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Russian waterborne product exports see substantial cuts, will crude loadings be next?
This year may prove to be a strong one for the refining sector, but 2020 has had a difficult start. Wood Mackenzie expects some turbulence this year as a number of factors come together – geopolitical risk, the impact of IMO 2020 regulations, and US tight oil production slowing, among them.
In this episode of our Asia-Pacific energy podcast, we discuss this weekend's OPEC agreement.
As the steel industry solves its carbon problem, we see a tectonic shift towards greener metallics like hydrogen-based DRI & scrap over hot metal.
The European residential storage market deployment base is expected to grow five-fold to 6.6 GWh by 2024, according to new research from Wood Mackenzie.
ONE-Dyas operates a portfolio of gas fields within the L and M blocks that are covered within this analysis. These include: L/11b, L/11-Gillian, L/8-D and M/7.
Jharsuguda is located in Odisha, India. The smelter was commissioned with the purpose of phased expansion. The smelter originally consisted of two prebake lines across two halls with captive power supply. Phase one comprised 500ktpa of capacity. Phase 2 brought this up to 1100ktpa, adding a further two lines. A further proposed expansion to >1.6Mt/a will make Jharsuguda one of the world's largest…
Speaking after BP announced it was writing down as much as $17.5 billion when it reports its second quarter results, Luke Parker, vice president, corporate analysis, said: “The impairment shouldn’t come as a big surprise, but the implications – near-term and long-term – are significant.”
Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key themes – OPEC+ production, Covid-19 developments, and the energy transition.
Natural resources research and consultancy Wood Mackenzie launches the world’s first Global Upstream Valuation solution, enabling organisations from the largest oil and gas companies to global banks to value assets around the globe in seconds.
Gain insights into the methanol market within the context of the value chain for strategic planning and investment identification.
Our annual update spotlights the technologies having the most transformational impact – and the regions leading the pack on technological supremacy.
Understand the commercial and strategic drivers of Recycled PET supply and demand, price forecasts and leading market trends.
Following the announcement this morning that Talos energy and its partners Premier Oil and Sierra Oil & Gas have made a discovery at Zama-1, drilled in Block 7 offshore Mexico, please find below initial comment from Pablo Medina, Wood Mackenzie's senior analyst, Latin America Upstream.
India's national oil company ONGC has just unveiled its 2040 strategy. Get our latest analysis.
Commercial structures are evolving as the second wave takes shape, changing the balance of risk and reward for project developers, suppliers and offtakers.
With several challenges facing new gas developments in Latin America, supply will be unable to keep up with demand, driving the need for expanded imports to the region over the next decade, according to a new report from Wood Mackenzie.
As one of the most-used petrochemicals in the world, ammonia offers a bevy of decarbonization and energy market opportunities, including the potential to provide 100 million tonnes (Mt) into the power sector by 2050 in a high-case scenario. However, without strong policy support, low-carbon ammonia may remain an untapped market, according to “Avoiding Pand-Ammonia” a new report from Wood Mackenzie.
What is the current state of the refining and oil products market in the energy transition, and what are refiners’ top options to reduce emissions?
India is under a three-week lockdown from 25 March to contain the spread of the coronavirus outbreak. Wood Mackenzie analysts discuss what this means for the power, coal, gas and LNG, and oil products sectors.
The U.S has increased tariffs on $200bn of Chinese goods to 25%, from 10%, impacting a number of metals. Commentary below comes from the Wood Mackenzie metals team:
It will be a noteworthy year for the North Sea – companies will increase production for the first time since 2017 and the outlook for both exploration and investment is looking healthy. The region will remain a global hotspot for deals as the corporate landscape continues to evolve. Crucially, the North Sea will also see major steps towards decarbonisation.
Acciona will launch a 100% takeover of German manufacturer Nordex after increasing its majority share in the turbine maker to 36.27%.
Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie's Asia Pacific experts weigh in on what this means for the different sectors.
Long-term liquefied natural gas (LNG) contracting activity is off to a strong start in 2023, with around 13 million metric tonnes per annum (mmtpa) of signed in just over four months. Speaking on the sidelines of the Australian Petroleum Production and Exploration Association (APPEA) Conference in Adelaide, Daniel Toleman, Principal Analyst for Global LNG at Wood Mackenzie said that the bullish conditions in the market have continued.
A preview of our Energy & Natural Resources Summit: APAC
Wood Mackenzie releases its Oil markets: 5 things to look for in 2022 report which discusses the uncertainties and issues impacting global demand, oil supply and refining markets this year.
Key themes included the impact of geopolitics on demand, the enduring role of gas in the supply mix and the bumpy road ahead for LNG.
The global liquefied natural gas (LNG) industry is about to face its first seasonal demand contraction since 2012, with demand in summer 2020 expected to fall 2.7% or 3 million tonnes (Mt) year-on-year, says Wood Mackenzie.
Following PM Scott Morrison's win in the recent 2019 Australia election, Wood Mackenzie and Verisk Maplecroft analysts share their thoughts.
Wood Mackenzie analysts delved deeper into implications of Woodside's announced US$80 carbon price.
The global upstream fundamentals for 2019 are encouraging, despite recent price volatility. Angus Rodgers explains why in this look ahead at five big themes in upstream oil and gas in 2019.
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