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Spandex entering the big time as sales to hit 1 million tonnes by 2020

25 June 2019

As spandex closes in on sales of 1 million tonnes, industry structures will change to meet competition from China and the challenge of closed-loop recycling, according to recent Wood Mackenzie Chemicals research.

News Release

Malaysia offers significant gas opportunities

24 June 2019

According to research by natural resources consultancy Wood Mackenzie, Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia, primarily due to the need for additional gas supply.

Comment

PES refinery fire halts gasoline production

21 June 2019

A large fire at the Philadelphia Energy Solutions (PES) oil refinery in Philadelphia has halted gasoline production at the complex.

News Release

U.S. solar market sees best Q1 in history

18 June 2019

New findings from Wood Mackenzie Power & Renewables and SEIA's U.S. Solar Market Insight Report, Q2 2019

News Release

Mozambique LNG under starter’s orders

18 June 2019

US independent Anadarko Petroleum today formally sanctioned its Mozambican liquefied natural gas (LNG) project, Mozambique LNG. Anadarko is developing Mozambique’s first onshore LNG facility, initially consisting of two LNG trains with a total nameplate capacity of 12.88 million tonnes per annum (mmtpa). Feedgas comes from the Golfinho/Atum field, in Offshore Area 1.

News Release

Argentina LNG exports positioned to meet peak demand in Asia

13 June 2019

Rising natural gas production in Argentina, coupled with competitive global LNG transportation costs, is expected to position the country as an emerging source of gas supply to Asia during peak demand periods, according to new research from Wood Mackenzie.

Comment

Adani gets environmental approval for Carmichael project

13 June 2019

Adani gets environmental approval for Carmichael project

News Release

Total brings Culzean on stream, ahead of time and under budget

11 June 2019

French major Total today brought the high-pressure/high-temperature (HP/HT) Culzean field, in the UK central North Sea, on stream, ahead of schedule and under budget.

Comment

INEOS announces $2bn chemicals investment in Saudi Arabia

03 June 2019

INEOS is to spend $2bn building 3 chemicals plants in Saudi Arabia. Commenting on the news, Wood Mackenzie Chemicals Principal Analyst, Patrick Kirby, said:

News Release

Unplanned wind turbine repairs to cost industry $8 billion+ in 2019

03 June 2019

Global onshore wind O&M costs will reach nearly $15 billion in 2019. Of that number, 57% - or $8.5 billion – will be spent on unplanned repairs and correctives caused by component failures, according to new research by Wood Mackenzie Power & Renewables.

Comment

Delek in US$2bn swoop on Chevron’s North Sea assets

30 May 2019

Israel’s Delek Group confirmed today that it will buy US major Chevron’s North Sea assets in a US$2 billion deal.

News Release

Beetaloo could bring long-term gas supply to Australia's east coast market

29 May 2019

According to research by Wood Mackenzie, Australia's Beetaloo basin is the only new gas resource with sufficient scale to supply the east coast market in the long term.

News Release

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

Major policy changes in China to drive long-term solar installation growth

14 May 2019

The solar market in China could see long-term benefits from major government policy changes that move the country away from federal feed-in tariffs and embrace unsubsidised business models.

News Release

Asia Pacific's solar-plus-storage could see key developments in next five years

14 May 2019

In a recently published report, Wood Mackenzie projects solar-plus-storage prices or levelised cost of electricity (LCOE) for both utility-scale and distributed commercial & industrial (C&I) segments to decline considerably over the next five years.

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.

Comment

Oxy tables US$38bn rival bid for Anadarko

24 April 2019

Occidental Petroleum today put forward a rival bid to acquire Anadarko Petroleum for US$38 billion, surpassing Chevron's US$33 billion offer earlier this month.

Comment

Chrysaor snaps up ConocoPhillips' North Sea assets in US$2.7bn deal

18 April 2019

Chrysaor on 18 April 2019 agreed to buy ConocoPhillips’ North Sea assets in a US$2.7 billion deal. The purchase will make Chrysaor the top producer in the UK in 2019 and keep it among the UK's largest producers for the next few years.

Comment

Majors step up to bid on Argentina offshore acreage

17 April 2019

Argentina's first national offshore licensing round attracted the interest of the Majors, and resulted in winning bids totalling US$718.28 million.

Comment

Delek makes splash with US$965m deepwater Gulf of Mexico deal

12 April 2019

Delek Group has bought Shell's stake in the Caesar-Tonga field, in the deepwater Gulf of Mexico

Comment

BP to exit China shale gas

12 April 2019

In the same week that Shell agreed to explore for shale oil in China, BP is reported to be exiting its two Sichuan basin shale gas blocks.

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.

Comment

Aramco's $10bn bond underscores its vast global ambitions

01 April 2019

Saudi Aramco’s decision to issue a $10 billion bond underscores how serious the company is about transforming itself into an international powerhouse across the oil and gas value chain, from upstream to petrochemicals.

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

Macri reforms reshape Argentina's gas sector

28 February 2019

When President Mauricio Macri took power in Argentina in 2015, one of his flagship energy policy programmes was to “normalise” the country’s gas and power markets. Macri set in train moves to gradually reduce government intervention, restoring free market dynamics and pricing driven by competition. The progress the Macri administration has achieved in reshaping the gas market environment has remarkable, helped in no small part by the prolific shale gas resources of the Vaca Muerta.

Comment

Repsol-led consortium makes significant gas discovery in Indonesia

18 February 2019

Following the announcement by Indonesia's upstream regulator SKK Migas on a gas discovery in the country, Wood Mackenzie's research director Andrew Harwood provides a commentary.

Comment

Will the Vale Malaysia fire cause more iron ore supply disruption?

15 February 2019

Today, Friday 15th February 2019, Vale announced there was a fire affecting a conveyor belt system at its distribution centre in Malaysia. Vale anticipated that this would result in a 10 to 15 day halt in operations and noted that a planned 10 day shut down for maintenance was already scheduled for this period.

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Search results: 5319

Spandex entering the big time as sales to hit 1 million tonnes by 2020

Malaysia offers significant gas opportunities

PES refinery fire halts gasoline production

U.S. solar market sees best Q1 in history

Mozambique LNG under starter’s orders

Argentina LNG exports positioned to meet peak demand in Asia

Adani gets environmental approval for Carmichael project

Total brings Culzean on stream, ahead of time and under budget

INEOS announces $2bn chemicals investment in Saudi Arabia

Unplanned wind turbine repairs to cost industry $8 billion+ in 2019

Delek in US$2bn swoop on Chevron’s North Sea assets

Beetaloo could bring long-term gas supply to Australia's east coast market

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

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

Major policy changes in China to drive long-term solar installation growth

Asia Pacific's solar-plus-storage could see key developments in next five years

LNG primed for US$200bn capex boom

Oxy tables US$38bn rival bid for Anadarko

Chrysaor snaps up ConocoPhillips' North Sea assets in US$2.7bn deal

Majors step up to bid on Argentina offshore acreage

Delek makes splash with US$965m deepwater Gulf of Mexico deal

BP to exit China shale gas

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

Aramco's $10bn bond underscores its vast global ambitions

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

Macri reforms reshape Argentina's gas sector

Repsol-led consortium makes significant gas discovery in Indonesia

Will the Vale Malaysia fire cause more iron ore supply disruption?

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