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Commenting after Shell announced its intention to become net-zero company by 2050, Luke Parker, vice president, corporate analysis, at Wood Mackenzie, said: “This is an evolution of the net carbon footprint ambition that Shell unveiled in November 2017.
The UK gas balance has reached a deadlock for the summer. Resilient UK production, Norwegian imports and baseload LNG imports are overwhelming the market with supply. And with lockdown placing huge pressure on electricity and fuel markets, demand will be weak throughout the summer.
The success of Europe’s transition to net-zero emissions by 2050 will hinge on the flexibility of its power system.
The global liquefied natural gas (LNG) industry is about to face its first seasonal demand contraction since 2012, with demand in summer 2020 expected to fall 2.7% or 3 million tonnes (Mt) year-on-year, says Wood Mackenzie.
Speaking after BP announced it was writing down as much as $17.5 billion when it reports its second quarter results, Luke Parker, vice president, corporate analysis, said: “The impairment shouldn’t come as a big surprise, but the implications – near-term and long-term – are significant.”
Our panel explored how the Trump administration's 'Liberation Day' tariffs marked a pivotal moment in global trade, potentially reversing the effects of China's 2001 WTO entry and accelerating deglobalization trends
Join us on 4 November in London for the inaugural Wood Mackenzie European Power Investment Summit. This is your opportunity to hear from our team of power research analysts and industry experts as they engage in insightful discussion that explores the key drivers and challenges of the entire power investment landscape. #WMEPIS
From rising US LNG exports to shifting gas prices and Russia's impact - discover what’s shaping the future of global LNG
Gain unparalleled access to real-time refining operations across the world critical to understanding the full picture of crude oil and refined product supply and demand.
Discover how oil companies are strategising to maintain their edge as the Permian Basin approaches peak production and what this means for the future of US energy leadership
Wood Mackenzie is proud to be Official Knowledge Partner at this years Gastech in Milan, from the 9 - 12 September. Come by out stand and meet our experts in the Gas & LNG industry.
The US administration has suggested possible restrictions on imports of Russian oil. “Self-sanctioning” is already starting to have an impact
Our experts present the opportunities gained from the expanding role of storage assets in a recent webinar
What does Wood Mackenzie’s new unique Supply & Demand modelling reveal about trading opportunities over the next 18 months?
Dive into the high-stakes world of energy policy and its role in the US-China AI race, featuring insights from top experts at the ACORE Finance Forum in New York
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