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Move over China. Rising incomes, population growth and industrialisation are fuelling a period of rapid, sustained growth in India's energy demand that could reshape the global scene.
The LNG market in 2017 is irreversibly changed, now challenging for seller and buyer alike. Gas is flooding into the market. Since 2015, seven LNG projects have started operations, another 15 are in build. So how can we create more LNG demand? Hear an update from Noel Tomnay, Vice President Gas & Power Consulting.
Scott Koronka, Director of Downstream Consulting, discusses the recent developments regarding refineries and M&A.
Following last month's acquisition of nearly 18,000 net acres in the Midland basin, Parsley Energy this week purchased Double Eagle Energy's assets.
2017 has kicked off in a big way, with over 40 large developments competing for the green light over the next 12 months. We highlight projects that we think are well positioned for sanction in 2017.
On Thursday, 8 January 14:00 GMT/15:00 CET our research team will present an overview of the recently updated long-term outlooks for European power markets. This session will explore key themes and outcomes in Europe's decarbonising power systems, including how structural changes, policy evolution, and technology costs are reshaping prices, market economics and investment strategies. We will also…
Syria is a mature oil producer that has been devastated by more than a decade of civil war. Before the conflict, domestic production averaged roughly 380,000 b/d of oil and 900 mmcfd of gas, making Syria the only significant crude oil producer in the Mediterranean region. As the security situation deteriorated in 2011, oil production fell by about 80% and gas production by 50%. By 2021, the…
For some industry players, owning refinery capacity is no longer the necessity it used to be, while for others it has become central to business success.
How did US$20 billion in deals happen in a down market?
Chris Grieve, Head of Consulting EMEARC, discusses the oil and gas market and the likelihood of more gridlock ahead for M&A.
A spate of scheduled mine closures, an underdeveloped project pipeline and steady demand growth is expected to provide the basis for significantly higher zinc prices later this decade.
For more than 100 years Asia played a fundamental role in the growth of the Majors. Could this finally be coming to an end?
The impact of the drop in oil prices on global upstream development spend has been enormous. Companies have responded to the fall by deferring or cancelling projects.
Implementation delays continued to affect distributed energy resource (DER) deployments in the second quarter of 2020, but the pandemic is also boosting investment in some areas
Each quarter, Wood Mackenzie’s grid edge analysts release an update on what’s going on in the markets they cover.
Earlier this year, we published a case study exploring S-Oil’s decision to add steam cracking capacity to its Onsan refinery. In this update, we have used REM-Chemicals and PetroPlan to scrutinise the possible impact of carbon costs.
The hunt is on to find an eco-friendly, cost-effective alternative to plastic water bottles. Are aluminium cans the answer?
Port Corpus Christi has started a massive dredging project to make its channels deeper and wider. The result? Bigger tankers will call the port, and constrained crude exports have room to grow.
Angus Rodger's quick guide to global upstream oil and gas project sanctions. He answers common questions on FIDs, such as why FIDs matter, what the number of FIDs announced in year tells us, whether investors are favouring oil or gas, and more.
With deepwater project economics becoming competitive to tight oil and a renewed international interest in such areas as deepwater Mexico and pre-salt Brazil, exploration is once again in the limelight.
We surveyed over 200 senior exploration leaders and professionals to get a clearer vision of how the industry is making headway and whether the foundations of success set in 2017 are strong enough to sustain future activity.
Will 2018 be a year of optimism? Projects are on the rise, investments are stabilising, and there's lots of oil up for grabs from discovered resources.
At the outset, 2018 seems to be a year full of opportunity for upstream companies. After three years of fighting to survive the price collapse, companies are ready to deliver and to continue rebuild in anticipation of a new era of lower prices. We identify five key strategic themes for the new year that point to a turning point in the evolution from 'survive' to 'thrive'.
Big Oil is undergoing a strategic shift to become Big Energy. Should it focus more on using renewable energy in its day-to-day operations? Malcolm Forbes-Cable, vice president of upstream consulting, makes the case.
In this special report about tight oil, Linda Htien, Senior Research Manager, US Lower 48 Upstream Research, and Ann-Louise Hittle, Vice President, Oils Research examine the forces slowing the growth of tight oil
Keystone disruption comes at a key time for Western Canadian crude markets.
Cheaper batteries, faster charging and greater ranges will make the 2020s the decade of the electric vehicle. Latest analysis from Ram Chandrasekaran.
It’s impossible not to be moved by the human and environmental disaster wreaked by recent fires across so much of eastern and southern Australia. For those of us outside the country, the harrowing images on television and the internet of course tell only a fraction of the story. Through the incredible dedication of Australia’s firefighters – both professionals and volunteers – and recent rainfall, the bushfires mercifully now appear be coming under control.
In this month's episode of the MENA in Brief podcast, Ian Thom and Toushar Chakrabarty discuss the impact of the blockade on Libyan oil exports.
2019 marked a transition year from the recent highs for the global olefins industry, and 2020 has all the hallmarks of a year of major developments. Overcapacity is set to result in monumental changes in the market balance – and we expect to see these dynamics manifest at rapid pace this year.
Beijing’s commitment to purchase an additional $52.4 billion of energy from the US creates a huge opportunity, but is it realistic and what could be the consequences?
The Wood Mackenzie Future Facing Mined Commodities Forum included sessions on battery material demand, investment in energy transition metals, the drive for greener metals and more.
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