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Chinese shale gas production to almost double in two years

17 April 2018

Shale gas in China has seen significant progress over the last decade, growing to nearly 600 wells and 9 bcm of production last year. In its latest analysis, Wood Mackenzie projects Chinese shale gas production to almost double to 17 bcm in 2020.

News Release

Will a shifting global market embrace US crude?

05 March 2018

A new study by Wood Mackenzie, examines this shift in the oil market, and assesses the challenges and opportunities facing the market and US producers and midstream operators.

News Release

Offshore decommissioning in Asia Pacific could cost US$100 billion

01 February 2018

According to Wood Mackenzie's latest analysis, decommissioning Asia Pacific's offshore assets – nearly 2,600 platforms and 35,000 wells – could cost over US$100 billion.

News Release

New dual-credit scheme can elevate Chinese electric vehicles industry

19 January 2018

Under heavy subsidies from the government, China's electric vehicles (EV) market has grown exponentially to overtake the United States as the world's largest EV market. However with subsidies fading out in two years' time, the Chinese government and EV manufacturers are pressed for time to sustain the growth momentum in EVs. Wood Mackenzie's latest research reveals that China's proposed dual-credit scheme can reshape the EV market for a more sustainable development beyond the abolishment of subsidies in 2020. The EV penetration rate is projected to hit 17% in 2035 as a result.

Comment

China's waste plastic ban could pave way for South East Asia's dominance

04 December 2017

The sub region of South East Asia could potentially become a world leader in importing plastic waste, according to PCI Wood Mackenzie's 'RPET China Study – China Waste Import Ban 2017'.

Comment

Can LNG save China from winter gas shortage?

22 November 2017

China's introduction of the '2+26' cities policy earlier this year calls for restricted use of coal for both residential heating and industrial purposes. This has significant ramifications for the Chinese winter season where demand is traditionally high. As an alternative to coal, gas demand could rise by 23 bcm this year compared to previous winters. Facing the most severe shortages is northern China, particularly Beijing, Tianjin and Hebei (abbreviated as BTH), where demand is highly seasonal. This region will make up half or 10 bcm of the incremental winter gas demand in 2017.

Comment

India's GST - A boon for oil markets?

16 November 2017

The introduction of India's Goods and Services Tax (GST) has lifted oil demand in the country this year. Crude oil, natural gas, diesel and gasoline are currently exempt from the GST. However, diesel and gasoline demand are indirectly affected by the impact of GST on vehicle prices and sales, especially in the logistics sector.

Comment

Will Trump's Beijing trip win some LNG deals for the US?

08 November 2017

The Trump administration has been championing US energy exports as its preferred instrument for narrowing its trade deficit in the wake of the US shale boom. A combination of rising export capacity in the US, LNG import demand growth in China, and political cheerleading has underpinned an uptick in LNG exports to China this year via third party, spot trades. Will Trump's trip to Beijing seal the deal for some major LNG deals?

Comment

US$500 billion worth of investments needed to meet burgeoning power demand

20 September 2017

In celebration of ASEAN's 50th anniversary, our APAC gas and power senior analyst, Edi Saputra, reflects on ASEAN's energy developments and what to look out for in the coming years

Comment

Cambodia's first oil development takes major step forward with signed agreement with KrisEnergy

07 September 2017

Singapore –listed E&P company KrisEnergy today signed fiscal and technical agreements with the Royal Government of Cambodia for the Block A Apsara oil development.

Comment

Shenhua and Guodian merger will create world's largest power utility company

06 September 2017

On Thursday 3 August China Shenhua and China Guodian Corporation submitted a merger proposal to the State Council. If approved the new company, National Energy Investment Corporation (NEIC), will become the world's largest power utility company (power capacity wise) ahead of EDF and Enel.

News Release

Return of Asian investment in US tight oil

08 May 2017

If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.

News Release

US$40 billion worth of opportunities in Asia-Pacific upstream M&A in 2017

18 January 2017

According to research by Wood Mackenzie, the APAC upstream sector holds considerable value as the majors divest mature and mid-life assets in the region.

News Release

Global top 10 solar PV inverter vendors account for 82% of market share

08 July 2022

Global top 10 solar photovoltaic (PV) inverter vendors shored up 82% of market share in 2021, increasing by 2 percentage points compared to 2020, says Wood Mackenzie.

News Release

China’s LNG imports to see unprecedented decline in 2022

19 July 2022

China’s LNG imports are set to fall over 14% year-on-year to 69 million tonnes (Mt) in 2022, the largest decline since it began LNG imports, says Wood Mackenzie.

News Release

CCUS planned capacity nearing 1 billion tonnes per annum

26 August 2022

US Inflation Reduction Act bill set to boost CCUS uptake but more is needed to meet net zero goals by 2050

News Release

High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition

16 February 2023

The energy transition will require oil and gas for decades to come, but the supply of lower-cost, lower-carbon “advantaged” barrels remain scarce, threatening emissions targets and causing upstream providers to pivot to new strategies, according to “Scraping the Barrel” a new Horizons analysis from Wood Mackenzie.

