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Portugal's world record-breaking solar PV auction

12 August 2019

Portugal is now the country with the world’s lowest-cost solar PV contract. The lowest tariff awarded in the country’s first solar PV auction – held in July 2019 – was just €14.76/MWh, or US$16.54/MWh at today’s exchange rates. This narrowly beats the recent US$16.95/MWh contract awarded in Brazil.

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Aramco takes slice of Reliance’s refining and petchems businesses

11 August 2019

Saudi Aramco is to set to take a 20% stake in Reliance Industries' refining and petrochemical businesses.

News Release

Murphy Oil reaches FID in Gulf of Mexico deepwater

08 August 2019

Murphy Oil has reached a Final Investment Decision (FID) regarding the King's Quay facility, Khaleesi/Mormont and Samurai developments in deepwater Gulf of Mexico. Commenting, Mfon Usoro, Wood Mackenzie analyst said: “Murphy’s sanction of the trio of projects including the King’s Quay facility, K...

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Huntsman Corporation and Indorama Ventures strike $2billion chemical intermediates deal

08 August 2019

On 7th August 2019, Huntsman Corporation announced that it has entered into a definitive agreement to sell its chemical intermediates businesses to Indorama Ventures. The total deal is valued at $2.076 billion.

News Release

European residential storage market at economic tipping point

06 August 2019

The European residential storage market deployment base is expected to grow five-fold to 6.6 GWh by 2024, according to new research from Wood Mackenzie.

News Release

India leads with lowest renewable cost in Asia Pacific

29 July 2019

India has emerged as the market leader with the lowest renewable energy cost in Asia Pacific, new research from Wood Mackenzie found.

News Release

Top ten wind turbine OEMs to spend €2.3bn on R&D by 2023

23 July 2019

Research and development (R&D) expenses among the world's top ten wind turbine OEMs have more than doubled in the last four years, reaching €1.6bn in 2018. This figure is expected to increase to €2.3bn by 2023.

News Release

WoodMac and P2 Energy Solutions join forces to deliver data-driven insight to US energy sector

15 July 2019

Wood Mackenzie, the global natural resources research consultancy, announces today its partnership with P2 Energy Solutions to better analyse current and future well spacing.

News Release

Tsingshan Indonesia shakes up stainless steel markets in South East Asia

15 July 2019

Shockwaves from Tsingshan's new stainless steel hub in Indonesia are reverberating across South East Asia and beyond, according to Wood Mackenzie

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China’s textile production rises on fears of worsening trade tensions

15 July 2019

According to research by Wood Mackenzie, Chinese textile producers are increasing production as fears grow that the trade war with the US will hurt exports of apparel and other textile products as soon as the fourth quarter of 2019.

News Release

Dominican Republic launches first licensing round

10 July 2019

The Dominican Republic today launched its first licensing round, putting 14 blocks across its on- and offshore basins up for bid.

News Release

Achieving U.S. recycled plastics goals by 2030 could cost $3bn

10 July 2019

Up to $3 billion in additional capital investment would be required to achieve current U.S. recycled plastics content goals by 2030, according to new analysis by Wood Mackenzie Chemicals

Comment

CP Chem and Qatar Petroleum to build USGC petrochemical project

10 July 2019

Chevron Phillips Chemical (CP Chem) and Qatar Petroleum today announced that they have signed an agreement to jointly pursue the development of a new petrochemical complex on the US Gulf Coast.

News Release

China to become largest energy storage market in Asia Pacific by 2024

09 July 2019

China’s cumulative energy storage capacity is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) or 32.1GWh in 2024. This represents an increase in the installed base of 25 times.

News Release

Global wind power capacity to grow by 60% over next 5 years

08 July 2019

Global wind power capacity additions are expected to sit at an annual average of 71GW from 2019-2023 and 76GW from 2024-2028, according to new research from Wood Mackenzie Power & Renewables.

News Release

Mexico to lead Central America, Caribbean wind power growth

03 July 2019

More than 9.5 gigawatts (GW) of new wind power capacity will be commissioned in Central America and the Caribbean through 2028, driven by central planning authorities in smaller markets and the attractive value proposition of the technology in Mexico, new research from Wood Mackenzie found.

News Release

Mitsui and JOGMEC join Arctic LNG-2

01 July 2019

Arctic LNG-2 is a step closer to final investment decision (FID) with the entry of Japanese companies Mitsui and government-linked Japan Oil, Gas and Metals National Corporation (JOGMEC) into the project.

News Release

New European solar installations to double over next 3 years

26 June 2019

New solar installations within the European market will double in the next 3 years to reach a level of approximately 20GW/year. Total installed capacity in the region will surpass 250GW by 2024, according to new research from Wood Mackenzie Power & Renewables.

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Qatar Petroleum and Chevron Phillips Chemical plan new world-scale ethane cracker in Qatar

24 June 2019

Qatar Petroleum today announced the selection of Chevron Phillips Chemical Company as its partner for a new ethylene and derivatives complex, which will be constructed in Ras Laffan Industrial City, Qatar

Comment

Chevron Phillips Chemical in $15 billion bid to acquire Nova Chemicals

21 June 2019

Chevron Phillips (CPCHEM), a JV between Chevron and Phillips 66, has made a US$15 billion bid to acquire Nova Chemicals, owned by UAE-based Mubadala.

