Solar tariffs hold back Q3 installations, scramble project timelines as procurement pipeline booms

• 13 diciembre 2018

The Section 201 solar tariffs took a toll on U.S. utility-scale solar installations in the third quarter according to the U.S. Solar Market Insight Report for Q3 from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). The residential market, meanwhile, continued...

OPEC and Russia agree output deal

• 07 diciembre 2018

OPEC and its allies agreed a 1.2 million barrel per day cut after two days of tense meetings in Vienna.

US Gulf of Mexico poised for historic year in 2019

• 19 diciembre 2018

Next year is shaping up to be a good one in the US Gulf of Mexico, with the first increase in drilling in four years, first-ever production from a Jurassic play, key new project sanctions and an uptick in M&A all in the cards, according to Wood Mackenzie's annual US Gulf of Mexico outlook.

Medco Energi's potential takeover of UK-listed Ophir Energy

• 02 enero 2019

On the first day of 2019, Ophir announced it was in talks with Indonesia's Medco Energi regarding a cash takeover. No amount or other details have yet been released, other than Medco has to make a clear binding offer by the 28th of January if a deal is to proceed. Ophir's upstream portfolio includes assets in Thailand, Vietnam, Indonesia, Malaysia, Equatorial Guinea and Tanzania. It also has exploration acreage in Mexico and Bangladesh.

Looming supply chain crunch threatens US wind energy boom

• 09 enero 2019

Read about the potential supply chain issues facing the US wind energy industry & how they may impact its growth.

Will Asia-Pacific's O&G sector join the global recovery in 2019?

• 14 enero 2019

Will rising demand, new exploration activity and a refresh of government policy bring renewed confidence in Asia-Pacific's upstream industry in 2019? Wood Mackenzie's research director Andrew Harwood shares his thoughts.

Fibrant Nanjing declares force majeure on Caprolactam

• 18 enero 2019

Commenting on Fibrant Nanjing's announced force majeure on Caprolactam, Dr. Crystal Chiang, Wood Mackenzie Chemicals Asia Polyamide Director, said:

Outlook sluggish for upstream M&A

• 21 enero 2019

Upstream dealmakers start 2019 facing an uphill battle. Volatile oil prices and bearish equity markets impede deal flow by creating uncertainty, widening the bid-ask spread, altering financial conditions and making companies re-think near-term strategies. In Q4 2018, as these factors emerged, deal count dropped to its lowest level since Q1 2015, with December the slowest month since January 2015.

Brent set to average $65/b in 2019

• 21 enero 2019

Global markets were volatile heading into the new year. Oil has been no exception, with Brent trading between $62 per barrel on 7 December 2018 before falling to $51/b on 21 December. Mixed macroeconomic data have driven much of the volatility, with political uncertainty compounding concerns of a sharper than expected economic slowdown. What's the outlook for 2019?

Has FLNG crested the wave?

• 30 enero 2019

Despite its small share of the total liquefied natural gas market, floating LNG (FLNG) has generated outsized interest in recent years. In a world requiring tight capital discipline, FLNG offers lower capital investment and manageable costs, particularly in frontier regions.

Glengorm ‘largest UK gas find since 2008’

• 29 enero 2019

CNOOC Ltd and Total's Glengorm gas discovery, in teh Central North Sea, is the largest gas find in UK waters since Culzean in 2008

Sanctions to squeeze Venezuela’s output

• 01 febrero 2019

The sanctions the US government has imposed against Venezuela aim to curb the Maduro government’s access to revenue from crude export. But impact could they have on state-run oil producer PDVSA and the country’s energy sector?

Smoother sailing ahead for upstream supply chain players

• 06 febrero 2019

The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to global natural resources consultancy Wood Mackenzie. As project FIDs increase, demand for equipment and services are buoying the prospects for the upstream supply chain.

Brulpadda delivers the goods for Total

• 07 febrero 2019

French major Total and its partners, Qatar Petroleum, Canadian Natural Resources, and Main Street, have made a potentially play-opening discovery with the Brulpadda-1 well, in South Africa’s deepwater Outeniqua basin, about 180 kilometres south-east of PetroSA's Mossel Bay gas-to-liquids plant.

