• Opinion

  Angry tweets, a new long march and an escalating trade war

  • 12 6月 2019

  In the latest APAC Energy Buzz, Wood Mackenzie's Asia Pacific Vice Chair, Gavin Thompson, shares the implications of the ongoing US-China trade disputes on the energy sector.

• Comment

  Shell's Prelude ships first LNG cargo

  • 12 6月 2019

  Wood Mackenzie senior analyst Daniel Toleman shares his thoughts on the event of Prelude's first LNG cargo.

• News Release

  Top 5 turbine OEMs to rule two thirds of global market by 2020

  • 19 6月 2019

  After a decade of fragmentation, the top 5 turbine OEMs have reached industry consolidation. Key global players are expected to surpass a combined market share of 68% by 2020, up from 47% 5 years ago, according to recent research from Wood Mackenzie Power & Renewables.

• News Release

  OPEC+ aims for balance as it rolls over output curbs

  • 02 7月 2019

  Speaking as the OPEC and OPEC+ meetings ended in Vienna today, Ann-Louise Hittle, vice president, Macro Oils, at global natural resources consultancy Wood Mackenzie, said: “The agreement to roll over production restraint was a foregone conclusion after the green light from Russia’s president, Vladimir Putin, at the G20 meeting for continued production restraint."

• News Release

  Mitsui and JOGMEC join Arctic LNG-2

  • 01 7月 2019

  Arctic LNG-2 is a step closer to final investment decision (FID) with the entry of Japanese companies Mitsui and government-linked Japan Oil, Gas and Metals National Corporation (JOGMEC) into the project.

• Opinion

  We need to talk about hydrogen

  • 08 7月 2019

  I’m just back from Tokyo and a key theme for many Japanese energy companies continues to be future investment in E&P and whether long-term growth in oil and gas demand will materialise given the pace of energy transition.

• Comment

  China’s textile production rises on fears of worsening trade tensions

  • 15 7月 2019

  According to research by Wood Mackenzie, Chinese textile producers are increasing production as fears grow that the trade war with the US will hurt exports of apparel and other textile products as soon as the fourth quarter of 2019.

• News Release

  Tsingshan Indonesia shakes up stainless steel markets in South East Asia

  • 15 7月 2019

  Shockwaves from Tsingshan's new stainless steel hub in Indonesia are reverberating across South East Asia and beyond, according to Wood Mackenzie

• Opinion

  How low-cost US natural gas spurs global LNG opportunities

  • 08 8月 2019

  The US shale revolution in action: as well productivity dramatically rose, the US emerged as the largest gas producer in the world. LNG buyers will benefit.

• News Release

  Data consortiums signal the future of oil and gas

  • 07 8月 2019

  Wood Mackenzie believes that discovering new value requires going beyond isolated datasets. The solution lies in data consortiums – cooperative platforms where companies can safely share quality data.

• Comment

  TechnipFMC demerger 'a bold step to reposition for the long-term'

  • 27 8月 2019

  In 2017 Technip and FMC Technologies completed one of the hallmark oilfield service company mergers of the cycle. The business plans to split in the first half of 2020 – but not back into Technip and FMC - rather into ‘upstream’ and ‘mid/downstream’.

• Opinion

  Can China’s CTO and MTO industries survive the threat of massive steam cracker investment?

  • 06 9月 2019

  In 2019, the total ethylene capacity from CTO/MTO units reached 5.21 million tonnes per annum (Mtpa), accounting for 21% of China’s total ethylene capacity. However, CTO and MTO development has slowed due to high methanol prices and environmental controls, as well as the threat from a new wave of steam cracker investment in China.

• News Release

  What are ExxonMobil’s top 5 divestment targets in Asia Pacific?

  • 07 10月 2019

  Wood Mackenzie has identified the five most likely disposal candidates after ExxonMobil signalled the start of its Asia Pacific divestment programme. Together, these opportunities are worth US$5 billion, and could contribute a third of the Supermajor's global divestment target.

• Comment

  Santos to acquire ConocoPhillips northern Australian assets

  • 14 10月 2019

  Santos announced today its plans to acquire ConocoPhillips’s northern Australian portfolio. This is a logical and attractive transaction for a number of reasons.

• Comment

  Total expands partnership with Adani on India's gas market

  • 14 10月 2019

  Total announced today its partnership with Adani Group which includes two LNG terminals, Dhamra in East India and potentially Mundra in the West, as well as Adani Gas Limited, one of the 4 main distributors of city gas in India of which Adani holds 74.8% and of which Total will acquire 37.4%.

