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North American renewable natural gas market could expand tenfold by 2050 to reach 4 bcfd

17 七月 2023

Driven by new government incentives for the transportation sector, renewable natural gas (RNG), or biomethane, saw tremendous growth in 2022, with 60 million cubic feet per day (mmcfd) of new production capacity added, according to a new report from Wood Mackenzie.

News Release

Australia leads global market for battery energy storage systems

17 七月 2023

Australia leads the global market for battery energy storage systems (BESS), with the total pipeline of announced projects now exceeding 40 gigawatts (GW), according to latest Wood Mackenzie analysis launched at the Australian Clean Energy Summit in Sydney.

News Release

South American onshore wind power to expand 122% through 2032

12 七月 2023

Free market expansion will be one of the main drivers of onshore wind growth in the next 10 years in South America. The total wind market is set to add 41.2 gigawatts (GW) of onshore projects through 2032, based on a new analysis from Wood Mackenzie.

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Norway’s 800km Barents Sea gas pipeline back on agenda

11 七月 2023

A proposed US $5 billion export route linking gas fields in the Barents Sea in Northern Norway to European markets could help alleviate the continent’s dependence on liquified natural gas (LNG) imports according to a new report by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

Canadian LNG has potential to meet growing Asian demand

10 七月 2023

Speaking at the LNG2023 conference in Vancouver, Dulles Wang, Director, Americas Gas & LNG at Wood Mackenzie said that with the alignment of several market dynamics, Canada could be positioned to play a much bigger role in global LNG exports.

News Release

Australia’s emissions-intensive mines face unforeseen future under new Safeguard Mechanism Scheme Reforms

07 七月 2023

The adoption of the single "industry average" as presented in the revised Safeguard Mechanism Scheme, will see some clear winners and losers in the Australian mining sector.

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President Tinubu’s radical reforms signal new economic era in Nigeria

06 七月 2023

The new president of Nigeria, Bola Tinubu, has started to roll out radical reforms in a move that could turbo-charge investment in the West African state according to Gail Anderson, Director of Research for Upstream Sub-Saharan Africa at Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

EV charger installations in the US are poised to grow fourfold by 2027

28 六月 2023

Wood Mackenzie estimates the number of charging ports in the US to reach close to 18 million by 2027, with most chargers in the residential category. However, the residential market share will slightly decline in that period as the public and commercial EV charging segments grow.

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TotalEnergies named most-admired upstream explorer in Wood Mackenzie’s 15th annual Exploration Survey

27 六月 2023

French major TotalEnergies has been named the upstream industry’s most-admired explorer and received the Discovery of the Year award in Wood Mackenzie’s industry-leading annual Exploration Survey.

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U.S. and Japan will struggle to hit ambitious hydrogen targets

27 六月 2023

U.S. Hydrogen producers will struggle to hit the National Clean Hydrogen Strategy and Roadmap (the Strategy) that was released by the Department of Energy on June 5 according to according to analysts Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector.

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Rosebank and Cambo fields barometer for the future of the North Sea

26 六月 2023

The development of the Rosebank and Cambo oil fields in the North Sea would save 17 million tonnes of CO2 emissions over their projected lifetimes compared to the equivalent amount of imported oil and gas according to Malcolm Forbes-Cable, Vice President of Energy Consulting (Upstream, EMEA) at Wood Mackenzie.

News Release

Woodside announces Trion field FID, Mexico’s first deepwater oilfield development

22 六月 2023

Addressing Woodside’s announced final investment decision (FID) of Trion field, Diego Alviso Becerril, Senior Research Analyst, Upstream Research LATAM, said “This will be Woodside’s first incursion into Mexican waters and Mexico’s first deepwater oil field development. With first oil scheduled for 2028, the development concept considers a US$7.2 billion investment to recover 479 million barrels of equivalent (mmboe).”

