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China pledges to end overseas coal investments

22 九月 2021

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

Controlling emissions could have short-term negative impact on Chinese economy

08 九月 2021

China’s efforts to control carbon emissions could have a negative impact on its economic growth in the short term, says Wood Mackenzie.

News Release

Electric vehicle sales to vault over 6 million in 2021

31 八月 2021

Global electric vehicle (EV) sales are expected to vault over 6 million this year, says Wood Mackenzie.

News Release

CCS could have material impact on carbon emissions of LNG projects

25 八月 2021

The use of carbon capture and storage (CCS) could have a material impact on LNG projects’ carbon emissions. Depending on the strategy adopted, more than 25% of overall carbon emissions could be removed, says Wood Mackenzie,

News Release

Small modular nuclear reactors could be key to meeting Paris Agreement targets

24 八月 2021

Small modular nuclear reactors (SMR) could play a crucial role in meeting Paris Agreement targets, says Wood Mackenzie.

News Release

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

19 八月 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.

News Release

Corporate renewable PPAs playing bigger role in decarbonising Asia Pacific

18 八月 2021

Corporate renewable power purchase agreements (PPA) are starting to play a bigger role in Asia Pacific’s decarbonisation efforts, says Wood Mackenzie.

Comment

Woodside confirms potential merger with BHP's petroleum business

16 八月 2021

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

News Release

Is CCS the upstream sector’s silver bullet?

11 八月 2021

We may only be halfway through 2021, but it is already shaping up to be a breakthrough year for carbon capture and sequestration (CCS) to emerge as a viable tool for upstream companies to decarbonise operations. Although the concept has been around for decades, CCS is moving into the mainstream. All the industry’s largest companies now plan to use sequestration to help them reach their decarbonisation targets.

Comment

Latest IPCC climate report calls for reaching net zero emissions earlier than 2050

10 八月 2021

Wood Mackenzie Asia Pacific Head of Markets and Transitions Prakash Sharma responds to the recently released IPCC report.

News Release

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

10 八月 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

China’s CATL launches sodium-ion battery

29 七月 2021

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

Comment

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

27 七月 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.

Comment

ArcelorMittal to take green steel honours with Sestao plan

13 七月 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 七月 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 七月 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

Royalties reform could dampen investors’ appetite for Chile’s copper sector

29 六月 2021

Proposed changes to Chile’s mining royalty regime will not have a drastic impact on the country’s production landscape in the near-term. However, analysis from global natural resources consultancy Wood Mackenzie, a Verisk company (Nasdaq:VRSK), indicates there is clear risk the amendments could compromise continued appetite to make large-scale, long-term investments in Chile’s copper sector.

News Release

Carbon removal key to meeting Paris Agreement target

24 六月 2021

Achieving the 2°C goal of the Paris Agreement will require more than simply avoiding carbon. To cap global warming at 1.5°C or even 2°C, carbon removal will be essential. Research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq:VRSK), shows the key to effective large-scale carbon removal is unlocking potential economies of scale through basin-wide carbon capture and storage (CCS), effectively providing a community answer to a global problem.

News Release

Long-term LNG set to remain a buyers’ market

15 六月 2021

The liquefied natural gas (LNG) long term contract market and LNG spot market are travelling in opposite directions. The long-term buyers’ market is only likely to end when it becomes clear that demand will outstrip new supply available from Qatar and Russia, global energy consultancy Wood Mackenzie said.

Comment

NEA Gas Forum - the future of gas is Asia and the prize is large

09 六月 2021

Wood Mackenzie experts discussed key drivers of Asia Pacific gas markets at the Northeast Asia Gas Forum today.

News Release

TotalEnergies named industry’s most-admired explorer

31 五月 2021

For the second consecutive year, French major TotalEnergies has been named the upstream industry’s most-admired explorer, an accolade awarded as part of with Wood Mackenzie’s industry-leading annual Exploration Survey.