• News Release

  Wood Mackenzie’s new data technology transforms upstream valuations

  • 09 10月 2019

  Natural resources research and consultancy Wood Mackenzie launches the world’s first Global Upstream Valuation solution, enabling organisations from the largest oil and gas companies to global banks to value assets around the globe in seconds.

• News Release

  Seismic changes across upstream as industry grapples with energy transition

  • 12 11月 2019

  The energy transition is undoubtedly impacting corporate upstream strategies in significant and disruptive ways. Coupled with the post-2014 downturn in oil prices, Wood Mackenzie sees seismic changes in the way the industry allocates capital across development, exploration and in particular M&A.

• News Release

  JCC-indexed LNG contracts could lose US$15 billion value post IMO 2020

  • 21 11月 2019

  Wood Mackenzie’s latest report reveals that LNG sellers with contracts linked to JCC (Japan Crude Cocktail) could lose some US$15 billion in unearned revenues. This is a result of the IMO 2020 regulation limiting sulphur content of marine fuels to up to 0.5%, which directly affects the price of sour crudes such as those composing the JCC mix. The IMO 2020 kicks in on 1st January 2020.

• News Release

  OPEC+ set to make its choice

  • 05 12月 2019

  OPEC+ gathers today and tomorrow to decide if the group should roll over its production restraint agreement or consider deeper cuts. The current agreement to reduce output by 1.2 million b/d runs to end March 2020. Ann-Louise Hittle, vice president, Macro Oils, said: “The idea of deeper cuts has been broached, but we consider that less likely to reach full agreement than a rollover of the standing agreement. The need for production restraint is clear. Slower US production growth is not enough to offset the ongoing imbalance between global supply and demand.”

• Comment

  Deeper OPEC+ supply cuts sends supportive signal to markets

  • 06 12月 2019

  After a marathon meeting, running late into the night of 5 December, the OPEC+ group has agreed to continue its current production restraint of 1.2 million barrels per day (b/d), and will add a further 0.5 million b/d of supply cuts through to March 2020.

• Webinar

  Webinar: Oil & Oil Products

  • 05 3月 2020

  Join our webinar when we will discuss our view of the current market fundamentals and the outlook for the coming weeks/months of 2020 and 2021, putting Europe within a global context.

• Content

  The best of 2019

  • 08 2月 2019

  The energy transition is well underway. Discover what the future holds for renewable energy and what clean disruption means for your business.

• Comment

  China bans single-use plastic

  • 20 1月 2020

  On 19 January, China's National Development and Reform Commission and the Ministry of Ecology and Environment announced policies aimed at restricting production, sale, and use of single-use plastic products.

• News Release

  Iron ore – 5 things to watch in 2020

  • 20 1月 2020

  Slower demand growth (especially in China) and a decent recovery in seaborne supply will continue to feature prominently in the iron ore industry in 2020. Prices will fall, with annual average price forecast for 2020 at $80/t.

• Comment

  US and China sign Phase One trade deal

  • 16 1月 2020

  Wood Mackenzie's Gavin Thompson provides a commentary on the US-China Phase One trade deal

• News Release

  Volkswagen to become world’s largest electric vehicle manufacturer by 2028

  • 14 1月 2020

  Volkswagen has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles by 2028. Wood Mackenzie expects the company to miss this target. However, according to Wood Mackenzie's analysis, VW will hit 14 million EVs by 2028 - making it the world's largest EV manufacturer by the end of the decade.

• News Release

  2020 gets off to a bumpy start for the refining sector

  • 21 1月 2020

  This year may prove to be a strong one for the refining sector, but 2020 has had a difficult start. Wood Mackenzie expects some turbulence this year as a number of factors come together – geopolitical risk, the impact of IMO 2020 regulations, and US tight oil production slowing, among them.

• Comment

  China’s demand drops for first time since 2009 as coronavirus hits oil markets

  • 04 2月 2020

  The near-term impact of the coronavirus outbreak on oil demand remains uncertain as much depends upon when and how China’s manufacturing industry restarts after the currently extended Lunar New Year public holiday.

• Comment

  French major Total to take 50% stake in Adani solar unit

  • 07 2月 2020

  Speaking after French major Total announced it planned to buy a 50% stake in Indian company Adani Green Energy’s solar unit, Tom Heggarty, principal analyst with Wood Mackenzie’s Energy Transition Practice, said: “Total has been extremely active in the power and renewables M&A market as it seeks to diversify its activities and grow its exposure to the zero-carbon power sector."

• News Release

  OPEC+ ‘no deal’ a blow to the market

  • 06 3月 2020

  The OPEC+ meeting broke up without a deal, what does it mean for the markets?