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Could Venezuelan production and refining capacity return to relevance?
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As the region attracts new interest from explorers, Thailand hopes licencing can unlock new re-sources.
A year shaped by policy uncertainty, supply growth, and structural shifts in refining and trade flows.
Effective licencing is a critical enabler for carbon storage projects in the Asia Pacific region.
Asia Pacific's upstream sector is shifting gears, and the corporate and asset landscape is changing. Complex mega-projects are being shelved as operators prioritise execution certainty and speed over scale.
Our experts' predictions for 2026
2026 marks the inaugural year of China's 15th Five-Year Plan (2026-2030) and represents a pivotal period in the country's journey toward achieving the carbon peak by 2030
2025 was a year of accomplishments and challenges for Asia Pacific markets
As India Energy Week takes place in Goa, we explore how the country can balance growth, energy security and the transition effectively.
Will rising demand, new exploration activity and a refresh of government policy bring renewed confidence in Asia-Pacific's upstream industry in 2019? Wood Mackenzie's research director Andrew Harwood shares his thoughts.
The outlook for Japan's offshore wind sector is looking positive as the country’s capacity is projected to reach upwards of 4 gigawatts (GW) in 2028, a 62-fold increase from last year, new research from Wood Mackenzie indicates.
The benchmark Newcastle high energy thermal coal price has fallen from US$100/tonne at the turn of the new year to US$88/tonne. Thermal coal has been hit in early February due to seasonality of purchasing in the lead up to Chinese New Year and customs delays impacting Australian vessels into China. Will this move be another short-term blip and mirror the volatility seen last year, or is a broader correction at play?
Asia-Pacific's upstream industry has been plagued by declining oil production, exploration and licensing activity. Since 2014, exploration investment in the region has fallen 66% to around US$6 billion in 2018, reducing the hopper of new development opportunities.
It is election season in Asia Pacific. While Thailand heads for the by-elections following voting irregularities, India, Indonesia and Australia will also head to the polls this year. Who will win? How will the energy sector be impacted? What do investors need to consider?
In the latest APAC Energy Buzz, Wood Mackenzie's Asia Pacific Vice Chair, Gavin Thompson, shares the implications of the ongoing US-China trade disputes on the energy sector.
I’m just back from Tokyo and a key theme for many Japanese energy companies continues to be future investment in E&P and whether long-term growth in oil and gas demand will materialise given the pace of energy transition.
In 2019, the total ethylene capacity from CTO/MTO units reached 5.21 million tonnes per annum (Mtpa), accounting for 21% of China’s total ethylene capacity. However, CTO and MTO development has slowed due to high methanol prices and environmental controls, as well as the threat from a new wave of steam cracker investment in China.
Chinese Big Tech is now working towards greener clouds, but it is China’s push for blue skies that is making this happen.
Without action, a disorderly energy transition across Asia Pacific is looming.
In this edition of Horizons, we consider the implications of higher Indian growth for global energy markets.
The world cannot decarbonise without major investment in copper. This Horizons highlights the scale of investment required in new copper mine supply, the implications for downstream processing and semi-manufacturing. China continues to dominate these sectors for copper.
Dive into the hydrogen rainbow & explore carbon emissions insights focusing on colour to project-level carbon intensity for companies crafting strategies.
What the end of China's 'zero Covid' strategy means for global energy and natural resources
The energy crisis shows little sign of loosening its grip and the world feels a long way from the low-carbon, low-cost energy future heralded by governments at COP26. Read more.
Access real-time power plant output and transmission flow data across the Japanese power markets.
Japan’s new energy plan reshapes its path to net zero, balancing nuclear, renewables and LNG for a secure energy future.
Four reasons the industry has started to invest again.
Last week in Singapore, sector leaders, including CEOs, took to the stage for Wood Mackenzie’s 6th APAC Energy and Natural Resources Summit. The theme was ‘Rebooting Asia’s energy transition’.
How India fuels its future growth
Wood Mackenzie hosted its first Global Gas, LNG and the Future of Energy conference featuring keynote speakers from across the industry. These are our five key takeaways from the event.
Renewables now dominate new projects under construction
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