News Release

Europe emerges as global LNG price-setter

27 五月 2021

Global liquefied natural gas (LNG) markets were set to tighten over the next five years, driven by a slowdown in global LNG supply growth. But Europe’s market dynamics are turbo-charging the price recovery, with TTF currently trading close to US$9 per million British thermal units (/mmbtu), a level not seen since mid-2018. Following the recent winter spot price spike in Asia, the European market has been sustaining global LNG prices, making the region a battleground for global LNG price formation, new research from global natural resources consultancy Wood Mackenzie found.

News Release

Energy transition represents a US$14 trillion uncertainty for upstream oil and gas

20 五月 2021

The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie.

News Release

OPEC+ maintains production plan

27 四月 2021

OPEC+ is, as expected, holding firm to its decision to increase supply, gradually and carefully, over the coming months.

Comment

Australia's pathway to net-zero emissions by 2050

20 四月 2021

On 19 April, Australian PM Scott Morrison's commented on the country's road to net-zero emissions.

News Release

Will higher oil prices spell trouble for upstream discipline?

19 四月 2021

In its rebound from the 2020 downturn, Brent flirted with US$70 per barrel. Higher prices in 2021 mean higher cash flow for producers, perhaps even record-setting highs. Have the good times returned? Global natural resources consultancy Wood Mackenzie believes operators need to be cautious.

News Release

Carbon neutrality goal forces Chinese aluminium smelters away from captive coal power

19 四月 2021

China’s march towards carbon neutrality is forcing its aluminium smelters away from using captive coal-fired power, says Wood Mackenzie.

News Release

Action to achieve Paris climate goals will upend oil and gas prices

15 四月 2021

If the world acts decisively to limit global warming to 2°C by 2050, the scale of change will revolutionise the energy industry. Progressive electrification will squeeze the most polluting hydrocarbons out of the energy mix, nearly eliminating their markets. Oil demand will shrink, and with it, so will the power of major oil producers. Gas demand will remain resilient, but business models will need to evolve.

News Release

Carbon pricing plans ‘could transform upstream oil and gas economics’

31 三月 2021

At present, few countries require producers to either pay a carbon tax or participate in an emissions trading scheme (ETS). But as governments seek to meet decarbonisation targets, that could soon change. Carbon charges are likely to come, and they will transform the upstream sector, affecting both asset values and the industry’s economics.

News Release

Wood Mackenzie’s new multi-factor analysis pin-points advantaged reservoirs

30 三月 2021

Granular subsurface data is key to understanding advantaged resources

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Search results: 327

China pledges to end overseas coal investments

Controlling emissions could have short-term negative impact on Chinese economy

Electric vehicle sales to vault over 6 million in 2021

CCS could have material impact on carbon emissions of LNG projects

Small modular nuclear reactors could be key to meeting Paris Agreement targets

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

Corporate renewable PPAs playing bigger role in decarbonising Asia Pacific

Woodside confirms potential merger with BHP's petroleum business

Is CCS the upstream sector’s silver bullet?

Latest IPCC climate report calls for reaching net zero emissions earlier than 2050

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

China’s CATL launches sodium-ion battery

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

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

Royalties reform could dampen investors’ appetite for Chile’s copper sector

Carbon removal key to meeting Paris Agreement target

Long-term LNG set to remain a buyers’ market

NEA Gas Forum - the future of gas is Asia and the prize is large

TotalEnergies named industry’s most-admired explorer

Europe emerges as global LNG price-setter

Energy transition represents a US$14 trillion uncertainty for upstream oil and gas

OPEC+ maintains production plan

Australia's pathway to net-zero emissions by 2050

Will higher oil prices spell trouble for upstream discipline?

Carbon neutrality goal forces Chinese aluminium smelters away from captive coal power

Action to achieve Paris climate goals will upend oil and gas prices

Carbon pricing plans ‘could transform upstream oil and gas economics’

Wood Mackenzie’s new multi-factor analysis pin-points advantaged reservoirs