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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.
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.
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”
The energy crisis will give rise to new opportunities for Majors, Independents and NOCs in 2023 – but operators will also face numerous headwinds and an uncertain outlook.
Wood Mackenzie's APAC team looks at predictions for 2023
Is this the year that CCUS really switches gear from niche concept to mainstream investment theme?
It was a fascinating and unpredictable year for energy and commodities. Take a look at our top 10 most popular articles from the year.
The ongoing impact of the energy crisis in Europe. The Inflation Reduction Act’s boon to renewables in the US. Interesting times for global power and renewables players.
The gas industry found itself at the epicentre of the energy crisis in 2022, with far-reaching implications. What twists and turns will 2023 bring to this global story?
Profit margins tightened in the onshore wind markets in 2022, will this trend continue in 2023? What other forces will shape the year ahead?
What are the themes and trends set to have the biggest impact on global oil demand, supply and refining in 2023?
A tangle of long-term ambitions will drive upstream regulators and investors toward the big fiscal themes to look for in 2023, from windfall taxes to renewed interest in gas policy terms.
Margins cool for metals and mining in 2023. How will companies respond? And how does the picture vary across commodities?
Will EV sales accelerate in 2023? Can the supply chain keep up? And how will the industry navigate decarbonisation targets?
On this special episode of the Horizons podcast our host Dr Liz Dennett is joined by Carolyn Comer, President at Shell Energy Americas and Simon Flowers, Chief Analyst at Wood Mackenzie.
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?
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