• Comment

  Talos shells out US$640m for Gulf of Mexico assets

  • 12 12月 2019

  Talos Energy, in its pursuit of growth in the US Gulf of Mexico, has announced a series of purchases, worth $640 million assets in the region

• News Release

  China to dent global polyester growth in 2020

  • 09 1月 2020

  Chinese polyester market growth is expected to sit at just below 3% in 2020, a marked decline from the strong growth seen between 2018 and 2019. This dip in performance is mainly due to slashed growth for bottle-grade PET, according to Wood Mackenzie.

• News Release

  Increased uncertainty to colour upstream sector’s decision-making in 2020

  • 09 1月 2020

  The level of uncertainty and anxiety among upstream producers and supply chain has rarely been higher. In 2020, decision-making will be more heavily influenced by sentiment surrounding the energy transition, political upheaval and trade disputes than in previous years. This adds to the ever-present risks of unexpected supply-demand imbalance, niche cost inflation or a global economic downturn. What are the biggest trends to watch in the upstream oil and gas business in 2020? Fraser McKay, head of upstream analysis at Wood Mackenzie, sees five key themes.

• News Release

  Cheaper electric cars could help Tesla hit targets by mid-2020s

  • 09 1月 2020

  In Q3 2019, Tesla announced its plans to capture 1% of all car sales globally. With its current portfolio of luxury cars, the company is unlikely to meet that target by the end of the decade. However, if it launches an entry-level car priced at $25,000, Wood Mackenzie projects that Tesla will meet the 1% target as early as 2024.

• News Release

  Can Europe cope if Russia shuts off Ukraine gas transit?

  • 19 12月 2019

  The gas transit and supply contracts between Russia and Ukraine expire at 10 am on 1 January 2020 (Moscow time) – the future of Ukraine transit remains the largest uncertainty for global gas markets in 2020. Murray Douglas, director, European gas at global natural resources consultancy Wood Mackenzie, said: “Ukraine remains the major transit route for Russian gas into Europe – over 76 billion cubic metres (cm) will be transported via Ukraine this year."

• News Release

  Project delays and cancellations to dampen US microgrid growth through 2021

  • 16 12月 2019

  Project cancellations and delays connecting planned projects to the electric grid will lead the US microgrid market to contract 17% from its 2018 peak by the end of this year, according to new research from Wood Mackenzie.

• News Release

  China’s wind repowering market to boom from 2023

  • 17 12月 2019

  According to a new report by Wood Mackenzie, China’s wind repowering market is expected to take off from 2023. More than 21 gigawatts (GW) (cumulative capacity) of China’s wind turbine fleet is expected to be repowered over the next 10 years (2019-2028).

• News Release

  Asia Pacific upstream - 5 themes to watch in 2020

  • 19 12月 2019

  Wood Mackenzie has identified five themes related to project sanctions, exploration, M&A, energy transition and IMO 2020 that will impact Asia Pacific’s upstream industry in 2020.

• News Release

  Anchor's aweigh as Chevron gives nod to US Gulf of Mexico development

  • 12 12月 2019

  Chevron has given the green light to the Anchor development in deepwater US Gulf of Mexico. This is Chevron’s first greenfield final investment decision as an operator since its sanction of Big Foot and Jack/St Malo in 2010.

• Comment

  What does the US-China trade deal mean for refiners - and for the market?

  • 20 1月 2020

  After over a year of trade tensions, the US and China signed a “phase one” trade deal on 16 January. As part of the deal, China has agreed to increase the value of energy imports by US$52.4 billion above 2017 levels over the next two years. What could it mean for the oil market?

• Webinar

  Webinar | Shale service costs in 2020: what is the market telling us?

  • 27 1月 2020

  Last year, costs fell by double-digit percentages for several major spend categories. However, today’s cost environment is considerably different from twelve months ago. Will the deflationary period stick around, or should we expect a change in 2020? During the webinar, our analysts covered topics such as: • Which cost categories fell the most last year, and what was the influence on overall well costs? • E&P budgets will reset in January and, in our view, reverse the rig count freefall. But should we expect costs to turn around as a result? • What could force service costs higher, and when could we expect the market to change? • If costs increase, which components are most at risk and what’s the economic impact?

• News Release

  2020 could mark start of downcycle for China’s petrochemical industry

  • 15 1月 2020

  In a recently published report, Wood Mackenzie predicts the start of a downcycle in China’s petrochemical industry. A supply overhang has already hit the country’s paraxylene (PX) market, with olefins and polyolefins markets almost certain to face the same.

