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News Release
China's mega crude-to-chemicals projects may deal knockout blow to regional PX exporters
- 21 August 2018
Higher base chemicals demand and feedstock security for heavy naphtha are driving the development of a new wave of mega-integrated refinery and chemical sites in China. Private Chinese chemical producers, including Hengli and Rong Sheng, are back-integrating their chemical plants with refineries by building mega-integrated facilities. Wood Mackenzie expects these projects to come on stream in the next 12 to 24 months.
News Release
Inaugural Wood Mackenzie Prize awarded to Houston-based EY employee
- 10 August 2018
This ADIT June exam session saw the inaugural award of the Wood Mackenzie Prize, which recognises the highest scoring pass in this year’s Upstream Oil and Gas exam, awarded to Gareth Charles Lewis, of Houston, Texas, USA, who is employed at EY.
Comment
Fresh wave of tariffs to hit US plastic pipes, hoses and tubes imports
- 09 August 2018
Commenting on the announcement that the US will impose a 25% tariff on $16 billion worth of Chinese goods, including chemicals, Ashish Chitalia, Wood Mackenzie Principal Analyst, said:
Comment
More oil discovered in Carnavon Petroleum's Dorado-1 well
- 08 August 2018
A sizeable discovery is significant for Quadrant, whose private equity backers are looking to exit, and Carnarvon, which is a pure-play explorer. A standalone oil discovery is easier to monetise than gas, as it does not require LNG contracts or gas infrastructure.
Comment
Market implications of Chinese tariffs on US LNG
- 03 August 2018
Today China announced retaliatory tariffs on $60 billion worth of American imports, in response to the Trump administration's latest trade threats. The list included a 25% tariff on LNG.
12846 related products from the Store that match
- Asset Report
  Storjo
  - 27 February 2026
  The Storjo project includes the development of the Storjo East, Storjo West and Kaneljo gas discoveries located in Norway’s Vøring basin. These discoveries are being considered for a joint subsea tieback development to the Skarv FPSO...
- Asset Report
  North Field South (LNG) - upstream
  - 27 February 2026
  For a comprehensive overview of the entire North Field/South Pars supergiant gas field, including upstream development, infrastructure and global LNG contracting strategies, review this report.The 16 mmtpa North Field South (NFS) LNG development is the second phase of Qatar's wider North Field Expansion project, which also includes North Field East (NFE) and North Field West (NFW). The expansion…
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Comment
BP buys BHP's L48 assets in 'transformative' $10.5bn deal
- 27 July 2018
BP has bought BHP Billiton's US Lower 48 assets in a $10.5 billion deal. Wood Mackenzie believes the deal will be transformative for BP.
Comment
US LNG deal 'could be significant for relationship with Europe'
- 27 July 2018
What does the EU's agreement to buy US LNG - announced after a meeting between European Commission president Jean-Claude Juncker and US President Donald Trump - mean for producers and consumers?
News Release
Poland tops growth league in Europe’s €14.1 billion flexible packaging market
- 18 July 2018
According to PCI Wood Mackenzie's latest review of the European marketplace, 'Flexible Packaging European Supply Demand Report', Poland continued to be the fastest growing major flexible packaging market in Europe in 2017, increasing by over 5% during the year.
Comment
ICE announces futures contract based on Permian crude to Houston
- 17 July 2018
The Intercontinental Exchange Inc., an operator of global exchanges and clearing houses for the financial and commodity markets in the U.S., announced plans to launch a new Permian West Texas Intermediate crude oil futures contract with physical delivery in Houston. The exchange, which is slated to launch Q3 2018 subject to regulatory review, will provide traders with direct access to Houston prices.
News Release
OPEC producers key to world supply through to 2040
- 16 July 2018
Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.
Comment
Energy storage market poised for a boom Down Under
- 06 July 2018
Looking at behind-the-meter, Australia was the biggest residential storage market in the world in 2017, with a tripling of residential storage deployments over the previous year. High retail electricity rates and diminishing or expiring feed-in tariffs have encouraged residential solar customers to choose storage for self-consumption benefits. As a result, over the past few years, Australia has been the preferred testbed for new residential energy storage products, as several technology vendors have first introduced their residential product portfolios in the country.
Comment
Chevron set to divest central UK North Sea assets
- 04 July 2018
Chevron has announced it is planning to sell its central UK North Sea assets, including Captain, Elgin/Franklin, Erksine and Jade, to focus on the West of Shetland province.
Comment
INEOS €2.7 billion chemicals investment good news for European olefins industry
- 03 July 2018
Commenting on the announcement that INEOS has approved a €2.7 billion capital project to build both a world scale ethane cracker and a PDH (Propane Dehydrogenation) unit in Northern Europe, Patrick Kirby, PCI Wood Mackenzie Principal Analyst, said:
News Release
Rise in new players in Southeast Asia's upstream sector
- 28 June 2018
