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As fears mount over gas and electricity shortages in New South Wales and Victoria, one producer bluntly told me: “Folks in Melbourne better get used to cold showers.”
Until recently, Asia was the premium market for LNG. But dynamics have changed dramatically, and Asia has become the new swing market.
Are there longer-term opportunities for unconventional exploration and appraisal as Europe diversifies away from Russian gas?
Europe is in the grip of an energy crisis. Piped gas imports from Russia are 80% down on last year, sending prices through the roof. Unfortunately, quick fixes are in short supply.
COP27 in Egypt focused on short-term decarbonisation goals and dialogue between developed and developing nations.
Wood Mackenzie's APAC team looks at predictions for 2023
It was a fascinating and unpredictable year for energy and commodities. Take a look at our top 10 most popular articles from the year.
Gas price caps across Australia’s east coast spook producers and LNG buyers.
Simon Flowers' perspective on the growth of electric vehicles, the growing role of the US in global LNG markets, and more.
Beijing’s commitment to purchase an additional $52.4 billion of energy from the US creates a huge opportunity, but is it realistic and what could be the consequences?
As I write this edition of the APAC Energy Buzz from my desk in Singapore I can see ships. Lots of ships.
The combustion benefits of gas versus oil and coal are clear, and using LNG has improved air quality in China, South Korea and India. This episode of The Big Chill podcast asks: can LNG get greener?
International gas and LNG prices have collapsed. For most of 2019, the global market has seen improving gas supply and intense supplier competition result in lower prices. What does this mean for Australia's east coast gas market?
There’s no doubt the global LNG market needs China; it’s that simple. With some 165 million tons per annum (Mtpa) of new supply expected to take final investment decision between 2018 and 2021 and US$240 billion of investment required to bring this online, much attention is focused on how much China can consume.
The first wave of US LNG projects was a game-changer, putting it on a course to be the world's third largest LNG producer after Australia and Qatar by 2020.
Wood Mackenzie President Neal Anderson introduces our 2019 Energy Transition Outlook and examines why the energy mix is not changing nearly as quickly as the world needs it to.
CNPC and CNOOC have each acquired a 10% stake in Novatek’s Arctic LNG-2 project. What’s the significance for China's Belt and Road Initiative?
Lucy Cullen, Singapore-based senior gas analyst, discusses the potential impact of increasing tariffs on US LNG.
APAC Energy Buzz is a monthly blog by our Asia Pacific Vice Chair, Gavin Thompson. In his blog, Gavin shares the sights and sounds of what’s trending in the region and what’s weighing on business leaders’ minds.
Can big players in the Carnarvon Basin lose the ego and play nice for the greater good of Australian LNG?
Dr Yury Sentyurin. Secretary General of the GECF, cautions against relying on gas-on-gas pricing in this interview with LNG Research Manager Edward Gomersall.
Reactions from the CWC LNG and Gas Summit held this year in Tokyo.
We explore the new business models supporting growth
The mood at the recent CWC event was optimistic — with good reason. What were the five big takeaways from the event?
Amidst a growing market glut, attention has turned to the short-term costs to keep existing projects running at all.
The risks to supply chains posed by the COVID-19 outbreak do not present a strong case for economic decoupling.
In this episode of The LNG Big Chill podcast, we discuss how Covid-19 is hitting an already oversupplied LNG market, whether we will see more cancellations of US LNG cargoes and what this uncertainty means for LNG project FIDs.
Italy is the epicentre of the coronavirus pandemic. This has led to a sudden and significant drop in power demand. What does that tell us about what’s to come in other markets?
The timing and phasing of India’s gradual release from lockdown, including the restart of selected manufacturing after 20 April, will be critical to the country’s economic stability and the shape of near-term energy demand. Multiple risks remain.
A look at how Middle East disruption is exposing the limits of US energy independence, and what it means for global oil and LNG supply
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