月 2022

  With prices soaring 400%, government is challenged to find the delicate balance of energy security and net zero goals

• News Release

  Wood Mackenzie predicts European gas demand will continue to fall, helping gas storage outlook for this winter and the following

  • 01 9月 2022

  High natural gas prices will continue to drive down European demand to seven percent below the five-year average through March, leaving a best-case scenario of storage levels at 31% at winter’s end, in line with the five-year average, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

• News Release

  Europe can weather halt in Russian gas supplies

  • 18 3月 2022

  European gas prices remain volatile amid the risks of disruptions of Russian piped imports. As additional sanctions against Russia are under discussion, a complete halt of Russian piped imports into the EU remains a risk. But Europe is in a better position to cope without Russian piped gas now than it was a few months ago, analysts from Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said.

• News Release

  About 650,000 barrels per day of Russian crude oil to be ‘swapped’

  • 05 4月 2022

  About 650,000 barrels per day (b/d) of Russian crude oil are to be relocated from advanced economies, and the solution could be ‘crude swapping’, says Wood Mackenzie.

• News Release

  Russia-Ukraine war could slow global economic growth to 2.5% this year

  • 12 4月 2022

  Global economic growth could slow to 2.5% year-on-year in 2022 and 0.7% in 2023 due to the Russia-Ukraine war, says Wood Mackenzie.

• News Release

  Domestic UK oil & gas can reduce reliance on energy imports

  • 07 4月 2022

  High commodity prices and Russia's invasion of Ukraine have called into question the UK’s reliance on energy imports. In response, the UK government is set to unveil a new ‘energy security strategy’.

• News Release

  How the energy transition can reduce the risk of future shocks

  • 21 4月 2022

  Five key lessons from today's energy crisis on how to manage the shift to lower-carbon sources while strengthening energy security

• News Release

  Market searches for new Henry Hub ceiling price as supply/demand response remains unusually muted

  • 22 4月 2022

  The recent run up in natural gas prices - hitting its highest at Henry Hub since 2008 - is a result of more muted market balancing mechanisms than in the past, say analysts from Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

• News Release

  UK government swoops on North Sea windfall profits

  • 27 5月 2022

  Wood Mackenzie’s research indicates that UK North Sea oil and gas producers are making more profits than ever before, in an era where the industry is in progressive decline.

• News Release

  Complete ban on Russian commodity exports accelerate LNG growth and energy transition

  • 16 6月 2022

  War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict, a rewriting of energy trade flows is now underway.

• News Release

  Russia supply reduction via Nord Stream poses risks to gas storage refill in Europe

  • 17 6月 2022

  Russia reducing flows via Nord Stream, outages at Freeport and French nuclear downgrades have sent the European natural gas market into an upward spiral with more volatility still to come. And while summer consumption will be covered, analysts at Wood Mackenzie, a Verisk business (Nasdaq: VRSK) say storage refill is at risk unless additional demand and supply measures are taken.

• News Release

  China’s LNG imports to see unprecedented decline in 2022

  • 19 7月 2022

  China’s LNG imports are set to fall over 14% year-on-year to 69 million tonnes (Mt) in 2022, the largest decline since it began LNG imports, says Wood Mackenzie.

• News Release

  Half of traditional super basins are future-fit and they have three things in common

  • 21 7月 2022

  Energy super basins of the future must fulfill three key criteria - abundant resources, access to low-cost renewables and hub-scale carbon capture and storage (CCS) opportunities, according to a new report by Wood Mackenzie.

• News Release

  Stability of Russian gas flows remain uncertain, despite the reopening of Nord Stream

  • 21 7月 2022

  Gazprom confirmed today that regular annual maintenance of Nord Stream is officially over and gas flows restarted at 63 million cubic metres per day (mcm/d) – 40% of the pipeline’s overall capacity. The European gas market has reacted, with prices down by 5%; but the stability of Russian gas flows is by no means a given, according to analysts at Wood Mackenzie.

• News Release

  Upstream sector on the rebound – but ‘peak uncertainty’ fears weigh in 2022

  • 13 12月 2021

  The oil and gas sector will continue to rebound in 2022, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK) But the positive outlook will be tempered by concerns about its future. In its Global Upstream Outlook 2022, Wood Mackenzie points out the upstream industry must respond to the implications of the pledges made at COP26 and governments must set a course for the industry to follow.

• News Release

  Oil demand faces downside risks; supply shortage not anticipated in 2022 with lots to watch out for

  • 19 1月 2022

  Wood Mackenzie releases its Oil markets: 5 things to look for in 2022 report which discusses the uncertainties and issues impacting global demand, oil supply and refining markets this year.

• News Release

  Energy transition may shave 2% off global GDP by 2050

  • 20 1月 2022

  The world has the means, motive and opportunity to cap global warming to the 1.5°C limit agreed in the Paris Climate Accord, new research released today by Wood Mackenzie, a Verisk company (Nasdaq: VRSK) shows. But there will be tangible economic implications of an accelerated energy transition. While global economic output is likely to take a hit until 2050, it could be recoverable by the end of the century, according to Wood Mackenzie.