Wood Mackenzie is an oil and gas industry research house with a Perth office that has expanded its coverage to other commodities and the energy transition.
Hydrogen
In a decade hydrogen made with renewable power may be cheaper than making it from gas and offsetting the emissions according to an independent expert analysis but Woodside thinks gas has 30 years left.
Woodside Petroleum
If Scarborough, considered the most economic of Woodside's two projects, was uncompetitive before LNG prices crashed then plans will have to change on the Burrup Peninsula.
LNG
Wood Mackenzie and Bloomberg agree that too much US gas, high stockpiles in Europe and demand hit by COVID-19 make 2020 a tough time for LNG sellers.
Iron Ore
The iron ore price that had held up in the economic chaos of 2020 is beginning to fall, and the worst case of $US50 a tonne would shatter government revenue just when it is needed the most.
LNG
Woodside's Scarborough and Santos' Barossa LNG projects unlikely to happen this year as planned according to oil and gas experts Wood Mackenzie.