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The total global announced capacity for hydrogen projects reached 71.4 million tonnes per annum (Mtpa), but 2022 falls short of becoming a record year according to latest analysis from Wood Mackenzie.
The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie.
Addressing the Saudi Ministry of Energy’s instructions to Saudi Aramco to abandon its 13 million barrels per day (b/d) target and maintain 12 million b/d, Ann Louise Hittle, vice president of Oil Markets for Wood Mackenzie, said “Based on our forecast for oil demand to peak in 2030, the shift to a 12 million b/d target from 13 million b/d should be absorbed in the market and not cause a tightening in the supply and demand balance this decade.”
A new report on green hydrogen from Wood Mackenzie shows promise for the emerging technology.
Where and how is digitalisation likely to impact upstream oil and gas? In our latest research, we take a closer look at the huge prizes on offer at every stage of the upstream lifecycle.
In the early hours of 13 June, Israel launched a large-scale attack on Iran, escalating tensions with significant consequences for global oil and gas markets. In response, Israel has halted operations at its Leviathan and Karish fields, suspending exports to Egypt and Jordan. Meanwhile, the Strait of Hormuz — through which nearly 20% of the world's LNG exports and close to 20% of global oil…
Can EU legislation support regional chemicals production and halt the current wave of asset closures? In polyolefins, from 2024 to 2035, we estimate that legislation will limit capacity closures to 15% of European capacity rather than 20-25%. The measures will be necessary but not sufficient to fully protect the current industrial structure.
2018 was a record-breaking year for energy storage. The market looks set to flourish as the energy transition accelerates. Find out what's behind the boom and which countries are leading the change.
What's new in store? Get the highlights from some of our most popular insights across the entire natural resources value chain. This week, the long-term outlook for Europe power markets, the Chevron acquisition of Anadarko and more.
As we enter 2019, the mood in the LNG market is mixed. The big LNG buyers are back, and we are set for a record year for supply in terms of both production growth and new project FIDs. What will 2019 look like? And what could happen that will shape the market longer term?
The impact of major demand drivers, customer preferences, protectionism and regulatory changes are shifting the priorities of players in the polyolefins markets.
How will the rise of electric vehicles impact the future of transport and the natural resources industry? In 2018, our experts have been exploring what that means for oil, metals and power markets around the world.
Electric vehicles and energy storage are dominating the metals and mining space. The supply scramble continues and some companies such as Toyota have gone 'upstream' and bought equity in lithium mines. Will this continue?
What should the global polyethylene industry brace themselves for in 2018?
The show will soon be over for Dupont and we can say that this respected name once synonymous with polyester film has “left the building”.
Understand why Spandex market growing twice as fast as other fibres. See more.
All eyes have been on US tight oil breakevens and the Permian boom during the past few years. But as deep water exploration has become leaner, this part of the industry has been quietly recovering and improving its own economics.
What might happen over the next 12 months? We explore six key trends.
It’s time for the rapier as well as the broadsword. Better visibility of third party spend may be vital
In 2020, our global analysts produced an outstanding body of research to help steer our clients through the challenges and uncertainty of the Covid-19 pandemic. Our annual Research Excellence Awards celebrate the very best of that compelling and timely insight.
A case study on how Fishtail leverages Vesseltracker’s terrestrial AIS to accurately predict CO2 emissions
Gas has a central role to play in the energy transition. But with weaker returns than oil, what does this mean for full-cycle economics?
The exploration sector heads into 2020 facing increasing pressure from the energy transition. While capital discipline and portfolio high-grading remain key, the shift to a low-carbon world poses a fundamental challenge, and this year is likely to show the sector’s direction of travel in the years ahead.
How will the oil price crash hit upstream spending? What supply might be shut in? Where does this leave the upstream service sector? Our experts share their analysis.
Metals enable the energy transition through their use in low-carbon technologies, but the production of metal is emissions-intensive. How can the metals and mining industry ramp up production to meet demand while finding its way to net-zero emissions? Is electrification the answer? Read on to find out.
The world's relationship with plastic and other materials is unsustainable. Find out about the materials transition and what plastics can learn from the energy industry.
We recycle a fraction of the metal that we extract – despite the fact that most can be reused infinitely. Is that set to change? How much scrap could be recovered? And is it possible to eliminate the need for mining and processing primary metal?
After a turbulent start to the year, geopolitical factors around the world could have a significant impact on the oil market outlook this year.
No other power-generation technology matched solar’s pace of cost reduction this past decade. The game will change again in the 2020s.
The oil and gas industry faces a cautious yet ambitious 2025
The combustion benefits of gas versus oil and coal are clear, and using LNG has improved air quality in China, South Korea and India. This episode of The Big Chill podcast asks: can LNG get greener?
Gold is back in the spotlight, but the resurgent price highlights a challenge. Insufficient exploration spend has left gold reserves significantly depleted – but three factors could help to avert a fall in supply.
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