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NEWS |
Domestic UK oil & gas can reduce reliance on energy imports says Wood Mackenzie
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 |
Wood Mackenzie Appoints Elena Belletti as Head of Carbon Research
Wood Mackenzie, a Verisk business, has appointed Elena Belletti as Head of Carbon Research within the company’s Energy Transition Practice.
NEWS |
WoodMac: oil price windfall a 'golden opportunity' to speed up decarbonisation
Oil and gas companies must use the current cash flow windfall opportunity to speed up decarbonisation of their businesses, Wood Mackenzie has said in a report.
NEWS |
Energy Transition Threatens $14 Trillion In Oil And Gas Assets
The energy transition is putting as much as $14 trillion worth of oil and gas assets at risk, Wood Mackenzie said today, as quoted by Reuters, in the latest doomsday scenario for the energy industry.
NEWS |
Blockbuster Start for North Sea Mergers
PGNiG’s acquisition of Ineos’ Norwegian oil business continues what has been a blockbuster start to the year for North Sea mergers and acquisitions (M&A), according to Neivan Boroujerdi, a principal a (...)
NEWS |
Oil and gas independents living on borrowed time net zero drive
Consolidation among independent oil and gas companies will accelerate amid the transition to a lower carbon energy system, which is likely to result in many going out of business, experts have warned.
NEWS |
Wood Mackenzie lowers forecasts for world oil consumption
The emergence of the new round of restrictions caused by COVID-19 in Europe, and signs of economic weakness in some other countries including the US, have prompted Wood Mackenzie’s analysts to revise (...)
NEWS |
Wood Mackenzie: how the energy sector is changing
Wood Mackenzie’s 2020 Energy and Commodities Summit Asia Pacific edition recently started, with experts sharing their views on how the energy sector is changing in light of the oil price crash, COVID- (...)
NEWS |
Coronavirus risks hit the oil and gas supply chain
The momentum of coronavirus in the USA and key European oil and gas centres represents a critical supply risk for oil and gas operators around the world, according to a report by Andy Tidey from energ (...)
NEWS |
Wood Mackenzie releases new report
Wood Mackenzie has released a new report, revealing that LNG sellers with contracts linked to JCC (Japan Crude Cocktail) could lose approximately US$15 billion in unearned revenues.
NEWS |
WoodMac Bullish on Exxon Permian Growth Campaign
Wood Mackenzie has revealed that it is bullish on ExxonMobil’s Permian growth campaign.
NEWS |
WoodMac: APAC renewables to outcompete coal within eight years
Indian and Australian solar will spearhead a grid parity shift set to take hold of Asia-Pacific renewables within less than a decade, according to Wood Mackenzie.
NEWS |
Rigrun Europe expecting an optimistic 2019!
The recent Wood Mackenzie (WoodMac) 11th Annual Survey and Westwood 10th annual ‘State of Exploration’ reports are showing a marked improvement in exploration and drilling, definitely good news for th (...)
NEWS |
Wood Mackenzie: Can the right fiscal terms revive Asia-Pacific's upstream sector?
Asia-Pacific's upstream industry has been plagued by declining oil production, exploration and licensing activity.
NEWS |
Wood Mackenzie: comments on Repsol's KBD-2X discovery
In response to Repsol's comments on the Indonesian gas discovery, Wood Mackenzie's research director, Andrew Harwood, has provided some commentary.
NEWS |
Upstream supply chain recovery to continue this year, says WoodMac
The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to Wood Mackenzie.
NEWS |
Oil exploration in North Sea 'to bounce back' in coming year
Oil exploration in the North Sea is expected to begin a bounce back over the coming year, according to analysts Wood Mackenzie.
NEWS |
Wall Street Sees Oil Price Recovery In 2019
Investment banks have had to recalibrate their oil price forecasts for next year after prices plunged by more than a third from early-October highs.
NEWS |
New oil, gas projects to accelerate next year - report
The number of new oil and gas projects will rise five-fold next year from a 2015 trough but overall spending is still unlikely to be enough to meet future demand, consultancy Wood Mackenzie said in a (...)
NEWS |
Global oil demand could peak by 2036
Global oil demand could peak within 20 years driven by a rapid shift towards electric vehicles (EVs). That is the conclusion of one of the world's most influential oil consultancies, Wood Mackenzie, w (...)