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China’s GDP to further decelerate in Q4 2021

01 December 2021

China’s economy has faced headwinds from flooding, Covid outbreaks and power rationing in H2 2021. This resulted in a steeper-than-expected economic slowdown for the third quarter, says Wood Mackenzie

News Release

The plastics industry must go under the knife for a more sustainable future

18 November 2021

Stemming the flow of plastics into the environment will need ‘more than a nip and tuck approach’ if the world is to reach peak plastic and meet the net zero challenge, says Wood Mackenzie.

News Release

Wood Mackenzie and Ball Corporation announce satellite data analytics collaboration

11 November 2021

Wood Mackenzie, Inc. a Verisk business (NASDAQ:VRSK), and Ball Corporation (NYSE: BLL) announced today that they have formed a strategic agreement between the two organisations to accelerate the development of advanced analytics for energy markets.

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Low-carbon fuels could play a role in Asia Pacific’s decarbonisation efforts

25 October 2021

Minister for Trade and Industry Gan Kim Yong said today that Singapore plans to import around 30 per cent of its electricity from low-carbon sources by 2035.

News Release

China could ease restrictions on Australian coal and increase supply to alleviate power crunch

08 October 2021

Wood Mackenzie believes that Chinese authorities could allow customs clearance of stranded Australian thermal coal. In addition, the local governments in Yulin region of Shaanxi province and Inner Mongolia have announced yesterday that they will be increasing coal supply to meet demand.

News Release

Global energy storage set to triple in 2021

07 October 2021

New research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows annual global storage deployments will nearly triple year-on-year, reaching 12 GW/28 GWh in 2021. Across the world, economic recovery is top of mind for politicians, with renewable energy integration taking centre stage. Despite disruptions from the Covid-19 pandemic, Wood Mackenzie’s Global Energy Storage Outlook, released today, forecasts nearly 1 TWh of total demand from 2021-2030.

News Release

High carbon tax could erode up to 60% of Asia’s refining earnings

05 October 2021

A high carbon tax could erode up to 60% of Asia’s total refining earnings by 2027, says Wood Mackenzie, at the Global Energy Summit Focus Week.

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China pledges to end overseas coal investments

22 September 2021

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

News Release

US solar prices on the rise

14 September 2021

Despite the addition of 5.7 gigawatts (GWdc) of solar capacity in Q2 2021, supply chain constraints are leading to price increases across every solar market segment, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

News Release

Drought puts pressure on Brazil’s power sector

08 September 2021

The severe drought in Brazil will contribute to an extremely tight power balance in the country, new research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows.

News Release

Oil price windfall a ‘golden opportunity’ to speed up sector’s decarbonisation

19 August 2021

– Oil and gas companies must use the current cash flow windfall opportunity to speed up decarbonisation of their businesses, global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said in a report released today.

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Woodside confirms potential merger with BHP's petroleum business

16 August 2021

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

Comment

Shell’s Nigeria sale offers value, but bidders need to do their homework

12 August 2021

Shell has started a process to divest all of its operated joint venture licences held by the Shell Petroleum Development Company (SPDC) in Nigeria. This includes a 30% interest in 19 Oil Mining Leases (OMLs). Gail Anderson, Research Director with Wood Mackenzie’s Sub-Sahara Africa upstream team, said: “There is considerable value upside across the joint venture assets, which bidders will need to carefully evaluate and quantify.”

News Release

Steel sector emissions must fall 75% under 2°C scenario

10 August 2021

Carbon emissions in the steel sector must fall by 75% from today’s levels to limit global warming to within 2 degree Celsius (°C), says Wood Mackenzie.

Comment

Bumpy road ahead as SEA navigates energy transition but opportunities aplenty

04 August 2021

Wood Mackenzie is organising the 2021 Southeast Asia Energy Forum today. Experts will be discussing key issues and opportunities facing the region’s energy industry over the coming decades.

Comment

Oil Search and Santos on a revised merger proposal

02 August 2021

Oil Search and Santos have reached agreement on the merger ratio under the proposed merger.

Comment

China’s CATL launches sodium-ion battery

29 July 2021

China’s CATL unveiled its newly-developed sodium-ion battery at a launch event today.

Comment

Slower H2 demand across most commodities in China

28 July 2021

Demand across most commodities in China is expected to slow down in the second half of 2021, according to Wood Mackenzie’s new monthly China Economic Focus report.

Comment

Japan’s new 2030 energy mix unveils radical plans to transform the energy system

27 July 2021

Last week, Japan’s Ministry of Economy, Trade and Industry (METI) released a draft of its upcoming 6th Strategic Energy Plan which included major changes to the FY2030 power generation mix targets.

