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Cooling demand remained steady, but gas lost ground to coal and renewables as prices rose.
Global LNG supply is set to surge by 40% by 2030, raising a critical question: how much of the expected demand growth will actually materialise in Asia?
Despite short-term headwinds, sizeable long-term growth potential still represents a significant opportunity.
Rapid growth in these often-massive facilities is having a major impact on the evolving US and global tech and energy landscape
Chinese policy pivots and supply cuts mean developers will pay more to procure equipment from Q4 2025
Around 99% of China's total onshore hydrocarbon production is covered by Wood Mackenzie's upstream asset reports. The remaining is from several other basins, which we do not model due to limited production. We include some of those basins in this report.
Dolores has traditionally been an open pit silver-gold mine that uses conventional heap leaching to produce gold and silver dore. In 2015, Pan American Silver Corp. announced plans to expand the operation by adding a 5.6kt/d pulp agglomeration circuit to the process flow, improving silver and gold recoveries. In addition, a 1.5kt/d underground mine will be developed beneath the existing open pit…
Lower capture costs and enhanced decarbonisation incentives will be needed if carbon capture is to materially help decarbonise the global thermal power fleet
Exploring the drivers behind the electric T&D equipment shortage - and the path to restoring balance
There might be giants: how the region’s gas ambitions are reshaping the global race
Perhaps not full speed ahead, but CCUS continues to grow.
Watch to learn more about Petronas’s recent LNG deals, its contracting positions and how you can use Lens Gas & LNG to value its LNG assets.
How advanced analytics and real-time forecasting reveal the next phase of US grid transformation from Texas to California
Proposals to build a German LNG import terminal have gathered momentum. Does the country need its own supply of LNG?
We’ve identified a potential US$32 billion worth of assets that could change hands in the next few years. Many of these deals are long in the planning and reflect wider trends in the Australian and global upstream sectors. We’ve bucketed our pick of the deals into three key themes.
Demand pressures, overcapacity and budget cuts mean the refining industry should brace for a challenging few years ahead
Acquisition will extend Verisk’s expertise in commodities intelligence as part of its Wood Mackenzie business
Today there are only 15 commercial wind leases in the , and a number of them are held by the same group of companies
Economic growth, stability in energy prices, energy transition, dual-control targets and relations with the US, are the top five themes to watch out for in China’s energy outlook this year, says Wood Mackenzie.
Wind turbine prices are expected to increase by up to 10% over the next 12 to 18 months due to increases in commodity prices, logistics costs, and coronavirus-related challenges, according to new analysis from Wood Mackenzie, a Verisk business (Nasdaq:VRSK).
Global polyester production is expected to decline by more than half a million tonnes this year. For polyester’s key raw materials, paraxylene (PX) and PTA, the knock-on effects will hit global demand in the coming years.
After a decade of stellar growth, Wood Mackenzie forecasts that solar demand in the Asia-Pacific will decline for the first time this year. Compared to 2017, the region's solar demand will dip 18% to 59 GW in 2018 due to declining installations in China, India and Japan.
We have created an exclusive map displaying the location of global ethylene assets. Explore the locations of ethylene production facilities across the Americas, Europe, the Middle East, Africa, Russia and Asia Pacific.
The US renewable energy M&A boom accelerates with 11% of capacity changing hands in one year, but up to 93% of early-stage projects fail to reach operation, demanding new valuation frameworks to separate viable deals from inflated claims.
The European Majors’ energy transition strategies continue to accelerate, with increasingly ambitious (and competitive) carbon reduction targets and New Energy portfolios. Meanwhile, the transatlantic divide with the US Majors is becoming deeper, with little sign yet that the US oil majors will follow their European peers’ corporate transformations.
Key takeaways from the 2040 Climate Target, Net Zero Industry Act and Industrial Carbon Management Strategy
How US Gulf of Mexico companies have adjusted their budgets and production levels in response to the 2020 oil price crash
Our H1 2019 update finds that advanced metering infrastructure penetration is poised to rise significantly over the coming years in both developed and developing markets.
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.
The European power market will see its carbon intensity plummet as the region pursues ambitious climate-energy policies but flexibility is key to enable this change, according to Peter Osbaldstone, Research Director, Europe Power & Renewables at Wood Mackenzie.
The time is ripe for the world's major energy exporters to accelerate the energy transition, and mastering the hydrogen trade could make a difference, says Wood Mackenzie.
As 2019 draws to a close, we look at the trends that jolted the industry over the past year.
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