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Mitsui and JOGMEC join Arctic LNG-2

01 July 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.

Comment

Japan's INPEX signs deal with Indonesia on Masela block development

17 June 2019

The HoA formalises the recent outline agreement between the Government of Indonesia and INPEX on the Masela development project.

Comment

Shell's Prelude ships first LNG cargo

12 June 2019

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

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.

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

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

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

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.

Comment

China restricts seaborne coal imports

25 February 2019

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

Comment

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

02 January 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.

News Release

Major LNG buyers' uncontracted demand to quadruple by 2030

13 December 2018

Wood Mackenzie's latest research reveals that uncontracted demand by the world's seven largest LNG buyers could quadruple to 80 million tonnes per annum (mmtpa) by 2030.

Comment

Petronas takes 10% stake in Oman’s Khazzan development

23 October 2018

Malaysian NOC Petronas buys a 10% interest in Oman's Khazzan development

News Release

Australian gas shortages loom as LNG exporters and domestic consumers compete for supply

11 September 2018

The pace and scale of transformation in the east Australian gas market over the past five years has put gas – both its availability and its pricing – firmly on the country’s political agenda. Global natural resources consultancy Wood Mackenzie today releases its Australia East Coast Gas Market Outlook 2018-2032. The report offers a comprehensive overview of the dynamics shaping the gas market, including the drivers of domestic gas demand, how gas flows will change and price dynamics.

Comment

China retaliates with tariffs on $34 billion worth of US goods

18 June 2018

Following China's imposition of retaliatory tariffs on US goods over the weekend, our experts weigh in on the potential impact the move will have on different commodities.

News Release

Chinese shale gas production to almost double in two years

17 April 2018

Shale gas in China has seen significant progress over the last decade, growing to nearly 600 wells and 9 bcm of production last year. In its latest analysis, Wood Mackenzie projects Chinese shale gas production to almost double to 17 bcm in 2020.

News Release

Will a shifting global market embrace US crude?

05 March 2018

A new study by Wood Mackenzie, examines this shift in the oil market, and assesses the challenges and opportunities facing the market and US producers and midstream operators.

News Release

Offshore decommissioning in Asia Pacific could cost US$100 billion

01 February 2018

According to Wood Mackenzie's latest analysis, decommissioning Asia Pacific's offshore assets – nearly 2,600 platforms and 35,000 wells – could cost over US$100 billion.

News Release

New dual-credit scheme can elevate Chinese electric vehicles industry

19 January 2018

Under heavy subsidies from the government, China's electric vehicles (EV) market has grown exponentially to overtake the United States as the world's largest EV market. However with subsidies fading out in two years' time, the Chinese government and EV manufacturers are pressed for time to sustain the growth momentum in EVs. Wood Mackenzie's latest research reveals that China's proposed dual-credit scheme can reshape the EV market for a more sustainable development beyond the abolishment of subsidies in 2020. The EV penetration rate is projected to hit 17% in 2035 as a result.

Comment

China's waste plastic ban could pave way for South East Asia's dominance

04 December 2017

The sub region of South East Asia could potentially become a world leader in importing plastic waste, according to PCI Wood Mackenzie's 'RPET China Study – China Waste Import Ban 2017'.

Comment

Can LNG save China from winter gas shortage?

22 November 2017

China's introduction of the '2+26' cities policy earlier this year calls for restricted use of coal for both residential heating and industrial purposes. This has significant ramifications for the Chinese winter season where demand is traditionally high. As an alternative to coal, gas demand could rise by 23 bcm this year compared to previous winters. Facing the most severe shortages is northern China, particularly Beijing, Tianjin and Hebei (abbreviated as BTH), where demand is highly seasonal. This region will make up half or 10 bcm of the incremental winter gas demand in 2017.

Comment

India's GST - A boon for oil markets?

16 November 2017

The introduction of India's Goods and Services Tax (GST) has lifted oil demand in the country this year. Crude oil, natural gas, diesel and gasoline are currently exempt from the GST. However, diesel and gasoline demand are indirectly affected by the impact of GST on vehicle prices and sales, especially in the logistics sector.

Comment

Will Trump's Beijing trip win some LNG deals for the US?

08 November 2017

The Trump administration has been championing US energy exports as its preferred instrument for narrowing its trade deficit in the wake of the US shale boom. A combination of rising export capacity in the US, LNG import demand growth in China, and political cheerleading has underpinned an uptick in LNG exports to China this year via third party, spot trades. Will Trump's trip to Beijing seal the deal for some major LNG deals?

Comment

US$500 billion worth of investments needed to meet burgeoning power demand

20 September 2017

In celebration of ASEAN's 50th anniversary, our APAC gas and power senior analyst, Edi Saputra, reflects on ASEAN's energy developments and what to look out for in the coming years

Comment

Cambodia's first oil development takes major step forward with signed agreement with KrisEnergy

07 September 2017

Singapore –listed E&P company KrisEnergy today signed fiscal and technical agreements with the Royal Government of Cambodia for the Block A Apsara oil development.

Comment

Shenhua and Guodian merger will create world's largest power utility company

06 September 2017

On Thursday 3 August China Shenhua and China Guodian Corporation submitted a merger proposal to the State Council. If approved the new company, National Energy Investment Corporation (NEIC), will become the world's largest power utility company (power capacity wise) ahead of EDF and Enel.

News Release

Return of Asian investment in US tight oil

08 May 2017

If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.

News Release

US$40 billion worth of opportunities in Asia-Pacific upstream M&A in 2017

18 January 2017

According to research by Wood Mackenzie, the APAC upstream sector holds considerable value as the majors divest mature and mid-life assets in the region.

News Release

Global top 10 solar PV inverter vendors account for 82% of market share

08 July 2022

Global top 10 solar photovoltaic (PV) inverter vendors shored up 82% of market share in 2021, increasing by 2 percentage points compared to 2020, says Wood Mackenzie.

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Search results: 718

Mitsui and JOGMEC join Arctic LNG-2

Japan's INPEX signs deal with Indonesia on Masela block development

Shell's Prelude ships first LNG cargo

Scott Morrison wins 2019 Australia election

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

Indonesia elections and impact on energy and mining and metals sectors

South Korea could miss 2030 renewables target

India commissions first east coast LNG terminal

China restricts seaborne coal imports

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

Major LNG buyers' uncontracted demand to quadruple by 2030

Petronas takes 10% stake in Oman’s Khazzan development

Australian gas shortages loom as LNG exporters and domestic consumers compete for supply

China retaliates with tariffs on $34 billion worth of US goods

Chinese shale gas production to almost double in two years

Will a shifting global market embrace US crude?

Offshore decommissioning in Asia Pacific could cost US$100 billion

New dual-credit scheme can elevate Chinese electric vehicles industry

China's waste plastic ban could pave way for South East Asia's dominance

Can LNG save China from winter gas shortage?

India's GST - A boon for oil markets?

Will Trump's Beijing trip win some LNG deals for the US?

US$500 billion worth of investments needed to meet burgeoning power demand

Cambodia's first oil development takes major step forward with signed agreement with KrisEnergy

Shenhua and Guodian merger will create world's largest power utility company

Return of Asian investment in US tight oil

US$40 billion worth of opportunities in Asia-Pacific upstream M&A in 2017

Global top 10 solar PV inverter vendors account for 82% of market share

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