Since the fall in oil prices in 2014, oil majors and international oil companies (IOCs) have accelerated a shift towards resource themes and regions offering higher returns, lower complexity and shorter timeframes, away from the more challenging regions such as Southeast Asia. To date, close to 800 million barrels of oil equivalent (boe) of the region's resources have left the hands of majors and IOCs.
News Release
New regulations to fast-track Brazil FPSO deployment and boost pre-salt oil production
- 20 June 2018
Brazil's new local content regulations could fast-track the deployment of FPSO units, speeding up the pace of pre-salt oil production by more than 21 billion barrels by the mid-2020s, a new report by Wood Mackenzie analysing the impact of new local content rules on production, royalty collection and job creation has found.
News Release
China's LNG trucking capacity to double in medium term
- 18 June 2018
Wood Mackenzie estimates LNG trucking capacity in China to double to 38 million tonnes (mt) by 2025. China is the world's largest LNG trucking market. In 2017, 19 mt of LNG was transported via tanker truck from domestic liquefaction plants and LNG import terminals to downstream markets. This volume accounts for 12% of total gas consumption.
Comment
Tokyo Gas and Centrica deal indicates optimism returning to global LNG markets
- 15 June 2018
Commenting on the announcement that Centrica and Tokyo Gas have signed a heads of agreement for LNG procurement, Giles Farrer, Wood Mackenzie Research Director, said:
Comment
Indorama and Dhunseri Petrochem to restart 540 kt EIPET PET asset in Egypt
- 15 June 2018
Commenting on the announcement that Indorama have joined forces with India’s Dhunseri Petrochem to buy and operate the Egyptian Indian Polyester Company PET asset (EIPET) in Egypt, Phil Marshall, PCI Wood Mackenzie Head of PET, said:
News Release
Majors dig deep as Brazil's PSC Round 4 sets record
- 07 June 2018
On 7 June 2018, Brazil held its fourth pre-salt auction, just eight months after the highly competitive second and third pre-salt rounds. US$818 million was collected in signature bonuses, the outcome was yet another big success for Brazil. With the successful conclusion of five licensing rounds in the span of less than a year, and a fifth PSC Round set for September 2018, interest in Brazil's upstream sector continues to be very strong.
News Release
UK taxation in isolation will not increase plastics collection rates
- 21 May 2018
In response to HM Treasury's call for evidence on using the tax system to address single-use plastic waste, Wood Mackenzie Chemicals said there needs to be a bigger focus on behaviour change if current UK plastics collection and recycling rates are to reach the levels seen in a number of European countries.
News Release
Wood Mackenzie joins Stonewall’s Diversity Champions programme
- 21 May 2018
Being a Stonewall Diversity Champion is a key part of Wood Mackenzie’s Diversity and Inclusion initiative, ensuring that all employees feel engaged, protected and empowered to perform well at work.
Comment
Concho Resources buys RSP Permian in Largest Permian Deal Ever
- 28 March 2018
Andy McConn, research analyst at Wood Mackenzie, shares his thoughts following Concho Resources announced acquisition of RSP Permian Inc. in an $8 billion all-share deal, the largest purely Permian deal ever.
Comment
UK plastic bottle deposit scheme vital to changing consumer behaviour
- 28 March 2018
Commenting on the UK Government's plans to introduce a plastic bottle deposit scheme, Helen McGeough, PCI Wood Mackenzie, Senior Consultant, commented:
Comment
Section 232 exemptions: Australia stands to gain significantly
- 13 March 2018
Commenting on the likelihood that Australia will be exempt from Section 232 steel tariffs, Alex Griffiths, Wood Mackenzie Senior Research Analyst, said:
Comment
Without UK steel tariff exemption, US users will struggle to source high value-added steels
- 09 March 2018
In response to Trade Secretary Liam Fox's announcement that the UK will seek an exemption from President Donald Trump's tariffs on steel imports to the US, Alex Griffiths, Wood Mackenzie Senior Research Analyst, said:
News Release
What will a fresh output cap at Groningen mean for the gas market?
- 01 February 2018
A new cap on production from the Netherlands' giant Groningen gas field may have an impact on the security of Europe's gas supply, hurt Dutch treasury receipts and prompt a reassessment of the field's remaining value.
Comment
Mexico’s Deepwater Round 2.4 Receives Significant Bids
- 31 January 2018
Mexico’s second deepwater licensing round closed today on a high note with 19 of 29 offered blocks awarded, raising more than US$500 million in cash payments. Shell dominated the auction, snapping up nearly half of all blocks awarded. In the Perdido Area, the company won five of six awarded blocks.
News Release
BP's double proves there's life in the old dog yet
- 31 January 2018
BP announced it made two discoveries on the UK Continental Shelf in 2017 - Capercaillie, in the North Sea, and Achmelvich, in the West of Shetland. Wood Mackenzie believes the finds prove there's still life in the ultra-mature province.
Comment
India to double oil products growth in 2018
- 19 January 2018
India is poised to double its oil product demand growth (190 kb/d) in 2018 after a sluggish 2017, when demand grew by only 93 kb/d. Last year, demand growth was at its slowest in the past three years.
Comment
EU's Plastics Strategy May be Missed Opportunity
- 16 January 2018
Follwoing the EU's pledge to make all plastic packaging recyclable by 2030, Helen McGeough, PCI Wood Mackenzie Senior Consultant, commented

