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Corpus Christi set to be top U.S. crude export hub

11 June 2019

The Texas port of Corpus Christi is set to emerge as the top crude oil export hub in the US over the next decade, reflecting major investments in shipping facilities and pipeline infrastructure, according to new research from Wood Mackenzie's North America Crude Markets Service.

News Release

More investment needed in U.S. chemical recycling technology to achieve circular economy

06 June 2019

A recent push for more investment in chemical recycling in the U.S. would allow recycled material to return to the value chain at the same level from which it started. However, according to Wood Mackenzie Chemicals, there needs to be multi-pronged investment efforts to improve comprehensive collection, sorting and recycle process technology in order to achieve a truly circular economy.

News Release

South Africa demand surge made 2018 banner year for African wind turbine order intake

05 June 2019

2018 was a record-breaking year for wind turbine manufacturers in Africa. The South African government signed long-pending PPAs in April 2018, which helped independent power producers (IPPs) to announce final investment decisions (FID), according to new research from Wood Mackenzie Power & Renewables.

News Release

North America’s flexible packaging market grew by 3.9% in 2018

04 June 2019

North America's market for value-added flexible packaging increased by 3.9% to US$25.3 billion in 2018, according to a new report from Wood Mackenzie Chemicals.

News Release

US energy storage market grows 232% year-over-year in Q1 2019

04 June 2019

New research from Wood Mackenzie finds that the U.S. energy storage market broke its previous record for megawatts deployed in a single quarter in Q1 2019.

News Release

Puerto Rico microgrid market to more than double by end of 2024

03 June 2019

New research from Wood Mackenzie forecasts the microgrid market in Puerto Rico will reach 228 megawatts (MW) by the end of 2024, more than double the microgrid generation capacity currently available on the island.

Comment

CNR snaps up Devon's Canada assets in US$2.8bn deal

29 May 2019

Canadian Natural Resources today announced a C$3.8 billion (US$2.8 billion) acquisition of Devon Energy's Canadian assets, marking the company's seventh major acquisition since 2014.

News Release

2019 global wind turbine order intake off to record-breaking start

28 May 2019

Global wind turbine order intake increased 7% YoY in Q1 2019, eclipsing the previous record seen in Q1 2018 for capacity in the quarter by 875MW, according to new research from Wood Mackenzie Power & Renewables.

News Release

Saudi Aramco and Sempra Energy sign largest LNG deal for 6 years

22 May 2019

Sempra Energy and Saudi Aramco today announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement (HOA), which anticipates the negotiation and finalisation of a definitive 20-year sale-and-purchase agreement covering 5 million metric tons each year from the Port Arthur LNG export project under development.

Comment

Scott Morrison wins 2019 Australia election

20 May 2019

Following PM Scott Morrison's win in the recent 2019 Australia election, Wood Mackenzie and Verisk Maplecroft analysts share their thoughts.

News Release

Montney total production to increase by 16% in 2019

16 May 2019

Total production in Canada's Montney play will likely reach 10 billion cubic feet equivalent per day (bcfe/d) in 2019, an increase of 16% from 2018, according to new research from Wood Mackenzie.

Comment

Equinor takes extra slice of Caesar-Tonga

13 May 2019

Equinor has exercised its preferential rights over Delek Group to acquire an additional 22.45% interest in the Caesar-Tonga oil field from Shell, for a total consideration of US$965 million in cash.

Comment

Trump's latest China tariffs - what do they mean for metals and mining?

10 May 2019

The U.S has increased tariffs on $200bn of Chinese goods to 25%, from 10%, impacting a number of metals. Commentary below comes from the Wood Mackenzie metals team:

Comment

Chevron exits bidding war for Anadarko

09 May 2019

Chevron Corporation today announced that it would not offer a counterproposal to Occidental Petroleum's rival bid to acquire Anadarko Petroleum.

Comment

IMO 2020 – what does it mean for downstream, upstream, LNG and bulks sectors?

07 May 2019

Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie's Asia Pacific experts weigh in on what this means for the different sectors.

News Release

What would Australia's Labor win mean for the resources, energy and power sectors?

06 May 2019

Australia's general election is around the corner and Labor looks set for victory. Labor has announced its commitment to reduce Australia’s carbon emissions by 45% between 2005 and 2030, and to reach net-zero pollution by 2050. It has also proposed changes to existing mechanisms to lower energy and gas prices.

News Release

Southeast Asian upstream M&A could hit US$14 billion

25 April 2019

According to a new report by Wood Mackenzie, Southeast Asia could take centre stage in the region's upstream M&A activity in 2019, with up to US$14 billion worth of assets potentially switching hands.

Comment

Murphy Oil dives into deepwater Gulf of Mexico with US$1.6bn LLOG deal

23 April 2019

Murphy Oil Exploration is poised to buy several deepwater Gulf of Mexico assets from LLOG Exploration for a total of US$1.625 billion, split into a US$1.375 billion cash payment and US$250 million in contingent payments.

Comment

BP’s US$6bn Azeri Central East project gets the nod

19 April 2019

BP and partners have taken a final investment decision (FID) on the Azeri Central East (ACE) platform, the latest phase at Azerbaijan's super-giant Azeri-Chirag-Guneshli (ACG) oilfield. The US$6 billion project will be one of the biggest upstream FIDs of the year.

