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Wood Mackenzie

Once the deal closes, Chevron will now be the second-largest producing major, in 2019 terms. It was fourth. Read more

M&A/Investment

Energy storage will become a key power grid asset Read more

Tanks/Terminals/Storage

Interior offers 78 million acres in new Gulf lease sale; ExxonMobil streamlining upstream organization to support growth plans; WoodMac: Exploration is 'back in the black' Read more

Upstream

According to Wood Mackenzie Chemicals, most of these U.S. investments are expected to export to Latin America, Europe, Africa and eventually into China. Read more

Refining & Petrochemical Processing

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. Read more

Offshore & Marine

Drillbits to spin on potential play-openers as revamped sector hits its stride Read more

Drilling & Exploration

Coal generation was overtaken by wind and solar for the first time in five key European markets last year. Read more

Renewable & Biofuel

Global markets were volatile heading into the new year. Oil has been no exception, with Brent trading between $62 per barrel on 7 December 2018 before falling to $51/b on 21 December. Read more

Commodities

As we enter 2019, the mood in the LNG market is mixed. The big LNG buyers are back, and we are set for a record year for supply in terms of both production growth and new project FIDs. Read more

Natural Gas/LNG

In the 1967 film 'The Graduate', a bold prediction was made: “There is a great future in plastics." Read more

Refining & Petrochemical Processing

BP has started up the Thunder Horse Northwest Expansion project in the deepwater Gulf of Mexico four months ahead of schedule and 15 percent under budget. Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc. Read more

Upstream

New research shows investment in oil and gas needs to increase by 20 percent. Read more

Offshore & Marine

After a decade of stellar growth, Wood Mackenzie forecasts that solar demand in the Asia-Pacific will decline for the first time this year. Read more

Renewable & Biofuel

New research from global natural resources consultancy Wood Mackenzie indicates Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027. Read more

Renewable & Biofuel

Hurricane Florence is projected to make landfall as a Category 4 Hurricane on the east coast of the U.S. on Saturday 15 September. Read more

Health, Safety & Environmental

Permian producers increased their 2020 oil-basis hedge positions by 431% in Q2 2018, according to Wood Mackenzie's latest analysis of oil and gas hedging activity. Read more

Drilling & Exploration

The U.S. Department of Commerce has announced that President Donald Trump had signed a proclamation allowing steel and aluminium product exclusions for quota countries. Read more

Maintenance & Reliability

Wood Mackenzie report maps long-term outlook for global oil supply Read more

Drilling & Exploration

The OPEC+ meeting confirmed Saudi Arabia and Russia’s high-level commitment to co-operate to manage the oil market. Read more

Refining & Petrochemical Processing

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