• News Release

  Global energy storage capacity to grow at CAGR of 31% to 2030

  • 30 9月 2020

  Wood Mackenzie’s latest report shows global energy storage capacity could grow at a compound annual growth rate (CAGR) of 31%, recording 741 gigawatt-hours (GWh) of cumulative capacity by 2030.

• News Release

  Portfolio resilience and sustainability at the core of corporate concerns

  • 20 10月 2020

  Wood Mackenzie’s 2020 Energy and Commodities Summit Asia Pacific edition kickstarted yesterday. Experts shared their views on how the energy sector is changing in light of the oil price crash, Covid-19 and the latest carbon-neutrality trends.

• News Release

  Southeast Asia’s wind power needs US$14 billion new investments by 2030

  • 22 9月 2020

  Southeast Asia’s wind power sector requires at least US$14 billion of investments by 2030, says Wood Mackenzie. This is to support the 8.9 gigawatts (GW) of new wind power capacity that Wood Mackenzie expects to be added between 2020 and 2029.

• Comment

  China pledges to be carbon-neutral by 2060

  • 23 9月 2020

  On 22 September, China announced its ambition to be carbon-neutral by 2060. Wood Mackenzie experts weigh in on what this means.

• News Release

  Indonesia’s straddle between gross split and cost recovery is positive step forward

  • 17 9月 2020

  Introducing a choice between gross split and cost recovery for new licences is a positive step forward for Indonesia's upstream sector, says Wood Mackenzie.

• News Release

  Green hydrogen cost to halve by 2030 - a boost to South Korea’s hydrogen ambitions

  • 20 8月 2020

  Onsite green hydrogen production cost is expected to halve by 2030, signalling a boost to South Korea’s hydrogen ambitions, says Wood Mackenzie.

• News Release

  Japan to exceed 2030 renewables target supported by US$100 billion investments

  • 19 8月 2020

  Over US$100 billion of investment in wind and solar power plants are expected to push the renewables share to 27% of Japan’s generation mix by 2030, exceeding the country’s target, says Wood Mackenzie.

• News Release

  China to add 251GW of new wind capacity by 2029

  • 03 8月 2020

  China is expected to add 251 gigawatts (GW) of new wind capacity between 2020 and 2029, says Wood Mackenzie. The country’s wind power market could reach a cumulative grid connected capacity of 461GW by the end of the decade.

• News Release

  Global lithium-ion cell manufacturing capacity to quadruple to 1.3 TWh by 2030

  • 11 8月 2020

  Wood Mackenzie’s latest report shows that global lithium-ion cell manufacturing capacity pipeline could rise fourfold to reach 1.3 terawatt-hour (TWh) in 2030 compared to 2019.

• News Release

  India’s new deepwater supply could face pressure from low spot LNG prices

  • 21 7月 2020

  India’s new deepwater gas production could be under pressure from low spot LNG prices, says Wood Mackenzie.

• Webinar

  Webinar | 2020 South Korea Gas and LNG Outlook

  • 30 7月 2020

  Even before the coronavirus pandemic, oil price crash and ensuing economic upheaval, 2020 was shaping up to be one of oversupply for global gas markets. While the events of early 2020 heavily impacts all players in the market this year, the effects will also linger into the future. Will coronavirus flatten the gas and LNG price curve? Join us as our analysts discuss the four key questions of our H1 2020 global long-term outlook and the latest trends emerging in the South Korean gas and LNG market:

• News Release

  Asia Pacific’s oil demand to fall in 2020 but could rise 25% by 2040

  • 28 7月 2020

  According to a new report by Wood Mackenzie, oil products demand in Asia Pacific is expected to fall by 1.8 million barrels per day (b/d) year-on-year in 2020.

• News Release

  Subsidy cuts could slash Chinese wind turbine OEMs’ margins by half

  • 18 6月 2020

  China’s wind turbine original equipment manufacturers (OEMs) could have their gross profit margins halved due to subsidy cuts, says Wood Mackenzie.

• Comment

  Shell's write-down of Australian assets not a surprise

  • 01 7月 2020

  It’s no surprise to see Shell writing down the value of its assets, in line with the new post-pandemic energy demand outlook. In fact, we’ve revised the value of oil and gas assets in Asia Pacific by US$200 billion as a result of a lower oil price outlook.

• Comment

  Shenhua and Guodian merger will create world's largest power utility company

  • 06 9月 2017

  On Thursday 3 August China Shenhua and China Guodian Corporation submitted a merger proposal to the State Council. If approved the new company, National Energy Investment Corporation (NEIC), will become the world's largest power utility company (power capacity wise) ahead of EDF and Enel.

