Mackenzie

Global exploration should return to substantial profitability in 2017 following five years of single-digit returns, according to an analysis by Wood Mackenzie.

Oil and gas producers have slashed $150 billion from their capital expenditure (capex) budgets for the Lower 48 states through 2017, a reduction in capex that’s more than three times that spent in any single country, according to an analysis by Wood Mackenzie.

More than two decades ago, the U.S. natural gas pipeline industry was restructured to provide open access to shippers. Anyone who missed it might want to head down to Mexico to witness something of a reprise — and perhaps make a few pesos, too.

More than two decades ago, the U.S. natural gas pipeline industry was restructured to provide open access to shippers. Anyone who missed it might want to head down to Mexico to witness something of a reprise — and perhaps make a few pesos, too.

After 14 months of intransigence, doing nothing will become less of an option for cash-strapped oil and natural gas operators, with some unusual dealmaking expected for mergers and asset sales.

Canada’s dormant arctic natural gas production and pipeline scheme Thursday requested a seven-year extension of its right to come out of its deep freeze, now set to expire at the end of this year.

Western Canada's onshore plays yield comparable results to key liquids-heavy producing regions in the Lower 48 states, a positive sign once prices strengthen and demand for oilsands diluent grows, Wood Mackenzie Ltd. is estimating.

Western Canada’s onshore plays yield comparable results to key liquids-heavy producing regions in the Lower 48 states, a positive sign once prices strengthen and demand for oilsands diluent grows, Wood Mackenzie Ltd. is estimating.

With its sights set on being a leading global energy market data analytics provider, Jersey City, NJ-based Verisk Analytics Inc. announced Tuesday it has agreed to acquire Wood Mackenzie from Hellman & Friedman and other Wood Mackenzie shareholders for about $2.8 billion in cash.