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News Release
Can upstream cost savings stick?
- 15 December 2017
The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.
News Release
Upstream companies shift focus from ‘survive’ to ‘thrive’ in 2018
- 14 December 2017
2018 looks set to be a brighter year for upstream oil and gas companies
News Release
OPEC stays the course with production deal
- 01 December 2017
OPEC and non-OPEC producers agree to extend production curbs through 2018
News Release
US-China agreement connects the fastest-growing LNG supplier with the largest LNG growth market
- 12 May 2017
Chinese companies can now negotiate long-term contracts to source liquefied natural gas from US suppliers, the US Commerce Department said.
News Release
North America could play bigger role in future global bunker market
- 20 March 2017
Alan Gelder, Vice President of Refining, Chemicals & Oil Markets, believes that North America has the opportunity to take a much bigger role in the future global bunker market.
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- Asset Report
  Ikhil
  - 26 February 2026
  The Ikhil gas field is the first commercial natural gas development in the Mackenzie Delta region. The field is located 50 kilometres to the northwest of the town of Inuvik. It was discovered in 1986 by Inuvialuit Petroleum and began producing in 1999 after a six-inch underground pipeline was laid to transport gas from two wells to Inuvik. The field was developed primarily to provide power…
- Asset Report
  Mackenzie Valley Gas Pipeline
  - 26 February 2026
  The Mackenzie Valley Gas Pipeline project is owned by ExxonMobil (5.33%), Shell (11.2%), ConocoPhillips (16.0%), APG (33.3%), and the project operator Imperial Oil (34.17%). The pipeline would act as a gathering system to take the 6 tcf of natural gas from Niglintgak, Taglu and Parsons Lake to a compression facility near Inuvik. However, the recent developments in shale gas have made the Mackenzie…
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News Release
US gasoline demand poised to decline by over 1.7 million b/d by 2030
- 20 March 2017
Gas demand may be nearing a new peak due to stringent fuel efficiency standards and shifting demographics.
News Release
US solar market ready for rebound after tumultuous first half of 2022
- 08 September 2022
Inflation Reduction Act and tariff pause provide market optimism following Q2 slowdown
News Release
Global wind turbine order intake breaks record in Q2
- 12 September 2022
Strong activity in China pushed global wind turbine order intake to 43 gigawatts (GW) in quarter two of 2022, a new record, and up 36% from year-ago levels. This equates to an estimated $18.1 billion, according to new analysis from Wood Mackenzie.
News Release
Potential US refined oil product export ban would challenge already constrained global markets and refining systems
- 25 October 2022
A proposed US refined product export ban would save US consumers at the gasoline pump but pose significant challenges and costs to US and global refining systems, according to a recent analysis from Wood Mackenzie.
News Release
LNG exports drive expansion of North American natural gas market, adding 29 bcfd of production by 2033
- 17 November 2022
Driven by a surge in LNG exports, the North America natural gas market will support 29 billion cubic feet per day (bcfd) of production from 2022-2033, tripling its current market size, according to a new report from Wood Mackenzie.
News Release
Long-duration energy storage projects attract more than US $58 billion investment over last three years
- 07 December 2022
Long-duration storage energy (LDES) projects around the world have attracted more than US $58 billion in commitments made by governments and companies since 2019. If all these projects went forward, it would lead to the installation of 57 gigawatts (GW) of LDES – the equivalent of three times the global energy-storage capacity deployed in 2022, according to analysis from Wood Mackenzie.
News Release
Trade and supply chain barriers delay impact of historic clean energy law
- 13 December 2022
The U.S. added 4.6 gigawatts (GW) of new solar capacity in Q3 2022, a 17% decrease from the same quarter last year as trade barriers and ongoing supply chain constraints continue to slow America’s clean energy progress. These disruptions will cause a 23% decline in solar installations this year compared to 2021, according to the U.S. Solar Market Insight Q4 2022 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business.
News Release
Q3 U.S. grid-scale energy storage market sets new record
- 15 December 2022
The U.S. energy storage market grid-scale segment installed a record 4,733 megawatt-hours (MWh) in the third quarter of 2022, surpassing the previous quarterly high of 4,598 MWh in Q1 of 2021, according to a new report released today. On a single charge, this amount of battery storage could power over 150,000 U.S. homes for a day.
News Release
US climate bill to boost domestic annual renewables investment to nearly US$114 billion by 2031
- 19 January 2023
The Inflation Reduction Act (IRA), flagship legislation focused on accelerating decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. A rise from US$64 billion in 2022 to nearly US$114 billion is expected by 2031, according to Wood Mackenzie, a Verisk business (Nasdaq: VRSK).
News Release
US community solar growth slowed 16% in 2022; national market expected to double by 2027
- 15 February 2023
US community solar installed capacity declined 16% in 2022 compared to last year, primarily driven by interconnection delays hindering growth in key state markets such as Massachusetts, Maine, and Maryland. Industry-wide supply chain constraints also pushed project timelines into 2023, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).
News Release
Global hydrogen pipeline plummets in Q4, with only 1Mtpa of new projects announced
- 23 February 2023
The total global announced capacity for hydrogen projects reached 71.4 million tonnes per annum (Mtpa), but 2022 falls short of becoming a record year according to latest analysis from Wood Mackenzie.
News Release
US energy storage market continues to expand rapidly
- 15 March 2023
Across all segments of the industry, the U.S. energy storage market installed 4.8 gigawatts (GW) of capacity in 2022, nearly equal to the combined 2020 and 2021 installed capacity of 5 GW, becoming a record year for battery storage. This is according to ACP and Wood Mackenzie’s latest U.S. Energy Storage Monitor report released today.
News Release
California dwarfs all other VPP markets in North America
- 29 March 2023
California dwarfs all virtual power plant (VPP) markets in North America, housing 24% of projects in the region, according to Wood Mackenzie’s ‘North America VPP market: H1 2023’ report.
News Release
Global wind energy to top 1 TW threshold by the end of 2023
- 11 April 2023
The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie.
News Release
US$36.4B of grid modernization planned by investor-owned utilities
- 18 April 2023
In efforts to modernize distribution grids, 25 investor-owned utilities (IOU) have filed for $36.4 billion of investment.
News Release
China’s solar exports booming, up 64% in 2022 despite global trade tensions
- 23 May 2023
China’s solar exports grew 64% to US$52 billion in 2022 despite global trade tensions, according to latest analysis from Wood Mackenzie.
News Release
US grid-scale energy storage installations record second-straight quarterly decrease
- 14 June 2023
Across all segments of the industry, the U.S. energy storage market added 2,145 megawatt hours (MWh) in the first quarter of 2023, a 26% decrease from Q4 2022. The grid-scale segment installed 1,553 MWh in Q1 2023, recording the second-straight quarterly decline and falling 33% below first quarter 2022 installations, according to a new report released today.
News Release
Should gas resource holders target LNG exports or blue ammonia?
- 15 June 2023
The acceleration of the energy transition means gas resource holders increasingly face a choice: follow the established pathway and develop new LNG export facilities or pivot into developing blue ammonia.
News Release
EV charger installations in the US are poised to grow fourfold by 2027
- 28 June 2023
Wood Mackenzie estimates the number of charging ports in the US to reach close to 18 million by 2027, with most chargers in the residential category. However, the residential market share will slightly decline in that period as the public and commercial EV charging segments grow.
News Release
Canadian LNG has potential to meet growing Asian demand
- 10 July 2023
Speaking at the LNG2023 conference in Vancouver, Dulles Wang, Director, Americas Gas & LNG at Wood Mackenzie said that with the alignment of several market dynamics, Canada could be positioned to play a much bigger role in global LNG exports.
News Release
North American renewable natural gas market could expand tenfold by 2050 to reach 4 bcfd
- 17 July 2023
Driven by new government incentives for the transportation sector, renewable natural gas (RNG), or biomethane, saw tremendous growth in 2022, with 60 million cubic feet per day (mmcfd) of new production capacity added, according to a new report from Wood Mackenzie.
News Release
US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s
- 20 July 2023
Despite concerns about underinvestment in upstream, peak oil and gas demand can be met in the 2030s without a substantial increase to current annual asset development investment levels of US$500 billion in 2023 terms, according to a new Horizons report from Wood Mackenzie.
News Release
Top 10 solar PV inverter vendors account for 86% of global market share
- 14 August 2023
The top 10 global solar photovoltaic (PV) inverter vendors accounted for 86% of market share in 2022, increasing by 4% year-over-year since 2021, according to latest analysis by Wood Mackenzie, a global insight business for renewables, energy and natural resources.
News Release
U.S. grid-scale energy storage installations set new record in Q2 2023
- 25 September 2023
Across all segments of the industry, the U.S. energy storage market added 5,597 megawatt hours (MWh) in the second quarter of 2023, a new quarterly record. The grid-scale segment led the way with a record-breaking 5,109 MWh in Q2, beating the previous record in Q4 2021 by 5%, according to a new report released today.
News Release
US Department of Energy to invest US$7 billion into seven regional hydrogen hubs
- 17 October 2023
The announcement by the U.S. Department of Energy (DOE) to invest US$7 billion across seven Regional Clean Hydrogen Hubs (H2Hubs) signifies a significant step towards creating a low-carbon hydrogen economy, according to Wood Mackenzie.

