• News Release

  Japan to lose top LNG importer position to China by 2022

  • 23 7月 2019

  According to a new report by Wood Mackenzie, Japan could lose its pole position as the world’s top LNG importer to China as early as 2022.

• News Release

  Europe’s flexible packaging market will be worth over €16 billion by 2023

  • 23 7月 2019

  Europe's flexible packaging market is predicted to achieve a compound annual growth rate (CAGR) of 2% over the next five years to reach over €16 billion in 2023.

• News Release

  Permian midstream bottlenecks may choke output

  • 24 7月 2019

  Rapidly rising production in the Permian basin has led to soaring levels of associated gas, outpacing pipeline infrastructure and placing increasing slowdown pressure on other production streams like crude oil and natural gas liquids (NGLs), Dr Eugene Kim, Research Director, Americas Gas, told delegates at the Unconventional Resources Technology Conference (URTeC) in Denver.

• News Release

  Produced water poses growing risk to Permian production growth

  • 24 7月 2019

  Rising produced water volumes and expanding costs pose a significant risk to production growth in the Permian basin, Ryan Duman, Senior Analyst, Lower 48, told delegates at the Unconventional Resources Technology Conference (URTeC) in Denver.

• Comment

  BHP unveils five-year US$400m climate investment plan

  • 24 7月 2019

  BHP’s chief executive Andrew Mackenzie unveiled a five-year, US$400 million climate investment program om 23 July, with a commitment to reduce Scope 1, 2 and 3 emissions. The Australian miner will seek to scale up low-emissions technologies to decarbonise its operations, including investment in nature-based solutions and collective action to reduce Scope 3 (end-use) emissions.

• News Release

  Resilience to drive US microgrid growth

  • 08 8月 2019

  The US microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out resilient solutions, new research from Wood Mackenzie found.

• News Release

  No-Deal Brexit won’t sound death knell for UK refiners

  • 23 8月 2019

  Despite speculation that a No-Deal Brexit would have a severe impact on the UK refining industry, Wood Mackenzie’s analysis indicates that while the sector’s dynamics would shift and margins will narrow, it would not be crippled.

• News Release

  Verisk to Acquire Genscape

  • 26 8月 2019

  Acquisition will extend Verisk’s expertise in commodities intelligence as part of its Wood Mackenzie business

• Comment

  Lift off as Sputnik partners hit oil

  • 20 8月 2019

  Commenting on Equinor, OMV and Petoro’s Sputnik discovery, Jamie Thompson, an analyst with Wood Mackenzie’s North Sea upstream team, said: “Despite being small and remote – it lies more than 300 kilometres from shore in the northern Hoop area of the Barents Sea - Sputnik has a high chance of commerciality. The aptly-named field could be a satellite of the pre-FID 440 million-barrel Wisting development, which is just 30 kilometres from Sputnik.

• Opinion

  M&A shake-up on the horizon for the Australian upstream sector

  • 29 8月 2019

  We’ve identified a potential US$32 billion worth of assets that could change hands in the next few years. Many of these deals are long in the planning and reflect wider trends in the Australian and global upstream sectors. We’ve bucketed our pick of the deals into three key themes.

• News Release

  China’s gas production to double to 325 bcm in 2040

  • 28 8月 2019

  Though set to become the world’s third largest gas producer by 2027, China’s imports will still grow in the long term. One key contributing factor is lower forecast in domestic gas production particularly in shale gas and coal bed methane (CBM), according to recent research by Wood Mackenzie.

• News Release

  Global wind turbine fleet to consume over 5.5Mt of copper by 2028

  • 02 9月 2019

  Over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and 2028. This will consume in excess of 5.5Mt of copper, according to a recent analysis by Wood Mackenzie.

• Opinion

  Southeast Asian NOCs show growing appetite in global M&A market

  • 02 9月 2019

  I’ll bet that if you ask anyone with an interest in the global upstream M&A if they could name the top three spenders through the first half of 2019, they would struggle to name the third. The easy one is Occidental (Anadarko), second place is Total through its acquisition of Anadarko’s African assets. But who was the third largest acquirer by spend in H1 2019?

• News Release

  US wind to peak in 2020 with 14.6 GW as Production Tax Credit expires

  • 12 9月 2019

  Highlights from Wood Mackenzie's 2019 North America wind power outlook

• News Release

  China’s steel demand growth to slow as property policy tightens

  • 12 9月 2019

  Chinese president Xi Jinping’s mantra that “houses should be for living in, not for speculation” has been used to allude to the government’s policy to curb rising property prices for the past couple of years. Despite the cooling measures, steel demand in the property sector has shown resilience.