• Comment

  India's 2020 energy outlook

  • 23 1月 2020

  India's 2020 energy outlook

• News Release

  Global copper market to see another year of volatile prices

  • 22 1月 2020

  As we look to 2020, copper is faced with a finely balanced market. For now, positive investor sentiment around copper’s fundamentals is supporting higher prices.

• News Release

  Policy developments to shape global steel markets in 2020

  • 21 1月 2020

  Chinese steel demand will likely peak this year at 890 million tonnes, a growth of 1.5%, according to Wood Mackenzie. With China responsible for half of global steel demand, Chinese government policy remains core to Wood Mackenzie’s view.

• News Release

  Geopolitical tensions set to maintain gold’s allure in 2020

  • 28 1月 2020

  Gold is poised to perform strongly in 2020, with geopolitical risk set to remain elevated, according to Wood Mackenzie.

• News Release

  Uncertainty to cloud global nickel market outlook in 2020

  • 29 1月 2020

  All eyes will be on the Indonesian nickel market in 2020. The knives may be out for the country’s nascent stainless industry but the staggering potential for expansion in NPI may reduce the impact of the nickel ore export ban to a minor inconvenience. Although the global battery sector share of nickel demand is much smaller than other metals, getting the quantity of nickel that EVs will need by the mid-2020s will remain a challenge.

• News Release

  Chinese smelters critical to zinc market balance in 2020

  • 30 1月 2020

  The most important driver of the zinc market in 2020 will be the performance of the world’s zinc smelting industry, according to Wood Mackenzie.

• Comment

  Jebel Ali gas find ‘largest since 2005’

  • 03 2月 2020

  The announcement of an 80 trillion cubic feet (tcf) find at Jebel Ali, on the border between Abu Dhabi and Dubai, is hugely significant for the United Arab Emirates. Liam Yates, an analyst on Wood Mackenzie’s Middle East upstream team, said: “The find ranks as the largest global gas discovery since Galkynysh (South Iolotan). The Turkmen field was discovered in 2005."

• Opinion

  Collaboration in the Carnarvon Basin

  • 04 11月 2018

  Can big players in the Carnarvon Basin lose the ego and play nice for the greater good of Australian LNG?

• The Edge

  What if the energy transition accelerates?

  • 14 11月 2018

  What if the energy transition accelerates? And what that could mean for renewables, coal, oil, gas and emissions. Simon Flowers investigates.

• Opinion

  Russia also matters in refining, but has its appetite to invest waned?

  • 21 11月 2018

  Russia is a major energy exporter and a key player in the global energy market. Despite its 6.5 million barrels per day of refining capacity, its critical role in the global refining industry is not often recognised. Alan Gelder explains Russia's role and influence in the global energy market.

• Editorial

  A new era for unconventional value

  • 30 11月 2018

  Project Production Management could reduce unconventional well cost and cycle time by more than 25%

• Editorial

  Chinese wind asset owners venture out on global stage

  • 30 10月 2018

  As conditions on their home ground become more challenging, Chinese asset owners are branching out abroad, investing in markets like Australia.

• Opinion

  Simon Flowers explores LNG trends and long term outlook

  • 28 11月 2018

  Simon Flowers' perspective on the growth of electric vehicles, the growing role of the US in global LNG markets, and more.

• The Edge

  Geopolitics and the transition from oil to electric vehicles

  • 23 10月 2018

  Will geopolitics forever dog the transportation sector, even when electric vehicles (EVs) replace internal combustion engine (ICE) vehicles? Simon Flowers investigates.

• Featured

  When, why and how is the global energy transition going to happen?

  • 16 10月 2018

  When, why and how is the great fuel switch going to happen? The great energy transition is already underway - we do the maths.

• Editorial

  Anticipating 88 GW of residential flexibility in the US

  • 04 10月 2018

  Grid-connected devices can help alter load shape, but the future hinges on customer demand, rate design and incentives. Read more.

• Editorial

  5 factors that will cushion the PTC phase-out in the US

  • 07 8月 2018

  We present five drivers that will sustain demand for new wind capacity additions in the market during this time.

• Featured

  Pulling the handbrake on the electric vehicle revolution?

  • 08 10月 2018

  What role do battery raw materials such as cobalt, nickel and lithium play in the electric vehicles revolution? Our analysis indicates that achieving EV penetration rates of over 10% by 2030 with the current battery technologies presents a challenge.