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723GW of new global wind power capacity expected from 2019 to 2028

19 March 2019

50.2GW of new wind power was added globally in 2018, a 4% increase YoY and the third highest annual total on record, according to the Wood Mackenzie Power & Renewables 'Global Wind Power Market Outlook Update: Q1 2019' report.

News Release

U.S. solar market adds 10.6 gigawatts of PV in 2018

13 March 2019

For the third year in a row, the U.S. solar industry installed double-digit gigawatts (GW) of solar photovoltaic (PV) capacity, with 10.6 GW coming online in 2018. The amount was a 2 percent decrease from 2017. However, the forecast shows the market rebounding in the years ahead, according to the...

News Release

U.S. energy storage market to double two years running

06 March 2019

The U.S. energy storage market nearly doubled in 2018 and is expected to double again in 2019. According to Wood Mackenzie Power & Renewables and the Energy Storage Association’s (ESA) freshly released U.S. Energy Storage Monitor 2018 Year-in-Review, 777 megawatt-hours of grid-connected energy st...

News Release

Universal electricity access investment surpassed $500 million in 2018

04 March 2019

Total annual investment in the off-grid energy access sector surpassed $500 million in 2018, according to a new report from Wood Mackenzie Power & Renewables and Energy 4 Impact

News Release

Brulpadda delivers the goods for Total

07 February 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.

News Release

Smoother sailing ahead for upstream supply chain players

06 February 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.

News Release

Golden Pass crests second wave of US LNG

05 February 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.

News Release

Has FLNG crested the wave?

30 January 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.

News Release

Outlook sluggish for upstream M&A

21 January 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.

News Release

Looming supply chain crunch threatens US wind energy boom

09 January 2019

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

News Release

US Gulf of Mexico poised for historic year in 2019

19 December 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.

News Release

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

13 December 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...

News Release

US energy storage project pipeline doubles in 2018, nears 33 GW

06 December 2018

The pipeline for energy storage projects in the U.S. has doubled this year, ballooning to 32.9 gigawatts, according to the latest U.S. Energy Storage Monitor from Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA). While not all of the projects will come to fruition, this ...

News Release

2-degree world out of reach even under accelerated energy transition

30 November 2018

The global energy transition is underway, but is a 2-degree world within reach? In its alternative energy outlook, Carbon-constrained scenario 2018: Navigating a challenging path to lower global emissions, Wood Mackenzie explores how commodity demand and carbon emissions react by an accelerated deployment of power and transport sector technologies.

News Release

What do the US mid-term election results mean for renewable energy?

21 November 2018

The results of this year's U.S. mid-term elections may open a path for higher renewable portfolio standards and gigawatts of solar and wind deployments, according to a new analysis from Wood Mackenzie Power & Renewables.

News Release

New Turkmengaz gas and chemical complex good news for domestic petrochemicals industry

18 October 2018

Following the opening of the new Turkmengaz gas and chemicals complex, located in Kiyanly, Turkmenistan, Wood Mackenzie Chemicals Analyst Laurie Baxter commented:

News Release

US-China trade dispute will disrupt global polyolefins trade

16 October 2018

Following the escalation of trade tariff disputes between the world’s two largest economies, China and the U.S., Wood Mackenzie Chemicals expects that U.S. polyolefins exports to China will be negatively impacted by 50% in 2019.

News Release

Wood Mackenzie focuses Lens on data

02 October 2018

Fresh new design, cutting-edge cloud technology and open-source solutions are the hallmarks of Wood Mackenzie’s all-new platform, Lens. It enables the consultancy’s natural resources clients to access, analyse and model data in every major commodity, in every market, in ways they have never been able to do before.

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.

News Release

EVs up to 67% less emissions intensive than ICE cars

05 September 2018

A typical mid-size electric vehicle (EV) can generate up to 67% lower greenhouse gas (GHG) emissions than a gasoline internal combustion engine (ICE) car on a well-to-wheel basis.

