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The top three wind turbine players - Vestas, SGRE and GE - will increase their combined global market share from 43% in 2019 to 60% by 2029, according to new research from Wood Mackenzie.
Investors are looking afresh at Africa’s advantaged barrels – but old problems persist.
The energy crisis is raising doubts about the pace the world can move towards net zero. Governments' more urgent priorities are to keep the lights on and economies ticking even if that means more fossil fuels.
The proposed Bipartisan American Affordability and Jobs Act (BAAJA) would make wide-ranging changes in areas including environmental permitting, water protection and electricity transmission planning.
Since OPEC+’s failure to agree on production restraint on 5-6 March, the implications of the Covid-19 pandemic have become far clearer, sparking a crisis in the oil market as prices fell and supply ramped up. The problem for these producers is the scale of the fall in oil demand, especially during April and forecast for Q2 2020. No matter the size of the varying forecasts, they all point to a challenging market that puts pressure on storage space and prices.
We are at an unprecedented point in time where the entire commodity petrochemicals industry is in a downturn. Where do we expect chemical margins to end up this year and what can producers do to tide through the downturn?
The president wants to support renewables and EVs, while having little immediate impact on oil and gas
Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals.
The US shale revolution in action: as well productivity dramatically rose, the US emerged as the largest gas producer in the world. LNG buyers will benefit.
The OPEC+ meeting, held in Vienna on 23 June 2018, confirmed Saudi Arabia and Russia’s high-level commitment to co-operate to manage the oil market.
November’s US elections will have major implications across the power and renewables industry
Reports of the death of coal have been greatly exaggerated. Demand has been bouncing back this year as the world economy picks up again, and some prices have hit their highest levels for more than a decade.
From China’s fast-expanding solar and renewables supply chain to an increase in curtailment across Europe, a look at the key themes and trends for the power and renewables industry in the year ahead
ADNOC has aggressive decarbonisation targets under a strategy that includes, somewhat counterintuitively, oil and gas growth and a renewed emphasis on licensing and exploration.
Easily understand trends in the global oil market with our informed, independent view on oil prices and their key drivers.
A host of senior leaders joined our virtual Global Energy Summit last week to discuss the commodity supercycle, investment, business models and net zero
The Tokyo Olympics could be a game-changer for sustainable textiles – but some momentum has been lost.
Wood Mackenzie, releases its Global gas and LNG – 6 things to watch for in 2022 report.
Investment in the nascent biomethane sector, also known as renewable natural gas (RNG), is picking up, including large-scale M&A as Big Oil and manufacturers build positions. Simon asked Kateryna Filippenko, who leads our new Biomethane/RNG service, how she sees the market developing.
Four reasons the industry has started to invest again.
The Caspian region risks facing an upstream investment crisis in the 2020s that could shape the strength of hydrocarbon-dependent economies like Azerbaijan and Kazakhstan for decades to come.
Understand the key commercial trends, supply/demand and capacity with our industry-wide benzene and styrene market report services.
Campaigners against pipelines scored three notable successes this week. Their victories show challenges are mounting for pipeline operators
China’s LNG imports are set to fall over 14% year-on-year to 69 million tonnes (Mt) in 2022, the largest decline since it began LNG imports, says Wood Mackenzie.
With escalating Middle East tensions involving Iran, the geopolitical risks are high, yet oil, gas, and LNG market responses remain muted. How much production is at risk? What vulnerable infrastructure points could disrupt supply? Why has the price reaction been subdued compared to recent regional flashpoints?
With a market heavily reliant on imported power inverters, the US solar market will have to shift rapidly to meet new FCC rules banning new foreign inverter products from approval and sale
Much has been discussed on the implications of the Glasgow Climate Pact for the global economy and energy markets. And while measurable progress has been made in each field, there is no denying much work remains to be done.
The oil price crash has hit the US Lower 48 hard. But as exploration and production companies work to mitigate the impact of the crash on their businesses, their strategies are affecting the region’s midstream players.
Following China's imposition of retaliatory tariffs on US goods over the weekend, our experts weigh in on the potential impact the move will have on different commodities.
If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.
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