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Ancillary services are crucial for reliable and safe operation of a power system. Redesign of such markets in Asia Pacific could kickstart the uptake of grid-scale batteries in the region.
In 2023, China achieved record solar export volume growth across all subcomponents, driving manufacturing expansion in emerging markets
Why should LNG emissions matter to Japanese buyers?
The threat from tropical cyclones makes real-time intelligence essential to anticipating Japanese oil markets.
Will Asia Pacific's recent hot streak in attracting renewed interest from the Majors and other IOCs continue in 2025?
There are two mining areas, Yanlong and Lindai (which along with Changchonghe and Maiba forms Guizhou #2). The mines are captive suppliers to the Guizhou refinery. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a…
Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the…
Chinese companies installed 24 GW of power generation projects in Belt and Road countries in 2024 - twice the capacity reached in 2023 – and the demand continues to grow
Global LNG supply is set to surge by 40% by 2030, raising a critical question: how much of the expected demand growth will actually materialise in Asia?
Despite short-term headwinds, sizeable long-term growth potential still represents a significant opportunity.
Chinese policy pivots and supply cuts mean developers will pay more to procure equipment from Q4 2025
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.
For more than 100 years Asia played a fundamental role in the growth of the Majors. Could this finally be coming to an end?
In its latest short-term gas and LNG outlook report, Wood Mackenzie weighs the risks coronavirus, sustained low oil prices and LNG oversupply pose to the sector this year.
Can the rest of the world compete with China?
2021 will be a defining year for the gas and LNG industry, says Wood Mackenzie in its latest outlook report.
Join us on this upcoming webinar where our industry experts will discuss how and where the ripples will be felt as we edge nearer to the implementation date of 1st January 2020.
The oil price crash has hit the upstream sector hard. Deep cuts are being made across the board, but it will have a dramatic impact on the industry’s project pipeline. Global natural resources consultancy Wood Mackenzie believes almost all pre-FID projects will be deferred. Of the 50+ projects we identified with potential to go ahead this year, only 10 have a chance of proceeding, but all are at risk.
Can China's shale oil industry replicate US success?
For the global and regional energy sector, Kazakhstan’s stability matters. What are the short- and long-term consequences of recent events?
金属与矿业年终复盘会：数据盘点 × 策略前瞻
China's luckiest number is 8 – so we posed 8 questions to Steve Jenkins, Vice President Consulting - Chemicals, Polymers & Fibres about China's petrochemicals market.
Higher base chemicals demand and feedstock security for heavy naphtha are driving the development of a new wave of mega-integrated refinery and chemical sites in China. Private Chinese chemical producers, including Hengli and Rong Sheng, are back-integrating their chemical plants with refineries by building mega-integrated facilities. Wood Mackenzie expects these projects to come on stream in the next 12 to 24 months.
Wood Mackenzie’s latest analysis reveals that sustainability and resilience will be at the heart of the oil and gas industry story in 2021.
South Korean conglomerate POSCO has made a surprise move on Australian gas producer Senex Energy making its first foray into the country’s upstream industry.
A sizeable discovery is significant for Quadrant, whose private equity backers are looking to exit, and Carnarvon, which is a pure-play explorer. A standalone oil discovery is easier to monetise than gas, as it does not require LNG contracts or gas infrastructure.
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?
South Korea’s draft 11th Basic Plan—the road less travelled: a different path to energy transition
As spot prices fall to multi-year lows we look at four key drivers, from port restrictions to the US-China trade dispute.
The US takes a lead by incentivising equipment manufacturers.
The grounding of the 400-metre, 224,000-tonne Ever Given cargo vessel in the Suez Canal last Tuesday inevitably sparked concern across the global economy and, while the vessel is now afloat and traffic has resumed, will have once again reminded Asian countries of the risks such trade arteries continue to present.
We explore the impact of China's new rules on solar PV overcapacity, pricing and market dynamics
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