• News Release

  China’s e-bus stock to surpass 1 million mark by 2023

  • 16 9月 2019

  Fuelled by public policy and declining battery costs, global electric bus adoption is set to triple by 2025. The Chinese market - the most promising in this sector - will surpass the 1 million e-bus mark by 2023 and reach 1.3 million by 2025, according to new research from Wood Mackenzie.

• Comment

  Attack on Saudi Arabia's oil facilities

  • 16 9月 2019

  This attack has material implications for the oil market, as a loss of 5 million barrels per day of supplies from Saudi Arabia cannot be met for long by existing inventories and the limited spare capacity of the other OPEC+ group members. A geopolitical risk premium will return to the oil price.

• Comment

  ExxonMobil to sell upstream assets in Gippsland Basin

  • 18 9月 2019

  ExxonMobil putting its entire Gippsland Basin upstream portfolio up for sale represents big news for the Australian upstream and gas market.

• Comment

  MEG and polyethylene spot prices jump after Saudi drone attack

  • 17 9月 2019

  Spot prices of monoethylene glycol (MEG) and polyethylene (PE) have spiked in Asia, following news of the drone attacks on oil facilities in Saudi Arabia over the weekend. These two commodities are the two main chemical exports of the region.

• News Release

  Wind power outlook in Eastern Europe and Russia upgraded by 17% QoQ over next decade

  • 25 9月 2019

  An auction-triggered awakening in Poland and a growing confidence in developers' ability to comply with local content requirements in Russia led to a 17% wind power capacity increase QoQ in Eastern Europe and Russia, according to new research from Wood Mackenzie.

• News Release

  Global automotive industry to drive industrial textile demand

  • 23 9月 2019

  Airbags are a core and growing part of the industrial textile portfolio. Current global airbag yarn demand sits at 164 ktpa and is expected to reach 237 ktpa by 2025, according to a new report from Wood Mackenzie.

• Comment

  Japan to invest additional $10 billion in global LNG infrastructure projects

  • 26 9月 2019

  Japan is planning to invest an additional $10 billion to develop infrastructure mainly in new and developing markets in the India sub continent and Southeast Asia, reflecting a shift in priorities.

• Comment

  ExxonMobil farewells Norway with US$4.5bn Vår Energi deal

  • 27 9月 2019

  ExxonMobil is selling its Norwegian business to Eni/HitecVision-owned Vår Energi for US$4.5 billion, Norway’s biggest deal since the Statoil-Norsk Hydro merger in 2006.

• News Release

  China’s pipeline reform: expect higher gas prices in the short-term

  • 09 10月 2019

  New research from Wood Mackenzie indicates that the creation of a national pipeline company in China is a step in the right direction but will result in higher end-user prices in the short-term as the country tries to balance institutional reform with implementation risks.

• Comment

  Total begins construction of third solar power plant in Japan

  • 08 10月 2019

  Total Solar International has begun construction of Miyagi Osato Solar Park, a large-scale solar plant in Japan.

• Comment

  Brazil licensing round sets record as Majors eye November's prizes

  • 10 10月 2019

  Brazil's Licensing Round 16 set a record – the BRL 8.9 billion (US$2.2 billion) in signature bonuses is the highest yet for a Brazilian round. Of the 36 blocks on offer, 12 were awarded, all in the prolific offshore Campos and Santos basins. Malaysia’s Petronas, Qatar’s QPI, Spanish producer Repsol and the US’ Chevron all bid high. QPI and Petronas were the biggest spenders of the day, as well as Petrobras. Only Campos and Santos basin blocks were awarded, with frontier acreage failing to attract interest.

• News Release

  Renewables growth may close green hydrogen cost gap by 2030

  • 22 10月 2019

  Green hydrogen production can compete with fossil fuel-based hydrogen by 2030 in Australia, Germany and Japan, should renewable power prices reach US$30 per megawatt hour (MWh), new research from global natural resources consultancy Wood Mackenzie indicates.

• News Release

  Packaging industry’s sustainability drive good news for BOPP film

  • 23 10月 2019

  The global Biaxially Oriented Polypropylene (BOPP) film market has seen demand grow by just under 5% per annum over the last five years. The main driver of growth has been the demand for flexible packaging, particularly in China and South East Asia, according to Wood Mackenzie’s latest ‘BOPP Film Global Supply Demand Report’.

• Content

  Energy Pulse

  • 05 11月 2019

  How do the interactions of politics, finance and technology impact the world of energy? Every week in Energy Pulse, Ed examines the forces driving the week's biggest stories.

• Comment

  Alpek acquires UK PET facility from Lotte Chemical

  • 30 10月 2019

  ALFA Mexico has announced that its subsidiary, Alpek, has signed an agreement with Lotte Chemical Corporation to acquire its 100% stake in Lotte Chemical UK Limited. The deal includes a PET asset, with an installed capacity of 350 ktpa, in Wilton, England.