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It is increasingly clear across Asia that governments, lenders, and both gas suppliers and consumers must prioritise the management of carbon emissions across the gas value chain.
The vast majority of carbon emissions from Asia Pacific are now covered by net zero targets. Wind and solar generation will be critical to achieving this but must be combined with energy storage.
Covid-19 made mincemeat of energy price forecasts. From the depths of the oil price crash in March 2020 to the surge in Asian spot gas prices to over US$50/mmbtu for the first time ever earlier this month, the pandemic has shredded predictions (and egos) as fast as they could be produced.
The new government in China faces challenges in domestic and external markets
Chinese investment and know-how has accelerated high-pressure acid leach (HPAL) operations to extract nickel and cobalt in Indonesia.
Building out renewables is central to Japan's decarbonisation goals.
Difficult times for the upstream wind supply chain as a multitude of issues deteriorate profit margins.
Gas price caps across Australia’s east coast spook producers and LNG buyers.
This special episode of The Energy Gang focuses on nuclear power. Ed Crooks is joined by Katy Huff, Carl Perez and Melissa Lott. They discuss what’s driving the global resurgence of interest in its potential.
The winds of opportunity are blowing for Chinese onshore and offshore companies.
Decarbonisation must climb faster up the city-state’s political and social agenda
Asia’s wealthiest countries will benefit from supporting “loss and damage”
Wood Mackenzie's APAC team looks at predictions for 2023
The great LNG pushback has started and US supply is out of money. What does this mean for Asian buyers?
Hydrogen, particularly green hydrogen, plays a key role in the future energy mix, as the world's energy systems decarbonise.
Coal-to-gas switching has been a regular feature of the European power market in recent years. But not so much in Japan and South Korea, two of the largest LNG and premium quality coal buyers in Asia. Market dynamics have shifted dramatically in 2020 - is the scene set for switching?
China’s most important annual political meetings lay out targets and goals for the next 12 months and this year gives the world a glimpse of the direction the country’s leaders are likely to be taking with the upcoming 14th five-year plan (2021-2025).
Exploring how companies across the oil and gas, metals and mining and power and renewables sectors need to map new strategic directions to thrive post-crisis.
Without a broader global recovery there can be no quick return to pre-crisis levels for many of China’s industrial manufacturers or their demand for energy.
In this episode of The Big Chill podcast we discuss how the oil price crash and coronavirus are impacting Asian and European LNG markets, and the longer term impacts to global supply.
Which is more competitive, a US ethane-based cracker or a second-generation COTC cracker? And can other regions match China's ROI potential?
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.
The arrival of the COVID-19 pandemic has derailed power demand patterns and expectations in the Midcontinent ISO (MISO).
The coronavirus pandemic is a black swan event hitting global gas and LNG markets at the worst possible time. While the collapse of LNG prices towards US production breakevens was foreseeable, the rest of 2020 could not be more unpredictable.
The energy transition has forced Japan’s upstream companies to review their strategies. Explorers and producers face a tough choice: to grow or to exit the sector entirely?
In addition to high capital and operating costs and a lack of crop diversity, a major issue is energy intensity and associated carbon emissions.
The risks to supply chains posed by the COVID-19 outbreak do not present a strong case for economic decoupling.
Reports of the death of exploration have been greatly exaggerated. Since the 2014 oil price downturn, the industry has re-imagined exploration. Spend has halved since its peak, and only the boldest exploration teams now take difficult wells in tough locations to their investment committees.
A less favourable economic backdrop means Covid-19 looks set to have a bigger impact than the 2003 SARS outbreak did.
It’s impossible not to be moved by the human and environmental disaster wreaked by recent fires across so much of eastern and southern Australia. For those of us outside the country, the harrowing images on television and the internet of course tell only a fraction of the story. Through the incredible dedication of Australia’s firefighters – both professionals and volunteers – and recent rainfall, the bushfires mercifully now appear be coming under control.
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