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Following the escalation of trade tariff disputes between the world’s two largest economies, China and the U.S., Wood Mackenzie Chemicals expects that U.S. polyolefins exports to China will be negatively impacted by 50% in 2019.
What has changed in the last 7 months, and what challenges lie ahead for Canada?
President Trump seeks to rescue pipeline builders from permitting purgatory
US flex packaging majors losing market share
Lift the lid on ethylene supply forecasts and cost data and reveal the numbers behind each asset.
The Sharjah gas development includes three fields, Sajaa, Moveyeid and Kahaif, located approximately 30 kilometres inland in Sharjah. Sharjah is one of seven emirates in the UAE, occupying the region immediately to the northeast of Dubai. The fields produce gas, condensate and LPG from fractured carbonates. Sajaa is by far the largest of the three and was developed in the early 1980s by Amoco (now…
The expansion in 2011 for 360kt/a to 390kt/a implied an increase in amperage from around 357kA to 387kA. Were this to be applied to Line 2, this suggests a two-line Sohar would have capacity of the order of 780kt/a. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This…
On the eve of Gastech, Qatar has grabbed headlines with a plan to grab more long-term LNG market share.
“It’s not easy, but it’s feasible” was the verdict of EU climate chief Frans Timmermans as the bloc announced its ambitious goal of reducing imports of Russian gas by around two thirds this year. With this implying something in the order of 100 bcm of supply, we do not share Mr Timmermans’ optimism.
The oil industry possesses a trillion-barrel opportunity within existing fields that could meet global demand through 2050 without major new discoveries, according to groundbreaking analysis from Wood Mackenzie.
With future oil and gas demand highly uncertain, advantaged resources with the lowest costs, lowest carbon emissions and best economics stand the greatest chance of being commercialised. The Middle East won the geological lottery, but how does it fare on other fronts?
With significant changes already underway for global crude trade, what will this mean for the industry in Asia?.
Wood Mackenzie report offers five key developments for the energy sector over the next 12 months
What role do cities play in driving the energy transition? Find out in this complimentary report from Alan Gelder, VP of Refining, Chemicals & Oil Markets.
Halting the pandemic and rebuilding economies are the most urgent goals for the immediate future. Wood Mackenzie estimates that almost US$20 trillion – equivalent to a quarter of global GDP – will go towards stimulus packages, public health spending and delivering a vaccine over the next 12-18 months alone.
What's in store for the upstream oil and gas industry in the Middle East and North Africa? Find out what projects and regions our MENA upstream will be watching closely in 2019.
'Business as usual’ is incompatible with net zero ambitions
Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie.
Brazil's Round 15 closed today, 29 March 2018, with the award of roughly half of the offshore blocks on offer. The round occurred six months following the closing of rounds 14 and 3 PSC last year, continuing the country's aggressive licensing push.
The near-term impact of the coronavirus outbreak on oil demand remains uncertain as much depends upon when and how China’s manufacturing industry restarts after the currently extended Lunar New Year public holiday.
On the podcast we explore how traditional super basins can and must transition to new ‘energy super basins’; a mix of plentiful renewable electricity, established oil and gas resources and hub-scale CCS.
With carbon emissions performance now front of mind for oil and gas companies, the need for a standardised approach to data reporting is apparent.
Polymer value chains currently account for 4% of energy related GHG emissions, and this figure is set to rise to 10% by 2050 as plastic demand rises to meet the needs of the rising global middle-class.
We've identified six key themes that will influence the global crude and refining markets in the next five years. Read on for a high level overview of these key areas.
Is crude-to-chemicals integration just another industry buzzword or is it the way forward for oil and chemical companies?
What was the impact of Rafael on US oil and gas production?
Unprecedented market dynamics in Europe are turbo-charging an LNG price recovery, with TTF currently trading close to US$9/mmbtu. What does this mean for global prices?
CNOOC Ltd and Total's Glengorm gas discovery, in teh Central North Sea, is the largest gas find in UK waters since Culzean in 2008
In our latest partnered report with Foss & Company, we analyse the influence of tax credits like the ITC and PTC on the growth of renewable energy in the U.S, discuss how changes in tax credit applications could draw more investors, and highlight the diverse clean energy projects and technologies on the rise.
State-level mandates and targets have helped the offshore wind industry take its first steps in the US. Strong federal support – and an ambitious target – could now see it really take off.
On 10 December, three of the most anticipated Final Investment Decisions (FIDs) of 2024 were announced in the space of just a few hours.
The world's top 10 solar photovoltaic (PV) module manufacturers shipped a record 500 gigawatts (GW) of modules in 2024, nearly doubling the previous year's volume, according to Wood Mackenzie's new Global Solar Module Manufacturer Rankings 2025 report. Despite this surge in shipments, the leading players collectively reported losses of US$4 billion as revenues declined significantly year-over-year.
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