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China's luckiest number is 8 – so we posed 8 questions to Steve Jenkins, Vice President Consulting - Chemicals, Polymers & Fibres about China's petrochemicals market.
Ashima Taneja discusses exploration results in Asia Pacific in 2017 and highlights the key wells to watch in 2018 with Angus Rodger, Research Director and Matthew Howell, Senior Analyst.
The Chinese government's plans to ban waste imports, including plastics and RPET waste products by the end of 2017 could have significant repercussions; not only for the Chinese fibre industry but also for the global recycling chain.
With new restrictions on the use of coal for heating in ‘2+26’ cities and the industrial sector, China’s gas demand is set to hit record highs this winter — growing by 23 bcm.
Visiting Asia this month was an opportunity to gauge how oil and gas companies there are faring.
In this podcast, our Asia Pacific upstream research team discusses LNG demand in Southeast Asia, emerging buyers and the outlook for LNG backfill options in Australia.
Our Asia Pacific upstream research team discusses the latest regional oil and gas developments, focusing on recent exploration licensing round announcements and the outlook for pre-FID projects in Asia.
Implementation delays continued to affect distributed energy resource (DER) deployments in the second quarter of 2020, but the pandemic is also boosting investment in some areas
The move is the first publicly confirmed (near) net-zero goal by an Asian national oil company, a recognition by one of the world’s largest producers that it must address carbon emissions and adapt to the energy transition.
Deals are emerging across the sector, but finding the right buyer is a challenge. For the Majors, freeing up capital, bolstering balance sheets and clearing out assets which could be a drag on future cashflows is a priority. But it's a difficult time to sell.
The move towards a circular economy is one of many initiatives being pursued as society seeks to reduce its environmental impact. Within the refining and chemical industries, there is an increasing focus on how technology and research can be applied to support the re-engineering of many product value chains, thereby reducing the environmental impact of specific products throughout their entire lifecycle.
We hosted the CEOs of PETRONAS, Santos and Medco, the chairman of Indian Oil Corporation, and many other senior executives from a range of leading oil and gas companies, utilities and banks over two days at our APAC Energy & Commodities Summit last month.
LNG ranks among the most emission-intensive resource themes across the oil and gas sector.
As the new administration looks to take the US back into the Paris climate agreement, will the US and China work together on tackling global warming?
What does 2021 hold for the global upstream oil and gas industry? It will be a year of uncertainty and contingency – but resilience and recovery are also key themes.
The recovery in oil and gas prices should help bring buyers and sellers closer on price expectation, while ongoing consolidation among upstream producers in North America has driven a sharp uptick in global M&A in recent months, likely pushing more non-core APAC assets into the market.
Power purchase agreements are attractive for investors entering the renewable energy space, but the market is still relatively small. We take a look at key market trends.
At its core, dual circulation is about relying less on the outside world.
Gas still has a role to play in reducing global carbon emissions. But what will the renewed focus on decarbonisation mean for the gas and LNG industry?
What if India’s growth matched China’s 2000's boom? Explore the global energy ripple effects in this month’s Horizons Live.
Long-duration storage energy (LDES) projects around the world have attracted more than US $58 billion in commitments made by governments and companies since 2019. If all these projects went forward, it would lead to the installation of 57 gigawatts (GW) of LDES – the equivalent of three times the global energy-storage capacity deployed in 2022, according to analysis from Wood Mackenzie.
The government of PNG has called-off negotiations on the development of the ExxonMobil-operated P’nyang gas field.
Wood Mackenzie’s latest analysis reveals that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion barrels in 2020, equivalent to 83 days of oil demand.
In its latest short-term gas and LNG outlook report, Wood Mackenzie weighs the risks coronavirus, sustained low oil prices and LNG oversupply pose to the sector this year.
The oil price crash has hit the upstream sector hard. Deep cuts are being made across the board, but it will have a dramatic impact on the industry’s project pipeline. Global natural resources consultancy Wood Mackenzie believes almost all pre-FID projects will be deferred. Of the 50+ projects we identified with potential to go ahead this year, only 10 have a chance of proceeding, but all are at risk.
In a new report, Wood Mackenzie projects that India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations being delayed as a result of the country’s lockdown.
Looking at the May OSPs, it is clear that Saudi Arabia wants to ensure its crude remains very competitive in Asia.
A new report from Wood Mackenzie shows that olefins production losses in Asia have reached historical highs as a result of regional lockdowns in the wake of the coronavirus outbreak.
Bangladesh is expected to double its fossil fuel imports to 32 million tonnes of oil equivalent (Mtoe) between 2020 and 2030, says Wood Mackenzie.
According to the latest analysis by Wood Mackenzie, China’s oil demand will recover to 13 million barrels per day (b/d) in Q2 2020, a 16.3% jump compared to Q1 this year.
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