Policy developments to shape global steel markets in 2020

• 21 enero 2020

Chinese steel demand will likely peak this year at 890 million tonnes, a growth of 1.5%, according to Wood Mackenzie. With China responsible for half of global steel demand, Chinese government policy remains core to Wood Mackenzie’s view.

What does the US-China trade deal mean for refiners - and for the market?

• 20 enero 2020

After over a year of trade tensions, the US and China signed a “phase one” trade deal on 16 January. As part of the deal, China has agreed to increase the value of energy imports by US$52.4 billion above 2017 levels over the next two years. What could it mean for the oil market?

India's 2020 energy outlook

• 23 enero 2020

India's 2020 energy outlook

Chinese smelters critical to zinc market balance in 2020

• 30 enero 2020

The most important driver of the zinc market in 2020 will be the performance of the world’s zinc smelting industry, according to Wood Mackenzie.

Uncertainty to cloud global nickel market outlook in 2020

• 29 enero 2020

All eyes will be on the Indonesian nickel market in 2020. The knives may be out for the country’s nascent stainless industry but the staggering potential for expansion in NPI may reduce the impact of the nickel ore export ban to a minor inconvenience. Although the global battery sector share of nickel demand is much smaller than other metals, getting the quantity of nickel that EVs will need by the mid-2020s will remain a challenge.

Geopolitical tensions set to maintain gold’s allure in 2020

• 28 enero 2020

Gold is poised to perform strongly in 2020, with geopolitical risk set to remain elevated, according to Wood Mackenzie.

Jebel Ali gas find ‘largest since 2005’

• 03 febrero 2020

The announcement of an 80 trillion cubic feet (tcf) find at Jebel Ali, on the border between Abu Dhabi and Dubai, is hugely significant for the United Arab Emirates. Liam Yates, an analyst on Wood Mackenzie’s Middle East upstream team, said: “The find ranks as the largest global gas discovery since Galkynysh (South Iolotan). The Turkmen field was discovered in 2005."

Could 2020 market trends bring new lustre to gloomy lead market?

• 04 febrero 2020

2020 will see lead transition into a market surplus after several years of significant deficit, according to Wood Mackenzie.

Solar power to become cheaper and more efficient in 2020s

• 04 febrero 2020

Solar system prices will continue to drop over the next decade, driven by advances in module efficiency, manufacturing, labour practices and software, according to Wood Mackenzie.

PNG government calls off P'nyang Gas Agreement negotiations

• 03 febrero 2020

The government of PNG has called-off negotiations on the development of the ExxonMobil-operated P’nyang gas field.

The impact of the coronavirus on the Chinese polyester industry

• 03 febrero 2020

The Chinese economy and the country's polyester and textile industries could be under pressure as a result of the new coronavirus outbreak. Drawing a parallel with the SARS crisis in 2003, polyester demand may weaken as business activities stall.

New CEO Looney rings changes at BP with ambitious climate plan

• 12 febrero 2020

Speaking after BP’s new chief executive Bernard Looney unveiled the major’s ambitious climate commitments today, Luke Parker, vice president, corporate analysis, said: “BP joins Shell, Total, Equinor and Repsol in making a major commitment to reduce its net carbon footprint. “This marks a major turnaround in BP’s position. Just 12 months ago former CEO Bob Dudley said the company could not be held accountable for how people use its products. Looney is taking the company in a very different direction.” Parker added: “It’s an ambition, rather than a target, but the commitment appears to be unconditional. In terms of scale of commitment, this puts BP towards the top of the pack, along with Repsol and Equinor. “This will see BP’s business completely transformed over the coming decades: renewables and carbon abatement will get very big, legacy oil and gas will eventually get smaller. But the transition to 2050 is a multi-decade transition - not something that will happen in the next year or so.”

Flexible packaging demand in Asia hit by sluggish regional economy

• 25 febrero 2020

Overall flexible packaging demand in Asia grew by 4.8% in 2019, down from 5.6% in 2018. This was mainly due to slower growth rates in major national markets, according to Wood Mackenzie.

2020s to be decade of emerging solar PV markets

• 25 febrero 2020

The next decade is set to deliver more of the same for solar PV, according to Wood Mackenzie.

