• Comment

  Chinese aluminium: next set of reforms for the industry?

  • 06 9月 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

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

  • 12 5月 2017

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

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  Metals & Mining

  • 01 12月 2020

  Gain flexible access to objective research within and across individual commodities — as well as the analysts driving it.

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  Corporates

  • 01 12月 2020

  Understand strategic opportunities and challenges in the rapidly changing upstream industry.

• News Release

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

  • 17 1月 2017

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

• News Release

  Seasonality takes centre stage in Egyptian gas market

  • 12 1月 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

  US gasoline demand poised to decline by over 1.7 million b/d by 2030

  • 20 3月 2017

  Gas demand may be nearing a new peak due to stringent fuel efficiency standards and shifting demographics.

• News Release

  North America could play bigger role in future global bunker market

  • 20 3月 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.

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  Media centre

  • 28 7月 2017

  Media Centre Here you'll find our latest news and digital content on any aspect of the energy, chemicals, metals and mining or renewables sectors. Contact our Global Media Relations Team Mark Thomton Hla Myat Mon Chris Boba Senior PR Manager - Americas PR Manager - APAC Senior PR Manager -...

• News Release

  Shale sector to be cash flow positive by 2020

  • 26 7月 2017

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

• Comment

  Market implications of Chinese tariffs on US LNG

  • 03 8月 2018

  Today China announced retaliatory tariffs on $60 billion worth of American imports, in response to the Trump administration's latest trade threats. The list included a 25% tariff on LNG.

• Comment

  More oil discovered in Carnavon Petroleum's Dorado-1 well

  • 08 8月 2018

  A sizeable discovery is significant for Quadrant, whose private equity backers are looking to exit, and Carnarvon, which is a pure-play explorer. A standalone oil discovery is easier to monetise than gas, as it does not require LNG contracts or gas infrastructure.

• Comment

  Fresh wave of tariffs to hit US plastic pipes, hoses and tubes imports

  • 09 8月 2018

  Commenting on the announcement that the US will impose a 25% tariff on $16 billion worth of Chinese goods, including chemicals, Ashish Chitalia, Wood Mackenzie Principal Analyst, said:

• News Release

  New regulations to fast-track Brazil FPSO deployment and boost pre-salt oil production

  • 20 6月 2018

  Brazil's new local content regulations could fast-track the deployment of FPSO units, speeding up the pace of pre-salt oil production by more than 21 billion barrels by the mid-2020s, a new report by Wood Mackenzie analysing the impact of new local content rules on production, royalty collection and job creation has found.

• News Release

  Rise in new players in Southeast Asia's upstream sector

  • 28 6月 2018

  Since the fall in oil prices in 2014, oil majors and international oil companies (IOCs) have accelerated a shift towards resource themes and regions offering higher returns, lower complexity and shorter timeframes, away from the more challenging regions such as Southeast Asia. To date, close to 800 million barrels of oil equivalent (boe) of the region's resources have left the hands of majors and IOCs.

• Comment

  Chevron set to divest central UK North Sea assets

  • 04 7月 2018

  Chevron has announced it is planning to sell its central UK North Sea assets, including Captain, Elgin/Franklin, Erksine and Jade, to focus on the West of Shetland province.

• Comment

  Energy storage market poised for a boom Down Under

  • 06 7月 2018

  Looking at behind-the-meter, Australia was the biggest residential storage market in the world in 2017, with a tripling of residential storage deployments over the previous year. High retail electricity rates and diminishing or expiring feed-in tariffs have encouraged residential solar customers to choose storage for self-consumption benefits. As a result, over the past few years, Australia has been the preferred testbed for new residential energy storage products, as several technology vendors have first introduced their residential product portfolios in the country.

