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News Release
China’s gas power plants bleed under pressure from lower tariffs and trade war
- 15 September 2020
China’s gas power plants are struggling to stay afloat as they face mounting pressure from lower tariffs and the ongoing trade war, says Wood Mackenzie.
News Release
Asia Pacific power generation could attract US$1.5 trillion investments this decade
- 08 September 2020
Wood Mackenzie’s latest report shows that the power generation sector in Asia Pacific could attract US$1.5 trillion worth of investments over the decade ending 2030.
News Release
Up to 7 mmtpa of spare capacity available at North West Shelf by 2027
- 07 September 2020
Wood Mackenzie’s latest report shows that the North West Shelf (NWS) LNG project could have up to 7 million tonnes per annum (mmpta) of spare capacity available by 2027. This equates to 40% of the project’s nominal capacity.
News Release
US energy storage market sets Q2 record for deployments
- 03 September 2020
According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest 'US Energy Storage Monitor' report, 168 MW were deployed in Q2 2020. This is an increase of 72% quarter-over-quarter, 117% year-over-year and is the second-highest quarterly total ever seen, falling just behind Q4 2019 (186.4 MW).
News Release
Global regas capacity under construction hits 10-year high at 144 mmtpa
- 02 September 2020
Global regasification (regas) capacity under construction is expected to hit a 10-year high at 144 million tonnes per annum (mmtpa) in 2020, says Wood Mackenzie.
12845 related products from the Store that match
- Asset Report
  Dorotea Area
  - 27 February 2026
  The Dorotea Area is located in Colombia's Llanos basin. The block produces from the Dorotea A, Dorotea B, and Dorotea E fields. In 2010, Sinopec acquired Hupecol's Llanos basin blocks, including the Dorotea Area, for US$281 million. Prior to Sinopec entering the Dorotea Area, Hupecol used two rigs for their drilling campaign. Wells are shallow, at roughly 1,800 metres, and take seven to ten days…
- Asset Report
  Fell Block
  - 27 February 2026
  The Fell Block is located in the Magallanes Basin, near the border with Argentina, and was GeoPark's primary asset in Chile. In 2002, GeoPark acquired a non-operating working interest in the block and in 2006 increased its ownership to 100%. GeoPark has invested heavily and increased production from the block. In recent years, the development focus has shifted to gas production as oil production…
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News Release
Green hydrogen costs to fall by up to 64% by 2040
- 25 August 2020
Green hydrogen costs will fall by up to 64% by 2040, according to new research from Wood Mackenzie.
Comment
Turkey nets largest-ever find with Tuna-1 gas discovery
- 21 August 2020
A gas discovery of the scale of the Tuna-1 find in the Black Sea, if developed, would be transformational for Turkey, given its overwhelming reliance on imports and crippling energy import bill. Turkey is chiefly reliant on piped gas from Russia, Azerbaijan and Iran but the share of liquefied natural gas imports has also continued to grow.
News Release
323 million electric vehicles will be on the roads by 2040
- 19 August 2020
Electric vehicle (EV) sales are expected to reach 45 million units per year by 2040, with a total global EV stock of 323 million, according to new research from Wood Mackenzie.
News Release
‘The materials transition’ could divert 382 million tonnes of plastic waste by 2040
- 18 August 2020
The plastics industry requires a paradigm shift towards an absolute decoupling of materials consumption from growth of the economy if it is to achieve sustainability targets, according to new research from Wood Mackenzie.
News Release
LFP to overtake NMC as dominant stationary storage chemistry by 2030
- 17 August 2020
Lithium-iron-phosphate (LFP) is poised to overtake lithium-manganese-cobalt-oxide (NMC) as the dominant stationary storage chemistry within the decade, growing from 10% of the market in 2015 to more than 30% in 2030, according to new analysis from Wood Mackenzie.
News Release
Renewable energy could reduce Asia Pacific LNG plant emissions by 8%
- 17 August 2020
Using renewable energy to power liquefied natural gas (LNG) plants in Asia Pacific could reduce emissions by about 8%, says Wood Mackenzie.
News Release
Record number of microgrids installed in US last year
- 22 July 2020
546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie.
News Release
China’s PTA producers look to futures to weather market volatility
- 16 July 2020
China’s purified terephthalic acid (PTA) producers have been using the futures market to price PTA in the spot market, hedge against risks and manage inventory. This has allowed many to stay profitable, despite market uncertainty and disruption brought by the coronavirus pandemic, says Wood Mackenzie.
Comment
'Perfect storm' scuttles Atlantic Coast Pipeline
- 06 July 2020
With the cancellation of the Atlantic Coast Pipeline (ACP) on 5 July, the project becomes the northeast US’ infrastructure market’s third high-profile victim in the last six months. Dominion and Duke Energy’s decision to pull the plug on ACP comes after the cancellation of the Constitution Pipeline in February and state water permit denial effectively scuppering the Northeast Supply Enhancement project in May.
News Release
Total named industry’s most-admired explorer in WoodMac survey
- 06 July 2020
French major Total has been named the upstream industry’s most-admired explorer, an accolade awarded in conjunction with Wood Mackenzie’s industry-leading annual Exploration Survey.
Comment
Shell's US$22bn write down 'signals fundamental change'
- 30 June 2020
Royal Dutch Shell said on 20 June it would write off assets worth up to $22 billion on the back of weakening oil and gas demand due to the coronavirus pandemic and a weaker energy price outlook.
News Release
Indonesia’s LNG demand continue to rise despite economic downturn
- 30 June 2020
Indonesia’s LNG demand is expected to be resilient against the coronavirus-led global economic downturn, says Wood Mackenzie. The country’s H2 2020 LNG demand could hit 3.1 million tonnes (Mt), a 1.2 Mt or 63% increase year-on-year.
News Release
Chesapeake Energy – shale’s great disruptor – files for Chapter 11
- 28 June 2020
Speaking after Chesapeake Energy filed for Chapter 11 bankruptcy protection on 28 June, Alex Beeker, principal analyst on Wood Mackenzie’s corporate upstream team, said: “It’s difficult to point to another company that has made more of a widespread impact on the US shale sector than Chesapeake.
News Release
Mexico, Central America and Caribbean power up with record wind capacity
- 18 June 2020
Mexico, Central America and the Caribbean saw a record 1,830 megawatts (MW) of new wind power capacity installed across the region in 2019 – a 126% year-on-year increase in additions, according to new research from Wood Mackenzie.
News Release
Gold industry must invest $37bn by 2025 to maintain 2019 production levels
- 17 June 2020
Prior to the coronavirus outbreak, peak gold supply was becoming a real possibility. Now, with exploration programmes paused or cancelled and project disruptions hampering production, the summit is in sight.
News Release
US solar market sets Q1 record but pandemic mutes Q2 outlook
- 11 June 2020
The U.S. solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter ever and 40% of all new electric generating capacity additions in the United States.
News Release
Coronavirus and the collapse in polyester – will paraxylene and PTA markets recover?
- 01 June 2020
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.
News Release
China’s Q2 2020 oil demand shows signs of recovery
- 26 May 2020
According to the latest analysis by Wood Mackenzie, China’s oil demand will recover to 13 million barrels per day (b/d) in Q2 2020, a 16.3% jump compared to Q1 this year.
News Release
NOCs to slash over a quarter of exploration budgets on average in 2020
- 20 May 2020
National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie.
News Release
Bangladesh to double its fossil fuel imports in a decade
- 14 May 2020
Bangladesh is expected to double its fossil fuel imports to 32 million tonnes of oil equivalent (Mtoe) between 2020 and 2030, says Wood Mackenzie.
Comment
Shell dividend cut frees up US$10bn
- 30 April 2020
Anglo-Dutch supermajor Shell today slashed its dividend by 66%, the first time the company has cut cash distributions to shareholders since World War II. The annual pay-out will fall from US$14.9 billion to US$5.1 billion, freeing up US$10 billion of capital.
News Release
Asia olefins face historical production losses due to regional lockdowns
- 29 April 2020
A new report from Wood Mackenzie shows that olefins production losses in Asia have reached historical highs as a result of regional lockdowns in the wake of the coronavirus outbreak.
Comment
Petrobras acts to protect gas value chain as Brazil demand slumps
- 24 April 2020
Petrobras’ handling of the crisis it faced as Brazilian gas demand slumped earlier this month offers valuable lessons to integrated players, Mauro Chavez, head of Latin America Gas & LNG at global natural resources consultancy Wood Mackenzie, says.
Comment
Arrow Energy sanctions Surat Gas Project
- 17 April 2020
Arrow Energy sanctions Surat Gas Project
News Release
Saudi Arabia’s May 2020 OSPs for crude exports bode well for Asian refiners
- 16 April 2020
Looking at the May OSPs, it is clear that Saudi Arabia wants to ensure its crude remains very competitive in Asia.

