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Shell’s Nigeria sale offers value, but bidders need to do their homework
- 12 August 2021
Shell has started a process to divest all of its operated joint venture licences held by the Shell Petroleum Development Company (SPDC) in Nigeria. This includes a 30% interest in 19 Oil Mining Leases (OMLs). Gail Anderson, Research Director with Wood Mackenzie’s Sub-Sahara Africa upstream team, said: “There is considerable value upside across the joint venture assets, which bidders will need to carefully evaluate and quantify.”
News Release
Steel sector emissions must fall 75% under 2°C scenario
- 10 August 2021
Carbon emissions in the steel sector must fall by 75% from today’s levels to limit global warming to within 2 degree Celsius (°C), says Wood Mackenzie.
News Release
Solar energy to boost demand for base metals
- 09 August 2021
According to a new report from Wood Mackenzie, a Verisk business (Nasdaq:VRSK), solar power will have a significant impact on demand for aluminium, copper, and zinc, with the usage of all three metals in the sector set to double by 2040.
Comment
Bumpy road ahead as SEA navigates energy transition but opportunities aplenty
- 04 August 2021
Wood Mackenzie is organising the 2021 Southeast Asia Energy Forum today. Experts will be discussing key issues and opportunities facing the region’s energy industry over the coming decades.
Comment
Oil Search and Santos on a revised merger proposal
- 02 August 2021
Oil Search and Santos have reached agreement on the merger ratio under the proposed merger.
12850 related products from the Store that match
- Asset Report
  Aphrodite
  - 03 February 2026
  Chevron operates the giant undeveloped Aphrodite gas field in the ultra-deep waters of Cyprus' East Mediterranean sector. The deposit was discovered in 2012 on Block 12, by the first exploration well drilled offshore Cyprus. It is located about 160 kilometres south of the Cypriot mainland.A final appraisal well was completed in 2023. Its success was a crucial milestone to derisk a future…
- Insight
  Key characteristics of European power - and why they matter
  - 27 January 2026
  This Insight is showcasing five charts that had the biggest impact when presented to EMEA clients in 2025. The graphics highlight key power and renewables trends prevailing throughout European markets. These themes are generally related to challenges arising from power mixes that are increasingly comprised of renewable power generation. 1) Many major European markets have made major progress in…
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Comment
China’s CATL launches sodium-ion battery
- 29 July 2021
China’s CATL unveiled its newly-developed sodium-ion battery at a launch event today.
Comment
Slower H2 demand across most commodities in China
- 28 July 2021
Demand across most commodities in China is expected to slow down in the second half of 2021, according to Wood Mackenzie’s new monthly China Economic Focus report.
Comment
Japan’s new 2030 energy mix unveils radical plans to transform the energy system
- 27 July 2021
Last week, Japan’s Ministry of Economy, Trade and Industry (METI) released a draft of its upcoming 6th Strategic Energy Plan which included major changes to the FY2030 power generation mix targets.
News Release
Decarbonising plastic value chains remains Herculean task
- 26 July 2021
Despite the ‘war on plastics’, demand over the coming decades will be robust, underpinned by the growing global middle-class and the material requirements of the energy transition.
News Release
EU’s ‘Fit for 55’ lays out bloc’s green blueprint
- 14 July 2021
Europe is at the forefront of the shift to net zero, both in ambition, but also in terms of how to make rapid and deep decarbonisation a reality. The world needs to reduce carbon dioxide (CO2) emissions as quickly as possible. Not doing so means we will need to turn to expensive and unproven technologies to withdraw CO2 from the atmosphere later this century.
Comment
What would an EU carbon border adjustment mechanism mean?
- 14 July 2021
The EU Commission proposed a carbon border adjustment mechanism (CBAM) as part of today’s “Fit for 55” package. James Whiteside, global head of multi-commodity research at Wood Mackenzie, said: “As the first mechanism of its kind, the CBAM is being designed in consultation with industry to avoid unintended consequences. “A CBAM that does not cover a substantial portion of the production chain will encourage carbon leakage - pushing emissions beyond the borders of the EU or shifting competition between EU and non-EU producers to the next stage of the value chain.”
News Release
New global wind power life cycle emissions to reach 55 Mt CO2 from 2020-2050
- 08 July 2021
According to Wood Mackenzie, a Verisk business (Nasdaq:VRSK), global wind power life cycle emissions will reach 55 million tonnes of carbon dioxide equivalent (Mt CO2) from 2020 to 2050, a result of wind power capacity expanding five-fold to 3.7 terawatts from 2020 to 2050. This is roughly equivalent to four times the US’s total power capacity in 2020.
Comment
Supply outlook tightens as OPEC+ prepares to meet
- 01 July 2021
