Post Tagged with: "Wood Mackenzie"

Source: CNBC

China’s wind energy sector faces significant impact due to the coronavirus, Wood Mackenzie warns

CNBC


The new coronavirus outbreak could have a significant impact on the wind energy industry in China, according to research by Wood Mackenzie.

In a statement Monday, the research and consultancy firm said the virus — officially known as COVID-19 …

Source: CNBC

OPEC oil production cuts likely to continue for the ‘whole of 2020’: Wood Mackenzie

CNBC


OPEC is likely to continue with its oil supply cuts for the rest of 2020, a research director said Monday.

“One thing which we are seeing in our numbers is that the market is still not ready to absorb

Source: Data Gumbo

Verisk to Acquire Genscape

By Tyler Losier, Energy Reporter, Oil & Gas 360

Genscape will become a part of Verisk subsidiary Wood Mackenzie
Verisk (stock ticker: VRSK), a data analytics provider headquartered in New Jersey, has signed a definitive agreement to acquire Genscape, a

Texas Shale Pioneers Struggle to Appease Investors

Texas Shale Pioneers Struggle to Appease Investors

From Reuters


Seven years ago, Diamondback Energy Inc went public with a modest parcel of drillable land in the Permian Basin of West Texas.

Like dozens of other Permian startups, the firm then pursued a classic wildcatter’s strategy – borrowing …

Permian Producers May Need to Spend More or Consider Mergers

Permian Producers May Need to Spend More or Consider Mergers

From The Houston Chronicle


As the sweet spots of the booming Permian Basin are drilled, oil companies will need to either spend more money or consider mergers and acquisitions to keep up their crude production volumes, according to the energy …

Wood Mackenzie Gives Lower Forecast for Brent Crude Oil for 2019

Wood Mackenzie Gives Lower Forecast for Brent Crude Oil for 2019

Keeps 2020 Brent as predicted earlier
Wood Mackenzie put out a prediction after watching Brent oil prices, which were trading at $62 per barrel on December 7, 2018 before falling to $51 per barrel on December 21, 2018. Mixed macroeconomic

Slow Deepwater Rebound Threatened by Rising Rig Costs, Falling Oil Prices

Slow Deepwater Rebound Threatened by Rising Rig Costs, Falling Oil Prices

From Houston Chronicle

 

The slow deepwater recovery in the Gulf of Mexico and the rest of the world is now threatened by falling oil prices and the projected cost rise of drilling rigs and other services.

A new report …

November 30, 2018 - 1:30 pm Closing Bell Story‎, Energy News
Expect Higher Crude Oil Exports to European, Asian Markets:  WoodMac

Expect Higher Crude Oil Exports to European, Asian Markets:  WoodMac

In its appearance at EIA’s annual Energy Conference last week, Wood Mackenzie gave a presentation on crude oil exports, saying that U.S. crude oil exports rose in tandem with U.S. oil production following the repeal of the U.S.’s 40-year crude …

Tight Oil Led by the Permian Tops a 2017 Oil Industry Revival: WoodMac

Tight Oil Led by the Permian Tops a 2017 Oil Industry Revival: WoodMac

Optimism returns: WoodMac calls for $450 billion in upstream O&G project FIDs in 2017

According to Wood Mackenzie’s global upstream outlook for 2017, confidence will start to return to the oil and gas sector in 2017, with exploration and …