More than 75% of new liquefied natural gas (LNG) global supply could be at risk because of quickly expanding renewable energy resources, according to an analysis by Wood Mackenzie. In a forecast issued on Wednesday, the consultancy said its scenario for worldwide gas demand is going to come under pressure as power sector investments increase…
Tag / Wood Mackenzie
SubscribeWood Mackenzie
Articles from Wood Mackenzie
Energy Transition Could Put Major Dent in Upstream Natural Gas Investment, Wood Mackenzie Says
Limiting human-induced global warming to under 2 degrees Celsius would put an estimated 65% dent in upstream natural gas investment through 2040, according to new analysis by Wood Mackenzie. Although natural gas is the cleanest-burning fossil fuel, there is more to the story of the molecule’s total climate-warming impact, researchers said Wednesday. Liquefied natural gas…
Permian Water Shortages Cited as Material Risk to E&P Profits, Output
Permian Basin operators have been raising more rigs and ramping up completions of late, but persistent water issues could be a material risk to future profitability and production, according to Wood Mackenzie.
Upstream Ready to Thrive, Not Merely Survive in New Year, Says Wood Mackenzie
Oil and natural gas operators are entering 2018 in the best shape since oil prices collapsed in late 2014, Wood Mackenzie researchers said Thursday.
Global Reserves Shortfall Forecast If Producers Eschew Exploration Investments
The global oil market faces a supply shortfall of 4.5 million b/d by 2035 if exploration success — and investments — aren’t stepped up, Wood Mackenzie researchers are forecasting.
Global Reserves Shortfall Forecast If Producers Eschew Exploration Investments
The global oil market faces a supply shortfall of 4.5 million b/d by 2035 if exploration success — and investments — aren’t stepped up, Wood Mackenzie researchers are forecasting.