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The current combined production for the companies is over 150 kboe/d but they offer different value propositions.
From the increasing importance of advantaged services to our demand and inflation outlooks, read our predictions for the key supply chain themes to look out for in the year ahead.
Predictions for the year ahead in global energy storage
A startup backed by Bill Gates hopes to accelerate copper development in Zambia, to increase supplies needed for low-carbon energy.
World’s largest CCUS project up for FID in 2025, but long-term incentives in question
The world will have 5.7 TWdc of solar by 2033, largely driven by China
It has been written off many times, but the oil producers' group remains relevant. In the long term, its influence could grow.
Top residential solar installers see market shares decrease
How will changes in supply and demand affect pricing dynamics for European gas in 2024 and beyond?
Simplified tariffs will facilitate supply optimisation and gas-on-gas competition
Excess capacity has sent solar panel prices tumbling. In the early 2010s, the stretch goal was to get the cost down to 50c a watt. Now they are selling in China for just 11c. That is great for solar deployment, but less good for manufacturers.
The ethylene industry is tackling emissions through a raft of new carbon-cutting measures. These bring promise, but also considerable challenges, as some regions face the fall-out of their carbon pricing policies
On International Women’s Day, Wood Mackenzie, in partnership Let’s Share the Sun and other third parties, dedicated 51 solar panels and battery storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 25 kW-DC system will provide a significant portion of the shelter’s power needs.
More than 100 gigawatts (GW) of global renewable energy capacity is expected to be tendered in 2024. With more than 60 GW to be offshore wind, the overall volume is set to grow as the year progresses and will match 2023 levels.
Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.
The Grid Edge Executive Council represents an exclusive group of decision makers driving the future of the electric grid.
An interactive tool spanning solar, wind, energy storage and grid edge markets.
MAKE provides global wind-power coverage with research, forecasts, data and a multifaceted view of the industry.
Listen to Crude For Thought, episode 44: Merger mania: Denbury Chesapeake and Encana announce deals
In this month's MENA in Brief podcast: how the oil price crash is affecting upstream activity in the Middle East – and how that differs from the dynamics in Russia and the US.
Following ExxonMobil's (NYSE: XOM) announcement this morning of its fifth new oil discovery after drilling the Turbot-1 well offshore Guyana, Pablo Medina, Wood Mackenzie's senior analyst, Latin America Upstream has the following comments.
Strategic refinery simulation model for refinery operation planning and optimisation.
Join Wood Mackenzie on 21st May 2024, for a discussion on the oil market outlook and refining capacity and margins.
Our recent report explores Anglo American’s rejection of BHP's revised bid and analyses the potential combination of BHP and Anglo American – including valuation, strategic rationale and synergies
What are the big themes and challenges to look for as the iron and steel value chain decarbonises?
Amidst increasing global solar capacity, new industry players, transitions in cell technology, and the rising cost of polysilicon are behind supply chain challenges in APAC
2023 was a year in which the Middle East and North Africa (MENA) region consolidated 2022’s gains. 2024 heralds much uncertainty: an expansion of OPEC quotas will impact short term oil production across the region while capacity expansion continues apace.
The US is facing a pivotal moment for its energy future. Depending on the results of the election, investment in the energy and natural resources sectors could play out in very different ways.
Capacity continues to grow, with giga-scale proposals dominating, but many projects remain speculative, with delays and cancellations likely
It’s shaping up to be a critical year in setting the pace of growth for low-carbon hydrogen and derivatives markets. Read our take on the themes to watch in 2024.
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