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Search results: 5288

China's mega crude-to-chemicals projects may deal knockout blow to regional PX exporters

Inaugural Wood Mackenzie Prize awarded to Houston-based EY employee

Fresh wave of tariffs to hit US plastic pipes, hoses and tubes imports

More oil discovered in Carnavon Petroleum's Dorado-1 well

Market implications of Chinese tariffs on US LNG

12846 related products from the Store that match

Storjo

North Field South (LNG) - upstream

BP buys BHP's L48 assets in 'transformative' $10.5bn deal

US LNG deal 'could be significant for relationship with Europe'

Poland tops growth league in Europe’s €14.1 billion flexible packaging market

ICE announces futures contract based on Permian crude to Houston

OPEC producers key to world supply through to 2040

Energy storage market poised for a boom Down Under

Chevron set to divest central UK North Sea assets

INEOS €2.7 billion chemicals investment good news for European olefins industry

Rise in new players in Southeast Asia's upstream sector

New regulations to fast-track Brazil FPSO deployment and boost pre-salt oil production

China's LNG trucking capacity to double in medium term

Tokyo Gas and Centrica deal indicates optimism returning to global LNG markets

Indorama and Dhunseri Petrochem to restart 540 kt EIPET PET asset in Egypt

Majors dig deep as Brazil's PSC Round 4 sets record

UK taxation in isolation will not increase plastics collection rates

Wood Mackenzie joins Stonewall’s Diversity Champions programme

Concho Resources buys RSP Permian in Largest Permian Deal Ever

UK plastic bottle deposit scheme vital to changing consumer behaviour

Section 232 exemptions: Australia stands to gain significantly

Without UK steel tariff exemption, US users will struggle to source high value-added steels

What will a fresh output cap at Groningen mean for the gas market?

Mexico’s Deepwater Round 2.4 Receives Significant Bids

BP's double proves there's life in the old dog yet

India to double oil products growth in 2018

EU's Plastics Strategy May be Missed Opportunity

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