News Release

Decommission or redevelop? Brazil's mature Campos basin oil fields await resurgence

28 August 2018

Brazil’s Campos basin is awaiting a resurgence in production according to a new report by Wood Mackenzie, analysing the impacts redevelopment of the basin's mature oil fields could have on production, royalty collection and job creation.

News Release

Alternate battery technology vendor ecosystem growing rapidly

16 August 2018

Wood Mackenzie Power & Renewables expects new flavours of NMC chemistry, including 532 (5 parts nickel, 3 parts manganese, and 2 parts cobalt) and 622 (6 parts nickel, 2 parts manganese, and 2 parts cobalt) to start gaining market share by 2019.

News Release

Global upstream project delivery is finally hitting the mark

14 August 2018

Has the oil and gas industry finally turned around its reputation for always delivering upstream projects behind schedule and overbudget? Emerging signs of improved execution suggest companies are getting it right after a period of dismal performance on project returns, according to a new Wood Mackenzie report.

News Release

Exploration industry eyes a brighter future at EAGE

12 June 2018

In his keynote address to the EAGE 2018 Conference in Copenhagen, Andrew Latham, vice president, global exploration, at Wood Mackenzie, told delegates that the exploration sector emerged from the downturn in better shape, and the economic outlook is looking bright.

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

IMO aims to halve global shipping emissions. But, what will it cost?

12 April 2018

The IMO is gearing up to cap sulphur emissions. Wood Mackenzie looks at the potential impact the new regulations could have on the shipping and bunker fuel sectors.

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

Latin America to buck global exploration trend in 2018

22 January 2018

Driven by an impressive array of licensing and farm-in opportunities, plus an upsurge in exploration activity, Latin America’s upstream sector is poised for a banner year in 2018, according to a new insight by Wood Mackenzie, Latin America Upstream: What to look for in 2018.

News Release

Deepwater Gulf of Mexico stages a comeback in 2018

05 January 2018

The U.S. deepwater Gulf of Mexico sector has struggled since crude dropped in late 2014. However, as costs finally settle at a bottom and operators set a new standard for operational efficiency, 2018 might just be a turning point for the sector.

News Release

Producers double down on hedging in Q3 2017

29 November 2017

Hedging activity surged in Q3 2017 as oil producers rushed to lock in rising prices for future production, according to Wood Mackenzie's latest analysis of oil and gas hedging activity.

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Search results: 927

723GW of new global wind power capacity expected from 2019 to 2028

U.S. solar market adds 10.6 gigawatts of PV in 2018

U.S. energy storage market to double two years running

Universal electricity access investment surpassed $500 million in 2018

Brulpadda delivers the goods for Total

Smoother sailing ahead for upstream supply chain players

Golden Pass crests second wave of US LNG

Has FLNG crested the wave?

Outlook sluggish for upstream M&A

Looming supply chain crunch threatens US wind energy boom

US Gulf of Mexico poised for historic year in 2019

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

US energy storage project pipeline doubles in 2018, nears 33 GW

2-degree world out of reach even under accelerated energy transition

What do the US mid-term election results mean for renewable energy?

New Turkmengaz gas and chemical complex good news for domestic petrochemicals industry

US-China trade dispute will disrupt global polyolefins trade

Wood Mackenzie focuses Lens on data

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

EVs up to 67% less emissions intensive than ICE cars

Decommission or redevelop? Brazil's mature Campos basin oil fields await resurgence

Alternate battery technology vendor ecosystem growing rapidly

Global upstream project delivery is finally hitting the mark

Exploration industry eyes a brighter future at EAGE

Chinese shale gas production to almost double in two years

IMO aims to halve global shipping emissions. But, what will it cost?

Offshore decommissioning in Asia Pacific could cost US$100 billion

Latin America to buck global exploration trend in 2018

Deepwater Gulf of Mexico stages a comeback in 2018

Producers double down on hedging in Q3 2017

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