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The share of the US vehicle market taken by EVs has fallen sharply this year, underlining the challenges the industry faces. Support from the federal government will be essential for the electrification of road transport to make real progress.
Polyolefins dominate global plastics production, and offer useful insights into the overall health of the petrochemicals industry. So what are the drivers of demand? How has coronavirus altered the picture? And what really sets polyolefins apart in a chemicals portfolio?
Treasury guidance on tax credits for low-carbon hydrogen has divided the industry. Clarity over the rules would benefit the whole sector.
To analyse the changes currently underway in the PPA sector, we are joined by Luca Pedretti from PexaPark. PexaPark use unique data sets to offer pricing across multiple European markets.
The complexities of construction and operation mean that hopes of low-cost nuclear power have often been disappointed. The industry now has a chance to break that cycle
2022 could see rising carbon prices, greater distributed solar capacity, tighter supply chains for renewable energy and a double-digit market share for EVs.
Upstream investment in Africa has been slower to recover from the pandemic compared to more agile regions with lower costs. Moving forward, we expect investments of around US$40 billion annually, or 8% of global capex, to be the new normal.
After a difficult few years, the global offshore upstream supply chain saw continued signs of recovery in 2018. Could 2019 mark a tipping point?
The decision to cancel the first small modular reactor planned in the US is a blow to hopes of a new source of dispatchable low-carbon power.
The two contenders for the US presidency have fundamentally different views on energy, but have been seeking to win over swing voters
There’s no doubt the global LNG market needs China; it’s that simple. With some 165 million tons per annum (Mtpa) of new supply expected to take final investment decision between 2018 and 2021 and US$240 billion of investment required to bring this online, much attention is focused on how much China can consume.
US product exports to Europe advantaged as Middle East/West Coast India exports are challenged by Red Sea disruption
How the games could remake transport, power and clean air in the car capital of America
The US government is starting to buy crude and facing calls for it to manage the oil market, as demand continues to weaken. In this week's Energy Pulse by Ed Crooks.
The past year has undoubtedly been the most dramatic in the history of the global LNG industry. Demand buffeted by lockdowns and recession, liquefaction shut-in, pre-FID supply projects delayed and spot LNG prices crashing to all-time lows before going into orbit.
Thermal coal prices have been hitting record highs in recent months, driven by the same forces that have stoked many other commodity markets this year
Wood Mackenzie's APAC team looks at predictions for 2023
£16 billion will be spent on offshore decommissioning in the coming decade – how can costs be planned and managed effectively?
Reports of “the death of OPEC” have proved greatly exaggerated, as the cartel and its allies have shown their continuing relevance this year
We expect renewables to remain competitive, and while protectionism will rise, a full repeal of Inflation Reduction Act (IRA) is unlikely
Western OEMs reduce the pace of NPI and focus on product standardisation while Chinese peers continue the frenetic pace of new turbine introduction
In the recent Horizons Live session, our panel discussed what it would take to diversify copper supply from China – and why de-risking supply chains may be more about compromise than a complete decoupling.
Kevin McCarthy’s dismissal as Speaker of the House of Representatives could presage instability in US energy policy.
Moving to net zero emissions would transform the allocation of resource wealth around the world. Policymakers are starting to assess the potential economic impact.
The decision provoked some anger in the US. But the actual production cut is smaller than the headlines imply, and is coming as global demand for oil is faltering.
Weather conditions will affect solar, wind and hydro power, gas demand and shipping.
The US Congress has been debating two bills with big implications for energy. The first, the Infrastructure Investment and Jobs Act, has finally been passed by both House and Senate, and will be signed into law by President Biden.
The Biden administration this week issued an order suspending further work on oil leases in the Arctic National Wildlife Refuge in Alaska, pending a new environmental review. The order follows through on a commitment that President Joe Biden made on his first day in office. Drilling in ANWR has always been highly controversial, and the lease sale in January attracted only limited interest.
Carbon capture is facing political and commercial headwinds, but it remains one of the few viable decarbonisation options for hard to abate industries
As energy security moves up the agenda, the Middle East conflict is giving new momentum to low-carbon hydrogen despite ongoing economic challenges
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