British Energy Minister Fallon says oil, gas imports here to say

LONDON, Jan. 28 (UPI) -- The British economy will import more oil and natural gas despite upbeat forecasts for the North Sea and shale's potential, the British energy minister said.

North Sea open to new drilling, British government says

LONDON, Jan. 24 (UPI) -- British Energy Minister Michael Fallon said Friday new oil and gas operations in British waters of the North Sea will provide a source of economic stimulus.

Wood Mac: 2014 key year for Norwegian energy

EDINBURGH, Scotland, Jan. 14 (UPI) -- Energy consultancy Wood Mackenzie said 2013 was a good year in Norway's energy sector and 2014 should bring significant developments.

Companies drill for more oil in Argentina

LONDON, Jan. 6 (UPI) -- A successful oil exploration program in Argentina should lead to a promising development opportunity, Andes Energia's Alejandro Jotayan said Monday.

Wood Mac: Uganda-Kenya pipeline vital for region

HOUSTON, Dec. 18 (UPI) -- A proposed oil pipeline from central Uganda to the coast of Kenya could be a vital step toward unlocking East Africa's potential, Wood Mackenzie said Wednesday.

Eni keen on Russia despite sale

MILAN, Italy, Nov. 21 (UPI) -- Italian energy company Eni said it would continue to have a strong relationship with Russia after the sale of its stake in gas fields in the Russian arctic.

Wood Mackenzie: Expand Russia's energy horizons

MOSCOW, Nov. 20 (UPI) -- Ian Thom, a Russian analyst at energy consultant group Wood Mackenzie, said there isn't enough focus on unconventional resources in the Russian energy sector.

Putin mulls gas pipeline to South Korea through North Korea

MOSCOW, Nov. 13 (UPI) -- Russian President Vladimir Putin said the best option for a pipeline to deliver natural gas from Russia to South Korea is a land route through North Korea.

China and Russia to boost energy cooperation

BEIJING, Oct. 16 (UPI) -- China and Russia plan to expand energy cooperation, government officials said.

East Africa may be next oil, gas bright spot

LONDON, Oct. 10 (UPI) -- New investments in the natural resource sector in East African countries should translate to a massive increase in oil and gas production, Wood Mackenzie said.

Report: North America still tied to world energy markets

HOUSTON, Sept. 27 (UPI) -- Consultancy group Wood Mackenzie said greater oil and gas production in North America will not decrease its dependence on foreign markets.

Argentina's shale gets mixed reviews

WASHINGTON, Sept. 26 (UPI) -- The shale natural gas potential in Argentina is good though the sector may be hampered by the lack of foreign investment, analysts said.

Russian energy focus pivots to China

HOUSTON, Sept. 19 (UPI) -- The Russian focus on Asian economies suggests energy trade between Moscow and Beijing will quadruple by 2025, Wood Mackenzie said Thursday.

WoodMac: Middle East energy has huge potential

HOUSTON, Sept. 13 (UPI) -- Billions of dollars worth of undeveloped natural resources are in the Middle East but there may be significant challenges in reaching them, Wood Mackenzie said.

Japan, S. Korea complicating LNG markets

HOUSTON, Sept. 9 (UPI) -- Policy and regulatory uncertainty from Japan and South Korea could lead to a tighter market for liquefied natural gas in the region, Wood Mackenzie said.
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Wood Mackenzie
WPC2000061802 - 17 JUNE 2000 - CALGARY, AB, CANADA: A Chinese delegate talks to a representative of the U.K.'s Wood Mackenzie exhibit booth at the 16th World Petroleum Congress in downtown Calgary, June 15. Wood Mackenzie provides invaluable commercial analysis and strategic advice to the worlds leading energy companies, covering upstream oil and gas, oil refining and marketing, downstream gas and power generation. mc/hr/H. Ruckemann UPI
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