Energy storage to accelerate global energy transition in 2020s

• 24 febrero 2020

The starting gun has sounded for the global storage market, which is set to grow from approximately 4GW of annual deployments in 2019 to more than 15GW in 2024, according to Wood Mackenzie.

Record amount of wind turbine capacity ordered globally in 2019

• 05 marzo 2020

2019 saw nearly 100GW of global wind turbine order capacity, shattering the previous record set in 2018, according to new analysis from Wood Mackenzie.

OPEC agrees 1.5m b/d output cut as coronavirus eats into global demand

• 05 marzo 2020

The OPEC oil producers' group and its non-OPEC allies are poised to deepen its production cuts by 1.5 million barrels per day as the coronavirus (Covid-19) outbreak eats into global oil demand.

Webinar | Copper: Unpacking short-term volatility vs long-term fundamentals

• 01 abril 2020

Join Head of Copper Research Gillian Moncur, Hugo Brennan Head of Metals & Mining Risk, and Jimena Blanco Head of Americas Risk Insights from Wood Mackenzie sister company Verisk Maplecroft as they examine the road ahead for copper.

Navigating the Oil Price Crash in Asia Pacific

• 18 marzo 2020

On 9th March, Brent fell 30% and has seen continued volatility in the following 24 hours, sending a shockwave through global energy markets. What does this mean for Asia Pacific?

Off-grid energy key to power growth in emerging markets

• 11 marzo 2020

Approximately $2.1 billion in cumulative disclosed corporate-level investment was deployed into off-grid energy access markets between 2010 and 2019.

UK Budget - £500 million to support rapid electric vehicle charging hubs

• 11 marzo 2020

Wood Mackenzie expects 1.5% of all passenger vehicles in the United Kingdom to have a plug by the end of 2020, ramping up to 43% by 2040.

Webinar | LNG Summer Outlook 2020

• 26 marzo 2020

In this webinar, Genscape and Wood Mackenzie analysts will cover the global LNG market, including perspectives of Europe and Asia, and what this means for the US market during Summer 2020.

Flexible power grid crucial to meeting energy transition goals in 2020s

• 18 marzo 2020

Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to Wood Mackenzie.

Webinar | Survival mode: how has the landscape shifted for the North American crude market?

• 02 abril 2020

Join John Coleman, Principal Research Analyst of North American Crude Oil Markets at Wood Mackenzie and Hillary Stevenson, Director of Oil Markets at Genscape as they examine the following: • What is the outlook for US production in a sub $30/bbl price environment? How is production responding to the price collapse in real-time? • How will US export barrels compete and what could this entail for domestic storage and inland infrastructure? How will this impact regional storage in Midland and legacy Permian long-haul systems? • Cushing in crisis? How much space is left and how close will levels get to ‘tank tops’

China’s crude reserves to reach 1.15 billion barrels in 2020

• 23 marzo 2020

Wood Mackenzie’s latest analysis reveals that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion barrels in 2020, equivalent to 83 days of oil demand.

Webinar: Global LNG - Key Themes and Short Term Outlook

• 02 abril 2020

As the LNG market enters its second year of oversupply, a global pandemic hits at the worst possible time. But could resulting low oil prices also provide relief to oversupply? With fear now defining the market, we will be considering global LNG balances and prices over the next two years and exploring areas of greatest uncertainty.

油价暴跌对亚太及中国炼化市场的影响

• 03 abril 2020

今年春天，全球原油市场在短短两个月内经历了新冠疫情和油价暴跌的双重打击，这对于整个亚太区及中国的炼化市场意味如何？我们的多位行业专家一起分析当前形势，评估其影响，将通过在线研讨会方式分享我们的研究成果，与业内同仁交流探讨。

Webinar | Offshore wind in the UK: exploring the merchant potential

• 31 marzo 2020

Join Wood Mackenzie's Rolf Kragelund, Director, Global Offshore Wind and Peter Osbaldstone, Director, European Power Markets on March 31st at 11 AM BST to explore the merchant offshore wind potential of the UK market.

Webinar | Energy credit markets – which companies are at risk?

• 31 marzo 2020

Gas sector impacted by triple whammy of coronavirus, oil price crash and LNG oversupply

• 01 abril 2020

In its latest short-term gas and LNG outlook report, Wood Mackenzie weighs the risks coronavirus, sustained low oil prices and LNG oversupply pose to the sector this year.