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Search results: 1447

Can upstream cost savings stick?

Upstream companies shift focus from ‘survive’ to ‘thrive’ in 2018

OPEC stays the course with production deal

US-China agreement connects the fastest-growing LNG supplier with the largest LNG growth market

North America could play bigger role in future global bunker market

3358 related products from the Store that match

Ikhil

Mackenzie Valley Gas Pipeline

US gasoline demand poised to decline by over 1.7 million b/d by 2030

US solar market ready for rebound after tumultuous first half of 2022

Global wind turbine order intake breaks record in Q2

Potential US refined oil product export ban would challenge already constrained global markets and refining systems

LNG exports drive expansion of North American natural gas market, adding 29 bcfd of production by 2033

Long-duration energy storage projects attract more than US $58 billion investment over last three years

Trade and supply chain barriers delay impact of historic clean energy law

Q3 U.S. grid-scale energy storage market sets new record

US climate bill to boost domestic annual renewables investment to nearly US$114 billion by 2031

US community solar growth slowed 16% in 2022; national market expected to double by 2027

Global hydrogen pipeline plummets in Q4, with only 1Mtpa of new projects announced

US energy storage market continues to expand rapidly

California dwarfs all other VPP markets in North America

Global wind energy to top 1 TW threshold by the end of 2023

US$36.4B of grid modernization planned by investor-owned utilities

China’s solar exports booming, up 64% in 2022 despite global trade tensions

US grid-scale energy storage installations record second-straight quarterly decrease

Should gas resource holders target LNG exports or blue ammonia?

EV charger installations in the US are poised to grow fourfold by 2027

Canadian LNG has potential to meet growing Asian demand

North American renewable natural gas market could expand tenfold by 2050 to reach 4 bcfd

US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s

Top 10 solar PV inverter vendors account for 86% of global market share

U.S. grid-scale energy storage installations set new record in Q2 2023

US Department of Energy to invest US$7 billion into seven regional hydrogen hubs

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