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China's LNG trucking capacity to double in medium term

18 June 2018

Wood Mackenzie estimates LNG trucking capacity in China to double to 38 million tonnes (mt) by 2025. China is the world's largest LNG trucking market. In 2017, 19 mt of LNG was transported via tanker truck from domestic liquefaction plants and LNG import terminals to downstream markets. This volume accounts for 12% of total gas consumption.

Comment

Tokyo Gas and Centrica deal indicates optimism returning to global LNG markets

15 June 2018

Commenting on the announcement that Centrica and Tokyo Gas have signed a heads of agreement for LNG procurement, Giles Farrer, Wood Mackenzie Research Director, said:

Comment

Indorama and Dhunseri Petrochem to restart 540 kt EIPET PET asset in Egypt

15 June 2018

Commenting on the announcement that Indorama have joined forces with India’s Dhunseri Petrochem to buy and operate the Egyptian Indian Polyester Company PET asset (EIPET) in Egypt, Phil Marshall, PCI Wood Mackenzie Head of PET, said:

News Release

Majors dig deep as Brazil's PSC Round 4 sets record

07 June 2018

On 7 June 2018, Brazil held its fourth pre-salt auction, just eight months after the highly competitive second and third pre-salt rounds. US$818 million was collected in signature bonuses, the outcome was yet another big success for Brazil. With the successful conclusion of five licensing rounds in the span of less than a year, and a fifth PSC Round set for September 2018, interest in Brazil's upstream sector continues to be very strong.

News Release

LNG markets move from oversupply as rebalancing gets under way

07 June 2018

Wood Mackenzie's short-term global gas and LNG outlook (Q2 2018) sees the market rebalancing as it moves from oversupply, although the global natural resources consultancy believes prices will remain relatively sustained into 2019.

News Release

UK taxation in isolation will not increase plastics collection rates

21 May 2018

In response to HM Treasury's call for evidence on using the tax system to address single-use plastic waste, Wood Mackenzie Chemicals said there needs to be a bigger focus on behaviour change if current UK plastics collection and recycling rates are to reach the levels seen in a number of European countries.

News Release

Wood Mackenzie joins Stonewall’s Diversity Champions programme

21 May 2018

Being a Stonewall Diversity Champion is a key part of Wood Mackenzie’s Diversity and Inclusion initiative, ensuring that all employees feel engaged, protected and empowered to perform well at work.

Comment

Concho Resources buys RSP Permian in Largest Permian Deal Ever

28 March 2018

Andy McConn, research analyst at Wood Mackenzie, shares his thoughts following Concho Resources announced acquisition of RSP Permian Inc. in an $8 billion all-share deal, the largest purely Permian deal ever.

Comment

UK plastic bottle deposit scheme vital to changing consumer behaviour

28 March 2018

Commenting on the UK Government's plans to introduce a plastic bottle deposit scheme, Helen McGeough, PCI Wood Mackenzie, Senior Consultant, commented:

Comment

Section 232 exemptions: Australia stands to gain significantly

13 March 2018

Commenting on the likelihood that Australia will be exempt from Section 232 steel tariffs, Alex Griffiths, Wood Mackenzie Senior Research Analyst, said:

Comment

Without UK steel tariff exemption, US users will struggle to source high value-added steels

09 March 2018

In response to Trade Secretary Liam Fox's announcement that the UK will seek an exemption from President Donald Trump's tariffs on steel imports to the US, Alex Griffiths, Wood Mackenzie Senior Research Analyst, said:

News Release

What will a fresh output cap at Groningen mean for the gas market?

01 February 2018

A new cap on production from the Netherlands' giant Groningen gas field may have an impact on the security of Europe's gas supply, hurt Dutch treasury receipts and prompt a reassessment of the field's remaining value.

News Release

BP's double proves there's life in the old dog yet

31 January 2018

BP announced it made two discoveries on the UK Continental Shelf in 2017 - Capercaillie, in the North Sea, and Achmelvich, in the West of Shetland. Wood Mackenzie believes the finds prove there's still life in the ultra-mature province.

Comment

EU's Plastics Strategy May be Missed Opportunity

16 January 2018

Follwoing the EU's pledge to make all plastic packaging recyclable by 2030, Helen McGeough, PCI Wood Mackenzie Senior Consultant, commented

Comment

Who will finance Asia's coal power projects?

05 January 2018

Historically, coal has played a key role in meeting Asia's growing power demand. However environmental concerns has led to more stringent regulations and commitments towards tighter emission controls globally. Increasingly over the last year, financing institutions (mostly export credit agencies (ECAs) in OECD countries and European banks) have announced plans to stop investing in coal power projects. This could impact Asia since we expect growth in power demand through to 2035, and this calls for new power capacity, including coal-fired ones.

News Release

Can upstream cost savings stick?

15 December 2017

The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.

News Release

When will the market face peak demand?