News Release

US Distributed Energy Resource market to almost double by 2027

20 六月 2023

The US Distributed Energy Resource (DER) market is expected to nearly double in capacity from 2022 to 2027, with capital expenditure reaching US $68 billion per year, according to Wood Mackenzie’s ‘2023 US Distributed Energy Resource Outlook’ report released today.

News Release

Keir Starmer softens stance on UK oil and gas

20 六月 2023

The recent announcement by Keir Starmer, the leader of the UK’s Labour Party, that he will ban new oil and gas exploration licences if he gains power at the next election will be viewed as a largely symbolic gesture according to analysts Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector.

News Release

TotalEnergies discovery in shallow water Nigeria largest in a decade

16 六月 2023

Addressing TotalEnergies discovery at Ntokon in the shallow water Niger Delta, Gail Anderson, director of upstream research at Wood Mackenzie, said “Ntokon is likely to be Nigeria's biggest shallow water discovery in a decade. Despite the lack of exploration in recent times, this discovery shows that there is still plenty of running room in the shallow water Niger Delta.”

News Release

Should gas resource holders target LNG exports or blue ammonia?

15 六月 2023

The acceleration of the energy transition means gas resource holders increasingly face a choice: follow the established pathway and develop new LNG export facilities or pivot into developing blue ammonia.

News Release

US grid-scale energy storage installations record second-straight quarterly decrease

14 六月 2023

Across all segments of the industry, the U.S. energy storage market added 2,145 megawatt hours (MWh) in the first quarter of 2023, a 26% decrease from Q4 2022. The grid-scale segment installed 1,553 MWh in Q1 2023, recording the second-straight quarterly decline and falling 33% below first quarter 2022 installations, according to a new report released today.

News Release

Floating rig utilization rebounds to pre-COVID levels

12 六月 2023

Rig utilization has returned to pre-COVID levels, driving rates up 40 percent in the past year as demand is forecast to increase another 20 percent from 2024-2025, according to a recent report from Wood Mackenzie.

News Release

US solar market registers best first quarter in industry history as supply chains stabilize and Inflation Reduction Act takes hold

08 六月 2023

The US solar industry installed 6.1 gigawatts (GW) of solar capacity and had its best first quarter in history, according to the US Solar Market Insight Q2 2023 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

News Release

Implications of OPEC+ meeting for H2 2023

07 六月 2023

The decision by OPEC+ to extend current production cuts and an additional voluntary 1 million b/d reduction for July from Saudi Arabia should provide support for prices in the rest of 2023, according to Wood Mackenzie.

News Release

Global wind turbine order intake sets Q1 record, increases 27% YOY

30 五月 2023

Global wind turbine order intake hit a new Q1 record, with 23.5 gigawatts (GW) of activity, a 27 percent increase year-over-year, according to a new analysis from Wood Mackenzie.

News Release

Global floating solar to top 6GW threshold by 2031

24 五月 2023

The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies.

News Release

China’s solar exports booming, up 64% in 2022 despite global trade tensions

23 五月 2023

China’s solar exports grew 64% to US$52 billion in 2022 despite global trade tensions, according to latest analysis from Wood Mackenzie.

News Release

Australian E&P companies need resilient and sustainable plans to weather future energy shocks

19 五月 2023

Strong commodity prices have improved short-term resilience for Australia’s largest exploration and production (E&P) companies, but long-term uncertainties remain according to Andrew Harwood, Research Director of Corporate and Upstream Research at Wood Mackenzie. Speaking at the Australian Petroleum Production and Exploration Association (APPEA) Conference in Adelaide, Mr Harwood told delegates that operators must adapt their strategies to be robust enough to handle future bumps on the road to decarbonisation.

News Release

Nuclear needs to be cost competitive with alternative power generation to enable net zero

18 五月 2023

Despite policy support and market growth, the biggest economic hurdle to the uptake of the latest nuclear and small modular reactors (SMRs) is cost, according to Wood Mackenzie report.

