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Could Venezuelan production and refining capacity return to relevance?
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Addressing the recent deepwater discovery by PETRONAS in Suriname, Mark Oberstoetter, Head of Americas (non-L48) Upstream, said “We understand Roystonea and Fusaea's recoverable resources are approaching 400 million barrels. This could be enough to support an FPSO with an oil processing capacity of up to 100,000 b/d FPSO development.”
Wood Mackenzie today announced that Jason Liu has been appointed Chief Executive Officer.
China accounted for 65% of global wind capacity in 2023, which pushed four Chinese wind turbine original equipment manufacturers (OEM) into the top five global rankings, a first for the sector. With a record of 16.3 gigawatts (GW) capacity installed, Goldwind maintained the leading position for the second consecutive year.
Move over China. Rising incomes, population growth and industrialisation are fuelling a period of rapid, sustained growth in India's energy demand that could reshape the global scene.
Energy systems have been transformed by regulation and the progress of technology. Global awareness of climate change will only accelerate this trend. Understand how increasing the rate of growth of alternatives to fossil fuels will change energy markets the world over.
The LNG market in 2017 is irreversibly changed, now challenging for seller and buyer alike. Gas is flooding into the market. Since 2015, seven LNG projects have started operations, another 15 are in build. So how can we create more LNG demand? Hear an update from Noel Tomnay, Vice President Gas & Power Consulting.
Our M&A service estimates that over US$300 billion of potential assets earmarked for disposal remain in the global upstream deal pipeline.
With the UK poised to withdraw from the European Union and the single market, the steel industry is bracing for change. In 2016, 80% of the UK's total steel imports came from the EU — so what will its exit mean for manufacturers as well as for consumers?
As operators and the supply chain adapt to challenging market conditions, we explore the five trends that look set to dominate the offshore service sector this year and beyond.
In our latest report, our analysts discuss what other discoveries will be found on the North Slope and whether these new fields will generate returns and move forward at current oil prices.
Global oil demand is in for a year of strong growth but even small changes to our forecast could have major implications for price.
We have created an exclusive map displaying the location of global ethylene assets. Explore the locations of ethylene production facilities across the Americas, Europe, the Middle East, Africa, Russia and Asia Pacific.
This acquisition — the largest ever for Hi-Crush — is in direct response to increased drilling activity in West Texas.
What caused this record-breaking drop in oil production? In our latest report, our analysts discuss the causes of this decline and their expectations for Bakken production trends moving forward.
Scott Koronka, Director of Downstream Consulting, discusses the recent developments regarding refineries and M&A.
Konrad Jar discusses the developments he's seen in Asia-Pacific M&A markets.
Following last month's acquisition of nearly 18,000 net acres in the Midland basin, Parsley Energy this week purchased Double Eagle Energy's assets.
2017 has kicked off in a big way, with over 40 large developments competing for the green light over the next 12 months. We highlight projects that we think are well positioned for sanction in 2017.
For some industry players, owning refinery capacity is no longer the necessity it used to be, while for others it has become central to business success.
Chris Shepley, Head of Downstream Consulting, discusses recent trends in refineries and M&A markets.
Anna Temple, Principal Consultant for Downstream Americas, discusses recent developments in North American M&A markets and refineries.
Our analysts take an early look at the expected resolution and implications of key policies spanning oils and refining, gas, and coal.
Although 2017 brings a myriad of uncertainties, the new year also ushers in much-anticipated optimism for the global upstream industry.
What might happen over the next 12 months? We explore six key trends.
How did US$20 billion in deals happen in a down market?
Electric vehicles are rising in global popularity and the European market has seen 160,000 EVs flood the market in the past three years.
We’ve collated the data and analysed what it means for the North Sea market over the coming 12 months and beyond.
Oil and gas prices aren’t the only things that have fallen — renewable energy costs have, too.
China and the US — the world’s biggest greenhouse gas emitters — have performed a spectacular U-turn on climate change policy.
Chris Grieve, Head of Consulting EMEARC, discusses the oil and gas market and the likelihood of more gridlock ahead for M&A.
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