Comment

Santos makes significant gas discovery at Corvus-2 appraisal well

16 April 2019

Santos' announced the confirmation of a significant gas resource at Corvus-2 appraisal well. Wood Mackenzie senior analyst Daniel Toleman comments on the announcement.

Comment

Indonesia elections and impact on energy and mining and metals sectors

16 April 2019

Indonesia heads to the polls on 17 April 2019. Wood Mackenzie and sister company Verisk Maplecroft discuss what this means for the energy, and mining and metals sectors.

News Release

Saudi Arabia to become largest Middle East wind power market by early 2020s

08 April 2019

Saudi Arabia will become a regional heavyweight in wind power by the early 2020s, according to new research by Wood Mackenzie Power & Renewables.

News Release

South Korea could miss 2030 renewables target

27 March 2019

South Korea is unlikely to meet its 2030 renewables target, says Wood Mackenzie at a media briefing in Seoul today. According to the consultancy's analysis, renewables will account for about 17% of the country's power mix, a little shy of its original target.

Comment

Buyers' market as Gulf of Mexico lease sale wraps up

20 March 2019

The US Gulf of Mexico region wide Lease Sale 252 was held today, 20 March 2019. The sale attracted 257 bids from 30 companies, with high bids totalling US$244.3 million. An increase of about $66 million (37%) from the last region-wide lease sale in August 2018.

News Release

723GW of new global wind power capacity expected from 2019 to 2028

19 March 2019

50.2GW of new wind power was added globally in 2018, a 4% increase YoY and the third highest annual total on record, according to the Wood Mackenzie Power & Renewables 'Global Wind Power Market Outlook Update: Q1 2019' report.

News Release

U.S. solar market adds 10.6 gigawatts of PV in 2018

13 March 2019

For the third year in a row, the U.S. solar industry installed double-digit gigawatts (GW) of solar photovoltaic (PV) capacity, with 10.6 GW coming online in 2018. The amount was a 2 percent decrease from 2017. However, the forecast shows the market rebounding in the years ahead, according to the...

Comment

India commissions first east coast LNG terminal

07 March 2019

India's first east coast regas project, Ennore LNG terminal, was commissioned yesterday by Indian Oil Corporation (IOCL). Wood Mackenzie's senior analyst Kaushik Chatterjee shares the significance of this project and how this marks the beginning of India doubling its regas capacity to 56.5 million metric tonnes per annum (mmtpa) by 2025.

News Release

U.S. energy storage market to double two years running

06 March 2019

The U.S. energy storage market nearly doubled in 2018 and is expected to double again in 2019. According to Wood Mackenzie Power & Renewables and the Energy Storage Association’s (ESA) freshly released U.S. Energy Storage Monitor 2018 Year-in-Review, 777 megawatt-hours of grid-connected energy st...

News Release

Universal electricity access investment surpassed $500 million in 2018

04 March 2019

Total annual investment in the off-grid energy access sector surpassed $500 million in 2018, according to a new report from Wood Mackenzie Power & Renewables and Energy 4 Impact

Comment

ExxonMobil and QP land a giant with Glaucus

28 February 2019

ExxonMobil and partner Qatar Petroleum today announced they made a major gas find with the Glaucus-1 well, drilled offshore Cyprus. “Glaucus is a giant,” Robert Morris, senior research analyst, Europe upstream, at global natural resources consultancy Wood Mackenzie, said. He added: “It will be one of the biggest discoveries of the year."

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Search results: 5332

Corpus Christi set to be top U.S. crude export hub

More investment needed in U.S. chemical recycling technology to achieve circular economy

South Africa demand surge made 2018 banner year for African wind turbine order intake

North America’s flexible packaging market grew by 3.9% in 2018

US energy storage market grows 232% year-over-year in Q1 2019

Puerto Rico microgrid market to more than double by end of 2024

CNR snaps up Devon's Canada assets in US$2.8bn deal

2019 global wind turbine order intake off to record-breaking start

Saudi Aramco and Sempra Energy sign largest LNG deal for 6 years

Scott Morrison wins 2019 Australia election

Montney total production to increase by 16% in 2019

Equinor takes extra slice of Caesar-Tonga

Trump's latest China tariffs - what do they mean for metals and mining?

Chevron exits bidding war for Anadarko

IMO 2020 – what does it mean for downstream, upstream, LNG and bulks sectors?

What would Australia's Labor win mean for the resources, energy and power sectors?

Southeast Asian upstream M&A could hit US$14 billion

Murphy Oil dives into deepwater Gulf of Mexico with US$1.6bn LLOG deal

BP’s US$6bn Azeri Central East project gets the nod

Santos makes significant gas discovery at Corvus-2 appraisal well

Indonesia elections and impact on energy and mining and metals sectors

Saudi Arabia to become largest Middle East wind power market by early 2020s

South Korea could miss 2030 renewables target

Buyers' market as Gulf of Mexico lease sale wraps up

723GW of new global wind power capacity expected from 2019 to 2028

U.S. solar market adds 10.6 gigawatts of PV in 2018

India commissions first east coast LNG terminal

U.S. energy storage market to double two years running

Universal electricity access investment surpassed $500 million in 2018

ExxonMobil and QP land a giant with Glaucus

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