News Release

North American gas market to expand by 25 percent over the next decade, despite headwinds

17 五月 2023

Near-term gas market expansion continues to be driven by global demand for US LNG exports, which will largely be supplied through continued growth in Permian associated gas and Haynesville production, according to a recent report from Wood Mackenzie.

News Release

Brent-linked long-term LNG contracts are back in vogue

17 五月 2023

Long-term liquefied natural gas (LNG) contracting activity is off to a strong start in 2023, with around 13 million metric tonnes per annum (mmtpa) of signed in just over four months. Speaking on the sidelines of the Australian Petroleum Production and Exploration Association (APPEA) Conference in Adelaide, Daniel Toleman, Principal Analyst for Global LNG at Wood Mackenzie said that the bullish conditions in the market have continued.

News Release

Australian operators need to collaborate to create super basins

16 五月 2023

Australia’s oil and gas industry needs to urgently fast-track the creation of energy “super basins” to provide a pathway to greater sustainability and cut emissions, according to Anne Forbes, Upstream Research Analyst at Wood Mackenzie.

News Release

Industry leaders to speak at Wood Mackenzie’s Solar & Energy Storage Summit 2023

09 五月 2023

The solar and energy storage industries in North America continue to be catapulted forward by the Inflation Reduction Act (IRA) and the transition to a clean energy future.

News Release

With $9B BM-C-33 FID in Brazil, Equinor to increase its deepwater production outside of Norway to 400,000 boe/d by end of the decade

09 五月 2023

Addressing Equinor’s announced final investment decision (FID) for Brazil’s $9 billion BM-C-33 project, Luiz Hayum, senior research analyst, Latin America and Sub-Saharan Africa Upstream Oil and Gas, said “The BM-C-33 is Equinor’s second FID in a long list of justified for development deepwater projects outside Norway. Once sanctioned, these projects will increase Equinor’s operated deepwater production outside Norway from near zero to 400,000 boe/d by the end of the decade.”

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Search results: 912

North American renewable natural gas market could expand tenfold by 2050 to reach 4 bcfd

Australia leads global market for battery energy storage systems

South American onshore wind power to expand 122% through 2032

Norway’s 800km Barents Sea gas pipeline back on agenda

Canadian LNG has potential to meet growing Asian demand

Australia’s emissions-intensive mines face unforeseen future under new Safeguard Mechanism Scheme Reforms

President Tinubu’s radical reforms signal new economic era in Nigeria

EV charger installations in the US are poised to grow fourfold by 2027

TotalEnergies named most-admired upstream explorer in Wood Mackenzie’s 15th annual Exploration Survey

U.S. and Japan will struggle to hit ambitious hydrogen targets

Rosebank and Cambo fields barometer for the future of the North Sea

Woodside announces Trion field FID, Mexico’s first deepwater oilfield development

US Distributed Energy Resource market to almost double by 2027

Keir Starmer softens stance on UK oil and gas

TotalEnergies discovery in shallow water Nigeria largest in a decade

Should gas resource holders target LNG exports or blue ammonia?

US grid-scale energy storage installations record second-straight quarterly decrease

Floating rig utilization rebounds to pre-COVID levels

US solar market registers best first quarter in industry history as supply chains stabilize and Inflation Reduction Act takes hold

Implications of OPEC+ meeting for H2 2023

Global wind turbine order intake sets Q1 record, increases 27% YOY

Global floating solar to top 6GW threshold by 2031

China’s solar exports booming, up 64% in 2022 despite global trade tensions

Australian E&P companies need resilient and sustainable plans to weather future energy shocks

Nuclear needs to be cost competitive with alternative power generation to enable net zero

North American gas market to expand by 25 percent over the next decade, despite headwinds

Brent-linked long-term LNG contracts are back in vogue

Australian operators need to collaborate to create super basins

Industry leaders to speak at Wood Mackenzie’s Solar & Energy Storage Summit 2023

With $9B BM-C-33 FID in Brazil, Equinor to increase its deepwater production outside of Norway to 400,000 boe/d by end of the decade