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Constraints including investor expectations and equipment shortages mean growth has been steady, not rapid.
After exploring the current crisis and taking a deeper look into Asia’s energy transition, Gavin Thompson gives his take on the five key themes that are shaping the future of energy and natural resources across Asia Pacific.
The US state's enhanced climate solutions bill targets zero carbon by 2045 – transmission issues and reliability concerns must be overcome.
The decision provoked some anger in the US. But the actual production cut is smaller than the headlines imply, and is coming as global demand for oil is faltering.
Norway has responded to calls to raise output and has an opportunity to grow and consolidate its position as a super basin of the future – but there are headwinds.
Can the hosts make good on their accelerated energy transition goal?
Europe is in the grip of an energy crisis. Piped gas imports from Russia are 80% down on last year, sending prices through the roof. Unfortunately, quick fixes are in short supply.
The loan segment has seen 59% year-over-year growth but rate volatility and the passage of the Inflation Reduction Act (IRA) will shake up the residential solar market mix.
COP27 in Egypt focused on short-term decarbonisation goals and dialogue between developed and developing nations.
Investment allowances and a new licensing round could boost activity – if willing explorers can be found. Embracing the UK’s potential as an energy super basin is crucial.
Decarbonisation must climb faster up the city-state’s political and social agenda
What is driving the huge deepwater growth, and what are the challenges for the sector?
Reviewing scope 1, 2 and 3 emissions for oil and gas fields around the world.
Companies along the value chain must be proactive in response to the prospect of a carbon offset crude market.
What’s the emissions intensity of the North Sea upstream sector – and who can drive change?
Asia’s wealthiest countries will benefit from supporting “loss and damage”
Wood Mackenzie's APAC team looks at predictions for 2023
It was a fascinating and unpredictable year for energy and commodities. Take a look at our top 10 most popular articles from the year.
Gas price caps across Australia’s east coast spook producers and LNG buyers.
The winds of opportunity are blowing for Chinese onshore and offshore companies.
Recycled material is key to a more circular plastics economy – but where local supply struggles to match demand brands may need to weigh up the import option.
Is nuclear key to net zero in Asia?
The sodium-ion battery market looks set to reach GWh-scale production levels this year.
Key trends from our latest Grid Edge Quarterly Briefing
Difficult times for the upstream wind supply chain as a multitude of issues deteriorate profit margins.
Tesla is working on an affordable electric car which could transform the market
The IRA’s clean electricity tax credits will likely be extended well beyond 2032 – representing trillions of dollars for new renewables and storage projects.
Building out renewables is central to Japan's decarbonisation goals.
Proposals to expedite infrastructure projects are back on the agenda. They could help ease strains created by the rapid growth in renewables.
Annual matching requirements for new IRA tax credits could kick-start economically competitive green hydrogen production.
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