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A major shift in Guangdong's gas power dispatch policy is changing the role of gas-fired generation. Fleets are moving from baseload to mostly peak-only operations, which may reduce long-term gas demand growth in the power sector.
Wood Mackenzie has secured its place on Forbes' 2026 'World's Best Management Consulting Firms' list for the fifth consecutive year, reinforcing its position as a leading insight provider and advisor in global energy.
The 2026 Middle East conflict has struck at the centre of the global gas system. Strikes on Qatar's North Field and Iran's South Pars have taken capacity offline across a resource base that holds 25% of the world's gas and supplies 10% of global production, creating cascading implications for LNG markets, buyer behaviour, and long-term energy security.
More than 3.5 terawatts (TW) of global wind and solar capacity is operational, but as first-generation equipment ages, a further 2.5 TW of projects will face a stark decision for owners by the 2040s: abandon the site, invest to extend its life, or renew it entirely.
As US diesel prices soar and political pressure for an export ban grows, a new Wood Mackenzie analysis warns the move could have considerable ripple effects, triggering significant global product stock drawdowns while ultimately proving self-defeating for American consumers.
By 2030, roughly half of global LNG production capacity will sit in two countries. Under an extended disruption to Gulf LNG supply, Wood Mackenzie estimates global availability could run approximately 70 mmtpa below pre-conflict levels to 2035. Seven floating LNG projects sanctioned since 2023, adding 18 mmtpa of new capacity across six countries, represent the market's most direct response to both pressures.
No project under EMA’s low-carbon framework has reached Financial Close or commenced construction Malaysia has emerged as the only corridor with a credible path to delivery this decade Almost half the pipeline is long-dated and high risk
As Saudi Arabia’s suspension of its East-West pipeline drives medium-sour crude prices above US$140/bbl and European refiners scramble for alternatives, a new Wood Mackenzie analysis finds Johan Sverdrup crude has hit a record US$24/bbl premium to Brent, putting field partners on course for a cashflow windfall of up to US$7.1 billion in 2026 against a US$500 million forecast made at the start of the year.
Thousands of satellites are currently on various orbits around the Earth. Space agencies around the world have initiated hundreds of programmes over the last decades. Private companies have entered the market more recently in a big way. So, how is satellite monitoring used? And how can it be leveraged to deliver unique intelligence into the global LNG market?
EV chargers, demand response and the fight over National Grid’s gas hookups
Annual global bifacial module capacity will exceed 21 gigawatts by 2024
The momentum is clear, despite COVID-19 impacts in 2021
Are there better ways to recycle plastic? At our recent Americas Polyester Conference, we explored whether chemical recycling can be part of the solution to our plastic waste problem.
What's a bigger threat to fuel retail expansion in North America: electric cars or rising fuel efficiency? Lean about Wood Mackenzie's gas demand model.
Water management is quickly becoming one of the most significant risks to Permian tight oil growth. With water infrastructure nearing peak capacity, how can producers cap costs and minimise operational risks?
As we near the mid-point of 2019, we focus on three exciting North Sea exploration areas to discover how the industry is continuing the upward global trend.
After three highly competitive exploration bid rounds in Brazil in 2018, momentum is building for a three-round licensing bonanza that starts later this year.
The tightly balanced iron ore market was a hot topic at Singapore Iron Ore week, Asia Pacific’s biggest annual gathering of steel and iron ore industry insiders. What else caught our analysts’ attention at this year’s conference?
More mergers are coming.
Where and how is digitalisation likely to impact upstream oil and gas? In our latest research, we take a closer look at the huge prizes on offer at every stage of the upstream lifecycle.
The two dominant players in Latin American oil and gas – Petrobras and Pemex – should face negative net gasoline balance for decades to come.
After seven years of surging production growth, Northeast gas producers are starting to slow their output.
What's going on at #OTC50? Wood Mackenzie research analysts offer their live reactions to the buzz at the 50th Offshore Technology Conference in Houston. Follow live updates #WOODMACLIVE.
Despite the international phase-out for fuel oil, its crack spread hit 20-year highs
The results from our annual Exploration Survey are in. The industry has had their say on all things exploration, from budgets and technology to portfolios and peers.
The LNG boom is back, and it represents a major boon to engineering, procurement and construction contractors, who've found the past few years challenging. Find out what US$200 billion of investment means for the industry and why this boom is different to 2010-2014.
2018 was a record-breaking year for energy storage. The market looks set to flourish as the energy transition accelerates. Find out what's behind the boom and which countries are leading the change.
What's new in store? Get the highlights from some of our most popular insights across the entire natural resources value chain. This week, the long-term outlook for Europe power markets, the Chevron acquisition of Anadarko and more.
Join our experts to tackle some of the industry's burning questions on IMO 2020 and the potential stumbling blocks.
The explosive expansion of American shale oil production is becoming unsustainable for North American companies from Texas to North Dakota.
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