As OPEC+ meets on 1 July, oil prices are supported by tightening oil market fundamentals for the second half of 2021. Global natural resources consultancy Wood Mackenzie forecasts total oil demand to rise 5.9 million barrels per day (b/d) year-on-year for 2021.
News Release
Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030
- 22 June 2021
Asia Pacific renewables (wind and solar) generation investments could double to US$1.3 trillion over the current decade to 2030 compared to the previous decade (2011 – 2020), says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).
News Release
Wood Mackenzie launches first-of-its-kind refinery intelligence tool
- 21 June 2021
Wood Mackenzie is now offering Refinery I/O, a new tool providing daily refinery analytics from proprietary data sets.
News Release
Wood Mackenzie expands energy transition expertise with acquisition of Roskill
- 18 June 2021
Wood Mackenzie is pleased to announce its acquisition of Roskill, a privately-owned company and leader in metals and materials supply chain intelligence.
News Release
Producing green LNG is key for Australia to remain competitive
- 17 June 2021
Australian producers need to be at the forefront of green LNG to remain competitive, says Wood Mackenzie.
News Release
Australia’s low-carbon hydrogen trade could be worth up to US$90 billion in 2050
- 17 June 2021
Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie.
News Release
Packaging redesign could reduce global plastic demand by 20% by 2050
- 10 June 2021
Plastic packaging redesign, which includes elimination, substitution and reuse approaches, could reduce global plastic packaging demand in 2050 from 190MT to 150MT, according to a new analysis from Wood Mackenzie’s Cross-Polymer Demand Model.
Comment
NEA Gas Forum - the future of gas is Asia and the prize is large
- 09 June 2021
Wood Mackenzie experts discussed key drivers of Asia Pacific gas markets at the Northeast Asia Gas Forum today.
News Release
Europe emerges as global LNG price-setter
- 27 May 2021
Global liquefied natural gas (LNG) markets were set to tighten over the next five years, driven by a slowdown in global LNG supply growth. But Europe’s market dynamics are turbo-charging the price recovery, with TTF currently trading close to US$9 per million British thermal units (/mmbtu), a level not seen since mid-2018. Following the recent winter spot price spike in Asia, the European market has been sustaining global LNG prices, making the region a battleground for global LNG price formation, new research from global natural resources consultancy Wood Mackenzie found.
News Release
Wood Mackenzie boosts its energy transition data analytics by adding Vestas as a Lens Power® Development Partner
- 12 May 2021
Lens® decision intelligence platform pinpoints strategic investment opportunities in utility-scale renewable generation
Comment
Colonial Pipeline cyberattack may benefit European refiners
- 10 May 2021
The 2.5 million barrels per day (b/d) Colonial Pipeline moves roughly 45% of the US East Coast's supply of gasoline, diesel, and jet fuel from the Gulf Coast. The duration of the outage following the cyberattack on 7 May 2021 is uncertain. In the short term, Wood Mackenzie expects fuel demand and prices to rise in PADD 1, prompting refined fuel inventories to decline and PADD 1 refiners to maximize production.
Comment
China announces 'indefinite suspension of activities' under Strategic Economic Dialogue with Australia
- 06 May 2021
China’s state planner the National Development and Reform Commission (NDRC) announced today an “indefinite suspension of all activities under China-Australia Strategic Economic Dialogue”. Wood Mackenzie experts weigh in on the event.
News Release
Wood Mackenzie appoints Ben Hertz-Shargel as Global Head of Grid Edge
- 05 May 2021
Wood Mackenzie, a leading provider of commercial intelligence for the world's natural resources sector, has appointed Ben Hertz-Shargel to the role of Global Head of Grid Edge
News Release
OPEC+ maintains production plan
- 27 April 2021
OPEC+ is, as expected, holding firm to its decision to increase supply, gradually and carefully, over the coming months.
News Release
UK accelerates plan to cut carbon emissions
- 20 April 2021
Today's announcement outlining the UK's plan to set a legally binding 78% greenhouse gas emissions reduction target (on 1990 levels) through its Sixth Carbon Budget is another significant milestone on the road to its goal of net-zero emissions by 2050.
News Release
Americas to lead global energy storage market by 2025
- 20 April 2021
According to new research from Wood Mackenzie, the Americas region will overtake Asia Pacific by 2025 to lead the global storage market, with a total capacity of 371 GWh in 2030. Most of this growth will come from the US.
News Release
Will higher oil prices spell trouble for upstream discipline?
- 19 April 2021
In its rebound from the 2020 downturn, Brent flirted with US$70 per barrel. Higher prices in 2021 mean higher cash flow for producers, perhaps even record-setting highs. Have the good times returned? Global natural resources consultancy Wood Mackenzie believes operators need to be cautious.
News Release
Carbon neutrality goal forces Chinese aluminium smelters away from captive coal power
- 19 April 2021
China’s march towards carbon neutrality is forcing its aluminium smelters away from using captive coal-fired power, says Wood Mackenzie.

