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The PTA market was already grappling with global overcapacity when the pandemic piled on the pressure.
Make no mistake, China is the world’s most important gas market. Why? Because today, as demand stalls in so many parts of the world, China is the engine of global gas growth.
Global gas demand has proved resilient despite widespread coronavirus lockdowns - but supply dynamics are more challenging. Will gas and LNG demand continue to recover? And what forces will shape the market over the next two decades?
The risk of a second wave of lockdowns is mounting, and with it the risk of an even deeper global recession. What would this mean for oil and gas market dynamics? And what are the implications for industry stakeholders?
Bold assumptions, but not unrealistic. But what would happen with a second wave of prolonged, nationwide lockdowns? What would this mean for economic activity? How will oil and gas supply and prices be affected? Will Asia’s demand-led recovery be blown off course?
As the battle against the coronavirus outbreak intensifies across the globe, positive news is in short supply. But in a world turned upside down, rising levels of air pollution in China indicate that a recovery is now underway.
The coronavirus crisis will cause global wind additions in 2020 to decline by 4.9GW when compared to Wood Mackenzie’s previous projections. Due to other market changes since Wood Mackenzie’s Q4 2019 update, total forecast wind additions for 2020 is now expected to be 73GW.
Having demonstrated remarkable resilience for the past two months, the price of iron ore has taken a big hit this week – and we think it's the start of a trend, not a blip.
The regasification sector is in a strong position despite the short-term hit from Covid-19. Investment in further capacity is increasing, driven by the likelihood of robust long-term LNG demand growth.
With declining production from the joint venture’s fields, the NWS may be forced to reduce exports unless new gas is secured.
The UK's 32nd Offshore Licensing Round can be considered a success, but what is the future of licensing in the UK North Sea?
Without action, a disorderly energy transition across Asia Pacific is looming.
The cost of the threatened 10% tariff on oil and gas would fall mainly on Canadian producers, because they are tied to the US market
The role of artificial intelligence in energy management is an exciting development. We examine how AI is transforming strategic forecasting, risk management and optimisation in energy infrastructure.
WTI above $50 means US E&Ps can hold production flat while paying down debt. But will they be tempted to go for growth?
Excess capacity has sent solar panel prices tumbling. In the early 2010s, the stretch goal was to get the cost down to 50c a watt. Now they are selling in China for just 11c. That is great for solar deployment, but less good for manufacturers.
From exploration in the deepwater Atlantic margin to LNG momentum and licensing rounds, a look at key themes this year.
Countries including China and India want the climate talks to address unilateral measures such as the EU’s CBAM and the US Inflation Reduction Act.
On the Interchange Recharged today, we are joined by a panel of industry guests to identify the paths to safe, reliable nuclear power.
Green hydrogen is facing an identity crisis, but is the future really blue? Join us as we explore the challenges, financing issues and opportunities shaping the hydrogen energy market
Digitization is transforming the way energy is produced, directed and spent. On the show today, we look at the technology that’s evolving at a rapid rate and enabling clean energy to flow to the right places.
Record offshore wind tenders, surge in storage demand, a floating solar expansion, solar tariffs and more.
REEs are used in many key industries: electrical, oil, wind and electric vehicles. Where are they found and what's their role in the energy transition?
Breaking down the impact of US tariffs on energy, trade and global markets
“It’s not easy, but it’s feasible” was the verdict of EU climate chief Frans Timmermans as the bloc announced its ambitious goal of reducing imports of Russian gas by around two thirds this year. With this implying something in the order of 100 bcm of supply, we do not share Mr Timmermans’ optimism.
Accelerating electric vehicle sales continue to dominate battery raw material demand – while stationary energy storage applications are growing fast.
System prices remain high as supply chain constraints and policy uncertainties create a high-risk environment for US solar PV development.
Total forecasted buildout of US utility-scale solar is expected to reach 172 GW by 2027 – if the climate provisions in the Build Back Better Act are passed later this year.
Exploding demand for vital energy transition resources will only be met through better collaboration between all stakeholders, and the right fiscal structures
Demand for energy storage will expand nearly nine-fold over the next decade, supported by the rise of renewables.
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