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Search results: 5288

China’s gas power plants bleed under pressure from lower tariffs and trade war

Asia Pacific power generation could attract US$1.5 trillion investments this decade

Up to 7 mmtpa of spare capacity available at North West Shelf by 2027

US energy storage market sets Q2 record for deployments

Global regas capacity under construction hits 10-year high at 144 mmtpa

12845 related products from the Store that match

Dorotea Area

Fell Block

Green hydrogen costs to fall by up to 64% by 2040

Turkey nets largest-ever find with Tuna-1 gas discovery

323 million electric vehicles will be on the roads by 2040

‘The materials transition’ could divert 382 million tonnes of plastic waste by 2040

LFP to overtake NMC as dominant stationary storage chemistry by 2030

Renewable energy could reduce Asia Pacific LNG plant emissions by 8%

Record number of microgrids installed in US last year

China’s PTA producers look to futures to weather market volatility

'Perfect storm' scuttles Atlantic Coast Pipeline

Total named industry’s most-admired explorer in WoodMac survey

Shell's US$22bn write down 'signals fundamental change'

Indonesia’s LNG demand continue to rise despite economic downturn

Chesapeake Energy – shale’s great disruptor – files for Chapter 11

Mexico, Central America and Caribbean power up with record wind capacity

Gold industry must invest $37bn by 2025 to maintain 2019 production levels

US solar market sets Q1 record but pandemic mutes Q2 outlook

Coronavirus and the collapse in polyester – will paraxylene and PTA markets recover?

China’s Q2 2020 oil demand shows signs of recovery

NOCs to slash over a quarter of exploration budgets on average in 2020

Bangladesh to double its fossil fuel imports in a decade

Shell dividend cut frees up US$10bn

Asia olefins face historical production losses due to regional lockdowns

Petrobras acts to protect gas value chain as Brazil demand slumps

Arrow Energy sanctions Surat Gas Project

Saudi Arabia’s May 2020 OSPs for crude exports bode well for Asian refiners

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