• Comment

  INEOS €2.7 billion chemicals investment good news for European olefins industry

  • 03 7月 2018

  Commenting on the announcement that INEOS has approved a €2.7 billion capital project to build both a world scale ethane cracker and a PDH (Propane Dehydrogenation) unit in Northern Europe, Patrick Kirby, PCI Wood Mackenzie Principal Analyst, said:

• Comment

  US LNG deal 'could be significant for relationship with Europe'

  • 27 7月 2018

  What does the EU's agreement to buy US LNG - announced after a meeting between European Commission president Jean-Claude Juncker and US President Donald Trump - mean for producers and consumers?

• Comment

  BP buys BHP's L48 assets in 'transformative' $10.5bn deal

  • 27 7月 2018

  BP has bought BHP Billiton's US Lower 48 assets in a $10.5 billion deal. Wood Mackenzie believes the deal will be transformative for BP.

• Comment

  ICE announces futures contract based on Permian crude to Houston

  • 17 7月 2018

  The Intercontinental Exchange Inc., an operator of global exchanges and clearing houses for the financial and commodity markets in the U.S., announced plans to launch a new Permian West Texas Intermediate crude oil futures contract with physical delivery in Houston. The exchange, which is slated to launch Q3 2018 subject to regulatory review, will provide traders with direct access to Houston prices.

• News Release

  Poland tops growth league in Europe’s €14.1 billion flexible packaging market

  • 18 7月 2018

  According to PCI Wood Mackenzie's latest review of the European marketplace, 'Flexible Packaging European Supply Demand Report', Poland continued to be the fastest growing major flexible packaging market in Europe in 2017, increasing by over 5% during the year.

• News Release

  OPEC producers key to world supply through to 2040

  • 16 7月 2018

  Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.

• News Release

  Inaugural Wood Mackenzie Prize awarded to Houston-based EY employee

  • 10 8月 2018

  This ADIT June exam session saw the inaugural award of the Wood Mackenzie Prize, which recognises the highest scoring pass in this year’s Upstream Oil and Gas exam, awarded to Gareth Charles Lewis, of Houston, Texas, USA, who is employed at EY.

• News Release

  China's mega crude-to-chemicals projects may deal knockout blow to regional PX exporters

  • 21 8月 2018

  Higher base chemicals demand and feedstock security for heavy naphtha are driving the development of a new wave of mega-integrated refinery and chemical sites in China. Private Chinese chemical producers, including Hengli and Rong Sheng, are back-integrating their chemical plants with refineries by building mega-integrated facilities. Wood Mackenzie expects these projects to come on stream in the next 12 to 24 months.

• Comment

  Santos acquires Quadrant Energy

  • 23 8月 2018

  Australian operator Santos has acquired Quadrant Energy for an upfront consideration of US$2.1 billion plus contingency payments linked to resource certification and FID on the recent Dorado discovery. The price paid is a slight premium to our valuation of Quadrant Energy's production portfolio, but the Dorado discovery offers material value upside on the deal.

• News Release

  India to overtake China as world's largest oil demand growth centre by 2024

  • 03 9月 2018

  India's oil demand is expected to grow by 3.5 million barrels per day (b/d) from 2017 to 2035, accounting for one-third of global oil demand growth. India's demand is driven by rising income levels, an expanding middle class and a growing need for mobility.

• News Release

  Permian producers hedge their bets against pipeline delays

  • 11 9月 2018

  Permian producers increased their 2020 oil-basis hedge positions by 431% during Q2. Such a sharp rise suggests producers perceive a higher risk that key pipeline projects fail to start up by 2019 target dates, according Wood Mackenzie's latest analysis of oil and gas activity.

• Comment

  Transocean’s $2.7bn Ocean Rig deal ‘a winner’

  • 03 9月 2018

  Rig provider Transocean is set to merge with Ocean Rig in a $2.7 billion deal, a move Wood Mackenzie says is a winning one for the rig market.

• Comment

  China's retaliatory tariff on US LNG

  • 19 9月 2018

  In the 12 months up until June 2018, China was the second largest buyer of US LNG, accounting for approximately 3 mmtpa of US LNG, with Shell being the largest seller. However as the US-China trade dispute escalated, Chinese buyers have gradually reduced purchases of US LNG.