News Release

A supercharged China could turn up the heat on global commodities

23 March 2023

The Chinese economy is expected to grow by 5.5% but could grow by as much as 7% in 2023 as the country bounces back from three years of lock-down caused by the Covid pandemic according to a new report by Wood Mackenzie.

News Release

Nuclear needs to be cost competitive with alternative power generation to enable net zero

18 May 2023

Despite policy support and market growth, the biggest economic hurdle to the uptake of the latest nuclear and small modular reactors (SMRs) is cost, according to Wood Mackenzie report.

News Release

Global floating solar to top 6GW threshold by 2031

24 May 2023

The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies.

News Release

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

27 July 2023

Indonesia’s oil and gas sector must undergo a major overhaul in the way it operates if it is to realise the full potential of the country’s natural resources and support a successful energy transition, according to a new white paper by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

India needs radical transformation to reach net zero emissions by 2070

27 July 2023

How can India attain its net zero emissions goal by 2070, in line with global pledges to reach net zero emissions by mid-century? Wood Mackenzie analyses the scenario in its latest report ‘India energy transition pathways 2070’, concluding that the country must radically transform its energy landscape and prioritise renewable energy, electrification, hydrogen adoption, and carbon removal strategies.

News Release

APAC to invest US$3.3 trillion in power generation over next decade

04 October 2023

The Asia Pacific region is forecast to invest US$3.3 trillion in power generation over the next 10 years, with 49% earmarked for wind and solar, and 12% for energy storage, according to latest Wood Mackenzie analysis.

News Release

Steel decarbonisation to redefine supply chains by 2050

19 October 2023

The rise of electric-arc furnace technology, increased use of green feedstock and evolving carbon policies will reshape steel production and global trade patterns.

News Release

China Belt & Road Initiative brings in 128 GW installed power capacity in 10 years

20 November 2023

Chinese companies have made significant strides in the Belt & Road initiative's overseas power projects over the past decade. With an estimated investment value of around US$200 billion, over 300 projects have installed 128 GW of power, equivalent to 1.3 times Australia's installed capacity in 2022. However, challenges have emerged, leading to the cancellation or shelving of over 20% of projects to date.

News Release

China leads global renewables race with record-breaking 230 GW installations in 2023

28 November 2023

Currently on target to reach a record-breaking 230 gigawatts (GW) of wind and solar installations this year, China leads the global renewables market. This is more than double the number of US and Europe installations combined.

News Release

Offshore wind sector doubled down on tangible opportunities in 2023

31 January 2024

Despite supply chain headwinds and price pressures, the global offshore wind sector saw significant growth in its mature pipeline, as late-stage pipeline mergers & acquisitions, turbine orders, and project financial investment decisions (FIDs) saw record activity in 2023. This has boosted the sector’s momentum into 2024.

News Release

Power demand growth remains strong in Asia Pacific

31 January 2024

India, China and Southeast Asia will continue to be the three most important growth engines of power demand across the planet, says Alex Whitworth, Vice President, Head of Asia Pacific Power Research at Wood Mackenzie. With the Asia Pacific region seeing its share of global power demand surpass the 50% mark in 2023.

News Release

World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

02 May 2024

A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.

News Release

Record highs for global wind turbine order intake in 2023

18 March 2024

Global wind turbine order intake hit new highs in 2023 with 155 gigawatts (GW) procured for the year, an increase of 16 GW from 2022.

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Search results: 718

Chinese shale gas production to almost double in two years

Will a shifting global market embrace US crude?

Offshore decommissioning in Asia Pacific could cost US$100 billion

New dual-credit scheme can elevate Chinese electric vehicles industry

China's waste plastic ban could pave way for South East Asia's dominance

Can LNG save China from winter gas shortage?

India's GST - A boon for oil markets?

Will Trump's Beijing trip win some LNG deals for the US?

US$500 billion worth of investments needed to meet burgeoning power demand

Cambodia's first oil development takes major step forward with signed agreement with KrisEnergy

Shenhua and Guodian merger will create world's largest power utility company

Return of Asian investment in US tight oil

US$40 billion worth of opportunities in Asia-Pacific upstream M&A in 2017

Global top 10 solar PV inverter vendors account for 82% of market share

China’s LNG imports to see unprecedented decline in 2022

CCUS planned capacity nearing 1 billion tonnes per annum

High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition

A supercharged China could turn up the heat on global commodities

Nuclear needs to be cost competitive with alternative power generation to enable net zero

Global floating solar to top 6GW threshold by 2031

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

India needs radical transformation to reach net zero emissions by 2070

APAC to invest US$3.3 trillion in power generation over next decade

Steel decarbonisation to redefine supply chains by 2050

China Belt & Road Initiative brings in 128 GW installed power capacity in 10 years

China leads global renewables race with record-breaking 230 GW installations in 2023

Offshore wind sector doubled down on tangible opportunities in 2023

Power demand growth remains strong in Asia Pacific

World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

Record highs for global wind turbine order intake in 2023

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