News Release

Decarbonising plastic value chains remains Herculean task

26 July 2021

Despite the ‘war on plastics’, demand over the coming decades will be robust, underpinned by the growing global middle-class and the material requirements of the energy transition.

News Release

Next commodities supercycle will be driven by global energy transition

15 July 2021

Another commodities supercycle is on the horizon, but it will be different from any that have come before. Fossil fuels won’t be in the vanguard and the winners will be the industrial metals needed to electrify society - cobalt, lithium, copper, nickel, and aluminium.

News Release

EU’s ‘Fit for 55’ lays out bloc’s green blueprint

14 July 2021

Europe is at the forefront of the shift to net zero, both in ambition, but also in terms of how to make rapid and deep decarbonisation a reality. The world needs to reduce carbon dioxide (CO2) emissions as quickly as possible. Not doing so means we will need to turn to expensive and unproven technologies to withdraw CO2 from the atmosphere later this century.

Comment

ArcelorMittal to take green steel honours with Sestao plan

13 July 2021

European steelmaker ArcelorMittal today announced plans to become the world’s first steelmaker to produce fossil-free steel using virgin iron. ArcelorMittal, the world’s second largest steelmaker and Europe’s largest producer, plans to produce fossil-free steel via a process known as H-DRI-EAF.

News Release

New global wind power life cycle emissions to reach 55 Mt CO2 from 2020-2050

08 July 2021

According to Wood Mackenzie, a Verisk business (Nasdaq:VRSK), global wind power life cycle emissions will reach 55 million tonnes of carbon dioxide equivalent (Mt CO2) from 2020 to 2050, a result of wind power capacity expanding five-fold to 3.7 terawatts from 2020 to 2050. This is roughly equivalent to four times the US’s total power capacity in 2020.

Comment

Supply outlook tightens as OPEC+ prepares to meet

01 July 2021

As OPEC+ meets on 1 July, oil prices are supported by tightening oil market fundamentals for the second half of 2021. Global natural resources consultancy Wood Mackenzie forecasts total oil demand to rise 5.9 million barrels per day (b/d) year-on-year for 2021.

News Release

Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030

22 June 2021

Asia Pacific renewables (wind and solar) generation investments could double to US$1.3 trillion over the current decade to 2030 compared to the previous decade (2011 – 2020), says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

News Release

Wood Mackenzie launches first-of-its-kind refinery intelligence tool

21 June 2021

Wood Mackenzie is now offering Refinery I/O, a new tool providing daily refinery analytics from proprietary data sets.

News Release

Wood Mackenzie expands energy transition expertise with acquisition of Roskill

18 June 2021

Wood Mackenzie is pleased to announce its acquisition of Roskill, a privately-owned company and leader in metals and materials supply chain intelligence.

News Release

Producing green LNG is key for Australia to remain competitive

17 June 2021

Australian producers need to be at the forefront of green LNG to remain competitive, says Wood Mackenzie.

News Release

Australia’s low-carbon hydrogen trade could be worth up to US$90 billion in 2050

17 June 2021

Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie.

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Search results: 5207

China’s GDP to further decelerate in Q4 2021

The plastics industry must go under the knife for a more sustainable future

Wood Mackenzie and Ball Corporation announce satellite data analytics collaboration

Low-carbon fuels could play a role in Asia Pacific’s decarbonisation efforts

China could ease restrictions on Australian coal and increase supply to alleviate power crunch

Global energy storage set to triple in 2021

High carbon tax could erode up to 60% of Asia’s refining earnings

China pledges to end overseas coal investments

US solar prices on the rise

Drought puts pressure on Brazil’s power sector

Oil price windfall a ‘golden opportunity’ to speed up sector’s decarbonisation

Woodside confirms potential merger with BHP's petroleum business

Shell’s Nigeria sale offers value, but bidders need to do their homework

Steel sector emissions must fall 75% under 2°C scenario

Bumpy road ahead as SEA navigates energy transition but opportunities aplenty

Oil Search and Santos on a revised merger proposal

China’s CATL launches sodium-ion battery

Slower H2 demand across most commodities in China

Japan’s new 2030 energy mix unveils radical plans to transform the energy system

Decarbonising plastic value chains remains Herculean task

Next commodities supercycle will be driven by global energy transition

EU’s ‘Fit for 55’ lays out bloc’s green blueprint

ArcelorMittal to take green steel honours with Sestao plan

New global wind power life cycle emissions to reach 55 Mt CO2 from 2020-2050

Supply outlook tightens as OPEC+ prepares to meet

Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030

Wood Mackenzie launches first-of-its-kind refinery intelligence tool

Wood Mackenzie expands energy transition expertise with acquisition of Roskill

Producing green LNG is key for Australia to remain competitive

Australia’s low-carbon hydrogen trade could be worth up to US$90 billion in 2050

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