• Comment

  Cambodia's first oil development takes major step forward with signed agreement with KrisEnergy

  • 07 9月 2017

  Singapore –listed E&P company KrisEnergy today signed fiscal and technical agreements with the Royal Government of Cambodia for the Block A Apsara oil development.

• Comment

  US$500 billion worth of investments needed to meet burgeoning power demand

  • 20 9月 2017

  In celebration of ASEAN's 50th anniversary, our APAC gas and power senior analyst, Edi Saputra, reflects on ASEAN's energy developments and what to look out for in the coming years

• News Release

  Return of Asian investment in US tight oil

  • 08 5月 2017

  If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.

• News Release

  US$40 billion worth of opportunities in Asia-Pacific upstream M&A in 2017

  • 18 1月 2017

  According to research by Wood Mackenzie, the APAC upstream sector holds considerable value as the majors divest mature and mid-life assets in the region.

• News Release

  Australian gas shortages loom as LNG exporters and domestic consumers compete for supply

  • 11 9月 2018

  The pace and scale of transformation in the east Australian gas market over the past five years has put gas – both its availability and its pricing – firmly on the country’s political agenda. Global natural resources consultancy Wood Mackenzie today releases its Australia East Coast Gas Market Outlook 2018-2032. The report offers a comprehensive overview of the dynamics shaping the gas market, including the drivers of domestic gas demand, how gas flows will change and price dynamics.

• Comment

  Petronas takes 10% stake in Oman’s Khazzan development

  • 23 10月 2018

  Malaysian NOC Petronas buys a 10% interest in Oman's Khazzan development

• Comment

  Will Trump's Beijing trip win some LNG deals for the US?

  • 08 11月 2017

  The Trump administration has been championing US energy exports as its preferred instrument for narrowing its trade deficit in the wake of the US shale boom. A combination of rising export capacity in the US, LNG import demand growth in China, and political cheerleading has underpinned an uptick in LNG exports to China this year via third party, spot trades. Will Trump's trip to Beijing seal the deal for some major LNG deals?

• Comment

  India's GST - A boon for oil markets?

  • 16 11月 2017

  The introduction of India's Goods and Services Tax (GST) has lifted oil demand in the country this year. Crude oil, natural gas, diesel and gasoline are currently exempt from the GST. However, diesel and gasoline demand are indirectly affected by the impact of GST on vehicle prices and sales, especially in the logistics sector.

• Comment

  Can LNG save China from winter gas shortage?

  • 22 11月 2017

  China's introduction of the '2+26' cities policy earlier this year calls for restricted use of coal for both residential heating and industrial purposes. This has significant ramifications for the Chinese winter season where demand is traditionally high. As an alternative to coal, gas demand could rise by 23 bcm this year compared to previous winters. Facing the most severe shortages is northern China, particularly Beijing, Tianjin and Hebei (abbreviated as BTH), where demand is highly seasonal. This region will make up half or 10 bcm of the incremental winter gas demand in 2017.

• Comment

  China's waste plastic ban could pave way for South East Asia's dominance

  • 04 12月 2017

  The sub region of South East Asia could potentially become a world leader in importing plastic waste, according to PCI Wood Mackenzie's 'RPET China Study – China Waste Import Ban 2017'.

• News Release

  New dual-credit scheme can elevate Chinese electric vehicles industry

  • 19 1月 2018

  Under heavy subsidies from the government, China's electric vehicles (EV) market has grown exponentially to overtake the United States as the world's largest EV market. However with subsidies fading out in two years' time, the Chinese government and EV manufacturers are pressed for time to sustain the growth momentum in EVs. Wood Mackenzie's latest research reveals that China's proposed dual-credit scheme can reshape the EV market for a more sustainable development beyond the abolishment of subsidies in 2020. The EV penetration rate is projected to hit 17% in 2035 as a result.

• News Release

  Offshore decommissioning in Asia Pacific could cost US$100 billion

  • 01 2月 2018

  According to Wood Mackenzie's latest analysis, decommissioning Asia Pacific's offshore assets – nearly 2,600 platforms and 35,000 wells – could cost over US$100 billion.

• News Release

  Will a shifting global market embrace US crude?

  • 05 3月 2018

  A new study by Wood Mackenzie, examines this shift in the oil market, and assesses the challenges and opportunities facing the market and US producers and midstream operators.

• News Release

  Chinese shale gas production to almost double in two years

  • 17 4月 2018

  Shale gas in China has seen significant progress over the last decade, growing to nearly 600 wells and 9 bcm of production last year. In its latest analysis, Wood Mackenzie projects Chinese shale gas production to almost double to 17 bcm in 2020.

• Comment

  China retaliates with tariffs on $34 billion worth of US goods

  • 18 6月 2018

  Following China's imposition of retaliatory tariffs on US goods over the weekend, our experts weigh in on the potential impact the move will have on different commodities.