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News Release
AFPM 2019: Over $200 billion to be invested in U.S. petrochemicals industry
- 26 March 2019
The U.S. petrochemicals industry is experiencing an investment renaissance, Steve Zinger, Wood Mackenzie Chemicals Senior Vice President, said during his appearance at AFPM's 2019 International Petrochemical Conference.
News Release
Amazon’s packaging transition boost for U.S. flexible plastics industry
- 12 March 2019
Amazon’s decision to move towards lightweight flexible plastic mailers over its traditional cardboard boxes will likely set a trend for the rest of the industry, according to Wood Mackenzie Chemicals’ recent ‘Q1 2019 Flexible Packaging Global Market Overview’.
News Release
Exploration’s back in the black
- 04 February 2019
After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.
Comment
New opportunity in UK North Sea with Greater Buchan Area round
- 31 January 2019
The Oil & Gas Authority's (OGA) decision to launch the 31st supplementary offshore licensing round, focusing on the Greater Buchan Area offers a material opportunity for players active in the UK North Sea
Comment
Chevron Phillips Chemical to cease US paraxylene production
- 06 December 2018
Commenting on the news that Chevron Phillips Chemical will cease paraxylene production in the U.S at the end of this year, Gordon Haire, Wood Mackenzie Chemicals Research Director, said:
12960 related products from the Store that match
- Asset Report
  Halfaya
  - 30 October 2025
  Halfaya is a medium-heavy oil field located in the Missan province, 130 kilometres north of Basra. The main reservoir is the Mishrif which produces heavy oil, although oil is produced from several different formations.The field was discovered in the 1970s but remained largely undeveloped until the 2000s. Initial development began in 2005 via minimal surface facilities. Full field development…
- Asset Report
  Murchison operations
  - 30 October 2025
  Westgold Resources' Murchison operations operate on a 'hub and spoke' model, feeding ore from multiple underground mines to three central processing hubs - Cue, Meekatharra and Fortnum. In August 2024, Westgold Resources acquired Karora Resources. The acquisition allowed Westgold to integrate Karora's assets, including the Beta Hunt and Higginsville gold operations, with its existing mines in the…
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News Release
Is deepwater ready for cost inflation?
- 27 November 2018
In a newly published report, Wood Mackenzie notes that the deepwater industry appears in good health, following a sustained cost reduction through the downturn. However this hard work is in danger of being undone, as impending cyclical cost inflation could raise break-even costs once again.
Comment
New wave of growth on the horizon for Asia-Pacific's oil and gas sector
- 15 October 2018
Asia-Pacific's oil and gas sector looks set to rebound over the next 12 months as rising demand, stronger commodity prices and an uptick in M&A activity bring greater confidence to the region. Wood Mackenzie predicts rising Asian LNG demand, the return of China's NOCs to growth mode and new appetite for upstream investment to be key factors influencing the sector, not only Asia-Pacific, but also globally into 2019.
Comment
Merger does the business for Wintershall and DEA
- 28 September 2018
Wintershall and DEA set to merge to create independent exploration and production company
Comment
Qatar Petroleum's LNG plans get even bigger
- 27 September 2018
Qatar Petroleum announces plans for a fourth LNG megatrain
Comment
Santos acquires Quadrant Energy
- 23 August 2018
Australian operator Santos has acquired Quadrant Energy for an upfront consideration of US$2.1 billion plus contingency payments linked to resource certification and FID on the recent Dorado discovery. The price paid is a slight premium to our valuation of Quadrant Energy's production portfolio, but the Dorado discovery offers material value upside on the deal.
Comment
Fresh wave of tariffs to hit US plastic pipes, hoses and tubes imports
- 09 August 2018
Commenting on the announcement that the US will impose a 25% tariff on $16 billion worth of Chinese goods, including chemicals, Ashish Chitalia, Wood Mackenzie Principal Analyst, said:
Comment
Market implications of Chinese tariffs on US LNG
- 03 August 2018
Today China announced retaliatory tariffs on $60 billion worth of American imports, in response to the Trump administration's latest trade threats. The list included a 25% tariff on LNG.
News Release
Poland tops growth league in Europe’s €14.1 billion flexible packaging market
- 18 July 2018
According to PCI Wood Mackenzie's latest review of the European marketplace, 'Flexible Packaging European Supply Demand Report', Poland continued to be the fastest growing major flexible packaging market in Europe in 2017, increasing by over 5% during the year.
News Release
Rise in new players in Southeast Asia's upstream sector
- 28 June 2018
Since the fall in oil prices in 2014, oil majors and international oil companies (IOCs) have accelerated a shift towards resource themes and regions offering higher returns, lower complexity and shorter timeframes, away from the more challenging regions such as Southeast Asia. To date, close to 800 million barrels of oil equivalent (boe) of the region's resources have left the hands of majors and IOCs.
Comment
Concho Resources buys RSP Permian in Largest Permian Deal Ever
- 28 March 2018
Andy McConn, research analyst at Wood Mackenzie, shares his thoughts following Concho Resources announced acquisition of RSP Permian Inc. in an $8 billion all-share deal, the largest purely Permian deal ever.
News Release
What will a fresh output cap at Groningen mean for the gas market?
- 01 February 2018
A new cap on production from the Netherlands' giant Groningen gas field may have an impact on the security of Europe's gas supply, hurt Dutch treasury receipts and prompt a reassessment of the field's remaining value.
Comment
Mexico’s Deepwater Round 2.4 Receives Significant Bids
- 31 January 2018
Mexico’s second deepwater licensing round closed today on a high note with 19 of 29 offered blocks awarded, raising more than US$500 million in cash payments. Shell dominated the auction, snapping up nearly half of all blocks awarded. In the Perdido Area, the company won five of six awarded blocks.
News Release
BP's double proves there's life in the old dog yet
- 31 January 2018
BP announced it made two discoveries on the UK Continental Shelf in 2017 - Capercaillie, in the North Sea, and Achmelvich, in the West of Shetland. Wood Mackenzie believes the finds prove there's still life in the ultra-mature province.
Comment
India to double oil products growth in 2018
- 19 January 2018
India is poised to double its oil product demand growth (190 kb/d) in 2018 after a sluggish 2017, when demand grew by only 93 kb/d. Last year, demand growth was at its slowest in the past three years.
News Release
Can upstream cost savings stick?
- 15 December 2017
The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.
Comment
Australian LNG Imports could make economic sense
- 10 October 2017
Major eastern Australian gas buyer AGL has proposed to use a leased Floating Storage and Regasification Unit (FSRU), approximately 65km south of Melbourne, to import LNG and ease domestic gas shortage issues. This solution has faced mixed reviews given the already available domestic options, mainly the CSG-LNG projects in Queensland.
News Release
Better times head for the UKCS, but investment still a concern
- 17 January 2017
Wood Mackenzie expects a modest recovery due to the improving oil price.
News Release
Global wind turbine order intake breaks record in Q2
- 12 September 2022
Strong activity in China pushed global wind turbine order intake to 43 gigawatts (GW) in quarter two of 2022, a new record, and up 36% from year-ago levels. This equates to an estimated $18.1 billion, according to new analysis from Wood Mackenzie.
News Release
OPEC+ prepares for market uncertainty with continued 2 million b/d production cut
- 06 December 2022
Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said “The decision by OPEP+ to continue with its recently agreed 2 million barrels per day (b/d) production cut through the end of 2023 is not a surprise, given the uncertainty in the market over the impact of the 5 December EU Russia crude oil import ban and the G7 price cap. In addition, the producers group faces downside risk from the potential for weakening global economic growth and China’s zero Covid policy.”
News Release
Trade and supply chain barriers delay impact of historic clean energy law
- 13 December 2022
The U.S. added 4.6 gigawatts (GW) of new solar capacity in Q3 2022, a 17% decrease from the same quarter last year as trade barriers and ongoing supply chain constraints continue to slow America’s clean energy progress. These disruptions will cause a 23% decline in solar installations this year compared to 2021, according to the U.S. Solar Market Insight Q4 2022 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business.
News Release
Q3 U.S. grid-scale energy storage market sets new record
- 15 December 2022
The U.S. energy storage market grid-scale segment installed a record 4,733 megawatt-hours (MWh) in the third quarter of 2022, surpassing the previous quarterly high of 4,598 MWh in Q1 of 2021, according to a new report released today. On a single charge, this amount of battery storage could power over 150,000 U.S. homes for a day.
News Release
Global hydrogen pipeline plummets in Q4, with only 1Mtpa of new projects announced
- 23 February 2023
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.
News Release
China drives global wind turbine orders to new record in 2022
- 08 March 2023
Global wind turbine order intake hit new highs in 2022, with 44 gigawatts (GW) procured in Q4 and 134.6 GW for the year, both records. Dominated by activity in China, annual investment reached an estimated $74.2 billion, according to new analysis from Wood Mackenzie.
News Release
US energy storage market continues to expand rapidly
- 15 March 2023
Across all segments of the industry, the U.S. energy storage market installed 4.8 gigawatts (GW) of capacity in 2022, nearly equal to the combined 2020 and 2021 installed capacity of 5 GW, becoming a record year for battery storage. This is according to ACP and Wood Mackenzie’s latest U.S. Energy Storage Monitor report released today.
News Release
Wood Mackenzie appoints new Chief Financial Officer
- 27 March 2023
Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Simon Crowe to its global executive leadership team as Chief Financial Officer (CFO), effective 27th March.

