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Australia's next wave of LNG projects needs to compete to progress

28 May 2019

According to research by Wood Mackenzie, a second wave of LNG investments is building, both in Australia and globally, and these projects need to compete to progress

News Release

Global BOPET film market to grow almost 6% p.a. by 2023

15 May 2019

The global BOPET film market has seen demand grow by 6.7% p.a. over the last 5 years and now sits at just over 5 million tonnes, according to new research from Wood Mackenzie Chemicals.

News Release

LNG primed for US$200bn capex boom

25 April 2019

The liquefied natural gas (LNG) boom is back. Over the next two years, almost 90 million tonnes per annum (mmtpa) of LNG is expected to take final investment decision (FID) and start construction. New research from Wood Mackenzie show that capital expenditure - for both LNG plant and upstream infrastructure - will total more than US$200 billion between 2019 and 2025. This will provide a major boost to engineering, procurement and construction (EPC) contractors and other providers along the supply chain.

News Release

Global storage market to grow from 12 GWh to 158 GWh by 2024

09 April 2019

The global energy storage market will expand 13-fold by 2024, according to new research from Wood Mackenzie Power & Renewables.

News Release

EU PET bottle collection target unlikely to be met

27 March 2019

The European Union's (EU) proposal to introduce a 90% collection target for PET beverage bottles by 2029 is unlikely to be met without significant investment in infrastructure and waste management collection, according to Wood Mackenzie Chemicals.

News Release

AFPM 2019: Over $200 billion to be invested in U.S. petrochemicals industry

26 March 2019

The U.S. petrochemicals industry is experiencing an investment renaissance, Steve Zinger, Wood Mackenzie Chemicals Senior Vice President, said during his appearance at AFPM's 2019 International Petrochemical Conference.

News Release

Amazon’s packaging transition boost for U.S. flexible plastics industry

12 March 2019

Amazon’s decision to move towards lightweight flexible plastic mailers over its traditional cardboard boxes will likely set a trend for the rest of the industry, according to Wood Mackenzie Chemicals’ recent ‘Q1 2019 Flexible Packaging Global Market Overview’.

News Release

More than 61GW of US wind turbine equipment has qualified for production tax credits since 2016

12 February 2019

Developers in the US purchased sufficient equipment to qualify 6.6GW of new wind power capacity in 2018 for 60% production tax credits (PTC) under the Internal Revenue Service’s (IRS) safe harbor provision law, according to recent analysis carried out by Wood Mackenzie Power & Renewables. Accordi...

News Release

Exploration’s back in the black

04 February 2019

After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.

News Release

Global offshore wind capacity will increase nearly sixfold over the next decade

28 January 2019

By the end of 2017, offshore wind had only been deployed commercially across seven markets, with UK and Germany accounting for 68 percent of the grid-connected capacity. However, according to a recent report from Wood Mackenzie Power and Renewables, global offshore wind power demand will increase...

News Release

More than 680GW of new wind power to come online over next decade

11 December 2018

More than 680GW of new wind power capacity will come online globally over the 10-year outlook, according to new research by Wood Mackenzie Power & Renewables. Wood Mackenzie recently upgraded its Global Wind Power Market Outlook Update: Q4 2018 by 2% compared to the outlook published in the third...

News Release

New technology investments to boost growing global wind market

06 December 2018

Wind turbines are set to become even bigger and better in an effort to maintain consistent downward trends of Levelized Cost of Electricity (LCOE), according to new research by Wood Mackenzie Power & Renewables. “Rapid technology developments have been a large driver of elevating wind to a compet...

News Release

European energy storage markets heating up with total deployments nearing global highs

20 November 2018

According to a new report from Wood Mackenzie Power & Renewables, an increasing number of major utilities have made strategic plays by investing in a relatively new European energy storage market over the past two years

News Release

How digitalisation transformed the US Lower 48

12 November 2018

Upstream oil and gas companies are accelerating the implementation of big data applications and digital technologies to help transform their businesses. But how close is industry to achieving this? Where does the US Lower 48 stand in this transformation? A new study drills down into digitalisation in the upstream sector and identifies the technologies and applications being employed today and evaluates their potential impact.

News Release

Years of growth ahead for Eastern European onshore wind

23 October 2018

Onshore wind energy in Eastern Europe, Russia and the Caspian will experience a compound annual growth rate of 9% from 2018 to 2027, according to new research by Wood Mackenzie Power & Renewables.

News Release

Chinese wind asset owners keep their grip on global top 25

19 October 2018

Chinese operators remain the leaders of the global wind asset market, according to new research from Wood Mackenzie Power & Renewables.

News Release

Is the end of the global energy transition closer than we think?

17 October 2018

Is the Global Energy Transition on track? A new report by Wood Mackenzie, Thinking global energy transitions: the what, if, how and when, explores the forces shaping the energy transition, and pinpoints the sustainability tipping point – when the world shifts from the age of oil and gas to the age of power and renewables – will arrive by 2035.

News Release

West Europe PET bottle recovery grows, but challenges for RPET supply chain remain

01 October 2018

The total volume of PET bottles collected in West Europe during 2017 was near 2 Mt, compared to an estimated 3.2 Mt of bottles placed in the market, according to Wood Mackenzie Chemicals' latest report on the RPET market in West Europe.

News Release

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

03 September 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

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

21 August 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.

News Release

Inaugural Wood Mackenzie Prize awarded to Houston-based EY employee

10 August 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

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

18 July 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

Rise in new players in Southeast Asia's upstream sector

28 June 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.

News Release

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.

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

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.

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.

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.

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

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Search results: 927

Australia's next wave of LNG projects needs to compete to progress

Global BOPET film market to grow almost 6% p.a. by 2023

LNG primed for US$200bn capex boom

Global storage market to grow from 12 GWh to 158 GWh by 2024

EU PET bottle collection target unlikely to be met

AFPM 2019: Over $200 billion to be invested in U.S. petrochemicals industry

Amazon’s packaging transition boost for U.S. flexible plastics industry

More than 61GW of US wind turbine equipment has qualified for production tax credits since 2016

Exploration’s back in the black

Global offshore wind capacity will increase nearly sixfold over the next decade

More than 680GW of new wind power to come online over next decade

New technology investments to boost growing global wind market

European energy storage markets heating up with total deployments nearing global highs

How digitalisation transformed the US Lower 48

Years of growth ahead for Eastern European onshore wind

Chinese wind asset owners keep their grip on global top 25

Is the end of the global energy transition closer than we think?

West Europe PET bottle recovery grows, but challenges for RPET supply chain remain

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

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

Inaugural Wood Mackenzie Prize awarded to Houston-based EY employee

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

Rise in new players in Southeast Asia's upstream sector

China's LNG trucking capacity to double in medium term

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

UK taxation in isolation will not increase plastics collection rates

Wood Mackenzie joins Stonewall’s Diversity Champions programme

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

When will the market face peak demand?

Shale sector to be cash flow positive by 2020

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