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Search results: 5290

Shell’s Nigeria sale offers value, but bidders need to do their homework

Steel sector emissions must fall 75% under 2°C scenario

Solar energy to boost demand for base metals

Bumpy road ahead as SEA navigates energy transition but opportunities aplenty

Oil Search and Santos on a revised merger proposal

12850 related products from the Store that match

Aphrodite

Key characteristics of European power - and why they matter

China’s CATL launches sodium-ion battery

Slower H2 demand across most commodities in China

Japan’s new 2030 energy mix unveils radical plans to transform the energy system

Decarbonising plastic value chains remains Herculean task

EU’s ‘Fit for 55’ lays out bloc’s green blueprint

What would an EU carbon border adjustment mechanism mean?

New global wind power life cycle emissions to reach 55 Mt CO2 from 2020-2050

Supply outlook tightens as OPEC+ prepares to meet

Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030

Wood Mackenzie launches first-of-its-kind refinery intelligence tool

Wood Mackenzie expands energy transition expertise with acquisition of Roskill

Producing green LNG is key for Australia to remain competitive

Australia’s low-carbon hydrogen trade could be worth up to US$90 billion in 2050

Packaging redesign could reduce global plastic demand by 20% by 2050

NEA Gas Forum - the future of gas is Asia and the prize is large

Europe emerges as global LNG price-setter

Wood Mackenzie boosts its energy transition data analytics by adding Vestas as a Lens Power® Development Partner

Colonial Pipeline cyberattack may benefit European refiners

China announces 'indefinite suspension of activities' under Strategic Economic Dialogue with Australia

Wood Mackenzie appoints Ben Hertz-Shargel as Global Head of Grid Edge

OPEC+ maintains production plan

UK accelerates plan to cut carbon emissions

Americas to lead global energy storage market by 2025

Will higher oil prices spell trouble for upstream discipline?

Carbon neutrality goal forces Chinese aluminium smelters away from captive coal power

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