News Release

Top 5 turbine OEMs to rule two thirds of global market by 2020

19 June 2019

After a decade of fragmentation, the top 5 turbine OEMs have reached industry consolidation. Key global players are expected to surpass a combined market share of 68% by 2020, up from 47% 5 years ago, according to recent research from Wood Mackenzie Power & Renewables.

News Release

More investment needed in U.S. chemical recycling technology to achieve circular economy

06 June 2019

A recent push for more investment in chemical recycling in the U.S. would allow recycled material to return to the value chain at the same level from which it started. However, according to Wood Mackenzie Chemicals, there needs to be multi-pronged investment efforts to improve comprehensive collection, sorting and recycle process technology in order to achieve a truly circular economy.

News Release

South Africa demand surge made 2018 banner year for African wind turbine order intake

05 June 2019

2018 was a record-breaking year for wind turbine manufacturers in Africa. The South African government signed long-pending PPAs in April 2018, which helped independent power producers (IPPs) to announce final investment decisions (FID), according to new research from Wood Mackenzie Power & Renewables.

News Release

Puerto Rico microgrid market to more than double by end of 2024

03 June 2019

New research from Wood Mackenzie forecasts the microgrid market in Puerto Rico will reach 228 megawatts (MW) by the end of 2024, more than double the microgrid generation capacity currently available on the island.

News Release

2019 global wind turbine order intake off to record-breaking start

28 May 2019

Global wind turbine order intake increased 7% YoY in Q1 2019, eclipsing the previous record seen in Q1 2018 for capacity in the quarter by 875MW, according to new research from Wood Mackenzie Power & Renewables.

News Release

Saudi Aramco and Sempra Energy sign largest LNG deal for 6 years

22 May 2019

Sempra Energy and Saudi Aramco today announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement (HOA), which anticipates the negotiation and finalisation of a definitive 20-year sale-and-purchase agreement covering 5 million metric tons each year from the Port Arthur LNG export project under development.

News Release

Montney total production to increase by 16% in 2019

16 May 2019

Total production in Canada's Montney play will likely reach 10 billion cubic feet equivalent per day (bcfe/d) in 2019, an increase of 16% from 2018, according to new research from Wood Mackenzie.

Comment

Chevron exits bidding war for Anadarko

09 May 2019

Chevron Corporation today announced that it would not offer a counterproposal to Occidental Petroleum's rival bid to acquire Anadarko Petroleum.

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Energy Trading Leaders Summit 2025 - Thank You

05 July 2022

Wood Mackenzie at Energy Trading Leaders Summit 2025 Thank you for booking your meeting. In short our experts will get in contact with you. Return to event page and continue reading. Thank you for booking your meeting

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30 April 2025

Join Wood Mackenzie on Wednesday 30 April, for our Summer Outlook where our experts will discuss the primary risks facing the North America natural gas market this summer and host a Q&A to address your most relevant questions.

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Search results: 5333

Portugal's world record-breaking solar PV auction

Aramco takes slice of Reliance’s refining and petchems businesses

Murphy Oil reaches FID in Gulf of Mexico deepwater

Huntsman Corporation and Indorama Ventures strike $2billion chemical intermediates deal

European residential storage market at economic tipping point

India leads with lowest renewable cost in Asia Pacific

Top ten wind turbine OEMs to spend €2.3bn on R&D by 2023

WoodMac and P2 Energy Solutions join forces to deliver data-driven insight to US energy sector

Tsingshan Indonesia shakes up stainless steel markets in South East Asia

China’s textile production rises on fears of worsening trade tensions

Dominican Republic launches first licensing round

Achieving U.S. recycled plastics goals by 2030 could cost $3bn

CP Chem and Qatar Petroleum to build USGC petrochemical project

China to become largest energy storage market in Asia Pacific by 2024

Global wind power capacity to grow by 60% over next 5 years

Mexico to lead Central America, Caribbean wind power growth

Mitsui and JOGMEC join Arctic LNG-2

New European solar installations to double over next 3 years

Qatar Petroleum and Chevron Phillips Chemical plan new world-scale ethane cracker in Qatar

Chevron Phillips Chemical in $15 billion bid to acquire Nova Chemicals

Top 5 turbine OEMs to rule two thirds of global market by 2020

More investment needed in U.S. chemical recycling technology to achieve circular economy

South Africa demand surge made 2018 banner year for African wind turbine order intake

Puerto Rico microgrid market to more than double by end of 2024

2019 global wind turbine order intake off to record-breaking start

Saudi Aramco and Sempra Energy sign largest LNG deal for 6 years

Montney total production to increase by 16% in 2019

Chevron exits bidding war for Anadarko

Energy Trading Leaders Summit 2025 - Thank You

Webinar | North American Natural Gas Summer Outlook 2025

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