18 October 2017

The market is no stranger to peak oil. But industry focus is shifting from concerns about peak oil supply to a more concrete threat– peak demand. The Rise and Fall of Black Gold, released today by Wood Mackenzie, is a comprehensive, cross-commodity, cross-value chain analysis of peak demand. The report identifies the drivers as well as the potential impact of this global transformation – across regions, sectors, and fuels.

Comment

Australian LNG Imports could make economic sense

10 October 2017

Major eastern Australian gas buyer AGL has proposed to use a leased Floating Storage and Regasification Unit (FSRU), approximately 65km south of Melbourne, to import LNG and ease domestic gas shortage issues. This solution has faced mixed reviews given the already available domestic options, mainly the CSG-LNG projects in Queensland.

Comment

Wood Mackenzie commentary on India CERA Week

09 October 2017

To mark the start of the India Energy Forum by CERA week, Wood Mackenzie analysts weigh in on the country's oil and gas outlook and production prospects.

Comment

Beach's production to increase 160% post Origin gas assets acquisition

26 September 2017

Following the announcement of Beach Energy's US$1.25 million acquisition of Origin Energy’s subsidiary, Lattice Energy, our Australasia senior analyst Chris Meredith, weighs in on the deal.

Comment

Chinese aluminium: next set of reforms for the industry?

06 September 2017

Many market observers were sceptical about China's ability to deal with aluminium overcapacity. But cuts at Weiqiao, the world's largest smelter, shows China's determination to deliver supply-side reforms. The market is now divided into two camps – one that believes China will cut output significantly. The other one reasons that smelters will ramp up quickly and nothing much will really change.

News Release

Shale sector to be cash flow positive by 2020

26 July 2017

When will tight oil make money calculates that the five largest tight oil players could become cash flow positive by 2020?v

News Release

US-China agreement connects the fastest-growing LNG supplier with the largest LNG growth market

12 May 2017

Chinese companies can now negotiate long-term contracts to source liquefied natural gas from US suppliers, the US Commerce Department said.

Opinion

How electric vehicles are driving the nickel sulphate market

08 June 2020

Demand for nickel sulphate for EV batteries will accelerate past a 2020 slowdown. Can the industry keep pace?

Opinion

Six factors shaping the lithium market

31 May 2023

Understanding lithium market nuances is vital to forecasting future demand, supply and pricing

The Edge

Future energy – geothermal power

16 September 2021

Geothermal sits with hydrogen and CCS as a future energy play. Could EGS and AGS geothermal systems support our AET-1.5 and AET-2 projected electricity demand?

News Release

North America could play bigger role in future global bunker market

20 March 2017

Alan Gelder, Vice President of Refining, Chemicals & Oil Markets, believes that North America has the opportunity to take a much bigger role in the future global bunker market.

News Release

Better times head for the UKCS, but investment still a concern

17 January 2017

Wood Mackenzie expects a modest recovery due to the improving oil price.

News Release

Seasonality takes centre stage in Egyptian gas market

12 January 2017

Egypt's fortunes look set to change after five years of falling production and switching from a net exporter to a net importer.

News Release

Eni makes discovery of the year, named most-admired upstream explorer

17 June 2022

Italian major Eni has, for the fourth time in seven years, been named the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s industry-leading annual Exploration Survey.

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Search results: 5326

China's LNG trucking capacity to double in medium term

Tokyo Gas and Centrica deal indicates optimism returning to global LNG markets

Indorama and Dhunseri Petrochem to restart 540 kt EIPET PET asset in Egypt

Majors dig deep as Brazil's PSC Round 4 sets record

LNG markets move from oversupply as rebalancing gets under way

UK taxation in isolation will not increase plastics collection rates

Wood Mackenzie joins Stonewall’s Diversity Champions programme

Concho Resources buys RSP Permian in Largest Permian Deal Ever

UK plastic bottle deposit scheme vital to changing consumer behaviour

Section 232 exemptions: Australia stands to gain significantly

Without UK steel tariff exemption, US users will struggle to source high value-added steels

What will a fresh output cap at Groningen mean for the gas market?

BP's double proves there's life in the old dog yet

EU's Plastics Strategy May be Missed Opportunity

Who will finance Asia's coal power projects?

Can upstream cost savings stick?

When will the market face peak demand?

Australian LNG Imports could make economic sense

Wood Mackenzie commentary on India CERA Week

Beach's production to increase 160% post Origin gas assets acquisition

Chinese aluminium: next set of reforms for the industry?

Shale sector to be cash flow positive by 2020

US-China agreement connects the fastest-growing LNG supplier with the largest LNG growth market

How electric vehicles are driving the nickel sulphate market

Six factors shaping the lithium market

Future energy – geothermal power

North America could play bigger role in future global bunker market

Better times head for the UKCS, but investment still a concern

Seasonality takes centre stage in Egyptian gas market

Eni makes discovery of the year, named most-admired upstream explorer

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