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Global gas market dynamics: three key themes

04 九月 2019

Hot topics from our most popular reports: the LNG oversupply and the impact on prices, China’s growing gas demand and how Russia is retaining its position as the world's biggest net exporter of gas.

The Edge

The automotive sector – twists on the road to transition

02 四月 2019

The future of light vehicles is electric; in time, perhaps autonomous. But the disruption won’t be quick, and the rise of the EV won’t be linear. Get our analysis here.

Featured

Metals and mining: will 2020 be a milestone year?

28 一月 2020

With the energy transition taking centre stage, 2020 looks likely to be a year of change for the energy industry. And the metals and mining industry is at the heart of the action.

Opinion

How the coronavirus highlights the perils of the US-China trade war

25 二月 2020

The risks to supply chains posed by the COVID-19 outbreak do not present a strong case for economic decoupling.

Opinion

Is PetroChina really going green?

02 九月 2020

The move is the first publicly confirmed (near) net-zero goal by an Asian national oil company, a recognition by one of the world’s largest producers that it must address carbon emissions and adapt to the energy transition.

Featured

Global upstream oil and gas: new challenges ahead in 2021

19 一月 2021

What does 2021 hold for the global upstream oil and gas industry? It will be a year of uncertainty and contingency – but resilience and recovery are also key themes.

Opinion

Asia’s developing economies need more gas investment, not less

27 五月 2021

It is increasingly clear across Asia that governments, lenders, and both gas suppliers and consumers must prioritise the management of carbon emissions across the gas value chain.

Opinion

Asia’s energy crisis and net zero – no turning back

28 十月 2021

Covid-19 made mincemeat of energy price forecasts. From the depths of the oil price crash in March 2020 to the surge in Asian spot gas prices to over US$50/mmbtu for the first time ever earlier this month, the pandemic has shredded predictions (and egos) as fast as they could be produced.

Opinion

Asia’s NOCs can now move through the decarbonisation gears

30 三月 2022

As the pressure to cut emissions intensifies, no company can remain above the fray. But while the Majors and other international oil companies face increasing calls to decarbonise, many of the world’s largest national oil companies (NOCs) have so far avoided the same level of scrutiny.

Opinion

The US natural gas market wakes up

22 四月 2022

North American gas prices were quiet for more than a decade. Now changing market conditions are creating increased volatility

Opinion

Commodity slowdown in China could be different this time

05 三月 2019

In today's meeting of the National People’s Congress, China announced slower growth this year, with its gross domestic product (GDP) growth targeted at a range of 6 to 6.5% in 2019.

News Release

Steel industry emissions to decline 30% by 2050

17 五月 2022

Steel industry’s carbon emissions is expected to fall 30% by 2050 compared to 2021 levels, according to a new report by Wood Mackenzie.

News Release

China’s copper industry cushioned from power crunch

12 十一月 2021

Wood Mackenzie’s latest report shows that compared to other base metals, China’s copper market appears to be better cushioned from the country’s power crunch.

News Release

Long-term LNG set to remain a buyers’ market

15 六月 2021

The liquefied natural gas (LNG) long term contract market and LNG spot market are travelling in opposite directions. The long-term buyers’ market is only likely to end when it becomes clear that demand will outstrip new supply available from Qatar and Russia, global energy consultancy Wood Mackenzie said.

Comment

South Korea announces carbon neutrality pledge

29 十月 2020

South Korea becomes the latest Asian economy to announce its net-zero carbon emissions pledge.

News Release

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

16 七月 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.

News Release

2020 could mark start of downcycle for China’s petrochemical industry

15 一月 2020

In a recently published report, Wood Mackenzie predicts the start of a downcycle in China’s petrochemical industry. A supply overhang has already hit the country’s paraxylene (PX) market, with olefins and polyolefins markets almost certain to face the same.

Comment

Attack on Saudi Arabia's oil facilities

16 九月 2019

This attack has material implications for the oil market, as a loss of 5 million barrels per day of supplies from Saudi Arabia cannot be met for long by existing inventories and the limited spare capacity of the other OPEC+ group members. A geopolitical risk premium will return to the oil price.

Comment

Repsol-led consortium makes significant gas discovery in Indonesia

18 二月 2019

Following the announcement by Indonesia's upstream regulator SKK Migas on a gas discovery in the country, Wood Mackenzie's research director Andrew Harwood provides a commentary.

News Release

China leads global wind turbine manufacturers’ market share in 2023

01 五月 2024

China accounted for 65% of global wind capacity in 2023, which pushed four Chinese wind turbine original equipment manufacturers (OEM) into the top five global rankings, a first for the sector. With a record of 16.3 gigawatts (GW) capacity installed, Goldwind maintained the leading position for the second consecutive year.

News Release

Carbon intensity regulation to make or break global low-carbon hydrogen market

15 二月 2024

The future of low-carbon hydrogen hinges on global policymakers introducing regulations and subsidies that focus on the carbon intensity of the hydrogen produced rather than its colour.

Opinion

The race to lead the world in clean energy | Podcast

14 七月 2023

Ed Crooks is joined by Melissa Lott and Amy Myers-Jaffe, as they discuss the economic vision behind Bidenomics and how it aims to turn the climate crisis into an opportunity for job creation and cost reduction.

Editorial

The road ahead for electric vehicles

20 九月 2019

Three hot topics for electric vehicles: when electric vehicles will become fully commercially competitive, how cities are transforming road transport, and EV infrastructure M&A activity.

The Edge

Why higher tariffs on Chinese EVs are a double-edged sword

13 六月 2024

The US and EU have slapped big tariff increases on Chinese EVs, responding to the threat of China flooding those regions with low-cost electric vehicles. Restricting EV and battery imports not only threatens the pace of road transport decarbonisation, but higher tariffs could also negatively impact domestic automakers.

Opinion

Angry tweets, a new long march and an escalating trade war

12 六月 2019

In the latest APAC Energy Buzz, Wood Mackenzie's Asia Pacific Vice Chair, Gavin Thompson, shares the implications of the ongoing US-China trade disputes on the energy sector.

Opinion

Asia’s decarbonisation ambition isn’t matching reality

07 七月 2022

Without action, a disorderly energy transition across Asia Pacific is looming.

News Release

Global lithium-ion battery capacity to rise five-fold by 2030

22 三月 2022

Global cumulative lithium-ion battery capacity could rise over five-fold to 5,500 gigawatt-hour (GWh) between 2021 and 2030, says Wood Mackenzie.

News Release

Global installed wind power capacity set to grow by 9% to 2030

15 十二月 2021

Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie.

Comment

China pledges to end overseas coal investments

22 九月 2021

President Xi Jinping announced that China will end coal investments overseas.

Comment

Woodside confirms potential merger with BHP's petroleum business

16 八月 2021

Woodside has confirmed it is in discussions with BHP over a potential merger involving BHP’s entire petroleum business.

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