IMO 2020 Guide

• 08 febrero 2019

How will IMO 2020 affect the crude market and fuel prices? And what does this mean for refiners, the aviation industry and ship owners? Get the latest news and analysis here.

Golden Pass crests second wave of US LNG

• 05 febrero 2019

ExxonMobil and Qatar Petroleum’s announcement that they will proceed with development of the Golden Pass liquefied natural gas (LNG) export project at Sabine Pass, Texas, kicks off what could be a record year for LNG final investment decisions (FIDs). The go-ahead for Golden Pass LNG comes as Anadarko and its partners in Mozambique LNG (Area 1) took a major step towards FID after signing sales and purchase agreements (SPAs) with CNOOC, Tokyo Gas-Centrica and Shell. ExxonMobil (30%) and Qatar Petroleum (70%) said construction at Golden Pass will begin in the first quarter of this year, with start-up scheduled for 2024.

Is offshore wind the answer to Japan's declining nuclear power?

• 14 febrero 2019

The outlook for Japan's offshore wind sector is looking positive as the country’s capacity is projected to reach upwards of 4 gigawatts (GW) in 2028, a 62-fold increase from last year, new research from Wood Mackenzie indicates.

Spanish renewables targets undermined by political uncertainty

• 20 febrero 2019

Today, Wednesday 20th February 2019, Spanish Prime Minister Pedro Sanchez presented the country’s climate action plan for 2030 to 2050. Commenting on the announcement, Wood Mackenzie Power & Renewables Senior Research Analyst, Brian Gaylord, said:

Australian high CV thermal coal prices at 19-month low, but not for long

• 19 febrero 2019

The benchmark Newcastle high energy thermal coal price has fallen from US$100/tonne at the turn of the new year to US$88/tonne. Thermal coal has been hit in early February due to seasonality of purchasing in the lead up to Chinese New Year and customs delays impacting Australian vessels into China. Will this move be another short-term blip and mirror the volatility seen last year, or is a broader correction at play?

China restricts seaborne coal imports

• 25 febrero 2019

Wood Mackenzie analysts Yu Zhai and Robbin Griffin comment on the recent restriction of seaborne coal imports by China.

US E&Ps look for international growth

• 28 marzo 2025

With US oil production set to plateau, E&Ps are looking overseas for growth. Could this mark a new era of international expansion?

Big Mining pivots to copper for growth

• 03 abril 2025

Miners are shifting gears - boosting copper investment while the rest of the sector cuts back. Is this the end of capital discipline?

Green steel in China: easier said than done

• 02 abril 2025

China steel is in its post-peak era – but can it get on an emissions pathway?  

Equities

Gain unique insight into both present and future value ahead of quarterly earnings for midstream and E&P companies.

What Trump's tariff policy means for energy and natural resources

• 08 abril 2025

Analysing the global impact of new US trade measures on power and renewables, oil, gas and metals and mined commodities

Are current legal frameworks too restrictive for CCUS projects?

• 08 abril 2025

Are outdated regulations holding back CCUS? Hear top legal and economic experts break down the barriers to scaling carbon capture in the US.

US Energy Storage Monitor

Delivered quarterly, the US Energy Storage Monitor provides the industry’s only comprehensive research on energy storage markets, deployments, policies, regulations and financing in the US

How gas could displace renewables in meeting surging US data centre demand

• 06 marzo 2025

With the future of the IRA in doubt, the renewable energy sector faces significant challenges in meeting growing US power demand - discover what’s at stake for solar, wind and storage industries.

Wood Mackenzie donates solar power system to domestic violence shelter in Puerto Rico

• 06 marzo 2025

To honor the upcoming International Women’s Day, Wood Mackenzie, in partnership with Let’s Share the Sun and other third parties, recently donated 24 solar panels and 2 batteries of storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 10.8 kW-DC system and 27.2 kWh battery will provide a significant portion of the shelter’s power needs.

Energy companies seek answers amid US tariff uncertainty

• 07 marzo 2025

The evolving US tariff landscape is creating uncertainty across industries, especially in energy, with fluctuating import tariffs impacting global markets and forcing businesses to adapt.