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Search results: 5190

AFPM 2019: Over $200 billion to be invested in U.S. petrochemicals industry

Amazon’s packaging transition boost for U.S. flexible plastics industry

Exploration’s back in the black

New opportunity in UK North Sea with Greater Buchan Area round

Chevron Phillips Chemical to cease US paraxylene production

12960 related products from the Store that match

Halfaya

Murchison operations

Is deepwater ready for cost inflation?

New wave of growth on the horizon for Asia-Pacific's oil and gas sector

Merger does the business for Wintershall and DEA

Qatar Petroleum's LNG plans get even bigger

Santos acquires Quadrant Energy

Fresh wave of tariffs to hit US plastic pipes, hoses and tubes imports

Market implications of Chinese tariffs on US LNG

Poland tops growth league in Europe’s €14.1 billion flexible packaging market

Rise in new players in Southeast Asia's upstream sector

Concho Resources buys RSP Permian in Largest Permian Deal Ever

What will a fresh output cap at Groningen mean for the gas market?

Mexico’s Deepwater Round 2.4 Receives Significant Bids

BP's double proves there's life in the old dog yet

India to double oil products growth in 2018

Can upstream cost savings stick?

Australian LNG Imports could make economic sense

Better times head for the UKCS, but investment still a concern

Global wind turbine order intake breaks record in Q2

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

Trade and supply chain barriers delay impact of historic clean energy law

Q3 U.S. grid-scale energy storage market sets new record

Global hydrogen pipeline plummets in Q4, with only 1Mtpa of new projects announced

China drives global wind turbine orders to new record in 2022

US energy storage market continues to expand rapidly

Wood Mackenzie appoints new Chief Financial Officer